LUNGAREZE: 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.
LUNGAREZE
Largest movements
- Cash -€8,034
down €8,034 (-88.2%), from €9,107 to €1,073
mainly Net result for the year (-€11,087) and Tax, wage and social debts (-€6,860)
- Tangible fixed assets -€6,295
down €6,295 (-62.9%), from €10,006 to €3,712
- Deferred charges and accrued income -€2,136
no longer reported in 2022 (was €2,136)
- Receivables within one year -€1,972
down €1,972 (-14.1%), from €14,033 to €12,061
of which Other amounts receivable: -€2,052
- Profit (loss) carried forward -€11,087
down €11,087, from €81 to -€11,006
- Tax, wage and social debts -€6,860
down €6,860 (-59.3%), from €11,567 to €4,708
of which Remuneration and social security: -€3,600
- Gross operating margin -€26,823
down €26,823, from €21,813 to -€5,009
- Taxes -€3,939
no longer reported in 2022 (was €3,939)
- Depreciation -€2,235
down €2,235 (-34.2%), from €6,532 to €4,297
- Other operating charges +€825
up €825 (+141%), from €587 to €1,412
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,283 | €16,845 | -€18,438 | -52.3% |
| Fixed assets | 21/28 | €10,006 | €3,712 | -€6,295 | -62.9% |
| Tangible fixed assets | 22/27 | €10,006 | €3,712 | -€6,295 | -62.9% |
| Furniture and vehicles | 24 | €10,006 | €3,712 | -€6,295 | -62.9% |
| Current assets | 29/58 | €25,276 | €13,133 | -€12,143 | -48.0% |
| Amounts receivable within one year | 40/41 | €14,033 | €12,061 | -€1,972 | -14.1% |
| Trade receivables | 40 | €2,265 | €2,344 | +€79 | +3.5% |
| Other amounts receivable | 41 | €11,768 | €9,716 | -€2,052 | -17.4% |
| Cash at bank and in hand | 54/58 | €9,107 | €1,073 | -€8,034 | -88.2% |
| Deferred charges and accrued income | 490/1 | €2,136 | - | -€2,136 | |
| Total equity and liabilities | 10/49 | €35,283 | €16,845 | -€18,438 | -52.3% |
| Equity | 10/15 | €22,281 | €11,194 | -€11,087 | -49.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,200 | €19,200 | = | 0.0% |
| Distributable reserves | 133 | €19,200 | €19,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81 | -€11,006 | -€11,087 | |
| Amounts payable | 17/49 | €13,002 | €5,651 | -€7,351 | -56.5% |
| Amounts payable within one year | 42/48 | €12,654 | €5,651 | -€7,003 | -55.3% |
| Trade debts | 44 | €1,057 | €944 | -€113 | -10.7% |
| Suppliers | 440/4 | €1,057 | €944 | -€113 | -10.7% |
| Taxes, remuneration and social security | 45 | €11,567 | €4,708 | -€6,860 | -59.3% |
| Taxes | 450/3 | €7,967 | €4,708 | -€3,260 | -40.9% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €30 | - | -€30 | |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Non-recurring operating income | 76A | - | €54 | +€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,532 | €4,297 | -€2,235 | -34.2% |
| Other operating charges | 640/8 | €587 | €1,412 | +€825 | +141% |
| Gross operating margin | 9900 | €21,813 | -€5,009 | -€26,823 | |
| Operating profit (loss) | 9901 | €14,694 | -€10,719 | -€25,413 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +5,075% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +5,075% |
| Financial charges | 65/66B | €325 | €370 | +€45 | +14.0% |
| Recurring financial charges | 65 | €325 | €370 | +€45 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €14,369 | -€11,087 | -€25,456 | |
| Income taxes | 67/77 | €3,939 | - | -€3,939 | |
| Profit (loss) for the period | 9904 | €10,431 | -€11,087 | -€21,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,431 | -€11,087 | -€21,518 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.