LUISMIL: 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.
What changed
LUISMIL
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€115,371
2024 · €23,946-€139,317
Equity
€137,574
2024 · €252,946-€115,371
Cash
€521,163
2024 · €297,581+€223,582
Balance sheet total
€5.1m
2024 · €2.5m+€2.6m
Largest movements
Assets
- Tangible fixed assets +€2.4m
up €2.4m (+11624.9%), from €20,390 to €2.4m
of which Other tangible fixed assets: +€2.2m
- Cash +€223,582
up €223,582 (+75.1%), from €297,581 to €521,163
mainly Debts after one year (+€1.8m) and Trade debts (+€967,886)
- Receivables within one year +€206,715
up €206,715 (+107.2%), from €192,743 to €399,457
of which Other amounts receivable: +€109,389
- Current investments -€100,000
down €100,000 (-12.5%), from €800,000 to €700,000
Equity and liabilities
- Debts after one year +€1.8m
up €1.8m (+397.9%), from €464,604 to €2.3m
- Trade debts +€967,886
up €967,886 (+83.0%), from €1.2m to €2.1m
- Profit (loss) carried forward -€115,371
down €115,371, from €1,746 to -€113,626
Income statement
- Gross operating margin -€194,648
down €194,648 (-7.2%), from €2.7m to €2.5m
- Staff costs -€106,346
down €106,346 (-4.2%), from €2.6m to €2.4m
- Depreciation +€68,775
up €68,775 (+199.5%), from €34,475 to €103,250
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.
Result 2024
€23,946
Gross operating margin
-€194,648
Staff costs
+€106,346
Depreciation
-€68,775
Other operating charges
+€653
Other operating items
-€9,513
Financial income
-€7,153
Financial charges
+€22,931
Taxes
+€10,843
Result 2025
-€115,371
Cash bridge derived
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.
From operations
+€717,692
Investment
-€2.3m
Financing
+€1.8m
Cash 2024
€297,581
From operations (derived)
+€717,692
Net result for the year
-€115,371
Depreciation
+€103,250
Stocks and contracts
+€42,568
Receivables within one year
-€206,715
Deferred charges and accrued income
-€19,567
Provisions
-€23,414
Trade debts
+€967,886
Tax, wage and social debts
+€37,863
Other debts
-€20,663
Accrued charges and deferred income
-€48,144
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€2.4m
Current investments
+€100,000
Financing
+€1.8m
Debts after one year
+€1.8m
Current portion of long-term debt
+€827
Cash 2025
€521,163
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,468,473 | €5,116,081 | +€2.6m | +107.3% |
| Fixed assets | 21/28 | €239,394 | €2,579,704 | +€2.3m | +977.6% |
| Intangible fixed assets | 21 | €219,003 | €188,987 | -€30,017 | -13.7% |
| Tangible fixed assets | 22/27 | €20,390 | €2,390,718 | +€2.4m | +11624.9% |
| Plant, machinery and equipment | 23 | €5,386 | €56,878 | +€51,492 | +956.1% |
| Furniture and vehicles | 24 | €8,450 | €81,780 | +€73,330 | +867.8% |
| Other tangible fixed assets | 26 | €6,554 | €2,252,060 | +€2.2m | +34260.1% |
| Current assets | 29/58 | €2,229,080 | €2,536,376 | +€307,297 | +13.8% |
| Stocks and contracts in progress | 3 | €937,951 | €895,384 | -€42,568 | -4.5% |
| Stocks | 30/36 | €937,951 | €895,384 | -€42,568 | -4.5% |
| Amounts receivable within one year | 40/41 | €192,743 | €399,457 | +€206,715 | +107.2% |
| Trade receivables | 40 | €188,398 | €285,724 | +€97,326 | +51.7% |
| Other amounts receivable | 41 | €4,344 | €113,733 | +€109,389 | +2517.9% |
| Current investments | 50/53 | €800,000 | €700,000 | -€100,000 | -12.5% |
| Cash at bank and in hand | 54/58 | €297,581 | €521,163 | +€223,582 | +75.1% |
| Deferred charges and accrued income | 490/1 | €805 | €20,372 | +€19,567 | +2431.1% |
| Total equity and liabilities | 10/49 | €2,468,473 | €5,116,081 | +€2.6m | +107.3% |
| Equity | 10/15 | €252,946 | €137,574 | -€115,371 | -45.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Legal reserve | 130 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,746 | -€113,626 | -€115,371 | |
| Provisions and deferred taxes | 16 | €133,880 | €110,466 | -€23,414 | -17.5% |
| Provisions for liabilities and charges | 160/5 | €133,880 | €110,466 | -€23,414 | -17.5% |
| Other liabilities and charges | 164/5 | €133,880 | €110,466 | -€23,414 | -17.5% |
| Amounts payable | 17/49 | €2,081,648 | €4,868,041 | +€2.8m | +133.9% |
| Amounts payable after more than one year | 17 | €464,604 | €2,313,227 | +€1.8m | +397.9% |
| Financial debts | 170/4 | €464,604 | €2,313,227 | +€1.8m | +397.9% |
| Amounts payable within one year | 42/48 | €1,564,568 | €2,550,482 | +€985,914 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €21,505 | €22,332 | +€827 | +3.8% |
| Trade debts | 44 | €1,166,464 | €2,134,350 | +€967,886 | +83.0% |
| Suppliers | 440/4 | €1,166,464 | €2,134,350 | +€967,886 | +83.0% |
| Taxes, remuneration and social security | 45 | €355,600 | €393,463 | +€37,863 | +10.6% |
| Taxes | 450/3 | €36,025 | €23,460 | -€12,565 | -34.9% |
| Remuneration and social security | 454/9 | €319,575 | €370,003 | +€50,428 | +15.8% |
| Other amounts payable | 47/48 | €21,000 | €337 | -€20,663 | -98.4% |
| Accrued charges and deferred income | 492/3 | €52,476 | €4,332 | -€48,144 | -91.7% |
| Non-recurring operating income | 76A | - | €12,349 | +€12,349 | |
| Remuneration, social security and pensions | 62 | €2,556,256 | €2,449,909 | -€106,346 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,475 | €103,250 | +€68,775 | +199.5% |
| Other operating charges | 640/8 | €6,806 | €6,153 | -€653 | -9.6% |
| Non-recurring operating charges | 66A | - | €9,513 | +€9,513 | |
| Gross operating margin | 9900 | €2,692,955 | €2,498,306 | -€194,648 | -7.2% |
| Operating profit (loss) | 9901 | €95,418 | -€70,519 | -€165,937 | |
| Financial income | 75/76B | €21,944 | €14,791 | -€7,153 | -32.6% |
| Recurring financial income | 75 | €21,944 | €14,791 | -€7,153 | -32.6% |
| Financial charges | 65/66B | €82,409 | €59,478 | -€22,931 | -27.8% |
| Recurring financial charges | 65 | €82,409 | €59,478 | -€22,931 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €34,954 | -€115,206 | -€150,160 | |
| Income taxes | 67/77 | €11,008 | €165 | -€10,843 | -98.5% |
| Profit (loss) for the period | 9904 | €23,946 | -€115,371 | -€139,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,946 | -€115,371 | -€139,317 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.