LUMOFIN: 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.
LUMOFIN
Largest movements
- Cash -€10,022
down €10,022 (-5.9%), from €171,155 to €161,134
mainly Contributions, distributions and other (-€150,000) and Tax, wage and social debts (-€7,549)
- Receivables within one year +€4,352
up €4,352 (+13.3%), from €32,670 to €37,022
of which Trade receivables: +€3,630
- Tax, wage and social debts -€7,549
down €7,549 (-30.3%), from €24,922 to €17,372
- Gross operating margin +€26,856
up €26,856 (+15.5%), from €173,510 to €200,365
- Taxes +€7,385
up €7,385 (+19.5%), from €37,893 to €45,278
- Depreciation -€3,792
down €3,792 (-59.8%), from €6,346 to €2,553
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 | €216,012 | €208,542 | -€7,470 | -3.5% |
| Fixed assets | 21/28 | €8,393 | €6,481 | -€1,911 | -22.8% |
| Tangible fixed assets | 22/27 | €8,393 | €6,481 | -€1,911 | -22.8% |
| Land and buildings | 22 | €5,045 | €4,263 | -€782 | -15.5% |
| Furniture and vehicles | 24 | €3,348 | €2,218 | -€1,130 | -33.7% |
| Current assets | 29/58 | €207,619 | €202,061 | -€5,558 | -2.7% |
| Amounts receivable within one year | 40/41 | €32,670 | €37,022 | +€4,352 | +13.3% |
| Trade receivables | 40 | €32,670 | €36,300 | +€3,630 | +11.1% |
| Other amounts receivable | 41 | - | €722 | +€722 | |
| Cash at bank and in hand | 54/58 | €171,155 | €161,134 | -€10,022 | -5.9% |
| Deferred charges and accrued income | 490/1 | €3,794 | €3,905 | +€111 | +2.9% |
| Total equity and liabilities | 10/49 | €216,012 | €208,542 | -€7,470 | -3.5% |
| Equity | 10/15 | €186,283 | €187,566 | +€1,283 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,683 | €168,966 | +€1,283 | +0.8% |
| Distributable reserves | 133 | €167,683 | €168,966 | +€1,283 | +0.8% |
| Amounts payable | 17/49 | €29,729 | €20,976 | -€8,752 | -29.4% |
| Amounts payable within one year | 42/48 | €29,729 | €20,976 | -€8,752 | -29.4% |
| Trade debts | 44 | €787 | €175 | -€612 | -77.8% |
| Suppliers | 440/4 | €787 | €175 | -€612 | -77.8% |
| Taxes, remuneration and social security | 45 | €24,922 | €17,372 | -€7,549 | -30.3% |
| Taxes | 450/3 | €24,922 | €17,372 | -€7,549 | -30.3% |
| Other amounts payable | 47/48 | €4,021 | €3,429 | -€591 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,346 | €2,553 | -€3,792 | -59.8% |
| Other operating charges | 640/8 | €1,111 | €1,161 | +€50 | +4.5% |
| Gross operating margin | 9900 | €173,510 | €200,365 | +€26,856 | +15.5% |
| Operating profit (loss) | 9901 | €166,053 | €196,652 | +€30,598 | +18.4% |
| Financial charges | 65/66B | €50 | €91 | +€41 | +82.6% |
| Recurring financial charges | 65 | €50 | €91 | +€41 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | €166,003 | €196,560 | +€30,557 | +18.4% |
| Income taxes | 67/77 | €37,893 | €45,278 | +€7,385 | +19.5% |
| Profit (loss) for the period | 9904 | €128,110 | €151,283 | +€23,173 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €128,110 | €151,283 | +€23,173 | +18.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.