LICHTBAK: 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.
LICHTBAK
Largest movements
- Cash +€78,270
up €78,270 (+207%), from €37,874 to €116,144
mainly Net result for the year (+€33,037) and Investment in fixed assets (net) (+€27,062)
- Financial fixed assets -€27,062
down €27,062 (-9.3%), from €289,589 to €262,526
- Receivables within one year -€17,131
down €17,131 (-94.1%), from €18,211 to €1,080
of which Other amounts receivable: -€17,132
- Tangible fixed assets -€12,001
down €12,001 (-27.9%), from €43,006 to €31,005
of which Furniture and vehicles: -€12,001
- Reserves +€33,037
up €33,037 (+11.3%), from €291,735 to €324,773
- Debts after one year -€10,533
down €10,533 (-15.4%), from €68,265 to €57,732
- Financial income +€6,502
up €6,502 (+5,644%), from €115 to €6,617
- Financial charges -€1,130
down €1,130 (-18.4%), from €6,129 to €4,999
- Gross operating margin -€878
down €878 (-1.5%), from €59,421 to €58,543
- Taxes +€705
up €705 (+5.2%), from €13,469 to €14,174
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 | €390,384 | €412,575 | +€22,191 | +5.7% |
| Fixed assets | 21/28 | €332,595 | €293,531 | -€39,064 | -11.7% |
| Tangible fixed assets | 22/27 | €43,006 | €31,005 | -€12,001 | -27.9% |
| Furniture and vehicles | 24 | €42,106 | €30,105 | -€12,001 | -28.5% |
| Other tangible fixed assets | 26 | €900 | €900 | = | 0.0% |
| Financial fixed assets | 28 | €289,589 | €262,526 | -€27,062 | -9.3% |
| Current assets | 29/58 | €57,789 | €119,044 | +€61,255 | +106% |
| Amounts receivable within one year | 40/41 | €18,211 | €1,080 | -€17,131 | -94.1% |
| Trade receivables | 40 | - | €1 | +€1 | |
| Other amounts receivable | 41 | €18,211 | €1,079 | -€17,132 | -94.1% |
| Cash at bank and in hand | 54/58 | €37,874 | €116,144 | +€78,270 | +207% |
| Deferred charges and accrued income | 490/1 | €1,704 | €1,820 | +€116 | +6.8% |
| Total equity and liabilities | 10/49 | €390,384 | €412,575 | +€22,191 | +5.7% |
| Equity | 10/15 | €298,295 | €331,332 | +€33,037 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €291,735 | €324,773 | +€33,037 | +11.3% |
| Distributable reserves | 133 | €291,735 | €324,773 | +€33,037 | +11.3% |
| Profit (loss) carried forward | 14 | €359 | €359 | = | 0.0% |
| Amounts payable | 17/49 | €92,089 | €81,243 | -€10,846 | -11.8% |
| Amounts payable after more than one year | 17 | €68,265 | €57,732 | -€10,533 | -15.4% |
| Financial debts | 170/4 | €68,265 | €57,732 | -€10,533 | -15.4% |
| Amounts payable within one year | 42/48 | €23,824 | €23,512 | -€313 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €10,046 | €10,533 | +€487 | +4.8% |
| Trade debts | 44 | €2,704 | €1,950 | -€754 | -27.9% |
| Suppliers | 440/4 | €2,704 | €1,950 | -€754 | -27.9% |
| Taxes, remuneration and social security | 45 | €7,140 | €7,115 | -€25 | -0.4% |
| Taxes | 450/3 | €7,140 | €7,115 | -€25 | -0.4% |
| Other amounts payable | 47/48 | €3,935 | €3,914 | -€21 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,001 | €12,001 | +€0 | 0.0% |
| Other operating charges | 640/8 | €857 | €949 | +€91 | +10.6% |
| Gross operating margin | 9900 | €59,421 | €58,543 | -€878 | -1.5% |
| Operating profit (loss) | 9901 | €46,562 | €45,593 | -€969 | -2.1% |
| Financial income | 75/76B | €115 | €6,617 | +€6,502 | +5,644% |
| Recurring financial income | 75 | €115 | €6,617 | +€6,502 | +5,644% |
| Financial charges | 65/66B | €6,129 | €4,999 | -€1,130 | -18.4% |
| Recurring financial charges | 65 | €6,129 | €4,999 | -€1,130 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €40,549 | €47,211 | +€6,662 | +16.4% |
| Income taxes | 67/77 | €13,469 | €14,174 | +€705 | +5.2% |
| Profit (loss) for the period | 9904 | €27,080 | €33,037 | +€5,957 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,080 | €33,037 | +€5,957 | +22.0% |
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 18 October 2026 via checked.be.