LUNAREST
Annual accounts 2025
abbreviated format, filed on 29-06-2026, 32 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €1.9m. Estimated: probably between €1.3m and €3.2m.
Balance sheet
balance sheet total €1.4m on 31-12-2025in euro
in euro
Position in the sector
21.6%
Higher than 41% of 4,843 companies in 2025.
1.39
Higher than 61% of 4,741 companies in 2025.
-1.4%
Higher than 28% of 4,765 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
Staff
€43,827
Staff costs divided by the average number of full-time equivalents.
In 2025, 511 short contracts started and 515 ended. Staff averaged 21 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.4m | 1.5m | 1.4m | 1.6m | 1.7m | |
20 |
23,394 | 29,405 | 35,415 | 45,145 | 54,946 | |
21/28 |
647,824 | 782,472 | 847,224 | 956,627 | 1.1m | |
22/27 |
647,824 | 782,472 | 847,224 | 956,627 | 1.1m | |
22 |
521,164 | 656,146 | 791,115 | 926,085 | 1.1m | |
23 |
49,729 | 20,067 | 35,791 | 7,899 | 10,478 | |
24 |
76,932 | 106,258 | 20,318 | 22,643 | 29,057 | |
29/58 |
720,129 | 675,267 | 540,196 | 577,831 | 526,094 | |
3 |
31,345 | 45,763 | 35,043 | 48,469 | 36,708 | |
30/36 |
31,345 | 45,763 | 35,043 | 48,469 | 36,708 | |
40/41 |
39,924 | 11,836 | 12,255 | 11,955 | 35,582 | |
40 |
13,882 | 1,473 | 299 | - | 1,310 | |
41 |
26,043 | 10,364 | 11,955 | 11,955 | 34,272 | |
50/53 |
150,000 | - | - | - | - | |
54/58 |
485,941 | 596,310 | 475,061 | 497,036 | 436,742 | |
490/1 |
12,919 | 21,358 | 17,837 | 20,371 | 17,062 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.4m | 1.5m | 1.4m | 1.6m | 1.7m | |
10/15 |
300,333 | 319,501 | 227,692 | 245,754 | 305,834 | |
10/11 |
102,500 | 102,500 | 102,500 | 102,500 | 102,500 | |
13 |
197,833 | 217,001 | 125,192 | 143,254 | 203,334 | |
133 |
197,833 | 217,001 | 125,192 | 143,254 | 203,334 | |
17/49 |
1.1m | 1.2m | 1.2m | 1.3m | 1.4m | |
17 |
459,765 | 614,999 | 693,394 | 832,331 | 977,064 | |
170/4 |
459,765 | 614,999 | 693,394 | 832,331 | 977,064 | |
42/48 |
517,117 | 477,364 | 444,750 | 460,739 | 377,731 | |
42 |
155,233 | 175,106 | 158,717 | 160,544 | 156,279 | |
44 |
234,429 | 192,462 | 182,581 | 209,772 | 145,462 | |
440/4 |
234,429 | 192,462 | 182,581 | 209,772 | 145,462 | |
45 |
121,217 | 106,155 | 100,570 | 87,540 | 74,721 | |
450/3 |
7,783 | 5,855 | 4,930 | 3,742 | 376 | |
454/9 |
113,434 | 100,300 | 95,640 | 83,798 | 74,345 | |
47/48 |
6,238 | 3,641 | 2,882 | 2,882 | 1,268 | |
492/3 |
114,132 | 75,280 | 57,000 | 40,780 | 21,000 | |
| Income statement | ||||||
9900 |
1.1m | 1.2m | 1.0m | 859,535 | 1.2m | |
62 |
929,127 | 842,454 | 833,427 | 741,978 | 793,329 | |
630 |
179,942 | 174,493 | 154,920 | 153,762 | 163,142 | |
640/8 |
28,864 | 28,213 | 26,376 | 21,832 | 29,589 | |
9901 |
-8,781 | 104,905 | 2,392 | -58,036 | 211,803 | |
75/76B |
7,615 | 6,425 | 2,522 | 13,378 | 9,738 | |
75 |
7,615 | 6,425 | 2,522 | 13,378 | 9,738 | |
65/66B |
17,196 | 18,971 | 22,449 | 14,904 | 17,831 | |
65 |
17,196 | 18,971 | 22,449 | 14,904 | 17,831 | |
9903 |
-18,363 | 92,359 | -17,535 | -59,563 | 203,711 | |
67/77 |
805 | 550 | 527 | 518 | 376 | |
9904 |
-19,168 | 91,809 | -18,062 | -60,081 | 203,334 | |
9905 |
-19,168 | 91,809 | -18,062 | -60,081 | 203,334 | |
| Appropriation of the result | ||||||
9906 |
-19,168 | 91,809 | -18,062 | -60,081 | 203,334 | |
791/2 |
19,168 | - | 18,062 | 60,081 | - | |
691/2 |
- | 91,809 | - | - | 203,334 | |
6921 |
- | 91,809 | - | - | 203,334 | |
| Social balance sheet | ||||||
9087 |
21.2 | 21.4 | 20.5 | 21 | 19.4 | |
Hours worked1013 |
- | 37,956 | 37,395 | 37,430 | 35,319 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00232020 | |
| 31-12-2024 | full format | 02-07-2025 | 2025-00225379 | |
| 31-12-2023 | full format | 25-07-2024 | 2024-00280666 | |
| 31-12-2022 | full format | 27-07-2023 | 2023-00278233 | |
| 31-12-2021 | full format | 08-07-2022 | 2022-20162188 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 171,161 | 279,398 | 157,312 | 95,725 | 374,945 | ||
| 160,775 | 266,302 | 136,858 | 93,681 | 366,477 | ||
| 39,284 | 103,731 | 35,787 | 9,801 | 1.3m | ||
| -110,369 | 121,250 | -21,976 | 60,294 | - | ||
| 203,012 | 197,903 | 95,446 | 117,092 | 148,364 | ||
| 21.6% | 21.5% | 16.0% | 15.6% | 18.2% | ||
| 1.39 | 1.41 | 1.21 | 1.25 | 1.39 | ||
| 1.33 | 1.32 | 1.14 | 1.15 | 1.30 | ||
| 3.63 | 3.65 | 5.25 | 5.43 | 4.50 | ||
| -6.4% | 28.7% | -7.9% | -24.4% | 66.5% | ||
| -1.4% | 6.2% | -1.3% | -3.8% | 12.1% | ||
| 9.95 | 14.73 | 7.01 | 6.42 | 21.03 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 56 | 50 | 59 | 49 |
| full-time | - | 4 | 4 | 5 | 5 |
| part-time | - | 52 | 46 | 54 | 44 |
| in full-time equivalents | 19.7 | 21.2 | 18.8 | 22.6 | 19.3 |
| 21.2 | 21.4 | 20.5 | 21 | 19.4 | |
| On a permanent contract | 18 | 19 | 17 | 23 | 21 |
| Joined | 511 | 490 | 468 | 433 | 321 |
| Left | 515 | 484 | 477 | 423 | 325 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €644,271 | €678,499 | €791,486 | - |
| Debts guaranteed by Belgian public bodies | - | €145,833 | €173,611 | €201,389 | €229,167 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €39,284 | €103,731 | €35,787 | - | €1.3m |
| €179,942 | €174,493 | €154,920 | €153,762 | €163,142 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LUNAREST
The operating result for 2025 is a loss of €8,781, after a profit of €104,905 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 78.5% to 78.4%. Equity and debt are lower.