LUYS: 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.
LUYS
Largest movements
- Receivables within one year -€46,806
down €46,806 (-93.0%), from €50,306 to €3,500
of which Trade receivables: -€46,800
- Tangible fixed assets -€16,525
down €16,525 (-4.3%), from €382,259 to €365,735
of which Furniture and vehicles: -€10,045
- Debts after one year -€45,308
down €45,308 (-13.2%), from €344,508 to €299,199
of which Financial debts: -€30,031
- Current portion of long-term debt -€31,527
down €31,527 (-51.2%), from €61,558 to €30,031
- Profit (loss) carried forward +€8,133
up €8,133 (+6.7%), from -€122,020 to -€113,887
- Trade debts +€7,005
up €7,005 (+452.8%), from €1,547 to €8,552
- Financial charges -€18,303
down €18,303 (-86.7%), from €21,110 to €2,807
- Depreciation -€2,914
down €2,914 (-5.8%), from €50,439 to €47,525
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 | €439,043 | €375,676 | -€63,367 | -14.4% |
| Fixed assets | 21/28 | €382,259 | €365,735 | -€16,525 | -4.3% |
| Tangible fixed assets | 22/27 | €382,259 | €365,735 | -€16,525 | -4.3% |
| Land and buildings | 22 | €365,674 | €359,194 | -€6,480 | -1.8% |
| Furniture and vehicles | 24 | €16,585 | €6,540 | -€10,045 | -60.6% |
| Current assets | 29/58 | €56,784 | €9,941 | -€46,843 | -82.5% |
| Amounts receivable within one year | 40/41 | €50,306 | €3,500 | -€46,806 | -93.0% |
| Trade receivables | 40 | €50,300 | €3,500 | -€46,800 | -93.0% |
| Other amounts receivable | 41 | €6 | €0 | -€6 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,287 | €5,344 | +€2,057 | +62.6% |
| Deferred charges and accrued income | 490/1 | €3,191 | €1,097 | -€2,094 | -65.6% |
| Total equity and liabilities | 10/49 | €439,043 | €375,676 | -€63,367 | -14.4% |
| Equity | 10/15 | €24,712 | €32,846 | +€8,133 | +32.9% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €22,732 | €22,732 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,257 | €3,257 | = | 0.0% |
| Distributable reserves | 133 | €19,475 | €19,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,020 | -€113,887 | +€8,133 | +6.7% |
| Amounts payable | 17/49 | €414,331 | €342,830 | -€71,501 | -17.3% |
| Amounts payable after more than one year | 17 | €344,508 | €299,199 | -€45,308 | -13.2% |
| Financial debts | 170/4 | €30,031 | €0 | -€30,031 | -100.0% |
| Other amounts payable | 178/9 | €314,477 | €299,199 | -€15,277 | -4.9% |
| Amounts payable within one year | 42/48 | €69,761 | €43,631 | -€26,131 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €61,558 | €30,031 | -€31,527 | -51.2% |
| Trade debts | 44 | €1,547 | €8,552 | +€7,005 | +452.8% |
| Suppliers | 440/4 | €1,547 | €8,552 | +€7,005 | +452.8% |
| Advances received on contracts in progress | 46 | €91 | €0 | -€91 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,565 | €5,048 | -€1,517 | -23.1% |
| Taxes | 450/3 | €6,565 | €3,048 | -€3,517 | -53.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €62 | €0 | -€62 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,439 | €47,525 | -€2,914 | -5.8% |
| Other operating charges | 640/8 | €5,479 | €5,737 | +€258 | +4.7% |
| Gross operating margin | 9900 | €64,169 | €64,365 | +€196 | +0.3% |
| Operating profit (loss) | 9901 | €8,251 | €11,103 | +€2,852 | +34.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €21,110 | €2,807 | -€18,303 | -86.7% |
| Recurring financial charges | 65 | €21,110 | €2,807 | -€18,303 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,859 | €8,296 | +€21,155 | |
| Income taxes | 67/77 | €179 | €162 | -€16 | -9.2% |
| Profit (loss) for the period | 9904 | -€13,038 | €8,133 | +€21,171 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,038 | €8,133 | +€21,171 |
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 29 September 2026 via checked.be.