Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LUNAFIN from Brugge, company number BE0651896814, closed financial year 2025 with a result of € 12,328 after tax. For that financial year LUNAFIN recorded a gross margin of € 103,405 and equity of € 171,871. Compared with financial year 2024, the result moved from € 9,839 to € 12,328. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.
€ 171,871
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,328
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 4,921
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 153,271.
People and assets in 2025
€ 89,175
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 719,772
▲ 4% vs 2024
€ 76,999 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,503
▲ € 6,085 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,562
▲ 98% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 101,969 | € 89,023 | € 102,501 | € 103,405 | ▲ 1% |
| Profit after taxes | € 65,251 | € 44,880 | € 9,839 | € 12,328 | ▲ 25% |
| Equity | € 106,424 | € 149,704 | € 159,543 | € 171,871 | ▲ 8% |
| Total debts | € 397,249 | € 444,966 | € 776,157 | € 848,053 | ▲ 9% |
| Cash | € 28,151 | € 3,799 | € 12,923 | € 4,921 | ▼ 62% |
| Land & buildings | € 428,517 | € 427,212 | € 767,631 | € 901,326 | ▲ 17% |
| Retained profit | € 87,824 | € 131,104 | € 140,943 | € 153,271 | ▲ 9% |
| Dividend | € 1,600 | € 1,600 | € 0 | € 0 | |
| Bank debt | € 390,604 | € 424,861 | € 689,564 | € 719,772 | ▲ 4% |
| Balance sheet total | € 503,673 | € 594,670 | € 935,700 | € 1,019,924 | ▲ 9% |
Key figures of LUNAFIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LUNAFIN?
What happened at LUNAFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,328 (▲ 25% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,251 profit in 2022 to € 12,328 profit in 2025.
Paid € 38,615 in corporate taxes since 2022.
Best year ever: 2022, with € 65,251 profit.
Paid out € 3,200 in dividends to the owners in total.
Management
Behind LUNAFIN is Tim Maene. Tim Maene is also behind SEDORS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Jeruzalemstraat 45
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.896.814
- VAT number
- BE 0651.896.814
- Registered office
- Jeruzalemstraat 45, 8000 Brugge
- Names & denominations
- LUNAFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2016
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings