LUYTEN: 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.
What changed
LUYTEN
NACE 20.412, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€479,874
2024 · -€151,912+€631,786
Equity
€4.6m
2024 · €4.1m+€479,874
Cash
€343,682
2024 · €213,819+€129,863
Balance sheet total
€6.6m
2024 · €6.4m+€203,654
Largest movements
Assets
- Tangible fixed assets -€256,352
down €256,352 (-32.6%), from €786,911 to €530,559
of which Plant, machinery and equipment: -€185,419
- Stocks and contracts +€208,025
up €208,025 (+15.2%), from €1.4m to €1.6m
- Cash +€129,863
up €129,863 (+60.7%), from €213,819 to €343,682
mainly Net result for the year (+€479,874) and Depreciation (+€300,425)
Equity and liabilities
- Profit (loss) carried forward +€479,874
up €479,874 (+12.0%), from €4.0m to €4.5m
- Trade debts -€210,100
down €210,100 (-10.6%), from €2.0m to €1.8m
Income statement
- Turnover +€639,948
up €639,948 (+5.6%), from €11.4m to €12.1m
- Staff costs -€226,665
down €226,665 (-12.2%), from €1.9m to €1.6m
- Services and other goods +€171,694
up €171,694 (+8.3%), from €2.1m to €2.2m
- Goods and materials +€146,472
up €146,472 (+2.0%), from €7.2m to €7.4m
of which Purchases: +€511,294
- Other operating income -€136,861
down €136,861 (-69.8%), from €196,099 to €59,237
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.
Result 2024
-€151,912
Turnover
+€639,948
Other operating income
-€136,861
Goods and materials
-€146,472
Services and other goods
-€171,694
Staff costs
+€226,665
Depreciation
+€71,283
Write-downs
-€12,041
Other operating charges
+€4,078
Other operating items
+€60,873
Financial income
+€24,809
Financial charges
+€71,367
Taxes
-€168
Result 2025
€479,874
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.
From operations
+€228,276
Investment
-€89,343
Financing
-€9,070
Cash 2024
€213,819
From operations (derived)
+€228,276
Net result for the year
+€479,874
Depreciation
+€300,425
Stocks and contracts
-€208,025
Receivables within one year
-€47,568
Deferred charges and accrued income
-€29,279
Trade debts
-€210,100
Tax, wage and social debts
-€40,318
Advances received
+€4,694
Accrued charges and deferred income
-€21,426
Investment (derived)
-€89,343
Investment in fixed assets (net)
-€89,343
Financing
-€9,070
Debts after one year
-€8,796
Current portion of long-term debt
-€274
Cash 2025
€343,682
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,439,896 | €6,643,550 | +€203,654 | +3.2% |
| Fixed assets | 21/28 | €786,911 | €575,829 | -€211,082 | -26.8% |
| Intangible fixed assets | 21 | - | €45,270 | +€45,270 | |
| Tangible fixed assets | 22/27 | €786,911 | €530,559 | -€256,352 | -32.6% |
| Land and buildings | 22 | €102,167 | €118,358 | +€16,190 | +15.8% |
| Plant, machinery and equipment | 23 | €506,716 | €321,297 | -€185,419 | -36.6% |
| Furniture and vehicles | 24 | €65,253 | €72,230 | +€6,976 | +10.7% |
| Leasing and similar rights | 25 | €9,756 | - | -€9,756 | |
| Assets under construction and advance payments | 27 | €103,018 | €18,675 | -€84,343 | -81.9% |
| Current assets | 29/58 | €5,652,985 | €6,067,721 | +€414,736 | +7.3% |
| Stocks and contracts in progress | 3 | €1,365,451 | €1,573,476 | +€208,025 | +15.2% |
| Stocks | 30/36 | €1,365,451 | €1,573,476 | +€208,025 | +15.2% |
| Raw materials and consumables | 30/31 | €869,115 | €1,045,537 | +€176,422 | +20.3% |
| Finished goods | 33 | €492,691 | €524,293 | +€31,603 | +6.4% |
| Goods purchased for resale | 34 | €3,646 | €3,646 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,042,016 | €4,089,585 | +€47,568 | +1.2% |
| Trade receivables | 40 | €3,750,323 | €3,873,471 | +€123,148 | +3.3% |
| Other amounts receivable | 41 | €291,693 | €216,113 | -€75,580 | -25.9% |
