W. LUYTEN: 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.
W. LUYTEN
Largest movements
- Cash -€424
down €424 (-36.2%), from €1,171 to €747
mainly Net result for the year (-€11,415)
- Profit (loss) carried forward -€11,415
down €11,415 (-6.3%), from -€182,565 to -€193,980
- Other debts +€10,439
up €10,439 (+6.0%), from €174,457 to €184,896
- Trade debts +€552
up €552 (+35.1%), from €1,571 to €2,123
- Gross operating margin +€1,987
up €1,987 (+14.9%), from -€13,328 to -€11,341
- Financial charges -€170
down €170 (-69.8%), from €244 to €74
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 | €6,320 | €5,896 | -€424 | -6.7% |
| Fixed assets | 21/28 | €1,520 | €1,520 | = | 0.0% |
| Financial fixed assets | 28 | €1,520 | €1,520 | = | 0.0% |
| Current assets | 29/58 | €4,800 | €4,376 | -€424 | -8.8% |
| Amounts receivable within one year | 40/41 | €3,629 | €3,629 | = | 0.0% |
| Other amounts receivable | 41 | €3,629 | €3,629 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,171 | €747 | -€424 | -36.2% |
| Total equity and liabilities | 10/49 | €6,320 | €5,896 | -€424 | -6.7% |
| Equity | 10/15 | -€169,708 | -€181,123 | -€11,415 | -6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €457 | €457 | = | 0.0% |
| Non-distributable reserves | 130/1 | €457 | €457 | = | 0.0% |
| Reserves not available under the articles | 1311 | €457 | €457 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,565 | -€193,980 | -€11,415 | -6.3% |
| Amounts payable | 17/49 | €176,028 | €187,019 | +€10,991 | +6.2% |
| Amounts payable within one year | 42/48 | €176,028 | €187,019 | +€10,991 | +6.2% |
| Trade debts | 44 | €1,571 | €2,123 | +€552 | +35.1% |
| Suppliers | 440/4 | €1,571 | €2,123 | +€552 | +35.1% |
| Other amounts payable | 47/48 | €174,457 | €184,896 | +€10,439 | +6.0% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Gross operating margin | 9900 | -€13,328 | -€11,341 | +€1,987 | +14.9% |
| Operating profit (loss) | 9901 | -€13,328 | -€11,341 | +€1,987 | +14.9% |
| Financial charges | 65/66B | €244 | €74 | -€170 | -69.8% |
| Recurring financial charges | 65 | €244 | €74 | -€170 | -69.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,572 | -€11,415 | +€2,157 | +15.9% |
| Profit (loss) for the period | 9904 | -€13,572 | -€11,415 | +€2,157 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,572 | -€11,415 | +€2,157 | +15.9% |
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 17 October 2026 via checked.be.