LUMAR INVEST: 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.
LUMAR INVEST
Largest movements
- Cash +€20,221
new in 2025: €20,221
mainly Receivables within one year (+€13,068) and Net result for the year (+€6,506)
- Receivables within one year -€13,068
down €13,068 (-91.5%), from €14,278 to €1,210
of which Trade receivables: -€13,068
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€480,920
down €480,920 (-100%), from €480,920 to €0
- Taxes -€42,814
down €42,814 (-91.4%), from €46,841 to €4,027
- Gross operating margin +€3,088
up €3,088 (+34.8%), from €8,876 to €11,964
- Depreciation -€441
down €441 (-60.1%), from €734 to €293
- Other operating charges -€254
down €254 (-19.4%), from €1,308 to €1,054
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 | €886,561 | €894,675 | +€8,114 | +0.9% |
| Fixed assets | 21/28 | €872,283 | €873,245 | +€962 | +0.1% |
| Tangible fixed assets | 22/27 | €230 | €1,191 | +€961 | +418% |
| Furniture and vehicles | 24 | €230 | €1,191 | +€961 | +418% |
| Financial fixed assets | 28 | €872,053 | €872,053 | +€0 | 0.0% |
| Current assets | 29/58 | €14,278 | €21,431 | +€7,153 | +50.1% |
| Amounts receivable within one year | 40/41 | €14,278 | €1,210 | -€13,068 | -91.5% |
| Trade receivables | 40 | €14,278 | €1,210 | -€13,068 | -91.5% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | - | €20,221 | +€20,221 | |
| Total equity and liabilities | 10/49 | €886,561 | €894,675 | +€8,114 | +0.9% |
| Equity | 10/15 | €833,010 | €839,516 | +€6,506 | +0.8% |
| Contributions | 10/11 | €17,724 | €17,724 | -€0 | 0.0% |
| Reserves | 13 | €815,286 | €821,792 | +€6,506 | +0.8% |
| Non-distributable reserves | 130/1 | €1,772 | €1,772 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,772 | €1,772 | +€0 | 0.0% |
| Distributable reserves | 133 | €813,514 | €820,019 | +€6,505 | +0.8% |
| Amounts payable | 17/49 | €53,551 | €55,160 | +€1,609 | +3.0% |
| Amounts payable within one year | 42/48 | €53,551 | €55,160 | +€1,609 | +3.0% |
| Trade debts | 44 | €755 | €2,563 | +€1,808 | +239% |
| Suppliers | 440/4 | €755 | €2,563 | +€1,808 | +239% |
| Taxes, remuneration and social security | 45 | €49,255 | €51,697 | +€2,442 | +5.0% |
| Taxes | 450/3 | €49,255 | €51,697 | +€2,442 | +5.0% |
| Other amounts payable | 47/48 | €3,541 | €900 | -€2,641 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €293 | -€441 | -60.1% |
| Other operating charges | 640/8 | €1,308 | €1,054 | -€254 | -19.4% |
| Gross operating margin | 9900 | €8,876 | €11,964 | +€3,088 | +34.8% |
| Operating profit (loss) | 9901 | €6,834 | €10,618 | +€3,784 | +55.4% |
| Financial income | 75/76B | €480,920 | €0 | -€480,920 | -100% |
| Recurring financial income | 75 | €480,920 | €0 | -€480,920 | -100% |
| Financial charges | 65/66B | - | €85 | +€85 | |
| Recurring financial charges | 65 | - | €85 | +€85 | |
| Profit (loss) for the period before taxes | 9903 | €487,754 | €10,533 | -€477,221 | -97.8% |
| Income taxes | 67/77 | €46,841 | €4,027 | -€42,814 | -91.4% |
| Profit (loss) for the period | 9904 | €440,913 | €6,506 | -€434,407 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €440,913 | €6,506 | -€434,407 | -98.5% |
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 28 October 2026 via checked.be.