LUXZ: 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.
LUXZ
Largest movements
- Stocks and contracts +€159,260
up €159,260 (+102.7%), from €155,000 to €314,260
- Tangible fixed assets +€15,613
up €15,613 (+11.6%), from €134,561 to €150,173
of which Other tangible fixed assets: +€28,594
- Receivables within one year -€7,762
down €7,762 (-97.4%), from €7,971 to €208
- Short-term financial debts +€149,000
new in 2024: €149,000
- Other debts +€123,584
up €123,584 (+165.3%), from €74,743 to €198,327
- Profit (loss) carried forward -€114,756
down €114,756 (-277.5%), from -€41,351 to -€156,107
- Trade debts +€12,716
up €12,716 (+70.6%), from €18,013 to €30,729
- Debts after one year -€12,380
down €12,380 (-9.3%), from €133,525 to €121,146
- Gross operating margin -€37,326
down €37,326 (-232.3%), from -€16,065 to -€53,391
- Staff costs +€20,768
up €20,768 (+1047.8%), from €1,982 to €22,750
- Financial charges +€11,225
up €11,225 (+126.8%), from €8,854 to €20,078
- Depreciation +€7,180
up €7,180 (+57.6%), from €12,459 to €19,639
- Other operating charges -€6,482
down €6,482 (-98.0%), from €6,617 to €135
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 | €305,442 | €473,865 | +€168,424 | +55.1% |
| Fixed assets | 21/28 | €134,561 | €150,173 | +€15,613 | +11.6% |
| Tangible fixed assets | 22/27 | €134,561 | €150,173 | +€15,613 | +11.6% |
| Plant, machinery and equipment | 23 | €108,463 | €95,481 | -€12,981 | -12.0% |
| Other tangible fixed assets | 26 | €26,098 | €54,692 | +€28,594 | +109.6% |
| Current assets | 29/58 | €170,881 | €323,692 | +€152,811 | +89.4% |
| Stocks and contracts in progress | 3 | €155,000 | €314,260 | +€159,260 | +102.7% |
| Stocks | 30/36 | €155,000 | €314,260 | +€159,260 | +102.7% |
| Amounts receivable within one year | 40/41 | €7,971 | €208 | -€7,762 | -97.4% |
| Other amounts receivable | 41 | €7,971 | €208 | -€7,762 | -97.4% |
| Cash at bank and in hand | 54/58 | €7,215 | €8,813 | +€1,599 | +22.2% |
| Deferred charges and accrued income | 490/1 | €696 | €410 | -€285 | -41.0% |
| Total equity and liabilities | 10/49 | €305,442 | €473,865 | +€168,424 | +55.1% |
| Equity | 10/15 | €18,649 | -€96,107 | -€114,756 | |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,351 | -€156,107 | -€114,756 | -277.5% |
| Amounts payable | 17/49 | €286,793 | €569,973 | +€283,180 | +98.7% |
| Amounts payable after more than one year | 17 | €133,525 | €121,146 | -€12,380 | -9.3% |
| Financial debts | 170/4 | €133,525 | €121,146 | -€12,380 | -9.3% |
| Amounts payable within one year | 42/48 | €152,267 | €448,721 | +€296,454 | +194.7% |
| Current portion of amounts payable after more than one year | 42 | €36,045 | €37,380 | +€1,334 | +3.7% |
| Financial debts | 43 | - | €149,000 | +€149,000 | |
| Credit institutions | 430/8 | - | €149,000 | +€149,000 | |
| Trade debts | 44 | €18,013 | €30,729 | +€12,716 | +70.6% |
| Suppliers | 440/4 | €18,013 | €30,729 | +€12,716 | +70.6% |
| Taxes, remuneration and social security | 45 | €23,466 | €33,285 | +€9,819 | +41.8% |
| Taxes | 450/3 | €23,466 | €32,288 | +€8,822 | +37.6% |
| Remuneration and social security | 454/9 | - | €997 | +€997 | |
| Other amounts payable | 47/48 | €74,743 | €198,327 | +€123,584 | +165.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €106 | -€894 | -89.4% |
| Remuneration, social security and pensions | 62 | €1,982 | €22,750 | +€20,768 | +1047.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,459 | €19,639 | +€7,180 | +57.6% |
| Other operating charges | 640/8 | €6,617 | €135 | -€6,482 | -98.0% |
| Gross operating margin | 9900 | -€16,065 | -€53,391 | -€37,326 | -232.3% |
| Operating profit (loss) | 9901 | -€37,124 | -€95,916 | -€58,792 | -158.4% |
| Financial income | 75/76B | €4,626 | €1,237 | -€3,389 | -73.3% |
| Recurring financial income | 75 | €4,626 | €1,237 | -€3,389 | -73.3% |
| Financial charges | 65/66B | €8,854 | €20,078 | +€11,225 | +126.8% |
| Recurring financial charges | 65 | €8,854 | €20,078 | +€11,225 | +126.8% |
| Profit (loss) for the period before taxes | 9903 | -€41,351 | -€114,756 | -€73,405 | -177.5% |
| Profit (loss) for the period | 9904 | -€41,351 | -€114,756 | -€73,405 | -177.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,351 | -€114,756 | -€73,405 | -177.5% |
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 6 October 2026 via checked.be.