LUMIERE GRISE: what changed
LUMIERE GRISE
Largest movements
- Cash +€13,609
up €13,609 (+377%), from €3,606 to €17,216
mainly Net result for the year (+€5,295) and Other debts (+€4,989)
- Receivables within one year -€3,935
down €3,935 (-34.3%), from €11,466 to €7,531
of which Other amounts receivable: -€3,757
- Deferred charges and accrued income +€931
up €931 (+115%), from €812 to €1,743
- Profit (loss) carried forward +€5,295
up €5,295 (+7.1%), from -€75,024 to -€69,729
- Other debts +€4,989
up €4,989 (+8.0%), from €62,121 to €67,110
- Advances received -€2,011
down €2,011 (-34.7%), from €5,794 to €3,783
- Tax, wage and social debts +€1,267
up €1,267 (+407%), from €311 to €1,578
- Trade debts +€935
up €935 (+13.0%), from €7,214 to €8,149
- Gross operating margin +€6,242
up €6,242 (+208%), from €3,003 to €9,245
- Write-downs +€3,722
new in 2025: €3,722
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,015 | €29,490 | +€10,474 | +55.1% |
| Fixed assets | 21/28 | €3,131 | €3,000 | -€131 | -4.2% |
| Tangible fixed assets | 22/27 | €131 | - | -€131 | |
| Plant, machinery and equipment | 23 | €131 | - | -€131 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €15,884 | €26,490 | +€10,606 | +66.8% |
| Amounts receivable within one year | 40/41 | €11,466 | €7,531 | -€3,935 | -34.3% |
| Trade receivables | 40 | €4,895 | €4,717 | -€178 | -3.6% |
| Other amounts receivable | 41 | €6,571 | €2,814 | -€3,757 | -57.2% |
| Cash at bank and in hand | 54/58 | €3,606 | €17,216 | +€13,609 | +377% |
| Deferred charges and accrued income | 490/1 | €812 | €1,743 | +€931 | +115% |
| Total equity and liabilities | 10/49 | €19,015 | €29,490 | +€10,474 | +55.1% |
| Equity | 10/15 | -€56,424 | -€51,129 | +€5,295 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,024 | -€69,729 | +€5,295 | +7.1% |
| Amounts payable | 17/49 | €75,440 | €80,619 | +€5,179 | +6.9% |
| Amounts payable within one year | 42/48 | €75,440 | €80,619 | +€5,179 | +6.9% |
| Trade debts | 44 | €7,214 | €8,149 | +€935 | +13.0% |
| Suppliers | 440/4 | €7,214 | €8,149 | +€935 | +13.0% |
| Advances received on contracts in progress | 46 | €5,794 | €3,783 | -€2,011 | -34.7% |
| Taxes, remuneration and social security | 45 | €311 | €1,578 | +€1,267 | +407% |
| Taxes | 450/3 | €311 | €1,578 | +€1,267 | +407% |
| Other amounts payable | 47/48 | €62,121 | €67,110 | +€4,989 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140 | €131 | -€9 | -6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,722 | +€3,722 | |
| Gross operating margin | 9900 | €3,003 | €9,245 | +€6,242 | +208% |
| Operating profit (loss) | 9901 | €2,863 | €5,391 | +€2,528 | +88.3% |
| Financial charges | 65/66B | €112 | €96 | -€16 | -14.4% |
| Recurring financial charges | 65 | €112 | €96 | -€16 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €2,751 | €5,295 | +€2,544 | +92.5% |
| Profit (loss) for the period | 9904 | €2,751 | €5,295 | +€2,544 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,751 | €5,295 | +€2,544 | +92.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.