Lumanco: 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.
Lumanco
Largest movements
- Cash +€240,439
up €240,439 (+79.1%), from €304,082 to €544,521
mainly Net result for the year (+€160,539) and Current investments (+€58,926)
- Tangible fixed assets +€93,226
up €93,226 (+33.6%), from €277,511 to €370,737
of which Land and buildings: +€80,501
- Current investments -€58,926
down €58,926 (-65.5%), from €90,000 to €31,074
- Receivables within one year -€32,244
down €32,244 (-53.0%), from €60,888 to €28,645
of which Trade receivables: -€17,244
- Receivables after one year -€27,500
no longer reported in 2025 (was €27,500)
- Reserves +€157,799
up €157,799 (+27.5%), from €574,325 to €732,124
of which Distributable reserves: +€157,799
- Debts after one year +€17,675
up €17,675 (+29.4%), from €60,092 to €77,767
of which Financial debts: +€16,055
- Tax, wage and social debts +€13,771
up €13,771 (+96.1%), from €14,334 to €28,105
of which Remuneration and social security: +€11,503
- Accrued charges and deferred income +€12,575
up €12,575 (+79.4%), from €15,834 to €28,409
- Staff costs +€95,574
new in 2025: €95,574
- Gross operating margin +€71,088
up €71,088 (+21.5%), from €331,066 to €402,154
- Taxes -€59,975
down €59,975 (-40.1%), from €149,419 to €89,445
- Depreciation +€9,547
up €9,547 (+23.2%), from €41,176 to €50,722
- Financial charges +€4,778
up €4,778 (+84.4%), from €5,663 to €10,441
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 | €778,882 | €998,329 | +€219,447 | +28.2% |
| Fixed assets | 21/28 | €284,611 | €377,837 | +€93,226 | +32.8% |
| Tangible fixed assets | 22/27 | €277,511 | €370,737 | +€93,226 | +33.6% |
| Land and buildings | 22 | - | €80,501 | +€80,501 | |
| Plant, machinery and equipment | 23 | €22,290 | €24,446 | +€2,156 | +9.7% |
| Furniture and vehicles | 24 | €15,471 | €26,397 | +€10,926 | +70.6% |
| Other tangible fixed assets | 26 | €239,749 | €239,392 | -€357 | -0.1% |
| Financial fixed assets | 28 | €7,100 | €7,100 | = | 0.0% |
| Current assets | 29/58 | €494,271 | €620,493 | +€126,221 | +25.5% |
| Amounts receivable after more than one year | 29 | €27,500 | - | -€27,500 | |
| Other amounts receivable | 291 | €27,500 | - | -€27,500 | |
| Amounts receivable within one year | 40/41 | €60,888 | €28,645 | -€32,244 | -53.0% |
| Trade receivables | 40 | €45,888 | €28,645 | -€17,244 | -37.6% |
| Other amounts receivable | 41 | €15,000 | - | -€15,000 | |
| Current investments | 50/53 | €90,000 | €31,074 | -€58,926 | -65.5% |
| Cash at bank and in hand | 54/58 | €304,082 | €544,521 | +€240,439 | +79.1% |
| Deferred charges and accrued income | 490/1 | €11,801 | €16,254 | +€4,453 | +37.7% |
| Total equity and liabilities | 10/49 | €778,882 | €998,329 | +€219,447 | +28.2% |
| Equity | 10/15 | €591,185 | €748,984 | +€157,799 | +26.7% |
| Contributions | 10/11 | €16,860 | €16,860 | = | 0.0% |
| Reserves | 13 | €574,325 | €732,124 | +€157,799 | +27.5% |
| Tax-exempt reserves | 132 | €52,150 | €52,150 | = | 0.0% |
| Distributable reserves | 133 | €522,175 | €679,974 | +€157,799 | +30.2% |
| Amounts payable | 17/49 | €187,697 | €249,345 | +€61,648 | +32.8% |
| Amounts payable after more than one year | 17 | €60,092 | €77,767 | +€17,675 | +29.4% |
| Financial debts | 170/4 | €42,542 | €58,597 | +€16,055 | +37.7% |
| Other amounts payable | 178/9 | €17,550 | €19,170 | +€1,620 | +9.2% |
| Amounts payable within one year | 42/48 | €111,771 | €143,169 | +€31,397 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €34,498 | €41,209 | +€6,712 | +19.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €12,940 | €18,804 | +€5,864 | +45.3% |
| Suppliers | 440/4 | €12,940 | €18,804 | +€5,864 | +45.3% |
| Taxes, remuneration and social security | 45 | €14,334 | €28,105 | +€13,771 | +96.1% |
| Taxes | 450/3 | €14,334 | €16,602 | +€2,268 | +15.8% |
| Remuneration and social security | 454/9 | - | €11,503 | +€11,503 | |
| Other amounts payable | 47/48 | - | €5,050 | +€5,050 | |
| Accrued charges and deferred income | 492/3 | €15,834 | €28,409 | +€12,575 | +79.4% |
| Non-recurring operating income | 76A | €29,382 | - | -€29,382 | |
| Remuneration, social security and pensions | 62 | - | €95,574 | +€95,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,176 | €50,722 | +€9,547 | +23.2% |
| Other operating charges | 640/8 | €1,551 | €1,283 | -€268 | -17.3% |
| Gross operating margin | 9900 | €331,066 | €402,154 | +€71,088 | +21.5% |
| Operating profit (loss) | 9901 | €288,340 | €254,575 | -€33,765 | -11.7% |
| Financial income | 75/76B | €10,081 | €5,850 | -€4,231 | -42.0% |
| Recurring financial income | 75 | €10,081 | €5,850 | -€4,231 | -42.0% |
| Financial charges | 65/66B | €5,663 | €10,441 | +€4,778 | +84.4% |
| Recurring financial charges | 65 | €5,663 | €10,441 | +€4,778 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €292,758 | €249,984 | -€42,774 | -14.6% |
| Income taxes | 67/77 | €149,419 | €89,445 | -€59,975 | -40.1% |
| Profit (loss) for the period | 9904 | €143,338 | €160,539 | +€17,201 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €143,338 | €160,539 | +€17,201 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.