BLP LIGHTING VISION: 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.
BLP LIGHTING VISION
Largest movements
- Stocks and contracts -€29,000
down €29,000 (-39.4%), from €73,600 to €44,600
of which Contracts in progress: -€20,000
- Tangible fixed assets -€13,131
down €13,131 (-16.8%), from €78,073 to €64,942
of which Plant, machinery and equipment: -€7,998
- Receivables within one year -€6,392
down €6,392 (-21.2%), from €30,187 to €23,795
of which Other amounts receivable: -€5,025
- Cash +€2,261
up €2,261 (+228%), from €992 to €3,253
mainly Stocks and contracts (+€29,000) and Depreciation (+€14,767)
- Other debts -€47,419
down €47,419 (-28.4%), from €167,253 to €119,834
- Profit (loss) carried forward +€3,295
no longer reported in 2025 (was -€3,295)
- Reserves -€2,946
down €2,946 (-38.6%), from €7,624 to €4,678
of which Tax-exempt reserves: -€7,500
- Gross operating margin +€28,946
up €28,946, from -€10,690 to €18,255
- Depreciation +€14,767
new in 2025: €14,767
- Financial charges +€1,045
up €1,045 (+59.6%), from €1,754 to €2,800
- Other operating charges +€952
up €952 (+567%), from €168 to €1,120
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 | €182,988 | €136,725 | -€46,263 | -25.3% |
| Fixed assets | 21/28 | €78,208 | €65,077 | -€13,131 | -16.8% |
| Tangible fixed assets | 22/27 | €78,073 | €64,942 | -€13,131 | -16.8% |
| Plant, machinery and equipment | 23 | €34,612 | €26,615 | -€7,998 | -23.1% |
| Furniture and vehicles | 24 | €43,461 | €38,327 | -€5,133 | -11.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €104,779 | €71,648 | -€33,132 | -31.6% |
| Stocks and contracts in progress | 3 | €73,600 | €44,600 | -€29,000 | -39.4% |
| Stocks | 30/36 | €33,600 | €24,600 | -€9,000 | -26.8% |
| Contracts in progress | 37 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €30,187 | €23,795 | -€6,392 | -21.2% |
| Trade receivables | 40 | €21,335 | €19,967 | -€1,368 | -6.4% |
| Other amounts receivable | 41 | €8,852 | €3,827 | -€5,025 | -56.8% |
| Cash at bank and in hand | 54/58 | €992 | €3,253 | +€2,261 | +228% |
| Total equity and liabilities | 10/49 | €182,988 | €136,725 | -€46,263 | -25.3% |
| Equity | 10/15 | €10,527 | €10,876 | +€349 | +3.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €7,624 | €4,678 | -€2,946 | -38.6% |
| Non-distributable reserves | 130/1 | €124 | €1,859 | +€1,735 | +1,400% |
| Reserves not available under the articles | 1311 | €124 | €1,859 | +€1,735 | +1,400% |
| Tax-exempt reserves | 132 | €7,500 | - | -€7,500 | |
| Distributable reserves | 133 | - | €2,819 | +€2,819 | |
| Profit (loss) carried forward | 14 | -€3,295 | - | +€3,295 | |
| Amounts payable | 17/49 | €172,461 | €125,849 | -€46,612 | -27.0% |
| Amounts payable within one year | 42/48 | €172,461 | €125,849 | -€46,612 | -27.0% |
| Trade debts | 44 | €5,208 | €6,015 | +€807 | +15.5% |
| Suppliers | 440/4 | €5,208 | €6,015 | +€807 | +15.5% |
| Other amounts payable | 47/48 | €167,253 | €119,834 | -€47,419 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,767 | +€14,767 | |
| Other operating charges | 640/8 | €168 | €1,120 | +€952 | +567% |
| Gross operating margin | 9900 | -€10,690 | €18,255 | +€28,946 | |
| Operating profit (loss) | 9901 | -€10,858 | €2,368 | +€13,226 | |
| Financial income | 75/76B | €917 | €780 | -€136 | -14.9% |
| Recurring financial income | 75 | €917 | €780 | -€136 | -14.9% |
| Financial charges | 65/66B | €1,754 | €2,800 | +€1,045 | +59.6% |
| Recurring financial charges | 65 | €1,754 | €2,800 | +€1,045 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,696 | €349 | +€12,045 | |
| Profit (loss) for the period | 9904 | -€11,696 | €349 | +€12,045 | |
| Transfer from tax-exempt reserves | 789 | - | €7,500 | +€7,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,696 | €7,849 | +€19,545 |
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 24 October 2026 via checked.be.