DE LUZE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE LUZE
Largest movements
- Receivables within one year -€32,858
down €32,858 (-26.0%), from €126,168 to €93,310
- Cash -€6,998
down €6,998 (-79.0%), from €8,860 to €1,862
mainly Net result for the year (-€24,998) and Tax, wage and social debts (-€14,145)
- Profit (loss) carried forward -€24,998
down €24,998 (-47.0%), from €53,206 to €28,208
- Tax, wage and social debts -€14,145
down €14,145 (-56.8%), from €24,892 to €10,747
- Trade debts -€1,514
down €1,514 (-27.3%), from €5,538 to €4,023
- Gross operating margin -€63,579
down €63,579, from €33,309 to -€30,270
- Taxes -€11,984
down €11,984 (-99.8%), from €12,011 to €27
- Financial income -€797
down €797 (-10.3%), from €7,741 to €6,944
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,359 | €97,477 | -€40,882 | -29.5% |
| Fixed assets | 21/28 | €3,331 | €2,305 | -€1,026 | -30.8% |
| Tangible fixed assets | 22/27 | €3,331 | €2,305 | -€1,026 | -30.8% |
| Furniture and vehicles | 24 | €3,331 | €2,305 | -€1,026 | -30.8% |
| Current assets | 29/58 | €135,028 | €95,172 | -€39,856 | -29.5% |
| Amounts receivable within one year | 40/41 | €126,168 | €93,310 | -€32,858 | -26.0% |
| Other amounts receivable | 41 | €126,168 | €93,310 | -€32,858 | -26.0% |
| Cash at bank and in hand | 54/58 | €8,860 | €1,862 | -€6,998 | -79.0% |
| Total equity and liabilities | 10/49 | €138,359 | €97,477 | -€40,882 | -29.5% |
| Equity | 10/15 | €107,704 | €82,706 | -€24,998 | -23.2% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €51,398 | €51,398 | = | 0.0% |
| Distributable reserves | 133 | €51,398 | €51,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,206 | €28,208 | -€24,998 | -47.0% |
| Amounts payable | 17/49 | €30,655 | €14,771 | -€15,884 | -51.8% |
| Amounts payable within one year | 42/48 | €30,430 | €14,771 | -€15,659 | -51.5% |
| Trade debts | 44 | €5,538 | €4,023 | -€1,514 | -27.3% |
| Suppliers | 440/4 | €5,538 | €4,023 | -€1,514 | -27.3% |
| Taxes, remuneration and social security | 45 | €24,892 | €10,747 | -€14,145 | -56.8% |
| Taxes | 450/3 | €24,892 | €10,747 | -€14,145 | -56.8% |
| Accrued charges and deferred income | 492/3 | €225 | - | -€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,207 | €1,026 | -€181 | -15.0% |
| Other operating charges | 640/8 | €587 | €439 | -€148 | -25.2% |
| Gross operating margin | 9900 | €33,309 | -€30,270 | -€63,579 | |
| Operating profit (loss) | 9901 | €31,514 | -€31,736 | -€63,250 | |
| Financial income | 75/76B | €7,741 | €6,944 | -€797 | -10.3% |
| Recurring financial income | 75 | €7,741 | €6,944 | -€797 | -10.3% |
| Financial charges | 65/66B | €202 | €179 | -€23 | -11.3% |
| Recurring financial charges | 65 | €202 | €179 | -€23 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €39,053 | -€24,970 | -€64,024 | |
| Income taxes | 67/77 | €12,011 | €27 | -€11,984 | -99.8% |
| Profit (loss) for the period | 9904 | €27,042 | -€24,998 | -€52,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,042 | -€24,998 | -€52,040 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.