Luminesca: 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.
Luminesca
Largest movements
- Cash +€71,367
up €71,367 (+2135.4%), from €3,342 to €74,709
mainly Net result for the year (+€64,829) and Tax, wage and social debts (+€9,681)
- Receivables within one year +€7,598
up €7,598 (+21.6%), from €35,222 to €42,820
- Reserves +€64,829
up €64,829 (+262.3%), from €24,717 to €89,546
- Tax, wage and social debts +€9,681
up €9,681 (+54.3%), from €17,832 to €27,513
- Other debts +€6,027
new in 2025: €6,027
- Current portion of long-term debt -€2,986
down €2,986 (-100.0%), from €2,986 to €0
- Gross operating margin +€55,172
up €55,172 (+159.7%), from €34,542 to €89,714
- Taxes +€11,013
up €11,013 (+168.3%), from €6,545 to €17,558
- Depreciation +€3,686
up €3,686 (+124.3%), from €2,966 to €6,652
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 | €50,547 | €129,496 | +€78,949 | +156.2% |
| Fixed assets | 21/28 | €11,983 | €10,863 | -€1,120 | -9.4% |
| Tangible fixed assets | 22/27 | €11,983 | €10,863 | -€1,120 | -9.4% |
| Plant, machinery and equipment | 23 | €1,011 | €1,622 | +€611 | +60.5% |
| Furniture and vehicles | 24 | €10,972 | €9,240 | -€1,732 | -15.8% |
| Current assets | 29/58 | €38,564 | €118,634 | +€80,070 | +207.6% |
| Amounts receivable within one year | 40/41 | €35,222 | €42,820 | +€7,598 | +21.6% |
| Trade receivables | 40 | €35,222 | €42,820 | +€7,598 | +21.6% |
| Cash at bank and in hand | 54/58 | €3,342 | €74,709 | +€71,367 | +2135.4% |
| Deferred charges and accrued income | 490/1 | - | €1,104 | +€1,104 | |
| Total equity and liabilities | 10/49 | €50,547 | €129,496 | +€78,949 | +156.2% |
| Equity | 10/15 | €29,717 | €94,546 | +€64,829 | +218.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,717 | €89,546 | +€64,829 | +262.3% |
| Distributable reserves | 133 | €24,717 | €89,546 | +€64,829 | +262.3% |
| Amounts payable | 17/49 | €20,830 | €34,950 | +€14,121 | +67.8% |
| Amounts payable within one year | 42/48 | €20,818 | €34,737 | +€13,919 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €2,986 | €0 | -€2,986 | -100.0% |
| Trade debts | 44 | - | €1,197 | +€1,197 | |
| Suppliers | 440/4 | - | €1,197 | +€1,197 | |
| Taxes, remuneration and social security | 45 | €17,832 | €27,513 | +€9,681 | +54.3% |
| Taxes | 450/3 | €17,832 | €27,513 | +€9,681 | +54.3% |
| Other amounts payable | 47/48 | - | €6,027 | +€6,027 | |
| Accrued charges and deferred income | 492/3 | €12 | €213 | +€202 | +1706.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,966 | €6,652 | +€3,686 | +124.3% |
| Other operating charges | 640/8 | €194 | €264 | +€70 | +36.0% |
| Gross operating margin | 9900 | €34,542 | €89,714 | +€55,172 | +159.7% |
| Operating profit (loss) | 9901 | €31,382 | €82,798 | +€51,416 | +163.8% |
| Financial income | 75/76B | €24 | €12 | -€12 | -51.3% |
| Recurring financial income | 75 | €24 | €12 | -€12 | -51.3% |
| Financial charges | 65/66B | €143 | €423 | +€280 | +195.5% |
| Recurring financial charges | 65 | €143 | €423 | +€280 | +195.5% |
| Profit (loss) for the period before taxes | 9903 | €31,263 | €82,387 | +€51,124 | +163.5% |
| Income taxes | 67/77 | €6,545 | €17,558 | +€11,013 | +168.3% |
| Profit (loss) for the period | 9904 | €24,717 | €64,829 | +€40,111 | +162.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,717 | €64,829 | +€40,111 | +162.3% |
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 2 October 2026 via checked.be.