LUYGUY: 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.
LUYGUY
Largest movements
- Tangible fixed assets -€56,981
down €56,981 (-21.4%), from €265,940 to €208,959
of which Furniture and vehicles: -€46,901
- Receivables within one year +€42,965
up €42,965 (+37.2%), from €115,455 to €158,419
of which Other amounts receivable: +€42,354
- Deferred charges and accrued income +€8,545
up €8,545 (+8.1%), from €105,307 to €113,852
- Reserves +€45,024
up €45,024 (+14.9%), from €302,654 to €347,678
of which Distributable reserves: +€45,024
- Debts after one year -€32,047
down €32,047 (-57.4%), from €55,839 to €23,792
- Tax, wage and social debts -€18,253
down €18,253 (-22.7%), from €80,310 to €62,056
- Gross operating margin -€14,781
down €14,781 (-8.0%), from €183,890 to €169,109
- Taxes -€6,432
down €6,432 (-15.4%), from €41,812 to €35,379
- Depreciation +€2,320
up €2,320 (+4.1%), from €56,210 to €58,530
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,476 | €488,498 | -€4,977 | -1.0% |
| Fixed assets | 21/28 | €265,940 | €208,959 | -€56,981 | -21.4% |
| Tangible fixed assets | 22/27 | €265,940 | €208,959 | -€56,981 | -21.4% |
| Plant, machinery and equipment | 23 | €5,504 | €4,565 | -€939 | -17.1% |
| Furniture and vehicles | 24 | €143,829 | €96,928 | -€46,901 | -32.6% |
| Other tangible fixed assets | 26 | €116,608 | €107,467 | -€9,141 | -7.8% |
| Current assets | 29/58 | €227,536 | €279,539 | +€52,003 | +22.9% |
| Amounts receivable within one year | 40/41 | €115,455 | €158,419 | +€42,965 | +37.2% |
| Trade receivables | 40 | €5,525 | €6,135 | +€610 | +11.0% |
| Other amounts receivable | 41 | €109,930 | €152,284 | +€42,354 | +38.5% |
| Cash at bank and in hand | 54/58 | €6,774 | €7,268 | +€493 | +7.3% |
| Deferred charges and accrued income | 490/1 | €105,307 | €113,852 | +€8,545 | +8.1% |
| Total equity and liabilities | 10/49 | €493,476 | €488,498 | -€4,977 | -1.0% |
| Equity | 10/15 | €315,054 | €360,078 | +€45,024 | +14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €302,654 | €347,678 | +€45,024 | +14.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €302,654 | €347,678 | +€45,024 | +14.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,422 | €128,420 | -€50,002 | -28.0% |
| Amounts payable after more than one year | 17 | €55,839 | €23,792 | -€32,047 | -57.4% |
| Financial debts | 170/4 | €55,839 | €23,792 | -€32,047 | -57.4% |
| Amounts payable within one year | 42/48 | €120,189 | €102,235 | -€17,954 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €31,718 | €32,047 | +€329 | +1.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,162 | €8,132 | -€29 | -0.4% |
| Suppliers | 440/4 | €8,162 | €8,132 | -€29 | -0.4% |
| Taxes, remuneration and social security | 45 | €80,310 | €62,056 | -€18,253 | -22.7% |
| Taxes | 450/3 | €80,310 | €62,056 | -€18,253 | -22.7% |
| Accrued charges and deferred income | 492/3 | €2,394 | €2,393 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,210 | €58,530 | +€2,320 | +4.1% |
| Other operating charges | 640/8 | €2,731 | €2,628 | -€103 | -3.8% |
| Gross operating margin | 9900 | €183,890 | €169,109 | -€14,781 | -8.0% |
| Operating profit (loss) | 9901 | €124,949 | €107,952 | -€16,997 | -13.6% |
| Financial income | 75/76B | €6,144 | €7,106 | +€962 | +15.7% |
| Recurring financial income | 75 | €6,144 | €7,106 | +€962 | +15.7% |
| Financial charges | 65/66B | €1,614 | €1,699 | +€85 | +5.3% |
| Recurring financial charges | 65 | €1,614 | €1,699 | +€85 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €129,480 | €113,360 | -€16,120 | -12.4% |
| Income taxes | 67/77 | €41,812 | €35,379 | -€6,432 | -15.4% |
| Profit (loss) for the period | 9904 | €87,668 | €77,980 | -€9,688 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,668 | €77,980 | -€9,688 | -11.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.