LumaDirk: 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.
LumaDirk
Largest movements
- Current investments -€1.1m
down €1.1m (-41.5%), from €2.7m to €1.6m
- Tangible fixed assets +€641,519
up €641,519 (+10.1%), from €6.4m to €7.0m
of which Land and buildings: +€582,181
- Receivables within one year +€112,619
up €112,619 (+18.5%), from €609,066 to €721,685
of which Trade receivables: +€114,076
- Other debts -€2.0m
down €2.0m (-89.4%), from €2.2m to €234,200
- Profit (loss) carried forward +€2.0m
up €2.0m (+108%), from €1.8m to €3.8m
- Current portion of long-term debt -€466,457
down €466,457 (-47.9%), from €974,685 to €508,228
- Tax, wage and social debts +€120,020
up €120,020 (+128%), from €93,487 to €213,507
- Reserves -€105,000
down €105,000 (-3.1%), from €3.4m to €3.3m
- Gross operating margin +€515,837
up €515,837 (+25.6%), from €2.0m to €2.5m
- Financial income +€453,082
up €453,082 (+235%), from €193,203 to €646,285
of which Financial income: +€595,723
- Taxes +€283,532
up €283,532 (+63.8%), from €444,494 to €728,026
- Other operating charges -€157,491
down €157,491 (-79.9%), from €197,160 to €39,670
- Depreciation +€43,456
up €43,456 (+35.2%), from €123,452 to €166,907
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 | €9,925,807 | €9,552,922 | -€372,885 | -3.8% |
| Fixed assets | 21/28 | €6,353,104 | €6,994,623 | +€641,519 | +10.1% |
| Tangible fixed assets | 22/27 | €6,353,104 | €6,994,623 | +€641,519 | +10.1% |
| Land and buildings | 22 | €6,246,447 | €6,828,628 | +€582,181 | +9.3% |
| Furniture and vehicles | 24 | €106,657 | €165,995 | +€59,338 | +55.6% |
| Current assets | 29/58 | €3,572,702 | €2,558,299 | -€1.0m | -28.4% |
| Amounts receivable within one year | 40/41 | €609,066 | €721,685 | +€112,619 | +18.5% |
| Trade receivables | 40 | €607,610 | €721,685 | +€114,076 | +18.8% |
| Other amounts receivable | 41 | €1,457 | €0 | -€1,457 | -100% |
| Current investments | 50/53 | €2,690,505 | €1,574,082 | -€1.1m | -41.5% |
| Cash at bank and in hand | 54/58 | €272,290 | €254,814 | -€17,475 | -6.4% |
| Deferred charges and accrued income | 490/1 | €841 | €7,717 | +€6,876 | +818% |
| Total equity and liabilities | 10/49 | €9,925,807 | €9,552,922 | -€372,885 | -3.8% |
| Equity | 10/15 | €5,246,979 | €7,093,894 | +€1.8m | +35.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,424,416 | €3,319,416 | -€105,000 | -3.1% |
| Distributable reserves | 133 | €3,424,416 | €3,319,416 | -€105,000 | -3.1% |
| Profit (loss) carried forward | 14 | €1,802,563 | €3,754,478 | +€2.0m | +108% |
| Amounts payable | 17/49 | €4,678,828 | €2,459,028 | -€2.2m | -47.4% |
| Amounts payable after more than one year | 17 | €1,280,773 | €1,316,757 | +€35,984 | +2.8% |
| Financial debts | 170/4 | €1,280,773 | €1,316,757 | +€35,984 | +2.8% |
| Amounts payable within one year | 42/48 | €3,394,518 | €1,142,271 | -€2.3m | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €974,685 | €508,228 | -€466,457 | -47.9% |
| Financial debts | 43 | €110,705 | €117,996 | +€7,291 | +6.6% |
| Credit institutions | 430/8 | €110,705 | €117,996 | +€7,291 | +6.6% |
| Trade debts | 44 | €10,614 | €68,341 | +€57,727 | +544% |
| Suppliers | 440/4 | €10,614 | €68,341 | +€57,727 | +544% |
| Taxes, remuneration and social security | 45 | €93,487 | €213,507 | +€120,020 | +128% |
| Taxes | 450/3 | €93,487 | €213,507 | +€120,020 | +128% |
| Other amounts payable | 47/48 | €2,205,027 | €234,200 | -€2.0m | -89.4% |
| Accrued charges and deferred income | 492/3 | €3,537 | €0 | -€3,537 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,452 | €166,907 | +€43,456 | +35.2% |
| Other operating charges | 640/8 | €197,160 | €39,670 | -€157,491 | -79.9% |
| Gross operating margin | 9900 | €2,017,627 | €2,533,464 | +€515,837 | +25.6% |
| Operating profit (loss) | 9901 | €1,697,015 | €2,326,886 | +€629,872 | +37.1% |
| Financial income | 75/76B | €193,203 | €646,285 | +€453,082 | +235% |
| Recurring financial income | 75 | €50,562 | €646,285 | +€595,723 | +1,178% |
| Non-recurring financial income | 76B | €142,641 | €0 | -€142,641 | -100% |
| Financial charges | 65/66B | €36,161 | €63,230 | +€27,070 | +74.9% |
| Recurring financial charges | 65 | €36,161 | €63,230 | +€27,070 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €1,854,057 | €2,909,941 | +€1.1m | +56.9% |
| Income taxes | 67/77 | €444,494 | €728,026 | +€283,532 | +63.8% |
| Profit (loss) for the period | 9904 | €1,409,563 | €2,181,915 | +€772,352 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,409,563 | €2,181,915 | +€772,352 | +54.8% |
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 24 October 2026 via checked.be.