Financials
Financial year 2025
LUMAP from Oudenaarde, company number BE0441928238, closed financial year 2025 with a result of € 59,196 after tax. For that financial year LUMAP recorded a gross margin of € 589,949 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 29,549 to € 59,196. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 1.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,196
▲ 100% vs 2024
Profit after tax over the fiscal year.
€ 269,619
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1 million.
People and assets in 2025
9.4
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 394,990
▲ 24% vs 2024
€ 42,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 32,538
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
€ 141,393 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 128,422
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,176
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 499,187 | € 436,666 | € 455,144 | € 589,949 | ▲ 30% |
| Profit after taxes | € 144,656 | € 76,696 | € 29,549 | € 59,196 | ▲ 100% |
| Equity | € 1,311,199 | € 1,387,896 | € 1,417,444 | € 1,476,641 | ▲ 4% |
| Total debts | € 935,688 | € 1,832,384 | € 1,569,031 | € 1,634,649 | ▲ 4% |
| Cash | € 182,633 | € 473,525 | € 212,787 | € 269,619 | ▲ 27% |
| Land & buildings | € 516,433 | € 1,351,277 | € 1,417,656 | € 1,369,032 | ▼ 3% |
| Retained profit | € 877,359 | € 954,055 | € 983,604 | € 1,042,800 | ▲ 6% |
| Bank debt | € 386,836 | € 1,368,920 | € 1,132,186 | € 1,131,745 | |
| Balance sheet total | € 2,246,887 | € 3,220,279 | € 2,986,476 | € 3,111,290 | ▲ 4% |
| Employees (FTE) | 8.3 | 7.9 | 8.5 | 9.4 | ▲ 0.9 |
Key figures of LUMAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LUMAP?
What happened at LUMAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,196 (▲ 100% vs 2024). filed late Source: NBB ↗
- Bert De Smet became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 144,656 profit in 2022 to € 59,196 profit in 2025.
Paid € 93,259 in corporate taxes since 2022.
Best year ever: 2022, with € 144,656 profit.
On average € 62,800 of value added per employee in 2025.
Management
The stake of VOORUIT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LUMAPBehind LUMAP is Bert De Smet. The shares are held by VOORUIT (99%).
Establishments
Establishment units
Physical locations of this company
Westerring 35
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.928.238
- VAT number
- BE 0441.928.238
- Registered office
- Westerring 35, 9700 Oudenaarde
- Names & denominations
- LUMAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1990
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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Detailhandel in kranten en andere tijdschriften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels