FO LIGHTING: 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.
FO LIGHTING
Largest movements
- Receivables within one year -€9,623
down €9,623 (-67.3%), from €14,303 to €4,680
of which Other amounts receivable: -€11,373
- Cash +€9,482
up €9,482 (+18.3%), from €51,936 to €61,418
mainly Receivables within one year (+€9,623) and Other debts (+€6,901)
- Tangible fixed assets -€1,747
down €1,747 (-34.8%), from €5,026 to €3,280
of which Plant, machinery and equipment: -€945
- Reserves -€144,377
no longer reported in 2025 (was €144,377)
- Profit (loss) carried forward +€137,645
up €137,645 (+66.3%), from -€207,587 to -€69,942
- Other debts +€6,901
up €6,901 (+5.7%), from €120,847 to €127,748
- Tax, wage and social debts -€3,656
no longer reported in 2025 (was €3,656)
- Trade debts +€1,272
up €1,272 (+31.0%), from €4,099 to €5,371
- Gross operating margin +€24,177
up €24,177, from -€14,822 to €9,355
- Other operating charges +€14,145
new in 2025: €14,145
- Depreciation +€446
up €446 (+34.2%), from €1,301 to €1,747
- Staff costs -€416
no longer reported in 2025 (was €416)
- Financial charges -€408
down €408 (-67.6%), from €603 to €195
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 | €71,592 | €69,377 | -€2,216 | -3.1% |
| Fixed assets | 21/28 | €5,026 | €3,280 | -€1,747 | -34.8% |
| Tangible fixed assets | 22/27 | €5,026 | €3,280 | -€1,747 | -34.8% |
| Plant, machinery and equipment | 23 | €4,225 | €3,280 | -€945 | -22.4% |
| Furniture and vehicles | 24 | €802 | - | -€802 | |
| Current assets | 29/58 | €66,566 | €66,097 | -€469 | -0.7% |
| Amounts receivable within one year | 40/41 | €14,303 | €4,680 | -€9,623 | -67.3% |
| Trade receivables | 40 | - | €1,750 | +€1,750 | |
| Other amounts receivable | 41 | €14,303 | €2,930 | -€11,373 | -79.5% |
| Cash at bank and in hand | 54/58 | €51,936 | €61,418 | +€9,482 | +18.3% |
| Deferred charges and accrued income | 490/1 | €327 | - | -€327 | |
| Total equity and liabilities | 10/49 | €71,592 | €69,377 | -€2,216 | -3.1% |
| Equity | 10/15 | -€57,010 | -€63,742 | -€6,732 | -11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,377 | - | -€144,377 | |
| Tax-exempt reserves | 132 | €144,377 | - | -€144,377 | |
| Profit (loss) carried forward | 14 | -€207,587 | -€69,942 | +€137,645 | +66.3% |
| Amounts payable | 17/49 | €128,602 | €133,119 | +€4,517 | +3.5% |
| Amounts payable within one year | 42/48 | €128,602 | €133,119 | +€4,517 | +3.5% |
| Trade debts | 44 | €4,099 | €5,371 | +€1,272 | +31.0% |
| Suppliers | 440/4 | €4,099 | €5,371 | +€1,272 | +31.0% |
| Taxes, remuneration and social security | 45 | €3,656 | - | -€3,656 | |
| Remuneration and social security | 454/9 | €3,656 | - | -€3,656 | |
| Other amounts payable | 47/48 | €120,847 | €127,748 | +€6,901 | +5.7% |
| Non-recurring operating income | 76A | - | €1,750 | +€1,750 | |
| Remuneration, social security and pensions | 62 | €416 | - | -€416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,301 | €1,747 | +€446 | +34.2% |
| Other operating charges | 640/8 | - | €14,145 | +€14,145 | |
| Gross operating margin | 9900 | -€14,822 | €9,355 | +€24,177 | |
| Operating profit (loss) | 9901 | -€16,540 | -€6,537 | +€10,003 | +60.5% |
| Financial charges | 65/66B | €603 | €195 | -€408 | -67.6% |
| Recurring financial charges | 65 | €603 | €195 | -€408 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,143 | -€6,732 | +€10,410 | +60.7% |
| Profit (loss) for the period | 9904 | -€17,143 | -€6,732 | +€10,410 | +60.7% |
| Transfer from tax-exempt reserves | 789 | - | €144,377 | +€144,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,143 | €137,645 | +€154,788 |
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 28 October 2026 via checked.be.