Lusix: 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.
Lusix
Largest movements
- Cash -€61,286
down €61,286 (-47.4%), from €129,255 to €67,969
mainly Contributions, distributions and other (-€62,657) and Other debts (-€50,317)
- Receivables within one year +€16,485
up €16,485 (+36.7%), from €44,948 to €61,433
of which Trade receivables: +€16,485
- Tangible fixed assets +€10,064
up €10,064 (+21.7%), from €46,348 to €56,412
of which Furniture and vehicles: +€13,324
- Current investments +€3,273
new in 2025: €3,273
- Other debts -€50,317
down €50,317 (-39.0%), from €128,885 to €78,568
- Profit (loss) carried forward +€19,011
up €19,011 (+30.3%), from €62,657 to €81,668
- Tax, wage and social debts -€3,942
down €3,942 (-19.9%), from €19,826 to €15,884
- Accrued charges and deferred income +€2,885
up €2,885 (+110%), from €2,619 to €5,504
- Trade debts +€2,356
up €2,356 (+91.9%), from €2,564 to €4,920
- Gross operating margin +€31,295
up €31,295 (+32.5%), from €96,405 to €127,700
- Taxes +€5,137
up €5,137 (+29.0%), from €17,723 to €22,860
- Depreciation +€3,446
up €3,446 (+40.6%), from €8,479 to €11,925
- Financial charges +€3,330
up €3,330 (+53.1%), from €6,273 to €9,603
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 | €220,551 | €190,543 | -€30,008 | -13.6% |
| Fixed assets | 21/28 | €46,348 | €56,412 | +€10,064 | +21.7% |
| Tangible fixed assets | 22/27 | €46,348 | €56,412 | +€10,064 | +21.7% |
| Plant, machinery and equipment | 23 | €19,102 | €15,499 | -€3,604 | -18.9% |
| Furniture and vehicles | 24 | €13,460 | €26,784 | +€13,324 | +99.0% |
| Other tangible fixed assets | 26 | €13,785 | €14,129 | +€344 | +2.5% |
| Current assets | 29/58 | €174,204 | €134,131 | -€40,072 | -23.0% |
| Amounts receivable within one year | 40/41 | €44,948 | €61,433 | +€16,485 | +36.7% |
| Trade receivables | 40 | €42,553 | €59,038 | +€16,485 | +38.7% |
| Other amounts receivable | 41 | €2,395 | €2,395 | = | 0.0% |
| Current investments | 50/53 | - | €3,273 | +€3,273 | |
| Cash at bank and in hand | 54/58 | €129,255 | €67,969 | -€61,286 | -47.4% |
| Deferred charges and accrued income | 490/1 | - | €1,456 | +€1,456 | |
| Total equity and liabilities | 10/49 | €220,551 | €190,543 | -€30,008 | -13.6% |
| Equity | 10/15 | €66,657 | €85,668 | +€19,011 | +28.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,657 | €81,668 | +€19,011 | +30.3% |
| Amounts payable | 17/49 | €153,894 | €104,875 | -€49,019 | -31.9% |
| Amounts payable within one year | 42/48 | €151,276 | €99,372 | -€51,904 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,564 | €4,920 | +€2,356 | +91.9% |
| Suppliers | 440/4 | €2,564 | €4,920 | +€2,356 | +91.9% |
| Taxes, remuneration and social security | 45 | €19,826 | €15,884 | -€3,942 | -19.9% |
| Taxes | 450/3 | €19,826 | €15,884 | -€3,942 | -19.9% |
| Other amounts payable | 47/48 | €128,885 | €78,568 | -€50,317 | -39.0% |
| Accrued charges and deferred income | 492/3 | €2,619 | €5,504 | +€2,885 | +110% |
| Non-recurring operating income | 76A | €7,810 | €0 | -€7,810 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,479 | €11,925 | +€3,446 | +40.6% |
| Other operating charges | 640/8 | €1,301 | €1,734 | +€433 | +33.3% |
| Gross operating margin | 9900 | €96,405 | €127,700 | +€31,295 | +32.5% |
| Operating profit (loss) | 9901 | €86,625 | €114,041 | +€27,416 | +31.6% |
| Financial income | 75/76B | €28 | €90 | +€62 | +225% |
| Recurring financial income | 75 | €28 | €90 | +€62 | +225% |
| Financial charges | 65/66B | €6,273 | €9,603 | +€3,330 | +53.1% |
| Recurring financial charges | 65 | €6,273 | €9,603 | +€3,330 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €80,380 | €104,528 | +€24,147 | +30.0% |
| Income taxes | 67/77 | €17,723 | €22,860 | +€5,137 | +29.0% |
| Profit (loss) for the period | 9904 | €62,657 | €81,668 | +€19,011 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,657 | €81,668 | +€19,011 | +30.3% |
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 18 October 2026 via checked.be.