LUYTEN SYSTEMS: 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.
LUYTEN SYSTEMS
Largest movements
- Receivables within one year -€29,810
down €29,810 (-28.2%), from €105,805 to €75,995
of which Trade receivables: -€24,713
- Cash -€18,337
down €18,337 (-64.7%), from €28,335 to €9,998
mainly Trade debts (-€37,357) and Investment in fixed assets (net) (-€16,290)
- Tangible fixed assets +€9,600
up €9,600 (+85.8%), from €11,190 to €20,790
of which Furniture and vehicles: +€13,640
- Stocks and contracts +€5,465
up €5,465 (+22.4%), from €24,350 to €29,815
- Trade debts -€37,357
down €37,357 (-41.2%), from €90,694 to €53,336
- Reserves +€3,839
up €3,839 (+11.6%), from €33,114 to €36,952
- Financial charges -€3,201
down €3,201 (-63.1%), from €5,075 to €1,874
- Depreciation +€2,190
up €2,190 (+48.7%), from €4,501 to €6,690
- Gross operating margin +€1,159
up €1,159 (+8.7%), from €13,322 to €14,481
- Taxes +€582
up €582 (+42.8%), from €1,360 to €1,943
- Financial income +€471
up €471 (+119%), from €396 to €867
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.
Derived cash bridge
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 | €172,515 | €139,629 | -€32,886 | -19.1% |
| Fixed assets | 21/28 | €11,190 | €20,790 | +€9,600 | +85.8% |
| Tangible fixed assets | 22/27 | €11,190 | €20,790 | +€9,600 | +85.8% |
| Land and buildings | 22 | €617 | €309 | -€309 | -50.0% |
| Plant, machinery and equipment | 23 | €9,956 | €6,223 | -€3,732 | -37.5% |
| Furniture and vehicles | 24 | €617 | €14,258 | +€13,640 | +2,210% |
| Current assets | 29/58 | €161,325 | €118,840 | -€42,486 | -26.3% |
| Stocks and contracts in progress | 3 | €24,350 | €29,815 | +€5,465 | +22.4% |
| Stocks | 30/36 | €24,350 | €29,815 | +€5,465 | +22.4% |
| Amounts receivable within one year | 40/41 | €105,805 | €75,995 | -€29,810 | -28.2% |
| Trade receivables | 40 | €94,381 | €69,668 | -€24,713 | -26.2% |
| Other amounts receivable | 41 | €11,424 | €6,327 | -€5,097 | -44.6% |
| Cash at bank and in hand | 54/58 | €28,335 | €9,998 | -€18,337 | -64.7% |
| Deferred charges and accrued income | 490/1 | €2,835 | €3,031 | +€196 | +6.9% |
| Total equity and liabilities | 10/49 | €172,515 | €139,629 | -€32,886 | -19.1% |
| Equity | 10/15 | €79,152 | €82,990 | +€3,839 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,114 | €36,952 | +€3,839 | +11.6% |
| Distributable reserves | 133 | €33,114 | €36,952 | +€3,839 | +11.6% |
| Profit (loss) carried forward | 14 | €27,438 | €27,438 | = | 0.0% |
| Amounts payable | 17/49 | €93,364 | €56,639 | -€36,725 | -39.3% |
| Amounts payable within one year | 42/48 | €93,364 | €56,639 | -€36,725 | -39.3% |
| Trade debts | 44 | €90,694 | €53,336 | -€37,357 | -41.2% |
| Suppliers | 440/4 | €90,694 | €53,336 | -€37,357 | -41.2% |
| Taxes, remuneration and social security | 45 | €2,670 | €3,303 | +€633 | +23.7% |
| Taxes | 450/3 | €2,670 | €3,303 | +€633 | +23.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €24,522 | +€24,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,501 | €6,690 | +€2,190 | +48.7% |
| Other operating charges | 640/8 | €858 | €1,002 | +€144 | +16.7% |
| Gross operating margin | 9900 | €13,322 | €14,481 | +€1,159 | +8.7% |
| Operating profit (loss) | 9901 | €7,963 | €6,788 | -€1,175 | -14.8% |
| Financial income | 75/76B | €396 | €867 | +€471 | +119% |
| Recurring financial income | 75 | €396 | €867 | +€471 | +119% |
| Financial charges | 65/66B | €5,075 | €1,874 | -€3,201 | -63.1% |
| Recurring financial charges | 65 | €5,075 | €1,874 | -€3,201 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €3,284 | €5,781 | +€2,497 | +76.0% |
| Income taxes | 67/77 | €1,360 | €1,943 | +€582 | +42.8% |
| Profit (loss) for the period | 9904 | €1,924 | €3,839 | +€1,915 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,924 | €3,839 | +€1,915 | +99.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.