DG LIGHTING: 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.
DG LIGHTING
Largest movements
- Receivables within one year -€203,297
down €203,297 (-83.0%), from €244,823 to €41,526
of which Trade receivables: -€171,886
- Tangible fixed assets -€31,681
down €31,681 (-43.5%), from €72,883 to €41,202
of which Leasing and similar rights: -€31,370
- Stocks and contracts +€11,339
up €11,339 (+20.5%), from €55,265 to €66,604
- Cash +€5,375
up €5,375 (+7100.1%), from €76 to €5,451
mainly Receivables within one year (+€203,297) and Investment in fixed assets (net) (+€18,480)
- Trade debts -€127,296
down €127,296 (-90.1%), from €141,350 to €14,055
- Tax, wage and social debts -€82,402
down €82,402 (-80.0%), from €103,006 to €20,605
of which Remuneration and social security: -€46,259
- Debts after one year -€16,235
down €16,235 (-28.6%), from €56,754 to €40,519
- Profit (loss) carried forward +€4,572
up €4,572 (+16.6%), from €27,502 to €32,074
- Purchases and services -€490,952
down €490,952 (-61.3%), from €800,559 to €309,608
- Staff costs -€86,517
down €86,517 (-54.8%), from €157,881 to €71,364
- Gross operating margin -€79,617
down €79,617 (-41.9%), from €189,814 to €110,197
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 | €384,640 | €163,706 | -€220,934 | -57.4% |
| Fixed assets | 21/28 | €79,097 | €47,427 | -€31,670 | -40.0% |
| Tangible fixed assets | 22/27 | €72,883 | €41,202 | -€31,681 | -43.5% |
| Furniture and vehicles | 24 | €62 | - | -€62 | |
| Leasing and similar rights | 25 | €71,980 | €40,610 | -€31,370 | -43.6% |
| Other tangible fixed assets | 26 | €840 | €592 | -€249 | -29.6% |
| Financial fixed assets | 28 | €6,214 | €6,225 | +€10 | +0.2% |
| Current assets | 29/58 | €305,543 | €116,279 | -€189,264 | -61.9% |
| Stocks and contracts in progress | 3 | €55,265 | €66,604 | +€11,339 | +20.5% |
| Stocks | 30/36 | €55,265 | €66,604 | +€11,339 | +20.5% |
| Amounts receivable within one year | 40/41 | €244,823 | €41,526 | -€203,297 | -83.0% |
| Trade receivables | 40 | €202,663 | €30,776 | -€171,886 | -84.8% |
| Other amounts receivable | 41 | €42,160 | €10,749 | -€31,411 | -74.5% |
| Cash at bank and in hand | 54/58 | €76 | €5,451 | +€5,375 | +7100.1% |
| Deferred charges and accrued income | 490/1 | €5,380 | €2,699 | -€2,681 | -49.8% |
| Total equity and liabilities | 10/49 | €384,640 | €163,706 | -€220,934 | -57.4% |
| Equity | 10/15 | €42,721 | €47,293 | +€4,572 | +10.7% |
| Reserves | 13 | €15,219 | €15,219 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,359 | €13,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,502 | €32,074 | +€4,572 | +16.6% |
| Amounts payable | 17/49 | €341,919 | €116,413 | -€225,506 | -66.0% |
| Amounts payable after more than one year | 17 | €56,754 | €40,519 | -€16,235 | -28.6% |
| Financial debts | 170/4 | €56,754 | €40,519 | -€16,235 | -28.6% |
| Amounts payable within one year | 42/48 | €285,166 | €75,894 | -€209,272 | -73.4% |
| Current portion of amounts payable after more than one year | 42 | €16,349 | €16,235 | -€114 | -0.7% |
| Financial debts | 43 | €24,460 | €25,000 | +€540 | +2.2% |
| Credit institutions | 430/8 | €24,460 | €25,000 | +€540 | +2.2% |
| Trade debts | 44 | €141,350 | €14,055 | -€127,296 | -90.1% |
| Suppliers | 440/4 | €141,350 | €14,055 | -€127,296 | -90.1% |
| Taxes, remuneration and social security | 45 | €103,006 | €20,605 | -€82,402 | -80.0% |
| Taxes | 450/3 | €50,557 | €14,415 | -€36,143 | -71.5% |
| Remuneration and social security | 454/9 | €52,449 | €6,190 | -€46,259 | -88.2% |
| Non-recurring operating income | 76A | - | €42,394 | +€42,394 | |
| Goods, raw materials, services and sundry goods | 60/61 | €800,559 | €309,608 | -€490,952 | -61.3% |
| Remuneration, social security and pensions | 62 | €157,881 | €71,364 | -€86,517 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,327 | €13,190 | -€137 | -1.0% |
| Other operating charges | 640/8 | €8,800 | €9,592 | +€793 | +9.0% |
| Gross operating margin | 9900 | €189,814 | €110,197 | -€79,617 | -41.9% |
| Operating profit (loss) | 9901 | €9,806 | €16,051 | +€6,244 | +63.7% |
| Financial income | 75/76B | €195 | €455 | +€260 | +133.5% |
| Recurring financial income | 75 | €195 | €455 | +€260 | +133.5% |
| Financial charges | 65/66B | €7,755 | €9,560 | +€1,806 | +23.3% |
| Recurring financial charges | 65 | €7,755 | €9,560 | +€1,806 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €2,246 | €6,945 | +€4,699 | +209.2% |
| Income taxes | 67/77 | €1,598 | €2,373 | +€775 | +48.5% |
| Profit (loss) for the period | 9904 | €648 | €4,572 | +€3,924 | +605.2% |
| Profit (loss) for the period to be appropriated | 9905 | €648 | €4,572 | +€3,924 | +605.2% |
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 1 October 2026 via checked.be.