RESTOLUX: 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.
RESTOLUX
Largest movements
- Receivables after one year +€78,699
up €78,699 (+29.4%), from €267,602 to €346,302
- Cash -€40,021
down €40,021 (-40.3%), from €99,349 to €59,328
mainly Receivables after one year (-€78,699) and Tax, wage and social debts (-€10,325)
- Tangible fixed assets -€20,981
down €20,981 (-66.9%), from €31,373 to €10,392
of which Other tangible fixed assets: -€18,279
- Receivables within one year -€5,161
down €5,161 (-57.9%), from €8,913 to €3,753
- Trade debts +€28,960
up €28,960 (+89.2%), from €32,477 to €61,436
- Reserves +€13,229
up €13,229 (+3.7%), from €361,895 to €375,124
- Tax, wage and social debts -€10,325
down €10,325 (-48.7%), from €21,184 to €10,860
of which Taxes: -€8,913
- Debts after one year -€9,281
no longer reported in 2025 (was €9,281)
- Current portion of long-term debt -€7,047
down €7,047 (-43.2%), from €16,327 to €9,281
- Staff costs +€20,682
up €20,682 (+29.0%), from €71,398 to €92,080
- Gross operating margin -€10,680
down €10,680 (-7.1%), from €149,745 to €139,065
- Taxes -€9,118
down €9,118 (-64.8%), from €14,079 to €4,960
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 | €459,764 | €475,300 | +€15,537 | +3.4% |
| Fixed assets | 21/28 | €33,973 | €12,992 | -€20,981 | -61.8% |
| Tangible fixed assets | 22/27 | €31,373 | €10,392 | -€20,981 | -66.9% |
| Plant, machinery and equipment | 23 | €5,935 | €3,233 | -€2,702 | -45.5% |
| Other tangible fixed assets | 26 | €25,438 | €7,159 | -€18,279 | -71.9% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €425,790 | €462,308 | +€36,518 | +8.6% |
| Amounts receivable after more than one year | 29 | €267,602 | €346,302 | +€78,699 | +29.4% |
| Other amounts receivable | 291 | €267,602 | €346,302 | +€78,699 | +29.4% |
| Stocks and contracts in progress | 3 | €49,926 | €52,926 | +€3,000 | +6.0% |
| Stocks | 30/36 | €49,926 | €52,926 | +€3,000 | +6.0% |
| Amounts receivable within one year | 40/41 | €8,913 | €3,753 | -€5,161 | -57.9% |
| Other amounts receivable | 41 | €8,913 | €3,753 | -€5,161 | -57.9% |
| Cash at bank and in hand | 54/58 | €99,349 | €59,328 | -€40,021 | -40.3% |
| Total equity and liabilities | 10/49 | €459,764 | €475,300 | +€15,537 | +3.4% |
| Equity | 10/15 | €380,495 | €393,724 | +€13,229 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €361,895 | €375,124 | +€13,229 | +3.7% |
| Distributable reserves | 133 | €361,895 | €375,124 | +€13,229 | +3.7% |
| Amounts payable | 17/49 | €79,269 | €81,577 | +€2,308 | +2.9% |
| Amounts payable after more than one year | 17 | €9,281 | - | -€9,281 | |
| Financial debts | 170/4 | €9,281 | - | -€9,281 | |
| Amounts payable within one year | 42/48 | €69,988 | €81,577 | +€11,589 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €16,327 | €9,281 | -€7,047 | -43.2% |
| Trade debts | 44 | €32,477 | €61,436 | +€28,960 | +89.2% |
| Suppliers | 440/4 | €32,477 | €61,436 | +€28,960 | +89.2% |
| Taxes, remuneration and social security | 45 | €21,184 | €10,860 | -€10,325 | -48.7% |
| Taxes | 450/3 | €9,011 | €98 | -€8,913 | -98.9% |
| Remuneration and social security | 454/9 | €12,173 | €10,761 | -€1,412 | -11.6% |
| Remuneration, social security and pensions | 62 | €71,398 | €92,080 | +€20,682 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,109 | €23,760 | +€651 | +2.8% |
| Other operating charges | 640/8 | €3,685 | €3,294 | -€390 | -10.6% |
| Gross operating margin | 9900 | €149,745 | €139,065 | -€10,680 | -7.1% |
| Operating profit (loss) | 9901 | €51,554 | €19,931 | -€31,623 | -61.3% |
| Financial income | 75/76B | €250 | €249 | -€2 | -0.6% |
| Recurring financial income | 75 | €250 | €249 | -€2 | -0.6% |
| Financial charges | 65/66B | €1,406 | €1,991 | +€585 | +41.6% |
| Recurring financial charges | 65 | €1,406 | €1,991 | +€585 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €50,399 | €18,189 | -€32,210 | -63.9% |
| Income taxes | 67/77 | €14,079 | €4,960 | -€9,118 | -64.8% |
| Profit (loss) for the period | 9904 | €36,320 | €13,229 | -€23,091 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,320 | €13,229 | -€23,091 | -63.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.