Luma Projects: 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 Projects
Largest movements
- Cash -€26,514
down €26,514 (-99.1%), from €26,748 to €234
mainly Receivables within one year (-€25,000) and Net result for the year (-€2,367)
- Receivables within one year +€25,000
new in 2025: €25,000
- Profit (loss) carried forward -€2,367
down €2,367 (-52.0%), from -€4,552 to -€6,919
- Trade debts +€853
new in 2025: €853
- Other operating charges +€843
up €843 (+1183.0%), from €71 to €915
- Financial charges +€127
up €127 (+82.6%), from €153 to €280
- Gross operating margin -€46
down €46 (-4.1%), from -€1,127 to -€1,172
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 | €26,748 | €25,234 | -€1,514 | -5.7% |
| Current assets | 29/58 | €26,748 | €25,234 | -€1,514 | -5.7% |
| Amounts receivable within one year | 40/41 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 41 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €26,748 | €234 | -€26,514 | -99.1% |
| Total equity and liabilities | 10/49 | €26,748 | €25,234 | -€1,514 | -5.7% |
| Equity | 10/15 | €25,448 | €23,081 | -€2,367 | -9.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,552 | -€6,919 | -€2,367 | -52.0% |
| Amounts payable | 17/49 | €1,300 | €2,153 | +€853 | +65.6% |
| Amounts payable within one year | 42/48 | €1,300 | €2,153 | +€853 | +65.6% |
| Trade debts | 44 | - | €853 | +€853 | |
| Suppliers | 440/4 | - | €853 | +€853 | |
| Other amounts payable | 47/48 | €1,300 | €1,300 | = | 0.0% |
| Other operating charges | 640/8 | €71 | €915 | +€843 | +1183.0% |
| Gross operating margin | 9900 | -€1,127 | -€1,172 | -€46 | -4.1% |
| Operating profit (loss) | 9901 | -€1,198 | -€2,087 | -€889 | -74.3% |
| Financial charges | 65/66B | €153 | €280 | +€127 | +82.6% |
| Recurring financial charges | 65 | €153 | €280 | +€127 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,351 | -€2,367 | -€1,016 | -75.2% |
| Profit (loss) for the period | 9904 | -€1,351 | -€2,367 | -€1,016 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,351 | -€2,367 | -€1,016 | -75.2% |
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 3 October 2026 via checked.be.