FREE LIGHT DESIGN: 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.
FREE LIGHT DESIGN
Largest movements
- Receivables within one year -€3,244
down €3,244 (-4.8%), from €67,384 to €64,139
of which Trade receivables: -€3,172
- Tangible fixed assets +€2,394
up €2,394 (+735%), from €326 to €2,720
- Other debts +€28,065
up €28,065 (+25.2%), from €111,587 to €139,653
- Tax, wage and social debts -€16,747
down €16,747 (-67.6%), from €24,770 to €8,023
- Trade debts -€11,921
down €11,921 (-25.3%), from €47,104 to €35,183
- Profit (loss) carried forward -€5,563
down €5,563 (-12.1%), from -€45,797 to -€51,361
- Short-term financial debts +€3,847
up €3,847 (+35.2%), from €10,945 to €14,793
- Gross operating margin +€14,030
up €14,030, from -€10,471 to €3,559
- Other operating charges +€1,941
up €1,941 (+257%), from €756 to €2,698
- Financial charges +€1,464
up €1,464 (+35.3%), from €4,142 to €5,606
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 | €169,552 | €167,468 | -€2,084 | -1.2% |
| Fixed assets | 21/28 | €326 | €2,720 | +€2,394 | +735% |
| Tangible fixed assets | 22/27 | €326 | €2,720 | +€2,394 | +735% |
| Plant, machinery and equipment | 23 | €326 | €2,720 | +€2,394 | +735% |
| Current assets | 29/58 | €169,226 | €164,749 | -€4,478 | -2.6% |
| Stocks and contracts in progress | 3 | €97,439 | €98,679 | +€1,240 | +1.3% |
| Stocks | 30/36 | €97,439 | €98,679 | +€1,240 | +1.3% |
| Amounts receivable within one year | 40/41 | €67,384 | €64,139 | -€3,244 | -4.8% |
| Trade receivables | 40 | €67,311 | €64,139 | -€3,172 | -4.7% |
| Other amounts receivable | 41 | €72 | - | -€72 | |
| Cash at bank and in hand | 54/58 | €2,407 | €768 | -€1,639 | -68.1% |
| Deferred charges and accrued income | 490/1 | €1,997 | €1,162 | -€835 | -41.8% |
| Total equity and liabilities | 10/49 | €169,552 | €167,468 | -€2,084 | -1.2% |
| Equity | 10/15 | -€25,346 | -€30,909 | -€5,563 | -21.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,797 | -€51,361 | -€5,563 | -12.1% |
| Amounts payable | 17/49 | €194,898 | €198,378 | +€3,480 | +1.8% |
| Amounts payable within one year | 42/48 | €194,407 | €197,651 | +€3,245 | +1.7% |
| Financial debts | 43 | €10,945 | €14,793 | +€3,847 | +35.2% |
| Credit institutions | 430/8 | €10,945 | €14,793 | +€3,847 | +35.2% |
| Trade debts | 44 | €47,104 | €35,183 | -€11,921 | -25.3% |
| Suppliers | 440/4 | €47,104 | €35,183 | -€11,921 | -25.3% |
| Taxes, remuneration and social security | 45 | €24,770 | €8,023 | -€16,747 | -67.6% |
| Taxes | 450/3 | €24,770 | €8,023 | -€16,747 | -67.6% |
| Other amounts payable | 47/48 | €111,587 | €139,653 | +€28,065 | +25.2% |
| Accrued charges and deferred income | 492/3 | €492 | €726 | +€235 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850 | €936 | +€87 | +10.2% |
| Other operating charges | 640/8 | €756 | €2,698 | +€1,941 | +257% |
| Gross operating margin | 9900 | -€10,471 | €3,559 | +€14,030 | |
| Operating profit (loss) | 9901 | -€12,077 | -€75 | +€12,003 | +99.4% |
| Financial income | 75/76B | €61 | €117 | +€56 | +91.4% |
| Recurring financial income | 75 | €61 | €117 | +€56 | +91.4% |
| Financial charges | 65/66B | €4,142 | €5,606 | +€1,464 | +35.3% |
| Recurring financial charges | 65 | €4,142 | €5,606 | +€1,464 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,158 | -€5,563 | +€10,595 | +65.6% |
| Profit (loss) for the period | 9904 | -€16,158 | -€5,563 | +€10,595 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,158 | -€5,563 | +€10,595 | +65.6% |
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 20 October 2026 via checked.be.