LUXILLAG: 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.
LUXILLAG
Largest movements
- Receivables within one year +€360,298
up €360,298 (+30.9%), from €1.2m to €1.5m
of which Trade receivables: +€408,825
- Cash -€137,086
down €137,086 (-83.2%), from €164,737 to €27,652
mainly Receivables within one year (-€360,298) and Accrued charges and deferred income (-€16,413)
- Other debts +€65,027
up €65,027 (+111.9%), from €58,134 to €123,162
- Tax, wage and social debts +€62,528
up €62,528 (+67.1%), from €93,164 to €155,692
of which Taxes: +€61,101
- Short-term financial debts +€50,196
up €50,196 (+24.0%), from €209,525 to €259,720
- Gross operating margin -€66,954
down €66,954 (-28.0%), from €239,490 to €172,537
- Staff costs -€21,703
down €21,703 (-15.5%), from €140,361 to €118,658
- Financial charges -€12,100
down €12,100 (-31.0%), from €39,002 to €26,902
- Write-downs +€4,580
up €4,580, from -€4,580 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,727,484 | €1,925,622 | +€198,138 | +11.5% |
| Fixed assets | 21/28 | €16,022 | €9,573 | -€6,449 | -40.3% |
| Intangible fixed assets | 21 | €3,546 | €1,512 | -€2,034 | -57.4% |
| Tangible fixed assets | 22/27 | €8,555 | €4,140 | -€4,415 | -51.6% |
| Furniture and vehicles | 24 | €8,555 | €4,140 | -€4,415 | -51.6% |
| Financial fixed assets | 28 | €3,921 | €3,921 | = | 0.0% |
| Current assets | 29/58 | €1,711,462 | €1,916,049 | +€204,587 | +12.0% |
| Stocks and contracts in progress | 3 | €378,992 | €360,432 | -€18,560 | -4.9% |
| Stocks | 30/36 | €378,992 | €360,432 | -€18,560 | -4.9% |
| Amounts receivable within one year | 40/41 | €1,167,668 | €1,527,966 | +€360,298 | +30.9% |
| Trade receivables | 40 | €502,917 | €911,742 | +€408,825 | +81.3% |
| Other amounts receivable | 41 | €664,752 | €616,224 | -€48,528 | -7.3% |
| Cash at bank and in hand | 54/58 | €164,737 | €27,652 | -€137,086 | -83.2% |
| Deferred charges and accrued income | 490/1 | €65 | €0 | -€65 | -100.0% |
| Total equity and liabilities | 10/49 | €1,727,484 | €1,925,622 | +€198,138 | +11.5% |
| Equity | 10/15 | €988,583 | €1,007,126 | +€18,543 | +1.9% |
| Contributions | 10/11 | €74,642 | €74,642 | = | 0.0% |
| Capital | 10 | €74,642 | €74,642 | = | 0.0% |
| Issued capital | 100 | €74,642 | €74,642 | = | 0.0% |
| Reserves | 13 | €7,464 | €7,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,464 | €7,464 | = | 0.0% |
| Legal reserve | 130 | €7,464 | €7,464 | = | 0.0% |
| Profit (loss) carried forward | 14 | €906,477 | €925,019 | +€18,543 | +2.0% |
| Amounts payable | 17/49 | €738,901 | €918,496 | +€179,595 | +24.3% |
| Amounts payable within one year | 42/48 | €722,488 | €918,496 | +€196,008 | +27.1% |
| Financial debts | 43 | €209,525 | €259,720 | +€50,196 | +24.0% |
| Credit institutions | 430/8 | €209,525 | €259,720 | +€50,196 | +24.0% |
| Trade debts | 44 | €361,665 | €379,921 | +€18,256 | +5.0% |
| Suppliers | 440/4 | €361,665 | €379,921 | +€18,256 | +5.0% |
| Taxes, remuneration and social security | 45 | €93,164 | €155,692 | +€62,528 | +67.1% |
| Taxes | 450/3 | €81,248 | €142,349 | +€61,101 | +75.2% |
| Remuneration and social security | 454/9 | €11,916 | €13,344 | +€1,427 | +12.0% |
| Other amounts payable | 47/48 | €58,134 | €123,162 | +€65,027 | +111.9% |
| Accrued charges and deferred income | 492/3 | €16,413 | €0 | -€16,413 | -100.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €140,361 | €118,658 | -€21,703 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,881 | €6,449 | +€568 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,580 | €0 | +€4,580 | |
| Other operating charges | 640/8 | €1,536 | €1,914 | +€378 | +24.6% |
| Gross operating margin | 9900 | €239,490 | €172,537 | -€66,954 | -28.0% |
| Operating profit (loss) | 9901 | €96,291 | €45,515 | -€50,777 | -52.7% |
| Financial income | 75/76B | €1,015 | €102 | -€913 | -90.0% |
| Recurring financial income | 75 | €15 | €102 | +€87 | +574.3% |
| Non-recurring financial income | 76B | €1,000 | - | -€1,000 | |
| Financial charges | 65/66B | €39,002 | €26,902 | -€12,100 | -31.0% |
| Recurring financial charges | 65 | €39,002 | €26,902 | -€12,100 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €58,304 | €18,714 | -€39,590 | -67.9% |
| Income taxes | 67/77 | €224 | €0 | -€224 | -100.0% |
| Profit (loss) for the period | 9904 | €58,080 | €18,714 | -€39,366 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,080 | €18,714 | -€39,366 | -67.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.