Lumet Services: 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.
Lumet Services
Largest movements
- Tangible fixed assets -€40,741
down €40,741 (-37.3%), from €109,318 to €68,577
of which Leasing and similar rights: -€28,802
- Stocks and contracts +€29,589
up €29,589 (+66.8%), from €44,317 to €73,906
of which Contracts in progress: +€26,610
- Cash +€12,080
up €12,080 (+113%), from €10,685 to €22,765
mainly Other debts (+€62,472) and Depreciation (+€40,991)
- Receivables within one year -€11,013
down €11,013 (-3.6%), from €306,673 to €295,660
of which Trade receivables: -€9,310
- Trade debts -€85,798
down €85,798 (-47.3%), from €181,383 to €95,585
- Other debts +€62,472
up €62,472 (+48.4%), from €129,202 to €191,675
- Reserves +€15,952
up €15,952 (+38.3%), from €41,701 to €57,653
- Debts after one year -€14,245
down €14,245 (-17.7%), from €80,365 to €66,120
- Tax, wage and social debts +€8,688
up €8,688 (+85.5%), from €10,158 to €18,846
of which Taxes: +€9,003
- Staff costs -€5,085
down €5,085 (-8.5%), from €59,968 to €54,883
- Depreciation +€2,806
up €2,806 (+7.3%), from €38,185 to €40,991
- Gross operating margin +€2,742
up €2,742 (+2.3%), from €118,536 to €121,278
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 | €477,334 | €469,067 | -€8,266 | -1.7% |
| Fixed assets | 21/28 | €111,546 | €70,555 | -€40,991 | -36.7% |
| Intangible fixed assets | 21 | €2,228 | €1,978 | -€250 | -11.2% |
| Tangible fixed assets | 22/27 | €109,318 | €68,577 | -€40,741 | -37.3% |
| Plant, machinery and equipment | 23 | €16,154 | €7,637 | -€8,517 | -52.7% |
| Furniture and vehicles | 24 | €4,470 | €1,049 | -€3,421 | -76.5% |
| Leasing and similar rights | 25 | €88,693 | €59,890 | -€28,802 | -32.5% |
| Current assets | 29/58 | €365,788 | €398,513 | +€32,725 | +8.9% |
| Stocks and contracts in progress | 3 | €44,317 | €73,906 | +€29,589 | +66.8% |
| Stocks | 30/36 | €28,291 | €31,270 | +€2,979 | +10.5% |
| Contracts in progress | 37 | €16,027 | €42,636 | +€26,610 | +166% |
| Amounts receivable within one year | 40/41 | €306,673 | €295,660 | -€11,013 | -3.6% |
| Trade receivables | 40 | €304,970 | €295,660 | -€9,310 | -3.1% |
| Other amounts receivable | 41 | €1,703 | - | -€1,703 | |
| Cash at bank and in hand | 54/58 | €10,685 | €22,765 | +€12,080 | +113% |
| Deferred charges and accrued income | 490/1 | €4,113 | €6,182 | +€2,069 | +50.3% |
| Total equity and liabilities | 10/49 | €477,334 | €469,067 | -€8,266 | -1.7% |
| Equity | 10/15 | €60,301 | €76,253 | +€15,952 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,701 | €57,653 | +€15,952 | +38.3% |
| Distributable reserves | 133 | €41,701 | €57,653 | +€15,952 | +38.3% |
| Amounts payable | 17/49 | €417,032 | €392,814 | -€24,218 | -5.8% |
| Amounts payable after more than one year | 17 | €80,365 | €66,120 | -€14,245 | -17.7% |
| Financial debts | 170/4 | €80,365 | €66,120 | -€14,245 | -17.7% |
| Amounts payable within one year | 42/48 | €336,555 | €318,952 | -€17,603 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €15,811 | €12,846 | -€2,965 | -18.8% |
| Trade debts | 44 | €181,383 | €95,585 | -€85,798 | -47.3% |
| Suppliers | 440/4 | €181,383 | €95,585 | -€85,798 | -47.3% |
| Taxes, remuneration and social security | 45 | €10,158 | €18,846 | +€8,688 | +85.5% |
| Taxes | 450/3 | €1,253 | €10,257 | +€9,003 | +718% |
| Remuneration and social security | 454/9 | €8,905 | €8,590 | -€315 | -3.5% |
| Other amounts payable | 47/48 | €129,202 | €191,675 | +€62,472 | +48.4% |
| Accrued charges and deferred income | 492/3 | €113 | €7,742 | +€7,629 | +6,770% |
| Remuneration, social security and pensions | 62 | €59,968 | €54,883 | -€5,085 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,185 | €40,991 | +€2,806 | +7.3% |
| Other operating charges | 640/8 | €1,051 | €980 | -€71 | -6.8% |
| Gross operating margin | 9900 | €118,536 | €121,278 | +€2,742 | +2.3% |
| Operating profit (loss) | 9901 | €19,332 | €24,424 | +€5,091 | +26.3% |
| Financial income | 75/76B | €124 | €387 | +€263 | +211% |
| Recurring financial income | 75 | €124 | €387 | +€263 | +211% |
| Financial charges | 65/66B | €8,034 | €8,170 | +€136 | +1.7% |
| Recurring financial charges | 65 | €8,034 | €8,170 | +€136 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €11,422 | €16,640 | +€5,218 | +45.7% |
| Income taxes | 67/77 | - | €688 | +€688 | |
| Profit (loss) for the period | 9904 | €11,422 | €15,952 | +€4,530 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,422 | €15,952 | +€4,530 | +39.7% |
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 17 October 2026 via checked.be.