LUNAS: 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.
What changed
LUNAS
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,334
2024 · €36,483-€31,148
Equity
€164,706
2024 · €159,371+€5,334
Cash
€58,238
2024 · €55,332+€2,907
Balance sheet total
€613,435
2024 · €659,510-€46,074
Largest movements
Assets
- Tangible fixed assets -€47,748
down €47,748 (-8.3%), from €573,582 to €525,835
of which Land and buildings: -€35,088
Equity and liabilities
- Debts after one year -€33,530
down €33,530 (-8.3%), from €405,574 to €372,044
- Other debts -€11,751
down €11,751 (-54.2%), from €21,692 to €9,941
- Trade debts -€8,412
down €8,412 (-35.9%), from €23,427 to €15,015
Income statement
- Gross operating margin -€40,039
down €40,039 (-18.3%), from €219,110 to €179,071
- Taxes -€5,251
down €5,251 (-72.4%), from €7,251 to €2,000
- Financial charges -€4,459
down €4,459 (-27.2%), from €16,406 to €11,947
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.
Result 2024
€36,483
Gross operating margin
-€40,039
Staff costs
+€1,272
Depreciation
-€1,829
Other operating charges
-€17
Financial income
-€245
Financial charges
+€4,459
Taxes
+€5,251
Result 2025
€5,334
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.
From operations
+€38,985
Investment
-€4,430
Financing
-€31,648
Cash 2024
€55,332
From operations (derived)
+€38,985
Net result for the year
+€5,334
Depreciation
+€52,178
Stocks and contracts
+€2,078
Receivables within one year
+€98
Deferred charges and accrued income
-€942
Trade debts
-€8,412
Tax, wage and social debts
+€795
Other debts
-€11,751
Accrued charges and deferred income
-€393
Investment (derived)
-€4,430
Investment in fixed assets (net)
-€4,430
Financing
-€31,648
Debts after one year
-€33,530
Current portion of long-term debt
+€1,882
Cash 2025
€58,238
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €659,510 | €613,435 | -€46,074 | -7.0% |
| Fixed assets | 21/28 | €573,582 | €525,835 | -€47,748 | -8.3% |
| Tangible fixed assets | 22/27 | €573,582 | €525,835 | -€47,748 | -8.3% |
| Land and buildings | 22 | €489,785 | €454,696 | -€35,088 | -7.2% |
| Plant, machinery and equipment | 23 | €83,798 | €71,138 | -€12,660 | -15.1% |
| Current assets | 29/58 | €85,927 | €87,600 | +€1,673 | +1.9% |
| Stocks and contracts in progress | 3 | €27,780 | €25,703 | -€2,078 | -7.5% |
| Stocks | 30/36 | €27,780 | €25,703 | -€2,078 | -7.5% |
| Amounts receivable within one year | 40/41 | €2,409 | €2,311 | -€98 | -4.1% |
| Trade receivables | 40 | €1,716 | €1,716 | = | 0.0% |
| Other amounts receivable | 41 | €694 | €595 | -€98 | -14.2% |
| Cash at bank and in hand | 54/58 | €55,332 | €58,238 | +€2,907 | +5.3% |
| Deferred charges and accrued income | 490/1 | €406 | €1,348 | +€942 | +232.2% |
| Total equity and liabilities | 10/49 | €659,510 | €613,435 | -€46,074 | -7.0% |
| Equity | 10/15 | €159,371 | €164,706 | +€5,334 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,860 | €5,860 | = | 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% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,911 | €140,246 | +€5,334 | +4.0% |
| Amounts payable | 17/49 | €500,138 | €448,729 | -€51,409 | -10.3% |
| Amounts payable after more than one year | 17 | €405,574 | €372,044 | -€33,530 | -8.3% |
| Financial debts | 170/4 | €405,574 | €372,044 | -€33,530 | -8.3% |
| Amounts payable within one year | 42/48 | €94,171 | €76,685 | -€17,486 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €28,752 | €30,633 | +€1,882 | +6.5% |
| Trade debts | 44 | €23,427 | €15,015 | -€8,412 | -35.9% |
| Suppliers | 440/4 | €23,427 | €15,015 | -€8,412 | -35.9% |
| Taxes, remuneration and social security | 45 | €20,302 | €21,096 | +€795 | +3.9% |
| Taxes | 450/3 | €10,240 | €8,730 | -€1,510 | -14.7% |
| Remuneration and social security | 454/9 | €10,062 | €12,366 | +€2,304 | +22.9% |
| Other amounts payable | 47/48 | €21,692 | €9,941 | -€11,751 | -54.2% |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Non-recurring operating income | 76A | - | €9,063 | +€9,063 | |
| Remuneration, social security and pensions | 62 | €105,730 | €104,457 | -€1,272 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,348 | €52,178 | +€1,829 | +3.6% |
| Other operating charges | 640/8 | €3,240 | €3,258 | +€17 | +0.5% |
| Gross operating margin | 9900 | €219,110 | €179,071 | -€40,039 | -18.3% |
| Operating profit (loss) | 9901 | €59,791 | €19,178 | -€40,613 | -67.9% |
| Financial income | 75/76B | €348 | €103 | -€245 | -70.4% |
| Recurring financial income | 75 | €348 | €103 | -€245 | -70.4% |
| Financial charges | 65/66B | €16,406 | €11,947 | -€4,459 | -27.2% |
| Recurring financial charges | 65 | €16,406 | €11,947 | -€4,459 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €43,734 | €7,334 | -€36,399 | -83.2% |
| Income taxes | 67/77 | €7,251 | €2,000 | -€5,251 | -72.4% |
| Profit (loss) for the period | 9904 | €36,483 | €5,334 | -€31,148 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,483 | €5,334 | -€31,148 | -85.4% |
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 29 September 2026 via checked.be.