LUXTERRA: 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.
LUXTERRA
Largest movements
- Tangible fixed assets +€396,026
up €396,026, from €0 to €396,026
of which Land and buildings: +€396,026
- Receivables within one year +€176,881
up €176,881 (+4,052%), from €4,365 to €181,246
of which Trade receivables: +€179,798
- Cash +€70,952
up €70,952 (+444%), from €15,997 to €86,948
mainly Debts after one year (+€429,453) and Trade debts (+€153,631)
- Debts after one year +€429,453
new in 2025: €429,453
- Trade debts +€153,631
up €153,631 (+3,460%), from €4,440 to €158,071
- Other debts +€45,000
up €45,000 (+47,145%), from €95 to €45,095
- Tax, wage and social debts +€36,041
up €36,041 (+4,685%), from €769 to €36,810
- Profit (loss) carried forward -€35,399
down €35,399 (-142%), from -€24,943 to -€60,342
- Depreciation +€29,592
up €29,592, from €0 to €29,592
- Financial charges +€12,527
up €12,527 (+23,861%), from €53 to €12,580
- Gross operating margin +€12,007
up €12,007, from -€3,386 to €8,621
- Other operating charges -€1,814
down €1,814 (-72.0%), from €2,519 to €706
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.
Derived cash bridge
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 | €20,362 | €664,618 | +€644,256 | +3,164% |
| Fixed assets | 21/28 | €0 | €396,026 | +€396,026 | |
| Tangible fixed assets | 22/27 | €0 | €396,026 | +€396,026 | |
| Land and buildings | 22 | - | €396,026 | +€396,026 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €20,362 | €268,592 | +€248,230 | +1,219% |
| Amounts receivable within one year | 40/41 | €4,365 | €181,246 | +€176,881 | +4,052% |
| Trade receivables | 40 | - | €179,798 | +€179,798 | |
| Other amounts receivable | 41 | €4,365 | €1,448 | -€2,917 | -66.8% |
| Cash at bank and in hand | 54/58 | €15,997 | €86,948 | +€70,952 | +444% |
| Deferred charges and accrued income | 490/1 | - | €397 | +€397 | |
| Total equity and liabilities | 10/49 | €20,362 | €664,618 | +€644,256 | +3,164% |
| Equity | 10/15 | €15,057 | -€20,342 | -€35,399 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,943 | -€60,342 | -€35,399 | -142% |
| Amounts payable | 17/49 | €5,305 | €684,960 | +€679,655 | +12,812% |
| Amounts payable after more than one year | 17 | - | €429,453 | +€429,453 | |
| Financial debts | 170/4 | - | €429,453 | +€429,453 | |
| Amounts payable within one year | 42/48 | €5,305 | €247,540 | +€242,235 | +4,566% |
| Current portion of amounts payable after more than one year | 42 | - | €7,564 | +€7,564 | |
| Trade debts | 44 | €4,440 | €158,071 | +€153,631 | +3,460% |
| Suppliers | 440/4 | €4,440 | €158,071 | +€153,631 | +3,460% |
| Taxes, remuneration and social security | 45 | €769 | €36,810 | +€36,041 | +4,685% |
| Taxes | 450/3 | €769 | €36,810 | +€36,041 | +4,685% |
| Other amounts payable | 47/48 | €95 | €45,095 | +€45,000 | +47,145% |
| Accrued charges and deferred income | 492/3 | €0 | €7,967 | +€7,967 | |
| Non-recurring operating income | 76A | - | €5,688 | +€5,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €29,592 | +€29,592 | |
| Other operating charges | 640/8 | €2,519 | €706 | -€1,814 | -72.0% |
| Non-recurring operating charges | 66A | - | €1,143 | +€1,143 | |
| Gross operating margin | 9900 | -€3,386 | €8,621 | +€12,007 | |
| Operating profit (loss) | 9901 | -€5,905 | -€22,819 | -€16,915 | -286% |
| Financial charges | 65/66B | €53 | €12,580 | +€12,527 | +23,861% |
| Recurring financial charges | 65 | €53 | €12,580 | +€12,527 | +23,861% |
| Profit (loss) for the period before taxes | 9903 | -€5,957 | -€35,399 | -€29,442 | -494% |
| Profit (loss) for the period | 9904 | -€5,957 | -€35,399 | -€29,442 | -494% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,957 | -€35,399 | -€29,442 | -494% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.