ELECTRO LUMINA: 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.
ELECTRO LUMINA
Largest movements
- Receivables within one year -€17,244
down €17,244 (-69.6%), from €24,772 to €7,528
of which Trade receivables: -€17,484
- Tangible fixed assets -€4,178
down €4,178 (-9.4%), from €44,567 to €40,389
of which Furniture and vehicles: -€4,178
- Stocks and contracts -€1,906
down €1,906 (-25.8%), from €7,378 to €5,472
of which Contracts in progress: -€2,000
- Profit (loss) carried forward -€10,985
down €10,985 (-60.8%), from -€18,055 to -€29,040
- Other debts -€6,734
down €6,734 (-74.5%), from €9,039 to €2,304
- Trade debts -€4,570
down €4,570 (-61.6%), from €7,421 to €2,851
- Tax, wage and social debts +€3,696
up €3,696 (+587%), from €630 to €4,325
of which Remuneration and social security: +€3,273
- Debts after one year -€3,215
no longer reported in 2025 (was €3,215)
- Purchases and services +€16,739
up €16,739 (+26.2%), from €63,875 to €80,614
- Turnover +€12,154
up €12,154 (+20.2%), from €60,022 to €72,177
- Gross operating margin -€10,250
down €10,250, from €6,499 to -€3,751
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 | €79,549 | €56,716 | -€22,833 | -28.7% |
| Fixed assets | 21/28 | €44,567 | €40,389 | -€4,178 | -9.4% |
| Tangible fixed assets | 22/27 | €44,567 | €40,389 | -€4,178 | -9.4% |
| Land and buildings | 22 | €37,184 | €37,184 | = | 0.0% |
| Furniture and vehicles | 24 | €7,383 | €3,205 | -€4,178 | -56.6% |
| Current assets | 29/58 | €34,982 | €16,327 | -€18,655 | -53.3% |
| Stocks and contracts in progress | 3 | €7,378 | €5,472 | -€1,906 | -25.8% |
| Stocks | 30/36 | €3,378 | €3,472 | +€94 | +2.8% |
| Contracts in progress | 37 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €24,772 | €7,528 | -€17,244 | -69.6% |
| Trade receivables | 40 | €24,772 | €7,288 | -€17,484 | -70.6% |
| Other amounts receivable | 41 | - | €240 | +€240 | |
| Cash at bank and in hand | 54/58 | €2,782 | €3,059 | +€277 | +10.0% |
| Deferred charges and accrued income | 490/1 | €51 | €269 | +€218 | +429% |
| Total equity and liabilities | 10/49 | €79,549 | €56,716 | -€22,833 | -28.7% |
| Equity | 10/15 | €55,005 | €44,020 | -€10,985 | -20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,860 | €66,860 | = | 0.0% |
| Distributable reserves | 133 | €66,860 | €66,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,055 | -€29,040 | -€10,985 | -60.8% |
| Amounts payable | 17/49 | €24,544 | €12,695 | -€11,849 | -48.3% |
| Amounts payable after more than one year | 17 | €3,215 | - | -€3,215 | |
| Financial debts | 170/4 | €3,215 | - | -€3,215 | |
| Amounts payable within one year | 42/48 | €21,329 | €12,695 | -€8,634 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €4,240 | €3,215 | -€1,025 | -24.2% |
| Trade debts | 44 | €7,421 | €2,851 | -€4,570 | -61.6% |
| Suppliers | 440/4 | €7,421 | €2,851 | -€4,570 | -61.6% |
| Taxes, remuneration and social security | 45 | €630 | €4,325 | +€3,696 | +587% |
| Taxes | 450/3 | €630 | €1,053 | +€423 | +67.1% |
| Remuneration and social security | 454/9 | - | €3,273 | +€3,273 | |
| Other amounts payable | 47/48 | €9,039 | €2,304 | -€6,734 | -74.5% |
| Turnover | 70 | €60,022 | €72,177 | +€12,154 | +20.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €63,875 | €80,614 | +€16,739 | +26.2% |
| Remuneration, social security and pensions | 62 | €443 | €502 | +€59 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,178 | €4,178 | = | 0.0% |
| Other operating charges | 640/8 | €1,790 | €2,121 | +€331 | +18.5% |
| Gross operating margin | 9900 | €6,499 | -€3,751 | -€10,250 | |
| Operating profit (loss) | 9901 | €88 | -€10,552 | -€10,639 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +19,167% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +19,167% |
| Financial charges | 65/66B | €201 | €135 | -€66 | -32.9% |
| Recurring financial charges | 65 | €201 | €135 | -€66 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€114 | -€10,681 | -€10,567 | -9,298% |
| Income taxes | 67/77 | €296 | €304 | +€8 | +2.6% |
| Profit (loss) for the period | 9904 | -€410 | -€10,985 | -€10,575 | -2,582% |
| Profit (loss) for the period to be appropriated | 9905 | -€410 | -€10,985 | -€10,575 | -2,582% |
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 26 October 2026 via checked.be.