LUNAHRA: 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.
LUNAHRA
Largest movements
- Tangible fixed assets +€25,364
new in 2025: €25,364
- Receivables within one year +€16,090
up €16,090 (+42.6%), from €37,786 to €53,876
of which Trade receivables: +€15,670
- Cash -€11,602
down €11,602 (-54.7%), from €21,213 to €9,611
mainly Investment in fixed assets (net) (-€30,000) and Other debts (-€18,140)
- Profit (loss) carried forward +€47,698
up €47,698 (+15.5%), from -€307,478 to -€259,779
- Other debts -€18,140
down €18,140 (-2.3%), from €792,717 to €774,578
- Gross operating margin -€85,689
down €85,689 (-61.6%), from €139,089 to €53,400
- Depreciation +€4,051
up €4,051 (+346%), from €1,171 to €5,223
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 | €759,308 | €788,203 | +€28,895 | +3.8% |
| Fixed assets | 21/28 | €664,742 | €689,520 | +€24,777 | +3.7% |
| Intangible fixed assets | 21 | €649 | €62 | -€587 | -90.4% |
| Tangible fixed assets | 22/27 | - | €25,364 | +€25,364 | |
| Furniture and vehicles | 24 | - | €25,364 | +€25,364 | |
| Financial fixed assets | 28 | €664,093 | €664,093 | = | 0.0% |
| Current assets | 29/58 | €94,566 | €98,683 | +€4,118 | +4.4% |
| Stocks and contracts in progress | 3 | €35,000 | €35,000 | = | 0.0% |
| Stocks | 30/36 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,786 | €53,876 | +€16,090 | +42.6% |
| Trade receivables | 40 | €37,786 | €53,456 | +€15,670 | +41.5% |
| Other amounts receivable | 41 | €0 | €420 | +€420 | |
| Cash at bank and in hand | 54/58 | €21,213 | €9,611 | -€11,602 | -54.7% |
| Deferred charges and accrued income | 490/1 | €567 | €196 | -€371 | -65.4% |
| Total equity and liabilities | 10/49 | €759,308 | €788,203 | +€28,895 | +3.8% |
| Equity | 10/15 | -€38,886 | €8,813 | +€47,698 | |
| Contributions | 10/11 | €268,592 | €268,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,478 | -€259,779 | +€47,698 | +15.5% |
| Amounts payable | 17/49 | €798,193 | €779,390 | -€18,803 | -2.4% |
| Amounts payable within one year | 42/48 | €798,193 | €779,390 | -€18,803 | -2.4% |
| Trade debts | 44 | €432 | €929 | +€496 | +115% |
| Suppliers | 440/4 | €432 | €929 | +€496 | +115% |
| Taxes, remuneration and social security | 45 | €5,044 | €3,883 | -€1,160 | -23.0% |
| Taxes | 450/3 | €5,044 | €3,883 | -€1,160 | -23.0% |
| Other amounts payable | 47/48 | €792,717 | €774,578 | -€18,140 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,171 | €5,223 | +€4,051 | +346% |
| Other operating charges | 640/8 | €839 | €479 | -€360 | -42.9% |
| Gross operating margin | 9900 | €139,089 | €53,400 | -€85,689 | -61.6% |
| Operating profit (loss) | 9901 | €137,079 | €47,698 | -€89,380 | -65.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -23.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -23.7% |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €137,079 | €47,698 | -€89,381 | -65.2% |
| Income taxes | 67/77 | €141 | €0 | -€141 | -100% |
| Profit (loss) for the period | 9904 | €136,938 | €47,698 | -€89,240 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €136,938 | €47,698 | -€89,240 | -65.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.