LUNA STELLA: 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 STELLA
Largest movements
- Cash +€242,749
up €242,749 (+27.1%), from €895,005 to €1.1m
mainly Stocks and contracts (+€199,239) and Net result for the year (+€114,804)
- Receivables within one year +€202,066
up €202,066 (+54.3%), from €372,396 to €574,462
of which Trade receivables: +€218,488
- Stocks and contracts -€199,239
down €199,239 (-67.7%), from €294,239 to €95,000
- Tangible fixed assets -€97,734
down €97,734 (-50.8%), from €192,568 to €94,834
of which Furniture and vehicles: -€87,734
- Profit (loss) carried forward +€114,804
up €114,804 (+18.1%), from €635,759 to €750,563
- Tax, wage and social debts +€60,663
up €60,663 (+109%), from €55,697 to €116,360
of which Taxes: +€31,337
- Gross operating margin +€126,031
up €126,031 (+21.9%), from €575,166 to €701,197
- Staff costs +€70,617
up €70,617 (+20.2%), from €349,229 to €419,845
- Other operating charges +€51,923
up €51,923 (+332%), from €15,631 to €67,554
- Depreciation -€10,248
down €10,248 (-21.3%), from €48,002 to €37,754
- Taxes +€8,852
up €8,852 (+26.1%), from €33,940 to €42,791
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 | €1,760,149 | €1,907,990 | +€147,841 | +8.4% |
| Fixed assets | 21/28 | €198,508 | €100,774 | -€97,734 | -49.2% |
| Tangible fixed assets | 22/27 | €192,568 | €94,834 | -€97,734 | -50.8% |
| Plant, machinery and equipment | 23 | €48,822 | €38,822 | -€10,000 | -20.5% |
| Furniture and vehicles | 24 | €143,746 | €56,012 | -€87,734 | -61.0% |
| Financial fixed assets | 28 | €5,940 | €5,940 | = | 0.0% |
| Current assets | 29/58 | €1,561,641 | €1,807,217 | +€245,576 | +15.7% |
| Stocks and contracts in progress | 3 | €294,239 | €95,000 | -€199,239 | -67.7% |
| Stocks | 30/36 | €294,239 | €95,000 | -€199,239 | -67.7% |
| Amounts receivable within one year | 40/41 | €372,396 | €574,462 | +€202,066 | +54.3% |
| Trade receivables | 40 | €180,758 | €399,245 | +€218,488 | +121% |
| Other amounts receivable | 41 | €191,639 | €175,217 | -€16,422 | -8.6% |
| Cash at bank and in hand | 54/58 | €895,005 | €1,137,754 | +€242,749 | +27.1% |
| Total equity and liabilities | 10/49 | €1,760,149 | €1,907,990 | +€147,841 | +8.4% |
| Equity | 10/15 | €656,219 | €771,023 | +€114,804 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €635,759 | €750,563 | +€114,804 | +18.1% |
| Amounts payable | 17/49 | €1,103,930 | €1,136,967 | +€33,037 | +3.0% |
| Amounts payable after more than one year | 17 | €116,722 | €101,976 | -€14,746 | -12.6% |
| Financial debts | 170/4 | €116,722 | €101,976 | -€14,746 | -12.6% |
| Amounts payable within one year | 42/48 | €987,208 | €1,034,991 | +€47,783 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €75,449 | €67,913 | -€7,536 | -10.0% |
| Financial debts | 43 | €5,811 | €12,444 | +€6,633 | +114% |
| Credit institutions | 430/8 | €5,811 | €12,444 | +€6,633 | +114% |
| Trade debts | 44 | €810,903 | €800,433 | -€10,470 | -1.3% |
| Suppliers | 440/4 | €810,903 | €800,433 | -€10,470 | -1.3% |
| Taxes, remuneration and social security | 45 | €55,697 | €116,360 | +€60,663 | +109% |
| Taxes | 450/3 | €6,202 | €37,539 | +€31,337 | +505% |
| Remuneration and social security | 454/9 | €49,495 | €78,821 | +€29,327 | +59.3% |
| Other amounts payable | 47/48 | €39,349 | €37,841 | -€1,507 | -3.8% |
| Remuneration, social security and pensions | 62 | €349,229 | €419,845 | +€70,617 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,002 | €37,754 | -€10,248 | -21.3% |
| Other operating charges | 640/8 | €15,631 | €67,554 | +€51,923 | +332% |
| Gross operating margin | 9900 | €575,166 | €701,197 | +€126,031 | +21.9% |
| Operating profit (loss) | 9901 | €162,305 | €176,044 | +€13,739 | +8.5% |
| Financial income | 75/76B | €392 | €213 | -€180 | -45.8% |
| Recurring financial income | 75 | €392 | €213 | -€180 | -45.8% |
| Financial charges | 65/66B | €20,257 | €18,661 | -€1,597 | -7.9% |
| Recurring financial charges | 65 | €20,257 | €18,661 | -€1,597 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €142,440 | €157,596 | +€15,156 | +10.6% |
| Income taxes | 67/77 | €33,940 | €42,791 | +€8,852 | +26.1% |
| Profit (loss) for the period | 9904 | €108,500 | €114,804 | +€6,304 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €108,500 | €114,804 | +€6,304 | +5.8% |
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 27 October 2026 via checked.be.