LA LUNA: 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.
LA LUNA
Largest movements
- Receivables within one year -€163,468
down €163,468 (-92.9%), from €175,958 to €12,491
of which Trade receivables: -€159,281
- Tangible fixed assets -€56,421
down €56,421 (-1.9%), from €3.0m to €2.9m
of which Furniture and vehicles: -€32,255
- Trade debts -€162,802
down €162,802 (-90.6%), from €179,665 to €16,863
- Profit (loss) carried forward -€43,128
down €43,128 (-22.2%), from -€194,257 to -€237,385
- Gross operating margin -€72,883
down €72,883 (-26.1%), from €278,800 to €205,917
- Depreciation -€67,053
down €67,053 (-54.3%), from €123,474 to €56,421
- Financial charges -€8,655
down €8,655 (-7.2%), from €119,763 to €111,108
- Other operating charges -€4,780
down €4,780 (-26.3%), from €18,203 to €13,422
- Staff costs +€2,937
up €2,937 (+4.5%), from €64,643 to €67,579
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 | €3,300,865 | €3,097,080 | -€203,785 | -6.2% |
| Fixed assets | 21/28 | €2,995,850 | €2,939,429 | -€56,421 | -1.9% |
| Tangible fixed assets | 22/27 | €2,995,850 | €2,939,429 | -€56,421 | -1.9% |
| Land and buildings | 22 | €2,754,427 | €2,754,427 | = | 0.0% |
| Plant, machinery and equipment | 23 | €109,919 | €85,753 | -€24,166 | -22.0% |
| Furniture and vehicles | 24 | €131,504 | €99,249 | -€32,255 | -24.5% |
| Current assets | 29/58 | €305,015 | €157,652 | -€147,364 | -48.3% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175,958 | €12,491 | -€163,468 | -92.9% |
| Trade receivables | 40 | €171,109 | €11,828 | -€159,281 | -93.1% |
| Other amounts receivable | 41 | €4,849 | €663 | -€4,186 | -86.3% |
| Cash at bank and in hand | 54/58 | €118,848 | €136,441 | +€17,594 | +14.8% |
| Deferred charges and accrued income | 490/1 | €9,709 | €8,219 | -€1,490 | -15.3% |
| Total equity and liabilities | 10/49 | €3,300,865 | €3,097,080 | -€203,785 | -6.2% |
| Equity | 10/15 | €1,407,603 | €1,364,475 | -€43,128 | -3.1% |
| Contributions | 10/11 | €1,600,000 | €1,600,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,257 | -€237,385 | -€43,128 | -22.2% |
| Amounts payable | 17/49 | €1,893,262 | €1,732,605 | -€160,657 | -8.5% |
| Amounts payable after more than one year | 17 | €1,468,872 | €1,443,951 | -€24,921 | -1.7% |
| Financial debts | 170/4 | €1,468,872 | €1,443,951 | -€24,921 | -1.7% |
| Amounts payable within one year | 42/48 | €424,390 | €282,898 | -€141,492 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €23,961 | €24,921 | +€959 | +4.0% |
| Trade debts | 44 | €179,665 | €16,863 | -€162,802 | -90.6% |
| Suppliers | 440/4 | €179,665 | €16,863 | -€162,802 | -90.6% |
| Taxes, remuneration and social security | 45 | €4,566 | €3,291 | -€1,275 | -27.9% |
| Taxes | 450/3 | €3,214 | €2,676 | -€539 | -16.8% |
| Remuneration and social security | 454/9 | €1,352 | €615 | -€736 | -54.5% |
| Other amounts payable | 47/48 | €216,198 | €237,823 | +€21,625 | +10.0% |
| Accrued charges and deferred income | 492/3 | €0 | €5,756 | +€5,756 | |
| Non-recurring operating income | 76A | €35,000 | €0 | -€35,000 | -100% |
| Remuneration, social security and pensions | 62 | €64,643 | €67,579 | +€2,937 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,474 | €56,421 | -€67,053 | -54.3% |
| Other operating charges | 640/8 | €18,203 | €13,422 | -€4,780 | -26.3% |
| Gross operating margin | 9900 | €278,800 | €205,917 | -€72,883 | -26.1% |
| Operating profit (loss) | 9901 | €72,480 | €68,494 | -€3,986 | -5.5% |
| Financial income | 75/76B | €840 | €26 | -€814 | -96.9% |
| Recurring financial income | 75 | €840 | €26 | -€814 | -96.9% |
| Financial charges | 65/66B | €119,763 | €111,108 | -€8,655 | -7.2% |
| Recurring financial charges | 65 | €119,763 | €111,108 | -€8,655 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,442 | -€42,587 | +€3,855 | +8.3% |
| Income taxes | 67/77 | €431 | €541 | +€110 | +25.6% |
| Profit (loss) for the period | 9904 | -€46,873 | -€43,128 | +€3,745 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,873 | -€43,128 | +€3,745 | +8.0% |
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 25 October 2026 via checked.be.