LXW: 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.
LXW
Largest movements
- Cash -€36,799
down €36,799 (-23.6%), from €155,679 to €118,880
mainly Contributions, distributions and other (-€134,719) and Other debts (-€35,313)
- Receivables within one year -€3,511
down €3,511 (-22.7%), from €15,499 to €11,988
- Other debts -€35,313
down €35,313 (-29.5%), from €119,755 to €84,442
- Tax, wage and social debts -€4,758
down €4,758 (-16.2%), from €29,355 to €24,597
- Gross operating margin +€20,625
up €20,625 (+13.3%), from €154,995 to €175,620
- Taxes +€5,278
up €5,278 (+15.6%), from €33,867 to €39,145
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 | €173,586 | €132,472 | -€41,115 | -23.7% |
| Fixed assets | 21/28 | €1,555 | €717 | -€839 | -53.9% |
| Tangible fixed assets | 22/27 | €1,555 | €717 | -€839 | -53.9% |
| Plant, machinery and equipment | 23 | €723 | €329 | -€394 | -54.5% |
| Furniture and vehicles | 24 | €832 | €387 | -€444 | -53.4% |
| Current assets | 29/58 | €172,031 | €131,755 | -€40,276 | -23.4% |
| Amounts receivable within one year | 40/41 | €15,499 | €11,988 | -€3,511 | -22.7% |
| Other amounts receivable | 41 | €15,499 | €11,988 | -€3,511 | -22.7% |
| Cash at bank and in hand | 54/58 | €155,679 | €118,880 | -€36,799 | -23.6% |
| Deferred charges and accrued income | 490/1 | €854 | €887 | +€33 | +3.9% |
| Total equity and liabilities | 10/49 | €173,586 | €132,472 | -€41,115 | -23.7% |
| Equity | 10/15 | €22,000 | €22,000 | = | 0.0% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Amounts payable | 17/49 | €151,586 | €110,472 | -€41,115 | -27.1% |
| Amounts payable within one year | 42/48 | €151,586 | €110,472 | -€41,115 | -27.1% |
| Trade debts | 44 | €2,476 | €1,433 | -€1,044 | -42.1% |
| Suppliers | 440/4 | €2,476 | €1,433 | -€1,044 | -42.1% |
| Taxes, remuneration and social security | 45 | €29,355 | €24,597 | -€4,758 | -16.2% |
| Taxes | 450/3 | €29,355 | €24,597 | -€4,758 | -16.2% |
| Other amounts payable | 47/48 | €119,755 | €84,442 | -€35,313 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,091 | €839 | -€253 | -23.2% |
| Other operating charges | 640/8 | €751 | €817 | +€66 | +8.8% |
| Gross operating margin | 9900 | €154,995 | €175,620 | +€20,625 | +13.3% |
| Operating profit (loss) | 9901 | €153,152 | €173,964 | +€20,812 | +13.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €99 | €100 | +€1 | +1.4% |
| Recurring financial charges | 65 | €99 | €100 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €153,053 | €173,864 | +€20,810 | +13.6% |
| Income taxes | 67/77 | €33,867 | €39,145 | +€5,278 | +15.6% |
| Profit (loss) for the period | 9904 | €119,186 | €134,719 | +€15,532 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,186 | €134,719 | +€15,532 | +13.0% |
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 18 October 2026 via checked.be.