Luxforest: 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.
Luxforest
Largest movements
- Receivables within one year +€300,300
new in 2025: €300,300
- Tangible fixed assets +€120,000
up €120,000 (+2.6%), from €4.6m to €4.8m
- Cash -€69,012
down €69,012 (-93.2%), from €74,016 to €5,004
mainly Receivables within one year (-€300,300) and Investment in fixed assets (net) (-€135,570)
- Profit (loss) carried forward +€316,025
up €316,025 (+94.5%), from €334,535 to €650,561
- Gross operating margin +€244,921
up €244,921 (+284.8%), from €85,995 to €330,915
- Depreciation +€12,433
up €12,433 (+396.3%), from €3,138 to €15,570
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 | €4,713,616 | €5,064,904 | +€351,288 | +7.5% |
| Fixed assets | 21/28 | €4,639,600 | €4,759,600 | +€120,000 | +2.6% |
| Tangible fixed assets | 22/27 | €4,639,600 | €4,759,600 | +€120,000 | +2.6% |
| Land and buildings | 22 | €4,639,600 | €4,759,600 | +€120,000 | +2.6% |
| Current assets | 29/58 | €74,016 | €305,304 | +€231,288 | +312.5% |
| Amounts receivable within one year | 40/41 | - | €300,300 | +€300,300 | |
| Trade receivables | 40 | - | €300,300 | +€300,300 | |
| Cash at bank and in hand | 54/58 | €74,016 | €5,004 | -€69,012 | -93.2% |
| Total equity and liabilities | 10/49 | €4,713,616 | €5,064,904 | +€351,288 | +7.5% |
| Equity | 10/15 | €4,120,235 | €4,436,261 | +€316,025 | +7.7% |
| Contributions | 10/11 | €3,785,700 | €3,785,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €334,535 | €650,561 | +€316,025 | +94.5% |
| Amounts payable | 17/49 | €593,380 | €628,643 | +€35,263 | +5.9% |
| Amounts payable within one year | 42/48 | €593,380 | €628,643 | +€35,263 | +5.9% |
| Trade debts | 44 | €247 | €510 | +€263 | +106.2% |
| Suppliers | 440/4 | €247 | €510 | +€263 | +106.2% |
| Other amounts payable | 47/48 | €593,133 | €628,133 | +€35,000 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,138 | €15,570 | +€12,433 | +396.3% |
| Other operating charges | 640/8 | - | €9 | +€9 | |
| Gross operating margin | 9900 | €85,995 | €330,915 | +€244,921 | +284.8% |
| Operating profit (loss) | 9901 | €82,857 | €315,336 | +€232,479 | +280.6% |
| Financial income | 75/76B | - | €644 | +€644 | |
| Recurring financial income | 75 | - | €644 | +€644 | |
| Financial charges | 65/66B | €26 | -€238 | -€264 | |
| Recurring financial charges | 65 | €26 | -€238 | -€264 | |
| Profit (loss) for the period before taxes | 9903 | €82,831 | €316,219 | +€233,387 | +281.8% |
| Income taxes | 67/77 | - | €193 | +€193 | |
| Profit (loss) for the period | 9904 | €82,831 | €316,025 | +€233,194 | +281.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,831 | €316,025 | +€233,194 | +281.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.