LUXAR PROJECTS & CONSTRUCTION MATERIALS: 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.
LUXAR PROJECTS & CONSTRUCTION MATERIALS
Largest movements
- Cash +€133,750
up €133,750 (+599%), from €22,345 to €156,095
mainly Short-term financial debts (+€127,076) and Other debts (+€66,235)
- Stocks and contracts -€54,862
down €54,862 (-16.0%), from €342,103 to €287,241
- Receivables within one year +€18,305
up €18,305 (+229%), from €8,001 to €26,307
of which Other amounts receivable: +€16,704
- Tangible fixed assets +€5,162
new in 2025: €5,162
- Short-term financial debts +€127,076
up €127,076 (+400%), from €31,800 to €158,876
- Trade debts -€112,535
no longer reported in 2025 (was €112,535)
- Other debts +€66,235
up €66,235 (+48.8%), from €135,659 to €201,894
- Debts after one year -€63,168
down €63,168 (-94.3%), from €67,000 to €3,832
of which Other amounts payable: -€67,000
- Tax, wage and social debts +€57,795
up €57,795 (+1,176%), from €4,916 to €62,711
- Gross operating margin -€11,108
down €11,108 (-18.3%), from €60,602 to €49,494
- Taxes +€5,221
up €5,221 (+106%), from €4,916 to €10,137
- Financial charges -€2,639
down €2,639 (-13.3%), from €19,781 to €17,142
- Financial income +€769
up €769 (+648%), from €119 to €888
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 | €372,649 | €475,004 | +€102,355 | +27.5% |
| Fixed assets | 21/28 | €200 | €5,362 | +€5,162 | +2,581% |
| Tangible fixed assets | 22/27 | - | €5,162 | +€5,162 | |
| Furniture and vehicles | 24 | - | €5,162 | +€5,162 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €372,449 | €469,643 | +€97,193 | +26.1% |
| Stocks and contracts in progress | 3 | €342,103 | €287,241 | -€54,862 | -16.0% |
| Stocks | 30/36 | €342,103 | €287,241 | -€54,862 | -16.0% |
| Amounts receivable within one year | 40/41 | €8,001 | €26,307 | +€18,305 | +229% |
| Trade receivables | 40 | €5,324 | €6,925 | +€1,601 | +30.1% |
| Other amounts receivable | 41 | €2,677 | €19,382 | +€16,704 | +624% |
| Cash at bank and in hand | 54/58 | €22,345 | €156,095 | +€133,750 | +599% |
| Total equity and liabilities | 10/49 | €372,649 | €475,004 | +€102,355 | +27.5% |
| Equity | 10/15 | €20,740 | €42,735 | +€21,995 | +106% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,740 | €32,735 | +€21,995 | +205% |
| Distributable reserves | 133 | €10,740 | €32,735 | +€21,995 | +205% |
| Amounts payable | 17/49 | €351,910 | €432,269 | +€80,360 | +22.8% |
| Amounts payable after more than one year | 17 | €67,000 | €3,832 | -€63,168 | -94.3% |
| Financial debts | 170/4 | - | €3,832 | +€3,832 | |
| Other amounts payable | 178/9 | €67,000 | - | -€67,000 | |
| Amounts payable within one year | 42/48 | €284,910 | €428,437 | +€143,528 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,956 | +€4,956 | |
| Financial debts | 43 | €31,800 | €158,876 | +€127,076 | +400% |
| Credit institutions | 430/8 | €31,800 | €158,876 | +€127,076 | +400% |
| Trade debts | 44 | €112,535 | - | -€112,535 | |
| Suppliers | 440/4 | €112,535 | - | -€112,535 | |
| Taxes, remuneration and social security | 45 | €4,916 | €62,711 | +€57,795 | +1,176% |
| Taxes | 450/3 | €4,916 | €62,711 | +€57,795 | +1,176% |
| Other amounts payable | 47/48 | €135,659 | €201,894 | +€66,235 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €457 | +€457 | |
| Other operating charges | 640/8 | €449 | €651 | +€202 | +44.9% |
| Gross operating margin | 9900 | €60,602 | €49,494 | -€11,108 | -18.3% |
| Operating profit (loss) | 9901 | €60,152 | €48,386 | -€11,766 | -19.6% |
| Financial income | 75/76B | €119 | €888 | +€769 | +648% |
| Recurring financial income | 75 | €119 | €888 | +€769 | +648% |
| Financial charges | 65/66B | €19,781 | €17,142 | -€2,639 | -13.3% |
| Recurring financial charges | 65 | €19,781 | €17,142 | -€2,639 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €40,490 | €32,132 | -€8,358 | -20.6% |
| Income taxes | 67/77 | €4,916 | €10,137 | +€5,221 | +106% |
| Profit (loss) for the period | 9904 | €35,574 | €21,995 | -€13,579 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,574 | €21,995 | -€13,579 | -38.2% |
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 13 October 2026 via checked.be.