ITALIGHT: what changed
Two fiscal 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.
ITALIGHT
Largest movements
- Receivables within one year -€9,967
down €9,967 (-77.3%), from €12,889 to €2,923
of which Trade receivables: -€9,538
- Tangible fixed assets -€5,589
down €5,589 (-79.9%), from €6,992 to €1,403
- Stocks and contracts -€5,387
down €5,387 (-27.9%), from €19,330 to €13,943
- Cash -€1,495
down €1,495 (-38.7%), from €3,865 to €2,370
mainly Trade debts (-€10,955) and Net result for the year (-€7,629)
- Trade debts -€10,955
down €10,955 (-79.7%), from €13,741 to €2,787
- Profit (loss) carried forward -€7,629
down €7,629 (-94.4%), from -€8,081 to -€15,710
- Current portion of long-term debt -€3,058
down €3,058 (-74.7%), from €4,093 to €1,035
- Debts after one year -€1,035
no longer reported in 2025 (was €1,035)
- Gross operating margin -€15,473
down €15,473 (-96.9%), from €15,972 to €499
- Taxes -€3,559
down €3,559 (-78.0%), from €4,564 to €1,005
- Other operating charges -€739
down €739 (-47.6%), from €1,552 to €813
- Staff costs +€400
new in 2025: €400
- Write-downs -€203
no longer reported in 2025 (was €203)
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.
Cash bridge derived
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 | €43,255 | €20,818 | -€22,437 | -51.9% |
| Fixed assets | 21/28 | €7,170 | €1,582 | -€5,589 | -77.9% |
| Tangible fixed assets | 22/27 | €6,992 | €1,403 | -€5,589 | -79.9% |
| Furniture and vehicles | 24 | €6,992 | €1,403 | -€5,589 | -79.9% |
| Financial fixed assets | 28 | €178 | €178 | = | 0.0% |
| Current assets | 29/58 | €36,084 | €19,236 | -€16,849 | -46.7% |
| Stocks and contracts in progress | 3 | €19,330 | €13,943 | -€5,387 | -27.9% |
| Stocks | 30/36 | €19,330 | €13,943 | -€5,387 | -27.9% |
| Amounts receivable within one year | 40/41 | €12,889 | €2,923 | -€9,967 | -77.3% |
| Trade receivables | 40 | €12,460 | €2,923 | -€9,538 | -76.5% |
| Other amounts receivable | 41 | €429 | - | -€429 | |
| Cash at bank and in hand | 54/58 | €3,865 | €2,370 | -€1,495 | -38.7% |
| Total equity and liabilities | 10/49 | €43,255 | €20,818 | -€22,437 | -51.9% |
| Equity | 10/15 | €10,611 | €2,982 | -€7,629 | -71.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,081 | -€15,710 | -€7,629 | -94.4% |
| Amounts payable | 17/49 | €32,643 | €17,835 | -€14,808 | -45.4% |
| Amounts payable after more than one year | 17 | €1,035 | - | -€1,035 | |
| Financial debts | 170/4 | €1,035 | - | -€1,035 | |
| Amounts payable within one year | 42/48 | €31,608 | €17,835 | -€13,773 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €4,093 | €1,035 | -€3,058 | -74.7% |
| Trade debts | 44 | €13,741 | €2,787 | -€10,955 | -79.7% |
| Suppliers | 440/4 | €13,741 | €2,787 | -€10,955 | -79.7% |
| Taxes, remuneration and social security | 45 | €10,334 | €10,732 | +€398 | +3.8% |
| Taxes | 450/3 | €10,334 | €10,732 | +€398 | +3.8% |
| Other amounts payable | 47/48 | €3,440 | €3,282 | -€158 | -4.6% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,589 | €5,589 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €203 | - | -€203 | |
| Other operating charges | 640/8 | €1,552 | €813 | -€739 | -47.6% |
| Gross operating margin | 9900 | €15,972 | €499 | -€15,473 | -96.9% |
| Operating profit (loss) | 9901 | €8,628 | -€6,302 | -€14,931 | |
| Financial income | 75/76B | €258 | €72 | -€186 | -72.1% |
| Recurring financial income | 75 | €258 | €72 | -€186 | -72.1% |
| Financial charges | 65/66B | €344 | €394 | +€50 | +14.7% |
| Recurring financial charges | 65 | €344 | €71 | -€272 | -79.2% |
| Non-recurring financial charges | 66B | - | €323 | +€323 | |
| Profit (loss) for the period before taxes | 9903 | €8,543 | -€6,624 | -€15,167 | |
| Income taxes | 67/77 | €4,564 | €1,005 | -€3,559 | -78.0% |
| Profit (loss) for the period | 9904 | €3,979 | -€7,629 | -€11,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,979 | -€7,629 | -€11,608 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.