KEY LIGHT CONSULT: 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.
KEY LIGHT CONSULT
Largest movements
- Tangible fixed assets -€38,704
down €38,704 (-8.4%), from €459,957 to €421,253
of which Land and buildings: -€25,301
- Cash +€37,516
up €37,516 (+46.8%), from €80,090 to €117,606
mainly Net result for the year (+€50,118) and Depreciation (+€38,704)
- Debts after one year -€57,102
down €57,102 (-19.3%), from €296,114 to €239,012
- Reserves +€50,118
up €50,118 (+11.2%), from €446,916 to €497,034
- Other debts +€17,249
up €17,249 (+20.5%), from €84,025 to €101,274
- Current portion of long-term debt -€14,054
down €14,054 (-15.3%), from €91,672 to €77,618
- Financial income -€34,991
down €34,991 (-100.0%), from €34,992 to €1
- Gross operating margin -€9,434
down €9,434 (-6.5%), from €144,576 to €135,142
- Taxes -€6,071
down €6,071 (-18.3%), from €33,150 to €27,079
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 | €1,195,849 | €1,194,113 | -€1,736 | -0.1% |
| Fixed assets | 21/28 | €1,060,325 | €1,021,620 | -€38,704 | -3.7% |
| Tangible fixed assets | 22/27 | €459,957 | €421,253 | -€38,704 | -8.4% |
| Land and buildings | 22 | €437,965 | €412,664 | -€25,301 | -5.8% |
| Plant, machinery and equipment | 23 | €5,140 | €3,118 | -€2,022 | -39.3% |
| Furniture and vehicles | 24 | €16,853 | €5,472 | -€11,382 | -67.5% |
| Financial fixed assets | 28 | €600,367 | €600,367 | = | 0.0% |
| Current assets | 29/58 | €135,524 | €172,493 | +€36,969 | +27.3% |
| Amounts receivable within one year | 40/41 | €31,454 | €34,793 | +€3,339 | +10.6% |
| Trade receivables | 40 | €26,969 | €26,620 | -€349 | -1.3% |
| Other amounts receivable | 41 | €4,485 | €8,173 | +€3,688 | +82.2% |
| Cash at bank and in hand | 54/58 | €80,090 | €117,606 | +€37,516 | +46.8% |
| Deferred charges and accrued income | 490/1 | €23,980 | €20,094 | -€3,887 | -16.2% |
| Total equity and liabilities | 10/49 | €1,195,849 | €1,194,113 | -€1,736 | -0.1% |
| Equity | 10/15 | €709,917 | €760,035 | +€50,118 | +7.1% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €446,916 | €497,034 | +€50,118 | +11.2% |
| Distributable reserves | 133 | €446,916 | €497,034 | +€50,118 | +11.2% |
| Profit (loss) carried forward | 14 | €169,401 | €169,401 | = | 0.0% |
| Amounts payable | 17/49 | €485,931 | €434,078 | -€51,854 | -10.7% |
| Amounts payable after more than one year | 17 | €296,114 | €239,012 | -€57,102 | -19.3% |
| Financial debts | 170/4 | €296,114 | €239,012 | -€57,102 | -19.3% |
| Amounts payable within one year | 42/48 | €189,198 | €195,066 | +€5,867 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €91,672 | €77,618 | -€14,054 | -15.3% |
| Trade debts | 44 | €6,870 | €7,719 | +€848 | +12.3% |
| Suppliers | 440/4 | €6,870 | €7,719 | +€848 | +12.3% |
| Taxes, remuneration and social security | 45 | €6,630 | €8,455 | +€1,825 | +27.5% |
| Taxes | 450/3 | €5,790 | €5,537 | -€253 | -4.4% |
| Remuneration and social security | 454/9 | €840 | €2,918 | +€2,078 | +247% |
| Other amounts payable | 47/48 | €84,025 | €101,274 | +€17,249 | +20.5% |
| Accrued charges and deferred income | 492/3 | €619 | - | -€619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,001 | €38,704 | -€296 | -0.8% |
| Other operating charges | 640/8 | €7,184 | €7,684 | +€500 | +7.0% |
| Gross operating margin | 9900 | €144,576 | €135,142 | -€9,434 | -6.5% |
| Operating profit (loss) | 9901 | €98,391 | €88,753 | -€9,638 | -9.8% |
| Financial income | 75/76B | €34,992 | €1 | -€34,991 | -100.0% |
| Recurring financial income | 75 | €34,992 | €1 | -€34,991 | -100.0% |
| Financial charges | 65/66B | €10,732 | €11,558 | +€826 | +7.7% |
| Recurring financial charges | 65 | €10,732 | €11,558 | +€826 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €122,651 | €77,197 | -€45,455 | -37.1% |
| Income taxes | 67/77 | €33,150 | €27,079 | -€6,071 | -18.3% |
| Profit (loss) for the period | 9904 | €89,501 | €50,118 | -€39,383 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,501 | €50,118 | -€39,383 | -44.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.