LUXURY SELECTION: what changed
Two fiscal 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 SELECTION
Largest movements
- Receivables within one year +€125,437
up €125,437 (+7973.9%), from €1,573 to €127,010
- Stocks and contracts -€30,809
down €30,809 (-13.0%), from €236,445 to €205,636
- Financial fixed assets -€7,200
down €7,200 (-32.5%), from €22,120 to €14,920
- Cash +€4,653
up €4,653 (+87.4%), from €5,322 to €9,975
mainly Trade debts (+€151,952) and Stocks and contracts (+€30,809)
- Tangible fixed assets -€3,704
down €3,704 (-42.9%), from €8,629 to €4,925
of which Other tangible fixed assets: -€4,410
- Trade debts +€151,952
up €151,952 (+185.6%), from €81,860 to €233,812
- Other debts -€48,580
down €48,580 (-27.5%), from €176,707 to €128,127
- Tax, wage and social debts -€8,418
down €8,418 (-48.3%), from €17,411 to €8,993
- Profit (loss) carried forward -€6,527
down €6,527 (-66.0%), from -€9,888 to -€16,415
- Purchases and services +€72,358
up €72,358 (+30.8%), from €234,804 to €307,162
- Gross operating margin -€15,296
down €15,296 (-92.2%), from €16,582 to €1,286
- Other operating charges +€2,876
up €2,876 (+387.0%), from €743 to €3,619
- Financial charges -€2,749
down €2,749 (-72.7%), from €3,783 to €1,035
of which Non-recurring financial charges: -€2,603
- Depreciation +€866
up €866 (+37.7%), from €2,294 to €3,159
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.
Cash bridge derived
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 | €274,090 | €362,516 | +€88,426 | +32.3% |
| Fixed assets | 21/28 | €30,749 | €19,845 | -€10,904 | -35.5% |
| Tangible fixed assets | 22/27 | €8,629 | €4,925 | -€3,704 | -42.9% |
| Furniture and vehicles | 24 | - | €706 | +€706 | |
| Other tangible fixed assets | 26 | €8,629 | €4,219 | -€4,410 | -51.1% |
| Financial fixed assets | 28 | €22,120 | €14,920 | -€7,200 | -32.5% |
| Current assets | 29/58 | €243,341 | €342,671 | +€99,331 | +40.8% |
| Stocks and contracts in progress | 3 | €236,445 | €205,636 | -€30,809 | -13.0% |
| Stocks | 30/36 | €236,445 | €205,636 | -€30,809 | -13.0% |
| Amounts receivable within one year | 40/41 | €1,573 | €127,010 | +€125,437 | +7973.9% |
| Trade receivables | 40 | €1,573 | €127,010 | +€125,437 | +7973.9% |
| Cash at bank and in hand | 54/58 | €5,322 | €9,975 | +€4,653 | +87.4% |
| Deferred charges and accrued income | 490/1 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €274,090 | €362,516 | +€88,426 | +32.3% |
| Equity | 10/15 | -€1,888 | -€8,415 | -€6,527 | -345.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,888 | -€16,415 | -€6,527 | -66.0% |
| Amounts payable | 17/49 | €275,978 | €370,931 | +€94,954 | +34.4% |
| Amounts payable within one year | 42/48 | €275,978 | €370,931 | +€94,954 | +34.4% |
| Trade debts | 44 | €81,860 | €233,812 | +€151,952 | +185.6% |
| Suppliers | 440/4 | €81,860 | €233,812 | +€151,952 | +185.6% |
| Taxes, remuneration and social security | 45 | €17,411 | €8,993 | -€8,418 | -48.3% |
| Taxes | 450/3 | €17,411 | €8,993 | -€8,418 | -48.3% |
| Other amounts payable | 47/48 | €176,707 | €128,127 | -€48,580 | -27.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €234,804 | €307,162 | +€72,358 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,294 | €3,159 | +€866 | +37.7% |
| Other operating charges | 640/8 | €743 | €3,619 | +€2,876 | +387.0% |
| Gross operating margin | 9900 | €16,582 | €1,286 | -€15,296 | -92.2% |
| Operating profit (loss) | 9901 | €13,545 | -€5,493 | -€19,038 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,783 | €1,035 | -€2,749 | -72.7% |
| Recurring financial charges | 65 | €842 | €696 | -€146 | -17.3% |
| Non-recurring financial charges | 66B | €2,941 | €339 | -€2,603 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €9,763 | -€6,527 | -€16,291 | |
| Profit (loss) for the period | 9904 | €9,763 | -€6,527 | -€16,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,763 | -€6,527 | -€16,291 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.