LUMIARES: 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.
LUMIARES
Largest movements
- Financial fixed assets +€76,743
up €76,743 (+7.5%), from €1.0m to €1.1m
- Cash +€58,313
up €58,313 (+91.4%), from €63,777 to €122,089
mainly Contributions, distributions and other (+€200,000) and Deferred charges and accrued income (+€1,667)
- Contributions +€200,000
up €200,000 (+13.3%), from €1.5m to €1.7m
- Profit (loss) carried forward -€66,878
down €66,878 (-19.4%), from -€343,891 to -€410,770
- Gross operating margin +€75,790
up €75,790 (+43.8%), from -€172,897 to -€97,107
- Financial charges +€26,912
up €26,912 (+6,301%), from €427 to €27,339
- Financial income +€17,105
up €17,105 (+41.1%), from €41,606 to €58,710
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 | €1,167,557 | €1,300,945 | +€133,388 | +11.4% |
| Fixed assets | 21/28 | €1,029,500 | €1,106,243 | +€76,743 | +7.5% |
| Financial fixed assets | 28 | €1,029,500 | €1,106,243 | +€76,743 | +7.5% |
| Current assets | 29/58 | €138,057 | €194,702 | +€56,645 | +41.0% |
| Cash at bank and in hand | 54/58 | €63,777 | €122,089 | +€58,313 | +91.4% |
| Deferred charges and accrued income | 490/1 | €74,280 | €72,613 | -€1,667 | -2.2% |
| Total equity and liabilities | 10/49 | €1,167,557 | €1,300,945 | +€133,388 | +11.4% |
| Equity | 10/15 | €1,162,609 | €1,295,730 | +€133,122 | +11.5% |
| Contributions | 10/11 | €1,506,500 | €1,706,500 | +€200,000 | +13.3% |
| Profit (loss) carried forward | 14 | -€343,891 | -€410,770 | -€66,878 | -19.4% |
| Amounts payable | 17/49 | €4,948 | €5,215 | +€267 | +5.4% |
| Amounts payable within one year | 42/48 | €4,948 | €5,215 | +€267 | +5.4% |
| Trade debts | 44 | €4,948 | €5,215 | +€267 | +5.4% |
| Suppliers | 440/4 | €4,948 | €5,215 | +€267 | +5.4% |
| Other operating charges | 640/8 | €141 | €1,143 | +€1,002 | +713% |
| Gross operating margin | 9900 | -€172,897 | -€97,107 | +€75,790 | +43.8% |
| Operating profit (loss) | 9901 | -€173,038 | -€98,250 | +€74,788 | +43.2% |
| Financial income | 75/76B | €41,606 | €58,710 | +€17,105 | +41.1% |
| Recurring financial income | 75 | €41,606 | €58,710 | +€17,105 | +41.1% |
| Financial charges | 65/66B | €427 | €27,339 | +€26,912 | +6,301% |
| Recurring financial charges | 65 | €427 | €27,339 | +€26,912 | +6,301% |
| Profit (loss) for the period before taxes | 9903 | -€131,859 | -€66,878 | +€64,981 | +49.3% |
| Profit (loss) for the period | 9904 | -€131,859 | -€66,878 | +€64,981 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,859 | -€66,878 | +€64,981 | +49.3% |
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 21 October 2026 via checked.be.