LUMATEC: 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.
LUMATEC
Largest movements
- Current investments -€391,348
down €391,348 (-11.5%), from €3.4m to €3.0m
- Cash +€191,060
up €191,060 (+47.0%), from €406,560 to €597,620
mainly Current investments (+€391,348) and Net result for the year (+€120,660)
- Receivables within one year +€185,782
up €185,782 (+5.7%), from €3.3m to €3.4m
of which Other amounts receivable: +€348,438
- Tangible fixed assets -€100,153
down €100,153 (-16.8%), from €597,923 to €497,770
of which Land and buildings: -€89,143
- Trade debts -€159,818
down €159,818 (-64.3%), from €248,423 to €88,605
- Financial income +€60,808
up €60,808 (+199%), from €30,501 to €91,310
- Other operating charges +€14,372
up €14,372 (+80.6%), from €17,837 to €32,210
- Taxes -€12,265
down €12,265 (-64.7%), from €18,965 to €6,700
- Financial charges -€4,271
down €4,271 (-65.3%), from €6,539 to €2,268
- Gross operating margin -€2,454
down €2,454 (-1.4%), from €176,695 to €174,241
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,673,490 | €7,558,831 | -€114,659 | -1.5% |
| Fixed assets | 21/28 | €597,923 | €497,770 | -€100,153 | -16.8% |
| Tangible fixed assets | 22/27 | €597,923 | €497,770 | -€100,153 | -16.8% |
| Land and buildings | 22 | €556,722 | €467,579 | -€89,143 | -16.0% |
| Furniture and vehicles | 24 | €41,201 | €30,191 | -€11,010 | -26.7% |
| Current assets | 29/58 | €7,075,567 | €7,061,061 | -€14,506 | -0.2% |
| Amounts receivable within one year | 40/41 | €3,259,610 | €3,445,392 | +€185,782 | +5.7% |
| Trade receivables | 40 | €318,094 | €155,438 | -€162,656 | -51.1% |
| Other amounts receivable | 41 | €2,941,517 | €3,289,955 | +€348,438 | +11.8% |
| Current investments | 50/53 | €3,409,397 | €3,018,049 | -€391,348 | -11.5% |
| Cash at bank and in hand | 54/58 | €406,560 | €597,620 | +€191,060 | +47.0% |
| Total equity and liabilities | 10/49 | €7,673,490 | €7,558,831 | -€114,659 | -1.5% |
| Equity | 10/15 | €6,919,437 | €6,960,097 | +€40,660 | +0.6% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €133,812 | €133,812 | = | 0.0% |
| Distributable reserves | 133 | €133,812 | €133,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,665,624 | €6,706,285 | +€40,660 | +0.6% |
| Amounts payable | 17/49 | €754,054 | €598,734 | -€155,319 | -20.6% |
| Amounts payable after more than one year | 17 | €16,666 | - | -€16,666 | |
| Financial debts | 170/4 | €16,666 | - | -€16,666 | |
| Amounts payable within one year | 42/48 | €737,387 | €598,734 | -€138,653 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €16,666 | -€16,667 | -50.0% |
| Trade debts | 44 | €248,423 | €88,605 | -€159,818 | -64.3% |
| Suppliers | 440/4 | €248,423 | €88,605 | -€159,818 | -64.3% |
| Taxes, remuneration and social security | 45 | €21,075 | €16,828 | -€4,247 | -20.1% |
| Taxes | 450/3 | €21,075 | €16,828 | -€4,247 | -20.1% |
| Other amounts payable | 47/48 | €434,556 | €476,634 | +€42,078 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,179 | €103,713 | +€534 | +0.5% |
| Other operating charges | 640/8 | €17,837 | €32,210 | +€14,372 | +80.6% |
| Gross operating margin | 9900 | €176,695 | €174,241 | -€2,454 | -1.4% |
| Operating profit (loss) | 9901 | €55,679 | €38,319 | -€17,360 | -31.2% |
| Financial income | 75/76B | €30,501 | €91,310 | +€60,808 | +199% |
| Recurring financial income | 75 | €30,501 | €91,310 | +€60,808 | +199% |
| Financial charges | 65/66B | €6,539 | €2,268 | -€4,271 | -65.3% |
| Recurring financial charges | 65 | €6,539 | €2,268 | -€4,271 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €79,641 | €127,360 | +€47,719 | +59.9% |
| Income taxes | 67/77 | €18,965 | €6,700 | -€12,265 | -64.7% |
| Profit (loss) for the period | 9904 | €60,676 | €120,660 | +€59,984 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,676 | €120,660 | +€59,984 | +98.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.