LUNS: 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.
LUNS
Largest movements
- Receivables within one year +€19,228
up €19,228 (+61.0%), from €31,508 to €50,736
of which Other amounts receivable: +€13,232
- Debts after one year -€21,947
down €21,947 (-11.3%), from €195,000 to €173,053
- Other debts +€19,167
up €19,167 (+34.4%), from €55,755 to €74,922
- Reserves +€18,770
new in 2025: €18,770
- Accrued charges and deferred income +€11,973
up €11,973 (+193%), from €6,199 to €18,172
- Trade debts -€10,519
down €10,519 (-44.9%), from €23,410 to €12,891
- Gross operating margin +€6,554
up €6,554 (+25.8%), from €25,421 to €31,975
- Other operating charges +€3,683
up €3,683 (+210%), from €1,750 to €5,434
- Depreciation -€2,000
down €2,000 (-50.0%), from €4,000 to €2,000
- Financial charges +€833
up €833 (+8.7%), from €9,548 to €10,381
- Taxes +€547
up €547 (+15.0%), from €3,651 to €4,198
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 | €318,066 | €335,136 | +€17,070 | +5.4% |
| Fixed assets | 21/28 | €286,087 | €284,087 | -€2,000 | -0.7% |
| Intangible fixed assets | 21 | €2,000 | €0 | -€2,000 | -100% |
| Financial fixed assets | 28 | €284,087 | €284,087 | = | 0.0% |
| Current assets | 29/58 | €31,979 | €51,049 | +€19,070 | +59.6% |
| Amounts receivable within one year | 40/41 | €31,508 | €50,736 | +€19,228 | +61.0% |
| Trade receivables | 40 | €25,605 | €31,602 | +€5,996 | +23.4% |
| Other amounts receivable | 41 | €5,902 | €19,134 | +€13,232 | +224% |
| Cash at bank and in hand | 54/58 | €472 | €313 | -€158 | -33.6% |
| Total equity and liabilities | 10/49 | €318,066 | €335,136 | +€17,070 | +5.4% |
| Equity | 10/15 | €27,408 | €37,370 | +€9,962 | +36.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €18,770 | +€18,770 | |
| Distributable reserves | 133 | - | €18,770 | +€18,770 | |
| Profit (loss) carried forward | 14 | €8,808 | €0 | -€8,808 | -100% |
| Amounts payable | 17/49 | €290,658 | €297,765 | +€7,107 | +2.4% |
| Amounts payable after more than one year | 17 | €195,000 | €173,053 | -€21,947 | -11.3% |
| Financial debts | 170/4 | €195,000 | €173,053 | -€21,947 | -11.3% |
| Amounts payable within one year | 42/48 | €89,459 | €106,540 | +€17,081 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €1,297 | €11,393 | +€10,096 | +778% |
| Financial debts | 43 | €0 | €645 | +€645 | |
| Credit institutions | 430/8 | €0 | €645 | +€645 | |
| Trade debts | 44 | €23,410 | €12,891 | -€10,519 | -44.9% |
| Suppliers | 440/4 | €23,410 | €12,891 | -€10,519 | -44.9% |
| Taxes, remuneration and social security | 45 | €8,996 | €6,689 | -€2,307 | -25.6% |
| Taxes | 450/3 | €8,996 | €6,689 | -€2,307 | -25.6% |
| Other amounts payable | 47/48 | €55,755 | €74,922 | +€19,167 | +34.4% |
| Accrued charges and deferred income | 492/3 | €6,199 | €18,172 | +€11,973 | +193% |
| Non-recurring operating income | 76A | €6 | €0 | -€6 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other operating charges | 640/8 | €1,750 | €5,434 | +€3,683 | +210% |
| Gross operating margin | 9900 | €25,421 | €31,975 | +€6,554 | +25.8% |
| Operating profit (loss) | 9901 | €19,671 | €24,542 | +€4,871 | +24.8% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €9,548 | €10,381 | +€833 | +8.7% |
| Recurring financial charges | 65 | €9,548 | €10,381 | +€833 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €10,122 | €14,160 | +€4,038 | +39.9% |
| Income taxes | 67/77 | €3,651 | €4,198 | +€547 | +15.0% |
| Profit (loss) for the period | 9904 | €6,471 | €9,962 | +€3,491 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,471 | €9,962 | +€3,491 | +53.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.