Luxfit: 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.
Luxfit
Largest movements
- Tangible fixed assets +€6,360
up €6,360 (+6.7%), from €95,386 to €101,747
of which Other tangible fixed assets: +€18,793
- Cash +€3,303
new in 2025: €3,303
mainly Debts after one year (+€33,568) and Depreciation (+€22,370)
- Receivables within one year -€3,106
down €3,106 (-48.8%), from €6,367 to €3,260
of which Trade receivables: -€3,971
- Stocks and contracts +€1,361
up €1,361 (+311.5%), from €437 to €1,798
- Intangible fixed assets -€1,223
down €1,223 (-41.0%), from €2,982 to €1,759
- Short-term financial debts -€34,834
down €34,834 (-100.0%), from €34,834 to €0
- Debts after one year +€33,568
up €33,568 (+44.5%), from €75,402 to €108,970
- Current portion of long-term debt +€16,569
new in 2025: €16,569
- Profit (loss) carried forward -€11,796
down €11,796 (-10.7%), from -€109,734 to -€121,531
- Other debts +€2,942
up €2,942 (+4.0%), from €73,049 to €75,992
- Gross operating margin +€104,324
up €104,324, from -€87,251 to €17,074
- Depreciation +€12,256
up €12,256 (+121.2%), from €10,114 to €22,370
- Financial charges -€3,590
down €3,590 (-36.6%), from €9,808 to €6,218
- Other operating charges -€2,001
down €2,001 (-78.1%), from €2,562 to €561
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.
Cash bridge derived
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 | €105,724 | €112,650 | +€6,926 | +6.6% |
| Fixed assets | 21/28 | €98,368 | €103,506 | +€5,138 | +5.2% |
| Intangible fixed assets | 21 | €2,982 | €1,759 | -€1,223 | -41.0% |
| Tangible fixed assets | 22/27 | €95,386 | €101,747 | +€6,360 | +6.7% |
| Plant, machinery and equipment | 23 | €57,836 | €45,807 | -€12,029 | -20.8% |
| Furniture and vehicles | 24 | €1,672 | €1,269 | -€404 | -24.1% |
| Other tangible fixed assets | 26 | €35,879 | €54,671 | +€18,793 | +52.4% |
| Current assets | 29/58 | €7,356 | €9,144 | +€1,789 | +24.3% |
| Stocks and contracts in progress | 3 | €437 | €1,798 | +€1,361 | +311.5% |
| Stocks | 30/36 | €437 | €1,798 | +€1,361 | +311.5% |
| Amounts receivable within one year | 40/41 | €6,367 | €3,260 | -€3,106 | -48.8% |
| Trade receivables | 40 | €6,367 | €2,395 | -€3,971 | -62.4% |
| Other amounts receivable | 41 | - | €865 | +€865 | |
| Cash at bank and in hand | 54/58 | - | €3,303 | +€3,303 | |
| Deferred charges and accrued income | 490/1 | €552 | €783 | +€231 | +41.8% |
| Total equity and liabilities | 10/49 | €105,724 | €112,650 | +€6,926 | +6.6% |
| Equity | 10/15 | -€89,734 | -€101,531 | -€11,796 | -13.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,734 | -€121,531 | -€11,796 | -10.7% |
| Amounts payable | 17/49 | €195,458 | €214,181 | +€18,722 | +9.6% |
| Amounts payable after more than one year | 17 | €75,402 | €108,970 | +€33,568 | +44.5% |
| Financial debts | 170/4 | €75,402 | €108,970 | +€33,568 | +44.5% |
| Amounts payable within one year | 42/48 | €120,041 | €105,211 | -€14,830 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | - | €16,569 | +€16,569 | |
| Financial debts | 43 | €34,834 | €0 | -€34,834 | -100.0% |
| Credit institutions | 430/8 | €34,834 | €0 | -€34,834 | -100.0% |
| Trade debts | 44 | €6,856 | €8,738 | +€1,882 | +27.5% |
| Suppliers | 440/4 | €6,856 | €8,738 | +€1,882 | +27.5% |
| Taxes, remuneration and social security | 45 | €5,302 | €3,912 | -€1,389 | -26.2% |
| Taxes | 450/3 | €2,009 | €2,716 | +€707 | +35.2% |
| Remuneration and social security | 454/9 | €3,293 | €1,196 | -€2,096 | -63.7% |
| Other amounts payable | 47/48 | €73,049 | €75,992 | +€2,942 | +4.0% |
| Accrued charges and deferred income | 492/3 | €16 | €0 | -€16 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,114 | €22,370 | +€12,256 | +121.2% |
| Other operating charges | 640/8 | €2,562 | €561 | -€2,001 | -78.1% |
| Gross operating margin | 9900 | -€87,251 | €17,074 | +€104,324 | |
| Operating profit (loss) | 9901 | -€99,927 | -€5,858 | +€94,069 | +94.1% |
| Financial income | 75/76B | - | €280 | +€280 | |
| Recurring financial income | 75 | - | €280 | +€280 | |
| Financial charges | 65/66B | €9,808 | €6,218 | -€3,590 | -36.6% |
| Recurring financial charges | 65 | €9,808 | €6,218 | -€3,590 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€109,734 | -€11,796 | +€97,938 | +89.3% |
| Profit (loss) for the period | 9904 | -€109,734 | -€11,796 | +€97,938 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,734 | -€11,796 | +€97,938 | +89.3% |
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 10 October 2026 via checked.be.