luiz: 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.
luiz
Largest movements
- Tangible fixed assets -€10,891
down €10,891 (-4.3%), from €250,501 to €239,610
of which Land and buildings: -€10,034
- Cash -€6,827
down €6,827 (-59.1%), from €11,559 to €4,732
mainly Debts after one year (-€14,946) and Tax, wage and social debts (-€2,150)
- Debts after one year -€14,946
down €14,946 (-8.0%), from €187,593 to €172,647
- Gross operating margin -€14,919
down €14,919 (-51.4%), from €29,021 to €14,102
- Taxes -€4,636
down €4,636, from €2,318 to -€2,318
- Depreciation -€1,377
down €1,377 (-11.2%), from €12,268 to €10,891
- Staff costs -€510
no longer reported in 2025 (was €510)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,060 | €244,342 | -€17,718 | -6.8% |
| Fixed assets | 21/28 | €250,501 | €239,610 | -€10,891 | -4.3% |
| Tangible fixed assets | 22/27 | €250,501 | €239,610 | -€10,891 | -4.3% |
| Land and buildings | 22 | €248,814 | €238,780 | -€10,034 | -4.0% |
| Plant, machinery and equipment | 23 | €694 | €263 | -€431 | -62.1% |
| Furniture and vehicles | 24 | €993 | €567 | -€426 | -42.9% |
| Current assets | 29/58 | €11,559 | €4,732 | -€6,827 | -59.1% |
| Cash at bank and in hand | 54/58 | €11,559 | €4,732 | -€6,827 | -59.1% |
| Total equity and liabilities | 10/49 | €262,060 | €244,342 | -€17,718 | -6.8% |
| Equity | 10/15 | €24,016 | €22,797 | -€1,219 | -5.1% |
| Contributions | 10/11 | €7,852 | €7,852 | = | 0.0% |
| Reserves | 13 | €785 | €785 | = | 0.0% |
| Non-distributable reserves | 130/1 | €785 | €785 | = | 0.0% |
| Reserves not available under the articles | 1311 | €785 | €785 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,379 | €14,160 | -€1,219 | -7.9% |
| Amounts payable | 17/49 | €238,044 | €221,545 | -€16,499 | -6.9% |
| Amounts payable after more than one year | 17 | €187,593 | €172,647 | -€14,946 | -8.0% |
| Financial debts | 170/4 | €187,593 | €172,647 | -€14,946 | -8.0% |
| Amounts payable within one year | 42/48 | €49,707 | €48,081 | -€1,626 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €14,573 | €14,947 | +€374 | +2.6% |
| Trade debts | 44 | €290 | - | -€290 | |
| Suppliers | 440/4 | €290 | - | -€290 | |
| Taxes, remuneration and social security | 45 | €2,150 | - | -€2,150 | |
| Taxes | 450/3 | €2,150 | - | -€2,150 | |
| Other amounts payable | 47/48 | €32,694 | €33,134 | +€440 | +1.3% |
| Accrued charges and deferred income | 492/3 | €744 | €817 | +€73 | +9.8% |
| Remuneration, social security and pensions | 62 | €510 | - | -€510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,268 | €10,891 | -€1,377 | -11.2% |
| Other operating charges | 640/8 | €2,095 | €2,156 | +€61 | +2.9% |
| Gross operating margin | 9900 | €29,021 | €14,102 | -€14,919 | -51.4% |
| Operating profit (loss) | 9901 | €14,148 | €1,055 | -€13,093 | -92.5% |
| Financial charges | 65/66B | €4,878 | €4,592 | -€286 | -5.9% |
| Recurring financial charges | 65 | €4,878 | €4,592 | -€286 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €9,270 | -€3,537 | -€12,807 | |
| Income taxes | 67/77 | €2,318 | -€2,318 | -€4,636 | |
| Profit (loss) for the period | 9904 | €6,952 | -€1,219 | -€8,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,952 | -€1,219 | -€8,171 |
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 2 October 2026 via checked.be.