LUX DEVELOPMENT & TECHNOLOGY: 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.
LUX DEVELOPMENT & TECHNOLOGY
Largest movements
- Cash -€10,804
down €10,804 (-59.1%), from €18,291 to €7,487
mainly Net result for the year (-€7,321) and Advances received (-€7,224)
- Receivables within one year +€4,413
up €4,413 (+43.7%), from €10,091 to €14,503
of which Trade receivables: +€5,216
- Tangible fixed assets -€2,829
down €2,829 (-46.2%), from €6,120 to €3,292
- Deferred charges and accrued income -€707
down €707 (-73.5%), from €961 to €254
- Accrued charges and deferred income +€9,036
new in 2025: €9,036
- Profit (loss) carried forward -€7,321
down €7,321 (-3.8%), from -€193,648 to -€200,968
- Advances received -€7,224
down €7,224 (-36.6%), from €19,747 to €12,523
- Tax, wage and social debts -€3,986
down €3,986 (-99.4%), from €4,010 to €24
- Trade debts -€851
down €851 (-36.3%), from €2,341 to €1,490
- Gross operating margin -€19,216
down €19,216, from €16,233 to -€2,983
- Other operating charges -€1,869
down €1,869 (-59.6%), from €3,138 to €1,269
- Depreciation +€463
up €463 (+19.6%), from €2,365 to €2,829
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 | €35,463 | €25,537 | -€9,927 | -28.0% |
| Fixed assets | 21/28 | €6,120 | €3,292 | -€2,829 | -46.2% |
| Tangible fixed assets | 22/27 | €6,120 | €3,292 | -€2,829 | -46.2% |
| Furniture and vehicles | 24 | €6,120 | €3,292 | -€2,829 | -46.2% |
| Current assets | 29/58 | €29,343 | €22,245 | -€7,098 | -24.2% |
| Amounts receivable within one year | 40/41 | €10,091 | €14,503 | +€4,413 | +43.7% |
| Trade receivables | 40 | €103 | €5,319 | +€5,216 | +5054.3% |
| Other amounts receivable | 41 | €9,988 | €9,184 | -€804 | -8.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €18,291 | €7,487 | -€10,804 | -59.1% |
| Deferred charges and accrued income | 490/1 | €961 | €254 | -€707 | -73.5% |
| Total equity and liabilities | 10/49 | €35,463 | €25,537 | -€9,927 | -28.0% |
| Equity | 10/15 | -€37,398 | -€44,718 | -€7,321 | -19.6% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €31,250 | €31,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,648 | -€200,968 | -€7,321 | -3.8% |
| Amounts payable | 17/49 | €72,861 | €70,255 | -€2,606 | -3.6% |
| Amounts payable after more than one year | 17 | €46,763 | €46,763 | = | 0.0% |
| Other amounts payable | 178/9 | €46,763 | €46,763 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,098 | €14,456 | -€11,642 | -44.6% |
| Trade debts | 44 | €2,341 | €1,490 | -€851 | -36.3% |
| Suppliers | 440/4 | €2,341 | €1,490 | -€851 | -36.3% |
| Advances received on contracts in progress | 46 | €19,747 | €12,523 | -€7,224 | -36.6% |
| Taxes, remuneration and social security | 45 | €4,010 | €24 | -€3,986 | -99.4% |
| Taxes | 450/3 | €4,010 | €24 | -€3,986 | -99.4% |
| Other amounts payable | 47/48 | €0 | €419 | +€419 | |
| Accrued charges and deferred income | 492/3 | - | €9,036 | +€9,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,365 | €2,829 | +€463 | +19.6% |
| Other operating charges | 640/8 | €3,138 | €1,269 | -€1,869 | -59.6% |
| Gross operating margin | 9900 | €16,233 | -€2,983 | -€19,216 | |
| Operating profit (loss) | 9901 | €10,730 | -€7,080 | -€17,810 | |
| Financial income | 75/76B | €83 | €0 | -€83 | -100.0% |
| Recurring financial income | 75 | €83 | €0 | -€83 | -100.0% |
| Financial charges | 65/66B | €175 | €240 | +€65 | +37.2% |
| Recurring financial charges | 65 | €175 | €240 | +€65 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €10,638 | -€7,321 | -€17,959 | |
| Income taxes | 67/77 | €25 | €0 | -€25 | -100.0% |
| Profit (loss) for the period | 9904 | €10,613 | -€7,321 | -€17,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,613 | -€7,321 | -€17,934 |
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 10 October 2026 via checked.be.