LUNARO: what changed
Two fiscal 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.
LUNARO
Largest movements
- Cash +€82,208
up €82,208 (+79.0%), from €104,017 to €186,225
mainly Net result for the year (+€94,044) and Other debts (+€85,606)
- Tangible fixed assets -€3,287
down €3,287 (-72.6%), from €4,526 to €1,239
- Other debts +€85,606
up €85,606 (+113.0%), from €75,729 to €161,335
- Tax, wage and social debts +€13,315
up €13,315 (+63.6%), from €20,927 to €34,242
of which Remuneration and social security: +€8,118
- Profit (loss) carried forward -€12,956
down €12,956 (-96.3%), from €13,454 to €498
- Trade debts -€6,786
down €6,786 (-96.0%), from €7,067 to €280
- Turnover -€188,049
no longer reported in 2025 (was €188,049)
- Purchases and services -€73,652
no longer reported in 2025 (was €73,652)
- Gross operating margin +€9,480
up €9,480 (+8.0%), from €117,835 to €127,315
- Taxes +€3,371
up €3,371 (+13.3%), from €25,270 to €28,640
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.
Cash bridge derived
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 | €123,376 | €203,683 | +€80,307 | +65.1% |
| Fixed assets | 21/28 | €4,526 | €1,239 | -€3,287 | -72.6% |
| Tangible fixed assets | 22/27 | €4,526 | €1,239 | -€3,287 | -72.6% |
| Furniture and vehicles | 24 | €4,526 | €1,239 | -€3,287 | -72.6% |
| Current assets | 29/58 | €118,851 | €202,444 | +€83,593 | +70.3% |
| Amounts receivable within one year | 40/41 | €14,834 | €16,219 | +€1,385 | +9.3% |
| Trade receivables | 40 | €10,104 | €10,104 | = | 0.0% |
| Other amounts receivable | 41 | €4,730 | €6,115 | +€1,385 | +29.3% |
| Cash at bank and in hand | 54/58 | €104,017 | €186,225 | +€82,208 | +79.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €123,376 | €203,683 | +€80,307 | +65.1% |
| Equity | 10/15 | €19,654 | €6,698 | -€12,956 | -65.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,454 | €498 | -€12,956 | -96.3% |
| Amounts payable | 17/49 | €103,722 | €196,985 | +€93,263 | +89.9% |
| Amounts payable within one year | 42/48 | €103,722 | €195,857 | +€92,135 | +88.8% |
| Trade debts | 44 | €7,067 | €280 | -€6,786 | -96.0% |
| Suppliers | 440/4 | €7,067 | €280 | -€6,786 | -96.0% |
| Taxes, remuneration and social security | 45 | €20,927 | €34,242 | +€13,315 | +63.6% |
| Taxes | 450/3 | €20,927 | €26,124 | +€5,198 | +24.8% |
| Remuneration and social security | 454/9 | €0 | €8,118 | +€8,118 | |
| Other amounts payable | 47/48 | €75,729 | €161,335 | +€85,606 | +113.0% |
| Accrued charges and deferred income | 492/3 | - | €1,128 | +€1,128 | |
| Turnover | 70 | €188,049 | - | -€188,049 | |
| Goods, raw materials, services and sundry goods | 60/61 | €73,652 | - | -€73,652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,008 | €3,287 | -€1,721 | -34.4% |
| Other operating charges | 640/8 | €977 | €1,142 | +€165 | +16.9% |
| Gross operating margin | 9900 | €117,835 | €127,315 | +€9,480 | +8.0% |
| Operating profit (loss) | 9901 | €111,849 | €122,886 | +€11,037 | +9.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €236 | €202 | -€34 | -14.3% |
| Recurring financial charges | 65 | €236 | €202 | -€34 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €111,614 | €122,684 | +€11,071 | +9.9% |
| Income taxes | 67/77 | €25,270 | €28,640 | +€3,371 | +13.3% |
| Profit (loss) for the period | 9904 | €86,344 | €94,044 | +€7,700 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,344 | €94,044 | +€7,700 | +8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.