Focus On Light: what changed
Focus On Light
Largest movements
- Tangible fixed assets -€8,339
down €8,339 (-33.2%), from €25,149 to €16,810
- Cash -€1,588
down €1,588 (-26.7%), from €5,945 to €4,358
mainly Debts after one year (-€8,317) and Tax, wage and social debts (-€5,026)
- Receivables within one year +€1,364
up €1,364 (+15.2%), from €8,963 to €10,327
of which Other amounts receivable: +€4,567
- Debts after one year -€8,317
down €8,317 (-59.4%), from €14,002 to €5,685
- Tax, wage and social debts -€5,026
down €5,026 (-47.9%), from €10,494 to €5,469
- Other debts +€4,377
new in 2025: €4,377
- Reserves +€956
up €956 (+31.8%), from €3,006 to €3,961
- Trade debts -€798
down €798 (-40.2%), from €1,982 to €1,185
- Gross operating margin +€2,574
up €2,574 (+17.1%), from €15,074 to €17,648
- Other operating charges +€2,463
up €2,463 (+134%), from €1,832 to €4,295
- Financial income -€2,280
down €2,280 (-100.0%), from €2,280 to €0
- Depreciation +€441
up €441 (+4.7%), from €9,464 to €9,905
- Financial charges +€294
up €294 (+14.3%), from €2,057 to €2,351
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 | €40,058 | €31,495 | -€8,563 | -21.4% |
| Fixed assets | 21/28 | €25,149 | €16,810 | -€8,339 | -33.2% |
| Tangible fixed assets | 22/27 | €25,149 | €16,810 | -€8,339 | -33.2% |
| Furniture and vehicles | 24 | €25,149 | €16,810 | -€8,339 | -33.2% |
| Current assets | 29/58 | €14,908 | €14,684 | -€224 | -1.5% |
| Amounts receivable within one year | 40/41 | €8,963 | €10,327 | +€1,364 | +15.2% |
| Trade receivables | 40 | €8,514 | €5,311 | -€3,203 | -37.6% |
| Other amounts receivable | 41 | €449 | €5,016 | +€4,567 | +1,017% |
| Cash at bank and in hand | 54/58 | €5,945 | €4,358 | -€1,588 | -26.7% |
| Total equity and liabilities | 10/49 | €40,058 | €31,495 | -€8,563 | -21.4% |
| Equity | 10/15 | €5,506 | €6,461 | +€956 | +17.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €3,006 | €3,961 | +€956 | +31.8% |
| Distributable reserves | 133 | €3,006 | €3,961 | +€956 | +31.8% |
| Amounts payable | 17/49 | €34,552 | €25,033 | -€9,519 | -27.5% |
| Amounts payable after more than one year | 17 | €14,002 | €5,685 | -€8,317 | -59.4% |
| Financial debts | 170/4 | €14,002 | €5,685 | -€8,317 | -59.4% |
| Amounts payable within one year | 42/48 | €20,550 | €19,349 | -€1,201 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €8,073 | €8,317 | +€245 | +3.0% |
| Trade debts | 44 | €1,982 | €1,185 | -€798 | -40.2% |
| Suppliers | 440/4 | €1,982 | €1,185 | -€798 | -40.2% |
| Taxes, remuneration and social security | 45 | €10,494 | €5,469 | -€5,026 | -47.9% |
| Taxes | 450/3 | €10,494 | €5,469 | -€5,026 | -47.9% |
| Other amounts payable | 47/48 | - | €4,377 | +€4,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,464 | €9,905 | +€441 | +4.7% |
| Other operating charges | 640/8 | €1,832 | €4,295 | +€2,463 | +134% |
| Gross operating margin | 9900 | €15,074 | €17,648 | +€2,574 | +17.1% |
| Operating profit (loss) | 9901 | €3,777 | €3,448 | -€330 | -8.7% |
| Financial income | 75/76B | €2,280 | €0 | -€2,280 | -100.0% |
| Recurring financial income | 75 | €2,280 | €0 | -€2,280 | -100.0% |
| Financial charges | 65/66B | €2,057 | €2,351 | +€294 | +14.3% |
| Recurring financial charges | 65 | €2,057 | €2,351 | +€294 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €3,999 | €1,097 | -€2,903 | -72.6% |
| Income taxes | 67/77 | €160 | €141 | -€19 | -11.9% |
| Profit (loss) for the period | 9904 | €3,839 | €956 | -€2,884 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,839 | €956 | -€2,884 | -75.1% |
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.