LUNGO: 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.
LUNGO
Largest movements
- Cash -€19,912
down €19,912 (-49.6%), from €40,135 to €20,223
mainly Net result for the year (-€27,739) and Trade debts (-€7,910)
- Tangible fixed assets -€13,529
down €13,529 (-92.8%), from €14,577 to €1,048
of which Furniture and vehicles: -€8,342
- Stocks and contracts -€6,121
down €6,121 (-100.0%), from €6,121 to €0
- Deferred charges and accrued income -€1,369
down €1,369 (-60.2%), from €2,275 to €906
- Receivables within one year +€1,010
up €1,010 (+384.4%), from €263 to €1,273
of which Trade receivables: +€1,210
- Profit (loss) carried forward -€27,739
down €27,739 (-125.2%), from -€22,164 to -€49,903
- Trade debts -€7,910
down €7,910 (-89.9%), from €8,800 to €890
- Current portion of long-term debt -€4,303
down €4,303 (-74.6%), from €5,767 to €1,464
- Tax, wage and social debts +€1,523
up €1,523 (+64.2%), from €2,373 to €3,895
of which Taxes: +€1,505
- Debts after one year -€1,464
down €1,464 (-7.2%), from €20,464 to €19,000
- Gross operating margin -€36,231
down €36,231, from €19,291 to -€16,940
- Depreciation -€6,684
down €6,684 (-91.7%), from €7,289 to €605
- Staff costs -€1,811
down €1,811 (-100.0%), from €1,811 to €0
- Other operating charges +€1,386
up €1,386 (+34.1%), from €4,061 to €5,447
- Financial charges -€313
down €313 (-15.7%), from €1,995 to €1,682
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 | €65,621 | €25,700 | -€39,921 | -60.8% |
| Fixed assets | 21/28 | €16,827 | €3,298 | -€13,529 | -80.4% |
| Tangible fixed assets | 22/27 | €14,577 | €1,048 | -€13,529 | -92.8% |
| Plant, machinery and equipment | 23 | €4,976 | €1,048 | -€3,928 | -78.9% |
| Furniture and vehicles | 24 | €8,342 | €0 | -€8,342 | -100.0% |
| Other tangible fixed assets | 26 | €1,259 | €0 | -€1,259 | -100.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €48,794 | €22,402 | -€26,392 | -54.1% |
| Stocks and contracts in progress | 3 | €6,121 | €0 | -€6,121 | -100.0% |
| Stocks | 30/36 | €6,121 | €0 | -€6,121 | -100.0% |
| Amounts receivable within one year | 40/41 | €263 | €1,273 | +€1,010 | +384.4% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €263 | €63 | -€200 | -76.2% |
| Cash at bank and in hand | 54/58 | €40,135 | €20,223 | -€19,912 | -49.6% |
| Deferred charges and accrued income | 490/1 | €2,275 | €906 | -€1,369 | -60.2% |
| Total equity and liabilities | 10/49 | €65,621 | €25,700 | -€39,921 | -60.8% |
| Equity | 10/15 | €15,909 | -€11,829 | -€27,739 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,473 | €19,473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,613 | €17,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,164 | -€49,903 | -€27,739 | -125.2% |
| Amounts payable | 17/49 | €49,712 | €37,529 | -€12,182 | -24.5% |
| Amounts payable after more than one year | 17 | €20,464 | €19,000 | -€1,464 | -7.2% |
| Financial debts | 170/4 | €20,464 | €19,000 | -€1,464 | -7.2% |
| Amounts payable within one year | 42/48 | €29,247 | €18,141 | -€11,106 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €5,767 | €1,464 | -€4,303 | -74.6% |
| Trade debts | 44 | €8,800 | €890 | -€7,910 | -89.9% |
| Suppliers | 440/4 | €8,800 | €890 | -€7,910 | -89.9% |
| Taxes, remuneration and social security | 45 | €2,373 | €3,895 | +€1,523 | +64.2% |
| Taxes | 450/3 | €618 | €2,122 | +€1,505 | +243.5% |
| Remuneration and social security | 454/9 | €1,755 | €1,773 | +€18 | +1.0% |
| Other amounts payable | 47/48 | €12,308 | €11,892 | -€416 | -3.4% |
| Accrued charges and deferred income | 492/3 | - | €388 | +€388 | |
| Remuneration, social security and pensions | 62 | €1,811 | €0 | -€1,811 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,289 | €605 | -€6,684 | -91.7% |
| Other operating charges | 640/8 | €4,061 | €5,447 | +€1,386 | +34.1% |
| Non-recurring operating charges | 66A | - | €3,125 | +€3,125 | |
| Gross operating margin | 9900 | €19,291 | -€16,940 | -€36,231 | |
| Operating profit (loss) | 9901 | €6,130 | -€26,118 | -€32,248 | |
| Financial income | 75/76B | €138 | €285 | +€147 | +106.9% |
| Recurring financial income | 75 | €138 | €285 | +€147 | +106.9% |
| Financial charges | 65/66B | €1,995 | €1,682 | -€313 | -15.7% |
| Recurring financial charges | 65 | €1,995 | €1,682 | -€313 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €4,272 | -€27,515 | -€31,787 | |
| Income taxes | 67/77 | €243 | €224 | -€19 | -7.9% |
| Profit (loss) for the period | 9904 | €4,030 | -€27,739 | -€31,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,030 | -€27,739 | -€31,768 |
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.