LUNSAR: 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.
LUNSAR
Largest movements
- Cash -€5,036
down €5,036 (-29.0%), from €17,337 to €12,302
mainly Investment in fixed assets (net) (-€5,014) and Receivables within one year (-€1,971)
- Tangible fixed assets +€3,630
up €3,630 (+170%), from €2,137 to €5,767
- Receivables within one year +€1,971
up €1,971 (+61.5%), from €3,204 to €5,175
of which Trade receivables: +€2,180
- Profit (loss) carried forward +€1,490
up €1,490 (+10.6%), from €14,093 to €15,583
- Tax, wage and social debts -€1,276
down €1,276 (-62.1%), from €2,055 to €779
- Other debts +€258
up €258 (+10.2%), from €2,541 to €2,799
- Gross operating margin +€5,538
up €5,538, from -€997 to €4,541
- Taxes +€1,291
up €1,291, from -€512 to €779
- Depreciation +€898
up €898 (+185%), from €485 to €1,384
- Other operating charges +€710
new in 2025: €710
- Financial charges +€130
up €130 (+150%), from €87 to €217
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 | €22,678 | €23,244 | +€566 | +2.5% |
| Fixed assets | 21/28 | €2,137 | €5,767 | +€3,630 | +170% |
| Tangible fixed assets | 22/27 | €2,137 | €5,767 | +€3,630 | +170% |
| Furniture and vehicles | 24 | €2,137 | €5,767 | +€3,630 | +170% |
| Current assets | 29/58 | €20,541 | €17,477 | -€3,064 | -14.9% |
| Amounts receivable within one year | 40/41 | €3,204 | €5,175 | +€1,971 | +61.5% |
| Trade receivables | 40 | €2,900 | €5,080 | +€2,180 | +75.2% |
| Other amounts receivable | 41 | €304 | €95 | -€209 | -68.7% |
| Cash at bank and in hand | 54/58 | €17,337 | €12,302 | -€5,036 | -29.0% |
| Total equity and liabilities | 10/49 | €22,678 | €23,244 | +€566 | +2.5% |
| Equity | 10/15 | €16,093 | €17,583 | +€1,490 | +9.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,093 | €15,583 | +€1,490 | +10.6% |
| Amounts payable | 17/49 | €6,585 | €5,661 | -€924 | -14.0% |
| Amounts payable within one year | 42/48 | €6,585 | €5,661 | -€924 | -14.0% |
| Trade debts | 44 | €1,989 | €2,083 | +€94 | +4.8% |
| Suppliers | 440/4 | €1,989 | €2,083 | +€94 | +4.8% |
| Taxes, remuneration and social security | 45 | €2,055 | €779 | -€1,276 | -62.1% |
| Taxes | 450/3 | €2,055 | €779 | -€1,276 | -62.1% |
| Other amounts payable | 47/48 | €2,541 | €2,799 | +€258 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €1,384 | +€898 | +185% |
| Other operating charges | 640/8 | - | €710 | +€710 | |
| Gross operating margin | 9900 | -€997 | €4,541 | +€5,538 | |
| Operating profit (loss) | 9901 | -€1,483 | €2,447 | +€3,930 | |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €87 | €217 | +€130 | +150% |
| Recurring financial charges | 65 | €87 | €217 | +€130 | +150% |
| Profit (loss) for the period before taxes | 9903 | -€1,569 | €2,268 | +€3,838 | |
| Income taxes | 67/77 | -€512 | €779 | +€1,291 | |
| Profit (loss) for the period | 9904 | -€1,057 | €1,490 | +€2,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,057 | €1,490 | +€2,547 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.