LICHTLAND: 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.
LICHTLAND
Largest movements
- Receivables within one year +€3.3m
up €3.3m (+600%), from €550,176 to €3.9m
of which Other amounts receivable: +€3.3m
- Tangible fixed assets -€485,913
down €485,913 (-92.0%), from €528,115 to €42,202
- Cash -€69,243
down €69,243 (-96.4%), from €71,815 to €2,572
mainly Receivables within one year (-€3.3m) and Other debts (-€780,575)
- Reserves +€2.8m
up €2.8m, from €0 to €2.8m
of which Tax-exempt reserves: +€2.8m
- Provisions +€929,241
new in 2025: €929,241
- Other debts -€780,575
down €780,575 (-100%), from €780,575 to €0
- Short-term financial debts -€272,000
down €272,000 (-100%), from €272,000 to €0
- Trade debts +€57,272
up €57,272 (+603%), from €9,498 to €66,769
- Gross operating margin +€3.8m
up €3.8m (+2,665%), from €144,419 to €4.0m
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 | €1,150,106 | €3,897,093 | +€2.7m | +239% |
| Fixed assets | 21/28 | €528,115 | €42,202 | -€485,913 | -92.0% |
| Tangible fixed assets | 22/27 | €528,115 | €42,202 | -€485,913 | -92.0% |
| Land and buildings | 22 | €528,115 | €42,202 | -€485,913 | -92.0% |
| Current assets | 29/58 | €621,991 | €3,854,892 | +€3.2m | +520% |
| Amounts receivable within one year | 40/41 | €550,176 | €3,850,252 | +€3.3m | +600% |
| Trade receivables | 40 | €23,436 | €4,999 | -€18,437 | -78.7% |
| Other amounts receivable | 41 | €526,740 | €3,845,253 | +€3.3m | +630% |
| Cash at bank and in hand | 54/58 | €71,815 | €2,572 | -€69,243 | -96.4% |
| Deferred charges and accrued income | 490/1 | €0 | €2,067 | +€2,067 | |
| Total equity and liabilities | 10/49 | €1,150,106 | €3,897,093 | +€2.7m | +239% |
| Equity | 10/15 | €37,184 | €2,870,516 | +€2.8m | +7,620% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €0 | €2,833,332 | +€2.8m | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €2,787,724 | +€2.8m | |
| Distributable reserves | 133 | €0 | €45,608 | +€45,608 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €929,241 | +€929,241 | |
| Deferred taxes | 168 | - | €929,241 | +€929,241 | |
| Amounts payable | 17/49 | €1,112,922 | €97,336 | -€1.0m | -91.3% |
| Amounts payable after more than one year | 17 | €3,453 | €0 | -€3,453 | -100% |
| Financial debts | 170/4 | €3,453 | €0 | -€3,453 | -100% |
| Amounts payable within one year | 42/48 | €1,109,305 | €97,336 | -€1.0m | -91.2% |
| Current portion of amounts payable after more than one year | 42 | €10,254 | €3,453 | -€6,801 | -66.3% |
| Financial debts | 43 | €272,000 | €0 | -€272,000 | -100% |
| Credit institutions | 430/8 | €272,000 | €0 | -€272,000 | -100% |
| Trade debts | 44 | €9,498 | €66,769 | +€57,272 | +603% |
| Suppliers | 440/4 | €9,498 | €66,769 | +€57,272 | +603% |
| Taxes, remuneration and social security | 45 | €36,977 | €27,114 | -€9,864 | -26.7% |
| Taxes | 450/3 | €36,977 | €27,114 | -€9,864 | -26.7% |
| Other amounts payable | 47/48 | €780,575 | €0 | -€780,575 | -100% |
| Accrued charges and deferred income | 492/3 | €165 | €0 | -€165 | -100% |
| Non-recurring operating income | 76A | €10,500 | €3,716,966 | +€3.7m | +35,300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,315 | €0 | -€28,315 | -100% |
| Other operating charges | 640/8 | €11,085 | €13,340 | +€2,255 | +20.3% |
| Gross operating margin | 9900 | €144,419 | €3,993,591 | +€3.8m | +2,665% |
| Operating profit (loss) | 9901 | €105,019 | €3,980,251 | +€3.9m | +3,690% |
| Financial income | 75/76B | €14,553 | €11,508 | -€3,045 | -20.9% |
| Recurring financial income | 75 | €14,553 | €11,508 | -€3,045 | -20.9% |
| Financial charges | 65/66B | €10,777 | €12,073 | +€1,296 | +12.0% |
| Recurring financial charges | 65 | €10,777 | €12,073 | +€1,296 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €108,794 | €3,979,687 | +€3.9m | +3,558% |
| Transfer to deferred taxes | 680 | - | €929,241 | +€929,241 | |
| Income taxes | 67/77 | €28,571 | €67,114 | +€38,543 | +135% |
| Profit (loss) for the period | 9904 | €80,224 | €2,983,332 | +€2.9m | +3,619% |
| Transfer to tax-exempt reserves | 689 | - | €2,787,724 | +€2.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €80,224 | €195,608 | +€115,384 | +144% |
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 31 October 2026 via checked.be.