LumIKA: 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.
LumIKA
Largest movements
- Cash -€10.5m
down €10.5m (-99.8%), from €10.6m to €26,111
mainly Trade debts (-€7.9m) and Investment in fixed assets (net) (-€3.2m)
- Tangible fixed assets +€2.6m
up €2.6m (+20.1%), from €12.8m to €15.4m
of which Plant, machinery and equipment: +€15.4m
- Receivables within one year +€452,175
up €452,175 (+753.3%), from €60,023 to €512,198
of which Trade receivables: +€512,198
- Trade debts -€7.9m
down €7.9m (-99.2%), from €8.0m to €67,974
- Accrued charges and deferred income +€773,452
up €773,452 (+365.0%), from €211,907 to €985,360
- Profit (loss) carried forward -€383,694
down €383,694 (-746.7%), from -€51,385 to -€435,079
- Turnover +€1.0m
new in 2025: €1.0m
- Gross operating margin +€795,425
up €795,425, from -€42,143 to €753,282
- Depreciation +€598,541
up €598,541 (+242128.2%), from €247 to €598,788
- Financial charges +€519,003
up €519,003 (+80451.8%), from €645 to €519,648
- Purchases and services +€214,677
up €214,677 (+509.4%), from €42,143 to €256,820
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 | €23,435,134 | €15,920,288 | -€7.5m | -32.1% |
| Formation expenses | 20 | €742 | €494 | -€247 | -33.3% |
| Fixed assets | 21/28 | €12,793,075 | €15,362,547 | +€2.6m | +20.1% |
| Tangible fixed assets | 22/27 | €12,793,075 | €15,362,547 | +€2.6m | +20.1% |
| Plant, machinery and equipment | 23 | - | €15,362,547 | +€15.4m | |
| Assets under construction and advance payments | 27 | €12,793,075 | - | -€12.8m | |
| Current assets | 29/58 | €10,641,317 | €557,246 | -€10.1m | -94.8% |
| Amounts receivable within one year | 40/41 | €60,023 | €512,198 | +€452,175 | +753.3% |
| Trade receivables | 40 | - | €512,198 | +€512,198 | |
| Other amounts receivable | 41 | €60,023 | - | -€60,023 | |
| Cash at bank and in hand | 54/58 | €10,575,461 | €26,111 | -€10.5m | -99.8% |
| Deferred charges and accrued income | 490/1 | €5,833 | €18,937 | +€13,104 | +224.6% |
| Total equity and liabilities | 10/49 | €23,435,134 | €15,920,288 | -€7.5m | -32.1% |
| Equity | 10/15 | €4,526,353 | €4,142,659 | -€383,694 | -8.5% |
| Contributions | 10/11 | €4,577,738 | €4,577,738 | = | 0.0% |
| Capital | 10 | €4,577,738 | €4,577,738 | = | 0.0% |
| Issued capital | 100 | €4,577,738 | €4,577,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,385 | -€435,079 | -€383,694 | -746.7% |
| Provisions and deferred taxes | 16 | - | €18,140 | +€18,140 | |
| Provisions for liabilities and charges | 160/5 | - | €18,140 | +€18,140 | |
| Other liabilities and charges | 164/5 | - | €18,140 | +€18,140 | |
| Amounts payable | 17/49 | €18,908,781 | €11,759,489 | -€7.1m | -37.8% |
| Amounts payable after more than one year | 17 | €10,681,390 | €10,681,390 | = | 0.0% |
| Financial debts | 170/4 | €10,681,390 | €10,681,390 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,015,484 | €92,739 | -€7.9m | -98.8% |
| Trade debts | 44 | €8,015,484 | €67,974 | -€7.9m | -99.2% |
| Suppliers | 440/4 | €8,015,484 | €67,974 | -€7.9m | -99.2% |
| Taxes, remuneration and social security | 45 | - | €24,765 | +€24,765 | |
| Taxes | 450/3 | - | €24,765 | +€24,765 | |
| Accrued charges and deferred income | 492/3 | €211,907 | €985,360 | +€773,452 | +365.0% |
| Turnover | 70 | - | €1,010,102 | +€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,143 | €256,820 | +€214,677 | +509.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €598,788 | +€598,541 | +242128.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €18,140 | +€18,140 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€42,143 | €753,282 | +€795,425 | |
| Operating profit (loss) | 9901 | -€42,390 | €135,954 | +€178,344 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €645 | €519,648 | +€519,003 | +80451.8% |
| Recurring financial charges | 65 | €645 | €519,648 | +€519,003 | +80451.8% |
| Profit (loss) for the period before taxes | 9903 | -€43,035 | -€383,694 | -€340,658 | -791.6% |
| Profit (loss) for the period | 9904 | -€43,035 | -€383,694 | -€340,658 | -791.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,035 | -€383,694 | -€340,658 | -791.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.