LUMA CMF: 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 CMF
Largest movements
- Receivables within one year -€379,654
no longer reported in 2024 (was €379,654)
of which Other amounts receivable: -€375,654
- Cash +€70,986
up €70,986 (+24.6%), from €288,727 to €359,713
mainly Receivables within one year (+€379,654) and Net result for the year (+€291,008)
- Current investments +€49,988
up €49,988 (+100.0%), from €49,998 to €99,987
- Tangible fixed assets -€31,656
down €31,656 (-20.7%), from €152,961 to €121,305
of which Furniture and vehicles: -€36,280
- Other debts -€187,525
down €187,525 (-49.6%), from €378,250 to €190,725
- Tax, wage and social debts -€85,701
down €85,701 (-63.9%), from €134,209 to €48,508
- Profit (loss) carried forward -€13,992
down €13,992 (-4.0%), from €353,513 to €339,522
- Gross operating margin +€69,136
up €69,136 (+20.6%), from €336,132 to €405,268
- Taxes +€17,999
up €17,999 (+28.1%), from €64,001 to €82,000
- Financial income -€15,538
down €15,538 (-78.8%), from €19,708 to €4,170
- Depreciation +€9,703
up €9,703 (+52.9%), from €18,356 to €28,059
- Other operating charges +€7,346
up €7,346 (+754.5%), from €974 to €8,320
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €871,340 | €581,005 | -€290,335 | -33.3% |
| Fixed assets | 21/28 | €152,961 | €121,305 | -€31,656 | -20.7% |
| Tangible fixed assets | 22/27 | €152,961 | €121,305 | -€31,656 | -20.7% |
| Plant, machinery and equipment | 23 | €24,768 | €30,142 | +€5,374 | +21.7% |
| Furniture and vehicles | 24 | €123,943 | €87,663 | -€36,280 | -29.3% |
| Leasing and similar rights | 25 | €750 | - | -€750 | |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €718,379 | €459,699 | -€258,679 | -36.0% |
| Amounts receivable within one year | 40/41 | €379,654 | - | -€379,654 | |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €375,654 | - | -€375,654 | |
| Current investments | 50/53 | €49,998 | €99,987 | +€49,988 | +100.0% |
| Cash at bank and in hand | 54/58 | €288,727 | €359,713 | +€70,986 | +24.6% |
| Total equity and liabilities | 10/49 | €871,340 | €581,005 | -€290,335 | -33.3% |
| Equity | 10/15 | €355,513 | €341,522 | -€13,992 | -3.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €353,513 | €339,522 | -€13,992 | -4.0% |
| Amounts payable | 17/49 | €515,827 | €239,483 | -€276,344 | -53.6% |
| Amounts payable within one year | 42/48 | €515,827 | €239,483 | -€276,344 | -53.6% |
| Trade debts | 44 | €3,368 | €250 | -€3,118 | -92.6% |
| Suppliers | 440/4 | €3,368 | €250 | -€3,118 | -92.6% |
| Taxes, remuneration and social security | 45 | €134,209 | €48,508 | -€85,701 | -63.9% |
| Taxes | 450/3 | €134,209 | €48,508 | -€85,701 | -63.9% |
| Other amounts payable | 47/48 | €378,250 | €190,725 | -€187,525 | -49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,356 | €28,059 | +€9,703 | +52.9% |
| Other operating charges | 640/8 | €974 | €8,320 | +€7,346 | +754.5% |
| Gross operating margin | 9900 | €336,132 | €405,268 | +€69,136 | +20.6% |
| Operating profit (loss) | 9901 | €316,802 | €368,889 | +€52,087 | +16.4% |
| Financial income | 75/76B | €19,708 | €4,170 | -€15,538 | -78.8% |
| Recurring financial income | 75 | €19,708 | €4,170 | -€15,538 | -78.8% |
| Financial charges | 65/66B | €83 | €51 | -€32 | -38.7% |
| Recurring financial charges | 65 | €83 | €51 | -€32 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €336,427 | €373,008 | +€36,581 | +10.9% |
| Income taxes | 67/77 | €64,001 | €82,000 | +€17,999 | +28.1% |
| Profit (loss) for the period | 9904 | €272,426 | €291,008 | +€18,582 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €272,426 | €291,008 | +€18,582 | +6.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.