LUXATHERM: what changed
Two fiscal 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.
LUXATHERM
Largest movements
- Receivables within one year +€38,202
up €38,202 (+43.0%), from €88,931 to €127,133
of which Other amounts receivable: +€33,431
- Tangible fixed assets +€10,776
up €10,776 (+9.7%), from €111,509 to €122,285
of which Plant, machinery and equipment: +€15,775
- Trade debts +€44,614
up €44,614 (+1266.3%), from €3,523 to €48,137
- Debts after one year -€27,899
down €27,899 (-24.1%), from €115,769 to €87,870
- Profit (loss) carried forward +€27,177
up €27,177 (+100.3%), from €27,106 to €54,283
- Gross operating margin -€53,948
down €53,948 (-13.8%), from €390,469 to €336,521
- Taxes +€10,353
up €10,353 (+221.7%), from €4,669 to €15,022
- Other operating charges +€5,189
up €5,189 (+21.7%), from €23,914 to €29,102
- Depreciation +€4,615
up €4,615 (+21.1%), from €21,905 to €26,520
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,358 | €283,077 | +€46,719 | +19.8% |
| Fixed assets | 21/28 | €111,509 | €122,285 | +€10,776 | +9.7% |
| Tangible fixed assets | 22/27 | €111,509 | €122,285 | +€10,776 | +9.7% |
| Plant, machinery and equipment | 23 | €81,064 | €96,839 | +€15,775 | +19.5% |
| Furniture and vehicles | 24 | €30,446 | €25,446 | -€4,999 | -16.4% |
| Current assets | 29/58 | €124,849 | €160,792 | +€35,943 | +28.8% |
| Stocks and contracts in progress | 3 | €5,321 | €4,856 | -€465 | -8.7% |
| Stocks | 30/36 | €5,321 | €4,856 | -€465 | -8.7% |
| Amounts receivable within one year | 40/41 | €88,931 | €127,133 | +€38,202 | +43.0% |
| Trade receivables | 40 | €20,151 | €24,922 | +€4,771 | +23.7% |
| Other amounts receivable | 41 | €68,780 | €102,211 | +€33,431 | +48.6% |
| Cash at bank and in hand | 54/58 | €30,597 | €28,803 | -€1,794 | -5.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €236,358 | €283,077 | +€46,719 | +19.8% |
| Equity | 10/15 | €61,219 | €88,396 | +€27,177 | +44.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €15,112 | €15,112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,212 | €13,212 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,106 | €54,283 | +€27,177 | +100.3% |
| Amounts payable | 17/49 | €175,139 | €194,681 | +€19,542 | +11.2% |
| Amounts payable after more than one year | 17 | €115,769 | €87,870 | -€27,899 | -24.1% |
| Financial debts | 170/4 | €115,769 | €87,870 | -€27,899 | -24.1% |
| Amounts payable within one year | 42/48 | €59,370 | €106,811 | +€47,441 | +79.9% |
| Current portion of amounts payable after more than one year | 42 | €7,667 | €8,107 | +€440 | +5.7% |
| Financial debts | 43 | - | €313 | +€313 | |
| Credit institutions | 430/8 | - | €313 | +€313 | |
| Trade debts | 44 | €3,523 | €48,137 | +€44,614 | +1266.3% |
| Suppliers | 440/4 | €3,523 | €48,137 | +€44,614 | +1266.3% |
| Taxes, remuneration and social security | 45 | €48,179 | €50,253 | +€2,074 | +4.3% |
| Taxes | 450/3 | €18,065 | €30,183 | +€12,118 | +67.1% |
| Remuneration and social security | 454/9 | €30,114 | €20,070 | -€10,044 | -33.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €239,370 | €235,740 | -€3,629 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,905 | €26,520 | +€4,615 | +21.1% |
| Other operating charges | 640/8 | €23,914 | €29,102 | +€5,189 | +21.7% |
| Gross operating margin | 9900 | €390,469 | €336,521 | -€53,948 | -13.8% |
| Operating profit (loss) | 9901 | €105,281 | €45,158 | -€60,123 | -57.1% |
| Financial income | 75/76B | €0 | €13 | +€13 | +11500.0% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +11500.0% |
| Financial charges | 65/66B | €2,167 | €2,972 | +€805 | +37.1% |
| Recurring financial charges | 65 | €2,167 | €2,972 | +€805 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €103,114 | €42,199 | -€60,916 | -59.1% |
| Income taxes | 67/77 | €4,669 | €15,022 | +€10,353 | +221.7% |
| Profit (loss) for the period | 9904 | €98,445 | €27,177 | -€71,269 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €98,445 | €27,177 | -€71,269 | -72.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.