De Lichttoren: 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.
De Lichttoren
Largest movements
- Receivables within one year +€837,958
up €837,958 (+391%), from €214,451 to €1.1m
- Stocks and contracts -€106,968
down €106,968 (-32.3%), from €330,776 to €223,808
- Cash +€39,321
up €39,321 (+119%), from €33,131 to €72,452
mainly Other debts (+€654,124) and Net result for the year (+€427,884)
- Deferred charges and accrued income +€14,647
up €14,647 (+866%), from €1,691 to €16,338
- Other debts +€654,124
new in 2025: €654,124
- Current portion of long-term debt -€625,000
no longer reported in 2025 (was €625,000)
- Reserves +€369,627
new in 2025: €369,627
- Short-term financial debts +€300,000
new in 2025: €300,000
- Profit (loss) carried forward +€58,257
no longer reported in 2025 (was -€58,257)
- Gross operating margin +€604,948
up €604,948, from -€2,768 to €602,179
- Taxes +€172,550
new in 2025: €172,550
- Financial income +€14,636
up €14,636 (+1,005%), from €1,457 to €16,093
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 | €580,049 | €1,365,006 | +€784,957 | +135% |
| Current assets | 29/58 | €580,049 | €1,365,006 | +€784,957 | +135% |
| Stocks and contracts in progress | 3 | €330,776 | €223,808 | -€106,968 | -32.3% |
| Contracts in progress | 37 | €330,776 | €223,808 | -€106,968 | -32.3% |
| Amounts receivable within one year | 40/41 | €214,451 | €1,052,408 | +€837,958 | +391% |
| Other amounts receivable | 41 | €214,451 | €1,052,408 | +€837,958 | +391% |
| Cash at bank and in hand | 54/58 | €33,131 | €72,452 | +€39,321 | +119% |
| Deferred charges and accrued income | 490/1 | €1,691 | €16,338 | +€14,647 | +866% |
| Total equity and liabilities | 10/49 | €580,049 | €1,365,006 | +€784,957 | +135% |
| Equity | 10/15 | -€55,257 | €372,627 | +€427,884 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €369,627 | +€369,627 | |
| Distributable reserves | 133 | - | €369,627 | +€369,627 | |
| Profit (loss) carried forward | 14 | -€58,257 | - | +€58,257 | |
| Amounts payable | 17/49 | €635,306 | €992,379 | +€357,073 | +56.2% |
| Amounts payable within one year | 42/48 | €627,231 | €991,855 | +€364,625 | +58.1% |
| Current portion of amounts payable after more than one year | 42 | €625,000 | - | -€625,000 | |
| Financial debts | 43 | - | €300,000 | +€300,000 | |
| Credit institutions | 430/8 | - | €300,000 | +€300,000 | |
| Trade debts | 44 | €2,231 | €181 | -€2,049 | -91.9% |
| Suppliers | 440/4 | €2,231 | €181 | -€2,049 | -91.9% |
| Taxes, remuneration and social security | 45 | - | €37,550 | +€37,550 | |
| Taxes | 450/3 | - | €37,550 | +€37,550 | |
| Other amounts payable | 47/48 | - | €654,124 | +€654,124 | |
| Accrued charges and deferred income | 492/3 | €8,075 | €524 | -€7,551 | -93.5% |
| Other operating charges | 640/8 | €535 | €615 | +€80 | +14.9% |
| Gross operating margin | 9900 | -€2,768 | €602,179 | +€604,948 | |
| Operating profit (loss) | 9901 | -€3,303 | €601,564 | +€604,868 | |
| Financial income | 75/76B | €1,457 | €16,093 | +€14,636 | +1,005% |
| Recurring financial income | 75 | €1,457 | €16,093 | +€14,636 | +1,005% |
| Financial charges | 65/66B | €18,291 | €17,223 | -€1,068 | -5.8% |
| Recurring financial charges | 65 | €18,291 | €17,223 | -€1,068 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,137 | €600,434 | +€620,571 | |
| Income taxes | 67/77 | - | €172,550 | +€172,550 | |
| Profit (loss) for the period | 9904 | -€20,137 | €427,884 | +€448,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,137 | €427,884 | +€448,021 |
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 15 October 2026 via checked.be.