LUXPOL: 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.
LUXPOL
Largest movements
- Current assets -€6,794
down €6,794 (-15.3%), from €44,458 to €37,664
of which Receivables within one year: -€5,996
- Tangible fixed assets +€1,678
up €1,678 (+168%), from €1,000 to €2,678
- Equity -€14,925
down €14,925, from €9,417 to -€5,508
of which Profit (loss) carried forward: -€14,925
- Debts within one year +€9,809
up €9,809 (+27.1%), from €36,198 to €46,007
of which Trade debts: +€23,275
- Other operating charges +€19,814
new in 2021: €19,814
- Gross operating margin +€3,860
up €3,860 (+127%), from €3,027 to €6,887
- Depreciation +€667
up €667 (+66.7%), from €1,000 to €1,667
- Financial charges +€331
new in 2021: €331
- Taxes -€302
no longer reported in 2021 (was €302)
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,615 | €40,499 | -€5,116 | -11.2% |
| Fixed assets | 21/28 | €1,157 | €2,835 | +€1,678 | +145% |
| Tangible fixed assets | 22/27 | €1,000 | €2,678 | +€1,678 | +168% |
| Furniture and vehicles | 24 | - | €2,678 | +€2,678 | |
| Financial fixed assets | 28 | €157 | €157 | = | 0.0% |
| Current assets | 29/58 | €44,458 | €37,664 | -€6,794 | -15.3% |
| Stocks and contracts in progress | 3 | €31,637 | €31,637 | = | 0.0% |
| Stocks | 30/36 | - | €31,637 | +€31,637 | |
| Amounts receivable within one year | 40/41 | €11,425 | €5,429 | -€5,996 | -52.5% |
| Trade receivables | 40 | - | €5,429 | +€5,429 | |
| Cash at bank and in hand | 54/58 | €1,058 | €599 | -€460 | -43.4% |
| Total equity and liabilities | 10/49 | €45,615 | €40,499 | -€5,116 | -11.2% |
| Equity | 10/15 | €9,417 | -€5,508 | -€14,925 | |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€10,583 | -€25,508 | -€14,925 | -141% |
| Amounts payable | 17/49 | €36,198 | €46,007 | +€9,809 | +27.1% |
| Amounts payable within one year | 42/48 | €36,198 | €46,007 | +€9,809 | +27.1% |
| Trade debts | 44 | €1,043 | €24,318 | +€23,275 | +2,231% |
| Suppliers | 440/4 | - | €24,318 | +€24,318 | |
| Taxes, remuneration and social security | 45 | - | €2,014 | +€2,014 | |
| Taxes | 450/3 | - | €2,014 | +€2,014 | |
| Other amounts payable | 47/48 | - | €19,676 | +€19,676 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,667 | +€667 | +66.7% |
| Other operating charges | 640/8 | - | €19,814 | +€19,814 | |
| Gross operating margin | 9900 | €3,027 | €6,887 | +€3,860 | +127% |
| Operating profit (loss) | 9901 | €1,223 | -€14,594 | -€15,817 | |
| Recurring financial income | 75 | €373 | - | -€373 | |
| Financial charges | 65/66B | - | €331 | +€331 | |
| Recurring financial charges | 65 | €679 | €331 | -€348 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €916 | -€14,925 | -€15,842 | |
| Income taxes | 67/77 | €302 | - | -€302 | |
| Profit (loss) for the period | 9904 | €614 | -€14,925 | -€15,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €614 | -€14,925 | -€15,540 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.