luminelec: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
luminelec
Largest movements
- Receivables within one year +€4,928
up €4,928 (+9.9%), from €49,637 to €54,564
of which Trade receivables: +€3,217
- Tangible fixed assets -€2,674
down €2,674 (-59.1%), from €4,525 to €1,851
of which Furniture and vehicles: -€1,700
- Cash -€1,268
down €1,268 (-19.6%), from €6,480 to €5,212
mainly Trade debts (-€6,879) and Receivables within one year (-€4,928)
- Profit (loss) carried forward +€14,621
up €14,621 (+88.5%), from €16,530 to €31,151
- Trade debts -€6,879
down €6,879 (-43.0%), from €15,996 to €9,116
- Current portion of long-term debt -€2,973
down €2,973 (-66.7%), from €4,460 to €1,487
- Tax, wage and social debts -€2,297
down €2,297 (-15.8%), from €14,551 to €12,254
of which Taxes: -€4,777
- Debts after one year -€1,487
no longer reported in 2025 (was €1,487)
- Gross operating margin +€12,173
up €12,173 (+31.8%), from €38,280 to €50,453
- Other operating charges -€6,196
down €6,196 (-79.0%), from €7,840 to €1,644
- Taxes +€5,585
up €5,585 (+649%), from €860 to €6,446
- Depreciation -€4,702
down €4,702 (-60.5%), from €7,772 to €3,070
- Staff costs -€3,155
down €3,155 (-11.4%), from €27,701 to €24,546
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 | €61,083 | €62,068 | +€985 | +1.6% |
| Fixed assets | 21/28 | €4,966 | €2,292 | -€2,674 | -53.9% |
| Tangible fixed assets | 22/27 | €4,525 | €1,851 | -€2,674 | -59.1% |
| Plant, machinery and equipment | 23 | €1,747 | €772 | -€974 | -55.8% |
| Furniture and vehicles | 24 | €2,779 | €1,079 | -€1,700 | -61.2% |
| Financial fixed assets | 28 | €440 | €440 | = | 0.0% |
| Current assets | 29/58 | €56,117 | €59,777 | +€3,659 | +6.5% |
| Amounts receivable within one year | 40/41 | €49,637 | €54,564 | +€4,928 | +9.9% |
| Trade receivables | 40 | €16,820 | €20,036 | +€3,217 | +19.1% |
| Other amounts receivable | 41 | €32,817 | €34,528 | +€1,711 | +5.2% |
| Cash at bank and in hand | 54/58 | €6,480 | €5,212 | -€1,268 | -19.6% |
| Total equity and liabilities | 10/49 | €61,083 | €62,068 | +€985 | +1.6% |
| Equity | 10/15 | €24,590 | €39,211 | +€14,621 | +59.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,530 | €31,151 | +€14,621 | +88.5% |
| Amounts payable | 17/49 | €36,493 | €22,857 | -€13,636 | -37.4% |
| Amounts payable after more than one year | 17 | €1,487 | - | -€1,487 | |
| Financial debts | 170/4 | €1,487 | - | -€1,487 | |
| Amounts payable within one year | 42/48 | €35,007 | €22,857 | -€12,149 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €4,460 | €1,487 | -€2,973 | -66.7% |
| Trade debts | 44 | €15,996 | €9,116 | -€6,879 | -43.0% |
| Suppliers | 440/4 | €15,996 | €9,116 | -€6,879 | -43.0% |
| Taxes, remuneration and social security | 45 | €14,551 | €12,254 | -€2,297 | -15.8% |
| Taxes | 450/3 | €10,972 | €6,196 | -€4,777 | -43.5% |
| Remuneration and social security | 454/9 | €3,579 | €6,059 | +€2,480 | +69.3% |
| Remuneration, social security and pensions | 62 | €27,701 | €24,546 | -€3,155 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,772 | €3,070 | -€4,702 | -60.5% |
| Other operating charges | 640/8 | €7,840 | €1,644 | -€6,196 | -79.0% |
| Gross operating margin | 9900 | €38,280 | €50,453 | +€12,173 | +31.8% |
| Operating profit (loss) | 9901 | -€5,032 | €21,193 | +€26,225 | |
| Financial income | 75/76B | €2,870 | €1,122 | -€1,748 | -60.9% |
| Recurring financial income | 75 | €2,870 | €1,122 | -€1,748 | -60.9% |
| Financial charges | 65/66B | €3,206 | €1,249 | -€1,957 | -61.0% |
| Recurring financial charges | 65 | €3,206 | €1,249 | -€1,957 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,368 | €21,067 | +€26,434 | |
| Income taxes | 67/77 | €860 | €6,446 | +€5,585 | +649% |
| Profit (loss) for the period | 9904 | -€6,228 | €14,621 | +€20,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,228 | €14,621 | +€20,849 |
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 1 November 2026 via checked.be.