IB LICHTATELJEE: 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.
IB LICHTATELJEE
Largest movements
- Tangible fixed assets +€212,679
up €212,679 (+148%), from €143,735 to €356,414
of which Assets under construction and advance payments: +€128,015
- Cash -€41,060
down €41,060 (-35.9%), from €114,234 to €73,174
mainly Investment in fixed assets (net) (-€213,051) and Receivables within one year (-€27,556)
- Receivables within one year +€27,556
up €27,556 (+678%), from €4,066 to €31,622
of which Other amounts receivable: +€20,520
- Debts after one year +€101,068
new in 2025: €101,068
- Other debts +€52,178
up €52,178 (+92.0%), from €56,691 to €108,869
- Trade debts +€33,198
up €33,198 (+6,104%), from €544 to €33,741
- Profit (loss) carried forward +€14,609
up €14,609, from -€12,502 to €2,107
- Gross operating margin -€7,122
down €7,122 (-24.0%), from €29,669 to €22,547
- Taxes -€2,973
down €2,973 (-34.3%), from €8,656 to €5,683
- Other operating charges -€2,067
down €2,067 (-67.3%), from €3,070 to €1,003
- Financial charges +€765
up €765 (+666%), from €115 to €880
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 | €262,479 | €461,667 | +€199,189 | +75.9% |
| Fixed assets | 21/28 | €143,735 | €356,414 | +€212,679 | +148% |
| Tangible fixed assets | 22/27 | €143,735 | €356,414 | +€212,679 | +148% |
| Land and buildings | 22 | €85,271 | €170,308 | +€85,037 | +99.7% |
| Furniture and vehicles | 24 | €1,773 | €1,401 | -€372 | -21.0% |
| Assets under construction and advance payments | 27 | €56,691 | €184,706 | +€128,015 | +226% |
| Current assets | 29/58 | €118,744 | €105,253 | -€13,490 | -11.4% |
| Amounts receivable within one year | 40/41 | €4,066 | €31,622 | +€27,556 | +678% |
| Trade receivables | 40 | €4,066 | €11,102 | +€7,036 | +173% |
| Other amounts receivable | 41 | - | €20,520 | +€20,520 | |
| Cash at bank and in hand | 54/58 | €114,234 | €73,174 | -€41,060 | -35.9% |
| Deferred charges and accrued income | 490/1 | €444 | €457 | +€13 | +3.0% |
| Total equity and liabilities | 10/49 | €262,479 | €461,667 | +€199,189 | +75.9% |
| Equity | 10/15 | €196,789 | €211,398 | +€14,609 | +7.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €184,292 | €184,292 | = | 0.0% |
| Distributable reserves | 133 | €184,292 | €184,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,502 | €2,107 | +€14,609 | |
| Amounts payable | 17/49 | €65,689 | €250,269 | +€184,580 | +281% |
| Amounts payable after more than one year | 17 | - | €101,068 | +€101,068 | |
| Financial debts | 170/4 | - | €101,068 | +€101,068 | |
| Amounts payable within one year | 42/48 | €62,608 | €149,201 | +€86,593 | +138% |
| Trade debts | 44 | €544 | €33,741 | +€33,198 | +6,104% |
| Suppliers | 440/4 | €544 | €33,741 | +€33,198 | +6,104% |
| Taxes, remuneration and social security | 45 | €5,373 | €6,590 | +€1,217 | +22.6% |
| Taxes | 450/3 | €5,373 | €6,590 | +€1,217 | +22.6% |
| Other amounts payable | 47/48 | €56,691 | €108,869 | +€52,178 | +92.0% |
| Accrued charges and deferred income | 492/3 | €3,081 | €0 | -€3,081 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | €372 | +€203 | +121% |
| Other operating charges | 640/8 | €3,070 | €1,003 | -€2,067 | -67.3% |
| Gross operating margin | 9900 | €29,669 | €22,547 | -€7,122 | -24.0% |
| Operating profit (loss) | 9901 | €26,431 | €21,172 | -€5,259 | -19.9% |
| Financial charges | 65/66B | €115 | €880 | +€765 | +666% |
| Recurring financial charges | 65 | €115 | €880 | +€765 | +666% |
| Profit (loss) for the period before taxes | 9903 | €26,316 | €20,292 | -€6,024 | -22.9% |
| Income taxes | 67/77 | €8,656 | €5,683 | -€2,973 | -34.3% |
| Profit (loss) for the period | 9904 | €17,660 | €14,609 | -€3,051 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,660 | €14,609 | -€3,051 | -17.3% |
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 21 October 2026 via checked.be.