LOUNA ROYAL: 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.
LOUNA ROYAL
Largest movements
- Tangible fixed assets -€8,972
down €8,972 (-50.0%), from €17,944 to €8,972
- Receivables within one year +€4,012
up €4,012 (+267%), from €1,501 to €5,513
- Deferred charges and accrued income +€1,491
new in 2025: €1,491
- Cash +€205
up €205 (+42.8%), from €479 to €684
mainly Depreciation (+€8,972) and Net result for the year (+€4,937)
- Profit (loss) carried forward +€4,937
up €4,937 (+21.2%), from -€23,340 to -€18,403
- Debts after one year -€3,405
no longer reported in 2025 (was €3,405)
- Other debts -€3,319
down €3,319 (-13.3%), from €24,961 to €21,642
- Tax, wage and social debts +€2,072
up €2,072 (+1,177%), from €176 to €2,248
- Current portion of long-term debt -€2,068
down €2,068 (-41.3%), from €5,012 to €2,944
- Gross operating margin +€18,908
up €18,908, from -€2,447 to €16,461
- Financial charges +€806
up €806 (+114%), from €709 to €1,515
- Depreciation -€434
down €434 (-4.6%), from €9,406 to €8,972
- Other operating charges -€301
down €301 (-22.5%), from €1,338 to €1,037
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 | €19,924 | €16,660 | -€3,264 | -16.4% |
| Fixed assets | 21/28 | €17,944 | €8,972 | -€8,972 | -50.0% |
| Tangible fixed assets | 22/27 | €17,944 | €8,972 | -€8,972 | -50.0% |
| Furniture and vehicles | 24 | €17,944 | €8,972 | -€8,972 | -50.0% |
| Current assets | 29/58 | €1,980 | €7,688 | +€5,708 | +288% |
| Amounts receivable within one year | 40/41 | €1,501 | €5,513 | +€4,012 | +267% |
| Trade receivables | 40 | €1,501 | €5,513 | +€4,012 | +267% |
| Cash at bank and in hand | 54/58 | €479 | €684 | +€205 | +42.8% |
| Deferred charges and accrued income | 490/1 | - | €1,491 | +€1,491 | |
| Total equity and liabilities | 10/49 | €19,924 | €16,660 | -€3,264 | -16.4% |
| Equity | 10/15 | -€16,340 | -€11,403 | +€4,937 | +30.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,340 | -€18,403 | +€4,937 | +21.2% |
| Amounts payable | 17/49 | €36,264 | €28,063 | -€8,201 | -22.6% |
| Amounts payable after more than one year | 17 | €3,405 | - | -€3,405 | |
| Financial debts | 170/4 | €3,405 | - | -€3,405 | |
| Amounts payable within one year | 42/48 | €32,859 | €28,063 | -€4,796 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €5,012 | €2,944 | -€2,068 | -41.3% |
| Trade debts | 44 | €2,710 | €1,229 | -€1,481 | -54.6% |
| Suppliers | 440/4 | €2,710 | €1,229 | -€1,481 | -54.6% |
| Taxes, remuneration and social security | 45 | €176 | €2,248 | +€2,072 | +1,177% |
| Taxes | 450/3 | €176 | €2,248 | +€2,072 | +1,177% |
| Other amounts payable | 47/48 | €24,961 | €21,642 | -€3,319 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,406 | €8,972 | -€434 | -4.6% |
| Other operating charges | 640/8 | €1,338 | €1,037 | -€301 | -22.5% |
| Gross operating margin | 9900 | -€2,447 | €16,461 | +€18,908 | |
| Operating profit (loss) | 9901 | -€13,191 | €6,452 | +€19,643 | |
| Financial charges | 65/66B | €709 | €1,515 | +€806 | +114% |
| Recurring financial charges | 65 | €709 | €1,515 | +€806 | +114% |
| Profit (loss) for the period before taxes | 9903 | -€13,900 | €4,937 | +€18,837 | |
| Profit (loss) for the period | 9904 | -€13,900 | €4,937 | +€18,837 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,900 | €4,937 | +€18,837 |
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 21 October 2026 via checked.be.