LUUM: 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.
LUUM
Largest movements
- Cash +€130,904
up €130,904 (+38.0%), from €344,548 to €475,452
mainly Net result for the year (+€368,996) and Depreciation (+€63,351)
- Tangible fixed assets +€22,169
up €22,169 (+12.1%), from €183,729 to €205,898
of which Furniture and vehicles: +€38,602
- Other debts +€56,490
up €56,490 (+16.0%), from €352,328 to €408,818
- Tax, wage and social debts +€38,576
up €38,576 (+24.2%), from €159,656 to €198,232
of which Taxes: +€22,289
- Trade debts +€27,202
up €27,202 (+10.6%), from €257,724 to €284,927
- Debts after one year +€15,965
up €15,965 (+66.4%), from €24,042 to €40,007
- Gross operating margin +€187,965
up €187,965 (+22.6%), from €832,617 to €1.0m
- Taxes +€38,934
up €38,934 (+43.9%), from €88,746 to €127,680
- Staff costs +€32,355
up €32,355 (+7.7%), from €417,548 to €449,903
- Depreciation +€17,665
up €17,665 (+38.7%), from €45,686 to €63,351
- Other operating charges -€15,663
down €15,663 (-71.3%), from €21,965 to €6,303
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 | €1,205,591 | €1,354,505 | +€148,915 | +12.4% |
| Fixed assets | 21/28 | €184,657 | €205,898 | +€21,241 | +11.5% |
| Intangible fixed assets | 21 | €928 | €0 | -€928 | -100.0% |
| Tangible fixed assets | 22/27 | €183,729 | €205,898 | +€22,169 | +12.1% |
| Plant, machinery and equipment | 23 | €24,961 | €20,520 | -€4,441 | -17.8% |
| Furniture and vehicles | 24 | €87,924 | €126,525 | +€38,602 | +43.9% |
| Other tangible fixed assets | 26 | €70,844 | €58,853 | -€11,992 | -16.9% |
| Current assets | 29/58 | €1,020,933 | €1,148,607 | +€127,674 | +12.5% |
| Amounts receivable within one year | 40/41 | €660,047 | €648,849 | -€11,198 | -1.7% |
| Trade receivables | 40 | €659,522 | €647,825 | -€11,696 | -1.8% |
| Other amounts receivable | 41 | €525 | €1,023 | +€498 | +94.9% |
| Cash at bank and in hand | 54/58 | €344,548 | €475,452 | +€130,904 | +38.0% |
| Deferred charges and accrued income | 490/1 | €16,339 | €24,307 | +€7,968 | +48.8% |
| Total equity and liabilities | 10/49 | €1,205,591 | €1,354,505 | +€148,915 | +12.4% |
| Equity | 10/15 | €387,621 | €391,389 | +€3,768 | +1.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €287,621 | €291,389 | +€3,768 | +1.3% |
| Distributable reserves | 133 | €287,621 | €291,389 | +€3,768 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €817,970 | €963,116 | +€145,146 | +17.7% |
| Amounts payable after more than one year | 17 | €24,042 | €40,007 | +€15,965 | +66.4% |
| Financial debts | 170/4 | €24,042 | €40,007 | +€15,965 | +66.4% |
| Amounts payable within one year | 42/48 | €793,927 | €923,108 | +€129,181 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €24,220 | €31,132 | +€6,912 | +28.5% |
| Trade debts | 44 | €257,724 | €284,927 | +€27,202 | +10.6% |
| Suppliers | 440/4 | €257,724 | €284,927 | +€27,202 | +10.6% |
| Taxes, remuneration and social security | 45 | €159,656 | €198,232 | +€38,576 | +24.2% |
| Taxes | 450/3 | €116,644 | €138,933 | +€22,289 | +19.1% |
| Remuneration and social security | 454/9 | €43,012 | €59,299 | +€16,287 | +37.9% |
| Other amounts payable | 47/48 | €352,328 | €408,818 | +€56,490 | +16.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €417,548 | €449,903 | +€32,355 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,686 | €63,351 | +€17,665 | +38.7% |
| Other operating charges | 640/8 | €21,965 | €6,303 | -€15,663 | -71.3% |
| Gross operating margin | 9900 | €832,617 | €1,020,582 | +€187,965 | +22.6% |
| Operating profit (loss) | 9901 | €347,418 | €501,025 | +€153,607 | +44.2% |
| Financial income | 75/76B | €82 | €1,291 | +€1,209 | +1476.7% |
| Recurring financial income | 75 | €82 | €1,291 | +€1,209 | +1476.7% |
| Financial charges | 65/66B | €6,312 | €5,640 | -€672 | -10.7% |
| Recurring financial charges | 65 | €6,312 | €5,640 | -€672 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €341,187 | €496,676 | +€155,489 | +45.6% |
| Income taxes | 67/77 | €88,746 | €127,680 | +€38,934 | +43.9% |
| Profit (loss) for the period | 9904 | €252,441 | €368,996 | +€116,555 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €252,441 | €368,996 | +€116,555 | +46.2% |
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.