LUXPRO: 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.
LUXPRO
Largest movements
- Receivables within one year -€148,151
down €148,151 (-34.1%), from €434,028 to €285,877
of which Trade receivables: -€152,033
- Stocks and contracts -€109,300
down €109,300 (-42.0%), from €260,440 to €151,141
- Cash +€38,401
up €38,401 (+7.2%), from €536,303 to €574,704
mainly Receivables within one year (+€148,151) and Tax, wage and social debts (+€112,093)
- Trade debts -€415,699
down €415,699 (-40.7%), from €1.0m to €605,229
- Tax, wage and social debts +€112,093
up €112,093 (+70.4%), from €159,163 to €271,257
of which Taxes: +€74,680
- Profit (loss) carried forward +€33,594
up €33,594 (+26.0%), from €129,422 to €163,016
- Debts after one year +€32,639
up €32,639 (+11.1%), from €294,618 to €327,258
- Other debts +€27,185
new in 2025: €27,185
- Gross operating margin +€24,791
up €24,791 (+2.5%), from €974,124 to €998,915
- Staff costs +€23,976
up €23,976 (+2.9%), from €838,165 to €862,141
- Other operating charges -€17,812
down €17,812 (-75.0%), from €23,749 to €5,937
- Write-downs +€16,261
no longer reported in 2025 (was -€16,261)
- Depreciation +€10,054
up €10,054 (+18.3%), from €54,913 to €64,968
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 | €1,720,511 | €1,495,582 | -€224,929 | -13.1% |
| Fixed assets | 21/28 | €489,495 | €482,933 | -€6,562 | -1.3% |
| Tangible fixed assets | 22/27 | €489,495 | €482,933 | -€6,562 | -1.3% |
| Land and buildings | 22 | €293,969 | €313,642 | +€19,672 | +6.7% |
| Plant, machinery and equipment | 23 | €23,901 | €17,583 | -€6,318 | -26.4% |
| Furniture and vehicles | 24 | €74,950 | €60,363 | -€14,587 | -19.5% |
| Other tangible fixed assets | 26 | €96,674 | €91,345 | -€5,329 | -5.5% |
| Current assets | 29/58 | €1,231,016 | €1,012,649 | -€218,367 | -17.7% |
| Stocks and contracts in progress | 3 | €260,440 | €151,141 | -€109,300 | -42.0% |
| Stocks | 30/36 | €260,440 | €151,141 | -€109,300 | -42.0% |
| Amounts receivable within one year | 40/41 | €434,028 | €285,877 | -€148,151 | -34.1% |
| Trade receivables | 40 | €417,217 | €265,184 | -€152,033 | -36.4% |
| Other amounts receivable | 41 | €16,812 | €20,694 | +€3,882 | +23.1% |
| Cash at bank and in hand | 54/58 | €536,303 | €574,704 | +€38,401 | +7.2% |
| Deferred charges and accrued income | 490/1 | €245 | €927 | +€682 | +278.9% |
| Total equity and liabilities | 10/49 | €1,720,511 | €1,495,582 | -€224,929 | -13.1% |
| Equity | 10/15 | €175,852 | €209,446 | +€33,594 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,830 | €27,830 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,970 | €25,970 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,422 | €163,016 | +€33,594 | +26.0% |
| Amounts payable | 17/49 | €1,544,659 | €1,286,136 | -€258,523 | -16.7% |
| Amounts payable after more than one year | 17 | €294,618 | €327,258 | +€32,639 | +11.1% |
| Financial debts | 170/4 | €294,618 | €327,258 | +€32,639 | +11.1% |
| Amounts payable within one year | 42/48 | €1,246,373 | €958,788 | -€287,584 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €46,281 | €55,117 | +€8,837 | +19.1% |
| Financial debts | 43 | €20,000 | - | -€20,000 | |
| Credit institutions | 430/8 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €1,020,928 | €605,229 | -€415,699 | -40.7% |
| Suppliers | 440/4 | €1,020,928 | €605,229 | -€415,699 | -40.7% |
| Taxes, remuneration and social security | 45 | €159,163 | €271,257 | +€112,093 | +70.4% |
| Taxes | 450/3 | €47,096 | €121,776 | +€74,680 | +158.6% |
| Remuneration and social security | 454/9 | €112,067 | €149,481 | +€37,413 | +33.4% |
| Other amounts payable | 47/48 | - | €27,185 | +€27,185 | |
| Accrued charges and deferred income | 492/3 | €3,668 | €89 | -€3,578 | -97.6% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €838,165 | €862,141 | +€23,976 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,913 | €64,968 | +€10,054 | +18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,261 | - | +€16,261 | |
| Other operating charges | 640/8 | €23,749 | €5,937 | -€17,812 | -75.0% |
| Gross operating margin | 9900 | €974,124 | €998,915 | +€24,791 | +2.5% |
| Operating profit (loss) | 9901 | €73,556 | €65,868 | -€7,688 | -10.5% |
| Financial income | 75/76B | €444 | €19 | -€425 | -95.6% |
| Recurring financial income | 75 | €444 | €19 | -€425 | -95.6% |
| Financial charges | 65/66B | €10,268 | €16,893 | +€6,625 | +64.5% |
| Recurring financial charges | 65 | €10,268 | €16,893 | +€6,625 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €63,733 | €48,995 | -€14,738 | -23.1% |
| Income taxes | 67/77 | €20,000 | €15,401 | -€4,599 | -23.0% |
| Profit (loss) for the period | 9904 | €43,733 | €33,594 | -€10,139 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,733 | €33,594 | -€10,139 | -23.2% |
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 3 October 2026 via checked.be.