LUXSY: 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.
LUXSY
Largest movements
- Receivables within one year -€500,522
down €500,522 (-40.9%), from €1.2m to €724,365
of which Trade receivables: -€518,531
- Stocks and contracts -€86,380
down €86,380 (-60.1%), from €143,704 to €57,324
- Cash -€29,366
down €29,366 (-33.3%), from €88,178 to €58,812
mainly Trade debts (-€586,917) and Tax, wage and social debts (-€32,344)
- Trade debts -€586,917
down €586,917 (-77.5%), from €756,831 to €169,914
- Tax, wage and social debts -€32,344
down €32,344 (-46.1%), from €70,137 to €37,793
of which Taxes: -€34,538
- Other debts -€25,597
down €25,597 (-58.9%), from €43,442 to €17,845
- Gross operating margin -€29,342
down €29,342 (-16.5%), from €177,355 to €148,012
- Staff costs +€14,549
up €14,549 (+19.1%), from €76,235 to €90,784
- Other operating charges +€9,266
up €9,266 (+302.2%), from €3,066 to €12,332
- Taxes -€4,725
down €4,725 (-27.2%), from €17,342 to €12,616
- Financial charges +€3,215
up €3,215 (+148.2%), from €2,170 to €5,385
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,509,941 | €878,557 | -€631,384 | -41.8% |
| Fixed assets | 21/28 | €53,172 | €37,702 | -€15,470 | -29.1% |
| Tangible fixed assets | 22/27 | €40,372 | €29,702 | -€10,670 | -26.4% |
| Plant, machinery and equipment | 23 | €2,769 | €4,255 | +€1,486 | +53.7% |
| Furniture and vehicles | 24 | €34,521 | €22,695 | -€11,827 | -34.3% |
| Other tangible fixed assets | 26 | €3,082 | €2,753 | -€329 | -10.7% |
| Financial fixed assets | 28 | €12,800 | €8,000 | -€4,800 | -37.5% |
| Current assets | 29/58 | €1,456,769 | €840,855 | -€615,914 | -42.3% |
| Stocks and contracts in progress | 3 | €143,704 | €57,324 | -€86,380 | -60.1% |
| Stocks | 30/36 | €143,704 | €57,324 | -€86,380 | -60.1% |
| Amounts receivable within one year | 40/41 | €1,224,887 | €724,365 | -€500,522 | -40.9% |
| Trade receivables | 40 | €1,189,162 | €670,631 | -€518,531 | -43.6% |
| Other amounts receivable | 41 | €35,725 | €53,735 | +€18,009 | +50.4% |
| Cash at bank and in hand | 54/58 | €88,178 | €58,812 | -€29,366 | -33.3% |
| Deferred charges and accrued income | 490/1 | - | €354 | +€354 | |
| Total equity and liabilities | 10/49 | €1,509,941 | €878,557 | -€631,384 | -41.8% |
| Equity | 10/15 | €639,531 | €653,005 | +€13,474 | +2.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €601,031 | €614,505 | +€13,474 | +2.2% |
| Amounts payable | 17/49 | €870,410 | €225,552 | -€644,858 | -74.1% |
| Amounts payable within one year | 42/48 | €870,410 | €225,552 | -€644,858 | -74.1% |
| Trade debts | 44 | €756,831 | €169,914 | -€586,917 | -77.5% |
| Suppliers | 440/4 | €756,831 | €169,914 | -€586,917 | -77.5% |
| Taxes, remuneration and social security | 45 | €70,137 | €37,793 | -€32,344 | -46.1% |
| Taxes | 450/3 | €59,551 | €25,013 | -€34,538 | -58.0% |
| Remuneration and social security | 454/9 | €10,586 | €12,780 | +€2,194 | +20.7% |
| Other amounts payable | 47/48 | €43,442 | €17,845 | -€25,597 | -58.9% |
| Remuneration, social security and pensions | 62 | €76,235 | €90,784 | +€14,549 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,066 | €13,618 | -€1,448 | -9.6% |
| Other operating charges | 640/8 | €3,066 | €12,332 | +€9,266 | +302.2% |
| Gross operating margin | 9900 | €177,355 | €148,012 | -€29,342 | -16.5% |
| Operating profit (loss) | 9901 | €82,988 | €31,278 | -€51,710 | -62.3% |
| Financial income | 75/76B | €276 | €197 | -€79 | -28.7% |
| Recurring financial income | 75 | €276 | €197 | -€79 | -28.7% |
| Financial charges | 65/66B | €2,170 | €5,385 | +€3,215 | +148.2% |
| Recurring financial charges | 65 | €2,170 | €5,385 | +€3,215 | +148.2% |
| Profit (loss) for the period before taxes | 9903 | €81,095 | €26,091 | -€55,004 | -67.8% |
| Income taxes | 67/77 | €17,342 | €12,616 | -€4,725 | -27.2% |
| Profit (loss) for the period | 9904 | €63,753 | €13,474 | -€50,279 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,753 | €13,474 | -€50,279 | -78.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.