Lumo: 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.
Lumo
Largest movements
- Tangible fixed assets -€2,142
down €2,142 (-7.5%), from €28,596 to €26,454
of which Land and buildings: -€2,142
- Cash -€630
down €630 (-30.2%), from €2,089 to €1,458
mainly Net result for the year (-€29,850) and Deferred charges and accrued income (-€222)
- Profit (loss) carried forward -€29,850
down €29,850 (-57.7%), from -€51,766 to -€81,615
- Other debts +€26,295
up €26,295 (+107.0%), from €24,564 to €50,859
- Accrued charges and deferred income +€929
up €929 (+43.4%), from €2,138 to €3,067
- Gross operating margin -€9,754
down €9,754 (-76.0%), from -€12,843 to -€22,598
- Other operating charges +€577
up €577 (+14.7%), from €3,938 to €4,516
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 | €47,058 | €44,509 | -€2,550 | -5.4% |
| Fixed assets | 21/28 | €28,596 | €26,454 | -€2,142 | -7.5% |
| Tangible fixed assets | 22/27 | €28,596 | €26,454 | -€2,142 | -7.5% |
| Land and buildings | 22 | €28,596 | €26,454 | -€2,142 | -7.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €18,463 | €18,055 | -€408 | -2.2% |
| Stocks and contracts in progress | 3 | €15,122 | €15,122 | = | 0.0% |
| Stocks | 30/36 | €15,122 | €15,122 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,089 | €1,458 | -€630 | -30.2% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,475 | +€222 | +17.7% |
| Total equity and liabilities | 10/49 | €47,058 | €44,509 | -€2,550 | -5.4% |
| Equity | 10/15 | €19,659 | -€10,190 | -€29,850 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €9,425 | €9,425 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,225 | €3,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,766 | -€81,615 | -€29,850 | -57.7% |
| Amounts payable | 17/49 | €27,399 | €54,699 | +€27,300 | +99.6% |
| Amounts payable within one year | 42/48 | €25,261 | €51,632 | +€26,371 | +104.4% |
| Trade debts | 44 | €508 | €583 | +€75 | +14.7% |
| Suppliers | 440/4 | €508 | €583 | +€75 | +14.7% |
| Taxes, remuneration and social security | 45 | €189 | €190 | +€2 | +0.9% |
| Taxes | 450/3 | €189 | €190 | +€2 | +0.9% |
| Other amounts payable | 47/48 | €24,564 | €50,859 | +€26,295 | +107.0% |
| Accrued charges and deferred income | 492/3 | €2,138 | €3,067 | +€929 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,142 | €2,142 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,938 | €4,516 | +€577 | +14.7% |
| Gross operating margin | 9900 | -€12,843 | -€22,598 | -€9,754 | -76.0% |
| Operating profit (loss) | 9901 | -€18,924 | -€29,255 | -€10,332 | -54.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +248.6% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +248.6% |
| Financial charges | 65/66B | €288 | €405 | +€117 | +40.6% |
| Recurring financial charges | 65 | €288 | €405 | +€117 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,211 | -€29,659 | -€10,448 | -54.4% |
| Income taxes | 67/77 | €189 | €191 | +€2 | +1.1% |
| Profit (loss) for the period | 9904 | -€19,400 | -€29,850 | -€10,450 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,400 | -€29,850 | -€10,450 | -53.9% |
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 29 September 2026 via checked.be.