LUYTS: what changed
What changed
LUYTS
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€164,551
2024 · €247,870-€83,319
Equity
€312,371
2024 · €545,289-€232,918
Cash
€267,443
2024 · €203,611+€63,832
Balance sheet total
€1.5m
2024 · €1.4m+€149,312
Largest movements
Assets
- Cash +€63,832
up €63,832 (+31.3%), from €203,611 to €267,443
mainly Other debts (+€350,892) and Net result for the year (+€164,551)
- Financial fixed assets +€50,000
up €50,000 (+49.9%), from €100,135 to €150,135
- Current investments +€24,182
up €24,182 (+101%), from €24,000 to €48,182
- Stocks and contracts +€20,360
up €20,360 (+42.6%), from €47,827 to €68,187
- Receivables within one year -€18,613
down €18,613 (-33.2%), from €56,042 to €37,429
of which Trade receivables: -€22,241
Equity and liabilities
- Other debts +€350,892
up €350,892 (+731%), from €48,031 to €398,922
- Reserves -€232,918
down €232,918 (-44.2%), from €526,689 to €293,771
- Provisions +€98,468
new in 2025: €98,468
- Trade debts +€54,329
up €54,329 (+311%), from €17,486 to €71,816
- Short-term financial debts -€52,059
down €52,059 (-90.0%), from €57,854 to €5,796
Income statement
- Gross operating margin +€149,897
up €149,897 (+16.3%), from €922,346 to €1.1m
- Staff costs +€131,016
up €131,016 (+24.5%), from €534,989 to €666,005
- Provisions +€98,468
new in 2025: €98,468
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
€247,870
Gross operating margin
+€149,897
Staff costs
-€131,016
Depreciation
-€900
Write-downs
+€68
Provisions
-€98,468
Other operating charges
-€1,997
Other operating items
-€1,091
Financial income
+€5,988
Financial charges
+€2,642
Taxes
-€8,442
Result 2025
€164,551
raises the resultlowers the resultnot broken down further in the accounts
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
+€681,253
Investment
-€118,123
Financing
-€499,297
Cash 2024
€203,611
From operations (derived)
+€681,253
Net result for the year
+€164,551
Depreciation
+€38,812
Stocks and contracts
-€20,360
Receivables within one year
+€18,613
Deferred charges and accrued income
-€4,422
Provisions
+€98,468
Trade debts
+€54,329
Tax, wage and social debts
+€13,637
Other debts
+€350,892
Accrued charges and deferred income
-€33,268
Investment (derived)
-€118,123
Investment in fixed assets (net)
-€93,942
Current investments
-€24,182
Financing
-€499,297
Debts after one year
-€47,151
Current portion of long-term debt
-€2,619
Short-term financial debts
-€52,059
Contributions, distributions and other
-€397,469
Cash 2025
€267,443
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,352,515 | €1,501,827 | +€149,312 | +11.0% |
| Fixed assets | 21/28 | €1,007,185 | €1,062,315 | +€55,129 | +5.5% |
| Tangible fixed assets | 22/27 | €907,050 | €912,180 | +€5,129 | +0.6% |
| Land and buildings | 22 | €880,644 | €888,983 | +€8,338 | +0.9% |
| Plant, machinery and equipment | 23 | €3,582 | €5,384 | +€1,802 | +50.3% |
| Furniture and vehicles | 24 | €22,041 | €17,813 | -€4,228 | -19.2% |
| Leasing and similar rights | 25 | €782 | €0 | -€782 | -100% |
| Financial fixed assets | 28 | €100,135 | €150,135 | +€50,000 | +49.9% |
| Current assets | 29/58 | €345,330 | €439,512 | +€94,182 | +27.3% |
| Stocks and contracts in progress | 3 | €47,827 | €68,187 | +€20,360 | +42.6% |
| Stocks | 30/36 | €47,827 | €68,187 | +€20,360 | +42.6% |
