LUMIVAN: what changed
What changed
LUMIVAN
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€3,986
2024 · -€1,444+€5,430
Equity
€706,177
2024 · €702,191+€3,986
Cash
€15,005
2024 · €52,133-€37,128
Balance sheet total
€1.8m
2024 · €1.8m-€62,433
Largest movements
Assets
- Cash -€37,128
down €37,128 (-71.2%), from €52,133 to €15,005
mainly Debts after one year (-€571,561) and Accrued charges and deferred income (-€5,134)
- Receivables within one year -€19,781
down €19,781 (-24.7%), from €80,242 to €60,461
of which Trade receivables: -€11,967
Equity and liabilities
- Debts after one year -€571,561
down €571,561 (-62.6%), from €912,369 to €340,808
- Other debts +€512,253
up €512,253 (+334%), from €153,168 to €665,420
Income statement
- Turnover -€191,720
no longer reported in 2025 (was €191,720)
- Gross operating margin +€110,867
new in 2025: €110,867
- Services and other goods -€79,722
no longer reported in 2025 (was €79,722)
- Staff costs -€6,891
down €6,891 (-12.0%), from €57,415 to €50,524
- Financial charges -€4,677
down €4,677 (-8.2%), from €57,138 to €52,461
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.
Result 2024
-€1,444
Turnover
-€191,720
Other operating income
-€3,067
Services and other goods
+€79,722
Staff costs
+€6,891
Other operating charges
-€42
Other operating items
+€110,867
Financial income
+€1
Financial charges
+€4,677
Taxes
-€1,898
Result 2025
€3,986
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€538,658
Investment
€0
Financing
-€575,786
Cash 2024
€52,133
From operations (derived)
+€538,658
Net result for the year
+€3,986
Receivables within one year
+€19,781
Deferred charges and accrued income
+€5,524
Trade debts
-€3,177
Tax, wage and social debts
+€5,426
Other debts
+€512,253
Accrued charges and deferred income
-€5,134
Financing
-€575,786
Debts after one year
-€571,561
Current portion of long-term debt
-€4,226
Cash 2025
€15,005
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,843,097 | €1,780,663 | -€62,433 | -3.4% |
| Fixed assets | 21/28 | €1,699,498 | €1,699,498 | = | 0.0% |
| Financial fixed assets | 28 | €1,699,498 | €1,699,498 | = | 0.0% |
| Affiliated companies | 280/1 | €1,699,485 | - | -€1.7m | |
| Participating interests | 280 | €1,699,485 | - | -€1.7m | |
| Other financial fixed assets | 284/8 | €13 | - | -€13 | |
| Amounts receivable and cash guarantees | 285/8 | €13 | - | -€13 | |
| Current assets | 29/58 | €143,599 | €81,166 | -€62,433 | -43.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €80,242 | €60,461 | -€19,781 | -24.7% |
| Trade receivables | 40 | €71,027 | €59,060 | -€11,967 | -16.8% |
| Other amounts receivable | 41 | €9,215 | €1,401 | -€7,814 | -84.8% |
| Cash at bank and in hand | 54/58 | €52,133 | €15,005 | -€37,128 | -71.2% |
| Deferred charges and accrued income | 490/1 | €11,224 | €5,699 | -€5,524 | -49.2% |
| Total equity and liabilities | 10/49 | €1,843,097 | €1,780,663 | -€62,433 | -3.4% |
| Equity | 10/15 | €702,191 | €706,177 | +€3,986 | +0.6% |
| Contributions | 10/11 | €449,485 | €449,485 | = | 0.0% |
| Reserves | 13 | €252,706 | €256,692 | +€3,986 | +1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €252,706 | €256,692 | +€3,986 | +1.6% |
| Amounts payable | 17/49 | €1,140,906 | €1,074,486 | -€66,420 | -5.8% |
| Amounts payable after more than one year | 17 | €912,369 | €340,808 | -€571,561 | -62.6% |
| Financial debts | 170/4 | €912,369 | €340,808 | -€571,561 | -62.6% |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €912,369 | - | -€912,369 | |
| Amounts payable within one year | 42/48 | €173,499 | €683,774 | +€510,275 | +294% |
| Current portion of amounts payable after more than one year | 42 | €4,226 | €0 | -€4,226 | -100% |
| Trade debts | 44 | €5,151 | €1,974 | -€3,177 | -61.7% |
| Suppliers | 440/4 | €5,151 | €1,974 | -€3,177 | -61.7% |
| Taxes, remuneration and social security | 45 | €10,955 | €16,380 | +€5,426 | +49.5% |
| Taxes | 450/3 | €3,573 | €10,342 | +€6,769 | +189% |
| Remuneration and social security | 454/9 | €7,381 | €6,038 | -€1,343 | -18.2% |
| Other amounts payable | 47/48 | €153,168 | €665,420 | +€512,253 | +334% |
| Accrued charges and deferred income | 492/3 | €55,037 | €49,903 | -€5,134 | -9.3% |
| Operating income | 70/76A | €194,787 | - | -€194,787 | |
| Turnover | 70 | €191,720 | - | -€191,720 | |
| Other operating income | 74 | €3,067 | - | -€3,067 | |
| Operating charges | 60/66A | €138,220 | - | -€138,220 | |
| Services and other goods | 61 | €79,722 | - | -€79,722 | |
| Remuneration, social security and pensions | 62 | €57,415 | €50,524 | -€6,891 | -12.0% |
| Other operating charges | 640/8 | €1,083 | €1,124 | +€42 | +3.9% |
| Gross operating margin | 9900 | - | €110,867 | +€110,867 | |
| Operating profit (loss) | 9901 | €56,567 | €59,218 | +€2,651 | +4.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Income from current assets | 751 | €0 | - | = | |
| Financial charges | 65/66B | €57,138 | €52,461 | -€4,677 | -8.2% |
| Recurring financial charges | 65 | €57,138 | €52,461 | -€4,677 | -8.2% |
| Debt charges | 650 | €56,858 | - | -€56,858 | |
| Other financial charges | 652/9 | €280 | - | -€280 | |
| Profit (loss) for the period before taxes | 9903 | -€571 | €6,757 | +€7,328 | |
| Income taxes | 67/77 | €873 | €2,771 | +€1,898 | +218% |
| Taxes | 670/3 | €873 | - | -€873 | |
| Profit (loss) for the period | 9904 | -€1,444 | €3,986 | +€5,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,444 | €3,986 | +€5,430 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.