LUXEUR: 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.
LUXEUR
Largest movements
- Cash -€151,377
down €151,377 (-46.6%), from €325,116 to €173,739
mainly Contributions, distributions and other (-€248,800) and Trade debts (-€2,002)
- Tangible fixed assets -€27,781
down €27,781 (-32.7%), from €84,904 to €57,123
of which Furniture and vehicles: -€22,707
- Receivables within one year -€11,906
down €11,906 (-83.4%), from €14,274 to €2,368
of which Trade receivables: -€10,029
- Reserves -€248,800
down €248,800 (-48.3%), from €515,400 to €266,600
- Profit (loss) carried forward +€61,185
up €61,185 (+52.8%), from -€115,903 to -€54,718
- Gross operating margin +€139,740
up €139,740, from -€62,026 to €77,714
- Financial income -€33,314
down €33,314 (-54.0%), from €61,694 to €28,381
- Financial charges +€12,160
up €12,160 (+1,008%), from €1,206 to €13,366
- Other operating charges -€1,703
down €1,703 (-50.1%), from €3,397 to €1,694
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 | €425,169 | €234,181 | -€190,988 | -44.9% |
| Fixed assets | 21/28 | €84,954 | €57,173 | -€27,781 | -32.7% |
| Tangible fixed assets | 22/27 | €84,904 | €57,123 | -€27,781 | -32.7% |
| Plant, machinery and equipment | 23 | €13,057 | €7,982 | -€5,074 | -38.9% |
| Furniture and vehicles | 24 | €71,848 | €49,141 | -€22,707 | -31.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €340,215 | €177,008 | -€163,207 | -48.0% |
| Amounts receivable within one year | 40/41 | €14,274 | €2,368 | -€11,906 | -83.4% |
| Trade receivables | 40 | €10,029 | - | -€10,029 | |
| Other amounts receivable | 41 | €4,245 | €2,368 | -€1,877 | -44.2% |
| Cash at bank and in hand | 54/58 | €325,116 | €173,739 | -€151,377 | -46.6% |
| Deferred charges and accrued income | 490/1 | €825 | €901 | +€76 | +9.2% |
| Total equity and liabilities | 10/49 | €425,169 | €234,181 | -€190,988 | -44.9% |
| Equity | 10/15 | €418,097 | €230,482 | -€187,615 | -44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €515,400 | €266,600 | -€248,800 | -48.3% |
| Distributable reserves | 133 | €515,400 | €266,600 | -€248,800 | -48.3% |
| Profit (loss) carried forward | 14 | -€115,903 | -€54,718 | +€61,185 | +52.8% |
| Amounts payable | 17/49 | €7,072 | €3,699 | -€3,373 | -47.7% |
| Amounts payable within one year | 42/48 | €7,072 | €3,699 | -€3,373 | -47.7% |
| Trade debts | 44 | €3,297 | €1,295 | -€2,002 | -60.7% |
| Suppliers | 440/4 | €3,297 | €1,295 | -€2,002 | -60.7% |
| Taxes, remuneration and social security | 45 | €3,775 | €2,404 | -€1,372 | -36.3% |
| Taxes | 450/3 | €800 | €2,404 | +€1,604 | +200% |
| Remuneration and social security | 454/9 | €2,975 | - | -€2,975 | |
| Non-recurring operating income | 76A | €79 | - | -€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,600 | €26,235 | -€365 | -1.4% |
| Other operating charges | 640/8 | €3,397 | €1,694 | -€1,703 | -50.1% |
| Non-recurring operating charges | 66A | €1,848 | €3,696 | +€1,848 | +100.0% |
| Gross operating margin | 9900 | -€62,026 | €77,714 | +€139,740 | |
| Operating profit (loss) | 9901 | -€93,872 | €46,089 | +€139,960 | |
| Financial income | 75/76B | €61,694 | €28,381 | -€33,314 | -54.0% |
| Recurring financial income | 75 | €61,694 | €28,381 | -€33,314 | -54.0% |
| Financial charges | 65/66B | €1,206 | €13,366 | +€12,160 | +1,008% |
| Recurring financial charges | 65 | €1,206 | €13,366 | +€12,160 | +1,008% |
| Profit (loss) for the period before taxes | 9903 | -€33,384 | €61,103 | +€94,487 | |
| Income taxes | 67/77 | €470 | -€82 | -€553 | |
| Profit (loss) for the period | 9904 | -€33,854 | €61,185 | +€95,039 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,854 | €61,185 | +€95,039 |
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 23 October 2026 via checked.be.