LUMISA: 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.
LUMISA
Largest movements
- Tangible fixed assets -€12,108
down €12,108 (-2.6%), from €465,713 to €453,605
of which Land and buildings: -€10,256
- Debts after one year -€102,504
down €102,504 (-31.7%), from €323,374 to €220,870
- Profit (loss) carried forward +€52,420
up €52,420, from -€51,427 to €992
- Other debts +€16,014
up €16,014 (+22.2%), from €72,141 to €88,155
- Trade debts +€11,786
up €11,786 (+35.1%), from €33,591 to €45,376
- Tax, wage and social debts +€9,279
up €9,279 (+2931.9%), from €316 to €9,595
- Gross operating margin +€54,644
up €54,644 (+140.1%), from €38,993 to €93,637
- Taxes +€9,000
new in 2025: €9,000
- Financial charges -€3,415
down €3,415 (-25.6%), from €13,355 to €9,940
- Other operating charges +€1,097
up €1,097 (+12.1%), from €9,072 to €10,169
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 | €469,131 | €453,993 | -€15,138 | -3.2% |
| Fixed assets | 21/28 | €465,713 | €453,605 | -€12,108 | -2.6% |
| Tangible fixed assets | 22/27 | €465,713 | €453,605 | -€12,108 | -2.6% |
| Land and buildings | 22 | €457,610 | €447,354 | -€10,256 | -2.2% |
| Plant, machinery and equipment | 23 | €8,103 | €6,251 | -€1,852 | -22.9% |
| Current assets | 29/58 | €3,418 | €388 | -€3,030 | -88.7% |
| Amounts receivable within one year | 40/41 | €158 | €382 | +€225 | +142.6% |
| Trade receivables | 40 | €158 | €382 | +€225 | +142.6% |
| Cash at bank and in hand | 54/58 | €3,260 | €5 | -€3,255 | -99.8% |
| Total equity and liabilities | 10/49 | €469,131 | €453,993 | -€15,138 | -3.2% |
| Equity | 10/15 | €8,573 | €60,992 | +€52,420 | +611.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,427 | €992 | +€52,420 | |
| Amounts payable | 17/49 | €460,558 | €393,001 | -€67,558 | -14.7% |
| Amounts payable after more than one year | 17 | €323,374 | €220,870 | -€102,504 | -31.7% |
| Financial debts | 170/4 | €323,374 | €220,870 | -€102,504 | -31.7% |
| Amounts payable within one year | 42/48 | €136,258 | €172,130 | +€35,872 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €30,210 | €29,004 | -€1,206 | -4.0% |
| Trade debts | 44 | €33,591 | €45,376 | +€11,786 | +35.1% |
| Suppliers | 440/4 | €33,591 | €45,376 | +€11,786 | +35.1% |
| Taxes, remuneration and social security | 45 | €316 | €9,595 | +€9,279 | +2931.9% |
| Taxes | 450/3 | €316 | €9,595 | +€9,279 | +2931.9% |
| Other amounts payable | 47/48 | €72,141 | €88,155 | +€16,014 | +22.2% |
| Accrued charges and deferred income | 492/3 | €926 | - | -€926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,377 | €12,108 | -€268 | -2.2% |
| Other operating charges | 640/8 | €9,072 | €10,169 | +€1,097 | +12.1% |
| Gross operating margin | 9900 | €38,993 | €93,637 | +€54,644 | +140.1% |
| Operating profit (loss) | 9901 | €17,544 | €71,360 | +€53,816 | +306.7% |
| Financial charges | 65/66B | €13,355 | €9,940 | -€3,415 | -25.6% |
| Recurring financial charges | 65 | €13,355 | €9,940 | -€3,415 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €4,189 | €61,420 | +€57,231 | +1366.2% |
| Income taxes | 67/77 | - | €9,000 | +€9,000 | |
| Profit (loss) for the period | 9904 | €4,189 | €52,420 | +€48,231 | +1151.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,189 | €52,420 | +€48,231 | +1151.3% |
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 11 October 2026 via checked.be.