| Cash at bank and in hand | 54/58 | €213,819 | €343,682 | +€129,863 | +60.7% |
| Deferred charges and accrued income | 490/1 | €31,698 | €60,977 | +€29,279 | +92.4% |
| Total equity and liabilities | 10/49 | €6,439,896 | €6,643,550 | +€203,654 | +3.2% |
| Equity | 10/15 | €4,075,299 | €4,555,174 | +€479,874 | +11.8% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €6,400 | €6,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,004,899 | €4,484,774 | +€479,874 | +12.0% |
| Amounts payable | 17/49 | €2,364,597 | €2,088,376 | -€276,220 | -11.7% |
| Amounts payable after more than one year | 17 | €30,704 | €21,908 | -€8,796 | -28.6% |
| Financial debts | 170/4 | €30,704 | €21,908 | -€8,796 | -28.6% |
| Credit institutions | 173 | €30,704 | €21,908 | -€8,796 | -28.6% |
| Amounts payable within one year | 42/48 | €2,304,266 | €2,058,268 | -€245,998 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €9,070 | €8,796 | -€274 | -3.0% |
| Trade debts | 44 | €1,985,866 | €1,775,766 | -€210,100 | -10.6% |
| Suppliers | 440/4 | €1,985,866 | €1,775,766 | -€210,100 | -10.6% |
| Advances received on contracts in progress | 46 | €35,662 | €40,356 | +€4,694 | +13.2% |
| Taxes, remuneration and social security | 45 | €273,667 | €233,349 | -€40,318 | -14.7% |
| Taxes | 450/3 | €6,618 | €2,973 | -€3,645 | -55.1% |
| Remuneration and social security | 454/9 | €267,049 | €230,376 | -€36,674 | -13.7% |
| Accrued charges and deferred income | 492/3 | €29,626 | €8,200 | -€21,426 | -72.3% |
| Operating income | 70/76A | €11,603,917 | €12,173,962 | +€570,044 | +4.9% |
| Turnover | 70 | €11,443,174 | €12,083,121 | +€639,948 | +5.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€35,355 | €31,603 | +€66,958 | |
| Other operating income | 74 | €196,099 | €59,237 | -€136,861 | -69.8% |
| Operating charges | 60/66A | €11,562,542 | €11,596,808 | +€34,266 | +0.3% |
| Goods for resale, raw materials and consumables | 60 | €7,220,004 | €7,366,476 | +€146,472 | +2.0% |
| Purchases | 600/8 | €7,031,604 | €7,542,898 | +€511,294 | +7.3% |
| Change in stocks: decrease (increase) | 609 | €188,399 | -€176,422 | -€364,822 | |
| Services and other goods | 61 | €2,077,718 | €2,249,411 | +€171,694 | +8.3% |
| Remuneration, social security and pensions | 62 | €1,854,191 | €1,627,526 | -€226,665 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371,708 | €300,425 | -€71,283 | -19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,041 | +€12,041 | |
| Other operating charges | 640/8 | €38,922 | €34,844 | -€4,078 | -10.5% |
| Non-recurring operating charges | 66A | - | €6,085 | +€6,085 | |
| Operating profit (loss) | 9901 | €41,375 | €577,154 | +€535,778 | +1294.9% |
| Financial income | 75/76B | €30,276 | €55,085 | +€24,809 | +81.9% |
| Recurring financial income | 75 | €30,276 | €55,085 | +€24,809 | +81.9% |
| Income from current assets | 751 | - | €0 | +€0 | |
| Other financial income | 752/9 | €30,276 | €55,085 | +€24,809 | +81.9% |
| Financial charges | 65/66B | €222,351 | €150,984 | -€71,367 | -32.1% |
| Recurring financial charges | 65 | €41,732 | €150,984 | +€109,252 | +261.8% |
| Debt charges | 650 | €7,718 | €2,416 | -€5,302 | -68.7% |
| Other financial charges | 652/9 | €34,013 | €148,568 | +€114,555 | +336.8% |
| Non-recurring financial charges | 66B | €180,619 | - | -€180,619 | |
| Profit (loss) for the period before taxes | 9903 | -€150,699 | €481,255 | +€631,954 | |
| Income taxes | 67/77 | €1,213 | €1,380 | +€168 | +13.8% |
| Taxes | 670/3 | €1,213 | €1,380 | +€168 | +13.8% |
| Profit (loss) for the period | 9904 | -€151,912 | €479,874 | +€631,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€151,912 | €479,874 | +€631,786 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.