LUX-TER: 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-TER
Largest movements
- Tangible fixed assets -€40,616
down €40,616 (-7.1%), from €575,330 to €534,714
of which Land and buildings: -€33,530
- Stocks and contracts +€17,350
up €17,350 (+9.7%), from €178,100 to €195,450
- Receivables within one year +€12,360
up €12,360 (+21.6%), from €57,152 to €69,512
of which Trade receivables: +€9,274
- Trade debts +€85,307
up €85,307 (+224%), from €38,093 to €123,401
- Profit (loss) carried forward -€78,598
down €78,598 (-300%), from -€26,230 to -€104,828
- Debts after one year -€36,724
down €36,724 (-6.8%), from €541,001 to €504,278
- Other debts +€26,234
up €26,234 (+14.1%), from €186,707 to €212,941
- Gross operating margin -€56,291
down €56,291, from €50,867 to -€5,424
- Taxes -€2,984
down €2,984 (-91.5%), from €3,259 to €276
- Depreciation +€1,463
up €1,463 (+3.7%), from €39,153 to €40,616
- Financial charges +€916
up €916 (+3.1%), from €29,961 to €30,877
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 | €810,582 | €799,676 | -€10,906 | -1.3% |
| Fixed assets | 21/28 | €575,330 | €534,714 | -€40,616 | -7.1% |
| Tangible fixed assets | 22/27 | €575,330 | €534,714 | -€40,616 | -7.1% |
| Land and buildings | 22 | €546,070 | €512,540 | -€33,530 | -6.1% |
| Plant, machinery and equipment | 23 | €2,592 | €1,788 | -€805 | -31.0% |
| Other tangible fixed assets | 26 | €26,668 | €20,386 | -€6,281 | -23.6% |
| Current assets | 29/58 | €235,252 | €264,962 | +€29,710 | +12.6% |
| Stocks and contracts in progress | 3 | €178,100 | €195,450 | +€17,350 | +9.7% |
| Stocks | 30/36 | €178,100 | €195,450 | +€17,350 | +9.7% |
| Amounts receivable within one year | 40/41 | €57,152 | €69,512 | +€12,360 | +21.6% |
| Trade receivables | 40 | €57,152 | €66,426 | +€9,274 | +16.2% |
| Other amounts receivable | 41 | €0 | €3,087 | +€3,087 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €810,582 | €799,676 | -€10,906 | -1.3% |
| Equity | 10/15 | -€21,230 | -€99,828 | -€78,598 | -370% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,230 | -€104,828 | -€78,598 | -300% |
| Amounts payable | 17/49 | €831,812 | €899,504 | +€67,692 | +8.1% |
| Amounts payable after more than one year | 17 | €541,001 | €504,278 | -€36,724 | -6.8% |
| Financial debts | 170/4 | €541,001 | €504,278 | -€36,724 | -6.8% |
| Amounts payable within one year | 42/48 | €290,811 | €395,227 | +€104,416 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €34,865 | €36,724 | +€1,858 | +5.3% |
| Financial debts | 43 | €24,426 | €21,434 | -€2,992 | -12.3% |
| Credit institutions | 430/8 | €24,426 | €21,434 | -€2,992 | -12.3% |
| Trade debts | 44 | €38,093 | €123,401 | +€85,307 | +224% |
| Suppliers | 440/4 | €38,093 | €123,401 | +€85,307 | +224% |
| Advances received on contracts in progress | 46 | €4,228 | €0 | -€4,228 | -100% |
| Taxes, remuneration and social security | 45 | €2,492 | €728 | -€1,763 | -70.8% |
| Taxes | 450/3 | €2,492 | €728 | -€1,763 | -70.8% |
| Other amounts payable | 47/48 | €186,707 | €212,941 | +€26,234 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,153 | €40,616 | +€1,463 | +3.7% |
| Other operating charges | 640/8 | €2,065 | €1,564 | -€501 | -24.3% |
| Gross operating margin | 9900 | €50,867 | -€5,424 | -€56,291 | |
| Operating profit (loss) | 9901 | €9,648 | -€47,604 | -€57,252 | |
| Financial income | 75/76B | €73 | €159 | +€85 | +116% |
| Recurring financial income | 75 | €73 | €159 | +€85 | +116% |
| Financial charges | 65/66B | €29,961 | €30,877 | +€916 | +3.1% |
| Recurring financial charges | 65 | €29,961 | €30,877 | +€916 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,240 | -€78,322 | -€58,083 | -287% |
| Income taxes | 67/77 | €3,259 | €276 | -€2,984 | -91.5% |
| Profit (loss) for the period | 9904 | -€23,499 | -€78,598 | -€55,099 | -234% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,499 | -€78,598 | -€55,099 | -234% |
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 21 October 2026 via checked.be.