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
- Cash -€16,434
down €16,434 (-85.8%), from €19,150 to €2,716
mainly Other debts (-€18,730) and Tax, wage and social debts (-€1,034)
- Receivables within one year -€2,305
down €2,305 (-96.9%), from €2,379 to €74
of which Trade receivables: -€2,298
- Other debts -€18,730
down €18,730 (-13.4%), from €139,292 to €120,562
- Gross operating margin -€5,087
down €5,087 (-66.3%), from €7,676 to €2,589
- Taxes -€1,581
down €1,581 (-78.4%), from €2,016 to €435
- Other operating charges +€144
up €144 (+17.5%), from €823 to €968
- Financial charges -€118
down €118 (-56.1%), from €210 to €92
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 | €113,040 | €94,700 | -€18,340 | -16.2% |
| Fixed assets | 21/28 | €88,925 | €88,925 | = | 0.0% |
| Tangible fixed assets | 22/27 | €88,925 | €88,925 | = | 0.0% |
| Land and buildings | 22 | €56,820 | €56,820 | = | 0.0% |
| Assets under construction and advance payments | 27 | €32,105 | €32,105 | = | 0.0% |
| Current assets | 29/58 | €24,115 | €5,775 | -€18,340 | -76.1% |
| Amounts receivable after more than one year | 29 | €103 | - | -€103 | |
| Trade receivables | 290 | €103 | - | -€103 | |
| Stocks and contracts in progress | 3 | €2,255 | €2,223 | -€32 | -1.4% |
| Stocks | 30/36 | €2,255 | €2,223 | -€32 | -1.4% |
| Amounts receivable within one year | 40/41 | €2,379 | €74 | -€2,305 | -96.9% |
| Trade receivables | 40 | €2,298 | - | -€2,298 | |
| Other amounts receivable | 41 | €81 | €74 | -€7 | -8.9% |
| Cash at bank and in hand | 54/58 | €19,150 | €2,716 | -€16,434 | -85.8% |
| Deferred charges and accrued income | 490/1 | €229 | €762 | +€533 | +233.4% |
| Total equity and liabilities | 10/49 | €113,040 | €94,700 | -€18,340 | -16.2% |
| Equity | 10/15 | -€28,245 | -€27,151 | +€1,094 | +3.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,245 | -€46,151 | +€1,094 | +2.3% |
| Amounts payable | 17/49 | €141,284 | €121,850 | -€19,434 | -13.8% |
| Amounts payable within one year | 42/48 | €141,284 | €121,850 | -€19,434 | -13.8% |
| Trade debts | 44 | - | €330 | +€330 | |
| Suppliers | 440/4 | - | €330 | +€330 | |
| Taxes, remuneration and social security | 45 | €1,993 | €958 | -€1,034 | -51.9% |
| Taxes | 450/3 | €1,993 | €958 | -€1,034 | -51.9% |
| Other amounts payable | 47/48 | €139,292 | €120,562 | -€18,730 | -13.4% |
| Other operating charges | 640/8 | €823 | €968 | +€144 | +17.5% |
| Gross operating margin | 9900 | €7,676 | €2,589 | -€5,087 | -66.3% |
| Operating profit (loss) | 9901 | €6,853 | €1,622 | -€5,231 | -76.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €210 | €92 | -€118 | -56.1% |
| Recurring financial charges | 65 | €210 | €92 | -€118 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €6,643 | €1,529 | -€5,114 | -77.0% |
| Income taxes | 67/77 | €2,016 | €435 | -€1,581 | -78.4% |
| Profit (loss) for the period | 9904 | €4,627 | €1,094 | -€3,533 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,627 | €1,094 | -€3,533 | -76.4% |
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 3 October 2026 via checked.be.