Lungoo: 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.
Lungoo
Largest movements
- Intangible fixed assets -€54,436
down €54,436 (-33.6%), from €162,206 to €107,770
- Receivables within one year -€7,992
down €7,992 (-13.4%), from €59,736 to €51,744
of which Other amounts receivable: -€7,643
- Tangible fixed assets -€5,158
down €5,158 (-72.3%), from €7,133 to €1,975
of which Furniture and vehicles: -€4,061
- Cash -€4,374
down €4,374 (-16.2%), from €26,942 to €22,568
mainly Net result for the year (-€107,878) and Current portion of long-term debt (-€60,000)
- Financial fixed assets -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward -€107,877
down €107,877 (-51.8%), from -€208,185 to -€316,062
- Debts after one year +€60,000
up €60,000 (+47.1%), from €127,500 to €187,500
- Current portion of long-term debt -€60,000
down €60,000 (-100%), from €60,000 to €0
- Trade debts +€20,502
up €20,502 (+36.3%), from €56,461 to €76,963
- Tax, wage and social debts +€11,530
up €11,530 (+118%), from €9,756 to €21,286
of which Remuneration and social security: +€21,286
- Gross operating margin -€253,416
down €253,416 (-63.0%), from €402,014 to €148,598
- Staff costs -€94,912
down €94,912 (-39.8%), from €238,310 to €143,398
- Write-downs -€50,429
no longer reported in 2025 (was €50,429)
- Financial charges +€44,992
up €44,992 (+602%), from €7,476 to €52,468
of which Non-recurring financial charges: +€42,547
- Depreciation +€36,171
up €36,171 (+150%), from €24,100 to €60,271
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 | €264,069 | €189,637 | -€74,432 | -28.2% |
| Formation expenses | 20 | €1,033 | €1,874 | +€841 | +81.4% |
| Fixed assets | 21/28 | €172,339 | €109,745 | -€62,594 | -36.3% |
| Intangible fixed assets | 21 | €162,206 | €107,770 | -€54,436 | -33.6% |
| Tangible fixed assets | 22/27 | €7,133 | €1,975 | -€5,158 | -72.3% |
| Plant, machinery and equipment | 23 | €2,016 | €919 | -€1,097 | -54.4% |
| Furniture and vehicles | 24 | €5,117 | €1,056 | -€4,061 | -79.4% |
| Financial fixed assets | 28 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €90,697 | €78,018 | -€12,679 | -14.0% |
| Stocks and contracts in progress | 3 | €4,019 | €3,706 | -€313 | -7.8% |
| Stocks | 30/36 | €4,019 | €3,706 | -€313 | -7.8% |
| Amounts receivable within one year | 40/41 | €59,736 | €51,744 | -€7,992 | -13.4% |
| Trade receivables | 40 | €52,093 | €51,744 | -€349 | -0.7% |
| Other amounts receivable | 41 | €7,643 | - | -€7,643 | |
| Cash at bank and in hand | 54/58 | €26,942 | €22,568 | -€4,374 | -16.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €264,069 | €189,637 | -€74,432 | -28.2% |
| Equity | 10/15 | €4,236 | -€103,641 | -€107,877 | |
| Contributions | 10/11 | €212,421 | €212,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,185 | -€316,062 | -€107,877 | -51.8% |
| Amounts payable | 17/49 | €259,833 | €293,278 | +€33,445 | +12.9% |
| Amounts payable after more than one year | 17 | €127,500 | €187,500 | +€60,000 | +47.1% |
| Financial debts | 170/4 | €127,500 | €187,500 | +€60,000 | +47.1% |
| Amounts payable within one year | 42/48 | €132,333 | €105,778 | -€26,555 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €0 | -€60,000 | -100% |
| Financial debts | 43 | €6,116 | €7,529 | +€1,413 | +23.1% |
| Credit institutions | 430/8 | €6,116 | €7,529 | +€1,413 | +23.1% |
| Trade debts | 44 | €56,461 | €76,963 | +€20,502 | +36.3% |
| Suppliers | 440/4 | €56,461 | €76,963 | +€20,502 | +36.3% |
| Taxes, remuneration and social security | 45 | €9,756 | €21,286 | +€11,530 | +118% |
| Taxes | 450/3 | €9,756 | €0 | -€9,756 | -100% |
| Remuneration and social security | 454/9 | - | €21,286 | +€21,286 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €238,310 | €143,398 | -€94,912 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,100 | €60,271 | +€36,171 | +150% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €50,429 | - | -€50,429 | |
| Other operating charges | 640/8 | €477 | €236 | -€241 | -50.5% |
| Non-recurring operating charges | 66A | €5,911 | €103 | -€5,808 | -98.3% |
| Gross operating margin | 9900 | €402,014 | €148,598 | -€253,416 | -63.0% |
| Operating profit (loss) | 9901 | €82,787 | -€55,410 | -€138,197 | |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Non-recurring financial income | 76B | €15 | - | -€15 | |
| Financial charges | 65/66B | €7,476 | €52,468 | +€44,992 | +602% |
| Recurring financial charges | 65 | €7,155 | €9,600 | +€2,445 | +34.2% |
| Non-recurring financial charges | 66B | €321 | €42,868 | +€42,547 | +13,255% |
| Profit (loss) for the period before taxes | 9903 | €75,326 | -€107,878 | -€183,204 | |
| Income taxes | 67/77 | €639 | - | -€639 | |
| Profit (loss) for the period | 9904 | €74,687 | -€107,878 | -€182,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,687 | -€107,878 | -€182,565 |
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 23 October 2026 via checked.be.