LUXFORGE BELGIUM: 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.
LUXFORGE BELGIUM
Largest movements
- Receivables within one year -€1,893
down €1,893 (-10.6%), from €17,856 to €15,963
of which Trade receivables: -€1,593
- Cash +€756
up €756 (+82.4%), from €918 to €1,674
mainly Receivables within one year (+€1,893) and Trade debts (+€112)
- Tax, wage and social debts -€1,349
down €1,349 (-43.6%), from €3,093 to €1,744
of which Remuneration and social security: -€1,928
- Gross operating margin -€21,700
down €21,700 (-93.6%), from €23,172 to €1,472
- Staff costs -€15,372
down €15,372 (-94.5%), from €16,259 to €887
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 | €18,894 | €17,761 | -€1,133 | -6.0% |
| Current assets | 29/58 | €18,894 | €17,761 | -€1,133 | -6.0% |
| Amounts receivable within one year | 40/41 | €17,856 | €15,963 | -€1,893 | -10.6% |
| Trade receivables | 40 | €17,556 | €15,963 | -€1,593 | -9.1% |
| Other amounts receivable | 41 | €300 | - | -€300 | |
| Cash at bank and in hand | 54/58 | €918 | €1,674 | +€756 | +82.4% |
| Deferred charges and accrued income | 490/1 | €120 | €124 | +€4 | +3.5% |
| Total equity and liabilities | 10/49 | €18,894 | €17,761 | -€1,133 | -6.0% |
| Equity | 10/15 | €15,732 | €15,836 | +€104 | +0.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,519 | €3,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €1,019 | €1,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,786 | -€12,682 | +€104 | +0.8% |
| Amounts payable | 17/49 | €3,162 | €1,925 | -€1,237 | -39.1% |
| Amounts payable within one year | 42/48 | €3,162 | €1,925 | -€1,237 | -39.1% |
| Trade debts | 44 | €69 | €181 | +€112 | +163% |
| Suppliers | 440/4 | €69 | €181 | +€112 | +163% |
| Taxes, remuneration and social security | 45 | €3,093 | €1,744 | -€1,349 | -43.6% |
| Taxes | 450/3 | - | €579 | +€579 | |
| Remuneration and social security | 454/9 | €3,093 | €1,165 | -€1,928 | -62.3% |
| Remuneration, social security and pensions | 62 | €16,259 | €887 | -€15,372 | -94.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €23,172 | €1,472 | -€21,700 | -93.6% |
| Operating profit (loss) | 9901 | €6,525 | €185 | -€6,340 | -97.2% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €81 | €88 | +€8 | +9.4% |
| Recurring financial charges | 65 | €81 | €88 | +€8 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €6,445 | €104 | -€6,341 | -98.4% |
| Profit (loss) for the period | 9904 | €6,445 | €104 | -€6,341 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,445 | €104 | -€6,341 | -98.4% |
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 30 October 2026 via checked.be.