LUMOTRONIC: 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.
LUMOTRONIC
Largest movements
- Receivables within one year +€537,098
up €537,098 (+184%), from €291,446 to €828,544
of which Other amounts receivable: +€496,470
- Cash -€50,968
down €50,968 (-8.1%), from €626,363 to €575,395
mainly Receivables within one year (-€537,098) and Contributions, distributions and other (-€500,000)
- Tangible fixed assets -€34,177
down €34,177 (-14.6%), from €234,867 to €200,691
of which Land and buildings: -€23,279
- Other debts +€500,555
up €500,555, from €0 to €500,555
- Reserves -€173,396
down €173,396 (-14.2%), from €1.2m to €1.1m
of which Distributable reserves: -€173,396
- Debts after one year +€131,481
up €131,481 (+1,136%), from €11,576 to €143,057
- Trade debts -€27,408
down €27,408 (-23.1%), from €118,768 to €91,361
- Gross operating margin -€129,648
down €129,648 (-16.6%), from €779,502 to €649,855
- Taxes -€34,531
down €34,531 (-23.6%), from €146,114 to €111,584
- Staff costs +€19,500
up €19,500 (+13.1%), from €149,420 to €168,920
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 | €1,468,915 | €1,919,840 | +€450,926 | +30.7% |
| Fixed assets | 21/28 | €234,867 | €200,691 | -€34,177 | -14.6% |
| Tangible fixed assets | 22/27 | €234,867 | €200,691 | -€34,177 | -14.6% |
| Land and buildings | 22 | €209,511 | €186,232 | -€23,279 | -11.1% |
| Furniture and vehicles | 24 | €6,343 | €3,216 | -€3,127 | -49.3% |
| Leasing and similar rights | 25 | €19,013 | €11,243 | -€7,771 | -40.9% |
| Current assets | 29/58 | €1,234,047 | €1,719,150 | +€485,102 | +39.3% |
| Stocks and contracts in progress | 3 | €312,826 | €304,462 | -€8,365 | -2.7% |
| Stocks | 30/36 | €312,826 | €304,462 | -€8,365 | -2.7% |
| Amounts receivable within one year | 40/41 | €291,446 | €828,544 | +€537,098 | +184% |
| Trade receivables | 40 | €287,530 | €328,158 | +€40,628 | +14.1% |
| Other amounts receivable | 41 | €3,916 | €500,386 | +€496,470 | +12,677% |
| Cash at bank and in hand | 54/58 | €626,363 | €575,395 | -€50,968 | -8.1% |
| Deferred charges and accrued income | 490/1 | €3,412 | €10,750 | +€7,338 | +215% |
| Total equity and liabilities | 10/49 | €1,468,915 | €1,919,840 | +€450,926 | +30.7% |
| Equity | 10/15 | €1,243,526 | €1,070,130 | -€173,396 | -13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,224,926 | €1,051,530 | -€173,396 | -14.2% |
| Tax-exempt reserves | 132 | €38,558 | €38,558 | = | 0.0% |
| Distributable reserves | 133 | €1,186,368 | €1,012,972 | -€173,396 | -14.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €225,389 | €849,710 | +€624,322 | +277% |
| Amounts payable after more than one year | 17 | €11,576 | €143,057 | +€131,481 | +1,136% |
| Financial debts | 170/4 | €11,576 | €143,057 | +€131,481 | +1,136% |
| Amounts payable within one year | 42/48 | €212,486 | €705,828 | +€493,342 | +232% |
| Current portion of amounts payable after more than one year | 42 | €7,789 | €25,339 | +€17,550 | +225% |
| Trade debts | 44 | €118,768 | €91,361 | -€27,408 | -23.1% |
| Suppliers | 440/4 | €118,768 | €91,361 | -€27,408 | -23.1% |
| Taxes, remuneration and social security | 45 | €85,929 | €88,573 | +€2,644 | +3.1% |
| Taxes | 450/3 | €63,062 | €60,880 | -€2,182 | -3.5% |
| Remuneration and social security | 454/9 | €22,867 | €27,693 | +€4,826 | +21.1% |
| Other amounts payable | 47/48 | €0 | €500,555 | +€500,555 | |
| Accrued charges and deferred income | 492/3 | €1,326 | €825 | -€501 | -37.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €149,420 | €168,920 | +€19,500 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,539 | €34,177 | -€362 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,851 | -€280 | -€2,131 | |
| Other operating charges | 640/8 | €5,948 | €5,579 | -€369 | -6.2% |
| Gross operating margin | 9900 | €779,502 | €649,855 | -€129,648 | -16.6% |
| Operating profit (loss) | 9901 | €587,744 | €441,459 | -€146,285 | -24.9% |
| Financial income | 75/76B | €7,567 | €14,392 | +€6,824 | +90.2% |
| Recurring financial income | 75 | €7,567 | €14,392 | +€6,824 | +90.2% |
| Financial charges | 65/66B | €19,970 | €17,663 | -€2,307 | -11.6% |
| Recurring financial charges | 65 | €19,970 | €17,663 | -€2,307 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €575,341 | €438,188 | -€137,154 | -23.8% |
| Income taxes | 67/77 | €146,114 | €111,584 | -€34,531 | -23.6% |
| Profit (loss) for the period | 9904 | €429,227 | €326,604 | -€102,623 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €429,227 | €326,604 | -€102,623 | -23.9% |
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 20 October 2026 via checked.be.