LUAX: 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.
LUAX
Largest movements
- Receivables within one year -€50,000
down €50,000 (-6.0%), from €832,535 to €782,535
- Debts after one year -€50,000
down €50,000 (-12.0%), from €415,000 to €365,000
- Financial income -€4,860
no longer reported in 2024 (was €4,860)
- Gross operating margin +€1,956
up €1,956 (+62.0%), from -€3,154 to -€1,198
- Depreciation +€226
up €226 (+66.1%), from €341 to €567
- Financial charges -€50
down €50 (-21.8%), from €229 to €179
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 | €2,248,114 | €2,194,640 | -€53,474 | -2.4% |
| Fixed assets | 21/28 | €1,406,156 | €1,405,589 | -€567 | 0.0% |
| Tangible fixed assets | 22/27 | €21,873 | €21,306 | -€567 | -2.6% |
| Land and buildings | 22 | €21,873 | €21,306 | -€567 | -2.6% |
| Financial fixed assets | 28 | €1,384,283 | €1,384,283 | = | 0.0% |
| Current assets | 29/58 | €841,958 | €789,051 | -€52,907 | -6.3% |
| Amounts receivable within one year | 40/41 | €832,535 | €782,535 | -€50,000 | -6.0% |
| Other amounts receivable | 41 | €832,535 | €782,535 | -€50,000 | -6.0% |
| Cash at bank and in hand | 54/58 | €5,917 | €3,010 | -€2,907 | -49.1% |
| Deferred charges and accrued income | 490/1 | €3,506 | €3,506 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,248,114 | €2,194,640 | -€53,474 | -2.4% |
| Equity | 10/15 | €566,521 | €563,609 | -€2,912 | -0.5% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €287,753 | €287,753 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,115 | €17,115 | = | 0.0% |
| Legal reserve | 130 | €17,115 | €17,115 | = | 0.0% |
| Distributable reserves | 133 | €270,638 | €270,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,705 | -€21,617 | -€2,912 | -15.6% |
| Amounts payable | 17/49 | €1,681,593 | €1,631,031 | -€50,562 | -3.0% |
| Amounts payable after more than one year | 17 | €415,000 | €365,000 | -€50,000 | -12.0% |
| Other amounts payable | 178/9 | €415,000 | €365,000 | -€50,000 | -12.0% |
| Amounts payable within one year | 42/48 | €1,266,593 | €1,266,031 | -€562 | 0.0% |
| Trade debts | 44 | €6,466 | €5,904 | -€562 | -8.7% |
| Suppliers | 440/4 | €6,466 | €5,904 | -€562 | -8.7% |
| Other amounts payable | 47/48 | €1,260,127 | €1,260,127 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €567 | +€226 | +66.1% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€3,154 | -€1,198 | +€1,956 | +62.0% |
| Operating profit (loss) | 9901 | -€4,456 | -€2,733 | +€1,723 | +38.7% |
| Financial income | 75/76B | €4,860 | - | -€4,860 | |
| Recurring financial income | 75 | €4,860 | - | -€4,860 | |
| Financial charges | 65/66B | €229 | €179 | -€50 | -21.8% |
| Recurring financial charges | 65 | €229 | €179 | -€50 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €175 | -€2,912 | -€3,088 | |
| Profit (loss) for the period | 9904 | €175 | -€2,912 | -€3,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €175 | -€2,912 | -€3,088 |
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 8 October 2026 via checked.be.