GHARALIGHTING: 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.
GHARALIGHTING
Largest movements
- Receivables within one year -€7,109
down €7,109 (-22.0%), from €32,336 to €25,228
of which Other amounts receivable: -€16,758
- Tangible fixed assets +€2,830
up €2,830 (+29.1%), from €9,737 to €12,566
of which Furniture and vehicles: +€4,022
- Deferred charges and accrued income -€1,761
no longer reported in 2025 (was €1,761)
- Tax, wage and social debts -€6,170
down €6,170 (-35.5%), from €17,364 to €11,195
of which Taxes: -€3,477
- Profit (loss) carried forward +€2,762
up €2,762 (+15.7%), from €17,556 to €20,319
- Trade debts -€2,202
down €2,202 (-61.9%), from €3,558 to €1,356
- Other debts -€686
down €686 (-16.1%), from €4,262 to €3,576
- Gross operating margin -€18,382
down €18,382 (-52.4%), from €35,076 to €16,694
- Staff costs -€6,628
down €6,628 (-47.9%), from €13,835 to €7,206
- Taxes -€2,710
down €2,710 (-77.9%), from €3,480 to €770
- Other operating charges +€1,484
up €1,484 (+495%), from €300 to €1,784
- Depreciation +€1,117
up €1,117 (+40.2%), from €2,777 to €3,893
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 | €61,340 | €55,045 | -€6,295 | -10.3% |
| Fixed assets | 21/28 | €19,297 | €22,126 | +€2,830 | +14.7% |
| Tangible fixed assets | 22/27 | €9,737 | €12,566 | +€2,830 | +29.1% |
| Plant, machinery and equipment | 23 | €5,701 | €4,031 | -€1,670 | -29.3% |
| Furniture and vehicles | 24 | €1,513 | €5,534 | +€4,022 | +266% |
| Other tangible fixed assets | 26 | €2,523 | €3,001 | +€478 | +19.0% |
| Financial fixed assets | 28 | €9,560 | €9,560 | = | 0.0% |
| Current assets | 29/58 | €42,044 | €32,919 | -€9,125 | -21.7% |
| Amounts receivable within one year | 40/41 | €32,336 | €25,228 | -€7,109 | -22.0% |
| Trade receivables | 40 | €4,917 | €14,566 | +€9,650 | +196% |
| Other amounts receivable | 41 | €27,420 | €10,661 | -€16,758 | -61.1% |
| Cash at bank and in hand | 54/58 | €7,946 | €7,691 | -€256 | -3.2% |
| Deferred charges and accrued income | 490/1 | €1,761 | - | -€1,761 | |
| Total equity and liabilities | 10/49 | €61,340 | €55,045 | -€6,295 | -10.3% |
| Equity | 10/15 | €36,156 | €38,919 | +€2,762 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,556 | €20,319 | +€2,762 | +15.7% |
| Amounts payable | 17/49 | €25,184 | €16,126 | -€9,058 | -36.0% |
| Amounts payable within one year | 42/48 | €25,184 | €16,126 | -€9,058 | -36.0% |
| Trade debts | 44 | €3,558 | €1,356 | -€2,202 | -61.9% |
| Suppliers | 440/4 | €3,558 | €1,356 | -€2,202 | -61.9% |
| Taxes, remuneration and social security | 45 | €17,364 | €11,195 | -€6,170 | -35.5% |
| Taxes | 450/3 | €14,672 | €11,195 | -€3,477 | -23.7% |
| Remuneration and social security | 454/9 | €2,692 | - | -€2,692 | |
| Other amounts payable | 47/48 | €4,262 | €3,576 | -€686 | -16.1% |
| Remuneration, social security and pensions | 62 | €13,835 | €7,206 | -€6,628 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €3,893 | +€1,117 | +40.2% |
| Other operating charges | 640/8 | €300 | €1,784 | +€1,484 | +495% |
| Gross operating margin | 9900 | €35,076 | €16,694 | -€18,382 | -52.4% |
| Operating profit (loss) | 9901 | €18,164 | €3,810 | -€14,354 | -79.0% |
| Financial charges | 65/66B | €247 | €278 | +€31 | +12.5% |
| Recurring financial charges | 65 | €247 | €278 | +€31 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €17,917 | €3,532 | -€14,385 | -80.3% |
| Income taxes | 67/77 | €3,480 | €770 | -€2,710 | -77.9% |
| Profit (loss) for the period | 9904 | €14,437 | €2,762 | -€11,675 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,437 | €2,762 | -€11,675 | -80.9% |
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 17 October 2026 via checked.be.