LUNAFER: 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.
LUNAFER
Largest movements
- Receivables within one year +€76,684
up €76,684 (+8.0%), from €957,038 to €1.0m
of which Other amounts receivable: +€38,366
- Stocks and contracts +€28,510
up €28,510 (+4.8%), from €587,843 to €616,352
- Tangible fixed assets -€24,075
down €24,075 (-11.2%), from €215,234 to €191,158
of which Furniture and vehicles: -€19,805
- Trade debts +€348,383
up €348,383 (+65.6%), from €531,333 to €879,716
- Accrued charges and deferred income -€218,945
no longer reported in 2024 (was €218,945)
- Advances received -€115,100
no longer reported in 2024 (was €115,100)
- Other debts +€48,298
up €48,298 (+48.5%), from €99,535 to €147,833
- Current portion of long-term debt +€35,131
up €35,131 (+185.2%), from €18,970 to €54,100
- Gross operating margin -€97,766
down €97,766 (-24.5%), from €399,512 to €301,746
- Staff costs -€68,466
down €68,466 (-22.2%), from €308,454 to €239,988
- Financial charges -€13,204
down €13,204 (-40.6%), from €32,554 to €19,351
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,796,629 | €1,867,701 | +€71,072 | +4.0% |
| Formation expenses | 20 | €1,118 | €669 | -€449 | -40.1% |
| Fixed assets | 21/28 | €218,700 | €193,335 | -€25,365 | -11.6% |
| Intangible fixed assets | 21 | €3,466 | €2,177 | -€1,290 | -37.2% |
| Tangible fixed assets | 22/27 | €215,234 | €191,158 | -€24,075 | -11.2% |
| Land and buildings | 22 | €127,593 | €122,296 | -€5,297 | -4.2% |
| Plant, machinery and equipment | 23 | €4,142 | €5,168 | +€1,026 | +24.8% |
| Furniture and vehicles | 24 | €83,499 | €63,694 | -€19,805 | -23.7% |
| Current assets | 29/58 | €1,576,811 | €1,673,697 | +€96,885 | +6.1% |
| Stocks and contracts in progress | 3 | €587,843 | €616,352 | +€28,510 | +4.8% |
| Stocks | 30/36 | €587,843 | €616,352 | +€28,510 | +4.8% |
| Amounts receivable within one year | 40/41 | €957,038 | €1,033,723 | +€76,684 | +8.0% |
| Trade receivables | 40 | €944,507 | €982,826 | +€38,319 | +4.1% |
| Other amounts receivable | 41 | €12,532 | €50,897 | +€38,366 | +306.2% |
| Cash at bank and in hand | 54/58 | €31,930 | €22,486 | -€9,444 | -29.6% |
| Deferred charges and accrued income | 490/1 | - | €1,135 | +€1,135 | |
| Total equity and liabilities | 10/49 | €1,796,629 | €1,867,701 | +€71,072 | +4.0% |
| Equity | 10/15 | €21,276 | €28,563 | +€7,286 | +34.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,276 | €23,563 | +€7,286 | +44.8% |
| Amounts payable | 17/49 | €1,775,353 | €1,839,138 | +€63,785 | +3.6% |
| Amounts payable after more than one year | 17 | €688,924 | €660,079 | -€28,845 | -4.2% |
| Financial debts | 170/4 | €688,924 | €660,079 | -€28,845 | -4.2% |
| Amounts payable within one year | 42/48 | €867,484 | €1,179,059 | +€311,575 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €18,970 | €54,100 | +€35,131 | +185.2% |
| Financial debts | 43 | - | €15,083 | +€15,083 | |
| Credit institutions | 430/8 | - | €15,083 | +€15,083 | |
| Trade debts | 44 | €531,333 | €879,716 | +€348,383 | +65.6% |
| Suppliers | 440/4 | €531,333 | €879,716 | +€348,383 | +65.6% |
| Advances received on contracts in progress | 46 | €115,100 | - | -€115,100 | |
| Taxes, remuneration and social security | 45 | €102,546 | €82,327 | -€20,219 | -19.7% |
| Taxes | 450/3 | €34,528 | €66,094 | +€31,566 | +91.4% |
| Remuneration and social security | 454/9 | €68,018 | €16,233 | -€51,785 | -76.1% |
| Other amounts payable | 47/48 | €99,535 | €147,833 | +€48,298 | +48.5% |
| Accrued charges and deferred income | 492/3 | €218,945 | - | -€218,945 | |
| Remuneration, social security and pensions | 62 | €308,454 | €239,988 | -€68,466 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,618 | €30,869 | +€1,251 | +4.2% |
| Other operating charges | 640/8 | €2,891 | €1,822 | -€1,069 | -37.0% |
| Non-recurring operating charges | 66A | €17,110 | - | -€17,110 | |
| Gross operating margin | 9900 | €399,512 | €301,746 | -€97,766 | -24.5% |
| Operating profit (loss) | 9901 | €41,438 | €29,066 | -€12,372 | -29.9% |
| Financial charges | 65/66B | €32,554 | €19,351 | -€13,204 | -40.6% |
| Recurring financial charges | 65 | €32,554 | €19,351 | -€13,204 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €8,884 | €9,715 | +€831 | +9.4% |
| Income taxes | 67/77 | €42 | €2,429 | +€2,387 | +5644.5% |
| Profit (loss) for the period | 9904 | €8,842 | €7,286 | -€1,555 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,842 | €7,286 | -€1,555 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.