Luzir: 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.
Luzir
Largest movements
- Cash +€11,259
up €11,259 (+36.7%), from €30,706 to €41,965
mainly Net result for the year (+€8,166) and Tax, wage and social debts (+€3,052)
- Tangible fixed assets -€2,622
down €2,622 (-47.1%), from €5,564 to €2,942
of which Plant, machinery and equipment: -€1,608
- Receivables within one year -€1,955
down €1,955 (-59.3%), from €3,295 to €1,341
- Current investments +€1,500
up €1,500 (+2.8%), from €53,780 to €55,280
- Reserves +€5,074
up €5,074 (+7.0%), from €72,999 to €78,073
- Tax, wage and social debts +€3,052
up €3,052 (+85.1%), from €3,588 to €6,639
- Other debts +€2,844
up €2,844 (+86.5%), from €3,289 to €6,133
- Trade debts -€2,204
down €2,204 (-91.5%), from €2,410 to €206
- Gross operating margin +€10,008
up €10,008 (+215.7%), from €4,640 to €14,647
- Depreciation -€3,216
down €3,216 (-55.1%), from €5,838 to €2,622
- Taxes +€2,954
up €2,954 (+1221.0%), from €242 to €3,196
- Financial income +€1,458
up €1,458 (+1217.9%), from €120 to €1,577
- Financial charges -€270
down €270 (-15.5%), from €1,742 to €1,472
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,685 | €103,451 | +€8,766 | +9.3% |
| Fixed assets | 21/28 | €5,564 | €2,942 | -€2,622 | -47.1% |
| Tangible fixed assets | 22/27 | €5,564 | €2,942 | -€2,622 | -47.1% |
| Plant, machinery and equipment | 23 | €3,791 | €2,182 | -€1,608 | -42.4% |
| Furniture and vehicles | 24 | €1,773 | €760 | -€1,013 | -57.1% |
| Current assets | 29/58 | €89,121 | €100,509 | +€11,388 | +12.8% |
| Amounts receivable within one year | 40/41 | €3,295 | €1,341 | -€1,955 | -59.3% |
| Trade receivables | 40 | €3,295 | €1,341 | -€1,955 | -59.3% |
| Current investments | 50/53 | €53,780 | €55,280 | +€1,500 | +2.8% |
| Cash at bank and in hand | 54/58 | €30,706 | €41,965 | +€11,259 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,340 | €1,923 | +€584 | +43.6% |
| Total equity and liabilities | 10/49 | €94,685 | €103,451 | +€8,766 | +9.3% |
| Equity | 10/15 | €85,399 | €90,473 | +€5,074 | +5.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €72,999 | €78,073 | +€5,074 | +7.0% |
| Distributable reserves | 133 | €72,999 | €78,073 | +€5,074 | +7.0% |
| Amounts payable | 17/49 | €9,286 | €12,978 | +€3,692 | +39.8% |
| Amounts payable within one year | 42/48 | €9,286 | €12,978 | +€3,692 | +39.8% |
| Trade debts | 44 | €2,410 | €206 | -€2,204 | -91.5% |
| Suppliers | 440/4 | €2,410 | €206 | -€2,204 | -91.5% |
| Taxes, remuneration and social security | 45 | €3,588 | €6,639 | +€3,052 | +85.1% |
| Taxes | 450/3 | €3,588 | €6,639 | +€3,052 | +85.1% |
| Other amounts payable | 47/48 | €3,289 | €6,133 | +€2,844 | +86.5% |
| Non-recurring operating income | 76A | €1,736 | - | -€1,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,838 | €2,622 | -€3,216 | -55.1% |
| Other operating charges | 640/8 | €821 | €769 | -€52 | -6.4% |
| Gross operating margin | 9900 | €4,640 | €14,647 | +€10,008 | +215.7% |
| Operating profit (loss) | 9901 | -€2,019 | €11,257 | +€13,276 | |
| Financial income | 75/76B | €120 | €1,577 | +€1,458 | +1217.9% |
| Recurring financial income | 75 | €120 | €1,577 | +€1,458 | +1217.9% |
| Financial charges | 65/66B | €1,742 | €1,472 | -€270 | -15.5% |
| Recurring financial charges | 65 | €1,742 | €1,472 | -€270 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,641 | €11,362 | +€15,003 | |
| Income taxes | 67/77 | €242 | €3,196 | +€2,954 | +1221.0% |
| Profit (loss) for the period | 9904 | -€3,883 | €8,166 | +€12,049 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,883 | €8,166 | +€12,049 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.