LUXU: 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.
LUXU
Largest movements
- Cash +€34,357
up €34,357 (+36.6%), from €93,987 to €128,344
mainly Net result for the year (+€22,811) and Tax, wage and social debts (+€10,762)
- Tangible fixed assets +€12,296
up €12,296 (+177%), from €6,937 to €19,232
of which Plant, machinery and equipment: +€9,757
- Receivables within one year -€4,816
down €4,816 (-15.4%), from €31,274 to €26,458
of which Trade receivables: -€4,835
- Profit (loss) carried forward +€22,811
up €22,811 (+25.6%), from €89,074 to €111,886
- Tax, wage and social debts +€10,762
up €10,762 (+117%), from €9,199 to €19,960
of which Taxes: +€6,636
- Trade debts +€8,182
up €8,182 (+48.4%), from €16,917 to €25,099
- Gross operating margin +€28,620
up €28,620 (+38.8%), from €73,835 to €102,454
- Staff costs +€21,803
up €21,803 (+49.4%), from €44,142 to €65,946
- Taxes +€3,434
up €3,434 (+107%), from €3,202 to €6,636
- Depreciation -€3,131
down €3,131 (-44.2%), from €7,088 to €3,957
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,766 | €178,251 | +€41,485 | +30.3% |
| Fixed assets | 21/28 | €7,131 | €19,427 | +€12,296 | +172% |
| Tangible fixed assets | 22/27 | €6,937 | €19,232 | +€12,296 | +177% |
| Plant, machinery and equipment | 23 | €5,510 | €15,267 | +€9,757 | +177% |
| Furniture and vehicles | 24 | €1,426 | €3,965 | +€2,539 | +178% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €129,635 | €158,824 | +€29,189 | +22.5% |
| Stocks and contracts in progress | 3 | €2,479 | €2,105 | -€374 | -15.1% |
| Stocks | 30/36 | €2,479 | €2,105 | -€374 | -15.1% |
| Amounts receivable within one year | 40/41 | €31,274 | €26,458 | -€4,816 | -15.4% |
| Trade receivables | 40 | €23,301 | €18,466 | -€4,835 | -20.8% |
| Other amounts receivable | 41 | €7,973 | €7,992 | +€19 | +0.2% |
| Cash at bank and in hand | 54/58 | €93,987 | €128,344 | +€34,357 | +36.6% |
| Deferred charges and accrued income | 490/1 | €1,896 | €1,917 | +€22 | +1.1% |
| Total equity and liabilities | 10/49 | €136,766 | €178,251 | +€41,485 | +30.3% |
| Equity | 10/15 | €109,534 | €132,346 | +€22,811 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €89,074 | €111,886 | +€22,811 | +25.6% |
| Amounts payable | 17/49 | €27,232 | €45,906 | +€18,674 | +68.6% |
| Amounts payable within one year | 42/48 | €27,232 | €45,906 | +€18,674 | +68.6% |
| Trade debts | 44 | €16,917 | €25,099 | +€8,182 | +48.4% |
| Suppliers | 440/4 | €16,917 | €25,099 | +€8,182 | +48.4% |
| Advances received on contracts in progress | 46 | - | €157 | +€157 | |
| Taxes, remuneration and social security | 45 | €9,199 | €19,960 | +€10,762 | +117% |
| Taxes | 450/3 | €3,202 | €9,837 | +€6,636 | +207% |
| Remuneration and social security | 454/9 | €5,997 | €10,123 | +€4,126 | +68.8% |
| Other amounts payable | 47/48 | €1,116 | €689 | -€427 | -38.2% |
| Remuneration, social security and pensions | 62 | €44,142 | €65,946 | +€21,803 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,088 | €3,957 | -€3,131 | -44.2% |
| Other operating charges | 640/8 | €2,335 | €2,425 | +€90 | +3.9% |
| Non-recurring operating charges | 66A | €2,925 | €500 | -€2,425 | -82.9% |
| Gross operating margin | 9900 | €73,835 | €102,454 | +€28,620 | +38.8% |
| Operating profit (loss) | 9901 | €17,344 | €29,627 | +€12,283 | +70.8% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €348 | €180 | -€168 | -48.2% |
| Recurring financial charges | 65 | €348 | €180 | -€168 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €16,998 | €29,447 | +€12,448 | +73.2% |
| Income taxes | 67/77 | €3,202 | €6,636 | +€3,434 | +107% |
| Profit (loss) for the period | 9904 | €13,796 | €22,811 | +€9,015 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,796 | €22,811 | +€9,015 | +65.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.