Luxma: 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.
Luxma
Largest movements
- Cash -€315,314
down €315,314 (-35.0%), from €900,308 to €584,994
mainly Contributions, distributions and other (-€2.1m) and Stocks and contracts (-€89,729)
- Stocks and contracts +€89,729
up €89,729 (+5.7%), from €1.6m to €1.7m
- Receivables within one year +€68,573
up €68,573 (+23.7%), from €289,614 to €358,186
of which Trade receivables: +€77,344
- Contributions -€2.1m
down €2.1m (-92.2%), from €2.2m to €175,000
- Other debts +€1.8m
up €1.8m (+11923.8%), from €14,930 to €1.8m
- Trade debts +€129,206
up €129,206 (+435.0%), from €29,703 to €158,909
- Debts after one year -€30,578
down €30,578 (-79.6%), from €38,417 to €7,839
- Gross operating margin -€809,197
down €809,197 (-67.1%), from €1.2m to €397,035
- Financial income +€23,016
up €23,016 (+4947.8%), from €465 to €23,481
- Financial charges -€14,744
down €14,744 (-51.9%), from €28,390 to €13,646
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 | €3,030,417 | €2,855,496 | -€174,920 | -5.8% |
| Fixed assets | 21/28 | €257,189 | €246,322 | -€10,867 | -4.2% |
| Tangible fixed assets | 22/27 | €256,594 | €245,727 | -€10,867 | -4.2% |
| Land and buildings | 22 | €242,292 | €232,591 | -€9,700 | -4.0% |
| Plant, machinery and equipment | 23 | €8,708 | €7,270 | -€1,439 | -16.5% |
| Furniture and vehicles | 24 | €5,594 | €5,866 | +€272 | +4.9% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €2,773,228 | €2,609,175 | -€164,053 | -5.9% |
| Stocks and contracts in progress | 3 | €1,566,540 | €1,656,269 | +€89,729 | +5.7% |
| Stocks | 30/36 | €1,566,540 | €1,656,269 | +€89,729 | +5.7% |
| Amounts receivable within one year | 40/41 | €289,614 | €358,186 | +€68,573 | +23.7% |
| Trade receivables | 40 | €264,355 | €341,699 | +€77,344 | +29.3% |
| Other amounts receivable | 41 | €25,258 | €16,487 | -€8,771 | -34.7% |
| Current investments | 50/53 | €1,321 | €1,321 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €900,308 | €584,994 | -€315,314 | -35.0% |
| Deferred charges and accrued income | 490/1 | €15,445 | €8,405 | -€7,040 | -45.6% |
| Total equity and liabilities | 10/49 | €3,030,417 | €2,855,496 | -€174,920 | -5.8% |
| Equity | 10/15 | €2,834,359 | €760,719 | -€2.1m | -73.2% |
| Contributions | 10/11 | €2,245,000 | €175,000 | -€2.1m | -92.2% |
| Capital | 10 | €2,245,000 | €175,000 | -€2.1m | -92.2% |
| Issued capital | 100 | €2,245,000 | €175,000 | -€2.1m | -92.2% |
| Reserves | 13 | €176,109 | €176,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,991 | €69,991 | = | 0.0% |
| Distributable reserves | 133 | €88,617 | €88,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413,250 | €409,610 | -€3,640 | -0.9% |
| Amounts payable | 17/49 | €196,058 | €2,094,778 | +€1.9m | +968.4% |
| Amounts payable after more than one year | 17 | €38,417 | €7,839 | -€30,578 | -79.6% |
| Financial debts | 170/4 | €38,417 | €7,839 | -€30,578 | -79.6% |
| Amounts payable within one year | 42/48 | €157,640 | €2,086,939 | +€1.9m | +1223.9% |
| Current portion of amounts payable after more than one year | 42 | €29,368 | €30,578 | +€1,210 | +4.1% |
| Trade debts | 44 | €29,703 | €158,909 | +€129,206 | +435.0% |
| Suppliers | 440/4 | €29,703 | €158,909 | +€129,206 | +435.0% |
| Taxes, remuneration and social security | 45 | €83,639 | €102,300 | +€18,661 | +22.3% |
| Taxes | 450/3 | €27,321 | €47,075 | +€19,754 | +72.3% |
| Remuneration and social security | 454/9 | €56,318 | €55,225 | -€1,094 | -1.9% |
| Other amounts payable | 47/48 | €14,930 | €1,795,151 | +€1.8m | +11923.8% |
| Remuneration, social security and pensions | 62 | €306,807 | €318,811 | +€12,004 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,264 | €24,678 | +€1,414 | +6.1% |
| Other operating charges | 640/8 | €69,031 | €62,988 | -€6,043 | -8.8% |
| Gross operating margin | 9900 | €1,206,232 | €397,035 | -€809,197 | -67.1% |
| Operating profit (loss) | 9901 | €807,130 | -€9,442 | -€816,572 | |
| Financial income | 75/76B | €465 | €23,481 | +€23,016 | +4947.8% |
| Recurring financial income | 75 | €465 | €23,481 | +€23,016 | +4947.8% |
| Financial charges | 65/66B | €28,390 | €13,646 | -€14,744 | -51.9% |
| Recurring financial charges | 65 | €28,390 | €13,646 | -€14,744 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €779,206 | €394 | -€778,812 | -99.9% |
| Income taxes | 67/77 | €5,244 | €4,034 | -€1,210 | -23.1% |
| Profit (loss) for the period | 9904 | €773,962 | -€3,640 | -€777,602 | |
| Profit (loss) for the period to be appropriated | 9905 | €773,962 | -€3,640 | -€777,602 |
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 9 October 2026 via checked.be.