100% LIGHT: 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.
What changed
100% LIGHT
NACE 27.402, Manufacture of electrical equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,022
2024 · €1,020+€2
Equity
€1.2m
2024 · €1.2m+€1,022
Cash
€65,044
2024 · €96,803-€31,760
Balance sheet total
€5.3m
2024 · €5.4m-€137,934
Largest movements
Assets
- Stocks and contracts +€249,714
up €249,714 (+26.6%), from €937,611 to €1.2m
- Tangible fixed assets -€217,269
down €217,269 (-5.6%), from €3.9m to €3.6m
of which Land and buildings: -€168,039
- Receivables within one year -€139,645
down €139,645 (-32.4%), from €430,376 to €290,731
of which Trade receivables: -€142,750
Equity and liabilities
- Debts after one year -€79,310
down €79,310 (-2.3%), from €3.4m to €3.3m
- Trade debts -€70,004
down €70,004 (-21.8%), from €321,458 to €251,455
Income statement
- Gross operating margin +€58,389
up €58,389 (+4.3%), from €1.4m to €1.4m
- Staff costs +€16,942
up €16,942 (+1.8%), from €943,273 to €960,215
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.
Result 2024
€1,020
Gross operating margin
+€58,389
Staff costs
-€16,942
Depreciation
+€7,094
Other operating charges
-€9,181
Other operating items
-€51,504
Financial income
+€4,108
Financial charges
+€7,645
Taxes
+€392
Result 2025
€1,022
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€42,774
Investment
-€31,454
Financing
-€43,080
Cash 2024
€96,803
From operations (derived)
+€42,774
Net result for the year
+€1,022
Depreciation
+€257,798
Stocks and contracts
-€249,714
Receivables within one year
+€139,645
Deferred charges and accrued income
-€10,100
Trade debts
-€70,004
Tax, wage and social debts
-€25,150
Other debts
-€723
Investment (derived)
-€31,454
Investment in fixed assets (net)
-€40,529
Current investments
+€9,075
Financing
-€43,080
Debts after one year
-€79,310
Current portion of long-term debt
+€36,230
Cash 2025
€65,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,406,189 | €5,268,255 | -€137,934 | -2.6% |
| Fixed assets | 21/28 | €3,864,056 | €3,646,787 | -€217,269 | -5.6% |
| Tangible fixed assets | 22/27 | €3,863,256 | €3,645,987 | -€217,269 | -5.6% |
| Land and buildings | 22 | €3,701,874 | €3,533,835 | -€168,039 | -4.5% |
| Plant, machinery and equipment | 23 | €58,050 | €35,705 | -€22,345 | -38.5% |
| Furniture and vehicles | 24 | €103,332 | €76,447 | -€26,885 | -26.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €1,542,133 | €1,621,468 | +€79,335 | +5.1% |
| Stocks and contracts in progress | 3 | €937,611 | €1,187,326 | +€249,714 | +26.6% |
| Stocks | 30/36 | €937,611 | €1,187,326 | +€249,714 | +26.6% |
| Amounts receivable within one year | 40/41 | €430,376 | €290,731 | -€139,645 | -32.4% |
| Trade receivables | 40 | €430,376 | €287,626 | -€142,750 | -33.2% |
| Other amounts receivable | 41 | - | €3,105 | +€3,105 | |
| Current investments | 50/53 | €69,178 | €60,103 | -€9,075 | -13.1% |
| Cash at bank and in hand | 54/58 | €96,803 | €65,044 | -€31,760 | -32.8% |
| Deferred charges and accrued income | 490/1 | €8,165 | €18,265 | +€10,100 | +124% |
| Total equity and liabilities | 10/49 | €5,406,189 | €5,268,255 | -€137,934 | -2.6% |
| Equity | 10/15 | €1,203,409 | €1,204,431 | +€1,022 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,180,000 | €1,180,000 | = | 0.0% |
| Distributable reserves | 133 | €1,180,000 | €1,180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,409 | €4,431 | +€1,022 | +30.0% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €4,152,780 | €4,013,824 | -€138,956 | -3.3% |
| Amounts payable after more than one year | 17 | €3,381,989 | €3,302,679 | -€79,310 | -2.3% |
| Financial debts | 170/4 | €3,381,989 | €3,302,679 | -€79,310 | -2.3% |
| Amounts payable within one year | 42/48 | €770,790 | €711,144 | -€59,646 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €321,049 | €357,279 | +€36,230 | +11.3% |
| Trade debts | 44 | €321,458 | €251,455 | -€70,004 | -21.8% |
| Suppliers | 440/4 | €321,458 | €251,455 | -€70,004 | -21.8% |
| Taxes, remuneration and social security | 45 | €124,357 | €99,207 | -€25,150 | -20.2% |
| Taxes | 450/3 | €32,336 | €8,131 | -€24,205 | -74.9% |
| Remuneration and social security | 454/9 | €92,021 | €91,076 | -€945 | -1.0% |
| Other amounts payable | 47/48 | €3,926 | €3,203 | -€723 | -18.4% |
| Remuneration, social security and pensions | 62 | €943,273 | €960,215 | +€16,942 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,892 | €257,798 | -€7,094 | -2.7% |
| Other operating charges | 640/8 | €16,480 | €25,661 | +€9,181 | +55.7% |
| Non-recurring operating charges | 66A | - | €51,504 | +€51,504 | |
| Gross operating margin | 9900 | €1,358,690 | €1,417,079 | +€58,389 | +4.3% |
| Operating profit (loss) | 9901 | €134,045 | €121,901 | -€12,144 | -9.1% |
| Financial income | 75/76B | €4,506 | €8,614 | +€4,108 | +91.2% |
| Recurring financial income | 75 | €4,506 | €8,614 | +€4,108 | +91.2% |
| Financial charges | 65/66B | €127,143 | €119,498 | -€7,645 | -6.0% |
| Recurring financial charges | 65 | €127,143 | €119,498 | -€7,645 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €11,407 | €11,017 | -€391 | -3.4% |
| Income taxes | 67/77 | €10,387 | €9,995 | -€392 | -3.8% |
| Profit (loss) for the period | 9904 | €1,020 | €1,022 | +€2 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,020 | €1,022 | +€2 | +0.2% |
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 14 October 2026 via checked.be.