LUXAS: 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.
LUXAS
Largest movements
- Receivables within one year +€180,907
up €180,907 (+239%), from €75,701 to €256,608
of which Other amounts receivable: +€180,900
- Cash +€52,096
up €52,096 (+71.5%), from €72,865 to €124,961
mainly Net result for the year (+€119,926) and Tax, wage and social debts (+€50,205)
- Deferred charges and accrued income +€5,183
up €5,183 (+144%), from €3,602 to €8,786
- Reserves +€119,926
up €119,926 (+96.7%), from €124,079 to €244,005
- Tax, wage and social debts +€50,205
up €50,205 (+137%), from €36,737 to €86,942
of which Remuneration and social security: +€30,339
- Trade debts +€37,456
up €37,456 (+167%), from €22,387 to €59,843
- Current portion of long-term debt +€28,591
new in 2025: €28,591
- Other debts -€7,054
down €7,054 (-100%), from €7,054 to €0
- Staff costs -€63,459
down €63,459 (-25.1%), from €253,292 to €189,832
- Taxes +€19,421
up €19,421 (+67.9%), from €28,591 to €48,012
- Other operating charges -€17,921
down €17,921 (-96.6%), from €18,548 to €627
- Gross operating margin -€9,746
down €9,746 (-2.6%), from €369,117 to €359,371
- Financial income +€4,572
up €4,572 (+357,201%), from €1 to €4,573
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 | €208,857 | €444,712 | +€235,855 | +113% |
| Fixed assets | 21/28 | €6,688 | €4,357 | -€2,330 | -34.8% |
| Tangible fixed assets | 22/27 | €6,370 | €4,039 | -€2,330 | -36.6% |
| Plant, machinery and equipment | 23 | €774 | €400 | -€374 | -48.3% |
| Furniture and vehicles | 24 | €5,596 | €3,639 | -€1,957 | -35.0% |
| Financial fixed assets | 28 | €318 | €318 | = | 0.0% |
| Current assets | 29/58 | €202,169 | €440,355 | +€238,186 | +118% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,701 | €256,608 | +€180,907 | +239% |
| Trade receivables | 40 | €42,079 | €42,085 | +€6 | 0.0% |
| Other amounts receivable | 41 | €33,622 | €214,523 | +€180,900 | +538% |
| Cash at bank and in hand | 54/58 | €72,865 | €124,961 | +€52,096 | +71.5% |
| Deferred charges and accrued income | 490/1 | €3,602 | €8,786 | +€5,183 | +144% |
| Total equity and liabilities | 10/49 | €208,857 | €444,712 | +€235,855 | +113% |
| Equity | 10/15 | €142,679 | €262,605 | +€119,926 | +84.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,079 | €244,005 | +€119,926 | +96.7% |
| Distributable reserves | 133 | €124,079 | €244,005 | +€119,926 | +96.7% |
| Amounts payable | 17/49 | €66,178 | €182,107 | +€115,929 | +175% |
| Amounts payable within one year | 42/48 | €66,178 | €182,107 | +€115,929 | +175% |
| Current portion of amounts payable after more than one year | 42 | - | €28,591 | +€28,591 | |
| Financial debts | 43 | - | €6,731 | +€6,731 | |
| Credit institutions | 430/8 | - | €6,731 | +€6,731 | |
| Trade debts | 44 | €22,387 | €59,843 | +€37,456 | +167% |
| Suppliers | 440/4 | €22,387 | €59,843 | +€37,456 | +167% |
| Taxes, remuneration and social security | 45 | €36,737 | €86,942 | +€50,205 | +137% |
| Taxes | 450/3 | €36,737 | €56,603 | +€19,866 | +54.1% |
| Remuneration and social security | 454/9 | - | €30,339 | +€30,339 | |
| Other amounts payable | 47/48 | €7,054 | €0 | -€7,054 | -100% |
| Remuneration, social security and pensions | 62 | €253,292 | €189,832 | -€63,459 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,215 | €2,330 | +€115 | +5.2% |
| Other operating charges | 640/8 | €18,548 | €627 | -€17,921 | -96.6% |
| Gross operating margin | 9900 | €369,117 | €359,371 | -€9,746 | -2.6% |
| Operating profit (loss) | 9901 | €95,062 | €166,581 | +€71,519 | +75.2% |
| Financial income | 75/76B | €1 | €4,573 | +€4,572 | +357,201% |
| Recurring financial income | 75 | €1 | €4,573 | +€4,572 | +357,201% |
| Financial charges | 65/66B | €329 | €3,217 | +€2,888 | +877% |
| Recurring financial charges | 65 | €329 | €3,217 | +€2,888 | +877% |
| Profit (loss) for the period before taxes | 9903 | €94,734 | €167,938 | +€73,204 | +77.3% |
| Income taxes | 67/77 | €28,591 | €48,012 | +€19,421 | +67.9% |
| Profit (loss) for the period | 9904 | €66,143 | €119,926 | +€53,783 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,143 | €119,926 | +€53,783 | +81.3% |
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 15 October 2026 via checked.be.