LUMES: 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.
LUMES
Largest movements
- Receivables within one year +€103,870
up €103,870 (+446.4%), from €23,269 to €127,139
of which Trade receivables: +€74,850
- Tangible fixed assets +€26,200
new in 2025: €26,200
- Cash -€9,641
no longer reported in 2025 (was €9,641)
mainly Receivables within one year (-€103,870) and Investment in fixed assets (net) (-€28,802)
- Stocks and contracts +€9,605
new in 2025: €9,605
- Trade debts +€103,391
up €103,391 (+6235.3%), from €1,658 to €105,049
- Short-term financial debts +€18,217
new in 2025: €18,217
- Other debts +€6,066
new in 2025: €6,066
- Tax, wage and social debts +€1,682
up €1,682 (+145.5%), from €1,156 to €2,838
- Gross operating margin +€59,973
up €59,973, from -€55,287 to €4,687
- Financial charges +€2,822
up €2,822 (+313.1%), from €901 to €3,723
- Depreciation +€2,602
new in 2025: €2,602
- Other operating charges -€1,825
no longer reported in 2025 (was €1,825)
- Financial income +€567
up €567 (+32.4%), from €1,750 to €2,317
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 | €32,910 | €162,944 | +€130,034 | +395.1% |
| Fixed assets | 21/28 | - | €26,200 | +€26,200 | |
| Tangible fixed assets | 22/27 | - | €26,200 | +€26,200 | |
| Plant, machinery and equipment | 23 | - | €26,200 | +€26,200 | |
| Current assets | 29/58 | €32,910 | €136,744 | +€103,834 | +315.5% |
| Stocks and contracts in progress | 3 | - | €9,605 | +€9,605 | |
| Stocks | 30/36 | - | €9,605 | +€9,605 | |
| Amounts receivable within one year | 40/41 | €23,269 | €127,139 | +€103,870 | +446.4% |
| Trade receivables | 40 | - | €74,850 | +€74,850 | |
| Other amounts receivable | 41 | €23,269 | €52,288 | +€29,019 | +124.7% |
| Cash at bank and in hand | 54/58 | €9,641 | - | -€9,641 | |
| Total equity and liabilities | 10/49 | €32,910 | €162,944 | +€130,034 | +395.1% |
| Equity | 10/15 | €30,096 | €30,774 | +€679 | +2.3% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €166,710 | €166,710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | - | -€3,720 | |
| Reserves not available under the articles | 1311 | €3,720 | - | -€3,720 | |
| Distributable reserves | 133 | €162,990 | €166,710 | +€3,720 | +2.3% |
| Profit (loss) carried forward | 14 | -€152,814 | -€152,136 | +€679 | +0.4% |
| Amounts payable | 17/49 | €2,814 | €132,170 | +€129,356 | +4596.7% |
| Amounts payable within one year | 42/48 | €2,814 | €132,170 | +€129,356 | +4596.7% |
| Financial debts | 43 | - | €18,217 | +€18,217 | |
| Credit institutions | 430/8 | - | €18,217 | +€18,217 | |
| Trade debts | 44 | €1,658 | €105,049 | +€103,391 | +6235.3% |
| Suppliers | 440/4 | €1,658 | €105,049 | +€103,391 | +6235.3% |
| Taxes, remuneration and social security | 45 | €1,156 | €2,838 | +€1,682 | +145.5% |
| Taxes | 450/3 | €1,156 | €2,838 | +€1,682 | +145.5% |
| Other amounts payable | 47/48 | - | €6,066 | +€6,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,602 | +€2,602 | |
| Other operating charges | 640/8 | €1,825 | - | -€1,825 | |
| Non-recurring operating charges | 66A | €21,274 | - | -€21,274 | |
| Gross operating margin | 9900 | -€55,287 | €4,687 | +€59,973 | |
| Operating profit (loss) | 9901 | -€78,386 | €2,085 | +€80,471 | |
| Financial income | 75/76B | €1,750 | €2,317 | +€567 | +32.4% |
| Recurring financial income | 75 | €1,750 | €2,317 | +€567 | +32.4% |
| Financial charges | 65/66B | €901 | €3,723 | +€2,822 | +313.1% |
| Recurring financial charges | 65 | €901 | €3,723 | +€2,822 | +313.1% |
| Profit (loss) for the period before taxes | 9903 | -€77,537 | €679 | +€78,216 | |
| Income taxes | 67/77 | €72 | - | -€72 | |
| Profit (loss) for the period | 9904 | -€77,609 | €679 | +€78,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,609 | €679 | +€78,288 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.