JUWELENCENTRUM LUYTEN: what changed
What changed
JUWELENCENTRUM LUYTEN
NACE 47.770, Retail sale of watches and jewellery
filed annual accounts (NBB)
Net result for the year
€193,152
2024 · €189,833+€3,319
Equity
€1.3m
2024 · €1.1m+€136,152
Cash
€167,168
2024 · €129,363+€37,804
Balance sheet total
€2.2m
2024 · €2.0m+€169,795
Largest movements
Assets
- Stocks and contracts +€191,409
up €191,409 (+14.3%), from €1.3m to €1.5m
- Receivables within one year -€77,709
down €77,709 (-92.3%), from €84,149 to €6,440
of which Trade receivables: -€51,667
- Cash +€37,804
up €37,804 (+29.2%), from €129,363 to €167,168
mainly Net result for the year (+€193,152) and Receivables within one year (+€77,709)
Equity and liabilities
- Reserves +€136,152
up €136,152 (+13.1%), from €1.0m to €1.2m
of which Distributable reserves: +€136,152
- Other debts -€27,323
down €27,323 (-26.5%), from €102,977 to €75,654
- Debts after one year +€23,301
up €23,301 (+10.8%), from €215,261 to €238,562
- Tax, wage and social debts +€22,566
up €22,566 (+28.7%), from €78,693 to €101,259
of which Taxes: +€14,742
Income statement
- Gross operating margin +€119,283
up €119,283 (+27.4%), from €435,231 to €554,514
- Staff costs +€49,103
up €49,103 (+40.3%), from €121,782 to €170,886
- Taxes +€11,726
up €11,726 (+25.2%), from €46,565 to €58,291
- Financial charges +€8,871
up €8,871 (+73.5%), from €12,072 to €20,943
- Depreciation +€8,060
up €8,060 (+12.6%), from €64,015 to €72,075
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€189,833
Gross operating margin
+€119,283
Staff costs
-€49,103
Depreciation
-€8,060
Other operating charges
+€1,757
Other operating items
-€41,113
Financial income
+€1,154
Financial charges
-€8,871
Taxes
-€11,726
Result 2025
€193,152
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€153,755
Investment
-€91,123
Financing
-€24,827
Cash 2024
€129,363
From operations (derived)
+€153,755
Net result for the year
+€193,152
Depreciation
+€72,075
Stocks and contracts
-€191,409
Receivables within one year
+€77,709
Deferred charges and accrued income
+€757
Trade debts
+€5,688
Tax, wage and social debts
+€22,566
Other debts
-€27,323
Accrued charges and deferred income
+€539
Investment (derived)
-€91,123
Investment in fixed assets (net)
-€91,123
Financing
-€24,827
Debts after one year
+€23,301
Current portion of long-term debt
+€8,871
Contributions, distributions and other
-€57,000
Cash 2025
€167,168
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,033,654 | €2,203,449 | +€169,795 | +8.3% |
| Fixed assets | 21/28 | €471,641 | €490,689 | +€19,048 | +4.0% |
| Tangible fixed assets | 22/27 | €471,641 | €490,689 | +€19,048 | +4.0% |
| Land and buildings | 22 | €414,427 | €427,040 | +€12,613 | +3.0% |
| Plant, machinery and equipment | 23 | €7,256 | €6,186 | -€1,069 | -14.7% |
| Furniture and vehicles | 24 | €49,958 | €57,462 | +€7,504 | +15.0% |
| Current assets | 29/58 | €1,562,013 | €1,712,760 | +€150,747 | +9.7% |
| Stocks and contracts in progress | 3 | €1,337,237 | €1,528,647 | +€191,409 | +14.3% |
| Stocks | 30/36 | €1,337,237 | €1,528,647 | +€191,409 | +14.3% |
| Amounts receivable within one year | 40/41 | €84,149 | €6,440 | -€77,709 | -92.3% |
| Trade receivables | 40 | €58,107 | €6,440 | -€51,667 | -88.9% |
| Other amounts receivable | 41 | €26,042 | €0 | -€26,042 | -100% |
| Cash at bank and in hand | 54/58 | €129,363 | €167,168 | +€37,804 | +29.2% |
| Deferred charges and accrued income | 490/1 | €11,263 | €10,506 | -€757 | -6.7% |
| Total equity and liabilities | 10/49 | €2,033,654 | €2,203,449 | +€169,795 | +8.3% |
| Equity | 10/15 | €1,145,439 | €1,281,591 | +€136,152 | +11.9% |
| Contributions | 10/11 | €106,000 | €106,000 | = | 0.0% |
| Reserves | 13 | €1,039,439 | €1,175,591 | +€136,152 | +13.1% |
| Tax-exempt reserves | 132 | €24,640 | €24,640 | = | 0.0% |
| Distributable reserves | 133 | €1,014,799 | €1,150,951 | +€136,152 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €888,215 | €921,858 | +€33,643 | +3.8% |
| Amounts payable after more than one year | 17 | €215,261 | €238,562 | +€23,301 | +10.8% |
| Financial debts | 170/4 | €215,261 | €238,562 | +€23,301 | +10.8% |
| Amounts payable within one year | 42/48 | €672,954 | €682,757 | +€9,803 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €46,817 | €55,688 | +€8,871 | +18.9% |
| Trade debts | 44 | €444,467 | €450,155 | +€5,688 | +1.3% |
| Suppliers | 440/4 | €444,467 | €450,155 | +€5,688 | +1.3% |
| Taxes, remuneration and social security | 45 | €78,693 | €101,259 | +€22,566 | +28.7% |
| Taxes | 450/3 | €49,378 | €64,120 | +€14,742 | +29.9% |
| Remuneration and social security | 454/9 | €29,316 | €37,139 | +€7,823 | +26.7% |
| Other amounts payable | 47/48 | €102,977 | €75,654 | -€27,323 | -26.5% |
| Accrued charges and deferred income | 492/3 | - | €539 | +€539 | |
| Non-recurring operating income | 76A | €29,477 | €0 | -€29,477 | -100% |
| Remuneration, social security and pensions | 62 | €121,782 | €170,886 | +€49,103 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,015 | €72,075 | +€8,060 | +12.6% |
| Other operating charges | 640/8 | €2,669 | €912 | -€1,757 | -65.8% |
| Non-recurring operating charges | 66A | - | €41,113 | +€41,113 | |
| Gross operating margin | 9900 | €435,231 | €554,514 | +€119,283 | +27.4% |
| Operating profit (loss) | 9901 | €246,764 | €269,527 | +€22,763 | +9.2% |
| Financial income | 75/76B | €1,705 | €2,859 | +€1,154 | +67.7% |
| Recurring financial income | 75 | €1,705 | €2,859 | +€1,154 | +67.7% |
| Financial charges | 65/66B | €12,072 | €20,943 | +€8,871 | +73.5% |
| Recurring financial charges | 65 | €12,072 | €20,943 | +€8,871 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | €236,397 | €251,443 | +€15,045 | +6.4% |
| Income taxes | 67/77 | €46,565 | €58,291 | +€11,726 | +25.2% |
| Profit (loss) for the period | 9904 | €189,833 | €193,152 | +€3,319 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €189,833 | €193,152 | +€3,319 | +1.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.