LUANNE: 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.
LUANNE
Largest movements
- Receivables within one year +€5,234
up €5,234 (+49.3%), from €10,614 to €15,848
of which Trade receivables: +€5,382
- Cash -€3,689
down €3,689 (-46.2%), from €7,989 to €4,301
mainly Receivables within one year (-€5,234) and Stocks and contracts (-€3,579)
- Stocks and contracts +€3,579
up €3,579 (+146.1%), from €2,450 to €6,029
- Tangible fixed assets -€3,232
down €3,232 (-42.3%), from €7,640 to €4,407
of which Furniture and vehicles: -€2,810
- Profit (loss) carried forward +€3,486
up €3,486 (+19.5%), from -€17,866 to -€14,381
- Other debts -€1,977
down €1,977 (-5.6%), from €35,054 to €33,078
- Tax, wage and social debts +€927
up €927 (+90.5%), from €1,024 to €1,951
- Trade debts -€544
down €544 (-4.5%), from €12,131 to €11,587
- Gross operating margin -€12,712
down €12,712 (-58.7%), from €21,646 to €8,934
- Depreciation -€263
down €263 (-7.5%), from €3,495 to €3,232
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 | €32,343 | €34,235 | +€1,892 | +5.9% |
| Fixed assets | 21/28 | €11,290 | €8,057 | -€3,232 | -28.6% |
| Tangible fixed assets | 22/27 | €7,640 | €4,407 | -€3,232 | -42.3% |
| Plant, machinery and equipment | 23 | €642 | €219 | -€422 | -65.8% |
| Furniture and vehicles | 24 | €6,998 | €4,188 | -€2,810 | -40.2% |
| Financial fixed assets | 28 | €3,650 | €3,650 | = | 0.0% |
| Current assets | 29/58 | €21,053 | €26,178 | +€5,125 | +24.3% |
| Stocks and contracts in progress | 3 | €2,450 | €6,029 | +€3,579 | +146.1% |
| Stocks | 30/36 | €2,450 | €6,029 | +€3,579 | +146.1% |
| Amounts receivable within one year | 40/41 | €10,614 | €15,848 | +€5,234 | +49.3% |
| Trade receivables | 40 | €9,956 | €15,338 | +€5,382 | +54.1% |
| Other amounts receivable | 41 | €658 | €510 | -€148 | -22.6% |
| Cash at bank and in hand | 54/58 | €7,989 | €4,301 | -€3,689 | -46.2% |
| Total equity and liabilities | 10/49 | €32,343 | €34,235 | +€1,892 | +5.9% |
| Equity | 10/15 | -€15,866 | -€12,381 | +€3,486 | +22.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,866 | -€14,381 | +€3,486 | +19.5% |
| Amounts payable | 17/49 | €48,210 | €46,616 | -€1,593 | -3.3% |
| Amounts payable within one year | 42/48 | €48,210 | €46,616 | -€1,593 | -3.3% |
| Trade debts | 44 | €12,131 | €11,587 | -€544 | -4.5% |
| Suppliers | 440/4 | €12,131 | €11,587 | -€544 | -4.5% |
| Taxes, remuneration and social security | 45 | €1,024 | €1,951 | +€927 | +90.5% |
| Taxes | 450/3 | €1,024 | €1,951 | +€927 | +90.5% |
| Other amounts payable | 47/48 | €35,054 | €33,078 | -€1,977 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,495 | €3,232 | -€263 | -7.5% |
| Other operating charges | 640/8 | €614 | €785 | +€171 | +27.8% |
| Gross operating margin | 9900 | €21,646 | €8,934 | -€12,712 | -58.7% |
| Operating profit (loss) | 9901 | €17,536 | €4,916 | -€12,620 | -72.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €1,318 | €1,299 | -€19 | -1.5% |
| Recurring financial charges | 65 | €1,318 | €1,299 | -€19 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €16,223 | €3,618 | -€12,606 | -77.7% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | €16,095 | €3,486 | -€12,610 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,095 | €3,486 | -€12,610 | -78.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.