LUMA-Consulting: 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.
LUMA-Consulting
Largest movements
- Current investments +€48,780
new in 2025: €48,780
- Cash -€8,787
down €8,787 (-23.1%), from €37,975 to €29,188
mainly Current investments (-€48,780) and Investment in fixed assets (net) (-€10,353)
- Tangible fixed assets +€7,320
up €7,320 (+68.1%), from €10,754 to €18,074
of which Plant, machinery and equipment: +€3,933
- Receivables within one year -€7,182
down €7,182 (-61.8%), from €11,612 to €4,430
of which Trade receivables: -€5,374
- Reserves +€30,809
up €30,809 (+64.8%), from €47,575 to €78,384
- Tax, wage and social debts +€10,710
up €10,710 (+199%), from €5,371 to €16,081
- Current portion of long-term debt -€1,693
no longer reported in 2025 (was €1,693)
- Gross operating margin +€15,485
up €15,485 (+41.3%), from €37,495 to €52,980
- Taxes +€11,128
up €11,128 (+162%), from €6,867 to €17,995
- Depreciation +€2,117
up €2,117 (+231%), from €917 to €3,033
- Financial charges +€891
up €891 (+190%), from €469 to €1,360
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 | €60,341 | €100,472 | +€40,131 | +66.5% |
| Fixed assets | 21/28 | €10,754 | €18,074 | +€7,320 | +68.1% |
| Tangible fixed assets | 22/27 | €10,754 | €18,074 | +€7,320 | +68.1% |
| Plant, machinery and equipment | 23 | €1,008 | €4,942 | +€3,933 | +390% |
| Furniture and vehicles | 24 | €9,746 | €13,132 | +€3,387 | +34.7% |
| Current assets | 29/58 | €49,587 | €82,398 | +€32,811 | +66.2% |
| Amounts receivable within one year | 40/41 | €11,612 | €4,430 | -€7,182 | -61.8% |
| Trade receivables | 40 | €5,374 | - | -€5,374 | |
| Other amounts receivable | 41 | €6,238 | €4,430 | -€1,808 | -29.0% |
| Current investments | 50/53 | - | €48,780 | +€48,780 | |
| Cash at bank and in hand | 54/58 | €37,975 | €29,188 | -€8,787 | -23.1% |
| Total equity and liabilities | 10/49 | €60,341 | €100,472 | +€40,131 | +66.5% |
| Equity | 10/15 | €52,575 | €83,384 | +€30,809 | +58.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,575 | €78,384 | +€30,809 | +64.8% |
| Distributable reserves | 133 | €47,575 | €78,384 | +€30,809 | +64.8% |
| Amounts payable | 17/49 | €7,766 | €17,088 | +€9,322 | +120% |
| Amounts payable within one year | 42/48 | €7,766 | €17,088 | +€9,322 | +120% |
| Current portion of amounts payable after more than one year | 42 | €1,693 | - | -€1,693 | |
| Trade debts | 44 | €695 | €1,007 | +€312 | +44.9% |
| Suppliers | 440/4 | €695 | €1,007 | +€312 | +44.9% |
| Taxes, remuneration and social security | 45 | €5,371 | €16,081 | +€10,710 | +199% |
| Taxes | 450/3 | €5,371 | €16,081 | +€10,710 | +199% |
| Other amounts payable | 47/48 | €7 | - | -€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | €3,033 | +€2,117 | +231% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €37,495 | €52,980 | +€15,485 | +41.3% |
| Operating profit (loss) | 9901 | €36,460 | €49,826 | +€13,366 | +36.7% |
| Financial income | 75/76B | €664 | €338 | -€326 | -49.1% |
| Recurring financial income | 75 | €664 | €338 | -€326 | -49.1% |
| Financial charges | 65/66B | €469 | €1,360 | +€891 | +190% |
| Recurring financial charges | 65 | €469 | €1,360 | +€891 | +190% |
| Profit (loss) for the period before taxes | 9903 | €36,656 | €48,804 | +€12,149 | +33.1% |
| Income taxes | 67/77 | €6,867 | €17,995 | +€11,128 | +162% |
| Profit (loss) for the period | 9904 | €29,788 | €30,809 | +€1,021 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,788 | €30,809 | +€1,021 | +3.4% |
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 22 October 2026 via checked.be.