LUMADENT: 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.
LUMADENT
Largest movements
- Tangible fixed assets -€33,883
down €33,883 (-5.6%), from €603,342 to €569,459
- Cash -€13,071
down €13,071 (-62.8%), from €20,799 to €7,728
mainly Debts after one year (-€47,192) and Other debts (-€27,433)
- Debts after one year -€47,192
down €47,192 (-10.5%), from €449,597 to €402,405
- Other debts -€27,433
down €27,433 (-21.8%), from €125,734 to €98,300
- Reserves +€19,414
new in 2025: €19,414
- Profit (loss) carried forward +€13,159
no longer reported in 2025 (was -€13,159)
- Taxes +€6,728
new in 2025: €6,728
- Financial charges -€1,120
down €1,120 (-12.7%), from €8,799 to €7,679
- Depreciation -€930
down €930 (-2.7%), from €34,813 to €33,883
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 | €624,141 | €584,323 | -€39,818 | -6.4% |
| Fixed assets | 21/28 | €603,342 | €569,459 | -€33,883 | -5.6% |
| Tangible fixed assets | 22/27 | €603,342 | €569,459 | -€33,883 | -5.6% |
| Land and buildings | 22 | €603,342 | €569,459 | -€33,883 | -5.6% |
| Current assets | 29/58 | €20,799 | €14,864 | -€5,935 | -28.5% |
| Amounts receivable within one year | 40/41 | - | €4,772 | +€4,772 | |
| Other amounts receivable | 41 | - | €4,772 | +€4,772 | |
| Cash at bank and in hand | 54/58 | €20,799 | €7,728 | -€13,071 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €2,364 | +€2,364 | |
| Total equity and liabilities | 10/49 | €624,141 | €584,323 | -€39,818 | -6.4% |
| Equity | 10/15 | -€759 | €31,814 | +€32,573 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €19,414 | +€19,414 | |
| Distributable reserves | 133 | - | €19,414 | +€19,414 | |
| Profit (loss) carried forward | 14 | -€13,159 | - | +€13,159 | |
| Amounts payable | 17/49 | €624,900 | €552,508 | -€72,391 | -11.6% |
| Amounts payable after more than one year | 17 | €449,597 | €402,405 | -€47,192 | -10.5% |
| Financial debts | 170/4 | €449,597 | €402,405 | -€47,192 | -10.5% |
| Amounts payable within one year | 42/48 | €172,426 | €147,866 | -€24,560 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €46,693 | €47,192 | +€499 | +1.1% |
| Trade debts | 44 | - | €2,373 | +€2,373 | |
| Suppliers | 440/4 | - | €2,373 | +€2,373 | |
| Other amounts payable | 47/48 | €125,734 | €98,300 | -€27,433 | -21.8% |
| Accrued charges and deferred income | 492/3 | €2,877 | €2,238 | -€639 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,813 | €33,883 | -€930 | -2.7% |
| Other operating charges | 640/8 | €2,828 | €2,916 | +€87 | +3.1% |
| Gross operating margin | 9900 | €84,119 | €83,778 | -€341 | -0.4% |
| Operating profit (loss) | 9901 | €46,478 | €46,980 | +€502 | +1.1% |
| Financial charges | 65/66B | €8,799 | €7,679 | -€1,120 | -12.7% |
| Recurring financial charges | 65 | €8,799 | €7,679 | -€1,120 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €37,679 | €39,301 | +€1,622 | +4.3% |
| Income taxes | 67/77 | - | €6,728 | +€6,728 | |
| Profit (loss) for the period | 9904 | €37,679 | €32,573 | -€5,105 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,679 | €32,573 | -€5,105 | -13.6% |
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 7 October 2026 via checked.be.