LUNES: 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.
LUNES
Largest movements
- Tangible fixed assets +€8,070
up €8,070 (+40.6%), from €19,883 to €27,953
of which Other tangible fixed assets: +€13,198
- Receivables within one year -€5,426
down €5,426 (-6.8%), from €79,760 to €74,333
of which Other amounts receivable: -€4,828
- Stocks and contracts +€1,693
up €1,693 (+9.0%), from €18,725 to €20,418
- Deferred charges and accrued income +€1,635
up €1,635 (+71.8%), from €2,276 to €3,911
- Cash -€1,410
down €1,410 (-24.9%), from €5,652 to €4,242
mainly Investment in fixed assets (net) (-€20,337) and Tax, wage and social debts (-€4,530)
- Profit (loss) carried forward +€5,364
up €5,364 (+140.4%), from €3,820 to €9,184
- Trade debts +€5,082
up €5,082 (+12.1%), from €41,854 to €46,936
- Tax, wage and social debts -€4,530
down €4,530 (-16.2%), from €28,002 to €23,472
of which Remuneration and social security: -€3,258
- Debts after one year -€1,734
no longer reported in 2025 (was €1,734)
- Gross operating margin -€17,559
down €17,559 (-11.5%), from €152,838 to €135,280
- Staff costs -€13,224
down €13,224 (-10.6%), from €124,605 to €111,381
- Depreciation +€2,001
up €2,001 (+19.5%), from €10,266 to €12,266
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 | €126,295 | €130,857 | +€4,562 | +3.6% |
| Fixed assets | 21/28 | €19,883 | €27,953 | +€8,070 | +40.6% |
| Tangible fixed assets | 22/27 | €19,883 | €27,953 | +€8,070 | +40.6% |
| Plant, machinery and equipment | 23 | €11,639 | €8,313 | -€3,326 | -28.6% |
| Furniture and vehicles | 24 | €6,630 | €4,828 | -€1,802 | -27.2% |
| Other tangible fixed assets | 26 | €1,615 | €14,812 | +€13,198 | +817.5% |
| Current assets | 29/58 | €106,412 | €102,904 | -€3,509 | -3.3% |
| Stocks and contracts in progress | 3 | €18,725 | €20,418 | +€1,693 | +9.0% |
| Stocks | 30/36 | €18,725 | €20,418 | +€1,693 | +9.0% |
| Amounts receivable within one year | 40/41 | €79,760 | €74,333 | -€5,426 | -6.8% |
| Trade receivables | 40 | €598 | - | -€598 | |
| Other amounts receivable | 41 | €79,162 | €74,333 | -€4,828 | -6.1% |
| Cash at bank and in hand | 54/58 | €5,652 | €4,242 | -€1,410 | -24.9% |
| Deferred charges and accrued income | 490/1 | €2,276 | €3,911 | +€1,635 | +71.8% |
| Total equity and liabilities | 10/49 | €126,295 | €130,857 | +€4,562 | +3.6% |
| Equity | 10/15 | €51,261 | €56,625 | +€5,364 | +10.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €40,441 | €40,441 | = | 0.0% |
| Distributable reserves | 133 | €40,441 | €40,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,820 | €9,184 | +€5,364 | +140.4% |
| Amounts payable | 17/49 | €75,034 | €74,232 | -€803 | -1.1% |
| Amounts payable after more than one year | 17 | €1,734 | - | -€1,734 | |
| Financial debts | 170/4 | €1,734 | - | -€1,734 | |
| Amounts payable within one year | 42/48 | €73,301 | €74,232 | +€931 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €3,445 | €3,461 | +€17 | +0.5% |
| Trade debts | 44 | €41,854 | €46,936 | +€5,082 | +12.1% |
| Suppliers | 440/4 | €41,854 | €46,936 | +€5,082 | +12.1% |
| Advances received on contracts in progress | 46 | - | €363 | +€363 | |
| Taxes, remuneration and social security | 45 | €28,002 | €23,472 | -€4,530 | -16.2% |
| Taxes | 450/3 | €10,565 | €9,293 | -€1,272 | -12.0% |
| Remuneration and social security | 454/9 | €17,437 | €14,179 | -€3,258 | -18.7% |
| Remuneration, social security and pensions | 62 | €124,605 | €111,381 | -€13,224 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,266 | €12,266 | +€2,001 | +19.5% |
| Other operating charges | 640/8 | €2,500 | €3,885 | +€1,384 | +55.4% |
| Non-recurring operating charges | 66A | - | €1,148 | +€1,148 | |
| Gross operating margin | 9900 | €152,838 | €135,280 | -€17,559 | -11.5% |
| Operating profit (loss) | 9901 | €15,467 | €6,599 | -€8,868 | -57.3% |
| Financial income | 75/76B | €4,664 | €3,942 | -€722 | -15.5% |
| Recurring financial income | 75 | €4,664 | €3,942 | -€722 | -15.5% |
| Financial charges | 65/66B | €4,246 | €5,177 | +€931 | +21.9% |
| Recurring financial charges | 65 | €4,246 | €5,177 | +€931 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €15,885 | €5,364 | -€10,521 | -66.2% |
| Income taxes | 67/77 | €1,444 | - | -€1,444 | |
| Profit (loss) for the period | 9904 | €14,441 | €5,364 | -€9,077 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,441 | €5,364 | -€9,077 | -62.9% |
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 6 October 2026 via checked.be.