Lumag: 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.
Lumag
Largest movements
- Cash -€5,435
down €5,435 (-10.6%), from €51,343 to €45,907
mainly Net result for the year (-€2,158) and Trade debts (-€1,825)
- Profit (loss) carried forward -€2,158
down €2,158 (-30.2%), from €7,138 to €4,980
- Trade debts -€1,825
down €1,825 (-85.0%), from €2,147 to €322
- Other debts -€984
down €984 (-3.2%), from €30,673 to €29,689
- Tax, wage and social debts -€710
down €710 (-25.1%), from €2,822 to €2,113
- Gross operating margin -€44,584
down €44,584 (-97.9%), from €45,550 to €967
- Taxes -€3,532
down €3,532, from €2,822 to -€710
- Turnover -€2,119
down €2,119 (-23.3%), from €9,109 to €6,990
- Other operating charges -€947
down €947 (-24.0%), from €3,940 to €2,992
- Purchases and services -€586
down €586 (-8.9%), from €6,609 to €6,024
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 | €61,381 | €55,704 | -€5,677 | -9.2% |
| Fixed assets | 21/28 | €10,038 | €9,796 | -€242 | -2.4% |
| Tangible fixed assets | 22/27 | €10,038 | €9,796 | -€242 | -2.4% |
| Land and buildings | 22 | €9,906 | €9,374 | -€532 | -5.4% |
| Plant, machinery and equipment | 23 | €132 | €422 | +€290 | +220.2% |
| Current assets | 29/58 | €51,343 | €45,907 | -€5,435 | -10.6% |
| Cash at bank and in hand | 54/58 | €51,343 | €45,907 | -€5,435 | -10.6% |
| Total equity and liabilities | 10/49 | €61,381 | €55,704 | -€5,677 | -9.2% |
| Equity | 10/15 | €25,738 | €23,580 | -€2,158 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,138 | €4,980 | -€2,158 | -30.2% |
| Amounts payable | 17/49 | €35,643 | €32,124 | -€3,519 | -9.9% |
| Amounts payable within one year | 42/48 | €35,643 | €32,124 | -€3,519 | -9.9% |
| Trade debts | 44 | €2,147 | €322 | -€1,825 | -85.0% |
| Suppliers | 440/4 | €2,147 | €322 | -€1,825 | -85.0% |
| Taxes, remuneration and social security | 45 | €2,822 | €2,113 | -€710 | -25.1% |
| Taxes | 450/3 | €2,822 | €2,113 | -€710 | -25.1% |
| Other amounts payable | 47/48 | €30,673 | €29,689 | -€984 | -3.2% |
| Turnover | 70 | €9,109 | €6,990 | -€2,119 | -23.3% |
| Non-recurring operating income | 76A | €43,051 | - | -€43,051 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,609 | €6,024 | -€586 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €770 | +€106 | +15.9% |
| Other operating charges | 640/8 | €3,940 | €2,992 | -€947 | -24.0% |
| Gross operating margin | 9900 | €45,550 | €967 | -€44,584 | -97.9% |
| Operating profit (loss) | 9901 | €40,947 | -€2,795 | -€43,742 | |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €40,880 | -€2,868 | -€43,747 | |
| Income taxes | 67/77 | €2,822 | -€710 | -€3,532 | |
| Profit (loss) for the period | 9904 | €38,057 | -€2,158 | -€40,215 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,057 | -€2,158 | -€40,215 |
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.