LUMIDEE: 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.
LUMIDEE
Largest movements
- Financial fixed assets -€185,000
down €185,000 (-100.0%), from €185,000 to €0
- Cash +€43,380
up €43,380 (+340.2%), from €12,753 to €56,133
mainly Investment in fixed assets (net) (+€185,000) and Stocks and contracts (+€18,755)
- Stocks and contracts -€18,755
down €18,755 (-17.2%), from €109,205 to €90,450
- Receivables within one year -€17,226
down €17,226 (-46.1%), from €37,388 to €20,163
of which Other amounts receivable: -€16,300
- Tangible fixed assets -€6,717
down €6,717 (-51.8%), from €12,967 to €6,251
- Debts after one year -€141,812
down €141,812 (-74.1%), from €191,339 to €49,527
- Reserves -€20,849
down €20,849 (-17.9%), from €116,212 to €95,363
of which Distributable reserves: -€20,849
- Short-term financial debts -€8,560
down €8,560 (-100.0%), from €8,560 to €0
- Trade debts -€6,779
down €6,779 (-47.1%), from €14,389 to €7,611
- Tax, wage and social debts -€6,600
down €6,600 (-61.5%), from €10,725 to €4,125
of which Taxes: -€6,600
- Staff costs -€33,942
down €33,942 (-93.9%), from €36,164 to €2,222
- Gross operating margin -€32,014
down €32,014, from €19,406 to -€12,608
- Financial income -€5,825
down €5,825 (-94.1%), from €6,193 to €368
- Financial charges -€4,288
down €4,288 (-98.1%), from €4,371 to €83
- Depreciation -€1,732
down €1,732 (-20.5%), from €8,448 to €6,717
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,818 | €172,996 | -€186,821 | -51.9% |
| Fixed assets | 21/28 | €197,967 | €6,251 | -€191,717 | -96.8% |
| Tangible fixed assets | 22/27 | €12,967 | €6,251 | -€6,717 | -51.8% |
| Plant, machinery and equipment | 23 | €12,967 | €6,251 | -€6,717 | -51.8% |
| Financial fixed assets | 28 | €185,000 | €0 | -€185,000 | -100.0% |
| Current assets | 29/58 | €161,850 | €166,746 | +€4,895 | +3.0% |
| Stocks and contracts in progress | 3 | €109,205 | €90,450 | -€18,755 | -17.2% |
| Stocks | 30/36 | €109,205 | €90,450 | -€18,755 | -17.2% |
| Amounts receivable within one year | 40/41 | €37,388 | €20,163 | -€17,226 | -46.1% |
| Trade receivables | 40 | €21,088 | €20,163 | -€926 | -4.4% |
| Other amounts receivable | 41 | €16,300 | €0 | -€16,300 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,753 | €56,133 | +€43,380 | +340.2% |
| Deferred charges and accrued income | 490/1 | €2,504 | €0 | -€2,504 | -100.0% |
| Total equity and liabilities | 10/49 | €359,818 | €172,996 | -€186,821 | -51.9% |
| Equity | 10/15 | €134,804 | €111,733 | -€23,071 | -17.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €116,212 | €95,363 | -€20,849 | -17.9% |
| Non-distributable reserves | 130/1 | €1,863 | €1,863 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,863 | €1,863 | = | 0.0% |
| Distributable reserves | 133 | €114,349 | €93,500 | -€20,849 | -18.2% |
| Profit (loss) carried forward | 14 | - | -€2,222 | -€2,222 | |
| Amounts payable | 17/49 | €225,013 | €61,263 | -€163,750 | -72.8% |
| Amounts payable after more than one year | 17 | €191,339 | €49,527 | -€141,812 | -74.1% |
| Other amounts payable | 178/9 | €191,339 | €49,527 | -€141,812 | -74.1% |
| Amounts payable within one year | 42/48 | €33,674 | €11,736 | -€21,938 | -65.1% |
| Financial debts | 43 | €8,560 | €0 | -€8,560 | -100.0% |
| Credit institutions | 430/8 | €8,560 | €0 | -€8,560 | -100.0% |
| Trade debts | 44 | €14,389 | €7,611 | -€6,779 | -47.1% |
| Suppliers | 440/4 | €14,389 | €7,611 | -€6,779 | -47.1% |
| Taxes, remuneration and social security | 45 | €10,725 | €4,125 | -€6,600 | -61.5% |
| Taxes | 450/3 | €10,725 | €4,125 | -€6,600 | -61.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €36,164 | €2,222 | -€33,942 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,448 | €6,717 | -€1,732 | -20.5% |
| Other operating charges | 640/8 | €1,085 | €1,671 | +€587 | +54.1% |
| Gross operating margin | 9900 | €19,406 | -€12,608 | -€32,014 | |
| Operating profit (loss) | 9901 | -€26,291 | -€23,218 | +€3,073 | +11.7% |
| Financial income | 75/76B | €6,193 | €368 | -€5,825 | -94.1% |
| Recurring financial income | 75 | €6,193 | €368 | -€5,825 | -94.1% |
| Financial charges | 65/66B | €4,371 | €83 | -€4,288 | -98.1% |
| Recurring financial charges | 65 | €4,371 | €83 | -€4,288 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,469 | -€22,934 | +€1,535 | +6.3% |
| Income taxes | 67/77 | €140 | €137 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€24,609 | -€23,071 | +€1,538 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,609 | -€23,071 | +€1,538 | +6.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.