BELIGHT: what changed
Two fiscal 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.
BELIGHT
Largest movements
- Tangible fixed assets -€28,126
down €28,126 (-24.7%), from €113,979 to €85,853
of which Furniture and vehicles: -€26,096
- Cash +€27,456
up €27,456 (+8.9%), from €310,167 to €337,623
mainly Depreciation (+€28,126) and Other debts (+€8,052)
- Debts after one year -€9,959
down €9,959 (-60.3%), from €16,524 to €6,565
- Other debts +€8,052
up €8,052 (+36.7%), from €21,969 to €30,021
- Gross operating margin +€14,182
up €14,182 (+75.8%), from €18,711 to €32,893
- Depreciation +€5,779
up €5,779 (+25.9%), from €22,347 to €28,126
- Other operating charges +€330
up €330 (+13.8%), from €2,389 to €2,719
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 | €448,489 | €445,158 | -€3,332 | -0.7% |
| Fixed assets | 21/28 | €113,980 | €85,854 | -€28,126 | -24.7% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €113,979 | €85,853 | -€28,126 | -24.7% |
| Land and buildings | 22 | €18,447 | €16,417 | -€2,030 | -11.0% |
| Furniture and vehicles | 24 | €95,532 | €69,436 | -€26,096 | -27.3% |
| Current assets | 29/58 | €334,509 | €359,304 | +€24,795 | +7.4% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,342 | €19,681 | -€2,662 | -11.9% |
| Trade receivables | 40 | €13,686 | €12,251 | -€1,434 | -10.5% |
| Other amounts receivable | 41 | €8,657 | €7,429 | -€1,227 | -14.2% |
| Cash at bank and in hand | 54/58 | €310,167 | €337,623 | +€27,456 | +8.9% |
| Total equity and liabilities | 10/49 | €448,489 | €445,158 | -€3,332 | -0.7% |
| Equity | 10/15 | €355,079 | €353,126 | -€1,952 | -0.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €146,273 | €146,273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €146,273 | €146,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,306 | €194,353 | -€1,952 | -1.0% |
| Amounts payable | 17/49 | €93,411 | €92,032 | -€1,379 | -1.5% |
| Amounts payable after more than one year | 17 | €16,524 | €6,565 | -€9,959 | -60.3% |
| Financial debts | 170/4 | €16,524 | €6,565 | -€9,959 | -60.3% |
| Amounts payable within one year | 42/48 | €75,323 | €83,675 | +€8,352 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €12,517 | €11,227 | -€1,290 | -10.3% |
| Trade debts | 44 | €38,316 | €39,907 | +€1,591 | +4.2% |
| Suppliers | 440/4 | €38,316 | €39,907 | +€1,591 | +4.2% |
| Taxes, remuneration and social security | 45 | €2,520 | €2,520 | = | 0.0% |
| Taxes | 450/3 | €2,520 | €2,520 | = | 0.0% |
| Other amounts payable | 47/48 | €21,969 | €30,021 | +€8,052 | +36.7% |
| Accrued charges and deferred income | 492/3 | €1,564 | €1,791 | +€228 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,347 | €28,126 | +€5,779 | +25.9% |
| Other operating charges | 640/8 | €2,389 | €2,719 | +€330 | +13.8% |
| Gross operating margin | 9900 | €18,711 | €32,893 | +€14,182 | +75.8% |
| Operating profit (loss) | 9901 | -€6,025 | €2,047 | +€8,072 | |
| Financial income | 75/76B | €147 | €158 | +€11 | +7.2% |
| Recurring financial income | 75 | €147 | €158 | +€11 | +7.2% |
| Financial charges | 65/66B | €4,076 | €3,926 | -€150 | -3.7% |
| Recurring financial charges | 65 | €4,076 | €3,926 | -€150 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,953 | -€1,721 | +€8,233 | +82.7% |
| Income taxes | 67/77 | €309 | €231 | -€78 | -25.2% |
| Profit (loss) for the period | 9904 | -€10,263 | -€1,952 | +€8,310 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,263 | -€1,952 | +€8,310 | +81.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.