Luno Bet: 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.
Luno Bet
Largest movements
- Receivables within one year +€48,904
up €48,904 (+2,992%), from €1,634 to €50,539
of which Trade receivables: +€48,655
- Cash +€11,709
up €11,709 (+151%), from €7,770 to €19,479
mainly Net result for the year (+€44,936) and Other debts (+€22,052)
- Tangible fixed assets -€1,998
down €1,998 (-20.5%), from €9,764 to €7,766
of which Furniture and vehicles: -€1,538
- Profit (loss) carried forward +€44,936
up €44,936, from -€33,725 to €11,211
- Other debts +€22,052
up €22,052 (+72.4%), from €30,448 to €52,500
- Trade debts -€11,080
down €11,080 (-99.0%), from €11,196 to €116
- Tax, wage and social debts +€2,823
new in 2025: €2,823
- Gross operating margin +€79,696
up €79,696, from -€29,582 to €50,114
- Taxes +€2,823
new in 2025: €2,823
- Depreciation -€1,305
down €1,305 (-39.5%), from €3,303 to €1,998
- Financial charges -€522
down €522 (-62.1%), from €840 to €318
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 | €22,918 | €81,649 | +€58,731 | +256% |
| Fixed assets | 21/28 | €13,514 | €11,516 | -€1,998 | -14.8% |
| Tangible fixed assets | 22/27 | €9,764 | €7,766 | -€1,998 | -20.5% |
| Furniture and vehicles | 24 | €5,666 | €4,127 | -€1,538 | -27.2% |
| Other tangible fixed assets | 26 | €4,098 | €3,639 | -€460 | -11.2% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €9,404 | €70,134 | +€60,729 | +646% |
| Amounts receivable within one year | 40/41 | €1,634 | €50,539 | +€48,904 | +2,992% |
| Trade receivables | 40 | €1,345 | €50,000 | +€48,655 | +3,617% |
| Other amounts receivable | 41 | €289 | €539 | +€249 | +86.2% |
| Cash at bank and in hand | 54/58 | €7,770 | €19,479 | +€11,709 | +151% |
| Deferred charges and accrued income | 490/1 | - | €116 | +€116 | |
| Total equity and liabilities | 10/49 | €22,918 | €81,649 | +€58,731 | +256% |
| Equity | 10/15 | -€18,725 | €26,211 | +€44,936 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,725 | €11,211 | +€44,936 | |
| Amounts payable | 17/49 | €41,644 | €55,438 | +€13,795 | +33.1% |
| Amounts payable within one year | 42/48 | €41,644 | €55,438 | +€13,795 | +33.1% |
| Trade debts | 44 | €11,196 | €116 | -€11,080 | -99.0% |
| Suppliers | 440/4 | €11,196 | €116 | -€11,080 | -99.0% |
| Taxes, remuneration and social security | 45 | - | €2,823 | +€2,823 | |
| Taxes | 450/3 | - | €2,823 | +€2,823 | |
| Other amounts payable | 47/48 | €30,448 | €52,500 | +€22,052 | +72.4% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,303 | €1,998 | -€1,305 | -39.5% |
| Other operating charges | 640/8 | - | €39 | +€39 | |
| Gross operating margin | 9900 | -€29,582 | €50,114 | +€79,696 | |
| Operating profit (loss) | 9901 | -€32,885 | €48,077 | +€80,963 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -88.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -88.9% |
| Financial charges | 65/66B | €840 | €318 | -€522 | -62.1% |
| Recurring financial charges | 65 | €840 | €318 | -€522 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,725 | €47,759 | +€81,484 | |
| Income taxes | 67/77 | - | €2,823 | +€2,823 | |
| Profit (loss) for the period | 9904 | -€33,725 | €44,936 | +€78,662 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,725 | €44,936 | +€78,662 |
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 29 October 2026 via checked.be.