Lumabel: 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.
Lumabel
Largest movements
- Cash +€109,689
up €109,689 (+300.6%), from €36,492 to €146,181
mainly Net result for the year (+€238,603) and Other debts (+€115,142)
- Receivables within one year +€50,765
up €50,765 (+80.8%), from €62,797 to €113,562
of which Other amounts receivable: +€31,623
- Financial fixed assets -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Tangible fixed assets -€8,662
down €8,662 (-17.4%), from €49,709 to €41,047
- Other debts +€115,142
up €115,142 (+106.6%), from €108,058 to €223,200
- Current portion of long-term debt -€20,768
down €20,768 (-100.0%), from €20,768 to €0
- Reserves +€15,315
up €15,315 (+51.6%), from €29,653 to €44,968
of which Distributable reserves: +€15,403
- Tax, wage and social debts +€12,132
up €12,132 (+72.1%), from €16,831 to €28,963
- Trade debts +€3,637
up €3,637 (+687.5%), from €529 to €4,166
- Gross operating margin +€180,160
up €180,160 (+122.5%), from €147,087 to €327,247
- Taxes +€42,156
up €42,156 (+128.9%), from €32,694 to €74,850
- Depreciation +€12,028
up €12,028 (+817.2%), from €1,472 to €13,500
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 | €176,716 | €302,261 | +€125,545 | +71.0% |
| Fixed assets | 21/28 | €74,709 | €41,047 | -€33,662 | -45.1% |
| Tangible fixed assets | 22/27 | €49,709 | €41,047 | -€8,662 | -17.4% |
| Furniture and vehicles | 24 | €49,709 | €41,047 | -€8,662 | -17.4% |
| Financial fixed assets | 28 | €25,000 | €0 | -€25,000 | -100.0% |
| Current assets | 29/58 | €102,007 | €261,214 | +€159,207 | +156.1% |
| Amounts receivable within one year | 40/41 | €62,797 | €113,562 | +€50,765 | +80.8% |
| Trade receivables | 40 | €30,250 | €49,393 | +€19,143 | +63.3% |
| Other amounts receivable | 41 | €32,547 | €64,170 | +€31,623 | +97.2% |
| Current investments | 50/53 | €339 | €339 | -€0 | -0.1% |
| Cash at bank and in hand | 54/58 | €36,492 | €146,181 | +€109,689 | +300.6% |
| Deferred charges and accrued income | 490/1 | €2,379 | €1,132 | -€1,247 | -52.4% |
| Total equity and liabilities | 10/49 | €176,716 | €302,261 | +€125,545 | +71.0% |
| Equity | 10/15 | €30,529 | €45,932 | +€15,403 | +50.5% |
| Contributions | 10/11 | €876 | €964 | +€88 | +10.0% |
| Reserves | 13 | €29,653 | €44,968 | +€15,315 | +51.6% |
| Non-distributable reserves | 130/1 | €88 | - | -€88 | |
| Other | 1319 | €88 | - | -€88 | |
| Distributable reserves | 133 | €29,565 | €44,968 | +€15,403 | +52.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €146,187 | €256,329 | +€110,142 | +75.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €146,187 | €256,329 | +€110,142 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €20,768 | €0 | -€20,768 | -100.0% |
| Trade debts | 44 | €529 | €4,166 | +€3,637 | +687.5% |
| Suppliers | 440/4 | €529 | €4,166 | +€3,637 | +687.5% |
| Taxes, remuneration and social security | 45 | €16,831 | €28,963 | +€12,132 | +72.1% |
| Taxes | 450/3 | €16,831 | €28,963 | +€12,132 | +72.1% |
| Other amounts payable | 47/48 | €108,058 | €223,200 | +€115,142 | +106.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,472 | €13,500 | +€12,028 | +817.2% |
| Other operating charges | 640/8 | €1,263 | €821 | -€442 | -35.0% |
| Gross operating margin | 9900 | €147,087 | €327,247 | +€180,160 | +122.5% |
| Operating profit (loss) | 9901 | €144,351 | €312,926 | +€168,575 | +116.8% |
| Financial income | 75/76B | €2,133 | €1,205 | -€928 | -43.5% |
| Recurring financial income | 75 | €2,133 | €1,205 | -€928 | -43.5% |
| Financial charges | 65/66B | €343 | €678 | +€335 | +97.7% |
| Recurring financial charges | 65 | €343 | €678 | +€335 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €146,141 | €313,453 | +€167,312 | +114.5% |
| Income taxes | 67/77 | €32,694 | €74,850 | +€42,156 | +128.9% |
| Profit (loss) for the period | 9904 | €113,448 | €238,603 | +€125,155 | +110.3% |
| Profit (loss) for the period to be appropriated | 9905 | €113,448 | €238,603 | +€125,155 | +110.3% |
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 8 October 2026 via checked.be.