LUMILEON: 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.
LUMILEON
Largest movements
- Tangible fixed assets +€552,151
up €552,151 (+95.9%), from €575,698 to €1.1m
of which Land and buildings: +€553,345
- Cash +€65,222
up €65,222 (+241%), from €27,017 to €92,239
mainly Debts after one year (+€524,652) and Net result for the year (+€80,578)
- Current investments -€46,000
down €46,000 (-100%), from €46,000 to €0
- Debts after one year +€524,652
up €524,652 (+130%), from €402,828 to €927,480
- Reserves +€56,082
up €56,082 (+42.5%), from €131,869 to €187,951
- Other debts -€49,905
down €49,905 (-100%), from €49,905 to €0
- Current portion of long-term debt +€38,465
up €38,465 (+130%), from €29,610 to €68,075
- Tax, wage and social debts +€30,228
up €30,228 (+187%), from €16,208 to €46,436
of which Taxes: +€30,228
- Gross operating margin +€110,245
up €110,245 (+81.4%), from €135,399 to €245,644
- Other operating charges +€63,746
up €63,746 (+4,193%), from €1,520 to €65,266
- Taxes +€21,949
up €21,949 (+76.8%), from €28,584 to €50,534
- Financial income +€14,647
up €14,647 (+2,070%), from €708 to €15,355
- Depreciation +€7,216
up €7,216 (+17.1%), from €42,320 to €49,536
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 | €703,435 | €1,268,832 | +€565,397 | +80.4% |
| Fixed assets | 21/28 | €575,698 | €1,127,849 | +€552,151 | +95.9% |
| Tangible fixed assets | 22/27 | €575,698 | €1,127,849 | +€552,151 | +95.9% |
| Land and buildings | 22 | €571,973 | €1,125,317 | +€553,345 | +96.7% |
| Furniture and vehicles | 24 | €3,725 | €2,532 | -€1,193 | -32.0% |
| Current assets | 29/58 | €127,737 | €140,983 | +€13,246 | +10.4% |
| Amounts receivable after more than one year | 29 | - | €8,000 | +€8,000 | |
| Other amounts receivable | 291 | - | €8,000 | +€8,000 | |
| Amounts receivable within one year | 40/41 | €50,511 | €37,844 | -€12,667 | -25.1% |
| Trade receivables | 40 | €48,885 | €35,200 | -€13,685 | -28.0% |
| Other amounts receivable | 41 | €1,627 | €2,644 | +€1,018 | +62.6% |
| Current investments | 50/53 | €46,000 | €0 | -€46,000 | -100% |
| Cash at bank and in hand | 54/58 | €27,017 | €92,239 | +€65,222 | +241% |
| Deferred charges and accrued income | 490/1 | €4,208 | €2,899 | -€1,310 | -31.1% |
| Total equity and liabilities | 10/49 | €703,435 | €1,268,832 | +€565,397 | +80.4% |
| Equity | 10/15 | €150,469 | €206,551 | +€56,082 | +37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,869 | €187,951 | +€56,082 | +42.5% |
| Distributable reserves | 133 | €131,869 | €187,951 | +€56,082 | +42.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €552,966 | €1,062,281 | +€509,315 | +92.1% |
| Amounts payable after more than one year | 17 | €402,828 | €927,480 | +€524,652 | +130% |
| Financial debts | 170/4 | €402,828 | €927,480 | +€524,652 | +130% |
| Amounts payable within one year | 42/48 | €146,035 | €134,284 | -€11,750 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €29,610 | €68,075 | +€38,465 | +130% |
| Financial debts | 43 | €17,029 | €10,108 | -€6,921 | -40.6% |
| Credit institutions | 430/8 | €17,029 | €10,108 | -€6,921 | -40.6% |
| Trade debts | 44 | €33,283 | €9,666 | -€23,618 | -71.0% |
| Suppliers | 440/4 | €33,283 | €9,666 | -€23,618 | -71.0% |
| Taxes, remuneration and social security | 45 | €16,208 | €46,436 | +€30,228 | +187% |
| Taxes | 450/3 | €15,222 | €45,451 | +€30,228 | +199% |
| Remuneration and social security | 454/9 | €986 | €986 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €49,905 | €0 | -€49,905 | -100% |
| Accrued charges and deferred income | 492/3 | €4,104 | €517 | -€3,588 | -87.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,320 | €49,536 | +€7,216 | +17.1% |
| Other operating charges | 640/8 | €1,520 | €65,266 | +€63,746 | +4,193% |
| Gross operating margin | 9900 | €135,399 | €245,644 | +€110,245 | +81.4% |
| Operating profit (loss) | 9901 | €91,559 | €130,843 | +€39,284 | +42.9% |
| Financial income | 75/76B | €708 | €15,355 | +€14,647 | +2,070% |
| Recurring financial income | 75 | €708 | €15,355 | +€14,647 | +2,070% |
| Financial charges | 65/66B | €16,917 | €15,086 | -€1,830 | -10.8% |
| Recurring financial charges | 65 | €16,917 | €15,086 | -€1,830 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €75,350 | €131,112 | +€55,762 | +74.0% |
| Income taxes | 67/77 | €28,584 | €50,534 | +€21,949 | +76.8% |
| Profit (loss) for the period | 9904 | €46,766 | €80,578 | +€33,812 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,766 | €80,578 | +€33,812 | +72.3% |
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 19 October 2026 via checked.be.