luX: 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.
luX
Largest movements
- Receivables within one year -€17,103
down €17,103 (-39.5%), from €43,325 to €26,221
of which Trade receivables: -€36,444
- Tangible fixed assets -€825
no longer reported in 2025 (was €825)
of which Plant, machinery and equipment: -€670
- Profit (loss) carried forward -€8,950
down €8,950, from €884 to -€8,066
- Short-term financial debts -€5,614
down €5,614 (-37.8%), from €14,843 to €9,228
- Trade debts -€2,948
down €2,948 (-71.9%), from €4,099 to €1,150
- Tax, wage and social debts -€500
no longer reported in 2025 (was €500)
- Gross operating margin -€16,948
down €16,948, from €15,174 to -€1,773
- Other operating charges +€4,010
up €4,010 (+712.5%), from €563 to €4,573
- Depreciation -€1,796
down €1,796 (-68.5%), from €2,621 to €825
- Financial charges +€495
up €495 (+40.3%), from €1,227 to €1,722
- Taxes -€443
down €443 (-88.6%), from €500 to €57
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 | €44,699 | €27,040 | -€17,659 | -39.5% |
| Fixed assets | 21/28 | €825 | - | -€825 | |
| Tangible fixed assets | 22/27 | €825 | - | -€825 | |
| Plant, machinery and equipment | 23 | €670 | - | -€670 | |
| Furniture and vehicles | 24 | €155 | - | -€155 | |
| Current assets | 29/58 | €43,874 | €27,040 | -€16,834 | -38.4% |
| Amounts receivable within one year | 40/41 | €43,325 | €26,221 | -€17,103 | -39.5% |
| Trade receivables | 40 | €40,637 | €4,193 | -€36,444 | -89.7% |
| Other amounts receivable | 41 | €2,688 | €22,028 | +€19,341 | +719.6% |
| Cash at bank and in hand | 54/58 | €549 | €549 | -€0 | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €44,699 | €27,040 | -€17,659 | -39.5% |
| Equity | 10/15 | €7,084 | -€1,866 | -€8,950 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €884 | -€8,066 | -€8,950 | |
| Amounts payable | 17/49 | €37,615 | €28,906 | -€8,709 | -23.2% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,365 | €11,302 | -€9,063 | -44.5% |
| Financial debts | 43 | €14,843 | €9,228 | -€5,614 | -37.8% |
| Credit institutions | 430/8 | €14,843 | €9,228 | -€5,614 | -37.8% |
| Trade debts | 44 | €4,099 | €1,150 | -€2,948 | -71.9% |
| Suppliers | 440/4 | €4,099 | €1,150 | -€2,948 | -71.9% |
| Taxes, remuneration and social security | 45 | €500 | - | -€500 | |
| Taxes | 450/3 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €923 | €923 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,250 | €2,604 | +€354 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,621 | €825 | -€1,796 | -68.5% |
| Other operating charges | 640/8 | €563 | €4,573 | +€4,010 | +712.5% |
| Gross operating margin | 9900 | €15,174 | -€1,773 | -€16,948 | |
| Operating profit (loss) | 9901 | €11,991 | -€7,171 | -€19,162 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,227 | €1,722 | +€495 | +40.3% |
| Recurring financial charges | 65 | €1,227 | €1,722 | +€495 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €10,763 | -€8,893 | -€19,656 | |
| Income taxes | 67/77 | €500 | €57 | -€443 | -88.6% |
| Profit (loss) for the period | 9904 | €10,263 | -€8,950 | -€19,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,263 | -€8,950 | -€19,213 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.