LUIJTEN: what changed
LUIJTEN
Largest movements
- Cash +€47,106
up €47,106 (+20.7%), from €227,201 to €274,307
mainly Net result for the year (+€35,218) and Depreciation (+€12,972)
- Tangible fixed assets -€8,924
down €8,924 (-53.4%), from €16,718 to €7,794
of which Furniture and vehicles: -€10,940
- Receivables within one year -€8,080
down €8,080 (-31.2%), from €25,919 to €17,839
of which Trade receivables: -€8,006
- Reserves +€35,218
up €35,218 (+70.1%), from €50,205 to €85,423
- Current portion of long-term debt -€9,394
down €9,394 (-68.9%), from €13,639 to €4,245
- Tax, wage and social debts +€4,832
up €4,832 (+34.8%), from €13,894 to €18,726
- Gross operating margin -€17,517
down €17,517 (-20.2%), from €86,928 to €69,411
- Taxes +€2,610
up €2,610 (+18.1%), from €14,445 to €17,054
- Depreciation -€2,543
down €2,543 (-16.4%), from €15,515 to €12,972
- Financial income +€1,116
new in 2025: €1,116
of which Financial income: +€1,116
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €273,438 | €303,319 | +€29,881 | +10.9% |
| Fixed assets | 21/28 | €16,718 | €7,794 | -€8,924 | -53.4% |
| Tangible fixed assets | 22/27 | €16,718 | €7,794 | -€8,924 | -53.4% |
| Land and buildings | 22 | - | €3,527 | +€3,527 | |
| Plant, machinery and equipment | 23 | €2,759 | €1,248 | -€1,511 | -54.8% |
| Furniture and vehicles | 24 | €13,959 | €3,019 | -€10,940 | -78.4% |
| Current assets | 29/58 | €256,720 | €295,525 | +€38,805 | +15.1% |
| Amounts receivable within one year | 40/41 | €25,919 | €17,839 | -€8,080 | -31.2% |
| Trade receivables | 40 | €22,919 | €14,913 | -€8,006 | -34.9% |
| Other amounts receivable | 41 | €3,000 | €2,926 | -€74 | -2.5% |
| Cash at bank and in hand | 54/58 | €227,201 | €274,307 | +€47,106 | +20.7% |
| Deferred charges and accrued income | 490/1 | €3,600 | €3,379 | -€221 | -6.1% |
| Total equity and liabilities | 10/49 | €273,438 | €303,319 | +€29,881 | +10.9% |
| Equity | 10/15 | €74,995 | €110,212 | +€35,218 | +47.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €50,205 | €85,423 | +€35,218 | +70.1% |
| Distributable reserves | 133 | €50,205 | €85,423 | +€35,218 | +70.1% |
| Amounts payable | 17/49 | €198,443 | €193,107 | -€5,336 | -2.7% |
| Amounts payable after more than one year | 17 | €110,755 | €110,755 | = | 0.0% |
| Financial debts | 170/4 | €110,755 | €110,755 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,688 | €82,352 | -€5,336 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €13,639 | €4,245 | -€9,394 | -68.9% |
| Financial debts | 43 | €409 | €28 | -€381 | -93.2% |
| Credit institutions | 430/8 | €409 | €28 | -€381 | -93.2% |
| Trade debts | 44 | €3,996 | €1,692 | -€2,304 | -57.7% |
| Suppliers | 440/4 | €3,996 | €1,692 | -€2,304 | -57.7% |
| Taxes, remuneration and social security | 45 | €13,894 | €18,726 | +€4,832 | +34.8% |
| Taxes | 450/3 | €13,894 | €18,726 | +€4,832 | +34.8% |
| Other amounts payable | 47/48 | €55,750 | €57,662 | +€1,912 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,515 | €12,972 | -€2,543 | -16.4% |
| Other operating charges | 640/8 | €962 | €646 | -€316 | -32.8% |
| Gross operating margin | 9900 | €86,928 | €69,411 | -€17,517 | -20.2% |
| Operating profit (loss) | 9901 | €70,451 | €55,793 | -€14,658 | -20.8% |
| Financial income | 75/76B | - | €1,116 | +€1,116 | |
| Recurring financial income | 75 | - | €1,116 | +€1,116 | |
| Non-recurring financial income | 76B | - | €1,116 | +€1,116 | |
| Financial charges | 65/66B | €5,384 | €4,637 | -€747 | -13.9% |
| Recurring financial charges | 65 | €5,384 | €4,637 | -€747 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €65,067 | €52,272 | -€12,795 | -19.7% |
| Income taxes | 67/77 | €14,445 | €17,054 | +€2,610 | +18.1% |
| Profit (loss) for the period | 9904 | €50,622 | €35,218 | -€15,405 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,622 | €35,218 | -€15,405 | -30.4% |
Next steps
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.