LUMENA: what changed
Two fiscal 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.
LUMENA
Largest movements
- Current investments -€213,904
down €213,904 (-59.4%), from €360,009 to €146,106
- Cash +€203,722
new in 2025: €203,722
mainly Current investments (+€213,904) and Net result for the year (+€87,491)
- Receivables within one year -€35,703
down €35,703 (-41.5%), from €86,004 to €50,300
of which Trade receivables: -€26,107
- Stocks and contracts +€11,539
new in 2025: €11,539
- Short-term financial debts -€91,447
down €91,447 (-100.0%), from €91,447 to €0
- Other debts +€26,315
new in 2025: €26,315
- Reserves +€19,446
up €19,446 (+5.6%), from €344,975 to €364,421
of which Distributable reserves: +€19,446
- Tax, wage and social debts +€13,563
up €13,563 (+97.0%), from €13,988 to €27,551
- Accrued charges and deferred income -€8,863
down €8,863 (-100.0%), from €8,863 to €0
- Gross operating margin +€32,014
up €32,014 (+32.7%), from €97,990 to €130,003
- Taxes +€9,396
up €9,396 (+33.2%), from €28,265 to €37,661
- Financial charges +€6,861
up €6,861, from -€6,488 to €373
- Financial income +€5,590
up €5,590 (+569.7%), from €981 to €6,571
- Depreciation +€2,477
up €2,477 (+39.2%), from €6,314 to €8,791
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.
Cash bridge derived
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 | €469,379 | €434,741 | -€34,638 | -7.4% |
| Fixed assets | 21/28 | €22,183 | €21,891 | -€291 | -1.3% |
| Tangible fixed assets | 22/27 | €21,133 | €20,841 | -€291 | -1.4% |
| Plant, machinery and equipment | 23 | €1,035 | €382 | -€653 | -63.1% |
| Furniture and vehicles | 24 | €16,885 | €17,901 | +€1,016 | +6.0% |
| Other tangible fixed assets | 26 | €3,213 | €2,559 | -€654 | -20.4% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €447,197 | €412,850 | -€34,347 | -7.7% |
| Stocks and contracts in progress | 3 | - | €11,539 | +€11,539 | |
| Stocks | 30/36 | - | €11,539 | +€11,539 | |
| Amounts receivable within one year | 40/41 | €86,004 | €50,300 | -€35,703 | -41.5% |
| Trade receivables | 40 | €67,377 | €41,270 | -€26,107 | -38.7% |
| Other amounts receivable | 41 | €18,627 | €9,030 | -€9,597 | -51.5% |
| Current investments | 50/53 | €360,009 | €146,106 | -€213,904 | -59.4% |
| Cash at bank and in hand | 54/58 | - | €203,722 | +€203,722 | |
| Deferred charges and accrued income | 490/1 | €1,184 | €1,184 | = | 0.0% |
| Total equity and liabilities | 10/49 | €469,379 | €434,741 | -€34,638 | -7.4% |
| Equity | 10/15 | €351,901 | €371,347 | +€19,446 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €344,975 | €364,421 | +€19,446 | +5.6% |
| Non-distributable reserves | 130/1 | €1,920 | €1,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,920 | +€1,920 | |
| Financial assistance | 1313 | €1,920 | - | -€1,920 | |
| Tax-exempt reserves | 132 | €11,210 | €11,210 | = | 0.0% |
| Distributable reserves | 133 | €331,845 | €351,291 | +€19,446 | +5.9% |
| Profit (loss) carried forward | 14 | €726 | €726 | = | 0.0% |
| Amounts payable | 17/49 | €117,478 | €63,395 | -€54,084 | -46.0% |
| Amounts payable within one year | 42/48 | €108,616 | €63,395 | -€45,221 | -41.6% |
| Financial debts | 43 | €91,447 | €0 | -€91,447 | -100.0% |
| Credit institutions | 430/8 | €91,447 | €0 | -€91,447 | -100.0% |
| Trade debts | 44 | €3,181 | €9,529 | +€6,348 | +199.6% |
| Suppliers | 440/4 | €3,181 | €9,529 | +€6,348 | +199.6% |
| Taxes, remuneration and social security | 45 | €13,988 | €27,551 | +€13,563 | +97.0% |
| Taxes | 450/3 | €13,988 | €27,551 | +€13,563 | +97.0% |
| Other amounts payable | 47/48 | - | €26,315 | +€26,315 | |
| Accrued charges and deferred income | 492/3 | €8,863 | €0 | -€8,863 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,314 | €8,791 | +€2,477 | +39.2% |
| Other operating charges | 640/8 | €695 | €2,258 | +€1,563 | +225.0% |
| Gross operating margin | 9900 | €97,990 | €130,003 | +€32,014 | +32.7% |
| Operating profit (loss) | 9901 | €90,981 | €118,954 | +€27,973 | +30.7% |
| Financial income | 75/76B | €981 | €6,571 | +€5,590 | +569.7% |
| Recurring financial income | 75 | €981 | €6,571 | +€5,590 | +569.7% |
| Financial charges | 65/66B | -€6,488 | €373 | +€6,861 | |
| Recurring financial charges | 65 | -€6,488 | €373 | +€6,861 | |
| Profit (loss) for the period before taxes | 9903 | €98,450 | €125,152 | +€26,702 | +27.1% |
| Income taxes | 67/77 | €28,265 | €37,661 | +€9,396 | +33.2% |
| Profit (loss) for the period | 9904 | €70,185 | €87,491 | +€17,306 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,185 | €87,491 | +€17,306 | +24.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.