LUNDI !: 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.
LUNDI !
Largest movements
- Cash -€37,265
down €37,265 (-25.2%), from €147,598 to €110,333
mainly Contributions, distributions and other (-€40,000) and Other debts (-€31,796)
- Tangible fixed assets -€2,460
down €2,460 (-10.9%), from €22,663 to €20,203
of which Other tangible fixed assets: -€1,416
- Other debts -€31,796
down €31,796 (-26.5%), from €120,178 to €88,382
- Tax, wage and social debts -€3,347
down €3,347 (-79.5%), from €4,208 to €862
- Profit (loss) carried forward -€2,976
down €2,976 (-10.0%), from €29,709 to €26,734
- Accrued charges and deferred income -€2,119
down €2,119 (-37.8%), from €5,608 to €3,489
- Gross operating margin +€7,101
up €7,101 (+13.8%), from €51,289 to €58,389
- Taxes +€2,132
up €2,132 (+19.5%), from €10,949 to €13,082
- Financial charges -€2,119
down €2,119 (-37.2%), from €5,699 to €3,580
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 | €181,843 | €141,170 | -€40,673 | -22.4% |
| Fixed assets | 21/28 | €22,663 | €20,203 | -€2,460 | -10.9% |
| Tangible fixed assets | 22/27 | €22,663 | €20,203 | -€2,460 | -10.9% |
| Furniture and vehicles | 24 | €3,174 | €2,131 | -€1,044 | -32.9% |
| Other tangible fixed assets | 26 | €19,489 | €18,072 | -€1,416 | -7.3% |
| Current assets | 29/58 | €159,180 | €120,967 | -€38,213 | -24.0% |
| Amounts receivable within one year | 40/41 | €10,448 | €9,905 | -€543 | -5.2% |
| Trade receivables | 40 | €6,347 | €4,506 | -€1,841 | -29.0% |
| Other amounts receivable | 41 | €4,101 | €5,400 | +€1,298 | +31.6% |
| Cash at bank and in hand | 54/58 | €147,598 | €110,333 | -€37,265 | -25.2% |
| Deferred charges and accrued income | 490/1 | €1,134 | €729 | -€405 | -35.7% |
| Total equity and liabilities | 10/49 | €181,843 | €141,170 | -€40,673 | -22.4% |
| Equity | 10/15 | €50,169 | €47,194 | -€2,976 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,709 | €26,734 | -€2,976 | -10.0% |
| Amounts payable | 17/49 | €131,673 | €93,977 | -€37,697 | -28.6% |
| Amounts payable within one year | 42/48 | €126,066 | €90,488 | -€35,578 | -28.2% |
| Trade debts | 44 | €1,679 | €1,243 | -€436 | -26.0% |
| Suppliers | 440/4 | €1,679 | €1,243 | -€436 | -26.0% |
| Taxes, remuneration and social security | 45 | €4,208 | €862 | -€3,347 | -79.5% |
| Taxes | 450/3 | €4,208 | €862 | -€3,347 | -79.5% |
| Other amounts payable | 47/48 | €120,178 | €88,382 | -€31,796 | -26.5% |
| Accrued charges and deferred income | 492/3 | €5,608 | €3,489 | -€2,119 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,613 | €3,895 | +€282 | +7.8% |
| Other operating charges | 640/8 | €1,515 | €1,389 | -€126 | -8.3% |
| Gross operating margin | 9900 | €51,289 | €58,389 | +€7,101 | +13.8% |
| Operating profit (loss) | 9901 | €46,161 | €53,105 | +€6,944 | +15.0% |
| Financial income | 75/76B | €855 | €581 | -€274 | -32.1% |
| Recurring financial income | 75 | €855 | €581 | -€274 | -32.1% |
| Financial charges | 65/66B | €5,699 | €3,580 | -€2,119 | -37.2% |
| Recurring financial charges | 65 | €5,699 | €3,580 | -€2,119 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €41,316 | €50,106 | +€8,789 | +21.3% |
| Income taxes | 67/77 | €10,949 | €13,082 | +€2,132 | +19.5% |
| Profit (loss) for the period | 9904 | €30,367 | €37,024 | +€6,657 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,367 | €37,024 | +€6,657 | +21.9% |
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 18 October 2026 via checked.be.