LUNA CONSULTING: 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.
LUNA CONSULTING
Largest movements
- Tangible fixed assets +€158,900
up €158,900 (+20.0%), from €794,010 to €952,909
of which Land and buildings: +€405,774
- Cash -€83,071
down €83,071 (-94.2%), from €88,189 to €5,118
mainly Investment in fixed assets (net) (-€213,038) and Tax, wage and social debts (-€41,924)
- Receivables within one year -€19,957
down €19,957 (-3.6%), from €554,305 to €534,349
of which Trade receivables: -€26,070
- Financial fixed assets +€19,200
up €19,200 (+26.8%), from €71,543 to €90,743
- Debts after one year +€55,235
up €55,235 (+210%), from €26,284 to €81,519
- Reserves +€49,606
up €49,606 (+3.6%), from €1.4m to €1.4m
of which Tax-exempt reserves: +€33,680
- Tax, wage and social debts -€41,924
down €41,924 (-67.1%), from €62,470 to €20,545
of which Taxes: -€45,173
- Current portion of long-term debt +€18,663
up €18,663 (+91.2%), from €20,458 to €39,121
- Purchases and services +€40,368
up €40,368 (+25.0%), from €161,708 to €202,076
- Gross operating margin -€37,466
down €37,466 (-31.1%), from €120,421 to €82,956
- Taxes -€15,792
down €15,792 (-45.7%), from €34,565 to €18,773
- Depreciation +€11,450
up €11,450 (+48.7%), from €23,488 to €34,938
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 | €1,513,046 | €1,586,284 | +€73,238 | +4.8% |
| Fixed assets | 21/28 | €865,552 | €1,043,652 | +€178,100 | +20.6% |
| Tangible fixed assets | 22/27 | €794,010 | €952,909 | +€158,900 | +20.0% |
| Land and buildings | 22 | €466,415 | €872,190 | +€405,774 | +87.0% |
| Plant, machinery and equipment | 23 | €8,011 | €7,191 | -€819 | -10.2% |
| Furniture and vehicles | 24 | €6,832 | €73,528 | +€66,696 | +976% |
| Assets under construction and advance payments | 27 | €312,751 | - | -€312,751 | |
| Financial fixed assets | 28 | €71,543 | €90,743 | +€19,200 | +26.8% |
| Current assets | 29/58 | €647,494 | €542,632 | -€104,861 | -16.2% |
| Amounts receivable within one year | 40/41 | €554,305 | €534,349 | -€19,957 | -3.6% |
| Trade receivables | 40 | €51,423 | €25,353 | -€26,070 | -50.7% |
| Other amounts receivable | 41 | €502,882 | €508,996 | +€6,113 | +1.2% |
| Cash at bank and in hand | 54/58 | €88,189 | €5,118 | -€83,071 | -94.2% |
| Deferred charges and accrued income | 490/1 | €5,000 | €3,166 | -€1,834 | -36.7% |
| Total equity and liabilities | 10/49 | €1,513,046 | €1,586,284 | +€73,238 | +4.8% |
| Equity | 10/15 | €1,382,374 | €1,431,980 | +€49,606 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,376,174 | €1,425,780 | +€49,606 | +3.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,529 | €244,209 | +€33,680 | +16.0% |
| Distributable reserves | 133 | €1,163,645 | €1,179,571 | +€15,926 | +1.4% |
| Amounts payable | 17/49 | €130,672 | €154,304 | +€23,632 | +18.1% |
| Amounts payable after more than one year | 17 | €26,284 | €81,519 | +€55,235 | +210% |
| Financial debts | 170/4 | €26,284 | €81,519 | +€55,235 | +210% |
| Amounts payable within one year | 42/48 | €104,233 | €72,785 | -€31,448 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €20,458 | €39,121 | +€18,663 | +91.2% |
| Financial debts | 43 | €6,822 | - | -€6,822 | |
| Credit institutions | 430/8 | €6,822 | - | -€6,822 | |
| Trade debts | 44 | €14,484 | €13,119 | -€1,365 | -9.4% |
| Suppliers | 440/4 | €14,484 | €13,119 | -€1,365 | -9.4% |
| Taxes, remuneration and social security | 45 | €62,470 | €20,545 | -€41,924 | -67.1% |
| Taxes | 450/3 | €60,674 | €15,501 | -€45,173 | -74.5% |
| Remuneration and social security | 454/9 | €1,796 | €5,044 | +€3,248 | +181% |
| Accrued charges and deferred income | 492/3 | €155 | - | -€155 | |
| Turnover | 70 | €273,006 | €273,635 | +€629 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €161,708 | €202,076 | +€40,368 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,488 | €34,938 | +€11,450 | +48.7% |
| Other operating charges | 640/8 | €4,528 | €5,256 | +€728 | +16.1% |
| Gross operating margin | 9900 | €120,421 | €82,956 | -€37,466 | -31.1% |
| Operating profit (loss) | 9901 | €92,405 | €42,762 | -€49,643 | -53.7% |
| Financial income | 75/76B | €31,375 | €30,351 | -€1,024 | -3.3% |
| Recurring financial income | 75 | €31,375 | €30,351 | -€1,024 | -3.3% |
| Financial charges | 65/66B | €3,070 | €4,733 | +€1,663 | +54.2% |
| Recurring financial charges | 65 | €3,070 | €4,733 | +€1,663 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €120,710 | €68,379 | -€52,330 | -43.4% |
| Income taxes | 67/77 | €34,565 | €18,773 | -€15,792 | -45.7% |
| Profit (loss) for the period | 9904 | €86,145 | €49,606 | -€36,539 | -42.4% |
| Transfer from tax-exempt reserves | 789 | €126,300 | - | -€126,300 | |
| Transfer to tax-exempt reserves | 689 | €42,100 | €33,680 | -€8,420 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €170,345 | €15,926 | -€154,419 | -90.7% |
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 20 October 2026 via checked.be.