LUMO VENTURES: 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 VENTURES
Largest movements
- Cash +€48,105
up €48,105 (+44.0%), from €109,346 to €157,452
mainly Net result for the year (+€43,997) and Tax, wage and social debts (+€9,807)
- Receivables within one year -€2,943
down €2,943 (-16.7%), from €17,573 to €14,630
of which Trade receivables: -€15,058
- Reserves +€43,164
new in 2025: €43,164
- Tax, wage and social debts +€9,807
up €9,807 (+121%), from €8,076 to €17,883
- Trade debts -€8,120
no longer reported in 2025 (was €8,120)
- Gross operating margin -€46,131
down €46,131 (-43.1%), from €106,980 to €60,849
- Taxes -€5,998
down €5,998 (-26.7%), from €22,453 to €16,455
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 | €127,830 | €172,746 | +€44,916 | +35.1% |
| Fixed assets | 21/28 | €910 | €664 | -€246 | -27.0% |
| Tangible fixed assets | 22/27 | €910 | €664 | -€246 | -27.0% |
| Plant, machinery and equipment | 23 | €910 | €664 | -€246 | -27.0% |
| Current assets | 29/58 | €126,920 | €172,082 | +€45,162 | +35.6% |
| Amounts receivable within one year | 40/41 | €17,573 | €14,630 | -€2,943 | -16.7% |
| Trade receivables | 40 | €15,058 | - | -€15,058 | |
| Other amounts receivable | 41 | €2,516 | €14,630 | +€12,115 | +482% |
| Cash at bank and in hand | 54/58 | €109,346 | €157,452 | +€48,105 | +44.0% |
| Total equity and liabilities | 10/49 | €127,830 | €172,746 | +€44,916 | +35.1% |
| Equity | 10/15 | €111,033 | €154,197 | +€43,164 | +38.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €43,164 | +€43,164 | |
| Distributable reserves | 133 | - | €43,164 | +€43,164 | |
| Profit (loss) carried forward | 14 | €111,032 | €111,032 | = | 0.0% |
| Amounts payable | 17/49 | €16,797 | €18,549 | +€1,753 | +10.4% |
| Amounts payable within one year | 42/48 | €16,797 | €18,549 | +€1,753 | +10.4% |
| Trade debts | 44 | €8,120 | - | -€8,120 | |
| Suppliers | 440/4 | €8,120 | - | -€8,120 | |
| Taxes, remuneration and social security | 45 | €8,076 | €17,883 | +€9,807 | +121% |
| Taxes | 450/3 | €8,076 | €17,883 | +€9,807 | +121% |
| Other amounts payable | 47/48 | €601 | €666 | +€65 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €246 | = | 0.0% |
| Other operating charges | 640/8 | €666 | €82 | -€584 | -87.7% |
| Gross operating margin | 9900 | €106,980 | €60,849 | -€46,131 | -43.1% |
| Operating profit (loss) | 9901 | €106,068 | €60,521 | -€45,547 | -42.9% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €200 | €69 | -€131 | -65.3% |
| Recurring financial charges | 65 | €200 | €69 | -€131 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €105,881 | €60,451 | -€45,429 | -42.9% |
| Income taxes | 67/77 | €22,453 | €16,455 | -€5,998 | -26.7% |
| Profit (loss) for the period | 9904 | €83,428 | €43,997 | -€39,431 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,428 | €43,997 | -€39,431 | -47.3% |
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 23 October 2026 via checked.be.