Lux Estate: 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 Estate
Largest movements
- Cash -€36,960
down €36,960 (-98.7%), from €37,452 to €492
mainly Other debts (-€72,000) and Tax, wage and social debts (-€758)
- Tangible fixed assets -€18,750
down €18,750 (-4.3%), from €431,250 to €412,500
- Other debts -€72,000
down €72,000 (-19.0%), from €377,960 to €305,960
- Profit (loss) carried forward +€10,617
up €10,617 (+36.5%), from €29,099 to €39,716
- Other operating charges -€2,173
down €2,173 (-35.5%), from €6,126 to €3,953
- Gross operating margin +€2,115
up €2,115 (+6.0%), from €35,355 to €37,470
- Taxes +€1,124
up €1,124 (+40.3%), from €2,788 to €3,912
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 | €475,962 | €416,622 | -€59,340 | -12.5% |
| Fixed assets | 21/28 | €431,250 | €412,500 | -€18,750 | -4.3% |
| Tangible fixed assets | 22/27 | €431,250 | €412,500 | -€18,750 | -4.3% |
| Land and buildings | 22 | €431,250 | €412,500 | -€18,750 | -4.3% |
| Current assets | 29/58 | €44,712 | €4,122 | -€40,590 | -90.8% |
| Amounts receivable within one year | 40/41 | €7,260 | €3,630 | -€3,630 | -50.0% |
| Trade receivables | 40 | €7,260 | €3,630 | -€3,630 | -50.0% |
| Cash at bank and in hand | 54/58 | €37,452 | €492 | -€36,960 | -98.7% |
| Total equity and liabilities | 10/49 | €475,962 | €416,622 | -€59,340 | -12.5% |
| Equity | 10/15 | €91,099 | €101,716 | +€10,617 | +11.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,099 | €39,716 | +€10,617 | +36.5% |
| Amounts payable | 17/49 | €384,863 | €314,906 | -€69,957 | -18.2% |
| Amounts payable within one year | 42/48 | €384,863 | €314,906 | -€69,957 | -18.2% |
| Trade debts | 44 | €387 | €3,188 | +€2,801 | +723% |
| Suppliers | 440/4 | €387 | €3,188 | +€2,801 | +723% |
| Taxes, remuneration and social security | 45 | €6,516 | €5,758 | -€758 | -11.6% |
| Taxes | 450/3 | €6,516 | €5,758 | -€758 | -11.6% |
| Other amounts payable | 47/48 | €377,960 | €305,960 | -€72,000 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,750 | €18,750 | = | 0.0% |
| Other operating charges | 640/8 | €6,126 | €3,953 | -€2,173 | -35.5% |
| Gross operating margin | 9900 | €35,355 | €37,470 | +€2,115 | +6.0% |
| Operating profit (loss) | 9901 | €10,479 | €14,767 | +€4,288 | +40.9% |
| Financial charges | 65/66B | €247 | €238 | -€9 | -3.5% |
| Recurring financial charges | 65 | €247 | €238 | -€9 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €10,232 | €14,529 | +€4,297 | +42.0% |
| Income taxes | 67/77 | €2,788 | €3,912 | +€1,124 | +40.3% |
| Profit (loss) for the period | 9904 | €7,444 | €10,617 | +€3,173 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,444 | €10,617 | +€3,173 | +42.6% |
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 29 October 2026 via checked.be.