LUMACOL: 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.
LUMACOL
Largest movements
- Cash +€16,967
up €16,967 (+16.2%), from €104,449 to €121,416
mainly Net result for the year (+€30,772) and Depreciation (+€19,881)
- Receivables within one year +€14,274
up €14,274 (+77.4%), from €18,433 to €32,707
of which Trade receivables: +€8,151
- Deferred charges and accrued income -€7,861
down €7,861 (-34.7%), from €22,627 to €14,766
- Reserves +€30,772
up €30,772 (+20.7%), from €148,320 to €179,092
- Debts after one year -€8,507
down €8,507 (-100%), from €8,507 to €0
- Gross operating margin -€38,463
down €38,463 (-35.7%), from €107,839 to €69,377
- Taxes -€9,773
down €9,773 (-41.3%), from €23,650 to €13,877
- Depreciation +€1,119
up €1,119 (+6.0%), from €18,762 to €19,881
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 | €210,741 | €232,536 | +€21,795 | +10.3% |
| Fixed assets | 21/28 | €48,136 | €46,551 | -€1,585 | -3.3% |
| Intangible fixed assets | 21 | €1,749 | €949 | -€800 | -45.7% |
| Tangible fixed assets | 22/27 | €46,387 | €45,602 | -€785 | -1.7% |
| Plant, machinery and equipment | 23 | €4,145 | €2,343 | -€1,802 | -43.5% |
| Furniture and vehicles | 24 | €26,495 | €13,464 | -€13,030 | -49.2% |
| Other tangible fixed assets | 26 | €15,748 | €29,795 | +€14,047 | +89.2% |
| Current assets | 29/58 | €162,605 | €185,985 | +€23,380 | +14.4% |
| Stocks and contracts in progress | 3 | €17,096 | €17,096 | = | 0.0% |
| Stocks | 30/36 | €17,096 | €17,096 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,433 | €32,707 | +€14,274 | +77.4% |
| Trade receivables | 40 | €18,433 | €26,584 | +€8,151 | +44.2% |
| Other amounts receivable | 41 | - | €6,123 | +€6,123 | |
| Cash at bank and in hand | 54/58 | €104,449 | €121,416 | +€16,967 | +16.2% |
| Deferred charges and accrued income | 490/1 | €22,627 | €14,766 | -€7,861 | -34.7% |
| Total equity and liabilities | 10/49 | €210,741 | €232,536 | +€21,795 | +10.3% |
| Equity | 10/15 | €155,320 | €186,092 | +€30,772 | +19.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €148,320 | €179,092 | +€30,772 | +20.7% |
| Distributable reserves | 133 | €148,320 | €179,092 | +€30,772 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,421 | €46,444 | -€8,977 | -16.2% |
| Amounts payable after more than one year | 17 | €8,507 | €0 | -€8,507 | -100% |
| Financial debts | 170/4 | €8,507 | €0 | -€8,507 | -100% |
| Amounts payable within one year | 42/48 | €46,914 | €46,444 | -€471 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €10,138 | €8,507 | -€1,632 | -16.1% |
| Trade debts | 44 | €316 | €1,844 | +€1,528 | +483% |
| Suppliers | 440/4 | €316 | €1,844 | +€1,528 | +483% |
| Taxes, remuneration and social security | 45 | €36,447 | €36,080 | -€367 | -1.0% |
| Taxes | 450/3 | €36,447 | €32,580 | -€3,867 | -10.6% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €13 | €13 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,762 | €19,881 | +€1,119 | +6.0% |
| Other operating charges | 640/8 | €1,729 | €1,926 | +€197 | +11.4% |
| Gross operating margin | 9900 | €107,839 | €69,377 | -€38,463 | -35.7% |
| Operating profit (loss) | 9901 | €87,349 | €47,570 | -€39,778 | -45.5% |
| Financial income | 75/76B | €5 | €25 | +€20 | +404% |
| Recurring financial income | 75 | €5 | €25 | +€20 | +404% |
| Financial charges | 65/66B | €3,647 | €2,946 | -€701 | -19.2% |
| Recurring financial charges | 65 | €3,647 | €2,946 | -€701 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €83,706 | €44,649 | -€39,057 | -46.7% |
| Income taxes | 67/77 | €23,650 | €13,877 | -€9,773 | -41.3% |
| Profit (loss) for the period | 9904 | €60,056 | €30,772 | -€29,285 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,056 | €30,772 | -€29,285 | -48.8% |
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 14 October 2026 via checked.be.