C-Light Projects: 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.
C-Light Projects
Largest movements
- Receivables within one year +€7,758
up €7,758 (+51.4%), from €15,091 to €22,848
of which Trade receivables: +€4,542
- Tangible fixed assets -€6,860
down €6,860 (-23.9%), from €28,688 to €21,828
of which Furniture and vehicles: -€10,907
- Cash -€685
down €685 (-44.1%), from €1,554 to €870
mainly Net result for the year (-€16,820) and Current portion of long-term debt (-€8,170)
- Profit (loss) carried forward -€16,820
down €16,820 (-21.8%), from -€77,131 to -€93,952
- Short-term financial debts +€11,178
up €11,178 (+30.5%), from €36,697 to €47,875
- Current portion of long-term debt -€8,170
down €8,170 (-81.8%), from €9,991 to €1,821
- Tax, wage and social debts +€6,004
up €6,004 (+154.8%), from €3,878 to €9,882
of which Taxes: +€5,338
- Other debts +€5,576
up €5,576 (+12.9%), from €43,346 to €48,922
- Gross operating margin +€43,130
up €43,130, from -€40,495 to €2,635
- Financial charges +€1,452
up €1,452 (+44.5%), from €3,265 to €4,716
- Depreciation +€906
up €906 (+7.0%), from €12,895 to €13,801
- Other operating charges -€460
down €460 (-36.6%), from €1,256 to €796
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 | €62,436 | €62,649 | +€213 | +0.3% |
| Fixed assets | 21/28 | €28,688 | €21,828 | -€6,860 | -23.9% |
| Tangible fixed assets | 22/27 | €28,688 | €21,828 | -€6,860 | -23.9% |
| Plant, machinery and equipment | 23 | €1,137 | €5,183 | +€4,046 | +355.9% |
| Furniture and vehicles | 24 | €27,551 | €16,645 | -€10,907 | -39.6% |
| Current assets | 29/58 | €33,748 | €40,821 | +€7,073 | +21.0% |
| Stocks and contracts in progress | 3 | €16,804 | €16,804 | = | 0.0% |
| Stocks | 30/36 | €16,804 | €16,804 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,091 | €22,848 | +€7,758 | +51.4% |
| Trade receivables | 40 | €14,391 | €18,933 | +€4,542 | +31.6% |
| Other amounts receivable | 41 | €700 | €3,916 | +€3,216 | +459.5% |
| Current investments | 50/53 | €299 | €299 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,554 | €870 | -€685 | -44.1% |
| Total equity and liabilities | 10/49 | €62,436 | €62,649 | +€213 | +0.3% |
| Equity | 10/15 | -€42,392 | -€59,212 | -€16,820 | -39.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,139 | €16,139 | = | 0.0% |
| Distributable reserves | 133 | €16,139 | €16,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,131 | -€93,952 | -€16,820 | -21.8% |
| Amounts payable | 17/49 | €104,828 | €121,862 | +€17,033 | +16.2% |
| Amounts payable after more than one year | 17 | €7,889 | €7,889 | = | 0.0% |
| Financial debts | 170/4 | €7,889 | €7,889 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,940 | €113,973 | +€17,033 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €9,991 | €1,821 | -€8,170 | -81.8% |
| Financial debts | 43 | €36,697 | €47,875 | +€11,178 | +30.5% |
| Credit institutions | 430/8 | €36,697 | €47,875 | +€11,178 | +30.5% |
| Trade debts | 44 | €3,027 | €5,473 | +€2,445 | +80.8% |
| Suppliers | 440/4 | €3,027 | €5,473 | +€2,445 | +80.8% |
| Taxes, remuneration and social security | 45 | €3,878 | €9,882 | +€6,004 | +154.8% |
| Taxes | 450/3 | €3,878 | €9,216 | +€5,338 | +137.7% |
| Remuneration and social security | 454/9 | - | €666 | +€666 | |
| Other amounts payable | 47/48 | €43,346 | €48,922 | +€5,576 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,895 | €13,801 | +€906 | +7.0% |
| Other operating charges | 640/8 | €1,256 | €796 | -€460 | -36.6% |
| Gross operating margin | 9900 | -€40,495 | €2,635 | +€43,130 | |
| Operating profit (loss) | 9901 | -€54,646 | -€11,963 | +€42,683 | +78.1% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €3,265 | €4,716 | +€1,452 | +44.5% |
| Recurring financial charges | 65 | €3,265 | €4,716 | +€1,452 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | -€57,909 | -€16,680 | +€41,229 | +71.2% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€58,049 | -€16,820 | +€41,228 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,049 | -€16,820 | +€41,228 | +71.0% |
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 12 October 2026 via checked.be.