LUXURY SERVICE: what changed
LUXURY SERVICE
Largest movements
- Receivables within one year -€4,667
down €4,667 (-20.4%), from €22,874 to €18,207
of which Other amounts receivable: -€3,451
- Cash -€4,128
down €4,128 (-26.5%), from €15,564 to €11,436
mainly Trade debts (-€13,873) and Tax, wage and social debts (-€443)
- Trade debts -€13,873
down €13,873 (-54.4%), from €25,518 to €11,646
- Profit (loss) carried forward +€5,521
up €5,521 (+106%), from €5,196 to €10,717
- Tax, wage and social debts -€443
down €443 (-11.9%), from €3,724 to €3,280
- Turnover -€184,126
no longer reported in 2025 (was €184,126)
- Purchases and services -€145,201
no longer reported in 2025 (was €145,201)
- Staff costs +€41,759
up €41,759 (+163%), from €25,653 to €67,411
- Gross operating margin +€36,964
up €36,964 (+95.0%), from €38,925 to €75,889
- Other operating charges -€16,051
down €16,051 (-85.5%), from €18,773 to €2,721
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 | €38,438 | €29,643 | -€8,795 | -22.9% |
| Current assets | 29/58 | €38,438 | €29,643 | -€8,795 | -22.9% |
| Amounts receivable within one year | 40/41 | €22,874 | €18,207 | -€4,667 | -20.4% |
| Trade receivables | 40 | €3,800 | €2,585 | -€1,215 | -32.0% |
| Other amounts receivable | 41 | €19,074 | €15,623 | -€3,451 | -18.1% |
| Cash at bank and in hand | 54/58 | €15,564 | €11,436 | -€4,128 | -26.5% |
| Total equity and liabilities | 10/49 | €38,438 | €29,643 | -€8,795 | -22.9% |
| Equity | 10/15 | €9,196 | €14,717 | +€5,521 | +60.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,196 | €10,717 | +€5,521 | +106% |
| Amounts payable | 17/49 | €29,242 | €14,926 | -€14,316 | -49.0% |
| Amounts payable within one year | 42/48 | €29,242 | €14,926 | -€14,316 | -49.0% |
| Trade debts | 44 | €25,518 | €11,646 | -€13,873 | -54.4% |
| Suppliers | 440/4 | €25,518 | €11,646 | -€13,873 | -54.4% |
| Taxes, remuneration and social security | 45 | €3,724 | €3,280 | -€443 | -11.9% |
| Taxes | 450/3 | €3,724 | €3,280 | -€443 | -11.9% |
| Turnover | 70 | €184,126 | - | -€184,126 | |
| Goods, raw materials, services and sundry goods | 60/61 | €145,201 | - | -€145,201 | |
| Remuneration, social security and pensions | 62 | €25,653 | €67,411 | +€41,759 | +163% |
| Other operating charges | 640/8 | €18,773 | €2,721 | -€16,051 | -85.5% |
| Gross operating margin | 9900 | €38,925 | €75,889 | +€36,964 | +95.0% |
| Operating profit (loss) | 9901 | -€5,500 | €5,757 | +€11,257 | |
| Financial income | 75/76B | €8,431 | - | -€8,431 | |
| Recurring financial income | 75 | €8,431 | - | -€8,431 | |
| Financial charges | 65/66B | €161 | €236 | +€75 | +46.8% |
| Recurring financial charges | 65 | €161 | €236 | +€75 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €2,770 | €5,521 | +€2,750 | +99.3% |
| Profit (loss) for the period | 9904 | €2,770 | €5,521 | +€2,750 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,770 | €5,521 | +€2,750 | +99.3% |
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 2 November 2026 via checked.be.