Luno1966: 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.
Luno1966
Largest movements
- Receivables within one year -€27,574
down €27,574 (-61.6%), from €44,733 to €17,159
of which Trade receivables: -€42,311
- Deferred charges and accrued income -€9,304
down €9,304 (-32.7%), from €28,451 to €19,148
- Cash -€3,107
down €3,107 (-2.4%), from €131,981 to €128,874
mainly Trade debts (-€38,406) and Other debts (-€3,171)
- Tangible fixed assets +€2,328
up €2,328 (+181.5%), from €1,282 to €3,610
of which Plant, machinery and equipment: +€2,709
- Trade debts -€38,406
down €38,406 (-98.7%), from €38,910 to €504
- Reserves +€3,836
up €3,836 (+2.9%), from €132,455 to €136,291
- Other debts -€3,171
down €3,171 (-13.1%), from €24,163 to €20,992
- Gross operating margin -€78,179
down €78,179 (-87.8%), from €89,048 to €10,869
- Taxes -€19,473
down €19,473 (-85.6%), from €22,736 to €3,263
- Other operating charges -€1,374
down €1,374 (-74.5%), from €1,844 to €470
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 | €206,447 | €168,791 | -€37,657 | -18.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,282 | €3,610 | +€2,328 | +181.5% |
| Tangible fixed assets | 22/27 | €1,282 | €3,610 | +€2,328 | +181.5% |
| Plant, machinery and equipment | 23 | €721 | €3,430 | +€2,709 | +375.9% |
| Furniture and vehicles | 24 | €562 | €181 | -€381 | -67.9% |
| Current assets | 29/58 | €205,165 | €165,181 | -€39,985 | -19.5% |
| Amounts receivable within one year | 40/41 | €44,733 | €17,159 | -€27,574 | -61.6% |
| Trade receivables | 40 | €42,311 | - | -€42,311 | |
| Other amounts receivable | 41 | €2,421 | €17,159 | +€14,737 | +608.7% |
| Cash at bank and in hand | 54/58 | €131,981 | €128,874 | -€3,107 | -2.4% |
| Deferred charges and accrued income | 490/1 | €28,451 | €19,148 | -€9,304 | -32.7% |
| Total equity and liabilities | 10/49 | €206,447 | €168,791 | -€37,657 | -18.2% |
| Equity | 10/15 | €135,455 | €139,291 | +€3,836 | +2.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €132,455 | €136,291 | +€3,836 | +2.9% |
| Distributable reserves | 133 | €132,455 | €136,291 | +€3,836 | +2.9% |
| Amounts payable | 17/49 | €70,993 | €29,500 | -€41,493 | -58.4% |
| Amounts payable within one year | 42/48 | €70,993 | €29,500 | -€41,493 | -58.4% |
| Trade debts | 44 | €38,910 | €504 | -€38,406 | -98.7% |
| Suppliers | 440/4 | €38,910 | €504 | -€38,406 | -98.7% |
| Taxes, remuneration and social security | 45 | €7,920 | €8,004 | +€84 | +1.1% |
| Taxes | 450/3 | €7,920 | €8,004 | +€84 | +1.1% |
| Other amounts payable | 47/48 | €24,163 | €20,992 | -€3,171 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,256 | €804 | -€452 | -36.0% |
| Other operating charges | 640/8 | €1,844 | €470 | -€1,374 | -74.5% |
| Gross operating margin | 9900 | €89,048 | €10,869 | -€78,179 | -87.8% |
| Operating profit (loss) | 9901 | €85,949 | €9,596 | -€76,353 | -88.8% |
| Financial income | 75/76B | €525 | €736 | +€211 | +40.3% |
| Recurring financial income | 75 | €525 | €736 | +€211 | +40.3% |
| Financial charges | 65/66B | €2,680 | €3,232 | +€553 | +20.6% |
| Recurring financial charges | 65 | €2,680 | €3,232 | +€553 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €83,793 | €7,099 | -€76,694 | -91.5% |
| Income taxes | 67/77 | €22,736 | €3,263 | -€19,473 | -85.6% |
| Profit (loss) for the period | 9904 | €61,057 | €3,836 | -€57,221 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,057 | €3,836 | -€57,221 | -93.7% |
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 10 October 2026 via checked.be.