LUUMA: 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.
LUUMA
Largest movements
- Deferred charges and accrued income -€8,840
no longer reported in 2025 (was €8,840)
- Cash +€5,353
up €5,353 (+20.3%), from €26,419 to €31,772
mainly Net result for the year (+€33,738) and Deferred charges and accrued income (+€8,840)
- Receivables within one year +€1,368
up €1,368 (+4.9%), from €28,090 to €29,458
of which Trade receivables: +€1,058
- Tangible fixed assets +€994
new in 2025: €994
- Reserves -€2,262
down €2,262 (-6.1%), from €37,057 to €34,795
- Trade debts +€1,845
up €1,845 (+152.9%), from €1,206 to €3,051
- Tax, wage and social debts -€1,103
down €1,103 (-16.0%), from €6,881 to €5,778
- Gross operating margin -€2,447
down €2,447 (-4.7%), from €52,436 to €49,990
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 | €63,757 | €62,224 | -€1,533 | -2.4% |
| Formation expenses | 20 | €408 | - | -€408 | |
| Fixed assets | 21/28 | - | €994 | +€994 | |
| Tangible fixed assets | 22/27 | - | €994 | +€994 | |
| Plant, machinery and equipment | 23 | - | €994 | +€994 | |
| Current assets | 29/58 | €63,350 | €61,230 | -€2,120 | -3.3% |
| Amounts receivable within one year | 40/41 | €28,090 | €29,458 | +€1,368 | +4.9% |
| Trade receivables | 40 | €27,473 | €28,531 | +€1,058 | +3.8% |
| Other amounts receivable | 41 | €617 | €927 | +€310 | +50.2% |
| Cash at bank and in hand | 54/58 | €26,419 | €31,772 | +€5,353 | +20.3% |
| Deferred charges and accrued income | 490/1 | €8,840 | - | -€8,840 | |
| Total equity and liabilities | 10/49 | €63,757 | €62,224 | -€1,533 | -2.4% |
| Equity | 10/15 | €55,657 | €53,395 | -€2,262 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,057 | €34,795 | -€2,262 | -6.1% |
| Distributable reserves | 133 | €37,057 | €34,795 | -€2,262 | -6.1% |
| Amounts payable | 17/49 | €8,101 | €8,829 | +€728 | +9.0% |
| Amounts payable within one year | 42/48 | €8,101 | €8,829 | +€728 | +9.0% |
| Trade debts | 44 | €1,206 | €3,051 | +€1,845 | +152.9% |
| Suppliers | 440/4 | €1,206 | €3,051 | +€1,845 | +152.9% |
| Taxes, remuneration and social security | 45 | €6,881 | €5,778 | -€1,103 | -16.0% |
| Taxes | 450/3 | €6,881 | €5,778 | -€1,103 | -16.0% |
| Other amounts payable | 47/48 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €905 | +€497 | +121.9% |
| Other operating charges | 640/8 | €1,199 | €1,141 | -€58 | -4.8% |
| Gross operating margin | 9900 | €52,436 | €49,990 | -€2,447 | -4.7% |
| Operating profit (loss) | 9901 | €50,830 | €47,944 | -€2,886 | -5.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €86 | €133 | +€47 | +55.0% |
| Recurring financial charges | 65 | €86 | €133 | +€47 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €50,744 | €47,811 | -€2,933 | -5.8% |
| Income taxes | 67/77 | €14,457 | €14,073 | -€384 | -2.7% |
| Profit (loss) for the period | 9904 | €36,287 | €33,738 | -€2,549 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,287 | €33,738 | -€2,549 | -7.0% |
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 4 October 2026 via checked.be.