LUYTEN - THIELS: what changed
What changed
LUYTEN - THIELS
NACE 47.523, Retail trade
filed annual accounts (NBB)
Net result for the year
-€15,905
2024 · €48-€15,953
Equity
€53,648
2024 · €69,553-€15,905
Cash
€4,464
2024 · €3,602+€861
Balance sheet total
€89,292
2024 · €113,947-€24,655
Largest movements
Assets
- Receivables within one year -€25,568
down €25,568 (-92.0%), from €27,800 to €2,232
of which Other amounts receivable: -€22,938
- Stocks and contracts +€1,502
up €1,502 (+30.7%), from €4,892 to €6,394
Equity and liabilities
- Profit (loss) carried forward -€15,905
down €15,905 (-49.5%), from -€32,136 to -€48,042
- Trade debts -€8,815
down €8,815 (-49.7%), from €17,732 to €8,917
- Other debts +€4,935
up €4,935 (+47.0%), from €10,499 to €15,434
- Tax, wage and social debts -€4,236
down €4,236 (-78.9%), from €5,368 to €1,132
Income statement
- Gross operating margin -€15,921
down €15,921, from €67 to -€15,854
- Financial income -€747
down €747 (-19.4%), from €3,859 to €3,112
- Depreciation -€214
down €214 (-18.3%), from €1,169 to €956
- Other operating charges -€200
down €200 (-23.6%), from €850 to €650
- Taxes -€172
down €172 (-100%), from €172 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€48
Gross operating margin
-€15,921
Depreciation
+€214
Other operating charges
+€200
Financial income
-€747
Financial charges
+€129
Taxes
+€172
Result 2025
-€15,905
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,187
Investment
€0
Financing
-€326
Cash 2024
€3,602
From operations (derived)
+€1,187
Net result for the year
-€15,905
Depreciation
+€956
Stocks and contracts
-€1,502
Receivables within one year
+€25,568
Deferred charges and accrued income
+€495
Trade debts
-€8,815
Tax, wage and social debts
-€4,236
Advances received
-€308
Other debts
+€4,935
Financing
-€326
Short-term financial debts
-€326
Cash 2025
€4,464
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,947 | €89,292 | -€24,655 | -21.6% |
| Fixed assets | 21/28 | €1,098 | €143 | -€956 | -87.0% |
| Tangible fixed assets | 22/27 | €963 | €8 | -€956 | -99.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €963 | €8 | -€956 | -99.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €112,848 | €89,149 | -€23,699 | -21.0% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,892 | €6,394 | +€1,502 | +30.7% |
| Stocks | 30/36 | €4,892 | €6,394 | +€1,502 | +30.7% |
| Amounts receivable within one year | 40/41 | €27,800 | €2,232 | -€25,568 | -92.0% |
| Trade receivables | 40 | €4,862 | €2,232 | -€2,629 | -54.1% |
| Other amounts receivable | 41 | €22,938 | €0 | -€22,938 | -100% |
| Cash at bank and in hand | 54/58 | €3,602 | €4,464 | +€861 | +23.9% |
| Deferred charges and accrued income | 490/1 | €1,554 | €1,059 | -€495 | -31.8% |
| Total equity and liabilities | 10/49 | €113,947 | €89,292 | -€24,655 | -21.6% |
| Equity | 10/15 | €69,553 | €53,648 | -€15,905 | -22.9% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €33,519 | €33,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €31,659 | €33,519 | +€1,859 | +5.9% |
| Profit (loss) carried forward | 14 | -€32,136 | -€48,042 | -€15,905 | -49.5% |
| Amounts payable | 17/49 | €44,394 | €35,644 | -€8,749 | -19.7% |
| Amounts payable within one year | 42/48 | €44,394 | €35,644 | -€8,749 | -19.7% |
| Financial debts | 43 | €10,307 | €9,981 | -€326 | -3.2% |
| Credit institutions | 430/8 | €10,307 | €9,981 | -€326 | -3.2% |
| Trade debts | 44 | €17,732 | €8,917 | -€8,815 | -49.7% |
| Suppliers | 440/4 | €17,732 | €8,917 | -€8,815 | -49.7% |
| Advances received on contracts in progress | 46 | €488 | €180 | -€308 | -63.1% |
| Taxes, remuneration and social security | 45 | €5,368 | €1,132 | -€4,236 | -78.9% |
| Taxes | 450/3 | €5,368 | €1,132 | -€4,236 | -78.9% |
| Other amounts payable | 47/48 | €10,499 | €15,434 | +€4,935 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,169 | €956 | -€214 | -18.3% |
| Other operating charges | 640/8 | €850 | €650 | -€200 | -23.6% |
| Gross operating margin | 9900 | €67 | -€15,854 | -€15,921 | |
| Operating profit (loss) | 9901 | -€1,952 | -€17,459 | -€15,507 | -794% |
| Financial income | 75/76B | €3,859 | €3,112 | -€747 | -19.4% |
| Recurring financial income | 75 | €3,859 | €3,112 | -€747 | -19.4% |
| Financial charges | 65/66B | €1,687 | €1,558 | -€129 | -7.6% |
| Recurring financial charges | 65 | €1,687 | €1,558 | -€129 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €220 | -€15,905 | -€16,125 | |
| Income taxes | 67/77 | €172 | €0 | -€172 | -100% |
| Profit (loss) for the period | 9904 | €48 | -€15,905 | -€15,953 | |
| Profit (loss) for the period to be appropriated | 9905 | €48 | -€15,905 | -€15,953 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.