EUROPEAN TECHNICAL LIGHTING: what changed
EUROPEAN TECHNICAL LIGHTING
Largest movements
- Receivables within one year +€17,771
up €17,771 (+24.3%), from €73,127 to €90,898
of which Trade receivables: +€17,780
- Tangible fixed assets -€5,300
down €5,300 (-42.8%), from €12,382 to €7,082
of which Furniture and vehicles: -€5,098
- Cash -€1,577
down €1,577 (-8.0%), from €19,644 to €18,067
mainly Receivables within one year (-€17,771) and Net result for the year (-€8,550)
- Deferred charges and accrued income -€1,454
down €1,454 (-80.1%), from €1,816 to €362
- Trade debts +€21,457
up €21,457 (+28.4%), from €75,507 to €96,964
- Profit (loss) carried forward -€8,550
down €8,550 (-530%), from -€1,612 to -€10,162
- Other debts -€4,283
down €4,283 (-41.6%), from €10,284 to €6,001
- Gross operating margin -€8,339
down €8,339, from €8,096 to -€243
- Financial charges +€661
up €661 (+255%), from €259 to €920
- Other operating charges +€174
up €174 (+16.1%), from €1,080 to €1,254
- Financial income -€113
no longer reported in 2025 (was €113)
- Depreciation -€90
down €90 (-1.5%), from €5,951 to €5,861
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,969 | €116,409 | +€9,440 | +8.8% |
| Fixed assets | 21/28 | €12,382 | €7,082 | -€5,300 | -42.8% |
| Tangible fixed assets | 22/27 | €12,382 | €7,082 | -€5,300 | -42.8% |
| Plant, machinery and equipment | 23 | €202 | - | -€202 | |
| Furniture and vehicles | 24 | €12,180 | €7,082 | -€5,098 | -41.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €94,587 | €109,327 | +€14,740 | +15.6% |
| Amounts receivable within one year | 40/41 | €73,127 | €90,898 | +€17,771 | +24.3% |
| Trade receivables | 40 | €73,093 | €90,873 | +€17,780 | +24.3% |
| Other amounts receivable | 41 | €34 | €25 | -€9 | -26.5% |
| Cash at bank and in hand | 54/58 | €19,644 | €18,067 | -€1,577 | -8.0% |
| Deferred charges and accrued income | 490/1 | €1,816 | €362 | -€1,454 | -80.1% |
| Total equity and liabilities | 10/49 | €106,969 | €116,409 | +€9,440 | +8.8% |
| Equity | 10/15 | €18,848 | €10,298 | -€8,550 | -45.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€1,612 | -€10,162 | -€8,550 | -530% |
| Amounts payable | 17/49 | €88,121 | €106,111 | +€17,990 | +20.4% |
| Amounts payable within one year | 42/48 | €88,121 | €105,654 | +€17,533 | +19.9% |
| Trade debts | 44 | €75,507 | €96,964 | +€21,457 | +28.4% |
| Suppliers | 440/4 | €75,507 | €96,964 | +€21,457 | +28.4% |
| Taxes, remuneration and social security | 45 | €2,330 | €2,689 | +€359 | +15.4% |
| Taxes | 450/3 | €2,330 | €2,689 | +€359 | +15.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,284 | €6,001 | -€4,283 | -41.6% |
| Accrued charges and deferred income | 492/3 | - | €457 | +€457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,951 | €5,861 | -€90 | -1.5% |
| Other operating charges | 640/8 | €1,080 | €1,254 | +€174 | +16.1% |
| Gross operating margin | 9900 | €8,096 | -€243 | -€8,339 | |
| Operating profit (loss) | 9901 | €1,065 | -€7,358 | -€8,423 | |
| Financial income | 75/76B | €113 | - | -€113 | |
| Recurring financial income | 75 | €113 | - | -€113 | |
| Financial charges | 65/66B | €259 | €920 | +€661 | +255% |
| Recurring financial charges | 65 | €259 | €920 | +€661 | +255% |
| Profit (loss) for the period before taxes | 9903 | €919 | -€8,278 | -€9,197 | |
| Income taxes | 67/77 | €255 | €272 | +€17 | +6.7% |
| Profit (loss) for the period | 9904 | €664 | -€8,550 | -€9,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €664 | -€8,550 | -€9,214 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.