LUXOR: what changed
Two fiscal 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.
LUXOR
Largest movements
- Stocks and contracts +€202,687
up €202,687 (+72.4%), from €279,793 to €482,480
- Receivables within one year -€40,308
down €40,308 (-51.9%), from €77,650 to €37,342
of which Trade receivables: -€27,806
- Deferred charges and accrued income +€30,437
new in 2024: €30,437
- Cash -€27,451
down €27,451 (-48.3%), from €56,794 to €29,343
mainly Stocks and contracts (-€202,687) and Current portion of long-term debt (-€41,904)
- Short-term financial debts +€150,000
new in 2024: €150,000
- Current portion of long-term debt -€41,904
down €41,904 (-91.3%), from €45,895 to €3,991
- Trade debts +€34,552
up €34,552 (+8987.7%), from €384 to €34,937
- Other debts +€15,177
up €15,177 (+35.4%), from €42,828 to €58,005
- Profit (loss) carried forward +€14,747
up €14,747 (+9.4%), from €156,350 to €171,098
- Financial income -€9,690
down €9,690 (-83.0%), from €11,673 to €1,983
- Staff costs -€9,362
down €9,362 (-7.3%), from €127,452 to €118,090
- Other operating charges -€7,340
down €7,340 (-67.5%), from €10,872 to €3,532
- Depreciation -€2,074
down €2,074 (-13.2%), from €15,766 to €13,691
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 | €446,324 | €610,749 | +€164,425 | +36.8% |
| Fixed assets | 21/28 | €32,087 | €31,146 | -€941 | -2.9% |
| Intangible fixed assets | 21 | - | €4,043 | +€4,043 | |
| Tangible fixed assets | 22/27 | €30,921 | €25,938 | -€4,984 | -16.1% |
| Plant, machinery and equipment | 23 | €8,660 | €13,413 | +€4,753 | +54.9% |
| Furniture and vehicles | 24 | €22,261 | €12,524 | -€9,737 | -43.7% |
| Financial fixed assets | 28 | €1,166 | €1,166 | = | 0.0% |
| Current assets | 29/58 | €414,237 | €579,602 | +€165,365 | +39.9% |
| Stocks and contracts in progress | 3 | €279,793 | €482,480 | +€202,687 | +72.4% |
| Stocks | 30/36 | €279,793 | €482,480 | +€202,687 | +72.4% |
| Amounts receivable within one year | 40/41 | €77,650 | €37,342 | -€40,308 | -51.9% |
| Trade receivables | 40 | €57,687 | €29,881 | -€27,806 | -48.2% |
| Other amounts receivable | 41 | €19,963 | €7,461 | -€12,502 | -62.6% |
| Cash at bank and in hand | 54/58 | €56,794 | €29,343 | -€27,451 | -48.3% |
| Deferred charges and accrued income | 490/1 | - | €30,437 | +€30,437 | |
| Total equity and liabilities | 10/49 | €446,324 | €610,749 | +€164,425 | +36.8% |
| Equity | 10/15 | €319,963 | €334,710 | +€14,747 | +4.6% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €14,877 | €14,877 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,877 | €14,877 | = | 0.0% |
| Legal reserve | 130 | €14,877 | €14,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,350 | €171,098 | +€14,747 | +9.4% |
| Amounts payable | 17/49 | €126,361 | €276,038 | +€149,677 | +118.5% |
| Amounts payable after more than one year | 17 | €3,867 | - | -€3,867 | |
| Financial debts | 170/4 | €3,867 | - | -€3,867 | |
| Amounts payable within one year | 42/48 | €122,494 | €276,038 | +€153,544 | +125.3% |
| Current portion of amounts payable after more than one year | 42 | €45,895 | €3,991 | -€41,904 | -91.3% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €384 | €34,937 | +€34,552 | +8987.7% |
| Suppliers | 440/4 | €384 | €34,937 | +€34,552 | +8987.7% |
| Advances received on contracts in progress | 46 | €180 | €180 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €33,206 | €28,925 | -€4,281 | -12.9% |
| Taxes | 450/3 | €16,807 | €13,641 | -€3,167 | -18.8% |
| Remuneration and social security | 454/9 | €16,399 | €15,285 | -€1,114 | -6.8% |
| Other amounts payable | 47/48 | €42,828 | €58,005 | +€15,177 | +35.4% |
| Non-recurring operating income | 76A | €21 | - | -€21 | |
| Remuneration, social security and pensions | 62 | €127,452 | €118,090 | -€9,362 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,766 | €13,691 | -€2,074 | -13.2% |
| Other operating charges | 640/8 | €10,872 | €3,532 | -€7,340 | -67.5% |
| Gross operating margin | 9900 | €163,229 | €164,634 | +€1,405 | +0.9% |
| Operating profit (loss) | 9901 | €9,139 | €29,320 | +€20,182 | +220.8% |
| Financial income | 75/76B | €11,673 | €1,983 | -€9,690 | -83.0% |
| Recurring financial income | 75 | €11,673 | €1,983 | -€9,690 | -83.0% |
| Financial charges | 65/66B | €9,193 | €9,999 | +€805 | +8.8% |
| Recurring financial charges | 65 | €9,193 | €9,999 | +€805 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €11,619 | €21,305 | +€9,686 | +83.4% |
| Income taxes | 67/77 | €5,914 | €6,557 | +€644 | +10.9% |
| Profit (loss) for the period | 9904 | €5,705 | €14,747 | +€9,042 | +158.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,705 | €14,747 | +€9,042 | +158.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.