LEXXUS: what changed
Two fiscal 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.
LEXXUS
Largest movements
- Stocks and contracts -€6.6m
down €6.6m (-52.3%), from €12.6m to €6.0m
- Cash -€1.3m
down €1.3m (-58.5%), from €2.1m to €890,320
mainly Advances received (-€6.4m) and Trade debts (-€1.8m)
- Tangible fixed assets -€194,684
down €194,684 (-6.3%), from €3.1m to €2.9m
of which Land and buildings: -€160,543
- Receivables within one year -€183,114
down €183,114 (-37.3%), from €491,235 to €308,121
of which Trade receivables: -€443,900
- Advances received -€6.4m
down €6.4m (-88.8%), from €7.2m to €803,091
- Trade debts -€1.8m
down €1.8m (-99.4%), from €1.8m to €10,916
- Debts after one year -€210,529
down €210,529 (-9.8%), from €2.2m to €1.9m
- Financial charges -€82,583
down €82,583 (-29.3%), from €282,054 to €199,471
- Financial income +€39,611
up €39,611 (+3064.2%), from €1,293 to €40,904
- Taxes +€30,744
up €30,744 (+124.9%), from €24,619 to €55,363
- Gross operating margin -€17,675
down €17,675 (-3.1%), from €568,418 to €550,743
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,310,611 | €10,077,414 | -€8.2m | -45.0% |
| Fixed assets | 21/28 | €3,071,796 | €2,877,112 | -€194,684 | -6.3% |
| Tangible fixed assets | 22/27 | €3,071,710 | €2,877,026 | -€194,684 | -6.3% |
| Land and buildings | 22 | €2,914,391 | €2,753,848 | -€160,543 | -5.5% |
| Furniture and vehicles | 24 | €157,319 | €123,178 | -€34,141 | -21.7% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €15,238,815 | €7,200,302 | -€8.0m | -52.8% |
| Stocks and contracts in progress | 3 | €12,568,366 | €5,991,598 | -€6.6m | -52.3% |
| Stocks | 30/36 | €12,568,366 | €5,991,598 | -€6.6m | -52.3% |
| Amounts receivable within one year | 40/41 | €491,235 | €308,121 | -€183,114 | -37.3% |
| Trade receivables | 40 | €451,424 | €7,524 | -€443,900 | -98.3% |
| Other amounts receivable | 41 | €39,811 | €300,597 | +€260,787 | +655.1% |
| Cash at bank and in hand | 54/58 | €2,146,585 | €890,320 | -€1.3m | -58.5% |
| Deferred charges and accrued income | 490/1 | €32,629 | €10,263 | -€22,366 | -68.5% |
| Total equity and liabilities | 10/49 | €18,310,611 | €10,077,414 | -€8.2m | -45.0% |
| Equity | 10/15 | €2,566,097 | €2,695,884 | +€129,787 | +5.1% |
| Contributions | 10/11 | €560,000 | €560,000 | = | 0.0% |
| Reserves | 13 | €2,006,097 | €2,135,884 | +€129,787 | +6.5% |
| Tax-exempt reserves | 132 | €351 | €351 | = | 0.0% |
| Distributable reserves | 133 | €2,005,745 | €2,135,533 | +€129,787 | +6.5% |
| Amounts payable | 17/49 | €15,744,515 | €7,381,530 | -€8.4m | -53.1% |
| Amounts payable after more than one year | 17 | €2,152,580 | €1,942,051 | -€210,529 | -9.8% |
| Financial debts | 170/4 | €2,152,580 | €1,942,051 | -€210,529 | -9.8% |
| Amounts payable within one year | 42/48 | €13,591,935 | €5,439,479 | -€8.2m | -60.0% |
| Current portion of amounts payable after more than one year | 42 | €226,999 | €244,298 | +€17,299 | +7.6% |
| Financial debts | 43 | €1,950,000 | €2,000,000 | +€50,000 | +2.6% |
| Credit institutions | 430/8 | €1,950,000 | €2,000,000 | +€50,000 | +2.6% |
| Trade debts | 44 | €1,844,210 | €10,916 | -€1.8m | -99.4% |
| Suppliers | 440/4 | €1,844,210 | €10,916 | -€1.8m | -99.4% |
| Advances received on contracts in progress | 46 | €7,161,376 | €803,091 | -€6.4m | -88.8% |
| Taxes, remuneration and social security | 45 | €157,433 | €160,076 | +€2,643 | +1.7% |
| Taxes | 450/3 | €157,433 | €160,076 | +€2,643 | +1.7% |
| Other amounts payable | 47/48 | €2,251,918 | €2,221,099 | -€30,819 | -1.4% |
| Non-recurring operating income | 76A | €588,067 | €0 | -€588,067 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,881 | €194,684 | -€2,197 | -1.1% |
| Other operating charges | 640/8 | €12,416 | €12,341 | -€74 | -0.6% |
| Gross operating margin | 9900 | €568,418 | €550,743 | -€17,675 | -3.1% |
| Operating profit (loss) | 9901 | €359,122 | €343,718 | -€15,404 | -4.3% |
| Financial income | 75/76B | €1,293 | €40,904 | +€39,611 | +3064.2% |
| Recurring financial income | 75 | €1,293 | €40,904 | +€39,611 | +3064.2% |
| Financial charges | 65/66B | €282,054 | €199,471 | -€82,583 | -29.3% |
| Recurring financial charges | 65 | €282,054 | €199,471 | -€82,583 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €78,360 | €185,151 | +€106,791 | +136.3% |
| Income taxes | 67/77 | €24,619 | €55,363 | +€30,744 | +124.9% |
| Profit (loss) for the period | 9904 | €53,741 | €129,787 | +€76,047 | +141.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,741 | €129,787 | +€76,047 | +141.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.