LUXURY GROUP: 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.
LUXURY GROUP
Largest movements
- Receivables within one year -€28,007
down €28,007 (-75.6%), from €37,032 to €9,025
of which Trade receivables: -€28,534
- Deferred charges and accrued income +€5,750
new in 2025: €5,750
- Cash -€3,662
down €3,662 (-49.8%), from €7,350 to €3,688
mainly Trade debts (-€22,147) and Net result for the year (-€6,027)
- Tangible fixed assets -€1,178
down €1,178 (-12.3%), from €9,614 to €8,435
of which Plant, machinery and equipment: -€693
- Trade debts -€22,147
down €22,147 (-95.4%), from €23,212 to €1,065
- Profit (loss) carried forward -€6,027
down €6,027 (-28.7%), from €21,030 to €15,003
- Tax, wage and social debts +€1,077
up €1,077 (+16.0%), from €6,753 to €7,830
- Gross operating margin -€31,014
down €31,014 (-79.1%), from €39,212 to €8,198
- Taxes -€5,255
no longer reported in 2025 (was €5,255)
- Other operating charges +€2,091
up €2,091 (+19.4%), from €10,787 to €12,878
- Depreciation +€478
up €478 (+68.2%), from €700 to €1,178
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 | €53,995 | €26,899 | -€27,097 | -50.2% |
| Fixed assets | 21/28 | €9,614 | €8,435 | -€1,178 | -12.3% |
| Tangible fixed assets | 22/27 | €9,614 | €8,435 | -€1,178 | -12.3% |
| Plant, machinery and equipment | 23 | €5,158 | €4,465 | -€693 | -13.4% |
| Other tangible fixed assets | 26 | €4,456 | €3,970 | -€485 | -10.9% |
| Current assets | 29/58 | €44,382 | €18,463 | -€25,918 | -58.4% |
| Amounts receivable within one year | 40/41 | €37,032 | €9,025 | -€28,007 | -75.6% |
| Trade receivables | 40 | €30,211 | €1,676 | -€28,534 | -94.5% |
| Other amounts receivable | 41 | €6,821 | €7,348 | +€527 | +7.7% |
| Cash at bank and in hand | 54/58 | €7,350 | €3,688 | -€3,662 | -49.8% |
| Deferred charges and accrued income | 490/1 | - | €5,750 | +€5,750 | |
| Total equity and liabilities | 10/49 | €53,995 | €26,899 | -€27,097 | -50.2% |
| Equity | 10/15 | €24,030 | €18,003 | -€6,027 | -25.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,030 | €15,003 | -€6,027 | -28.7% |
| Amounts payable | 17/49 | €29,965 | €8,896 | -€21,070 | -70.3% |
| Amounts payable within one year | 42/48 | €29,965 | €8,896 | -€21,070 | -70.3% |
| Trade debts | 44 | €23,212 | €1,065 | -€22,147 | -95.4% |
| Suppliers | 440/4 | €23,212 | €1,065 | -€22,147 | -95.4% |
| Taxes, remuneration and social security | 45 | €6,753 | €7,830 | +€1,077 | +16.0% |
| Taxes | 450/3 | €6,753 | €7,830 | +€1,077 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €1,178 | +€478 | +68.2% |
| Other operating charges | 640/8 | €10,787 | €12,878 | +€2,091 | +19.4% |
| Gross operating margin | 9900 | €39,212 | €8,198 | -€31,014 | -79.1% |
| Operating profit (loss) | 9901 | €27,724 | -€5,858 | -€33,582 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €165 | €169 | +€4 | +2.6% |
| Recurring financial charges | 65 | €165 | €169 | +€4 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €27,560 | -€6,027 | -€33,587 | |
| Income taxes | 67/77 | €5,255 | - | -€5,255 | |
| Profit (loss) for the period | 9904 | €22,305 | -€6,027 | -€28,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,305 | -€6,027 | -€28,332 |
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.