Lumatra: 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.
Lumatra
Largest movements
- Receivables within one year +€156,012
up €156,012 (+76.7%), from €203,464 to €359,475
of which Trade receivables: +€95,352
- Tangible fixed assets +€113,168
up €113,168 (+66.3%), from €170,706 to €283,874
of which Leasing and similar rights: +€181,937
- Debts after one year +€116,916
up €116,916 (+187%), from €62,542 to €179,458
- Trade debts +€89,800
up €89,800 (+62.9%), from €142,778 to €232,579
- Reserves +€36,222
up €36,222 (+19.5%), from €185,547 to €221,769
- Tax, wage and social debts +€9,927
up €9,927 (+18.0%), from €55,183 to €65,110
of which Remuneration and social security: +€10,221
- Short-term financial debts +€8,459
new in 2025: €8,459
- Staff costs +€118,922
up €118,922 (+60.7%), from €196,018 to €314,940
- Gross operating margin +€101,348
up €101,348 (+28.2%), from €359,127 to €460,475
- Taxes -€8,196
down €8,196 (-57.3%), from €14,309 to €6,113
- Financial charges +€4,795
up €4,795 (+57.8%), from €8,300 to €13,095
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 | €534,868 | €805,917 | +€271,049 | +50.7% |
| Fixed assets | 21/28 | €170,841 | €284,009 | +€113,168 | +66.2% |
| Tangible fixed assets | 22/27 | €170,706 | €283,874 | +€113,168 | +66.3% |
| Plant, machinery and equipment | 23 | €3,251 | €1,865 | -€1,386 | -42.6% |
| Furniture and vehicles | 24 | €161,961 | €96,678 | -€65,283 | -40.3% |
| Leasing and similar rights | 25 | - | €181,937 | +€181,937 | |
| Other tangible fixed assets | 26 | €5,494 | €3,394 | -€2,100 | -38.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €364,027 | €521,908 | +€157,881 | +43.4% |
| Amounts receivable within one year | 40/41 | €203,464 | €359,475 | +€156,012 | +76.7% |
| Trade receivables | 40 | €146,638 | €241,990 | +€95,352 | +65.0% |
| Other amounts receivable | 41 | €56,826 | €117,486 | +€60,659 | +107% |
| Cash at bank and in hand | 54/58 | €152,700 | €149,449 | -€3,251 | -2.1% |
| Deferred charges and accrued income | 490/1 | €7,864 | €12,984 | +€5,120 | +65.1% |
| Total equity and liabilities | 10/49 | €534,868 | €805,917 | +€271,049 | +50.7% |
| Equity | 10/15 | €197,947 | €240,369 | +€42,422 | +21.4% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €185,547 | €221,769 | +€36,222 | +19.5% |
| Distributable reserves | 133 | €185,547 | €221,769 | +€36,222 | +19.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €336,922 | €565,548 | +€228,627 | +67.9% |
| Amounts payable after more than one year | 17 | €62,542 | €179,458 | +€116,916 | +187% |
| Financial debts | 170/4 | €62,542 | €179,458 | +€116,916 | +187% |
| Amounts payable within one year | 42/48 | €273,740 | €385,950 | +€112,210 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €75,779 | €79,803 | +€4,024 | +5.3% |
| Financial debts | 43 | - | €8,459 | +€8,459 | |
| Credit institutions | 430/8 | - | €8,459 | +€8,459 | |
| Trade debts | 44 | €142,778 | €232,579 | +€89,800 | +62.9% |
| Suppliers | 440/4 | €142,778 | €232,579 | +€89,800 | +62.9% |
| Taxes, remuneration and social security | 45 | €55,183 | €65,110 | +€9,927 | +18.0% |
| Taxes | 450/3 | €32,620 | €32,326 | -€294 | -0.9% |
| Remuneration and social security | 454/9 | €22,563 | €32,784 | +€10,221 | +45.3% |
| Accrued charges and deferred income | 492/3 | €640 | €140 | -€500 | -78.1% |
| Remuneration, social security and pensions | 62 | €196,018 | €314,940 | +€118,922 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,826 | €89,878 | +€3,052 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,329 | €2,407 | -€923 | -27.7% |
| Non-recurring operating charges | 66A | - | €831 | +€831 | |
| Gross operating margin | 9900 | €359,127 | €460,475 | +€101,348 | +28.2% |
| Operating profit (loss) | 9901 | €72,953 | €52,419 | -€20,534 | -28.1% |
| Financial income | 75/76B | €2,159 | €3,011 | +€852 | +39.5% |
| Recurring financial income | 75 | €2,159 | €3,011 | +€852 | +39.5% |
| Financial charges | 65/66B | €8,300 | €13,095 | +€4,795 | +57.8% |
| Recurring financial charges | 65 | €8,300 | €13,095 | +€4,795 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €66,813 | €42,336 | -€24,477 | -36.6% |
| Income taxes | 67/77 | €14,309 | €6,113 | -€8,196 | -57.3% |
| Profit (loss) for the period | 9904 | €52,504 | €36,222 | -€16,281 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,504 | €36,222 | -€16,281 | -31.0% |
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 14 October 2026 via checked.be.