LE LUXEMBOURG: what changed
What changed
LE LUXEMBOURG
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Net result for the year
-€377
2024 · €5,608-€5,985
Equity
€107,022
2024 · €108,092-€1,070
Cash
€28,140
2024 · €29,229-€1,089
Balance sheet total
€129,641
2024 · €147,612-€17,971
Largest movements
Assets
- Tangible fixed assets -€13,890
down €13,890 (-12.3%), from €113,376 to €99,486
of which Plant, machinery and equipment: -€11,157
- Receivables within one year -€3,000
down €3,000 (-97.8%), from €3,068 to €68
of which Trade receivables: -€2,400
Equity and liabilities
- Other debts -€12,500
down €12,500 (-62.8%), from €19,897 to €7,397
- Debts after one year -€4,088
down €4,088 (-40.2%), from €10,169 to €6,081
Income statement
- Gross operating margin -€5,588
down €5,588 (-24.4%), from €22,878 to €17,290
- Taxes +€1,817
up €1,817 (+93.2%), from -€1,950 to -€133
- Financial charges -€1,520
no longer reported in 2025 (was €1,520)
- Financial income -€347
down €347 (-33.4%), from €1,040 to €693
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
€5,608
Gross operating margin
-€5,588
Depreciation
+€121
Other operating charges
+€213
Financial income
-€347
Financial charges
+€1,520
Taxes
-€1,817
Deferred taxes and other
-€87
Result 2025
-€377
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
+€3,531
Investment
€0
Financing
-€4,620
Cash 2024
€29,229
From operations (derived)
+€3,531
Net result for the year
-€377
Depreciation
+€13,890
Receivables within one year
+€3,000
Deferred charges and accrued income
-€8
Provisions
-€173
Trade debts
-€819
Tax, wage and social debts
-€117
Other debts
-€12,500
Accrued charges and deferred income
+€635
Financing
-€4,620
Debts after one year
-€4,088
Current portion of long-term debt
+€161
Contributions, distributions and other
-€693
Cash 2025
€28,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,612 | €129,641 | -€17,971 | -12.2% |
| Fixed assets | 21/28 | €113,376 | €99,486 | -€13,890 | -12.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €113,376 | €99,486 | -€13,890 | -12.3% |
| Land and buildings | 22 | €32,613 | €32,614 | +€1 | 0.0% |
| Plant, machinery and equipment | 23 | €73,666 | €62,509 | -€11,157 | -15.1% |
| Furniture and vehicles | 24 | €7,097 | €4,363 | -€2,734 | -38.5% |
| Current assets | 29/58 | €34,236 | €30,155 | -€4,081 | -11.9% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,068 | €68 | -€3,000 | -97.8% |
| Trade receivables | 40 | €2,400 | - | -€2,400 | |
| Other amounts receivable | 41 | €668 | €68 | -€600 | -89.8% |
| Cash at bank and in hand | 54/58 | €29,229 | €28,140 | -€1,089 | -3.7% |
| Deferred charges and accrued income | 490/1 | €439 | €447 | +€8 | +1.8% |
| Total equity and liabilities | 10/49 | €147,612 | €129,641 | -€17,971 | -12.2% |
| Equity | 10/15 | €108,092 | €107,022 | -€1,070 | -1.0% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,499 | €93,122 | -€377 | -0.4% |
| Investment grants | 15 | €5,893 | €5,200 | -€693 | -11.8% |
| Provisions and deferred taxes | 16 | €1,473 | €1,300 | -€173 | -11.7% |
| Deferred taxes | 168 | €1,473 | €1,300 | -€173 | -11.7% |
| Amounts payable | 17/49 | €38,047 | €21,319 | -€16,728 | -44.0% |
| Amounts payable after more than one year | 17 | €10,169 | €6,081 | -€4,088 | -40.2% |
| Financial debts | 170/4 | €10,169 | €6,081 | -€4,088 | -40.2% |
| Amounts payable within one year | 42/48 | €27,878 | €14,603 | -€13,275 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €3,927 | €4,088 | +€161 | +4.1% |
| Trade debts | 44 | €2,104 | €1,285 | -€819 | -38.9% |
| Suppliers | 440/4 | €2,104 | €1,285 | -€819 | -38.9% |
| Taxes, remuneration and social security | 45 | €1,950 | €1,833 | -€117 | -6.0% |
| Taxes | 450/3 | €1,950 | €1,833 | -€117 | -6.0% |
| Other amounts payable | 47/48 | €19,897 | €7,397 | -€12,500 | -62.8% |
| Accrued charges and deferred income | 492/3 | - | €635 | +€635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,011 | €13,890 | -€121 | -0.9% |
| Other operating charges | 640/8 | €4,989 | €4,776 | -€213 | -4.3% |
| Gross operating margin | 9900 | €22,878 | €17,290 | -€5,588 | -24.4% |
| Operating profit (loss) | 9901 | €3,878 | -€1,376 | -€5,254 | |
| Financial income | 75/76B | €1,040 | €693 | -€347 | -33.4% |
| Recurring financial income | 75 | €1,040 | €693 | -€347 | -33.4% |
| Financial charges | 65/66B | €1,520 | - | -€1,520 | |
| Recurring financial charges | 65 | €1,520 | - | -€1,520 | |
| Profit (loss) for the period before taxes | 9903 | €3,398 | -€683 | -€4,081 | |
| Transfer from deferred taxes | 780 | €260 | €173 | -€87 | -33.5% |
| Income taxes | 67/77 | -€1,950 | -€133 | +€1,817 | +93.2% |
| Profit (loss) for the period | 9904 | €5,608 | -€377 | -€5,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,608 | -€377 | -€5,985 |
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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 3 November 2026 via checked.be.