Skip to content

LUZA CONCEPT: 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

LUZA CONCEPT

BE 0848.424.851
NACE 68.110, Buying and selling of own real estate
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4,555
2023 · -€12,752+€8,197
Equity
-€52,267
2023 · -€47,711-€4,555
Cash
€2,071
2023 · €1,423+€648
Balance sheet total
€187,796
2023 · €193,106-€5,310

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€4,662

    down €4,662 (-2.5%), from €190,162 to €185,500

Equity and liabilities
  • Profit (loss) carried forward -€4,555

    down €4,555 (-6.9%), from -€66,311 to -€70,867

Income statement
  • Gross operating margin +€8,308

    up €8,308, from -€6,268 to €2,041

  • Other operating charges +€112

    up €112 (+6.7%), from €1,676 to €1,788

From the 2023 result to the 2024 result

effect on the 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 2023 -€12,752
Gross operating margin +€8,308
Other operating charges -€112
Financial income -€0
Result 2024 -€4,555

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€648
Investment €0
Financing €0
Cash 2023 €1,423
Net result for the year -€4,555
Depreciation +€4,662
Receivables within one year +€1,296
Trade debts -€755
Cash 2024 €2,071
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €193,106 €187,796 -€5,310 -2.7%
Fixed assets 21/28 €190,162 €185,500 -€4,662 -2.5%
Tangible fixed assets 22/27 €190,162 €185,500 -€4,662 -2.5%
Land and buildings 22 €190,162 €185,500 -€4,662 -2.5%
Current assets 29/58 €2,944 €2,296 -€648 -22.0%
Amounts receivable within one year 40/41 €1,521 €225 -€1,296 -85.2%
Trade receivables 40 €32 €43 +€11 +33.2%
Other amounts receivable 41 €1,489 €182 -€1,307 -87.8%
Cash at bank and in hand 54/58 €1,423 €2,071 +€648 +45.5%
Total equity and liabilities 10/49 €193,106 €187,796 -€5,310 -2.7%
Equity 10/15 -€47,711 -€52,267 -€4,555 -9.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€66,311 -€70,867 -€4,555 -6.9%
Amounts payable 17/49 €240,818 €240,063 -€755 -0.3%
Amounts payable within one year 42/48 €240,518 €239,763 -€755 -0.3%
Trade debts 44 €755 - -€755
Suppliers 440/4 €755 - -€755
Other amounts payable 47/48 €239,763 €239,763 = 0.0%
Accrued charges and deferred income 492/3 €300 €300 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,662 €4,662 = 0.0%
Other operating charges 640/8 €1,676 €1,788 +€112 +6.7%
Gross operating margin 9900 -€6,268 €2,041 +€8,308
Operating profit (loss) 9901 -€12,606 -€4,409 +€8,197 +65.0%
Financial income 75/76B €0 €0 -€0 -83.3%
Recurring financial income 75 €0 €0 -€0 -83.3%
Financial charges 65/66B €146 €146 = 0.0%
Recurring financial charges 65 €146 €146 = 0.0%
Profit (loss) for the period before taxes 9903 -€12,752 -€4,555 +€8,197 +64.3%
Profit (loss) for the period 9904 -€12,752 -€4,555 +€8,197 +64.3%
Profit (loss) for the period to be appropriated 9905 -€12,752 -€4,555 +€8,197 +64.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.