LUMATO: 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.
LUMATO
Largest movements
- Receivables within one year -€115,341
down €115,341 (-46.5%), from €248,252 to €132,911
of which Trade receivables: -€121,849
- Cash +€84,645
up €84,645 (+66.8%), from €126,683 to €211,327
mainly Receivables within one year (+€115,341) and Other debts (+€48,400)
- Tangible fixed assets -€9,200
down €9,200 (-17.1%), from €53,944 to €44,744
of which Furniture and vehicles: -€9,200
- Stocks and contracts -€7,763
down €7,763 (-73.7%), from €10,532 to €2,768
- Profit (loss) carried forward -€67,476
no longer reported in 2024 (was €67,476)
- Other debts +€48,400
up €48,400 (+3,025%), from €1,600 to €50,000
- Trade debts -€38,980
down €38,980 (-28.5%), from €136,762 to €97,782
- Reserves +€22,162
up €22,162 (+14.5%), from €153,223 to €175,385
of which Distributable reserves: +€25,385
- Debts after one year -€7,714
no longer reported in 2024 (was €7,714)
- Gross operating margin -€17,556
down €17,556 (-11.5%), from €152,294 to €134,738
- Depreciation -€8,000
down €8,000 (-46.5%), from €17,200 to €9,200
- Staff costs -€2,001
down €2,001 (-1.9%), from €105,764 to €103,763
- Taxes +€1,657
new in 2024: €1,657
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 | €441,742 | €395,015 | -€46,727 | -10.6% |
| Fixed assets | 21/28 | €54,349 | €45,014 | -€9,335 | -17.2% |
| Tangible fixed assets | 22/27 | €53,944 | €44,744 | -€9,200 | -17.1% |
| Land and buildings | 22 | €29,721 | €29,721 | = | 0.0% |
| Furniture and vehicles | 24 | €24,222 | €15,022 | -€9,200 | -38.0% |
| Financial fixed assets | 28 | €405 | €270 | -€135 | -33.3% |
| Current assets | 29/58 | €387,394 | €350,002 | -€37,392 | -9.7% |
| Stocks and contracts in progress | 3 | €10,532 | €2,768 | -€7,763 | -73.7% |
| Stocks | 30/36 | €10,532 | €2,768 | -€7,763 | -73.7% |
| Amounts receivable within one year | 40/41 | €248,252 | €132,911 | -€115,341 | -46.5% |
| Trade receivables | 40 | €248,089 | €126,240 | -€121,849 | -49.1% |
| Other amounts receivable | 41 | €163 | €6,671 | +€6,508 | +3,996% |
| Cash at bank and in hand | 54/58 | €126,683 | €211,327 | +€84,645 | +66.8% |
| Deferred charges and accrued income | 490/1 | €1,927 | €2,995 | +€1,068 | +55.4% |
| Total equity and liabilities | 10/49 | €441,742 | €395,015 | -€46,727 | -10.6% |
| Equity | 10/15 | €252,925 | €207,611 | -€45,313 | -17.9% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €153,223 | €175,385 | +€22,162 | +14.5% |
| Non-distributable reserves | 130/1 | €3,223 | - | -€3,223 | |
| Reserves not available under the articles | 1311 | €3,223 | - | -€3,223 | |
| Distributable reserves | 133 | €150,000 | €175,385 | +€25,385 | +16.9% |
| Profit (loss) carried forward | 14 | €67,476 | - | -€67,476 | |
| Amounts payable | 17/49 | €188,818 | €187,404 | -€1,413 | -0.7% |
| Amounts payable after more than one year | 17 | €7,714 | - | -€7,714 | |
| Financial debts | 170/4 | €7,714 | - | -€7,714 | |
| Amounts payable within one year | 42/48 | €180,055 | €187,081 | +€7,026 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €10,129 | €7,714 | -€2,415 | -23.8% |
| Trade debts | 44 | €136,762 | €97,782 | -€38,980 | -28.5% |
| Suppliers | 440/4 | €136,762 | €97,782 | -€38,980 | -28.5% |
| Taxes, remuneration and social security | 45 | €31,564 | €31,585 | +€21 | +0.1% |
| Taxes | 450/3 | €10,520 | €9,458 | -€1,062 | -10.1% |
| Remuneration and social security | 454/9 | €21,044 | €22,127 | +€1,083 | +5.1% |
| Other amounts payable | 47/48 | €1,600 | €50,000 | +€48,400 | +3,025% |
| Accrued charges and deferred income | 492/3 | €1,048 | €323 | -€725 | -69.2% |
| Remuneration, social security and pensions | 62 | €105,764 | €103,763 | -€2,001 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,200 | €9,200 | -€8,000 | -46.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €520 | +€520 | |
| Other operating charges | 640/8 | €14,071 | €13,864 | -€207 | -1.5% |
| Gross operating margin | 9900 | €152,294 | €134,738 | -€17,556 | -11.5% |
| Operating profit (loss) | 9901 | €15,259 | €7,391 | -€7,868 | -51.6% |
| Financial income | 75/76B | €62 | €44 | -€19 | -30.1% |
| Recurring financial income | 75 | €62 | €44 | -€19 | -30.1% |
| Financial charges | 65/66B | €1,163 | €1,091 | -€72 | -6.2% |
| Recurring financial charges | 65 | €1,163 | €1,091 | -€72 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €14,159 | €6,344 | -€7,815 | -55.2% |
| Income taxes | 67/77 | - | €1,657 | +€1,657 | |
| Profit (loss) for the period | 9904 | €14,159 | €4,687 | -€9,472 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,159 | €4,687 | -€9,472 | -66.9% |
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.