LUXOUTSIDE: 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.
LUXOUTSIDE
Largest movements
- Stocks and contracts -€527,221
down €527,221 (-54.3%), from €970,966 to €443,744
of which Contracts in progress: -€354,842
- Tangible fixed assets +€84,476
up €84,476 (+9.3%), from €912,249 to €996,725
of which Plant, machinery and equipment: +€75,051
- Profit (loss) carried forward -€1.0m
down €1.0m, from €286,999 to -€756,627
- Accrued charges and deferred income +€300,410
new in 2025: €300,410
- Trade debts +€228,405
up €228,405 (+89.2%), from €255,920 to €484,325
- Current portion of long-term debt +€83,106
up €83,106 (+63.8%), from €130,275 to €213,381
- Debts after one year +€30,620
up €30,620 (+2.9%), from €1.1m to €1.1m
- Gross operating margin -€1.1m
down €1.1m, from €692,771 to -€419,982
- Staff costs +€63,748
up €63,748 (+15.0%), from €426,153 to €489,900
- Financial charges -€10,014
down €10,014 (-23.8%), from €42,142 to €32,128
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 | €2,012,499 | €1,590,948 | -€421,551 | -20.9% |
| Fixed assets | 21/28 | €913,312 | €997,788 | +€84,476 | +9.2% |
| Tangible fixed assets | 22/27 | €912,249 | €996,725 | +€84,476 | +9.3% |
| Land and buildings | 22 | €868,865 | €810,841 | -€58,023 | -6.7% |
| Plant, machinery and equipment | 23 | €9,634 | €84,684 | +€75,051 | +779.1% |
| Furniture and vehicles | 24 | €33,751 | €101,200 | +€67,449 | +199.8% |
| Financial fixed assets | 28 | €1,063 | €1,063 | = | 0.0% |
| Current assets | 29/58 | €1,099,187 | €593,160 | -€506,027 | -46.0% |
| Stocks and contracts in progress | 3 | €970,966 | €443,744 | -€527,221 | -54.3% |
| Stocks | 30/36 | €522,573 | €350,194 | -€172,379 | -33.0% |
| Contracts in progress | 37 | €448,393 | €93,550 | -€354,842 | -79.1% |
| Amounts receivable within one year | 40/41 | €90,596 | €103,766 | +€13,170 | +14.5% |
| Trade receivables | 40 | €72,784 | €58,332 | -€14,452 | -19.9% |
| Other amounts receivable | 41 | €17,812 | €45,434 | +€27,622 | +155.1% |
| Cash at bank and in hand | 54/58 | €37,626 | €45,650 | +€8,024 | +21.3% |
| Total equity and liabilities | 10/49 | €2,012,499 | €1,590,948 | -€421,551 | -20.9% |
| Equity | 10/15 | €326,209 | -€717,417 | -€1.0m | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,999 | -€756,627 | -€1.0m | |
| Amounts payable | 17/49 | €1,686,290 | €2,308,365 | +€622,075 | +36.9% |
| Amounts payable after more than one year | 17 | €1,065,290 | €1,095,910 | +€30,620 | +2.9% |
| Financial debts | 170/4 | €1,065,290 | €1,095,910 | +€30,620 | +2.9% |
| Amounts payable within one year | 42/48 | €621,000 | €912,044 | +€291,044 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €130,275 | €213,381 | +€83,106 | +63.8% |
| Trade debts | 44 | €255,920 | €484,325 | +€228,405 | +89.2% |
| Suppliers | 440/4 | €255,920 | €484,325 | +€228,405 | +89.2% |
| Taxes, remuneration and social security | 45 | €9,491 | €19,584 | +€10,092 | +106.3% |
| Taxes | 450/3 | €3,701 | €12,001 | +€8,300 | +224.3% |
| Remuneration and social security | 454/9 | €5,791 | €7,583 | +€1,792 | +31.0% |
| Other amounts payable | 47/48 | €225,315 | €194,755 | -€30,559 | -13.6% |
| Accrued charges and deferred income | 492/3 | - | €300,410 | +€300,410 | |
| Remuneration, social security and pensions | 62 | €426,153 | €489,900 | +€63,748 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,363 | €92,323 | +€2,960 | +3.3% |
| Other operating charges | 640/8 | €9,742 | €9,725 | -€17 | -0.2% |
| Gross operating margin | 9900 | €692,771 | -€419,982 | -€1.1m | |
| Operating profit (loss) | 9901 | €167,514 | -€1,011,930 | -€1.2m | |
| Financial income | 75/76B | €352 | €432 | +€80 | +22.9% |
| Recurring financial income | 75 | €352 | €432 | +€80 | +22.9% |
| Financial charges | 65/66B | €42,142 | €32,128 | -€10,014 | -23.8% |
| Recurring financial charges | 65 | €42,142 | €32,128 | -€10,014 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €125,723 | -€1,043,626 | -€1.2m | |
| Profit (loss) for the period | 9904 | €125,723 | -€1,043,626 | -€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €125,723 | -€1,043,626 | -€1.2m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.