LUXURY WAVE: 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 WAVE
Largest movements
- Cash -€1,802
down €1,802 (-69.2%), from €2,606 to €804
mainly Net result for the year (-€2,298)
- Receivables within one year -€496
down €496 (-55.3%), from €896 to €400
- Profit (loss) carried forward -€2,298
down €2,298 (-50.3%), from -€4,565 to -€6,863
- Gross operating margin +€2,313
up €2,313 (+55.7%), from -€4,154 to -€1,840
- Purchases and services -€2,313
down €2,313 (-55.7%), from €4,154 to €1,840
- Financial charges +€46
up €46 (+72.7%), from €64 to €110
of which Financial charges: +€49
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,870 | €6,572 | -€2,298 | -25.9% |
| Current assets | 29/58 | €8,870 | €6,572 | -€2,298 | -25.9% |
| Stocks and contracts in progress | 3 | €5,368 | €5,368 | = | 0.0% |
| Stocks | 30/36 | €5,368 | €5,368 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €896 | €400 | -€496 | -55.3% |
| Other amounts receivable | 41 | €896 | €400 | -€496 | -55.3% |
| Cash at bank and in hand | 54/58 | €2,606 | €804 | -€1,802 | -69.2% |
| Total equity and liabilities | 10/49 | €8,870 | €6,572 | -€2,298 | -25.9% |
| Equity | 10/15 | €5,435 | €3,137 | -€2,298 | -42.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,565 | -€6,863 | -€2,298 | -50.3% |
| Amounts payable | 17/49 | €3,435 | €3,435 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,435 | €3,435 | = | 0.0% |
| Other amounts payable | 47/48 | €3,435 | €3,435 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,154 | €1,840 | -€2,313 | -55.7% |
| Other operating charges | 640/8 | €348 | €348 | = | 0.0% |
| Gross operating margin | 9900 | -€4,154 | -€1,840 | +€2,313 | +55.7% |
| Operating profit (loss) | 9901 | -€4,501 | -€2,188 | +€2,313 | +51.4% |
| Financial charges | 65/66B | €64 | €110 | +€46 | +72.7% |
| Recurring financial charges | 65 | €61 | €110 | +€49 | +79.8% |
| Non-recurring financial charges | 66B | €3 | - | -€3 | |
| Profit (loss) for the period before taxes | 9903 | -€4,565 | -€2,298 | +€2,267 | +49.7% |
| Profit (loss) for the period | 9904 | -€4,565 | -€2,298 | +€2,267 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,565 | -€2,298 | +€2,267 | +49.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.