LUMA BEHEER: what changed
Two fiscal 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.
LUMA BEHEER
Largest movements
- Tangible fixed assets -€3,078
down €3,078 (-13.7%), from €22,451 to €19,373
of which Land and buildings: -€2,794
- Cash +€2,206
up €2,206 (+310.1%), from €711 to €2,918
mainly Other debts (+€13,655) and Depreciation (+€3,078)
- Debts after one year -€14,445
no longer reported in 2025 (was €14,445)
- Other debts +€13,655
up €13,655 (+48.3%), from €28,263 to €41,917
- Profit (loss) carried forward +€736
up €736 (+1.0%), from -€71,012 to -€70,276
- Tax, wage and social debts -€316
down €316 (-12.4%), from €2,550 to €2,234
- Trade debts -€297
down €297 (-12.5%), from €2,382 to €2,084
- Gross operating margin +€12,879
up €12,879 (+190.4%), from €6,762 to €19,641
- Other operating charges -€664
down €664 (-78.6%), from €844 to €181
- Depreciation -€552
down €552 (-15.2%), from €3,630 to €3,078
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.
Cash bridge derived
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 | €23,162 | €22,496 | -€667 | -2.9% |
| Fixed assets | 21/28 | €22,451 | €19,373 | -€3,078 | -13.7% |
| Tangible fixed assets | 22/27 | €22,451 | €19,373 | -€3,078 | -13.7% |
| Land and buildings | 22 | €21,042 | €18,249 | -€2,794 | -13.3% |
| Furniture and vehicles | 24 | €1,408 | €1,124 | -€285 | -20.2% |
| Current assets | 29/58 | €711 | €3,123 | +€2,412 | +339.0% |
| Amounts receivable within one year | 40/41 | - | €206 | +€206 | |
| Trade receivables | 40 | - | €206 | +€206 | |
| Cash at bank and in hand | 54/58 | €711 | €2,918 | +€2,206 | +310.1% |
| Total equity and liabilities | 10/49 | €23,162 | €22,496 | -€667 | -2.9% |
| Equity | 10/15 | -€38,440 | -€37,704 | +€736 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,172 | €20,172 | = | 0.0% |
| Distributable reserves | 133 | €20,172 | €20,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,012 | -€70,276 | +€736 | +1.0% |
| Provisions and deferred taxes | 16 | €13,963 | €13,963 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €13,963 | €13,963 | = | 0.0% |
| Pensions and similar obligations | 160 | €13,963 | €13,963 | = | 0.0% |
| Amounts payable | 17/49 | €47,639 | €46,236 | -€1,403 | -2.9% |
| Amounts payable after more than one year | 17 | €14,445 | - | -€14,445 | |
| Financial debts | 170/4 | €14,445 | - | -€14,445 | |
| Amounts payable within one year | 42/48 | €33,194 | €46,236 | +€13,042 | +39.3% |
| Trade debts | 44 | €2,382 | €2,084 | -€297 | -12.5% |
| Suppliers | 440/4 | €2,382 | €2,084 | -€297 | -12.5% |
| Taxes, remuneration and social security | 45 | €2,550 | €2,234 | -€316 | -12.4% |
| Remuneration and social security | 454/9 | €2,550 | €2,234 | -€316 | -12.4% |
| Other amounts payable | 47/48 | €28,263 | €41,917 | +€13,655 | +48.3% |
| Remuneration, social security and pensions | 62 | €15,009 | €14,873 | -€136 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,630 | €3,078 | -€552 | -15.2% |
| Other operating charges | 640/8 | €844 | €181 | -€664 | -78.6% |
| Non-recurring operating charges | 66A | €180 | €571 | +€391 | +217.0% |
| Gross operating margin | 9900 | €6,762 | €19,641 | +€12,879 | +190.4% |
| Operating profit (loss) | 9901 | -€12,902 | €938 | +€13,840 | |
| Financial charges | 65/66B | €189 | €201 | +€13 | +6.6% |
| Recurring financial charges | 65 | €189 | €201 | +€13 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,091 | €736 | +€13,827 | |
| Profit (loss) for the period | 9904 | -€13,091 | €736 | +€13,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,091 | €736 | +€13,827 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.