LUXTHERM: 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.
LUXTHERM
Largest movements
- Receivables within one year +€3,760
up €3,760 (+83.2%), from €4,518 to €8,278
of which Trade receivables: +€3,632
- Tangible fixed assets -€1,802
down €1,802 (-13.1%), from €13,708 to €11,906
of which Furniture and vehicles: -€944
- Profit (loss) carried forward +€5,194
up €5,194 (+89.4%), from -€5,811 to -€617
- Debts after one year -€4,117
down €4,117 (-39.3%), from €10,482 to €6,365
- Short-term financial debts +€1,151
up €1,151 (+35.6%), from €3,236 to €4,386
- Other debts -€775
down €775 (-93.6%), from €828 to €53
- Current portion of long-term debt +€287
up €287 (+7.5%), from €3,830 to €4,117
- Gross operating margin +€4,049
up €4,049 (+63.5%), from €6,377 to €10,425
- Depreciation +€258
up €258 (+10.2%), from €2,537 to €2,795
- Other operating charges +€156
up €156 (+32.4%), from €481 to €637
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 | €20,841 | €22,799 | +€1,958 | +9.4% |
| Fixed assets | 21/28 | €15,908 | €14,106 | -€1,802 | -11.3% |
| Tangible fixed assets | 22/27 | €13,708 | €11,906 | -€1,802 | -13.1% |
| Land and buildings | 22 | €4,380 | €3,815 | -€566 | -12.9% |
| Plant, machinery and equipment | 23 | €5,648 | €5,356 | -€293 | -5.2% |
| Furniture and vehicles | 24 | €3,680 | €2,736 | -€944 | -25.7% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €4,933 | €8,693 | +€3,760 | +76.2% |
| Amounts receivable within one year | 40/41 | €4,518 | €8,278 | +€3,760 | +83.2% |
| Trade receivables | 40 | €4,261 | €7,893 | +€3,632 | +85.2% |
| Other amounts receivable | 41 | €257 | €385 | +€128 | +49.7% |
| Cash at bank and in hand | 54/58 | €172 | €248 | +€76 | +44.1% |
| Deferred charges and accrued income | 490/1 | €243 | €168 | -€76 | -31.1% |
| Total equity and liabilities | 10/49 | €20,841 | €22,799 | +€1,958 | +9.4% |
| Equity | 10/15 | €2,249 | €7,443 | +€5,194 | +231% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,811 | -€617 | +€5,194 | +89.4% |
| Amounts payable | 17/49 | €18,592 | €15,356 | -€3,236 | -17.4% |
| Amounts payable after more than one year | 17 | €10,482 | €6,365 | -€4,117 | -39.3% |
| Financial debts | 170/4 | €10,482 | €6,365 | -€4,117 | -39.3% |
| Amounts payable within one year | 42/48 | €8,110 | €8,991 | +€881 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €3,830 | €4,117 | +€287 | +7.5% |
| Financial debts | 43 | €3,236 | €4,386 | +€1,151 | +35.6% |
| Credit institutions | 430/8 | €3,236 | €4,386 | +€1,151 | +35.6% |
| Trade debts | 44 | €216 | €435 | +€219 | +101% |
| Suppliers | 440/4 | €216 | €435 | +€219 | +101% |
| Other amounts payable | 47/48 | €828 | €53 | -€775 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,537 | €2,795 | +€258 | +10.2% |
| Other operating charges | 640/8 | €481 | €637 | +€156 | +32.4% |
| Gross operating margin | 9900 | €6,377 | €10,425 | +€4,049 | +63.5% |
| Operating profit (loss) | 9901 | €3,359 | €6,994 | +€3,635 | +108% |
| Financial income | 75/76B | €3 | €13 | +€11 | +414% |
| Recurring financial income | 75 | €3 | €13 | +€11 | +414% |
| Financial charges | 65/66B | €1,859 | €1,814 | -€46 | -2.4% |
| Recurring financial charges | 65 | €1,859 | €1,814 | -€46 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €1,502 | €5,194 | +€3,691 | +246% |
| Profit (loss) for the period | 9904 | €1,502 | €5,194 | +€3,691 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €1,502 | €5,194 | +€3,691 | +246% |
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 21 October 2026 via checked.be.