| Amounts receivable within one year | 40/41 | €56,042 | €37,429 | -€18,613 | -33.2% |
| Trade receivables | 40 | €51,206 | €28,965 | -€22,241 | -43.4% |
| Other amounts receivable | 41 | €4,836 | €8,463 | +€3,627 | +75.0% |
| Current investments | 50/53 | €24,000 | €48,182 | +€24,182 | +101% |
| Cash at bank and in hand | 54/58 | €203,611 | €267,443 | +€63,832 | +31.3% |
| Deferred charges and accrued income | 490/1 | €13,850 | €18,272 | +€4,422 | +31.9% |
| Total equity and liabilities | 10/49 | €1,352,515 | €1,501,827 | +€149,312 | +11.0% |
| Equity | 10/15 | €545,289 | €312,371 | -€232,918 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €526,689 | €293,771 | -€232,918 | -44.2% |
| Distributable reserves | 133 | €526,689 | €293,771 | -€232,918 | -44.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €98,468 | +€98,468 | |
| Provisions for liabilities and charges | 160/5 | - | €98,468 | +€98,468 | |
| Other liabilities and charges | 164/5 | - | €98,468 | +€98,468 | |
| Amounts payable | 17/49 | €807,226 | €1,090,988 | +€283,762 | +35.2% |
| Amounts payable after more than one year | 17 | €600,397 | €553,247 | -€47,151 | -7.9% |
| Financial debts | 170/4 | €600,397 | €553,247 | -€47,151 | -7.9% |
| Amounts payable within one year | 42/48 | €173,153 | €537,333 | +€364,181 | +210% |
| Current portion of amounts payable after more than one year | 42 | €49,769 | €47,151 | -€2,619 | -5.3% |
| Financial debts | 43 | €57,854 | €5,796 | -€52,059 | -90.0% |
| Credit institutions | 430/8 | €57,854 | €5,796 | -€52,059 | -90.0% |
| Trade debts | 44 | €17,486 | €71,816 | +€54,329 | +311% |
| Suppliers | 440/4 | €17,486 | €71,816 | +€54,329 | +311% |
| Taxes, remuneration and social security | 45 | €12 | €13,649 | +€13,637 | +113,546% |
| Taxes | 450/3 | €12 | €13,649 | +€13,637 | +113,546% |
| Other amounts payable | 47/48 | €48,031 | €398,922 | +€350,892 | +731% |
| Accrued charges and deferred income | 492/3 | €33,676 | €408 | -€33,268 | -98.8% |
| Non-recurring operating income | 76A | €2,044 | €0 | -€2,044 | -100% |
| Remuneration, social security and pensions | 62 | €534,989 | €666,005 | +€131,016 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,912 | €38,812 | +€900 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €68 | €0 | -€68 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €98,468 | +€98,468 | |
| Other operating charges | 640/8 | €5,522 | €7,520 | +€1,997 | +36.2% |
| Non-recurring operating charges | 66A | €509 | €1,600 | +€1,091 | +214% |
| Gross operating margin | 9900 | €922,346 | €1,072,243 | +€149,897 | +16.3% |
| Operating profit (loss) | 9901 | €343,346 | €259,838 | -€83,507 | -24.3% |
| Financial income | 75/76B | €9,277 | €15,265 | +€5,988 | +64.5% |
| Recurring financial income | 75 | €9,277 | €15,265 | +€5,988 | +64.5% |
| Financial charges | 65/66B | €24,546 | €21,904 | -€2,642 | -10.8% |
| Recurring financial charges | 65 | €24,546 | €21,904 | -€2,642 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €328,077 | €253,200 | -€74,877 | -22.8% |
| Income taxes | 67/77 | €80,207 | €88,649 | +€8,442 | +10.5% |
| Profit (loss) for the period | 9904 | €247,870 | €164,551 | -€83,319 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €247,870 | €164,551 | -€83,319 | -33.6% |
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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.