STUC LUX: 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.
STUC LUX
Largest movements
- Receivables within one year +€46,487
up €46,487 (+3,391%), from €1,371 to €47,858
- Tangible fixed assets -€16,317
down €16,317 (-26.9%), from €60,565 to €44,247
of which Furniture and vehicles: -€11,115
- Cash -€8,800
down €8,800 (-25.9%), from €34,033 to €25,233
mainly Receivables within one year (-€46,487) and Debts after one year (-€4,048)
- Deferred charges and accrued income -€7,572
down €7,572 (-90.3%), from €8,383 to €811
- Reserves +€19,903
up €19,903 (+33.2%), from €59,986 to €79,889
- Debts after one year -€4,048
down €4,048 (-56.9%), from €7,110 to €3,062
- Current portion of long-term debt -€1,958
down €1,958 (-30.9%), from €6,342 to €4,384
- Other debts -€1,233
down €1,233 (-45.3%), from €2,720 to €1,487
- Gross operating margin +€64,045
up €64,045, from -€22,195 to €41,849
- Taxes +€1,998
up €1,998 (+1,490%), from €134 to €2,132
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 | €109,501 | €123,298 | +€13,797 | +12.6% |
| Fixed assets | 21/28 | €62,545 | €46,227 | -€16,317 | -26.1% |
| Tangible fixed assets | 22/27 | €60,565 | €44,247 | -€16,317 | -26.9% |
| Land and buildings | 22 | €30,154 | €25,118 | -€5,036 | -16.7% |
| Plant, machinery and equipment | 23 | €470 | €304 | -€166 | -35.4% |
| Furniture and vehicles | 24 | €29,941 | €18,826 | -€11,115 | -37.1% |
| Financial fixed assets | 28 | €1,980 | €1,980 | = | 0.0% |
| Current assets | 29/58 | €46,957 | €77,071 | +€30,114 | +64.1% |
| Stocks and contracts in progress | 3 | €3,170 | €3,170 | = | 0.0% |
| Stocks | 30/36 | €3,170 | €3,170 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,371 | €47,858 | +€46,487 | +3,391% |
| Trade receivables | 40 | €1,371 | €47,858 | +€46,487 | +3,391% |
| Cash at bank and in hand | 54/58 | €34,033 | €25,233 | -€8,800 | -25.9% |
| Deferred charges and accrued income | 490/1 | €8,383 | €811 | -€7,572 | -90.3% |
| Total equity and liabilities | 10/49 | €109,501 | €123,298 | +€13,797 | +12.6% |
| Equity | 10/15 | €86,308 | €106,211 | +€19,903 | +23.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,986 | €79,889 | +€19,903 | +33.2% |
| Distributable reserves | 133 | €59,986 | €79,889 | +€19,903 | +33.2% |
| Profit (loss) carried forward | 14 | €13,923 | €13,923 | +€0 | 0.0% |
| Amounts payable | 17/49 | €23,193 | €17,087 | -€6,106 | -26.3% |
| Amounts payable after more than one year | 17 | €7,110 | €3,062 | -€4,048 | -56.9% |
| Financial debts | 170/4 | €7,110 | €3,062 | -€4,048 | -56.9% |
| Amounts payable within one year | 42/48 | €16,083 | €14,025 | -€2,058 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €6,342 | €4,384 | -€1,958 | -30.9% |
| Trade debts | 44 | €1,706 | €1,686 | -€20 | -1.2% |
| Suppliers | 440/4 | €1,706 | €1,686 | -€20 | -1.2% |
| Taxes, remuneration and social security | 45 | €5,314 | €6,468 | +€1,154 | +21.7% |
| Taxes | 450/3 | €3,014 | €6,468 | +€3,454 | +115% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €2,720 | €1,487 | -€1,233 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,726 | €16,317 | -€408 | -2.4% |
| Other operating charges | 640/8 | €3,443 | €3,308 | -€135 | -3.9% |
| Gross operating margin | 9900 | -€22,195 | €41,849 | +€64,045 | |
| Operating profit (loss) | 9901 | -€42,364 | €22,224 | +€64,588 | |
| Financial income | 75/76B | €65 | - | -€65 | |
| Recurring financial income | 75 | €65 | - | -€65 | |
| Financial charges | 65/66B | €437 | €189 | -€248 | -56.7% |
| Recurring financial charges | 65 | €437 | €189 | -€248 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,736 | €22,035 | +€64,771 | |
| Income taxes | 67/77 | €134 | €2,132 | +€1,998 | +1,490% |
| Profit (loss) for the period | 9904 | -€42,870 | €19,903 | +€62,773 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,870 | €19,903 | +€62,773 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.