Lumastrid: 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.
Lumastrid
Largest movements
- Receivables within one year -€254,567
down €254,567 (-85.8%), from €296,614 to €42,047
of which Other amounts receivable: -€244,429
- Current investments +€244,670
up €244,670 (+10.6%), from €2.3m to €2.6m
- Tangible fixed assets -€168,122
down €168,122 (-6.2%), from €2.7m to €2.5m
of which Land and buildings: -€146,662
- Other debts +€563,014
up €563,014 (+62.3%), from €903,652 to €1.5m
- Reserves -€421,000
down €421,000 (-12.0%), from €3.5m to €3.1m
- Short-term financial debts -€250,000
down €250,000 (-100%), from €250,000 to €0
- Revaluation surpluses +€207,945
up €207,945 (+35.2%), from €590,079 to €798,024
- Tax, wage and social debts -€161,924
down €161,924 (-88.5%), from €182,991 to €21,067
of which Taxes: -€161,924
- Depreciation -€112,022
down €112,022 (-39.7%), from €282,200 to €170,179
- Gross operating margin -€89,443
down €89,443 (-46.5%), from €192,398 to €102,956
- Financial income +€17,484
up €17,484 (+40.3%), from €43,417 to €60,901
- Financial charges +€13,222
up €13,222, from -€1,874 to €11,347
- Staff costs -€7,407
down €7,407 (-100%), from €7,407 to €0
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 | €5,469,861 | €5,341,441 | -€128,420 | -2.3% |
| Fixed assets | 21/28 | €2,713,851 | €2,545,729 | -€168,122 | -6.2% |
| Tangible fixed assets | 22/27 | €2,713,851 | €2,545,729 | -€168,122 | -6.2% |
| Land and buildings | 22 | €2,671,109 | €2,524,446 | -€146,662 | -5.5% |
| Furniture and vehicles | 24 | €42,742 | €21,283 | -€21,459 | -50.2% |
| Current assets | 29/58 | €2,756,010 | €2,795,712 | +€39,702 | +1.4% |
| Amounts receivable within one year | 40/41 | €296,614 | €42,047 | -€254,567 | -85.8% |
| Trade receivables | 40 | €10,138 | €0 | -€10,138 | -100% |
| Other amounts receivable | 41 | €286,476 | €42,047 | -€244,429 | -85.3% |
| Current investments | 50/53 | €2,316,471 | €2,561,141 | +€244,670 | +10.6% |
| Cash at bank and in hand | 54/58 | €140,681 | €192,496 | +€51,815 | +36.8% |
| Deferred charges and accrued income | 490/1 | €2,244 | €28 | -€2,216 | -98.7% |
| Total equity and liabilities | 10/49 | €5,469,861 | €5,341,441 | -€128,420 | -2.3% |
| Equity | 10/15 | €4,055,633 | €3,818,722 | -€236,911 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €590,079 | €798,024 | +€207,945 | +35.2% |
| Reserves | 13 | €3,502,593 | €3,081,593 | -€421,000 | -12.0% |
| Distributable reserves | 133 | €3,502,593 | €3,081,593 | -€421,000 | -12.0% |
| Profit (loss) carried forward | 14 | -€55,639 | -€79,495 | -€23,856 | -42.9% |
| Amounts payable | 17/49 | €1,414,228 | €1,522,719 | +€108,491 | +7.7% |
| Amounts payable after more than one year | 17 | €22,020 | €1,701 | -€20,319 | -92.3% |
| Financial debts | 170/4 | €22,020 | €1,701 | -€20,319 | -92.3% |
| Amounts payable within one year | 42/48 | €1,391,511 | €1,513,900 | +€122,389 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €20,151 | €20,319 | +€168 | +0.8% |
| Financial debts | 43 | €250,000 | €0 | -€250,000 | -100% |
| Other loans | 439 | €250,000 | €0 | -€250,000 | -100% |
| Trade debts | 44 | €34,717 | €5,849 | -€28,868 | -83.2% |
| Suppliers | 440/4 | €34,717 | €5,849 | -€28,868 | -83.2% |
| Taxes, remuneration and social security | 45 | €182,991 | €21,067 | -€161,924 | -88.5% |
| Taxes | 450/3 | €182,991 | €21,067 | -€161,924 | -88.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €903,652 | €1,466,666 | +€563,014 | +62.3% |
| Accrued charges and deferred income | 492/3 | €697 | €7,118 | +€6,421 | +922% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,407 | €0 | -€7,407 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,200 | €170,179 | -€112,022 | -39.7% |
| Other operating charges | 640/8 | €3,541 | €5,912 | +€2,371 | +67.0% |
| Gross operating margin | 9900 | €192,398 | €102,956 | -€89,443 | -46.5% |
| Operating profit (loss) | 9901 | -€100,750 | -€73,135 | +€27,615 | +27.4% |
| Financial income | 75/76B | €43,417 | €60,901 | +€17,484 | +40.3% |
| Recurring financial income | 75 | €43,417 | €60,901 | +€17,484 | +40.3% |
| Financial charges | 65/66B | -€1,874 | €11,347 | +€13,222 | |
| Recurring financial charges | 65 | -€1,874 | €11,347 | +€13,222 | |
| Profit (loss) for the period before taxes | 9903 | -€55,459 | -€23,582 | +€31,877 | +57.5% |
| Income taxes | 67/77 | €180 | €274 | +€94 | +52.4% |
| Profit (loss) for the period | 9904 | -€55,639 | -€23,856 | +€31,783 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,639 | -€23,856 | +€31,783 | +57.1% |
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 22 October 2026 via checked.be.