LUXIS - W: 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.
What changed
LUXIS - W
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · -€239,092+€1.9m
Equity
€76,644
2024 · -€679,167+€755,812
Cash
€1.0m
2024 · €1.4m-€377,207
Balance sheet total
€11.9m
2024 · €8.5m+€3.4m
Largest movements
Assets
- Stocks and contracts +€2.3m
up €2.3m (+37.9%), from €6.2m to €8.5m
of which Contracts in progress: +€2.0m
- Receivables within one year +€1.4m
up €1.4m (+157%), from €901,242 to €2.3m
- Cash -€377,207
down €377,207 (-26.4%), from €1.4m to €1.0m
mainly Stocks and contracts (-€2.3m) and Receivables within one year (-€1.4m)
Equity and liabilities
- Debts after one year +€1.3m
up €1.3m (+18.1%), from €7.4m to €8.8m
of which Financial debts: +€1.2m
- Other debts +€896,573
up €896,573 (+26,161%), from €3,427 to €900,000
- Profit (loss) carried forward +€755,812
up €755,812, from -€741,167 to €14,644
- Tax, wage and social debts +€432,376
up €432,376 (+1,810%), from €23,891 to €456,266
Income statement
- Turnover +€13.2m
new in 2025: €13.2m
- Services and other goods -€3.9m
down €3.9m (-30.3%), from €13.0m to €9.1m
- Taxes +€332,952
new in 2025: €332,952
- Financial charges -€138,559
down €138,559 (-38.1%), from €363,901 to €225,342
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.
Result 2024
-€239,092
Turnover
+€13.2m
Other operating income
-€823
Services and other goods
+€3.9m
Provisions
-€40,000
Other operating charges
+€4,969
Other operating items
-€15.0m
Financial income
-€26
Financial charges
+€138,559
Taxes
-€332,952
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€771,170
Investment
€0
Financing
+€393,963
Cash 2024
€1.4m
From operations (derived)
-€771,170
Net result for the year
+€1.7m
Stocks and contracts
-€2.3m
Receivables within one year
-€1.4m
Deferred charges and accrued income
+€4,190
Provisions
+€40,000
Trade debts
-€32,986
Tax, wage and social debts
+€432,376
Other debts
+€896,573
Accrued charges and deferred income
-€10,015
Financing
+€393,963
Debts after one year
+€1.3m
Short-term financial debts
-€51,852
Contributions, distributions and other
-€900,000
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,537,316 | €11,913,037 | +€3.4m | +39.5% |
| Current assets | 29/58 | €8,537,316 | €11,913,037 | +€3.4m | +39.5% |
| Stocks and contracts in progress | 3 | €6,179,733 | €8,524,520 | +€2.3m | +37.9% |
| Stocks | 30/36 | - | €309,940 | +€309,940 | |
| Property held for sale | 35 | - | €309,940 | +€309,940 | |
| Contracts in progress | 37 | €6,179,733 | €8,214,580 | +€2.0m | +32.9% |
| Amounts receivable within one year | 40/41 | €901,242 | €2,313,573 | +€1.4m | +157% |
| Trade receivables | 40 | €901,242 | €2,313,573 | +€1.4m | +157% |
| Cash at bank and in hand | 54/58 | €1,427,099 | €1,049,892 | -€377,207 | -26.4% |
| Deferred charges and accrued income | 490/1 | €29,242 | €25,052 | -€4,190 | -14.3% |
| Total equity and liabilities | 10/49 | €8,537,316 | €11,913,037 | +€3.4m | +39.5% |
| Equity | 10/15 | -€679,167 | €76,644 | +€755,812 | |
| 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 | -€741,167 | €14,644 | +€755,812 | |
| Provisions and deferred taxes | 16 | - | €40,000 | +€40,000 | |
| Provisions for liabilities and charges | 160/5 | - | €40,000 | +€40,000 | |
| Environmental obligations | 163 | - | €40,000 | +€40,000 | |
| Amounts payable | 17/49 | €9,216,483 | €11,796,393 | +€2.6m | +28.0% |
| Amounts payable after more than one year | 17 | €7,442,498 | €8,788,313 | +€1.3m | +18.1% |
| Financial debts | 170/4 | €2,000,000 | €3,209,753 | +€1.2m | +60.5% |
| Credit institutions | 173 | €2,000,000 | €3,209,753 | +€1.2m | +60.5% |
| Other amounts payable | 178/9 | €5,442,498 | €5,578,560 | +€136,062 | +2.5% |
| Amounts payable within one year | 42/48 | €1,754,669 | €2,998,778 | +€1.2m | +70.9% |
| Financial debts | 43 | €51,852 | - | -€51,852 | |
| Credit institutions | 430/8 | €51,852 | - | -€51,852 | |
| Trade debts | 44 | €1,675,498 | €1,642,512 | -€32,986 | -2.0% |
| Suppliers | 440/4 | €1,675,498 | €1,642,512 | -€32,986 | -2.0% |
| Taxes, remuneration and social security | 45 | €23,891 | €456,266 | +€432,376 | +1,810% |
| Taxes | 450/3 | €23,891 | €456,266 | +€432,376 | +1,810% |
| Other amounts payable | 47/48 | €3,427 | €900,000 | +€896,573 | +26,161% |
| Accrued charges and deferred income | 492/3 | €19,316 | €9,301 | -€10,015 | -51.8% |
| Operating income | 70/76A | €13,156,794 | €11,328,763 | -€1.8m | -13.9% |
| Turnover | 70 | - | €13,226,456 | +€13.2m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €13,155,971 | -€1,897,693 | -€15.1m | |
| Other operating income | 74 | €823 | - | -€823 | |
| Operating charges | 60/66A | €13,032,010 | €9,114,656 | -€3.9m | -30.1% |
| Services and other goods | 61 | €13,016,655 | €9,073,460 | -€3.9m | -30.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €5,049 | €80 | -€4,969 | -98.4% |
| Non-recurring operating charges | 66A | €10,307 | €1,116 | -€9,191 | -89.2% |
| Operating profit (loss) | 9901 | €124,783 | €2,214,106 | +€2.1m | +1,674% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Income from financial fixed assets | 750 | €26 | - | -€26 | |
| Financial charges | 65/66B | €363,901 | €225,342 | -€138,559 | -38.1% |
| Recurring financial charges | 65 | €363,901 | €225,342 | -€138,559 | -38.1% |
| Debt charges | 650 | €178,769 | €145,895 | -€32,874 | -18.4% |
| Other financial charges | 652/9 | €185,132 | €79,447 | -€105,685 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | -€239,092 | €1,988,764 | +€2.2m | |
| Income taxes | 67/77 | - | €332,952 | +€332,952 | |
| Taxes | 670/3 | - | €332,952 | +€332,952 | |
| Profit (loss) for the period | 9904 | -€239,092 | €1,655,812 | +€1.9m | |
| Profit (loss) for the period to be appropriated | 9905 | -€239,092 | €1,655,812 | +€1.9m |
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.