LUMATOP: 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.
What changed
LUMATOP
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€220,462
2024 · €285,607-€65,146
Equity
€934,137
2024 · €842,676+€91,462
Cash
€731,612
2024 · €733,328-€1,716
Balance sheet total
€1.1m
2024 · €1.1m+€86,139
Largest movements
Assets
- Receivables within one year +€64,585
up €64,585 (+22.1%), from €292,345 to €356,930
of which Trade receivables: +€89,585
- Stocks and contracts +€16,389
up €16,389 (+78.4%), from €20,893 to €37,283
- Tangible fixed assets +€12,967
up €12,967 (+2,719%), from €477 to €13,444
Equity and liabilities
- Reserves +€91,000
up €91,000 (+11.1%), from €822,000 to €913,000
Income statement
- Gross operating margin -€61,591
down €61,591 (-13.3%), from €462,792 to €401,202
- Taxes -€30,136
down €30,136 (-22.2%), from €135,889 to €105,753
- Write-downs +€24,232
new in 2025: €24,232
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.
Result 2024
€285,607
Gross operating margin
-€61,591
Staff costs
-€1,511
Depreciation
-€2,100
Write-downs
-€24,232
Other operating charges
-€3,962
Financial income
-€1,830
Financial charges
-€55
Taxes
+€30,136
Result 2025
€220,462
raises the resultlowers the result
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.
From operations
+€140,728
Investment
-€13,444
Financing
-€129,000
Cash 2024
€733,328
From operations (derived)
+€140,728
Net result for the year
+€220,462
Depreciation
+€2,977
Stocks and contracts
-€16,389
Receivables within one year
-€64,585
Deferred charges and accrued income
+€3,586
Trade debts
-€7,311
Tax, wage and social debts
+€11,190
Other debts
-€9,299
Accrued charges and deferred income
+€98
Investment (derived)
-€13,444
Investment in fixed assets (net)
-€13,444
Financing
-€129,000
Contributions, distributions and other
-€129,000
Cash 2025
€731,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,059,633 | €1,145,773 | +€86,139 | +8.1% |
| Fixed assets | 21/28 | €8,213 | €18,680 | +€10,467 | +127% |
| Intangible fixed assets | 21 | €6,736 | €5,236 | -€1,500 | -22.3% |
| Tangible fixed assets | 22/27 | €477 | €13,444 | +€12,967 | +2,719% |
| Furniture and vehicles | 24 | €477 | €13,444 | +€12,967 | +2,719% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €1,051,421 | €1,127,093 | +€75,672 | +7.2% |
| Stocks and contracts in progress | 3 | €20,893 | €37,283 | +€16,389 | +78.4% |
| Stocks | 30/36 | €20,893 | €37,283 | +€16,389 | +78.4% |
| Amounts receivable within one year | 40/41 | €292,345 | €356,930 | +€64,585 | +22.1% |
| Trade receivables | 40 | €267,345 | €356,930 | +€89,585 | +33.5% |
| Other amounts receivable | 41 | €25,000 | €0 | -€25,000 | -100% |
| Cash at bank and in hand | 54/58 | €733,328 | €731,612 | -€1,716 | -0.2% |
| Deferred charges and accrued income | 490/1 | €4,854 | €1,268 | -€3,586 | -73.9% |
| Total equity and liabilities | 10/49 | €1,059,633 | €1,145,773 | +€86,139 | +8.1% |
| Equity | 10/15 | €842,676 | €934,137 | +€91,462 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €822,000 | €913,000 | +€91,000 | +11.1% |
| Distributable reserves | 133 | €822,000 | €913,000 | +€91,000 | +11.1% |
| Profit (loss) carried forward | 14 | €2,076 | €2,537 | +€462 | +22.2% |
| Amounts payable | 17/49 | €216,958 | €211,635 | -€5,322 | -2.5% |
| Amounts payable within one year | 42/48 | €216,958 | €211,538 | -€5,420 | -2.5% |
| Trade debts | 44 | €64,428 | €57,117 | -€7,311 | -11.3% |
| Suppliers | 440/4 | €64,428 | €57,117 | -€7,311 | -11.3% |
| Taxes, remuneration and social security | 45 | €44,600 | €55,790 | +€11,190 | +25.1% |
| Taxes | 450/3 | €42,028 | €53,164 | +€11,135 | +26.5% |
| Remuneration and social security | 454/9 | €2,572 | €2,626 | +€54 | +2.1% |
| Other amounts payable | 47/48 | €107,930 | €98,631 | -€9,299 | -8.6% |
| Accrued charges and deferred income | 492/3 | - | €98 | +€98 | |
| Non-recurring operating income | 76A | €740 | €0 | -€740 | -100% |
| Remuneration, social security and pensions | 62 | €25,814 | €27,325 | +€1,511 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €2,977 | +€2,100 | +240% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,232 | +€24,232 | |
| Other operating charges | 640/8 | €6,846 | €10,808 | +€3,962 | +57.9% |
| Gross operating margin | 9900 | €462,792 | €401,202 | -€61,591 | -13.3% |
| Operating profit (loss) | 9901 | €429,256 | €335,860 | -€93,396 | -21.8% |
| Financial income | 75/76B | €2,654 | €824 | -€1,830 | -69.0% |
| Recurring financial income | 75 | €2,654 | €824 | -€1,830 | -69.0% |
| Financial charges | 65/66B | €10,414 | €10,469 | +€55 | +0.5% |
| Recurring financial charges | 65 | €10,414 | €10,469 | +€55 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €421,496 | €326,215 | -€95,281 | -22.6% |
| Income taxes | 67/77 | €135,889 | €105,753 | -€30,136 | -22.2% |
| Profit (loss) for the period | 9904 | €285,607 | €220,462 | -€65,146 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €285,607 | €220,462 | -€65,146 | -22.8% |
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 19 October 2026 via checked.be.