FUL 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.
FUL Lighting
Largest movements
- Cash +€5,923
up €5,923, from €0 to €5,923
mainly Short-term financial debts (+€45,723) and Tax, wage and social debts (+€19,495)
- Stocks and contracts -€4,890
down €4,890 (-7.6%), from €64,243 to €59,353
- Short-term financial debts +€45,723
up €45,723 (+738%), from €6,198 to €51,921
- Profit (loss) carried forward -€37,683
down €37,683, from €28,728 to -€8,954
- Trade debts -€28,695
down €28,695 (-23.5%), from €122,346 to €93,651
- Tax, wage and social debts +€19,495
up €19,495 (+111%), from €17,581 to €37,076
of which Taxes: +€17,885
- Other debts +€3,688
up €3,688 (+49.4%), from €7,464 to €11,152
- Gross operating margin +€13,404
up €13,404 (+197%), from €6,791 to €20,196
- Staff costs -€10,633
down €10,633 (-18.9%), from €56,139 to €45,505
- Financial charges +€3,756
up €3,756 (+97.6%), from €3,848 to €7,604
- Other operating charges +€1,171
up €1,171 (+132%), from €888 to €2,059
- Depreciation -€966
down €966 (-30.6%), from €3,152 to €2,186
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 | €202,552 | €203,781 | +€1,229 | +0.6% |
| Fixed assets | 21/28 | €4,850 | €4,371 | -€479 | -9.9% |
| Tangible fixed assets | 22/27 | €4,850 | €4,371 | -€479 | -9.9% |
| Plant, machinery and equipment | 23 | €611 | €0 | -€611 | -100% |
| Furniture and vehicles | 24 | €4,239 | €4,371 | +€132 | +3.1% |
| Current assets | 29/58 | €197,702 | €199,410 | +€1,709 | +0.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €64,243 | €59,353 | -€4,890 | -7.6% |
| Stocks | 30/36 | €64,243 | €59,353 | -€4,890 | -7.6% |
| Amounts receivable within one year | 40/41 | €131,410 | €132,541 | +€1,132 | +0.9% |
| Trade receivables | 40 | €125,926 | €132,541 | +€6,615 | +5.3% |
| Other amounts receivable | 41 | €5,483 | €0 | -€5,483 | -100% |
| Cash at bank and in hand | 54/58 | €0 | €5,923 | +€5,923 | |
| Deferred charges and accrued income | 490/1 | €2,049 | €1,593 | -€456 | -22.2% |
| Total equity and liabilities | 10/49 | €202,552 | €203,781 | +€1,229 | +0.6% |
| Equity | 10/15 | €47,328 | €9,646 | -€37,683 | -79.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,728 | -€8,954 | -€37,683 | |
| Amounts payable | 17/49 | €155,223 | €194,135 | +€38,912 | +25.1% |
| Amounts payable after more than one year | 17 | €336 | €0 | -€336 | -100% |
| Financial debts | 170/4 | €336 | €0 | -€336 | -100% |
| Amounts payable within one year | 42/48 | €154,888 | €194,135 | +€39,248 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €1,299 | €336 | -€964 | -74.2% |
| Financial debts | 43 | €6,198 | €51,921 | +€45,723 | +738% |
| Credit institutions | 430/8 | €6,198 | €51,921 | +€45,723 | +738% |
| Trade debts | 44 | €122,346 | €93,651 | -€28,695 | -23.5% |
| Suppliers | 440/4 | €122,346 | €93,651 | -€28,695 | -23.5% |
| Taxes, remuneration and social security | 45 | €17,581 | €37,076 | +€19,495 | +111% |
| Taxes | 450/3 | €7,614 | €25,499 | +€17,885 | +235% |
| Remuneration and social security | 454/9 | €9,968 | €11,578 | +€1,610 | +16.1% |
| Other amounts payable | 47/48 | €7,464 | €11,152 | +€3,688 | +49.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €56,139 | €45,505 | -€10,633 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,152 | €2,186 | -€966 | -30.6% |
| Other operating charges | 640/8 | €888 | €2,059 | +€1,171 | +132% |
| Gross operating margin | 9900 | €6,791 | €20,196 | +€13,404 | +197% |
| Operating profit (loss) | 9901 | -€53,387 | -€29,555 | +€23,832 | +44.6% |
| Financial income | 75/76B | €0 | €15 | +€15 | +5,500% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +5,500% |
| Financial charges | 65/66B | €3,848 | €7,604 | +€3,756 | +97.6% |
| Recurring financial charges | 65 | €3,848 | €7,604 | +€3,756 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,235 | -€37,144 | +€20,091 | +35.1% |
| Income taxes | 67/77 | €534 | €539 | +€5 | +0.9% |
| Profit (loss) for the period | 9904 | -€57,769 | -€37,683 | +€20,086 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,769 | -€37,683 | +€20,086 | +34.8% |
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 15 October 2026 via checked.be.