LUXURY JZ: what changed
LUXURY JZ
Largest movements
- Receivables within one year -€66,559
down €66,559 (-50.3%), from €132,251 to €65,691
of which Trade receivables: -€68,606
- Tangible fixed assets -€37,174
down €37,174 (-26.3%), from €141,143 to €103,970
of which Plant, machinery and equipment: -€36,531
- Trade debts -€71,455
down €71,455 (-98.8%), from €72,308 to €852
- Tax, wage and social debts -€13,096
down €13,096 (-53.2%), from €24,624 to €11,527
of which Taxes: -€12,316
- Profit (loss) carried forward -€11,068
down €11,068 (-26.6%), from €41,678 to €30,609
- Debts after one year -€8,300
down €8,300 (-8.2%), from €101,650 to €93,350
- Gross operating margin -€37,704
down €37,704 (-66.0%), from €57,113 to €19,409
- Taxes -€3,200
no longer reported in 2025 (was €3,200)
- Staff costs -€3,071
down €3,071 (-50.4%), from €6,094 to €3,023
- Other operating charges -€2,791
down €2,791 (-71.5%), from €3,901 to €1,110
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €313,914 | €211,172 | -€102,743 | -32.7% |
| Fixed assets | 21/28 | €166,393 | €129,220 | -€37,174 | -22.3% |
| Tangible fixed assets | 22/27 | €141,143 | €103,970 | -€37,174 | -26.3% |
| Land and buildings | 22 | €1,352 | €1,063 | -€289 | -21.4% |
| Plant, machinery and equipment | 23 | €139,416 | €102,885 | -€36,531 | -26.2% |
| Furniture and vehicles | 24 | €375 | €22 | -€354 | -94.2% |
| Financial fixed assets | 28 | €25,250 | €25,250 | = | 0.0% |
| Current assets | 29/58 | €147,521 | €81,952 | -€65,569 | -44.4% |
| Amounts receivable within one year | 40/41 | €132,251 | €65,691 | -€66,559 | -50.3% |
| Trade receivables | 40 | €68,606 | - | -€68,606 | |
| Other amounts receivable | 41 | €63,645 | €65,691 | +€2,046 | +3.2% |
| Cash at bank and in hand | 54/58 | €15,270 | €16,261 | +€991 | +6.5% |
| Total equity and liabilities | 10/49 | €313,914 | €211,172 | -€102,743 | -32.7% |
| Equity | 10/15 | €42,678 | €31,609 | -€11,068 | -25.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,678 | €30,609 | -€11,068 | -26.6% |
| Amounts payable | 17/49 | €271,237 | €179,562 | -€91,674 | -33.8% |
| Amounts payable after more than one year | 17 | €101,650 | €93,350 | -€8,300 | -8.2% |
| Other amounts payable | 178/9 | €101,650 | €93,350 | -€8,300 | -8.2% |
| Amounts payable within one year | 42/48 | €169,587 | €86,212 | -€83,374 | -49.2% |
| Trade debts | 44 | €72,308 | €852 | -€71,455 | -98.8% |
| Suppliers | 440/4 | €72,308 | €852 | -€71,455 | -98.8% |
| Taxes, remuneration and social security | 45 | €24,624 | €11,527 | -€13,096 | -53.2% |
| Taxes | 450/3 | €23,844 | €11,527 | -€12,316 | -51.7% |
| Remuneration and social security | 454/9 | €780 | - | -€780 | |
| Other amounts payable | 47/48 | €72,655 | €73,833 | +€1,177 | +1.6% |
| Non-recurring operating income | 76A | - | €7,331 | +€7,331 | |
| Remuneration, social security and pensions | 62 | €6,094 | €3,023 | -€3,071 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,816 | €26,405 | -€411 | -1.5% |
| Other operating charges | 640/8 | €3,901 | €1,110 | -€2,791 | -71.5% |
| Gross operating margin | 9900 | €57,113 | €19,409 | -€37,704 | -66.0% |
| Operating profit (loss) | 9901 | €20,303 | -€11,128 | -€31,431 | |
| Financial income | 75/76B | €167 | - | -€167 | |
| Recurring financial income | 75 | €167 | - | -€167 | |
| Financial charges | 65/66B | €356 | -€60 | -€416 | |
| Recurring financial charges | 65 | €356 | -€60 | -€416 | |
| Profit (loss) for the period before taxes | 9903 | €20,113 | -€11,068 | -€31,182 | |
| Income taxes | 67/77 | €3,200 | - | -€3,200 | |
| Profit (loss) for the period | 9904 | €16,913 | -€11,068 | -€27,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,913 | -€11,068 | -€27,982 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.