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.
What changed
LUNA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45,312
2024 · €23,203+€22,110
Equity
€305,414
2024 · €260,102+€45,312
Cash
€95,678
2024 · €56,916+€38,762
Balance sheet total
€9.5m
2024 · €8.4m+€1.1m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+13.8%), from €7.6m to €8.6m
of which Other amounts receivable: +€1.1m
Equity and liabilities
- Other debts +€1.1m
up €1.1m (+17.8%), from €6.0m to €7.1m
Income statement
- Gross operating margin +€33,754
up €33,754 (+81.5%), from €41,432 to €75,186
- Financial income +€28,549
up €28,549 (+38.7%), from €73,841 to €102,391
- Financial charges +€25,814
up €25,814 (+38.0%), from €67,891 to €93,706
- Taxes +€14,624
up €14,624 (+218%), from €6,693 to €21,317
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.
Result 2024
€23,203
Gross operating margin
+€33,754
Depreciation
-€244
Other operating charges
+€489
Financial income
+€28,549
Financial charges
-€25,814
Taxes
-€14,624
Result 2025
€45,312
raises the resultlowers the result
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.
From operations
+€51,806
Investment
€0
Financing
-€13,044
Cash 2024
€56,916
From operations (derived)
+€51,806
Net result for the year
+€45,312
Depreciation
+€14,426
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€3,177
Trade debts
-€40,132
Tax, wage and social debts
+€4,624
Other debts
+€1.1m
Financing
-€13,044
Debts after one year
-€4,385
Current portion of long-term debt
-€8,659
Cash 2025
€95,678
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,403,378 | €9,474,766 | +€1.1m | +12.7% |
| Fixed assets | 21/28 | €783,091 | €768,666 | -€14,426 | -1.8% |
| Tangible fixed assets | 22/27 | €19,515 | €5,090 | -€14,426 | -73.9% |
| Furniture and vehicles | 24 | €19,515 | €5,090 | -€14,426 | -73.9% |
| Financial fixed assets | 28 | €763,576 | €763,576 | = | 0.0% |
| Current assets | 29/58 | €7,620,287 | €8,706,101 | +€1.1m | +14.2% |
| Amounts receivable within one year | 40/41 | €7,563,129 | €8,607,004 | +€1.0m | +13.8% |
| Trade receivables | 40 | €60,736 | €31,870 | -€28,866 | -47.5% |
| Other amounts receivable | 41 | €7,502,393 | €8,575,135 | +€1.1m | +14.3% |
| Cash at bank and in hand | 54/58 | €56,916 | €95,678 | +€38,762 | +68.1% |
| Deferred charges and accrued income | 490/1 | €242 | €3,418 | +€3,177 | +1,315% |
| Total equity and liabilities | 10/49 | €8,403,378 | €9,474,766 | +€1.1m | +12.7% |
| Equity | 10/15 | €260,102 | €305,414 | +€45,312 | +17.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Uncalled capital | 101 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,102 | €230,414 | +€45,312 | +24.5% |
| Amounts payable | 17/49 | €8,143,276 | €9,169,353 | +€1.0m | +12.6% |
| Amounts payable after more than one year | 17 | €2,004,385 | €2,000,000 | -€4,385 | -0.2% |
| Financial debts | 170/4 | €2,004,385 | €2,000,000 | -€4,385 | -0.2% |
| Amounts payable within one year | 42/48 | €6,138,891 | €7,169,353 | +€1.0m | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €13,044 | €4,385 | -€8,659 | -66.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €72,594 | €32,462 | -€40,132 | -55.3% |
| Suppliers | 440/4 | €72,594 | €32,462 | -€40,132 | -55.3% |
| Taxes, remuneration and social security | 45 | €6,693 | €11,317 | +€4,624 | +69.1% |
| Taxes | 450/3 | €6,693 | €11,317 | +€4,624 | +69.1% |
| Other amounts payable | 47/48 | €6,046,560 | €7,121,189 | +€1.1m | +17.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,181 | €14,426 | +€244 | +1.7% |
| Other operating charges | 640/8 | €3,305 | €2,816 | -€489 | -14.8% |
| Gross operating margin | 9900 | €41,432 | €75,186 | +€33,754 | +81.5% |
| Operating profit (loss) | 9901 | €23,946 | €57,944 | +€33,998 | +142% |
| Financial income | 75/76B | €73,841 | €102,391 | +€28,549 | +38.7% |
| Recurring financial income | 75 | €73,841 | €102,391 | +€28,549 | +38.7% |
| Financial charges | 65/66B | €67,891 | €93,706 | +€25,814 | +38.0% |
| Recurring financial charges | 65 | €67,891 | €93,706 | +€25,814 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €29,896 | €66,629 | +€36,733 | +123% |
| Income taxes | 67/77 | €6,693 | €21,317 | +€14,624 | +218% |
| Profit (loss) for the period | 9904 | €23,203 | €45,312 | +€22,110 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,203 | €45,312 | +€22,110 | +95.3% |
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 15 October 2026 via checked.be.