luxeau: 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.
luxeau
Largest movements
- Receivables within one year +€58,269
up €58,269 (+480%), from €12,134 to €70,403
of which Other amounts receivable: +€62,160
- Stocks and contracts -€15,354
no longer reported in 2025 (was €15,354)
- Tangible fixed assets -€12,996
down €12,996 (-39.3%), from €33,068 to €20,073
of which Other tangible fixed assets: -€10,877
- Cash +€3,529
up €3,529 (+47.1%), from €7,496 to €11,025
mainly Other debts (+€87,000) and Stocks and contracts (+€15,354)
- Deferred charges and accrued income -€1,384
down €1,384 (-52.2%), from €2,650 to €1,266
- Other debts +€87,000
up €87,000 (+1,740%), from €5,000 to €92,000
- Profit (loss) carried forward -€22,438
down €22,438 (-11.1%), from -€201,996 to -€224,434
- Debts after one year -€18,024
down €18,024 (-10.2%), from €176,024 to €158,000
- Trade debts -€17,179
down €17,179 (-29.0%), from €59,203 to €42,024
- Tax, wage and social debts +€2,706
up €2,706 (+21.5%), from €12,611 to €15,316
of which Remuneration and social security: +€2,048
- Staff costs -€15,913
down €15,913 (-27.3%), from €58,395 to €42,482
- Gross operating margin -€15,253
down €15,253 (-30.4%), from €50,156 to €34,903
- Depreciation -€1,893
down €1,893 (-12.7%), from €14,889 to €12,996
- Other operating charges -€1,784
down €1,784 (-54.2%), from €3,291 to €1,507
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 | €71,302 | €103,367 | +€32,065 | +45.0% |
| Fixed assets | 21/28 | €33,668 | €20,673 | -€12,996 | -38.6% |
| Tangible fixed assets | 22/27 | €33,068 | €20,073 | -€12,996 | -39.3% |
| Land and buildings | 22 | €631 | €493 | -€138 | -21.9% |
| Plant, machinery and equipment | 23 | €6,347 | €4,589 | -€1,758 | -27.7% |
| Furniture and vehicles | 24 | €223 | - | -€223 | |
| Other tangible fixed assets | 26 | €25,868 | €14,991 | -€10,877 | -42.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €37,634 | €82,694 | +€45,060 | +120% |
| Stocks and contracts in progress | 3 | €15,354 | - | -€15,354 | |
| Stocks | 30/36 | €15,354 | - | -€15,354 | |
| Amounts receivable within one year | 40/41 | €12,134 | €70,403 | +€58,269 | +480% |
| Trade receivables | 40 | €12,134 | €8,243 | -€3,891 | -32.1% |
| Other amounts receivable | 41 | - | €62,160 | +€62,160 | |
| Cash at bank and in hand | 54/58 | €7,496 | €11,025 | +€3,529 | +47.1% |
| Deferred charges and accrued income | 490/1 | €2,650 | €1,266 | -€1,384 | -52.2% |
| Total equity and liabilities | 10/49 | €71,302 | €103,367 | +€32,065 | +45.0% |
| Equity | 10/15 | -€181,536 | -€203,974 | -€22,438 | -12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,996 | -€224,434 | -€22,438 | -11.1% |
| Amounts payable | 17/49 | €252,838 | €307,341 | +€54,503 | +21.6% |
| Amounts payable after more than one year | 17 | €176,024 | €158,000 | -€18,024 | -10.2% |
| Financial debts | 170/4 | €176,024 | €158,000 | -€18,024 | -10.2% |
| Amounts payable within one year | 42/48 | €76,813 | €149,340 | +€72,527 | +94.4% |
| Trade debts | 44 | €59,203 | €42,024 | -€17,179 | -29.0% |
| Suppliers | 440/4 | €59,203 | €42,024 | -€17,179 | -29.0% |
| Taxes, remuneration and social security | 45 | €12,611 | €15,316 | +€2,706 | +21.5% |
| Taxes | 450/3 | €5,940 | €6,598 | +€658 | +11.1% |
| Remuneration and social security | 454/9 | €6,670 | €8,718 | +€2,048 | +30.7% |
| Other amounts payable | 47/48 | €5,000 | €92,000 | +€87,000 | +1,740% |
| Non-recurring operating income | 76A | - | €24,669 | +€24,669 | |
| Remuneration, social security and pensions | 62 | €58,395 | €42,482 | -€15,913 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,889 | €12,996 | -€1,893 | -12.7% |
| Other operating charges | 640/8 | €3,291 | €1,507 | -€1,784 | -54.2% |
| Gross operating margin | 9900 | €50,156 | €34,903 | -€15,253 | -30.4% |
| Operating profit (loss) | 9901 | -€26,420 | -€22,082 | +€4,338 | +16.4% |
| Financial income | 75/76B | €279 | €24 | -€255 | -91.5% |
| Recurring financial income | 75 | €279 | €24 | -€255 | -91.5% |
| Financial charges | 65/66B | €392 | €380 | -€12 | -3.1% |
| Recurring financial charges | 65 | €392 | €380 | -€12 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,534 | -€22,438 | +€4,095 | +15.4% |
| Profit (loss) for the period | 9904 | -€26,534 | -€22,438 | +€4,095 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,534 | -€22,438 | +€4,095 | +15.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.