Lux Pharorum: 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 Pharorum
Largest movements
- Cash +€25,995
up €25,995 (+347%), from €7,500 to €33,495
mainly Tax, wage and social debts (+€12,130) and Net result for the year (+€11,578)
- Receivables within one year -€9,835
down €9,835 (-86.5%), from €11,373 to €1,539
of which Trade receivables: -€9,553
- Tangible fixed assets +€2,115
new in 2025: €2,115
- Deferred charges and accrued income +€2,110
new in 2025: €2,110
- Tax, wage and social debts +€12,130
up €12,130 (+398%), from €3,045 to €15,175
- Profit (loss) carried forward +€11,578
up €11,578 (+315%), from €3,677 to €15,256
- Trade debts -€4,118
down €4,118 (-88.5%), from €4,651 to €533
- Other debts +€795
new in 2025: €795
- Gross operating margin +€14,212
up €14,212 (+293%), from €4,847 to €19,060
- Taxes +€3,862
up €3,862 (+345%), from €1,120 to €4,982
- Financial charges +€1,755
new in 2025: €1,755
- Depreciation +€644
new in 2025: €644
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 | €18,873 | €39,259 | +€20,386 | +108% |
| Fixed assets | 21/28 | - | €2,115 | +€2,115 | |
| Tangible fixed assets | 22/27 | - | €2,115 | +€2,115 | |
| Furniture and vehicles | 24 | - | €2,115 | +€2,115 | |
| Current assets | 29/58 | €18,873 | €37,144 | +€18,270 | +96.8% |
| Amounts receivable within one year | 40/41 | €11,373 | €1,539 | -€9,835 | -86.5% |
| Trade receivables | 40 | €11,091 | €1,539 | -€9,553 | -86.1% |
| Other amounts receivable | 41 | €282 | €0 | -€282 | -100% |
| Cash at bank and in hand | 54/58 | €7,500 | €33,495 | +€25,995 | +347% |
| Deferred charges and accrued income | 490/1 | - | €2,110 | +€2,110 | |
| Total equity and liabilities | 10/49 | €18,873 | €39,259 | +€20,386 | +108% |
| Equity | 10/15 | €11,177 | €22,756 | +€11,578 | +104% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,677 | €15,256 | +€11,578 | +315% |
| Amounts payable | 17/49 | €7,696 | €16,503 | +€8,808 | +114% |
| Amounts payable within one year | 42/48 | €7,696 | €16,503 | +€8,808 | +114% |
| Trade debts | 44 | €4,651 | €533 | -€4,118 | -88.5% |
| Suppliers | 440/4 | €4,651 | €533 | -€4,118 | -88.5% |
| Taxes, remuneration and social security | 45 | €3,045 | €15,175 | +€12,130 | +398% |
| Taxes | 450/3 | €3,045 | €15,175 | +€12,130 | +398% |
| Other amounts payable | 47/48 | - | €795 | +€795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €644 | +€644 | |
| Other operating charges | 640/8 | €50 | €154 | +€104 | +208% |
| Gross operating margin | 9900 | €4,847 | €19,060 | +€14,212 | +293% |
| Operating profit (loss) | 9901 | €4,797 | €18,262 | +€13,465 | +281% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | - | €1,755 | +€1,755 | |
| Recurring financial charges | 65 | - | €1,755 | +€1,755 | |
| Profit (loss) for the period before taxes | 9903 | €4,797 | €16,561 | +€11,763 | +245% |
| Income taxes | 67/77 | €1,120 | €4,982 | +€3,862 | +345% |
| Profit (loss) for the period | 9904 | €3,677 | €11,578 | +€7,901 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €3,677 | €11,578 | +€7,901 | +215% |
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 16 October 2026 via checked.be.