Luigi's: 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.
Luigi's
Largest movements
- Receivables within one year -€8,039
down €8,039 (-45.4%), from €17,710 to €9,672
of which Trade receivables: -€5,751
- Tangible fixed assets -€5,231
down €5,231 (-34.0%), from €15,395 to €10,165
of which Plant, machinery and equipment: -€5,097
- Trade debts -€8,232
down €8,232 (-100%), from €8,232 to €0
- Tax, wage and social debts -€5,220
down €5,220 (-36.7%), from €14,216 to €8,997
of which Remuneration and social security: -€4,835
- Other debts +€4,789
up €4,789 (+160%), from €3,000 to €7,789
- Debts after one year -€4,164
down €4,164 (-51.3%), from €8,126 to €3,961
- Profit (loss) carried forward -€652
down €652 (-26.5%), from -€2,461 to -€3,113
- Staff costs -€10,665
down €10,665 (-14.1%), from €75,472 to €64,807
- Gross operating margin -€8,053
down €8,053 (-10.2%), from €79,290 to €71,237
- Taxes -€1,403
down €1,403 (-82.2%), from €1,708 to €304
- Financial income -€793
down €793 (-49.3%), from €1,610 to €817
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 | €40,120 | €26,798 | -€13,322 | -33.2% |
| Fixed assets | 21/28 | €15,395 | €10,165 | -€5,231 | -34.0% |
| Tangible fixed assets | 22/27 | €15,395 | €10,165 | -€5,231 | -34.0% |
| Plant, machinery and equipment | 23 | €14,359 | €9,261 | -€5,097 | -35.5% |
| Other tangible fixed assets | 26 | €1,036 | €903 | -€133 | -12.9% |
| Current assets | 29/58 | €24,724 | €16,633 | -€8,091 | -32.7% |
| Amounts receivable within one year | 40/41 | €17,710 | €9,672 | -€8,039 | -45.4% |
| Trade receivables | 40 | €15,422 | €9,672 | -€5,751 | -37.3% |
| Other amounts receivable | 41 | €2,288 | €0 | -€2,288 | -100% |
| Cash at bank and in hand | 54/58 | €7,014 | €6,962 | -€53 | -0.7% |
| Total equity and liabilities | 10/49 | €40,120 | €26,798 | -€13,322 | -33.2% |
| Equity | 10/15 | €2,539 | €1,887 | -€652 | -25.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€2,461 | -€3,113 | -€652 | -26.5% |
| Amounts payable | 17/49 | €37,580 | €24,911 | -€12,670 | -33.7% |
| Amounts payable after more than one year | 17 | €8,126 | €3,961 | -€4,164 | -51.3% |
| Financial debts | 170/4 | €8,126 | €3,961 | -€4,164 | -51.3% |
| Amounts payable within one year | 42/48 | €29,455 | €20,950 | -€8,505 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €4,007 | €4,164 | +€158 | +3.9% |
| Trade debts | 44 | €8,232 | €0 | -€8,232 | -100% |
| Suppliers | 440/4 | €8,232 | €0 | -€8,232 | -100% |
| Taxes, remuneration and social security | 45 | €14,216 | €8,997 | -€5,220 | -36.7% |
| Taxes | 450/3 | €4,560 | €4,175 | -€385 | -8.4% |
| Remuneration and social security | 454/9 | €9,657 | €4,822 | -€4,835 | -50.1% |
| Other amounts payable | 47/48 | €3,000 | €7,789 | +€4,789 | +160% |
| Remuneration, social security and pensions | 62 | €75,472 | €64,807 | -€10,665 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,231 | €5,231 | = | 0.0% |
| Other operating charges | 640/8 | €1,920 | €1,539 | -€381 | -19.8% |
| Gross operating margin | 9900 | €79,290 | €71,237 | -€8,053 | -10.2% |
| Operating profit (loss) | 9901 | -€3,332 | -€340 | +€2,992 | +89.8% |
| Financial income | 75/76B | €1,610 | €817 | -€793 | -49.3% |
| Recurring financial income | 75 | €1,610 | €817 | -€793 | -49.3% |
| Financial charges | 65/66B | €1,233 | €825 | -€408 | -33.1% |
| Recurring financial charges | 65 | €1,233 | €825 | -€408 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,955 | -€348 | +€2,607 | +88.2% |
| Income taxes | 67/77 | €1,708 | €304 | -€1,403 | -82.2% |
| Profit (loss) for the period | 9904 | -€4,663 | -€652 | +€4,011 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,663 | -€652 | +€4,011 | +86.0% |
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 17 October 2026 via checked.be.