LUNEBEKE: 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.
LUNEBEKE
Largest movements
- Current investments -€7.5m
down €7.5m (-71.0%), from €10.5m to €3.0m
- Cash -€836,052
down €836,052 (-50.2%), from €1.7m to €828,386
mainly Contributions, distributions and other (-€10.6m) and Smaller working-capital items (-€27,105)
- Financial fixed assets -€408,000
no longer reported in 2024 (was €408,000)
- Contributions -€10.6m
down €10.6m (-97.0%), from €10.9m to €329,671
- Reserves +€1.2m
up €1.2m (+193.1%), from €642,780 to €1.9m
of which Distributable reserves: +€1.4m
- Tax, wage and social debts +€541,586
up €541,586 (+412.8%), from €131,206 to €672,792
of which Taxes: +€542,197
- Financial income +€2.7m
up €2.7m (+555.9%), from €484,433 to €3.2m
- Financial charges +€983,243
up €983,243 (+325.5%), from €302,105 to €1.3m
- Taxes +€554,264
up €554,264 (+354.4%), from €156,382 to €710,645
- Gross operating margin -€188,215
down €188,215 (-58.7%), from €320,504 to €132,289
- Staff costs -€4,306
down €4,306 (-34.4%), from €12,506 to €8,200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,475,896 | €4,665,135 | -€8.8m | -65.4% |
| Fixed assets | 21/28 | €1,117,978 | €672,096 | -€445,881 | -39.9% |
| Tangible fixed assets | 22/27 | €709,978 | €672,096 | -€37,881 | -5.3% |
| Land and buildings | 22 | €709,070 | €670,795 | -€38,275 | -5.4% |
| Plant, machinery and equipment | 23 | €234 | €803 | +€569 | +243.8% |
| Furniture and vehicles | 24 | €674 | €498 | -€176 | -26.1% |
| Financial fixed assets | 28 | €408,000 | - | -€408,000 | |
| Current assets | 29/58 | €12,357,918 | €3,993,038 | -€8.4m | -67.7% |
| Amounts receivable after more than one year | 29 | €32,486 | - | -€32,486 | |
| Trade receivables | 290 | €32,486 | - | -€32,486 | |
| Amounts receivable within one year | 40/41 | €122,557 | €119,945 | -€2,612 | -2.1% |
| Trade receivables | 40 | €42,759 | €82,249 | +€39,490 | +92.4% |
| Other amounts receivable | 41 | €79,798 | €37,696 | -€42,102 | -52.8% |
| Current investments | 50/53 | €10,496,072 | €3,041,862 | -€7.5m | -71.0% |
| Cash at bank and in hand | 54/58 | €1,664,438 | €828,386 | -€836,052 | -50.2% |
| Deferred charges and accrued income | 490/1 | €42,365 | €2,846 | -€39,519 | -93.3% |
| Total equity and liabilities | 10/49 | €13,475,896 | €4,665,135 | -€8.8m | -65.4% |
| Equity | 10/15 | €13,197,476 | €3,875,417 | -€9.3m | -70.6% |
| Contributions | 10/11 | €10,892,686 | €329,671 | -€10.6m | -97.0% |
| Capital | 10 | €10,892,686 | €329,671 | -€10.6m | -97.0% |
| Issued capital | 100 | €10,892,686 | €329,671 | -€10.6m | -97.0% |
| Reserves | 13 | €642,780 | €1,883,735 | +€1.2m | +193.1% |
| Non-distributable reserves | 130/1 | €164,783 | €32,967 | -€131,816 | -80.0% |
| Legal reserve | 130 | €164,783 | €32,967 | -€131,816 | -80.0% |
| Distributable reserves | 133 | €477,997 | €1,850,768 | +€1.4m | +287.2% |
| Profit (loss) carried forward | 14 | €1,662,011 | €1,662,011 | = | 0.0% |
| Amounts payable | 17/49 | €278,420 | €789,718 | +€511,299 | +183.6% |
| Amounts payable after more than one year | 17 | €1,863 | €1,293 | -€570 | -30.6% |
| Other amounts payable | 178/9 | €1,863 | €1,293 | -€570 | -30.6% |
| Amounts payable within one year | 42/48 | €177,673 | €692,255 | +€514,582 | +289.6% |
| Trade debts | 44 | €14,235 | €7,372 | -€6,864 | -48.2% |
| Suppliers | 440/4 | €14,235 | €7,372 | -€6,864 | -48.2% |
| Taxes, remuneration and social security | 45 | €131,206 | €672,792 | +€541,586 | +412.8% |
| Taxes | 450/3 | €130,361 | €672,559 | +€542,197 | +415.9% |
| Remuneration and social security | 454/9 | €844 | €233 | -€612 | -72.4% |
| Other amounts payable | 47/48 | €32,232 | €12,092 | -€20,140 | -62.5% |
| Accrued charges and deferred income | 492/3 | €98,884 | €96,170 | -€2,714 | -2.7% |
| Remuneration, social security and pensions | 62 | €12,506 | €8,200 | -€4,306 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,241 | €49,046 | -€4,195 | -7.9% |
| Other operating charges | 640/8 | €17,508 | €15,678 | -€1,830 | -10.5% |
| Gross operating margin | 9900 | €320,504 | €132,289 | -€188,215 | -58.7% |
| Operating profit (loss) | 9901 | €237,250 | €59,365 | -€177,885 | -75.0% |
| Financial income | 75/76B | €484,433 | €3,177,584 | +€2.7m | +555.9% |
| Recurring financial income | 75 | €484,433 | €3,177,584 | +€2.7m | +555.9% |
| Financial charges | 65/66B | €302,105 | €1,285,348 | +€983,243 | +325.5% |
| Recurring financial charges | 65 | €302,105 | €1,285,348 | +€983,243 | +325.5% |
| Profit (loss) for the period before taxes | 9903 | €419,578 | €1,951,601 | +€1.5m | +365.1% |
| Income taxes | 67/77 | €156,382 | €710,645 | +€554,264 | +354.4% |
| Profit (loss) for the period | 9904 | €263,196 | €1,240,955 | +€977,759 | +371.5% |
| Profit (loss) for the period to be appropriated | 9905 | €263,196 | €1,240,955 | +€977,759 | +371.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.