LUNATEC: 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.
LUNATEC
Largest movements
- Tangible fixed assets +€621,113
up €621,113 (+569.1%), from €109,141 to €730,254
of which Land and buildings: +€652,260
- Receivables after one year -€436,552
no longer reported in 2025 (was €436,552)
- Receivables within one year -€143,808
down €143,808 (-83.5%), from €172,222 to €28,414
of which Other amounts receivable: -€140,097
- Other debts +€69,788
new in 2025: €69,788
- Provisions -€64,936
down €64,936 (-39.4%), from €164,936 to €100,000
- Reserves +€44,163
up €44,163 (+21.8%), from €202,956 to €247,119
of which Distributable reserves: +€71,528
- Provisions -€64,936
new in 2025: -€64,936
- Gross operating margin -€42,076
down €42,076 (-40.8%), from €103,060 to €60,984
- Depreciation +€22,228
up €22,228 (+64.8%), from €34,297 to €56,524
- Financial income -€17,963
down €17,963 (-99.4%), from €18,079 to €116
- Financial charges +€2,849
up €2,849 (+1167.0%), from €244 to €3,093
of which Financial charges: +€2,477
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 | €747,391 | €793,151 | +€45,759 | +6.1% |
| Fixed assets | 21/28 | €109,141 | €730,254 | +€621,113 | +569.1% |
| Tangible fixed assets | 22/27 | €109,141 | €730,254 | +€621,113 | +569.1% |
| Land and buildings | 22 | €844 | €653,104 | +€652,260 | +77272.9% |
| Plant, machinery and equipment | 23 | - | €1,399 | +€1,399 | |
| Furniture and vehicles | 24 | €108,297 | €75,750 | -€32,546 | -30.1% |
| Current assets | 29/58 | €638,251 | €62,897 | -€575,354 | -90.1% |
| Amounts receivable after more than one year | 29 | €436,552 | - | -€436,552 | |
| Other amounts receivable | 291 | €436,552 | - | -€436,552 | |
| Amounts receivable within one year | 40/41 | €172,222 | €28,414 | -€143,808 | -83.5% |
| Trade receivables | 40 | €32,126 | €28,414 | -€3,712 | -11.6% |
| Other amounts receivable | 41 | €140,097 | - | -€140,097 | |
| Cash at bank and in hand | 54/58 | €27,132 | €32,662 | +€5,530 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,345 | €1,821 | -€524 | -22.3% |
| Total equity and liabilities | 10/49 | €747,391 | €793,151 | +€45,759 | +6.1% |
| Equity | 10/15 | €552,364 | €596,527 | +€44,163 | +8.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €202,956 | €247,119 | +€44,163 | +21.8% |
| Tax-exempt reserves | 132 | €30,356 | €2,991 | -€27,365 | -90.1% |
| Distributable reserves | 133 | €172,600 | €244,128 | +€71,528 | +41.4% |
| Profit (loss) carried forward | 14 | €329,408 | €329,408 | = | 0.0% |
| Provisions and deferred taxes | 16 | €164,936 | €100,000 | -€64,936 | -39.4% |
| Provisions for liabilities and charges | 160/5 | €164,936 | €100,000 | -€64,936 | -39.4% |
| Pensions and similar obligations | 160 | €164,936 | €100,000 | -€64,936 | -39.4% |
| Amounts payable | 17/49 | €30,092 | €96,624 | +€66,532 | +221.1% |
| Amounts payable within one year | 42/48 | €30,092 | €94,153 | +€64,061 | +212.9% |
| Trade debts | 44 | €2,406 | €4,319 | +€1,912 | +79.5% |
| Suppliers | 440/4 | €2,406 | €4,319 | +€1,912 | +79.5% |
| Taxes, remuneration and social security | 45 | €27,686 | €20,047 | -€7,639 | -27.6% |
| Taxes | 450/3 | €27,686 | €20,047 | -€7,639 | -27.6% |
| Other amounts payable | 47/48 | - | €69,788 | +€69,788 | |
| Accrued charges and deferred income | 492/3 | - | €2,471 | +€2,471 | |
| Non-recurring operating income | 76A | €21,988 | - | -€21,988 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,297 | €56,524 | +€22,228 | +64.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€64,936 | -€64,936 | |
| Other operating charges | 640/8 | €1,334 | €948 | -€386 | -29.0% |
| Non-recurring operating charges | 66A | €63,100 | - | -€63,100 | |
| Gross operating margin | 9900 | €103,060 | €60,984 | -€42,076 | -40.8% |
| Operating profit (loss) | 9901 | €4,329 | €68,447 | +€64,118 | +1481.0% |
| Financial income | 75/76B | €18,079 | €116 | -€17,963 | -99.4% |
| Recurring financial income | 75 | €18,079 | €116 | -€17,963 | -99.4% |
| Financial charges | 65/66B | €244 | €3,093 | +€2,849 | +1167.0% |
| Recurring financial charges | 65 | €244 | €2,721 | +€2,477 | +1014.4% |
| Non-recurring financial charges | 66B | - | €373 | +€373 | |
| Profit (loss) for the period before taxes | 9903 | €22,164 | €65,470 | +€43,306 | +195.4% |
| Income taxes | 67/77 | €19,195 | €21,307 | +€2,111 | +11.0% |
| Profit (loss) for the period | 9904 | €2,969 | €44,163 | +€41,195 | +1387.7% |
| Transfer from tax-exempt reserves | 789 | - | €27,365 | +€27,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,969 | €71,528 | +€68,560 | +2309.5% |
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 10 October 2026 via checked.be.