Luniek: 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.
Luniek
Largest movements
- Tangible fixed assets +€74,507
new in 2025: €74,507
of which Plant, machinery and equipment: +€60,784
- Receivables within one year +€16,984
up €16,984 (+40.7%), from €41,726 to €58,710
of which Trade receivables: +€46,575
- Cash -€12,952
down €12,952 (-100%), from €12,952 to €0
mainly Investment in fixed assets (net) (-€92,582) and Receivables within one year (-€16,984)
- Financial fixed assets +€2,985
new in 2025: €2,985
- Other debts +€36,840
up €36,840 (+2,489%), from €1,480 to €38,320
- Debts after one year +€17,593
new in 2025: €17,593
- Reserves +€10,261
up €10,261 (+35.3%), from €29,096 to €39,357
- Trade debts +€10,065
up €10,065 (+123%), from €8,183 to €18,248
- Short-term financial debts +€3,823
new in 2025: €3,823
- Depreciation +€15,091
new in 2025: €15,091
- Staff costs +€7,297
new in 2025: €7,297
- Taxes -€6,934
down €6,934 (-95.3%), from €7,274 to €340
- Financial charges +€2,257
up €2,257 (+64,288%), from €4 to €2,260
- Other operating charges +€1,183
up €1,183 (+430%), from €275 to €1,457
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 | €54,678 | €136,202 | +€81,524 | +149% |
| Fixed assets | 21/28 | - | €77,492 | +€77,492 | |
| Tangible fixed assets | 22/27 | - | €74,507 | +€74,507 | |
| Land and buildings | 22 | - | €8,447 | +€8,447 | |
| Plant, machinery and equipment | 23 | - | €60,784 | +€60,784 | |
| Furniture and vehicles | 24 | - | €5,276 | +€5,276 | |
| Financial fixed assets | 28 | - | €2,985 | +€2,985 | |
| Current assets | 29/58 | €54,678 | €58,710 | +€4,032 | +7.4% |
| Amounts receivable within one year | 40/41 | €41,726 | €58,710 | +€16,984 | +40.7% |
| Trade receivables | 40 | €10,050 | €56,625 | +€46,575 | +463% |
| Other amounts receivable | 41 | €31,675 | €2,085 | -€29,591 | -93.4% |
| Cash at bank and in hand | 54/58 | €12,952 | €0 | -€12,952 | -100% |
| Total equity and liabilities | 10/49 | €54,678 | €136,202 | +€81,524 | +149% |
| Equity | 10/15 | €31,596 | €41,857 | +€10,261 | +32.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €29,096 | €39,357 | +€10,261 | +35.3% |
| Distributable reserves | 133 | €29,096 | €39,357 | +€10,261 | +35.3% |
| Amounts payable | 17/49 | €23,082 | €94,345 | +€71,263 | +309% |
| Amounts payable after more than one year | 17 | - | €17,593 | +€17,593 | |
| Financial debts | 170/4 | - | €17,593 | +€17,593 | |
| Amounts payable within one year | 42/48 | €23,082 | €76,752 | +€53,670 | +233% |
| Current portion of amounts payable after more than one year | 42 | - | €2,325 | +€2,325 | |
| Financial debts | 43 | - | €3,823 | +€3,823 | |
| Credit institutions | 430/8 | - | €3,823 | +€3,823 | |
| Trade debts | 44 | €8,183 | €18,248 | +€10,065 | +123% |
| Suppliers | 440/4 | €8,183 | €18,248 | +€10,065 | +123% |
| Advances received on contracts in progress | 46 | €74 | - | -€74 | |
| Taxes, remuneration and social security | 45 | €13,345 | €14,036 | +€691 | +5.2% |
| Taxes | 450/3 | €13,345 | €11,994 | -€1,351 | -10.1% |
| Remuneration and social security | 454/9 | - | €2,042 | +€2,042 | |
| Other amounts payable | 47/48 | €1,480 | €38,320 | +€36,840 | +2,489% |
| Remuneration, social security and pensions | 62 | - | €7,297 | +€7,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,091 | +€15,091 | |
| Other operating charges | 640/8 | €275 | €1,457 | +€1,183 | +430% |
| Gross operating margin | 9900 | €36,648 | €36,541 | -€106 | -0.3% |
| Operating profit (loss) | 9901 | €36,373 | €12,697 | -€23,676 | -65.1% |
| Financial income | 75/76B | €1 | €163 | +€163 | +28,064% |
| Recurring financial income | 75 | €1 | €163 | +€163 | +28,064% |
| Financial charges | 65/66B | €4 | €2,260 | +€2,257 | +64,288% |
| Recurring financial charges | 65 | €4 | €2,260 | +€2,257 | +64,288% |
| Profit (loss) for the period before taxes | 9903 | €36,370 | €10,600 | -€25,770 | -70.9% |
| Income taxes | 67/77 | €7,274 | €340 | -€6,934 | -95.3% |
| Profit (loss) for the period | 9904 | €29,096 | €10,261 | -€18,835 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,096 | €10,261 | -€18,835 | -64.7% |
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 21 October 2026 via checked.be.