LUMO GROUP: 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.
LUMO GROUP
Largest movements
- Stocks and contracts +€457,801
up €457,801 (+62.8%), from €729,172 to €1.2m
- Receivables within one year +€323,387
up €323,387 (+37.2%), from €868,216 to €1.2m
of which Other amounts receivable: +€259,637
- Cash -€181,590
down €181,590 (-100.0%), from €181,594 to €4
mainly Stocks and contracts (-€457,801) and Receivables within one year (-€323,387)
- Deferred charges and accrued income -€45,843
down €45,843 (-97.7%), from €46,922 to €1,079
- Short-term financial debts +€378,549
up €378,549 (+90.1%), from €419,925 to €798,474
- Accrued charges and deferred income +€79,847
up €79,847 (+4,053%), from €1,970 to €81,817
- Profit (loss) carried forward +€42,686
up €42,686 (+17.3%), from €246,875 to €289,561
- Trade debts +€29,490
up €29,490 (+212%), from €13,901 to €43,392
- Gross operating margin +€163,630
up €163,630 (+439%), from €37,266 to €200,896
- Financial charges +€120,917
up €120,917 (+1,027%), from €11,769 to €132,686
- Financial income -€16,882
down €16,882 (-48.3%), from €34,965 to €18,083
of which Non-recurring financial income: -€34,965
- Taxes -€4,539
down €4,539 (-18.5%), from €24,538 to €19,999
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.
Derived cash bridge
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 | €2,006,600 | €2,552,494 | +€545,894 | +27.2% |
| Fixed assets | 21/28 | €180,696 | €172,834 | -€7,862 | -4.4% |
| Tangible fixed assets | 22/27 | €180,096 | €162,234 | -€17,862 | -9.9% |
| Land and buildings | 22 | €180,096 | €162,234 | -€17,862 | -9.9% |
| Financial fixed assets | 28 | €600 | €10,600 | +€10,000 | +1,667% |
| Current assets | 29/58 | €1,825,904 | €2,379,660 | +€553,756 | +30.3% |
| Stocks and contracts in progress | 3 | €729,172 | €1,186,973 | +€457,801 | +62.8% |
| Stocks | 30/36 | €729,172 | €1,186,973 | +€457,801 | +62.8% |
| Amounts receivable within one year | 40/41 | €868,216 | €1,191,603 | +€323,387 | +37.2% |
| Trade receivables | 40 | €36,250 | €100,000 | +€63,750 | +176% |
| Other amounts receivable | 41 | €831,966 | €1,091,603 | +€259,637 | +31.2% |
| Cash at bank and in hand | 54/58 | €181,594 | €4 | -€181,590 | -100.0% |
| Deferred charges and accrued income | 490/1 | €46,922 | €1,079 | -€45,843 | -97.7% |
| Total equity and liabilities | 10/49 | €2,006,600 | €2,552,494 | +€545,894 | +27.2% |
| Equity | 10/15 | €261,135 | €303,821 | +€42,686 | +16.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,875 | €289,561 | +€42,686 | +17.3% |
| Amounts payable | 17/49 | €1,745,465 | €2,248,673 | +€503,208 | +28.8% |
| Amounts payable after more than one year | 17 | €107,871 | €100,312 | -€7,559 | -7.0% |
| Financial debts | 170/4 | €107,071 | €99,512 | -€7,559 | -7.1% |
| Other amounts payable | 178/9 | €800 | €800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,635,624 | €2,066,544 | +€430,920 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €7,361 | €8,180 | +€818 | +11.1% |
| Financial debts | 43 | €419,925 | €798,474 | +€378,549 | +90.1% |
| Credit institutions | 430/8 | €419,925 | €798,474 | +€378,549 | +90.1% |
| Trade debts | 44 | €13,901 | €43,392 | +€29,490 | +212% |
| Suppliers | 440/4 | €13,901 | €43,392 | +€29,490 | +212% |
| Taxes, remuneration and social security | 45 | - | €16,729 | +€16,729 | |
| Taxes | 450/3 | - | €16,729 | +€16,729 | |
| Other amounts payable | 47/48 | €1,194,437 | €1,199,770 | +€5,333 | +0.4% |
| Accrued charges and deferred income | 492/3 | €1,970 | €81,817 | +€79,847 | +4,053% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,862 | €17,862 | = | 0.0% |
| Other operating charges | 640/8 | €5,826 | €5,746 | -€80 | -1.4% |
| Gross operating margin | 9900 | €37,266 | €200,896 | +€163,630 | +439% |
| Operating profit (loss) | 9901 | €13,578 | €177,288 | +€163,710 | +1,206% |
| Financial income | 75/76B | €34,965 | €18,083 | -€16,882 | -48.3% |
| Recurring financial income | 75 | €34,965 | €18,083 | -€16,882 | -48.3% |
| Non-recurring financial income | 76B | €34,965 | - | -€34,965 | |
| Financial charges | 65/66B | €11,769 | €132,686 | +€120,917 | +1,027% |
| Recurring financial charges | 65 | €11,769 | €132,686 | +€120,917 | +1,027% |
| Profit (loss) for the period before taxes | 9903 | €36,774 | €62,685 | +€25,911 | +70.5% |
| Income taxes | 67/77 | €24,538 | €19,999 | -€4,539 | -18.5% |
| Profit (loss) for the period | 9904 | €12,236 | €42,686 | +€30,450 | +249% |
| Profit (loss) for the period to be appropriated | 9905 | €12,236 | €42,686 | +€30,450 | +249% |
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 19 October 2026 via checked.be.