LUXIS - M: 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.
LUXIS - M
Largest movements
- Stocks and contracts +€2.5m
up €2.5m (+44.2%), from €5.7m to €8.2m
- Receivables within one year +€2.2m
up €2.2m (+2,656%), from €81,499 to €2.2m
of which Trade receivables: +€2.2m
- Cash +€1.9m
up €1.9m (+1,285%), from €148,951 to €2.1m
mainly Debts after one year (+€6.2m) and Trade debts (+€312,915)
- Debts after one year +€6.2m
up €6.2m (+120%), from €5.2m to €11.4m
of which Other amounts payable: +€3.1m
- Trade debts +€312,915
up €312,915 (+32.3%), from €969,199 to €1.3m
- Tax, wage and social debts +€250,055
new in 2025: €250,055
- Profit (loss) carried forward -€168,329
down €168,329 (-81.7%), from -€205,951 to -€374,280
- Services and other goods +€3.5m
up €3.5m (+152%), from €2.3m to €5.8m
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 | €5,979,747 | €12,577,649 | +€6.6m | +110% |
| Current assets | 29/58 | €5,979,747 | €12,577,649 | +€6.6m | +110% |
| Stocks and contracts in progress | 3 | €5,711,805 | €8,238,262 | +€2.5m | +44.2% |
| Contracts in progress | 37 | €5,711,805 | €8,238,262 | +€2.5m | +44.2% |
| Amounts receivable within one year | 40/41 | €81,499 | €2,245,852 | +€2.2m | +2,656% |
| Trade receivables | 40 | - | €2,245,852 | +€2.2m | |
| Other amounts receivable | 41 | €81,499 | - | -€81,499 | |
| Cash at bank and in hand | 54/58 | €148,951 | €2,063,628 | +€1.9m | +1,285% |
| Deferred charges and accrued income | 490/1 | €37,492 | €29,907 | -€7,585 | -20.2% |
| Total equity and liabilities | 10/49 | €5,979,747 | €12,577,649 | +€6.6m | +110% |
| Equity | 10/15 | -€143,951 | -€312,280 | -€168,329 | -117% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,951 | -€374,280 | -€168,329 | -81.7% |
| Amounts payable | 17/49 | €6,123,697 | €12,889,929 | +€6.8m | +110% |
| Amounts payable after more than one year | 17 | €5,154,498 | €11,352,622 | +€6.2m | +120% |
| Financial debts | 170/4 | €1,300,000 | €4,377,518 | +€3.1m | +237% |
| Credit institutions | 173 | €1,300,000 | €4,377,518 | +€3.1m | +237% |
| Other amounts payable | 178/9 | €3,854,498 | €6,975,104 | +€3.1m | +81.0% |
| Amounts payable within one year | 42/48 | €969,199 | €1,532,168 | +€562,969 | +58.1% |
| Trade debts | 44 | €969,199 | €1,282,114 | +€312,915 | +32.3% |
| Suppliers | 440/4 | €969,199 | €1,282,114 | +€312,915 | +32.3% |
| Taxes, remuneration and social security | 45 | - | €250,055 | +€250,055 | |
| Taxes | 450/3 | - | €250,055 | +€250,055 | |
| Accrued charges and deferred income | 492/3 | - | €5,138 | +€5,138 | |
| Operating income | 70/76A | €2,383,056 | €5,832,764 | +€3.4m | +145% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €2,383,056 | €5,832,764 | +€3.4m | +145% |
| Operating charges | 60/66A | €2,320,966 | €5,847,830 | +€3.5m | +152% |
| Services and other goods | 61 | €2,319,169 | €5,847,012 | +€3.5m | +152% |
| Other operating charges | 640/8 | €1,796 | €818 | -€979 | -54.5% |
| Operating profit (loss) | 9901 | €62,090 | -€15,066 | -€77,157 | |
| Financial charges | 65/66B | €145,995 | €153,263 | +€7,268 | +5.0% |
| Recurring financial charges | 65 | €145,995 | €153,263 | +€7,268 | +5.0% |
| Debt charges | 650 | €72,051 | €55,908 | -€16,144 | -22.4% |
| Other financial charges | 652/9 | €73,944 | €97,355 | +€23,412 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | -€83,905 | -€168,329 | -€84,425 | -101% |
| Profit (loss) for the period | 9904 | -€83,905 | -€168,329 | -€84,425 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,905 | -€168,329 | -€84,425 | -101% |
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 22 October 2026 via checked.be.