LICHTPROJEKT: 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.
LICHTPROJEKT
Largest movements
- Receivables within one year +€78,300
up €78,300 (+84.9%), from €92,182 to €170,483
of which Trade receivables: +€83,055
- Tangible fixed assets +€77,401
up €77,401 (+48.8%), from €158,516 to €235,917
of which Furniture and vehicles: +€82,493
- Cash -€26,079
down €26,079 (-18.5%), from €140,613 to €114,534
mainly Investment in fixed assets (net) (-€107,985) and Receivables within one year (-€78,300)
- Current investments +€20,000
new in 2025: €20,000
- Trade debts +€87,979
up €87,979 (+79.9%), from €110,066 to €198,045
- Debts after one year +€46,109
up €46,109 (+378%), from €12,195 to €58,305
- Current portion of long-term debt +€14,176
up €14,176 (+120%), from €11,818 to €25,994
- Gross operating margin +€28,070
up €28,070 (+84.2%), from €33,338 to €61,408
- Staff costs +€15,442
up €15,442 (+748%), from €2,063 to €17,505
- Depreciation +€4,862
up €4,862 (+18.9%), from €25,723 to €30,585
- Other operating charges +€4,835
up €4,835 (+109%), from €4,425 to €9,261
- Financial charges +€1,161
up €1,161 (+63.3%), from €1,834 to €2,995
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 | €470,340 | €621,050 | +€150,709 | +32.0% |
| Fixed assets | 21/28 | €158,516 | €235,917 | +€77,401 | +48.8% |
| Tangible fixed assets | 22/27 | €158,516 | €235,917 | +€77,401 | +48.8% |
| Land and buildings | 22 | €102,225 | €93,202 | -€9,023 | -8.8% |
| Plant, machinery and equipment | 23 | €1,426 | €5,356 | +€3,930 | +276% |
| Furniture and vehicles | 24 | €54,866 | €137,359 | +€82,493 | +150% |
| Current assets | 29/58 | €311,824 | €385,133 | +€73,309 | +23.5% |
| Stocks and contracts in progress | 3 | €74,495 | €72,260 | -€2,235 | -3.0% |
| Stocks | 30/36 | €74,495 | €72,260 | -€2,235 | -3.0% |
| Amounts receivable within one year | 40/41 | €92,182 | €170,483 | +€78,300 | +84.9% |
| Trade receivables | 40 | €75,854 | €158,910 | +€83,055 | +109% |
| Other amounts receivable | 41 | €16,328 | €11,573 | -€4,755 | -29.1% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €140,613 | €114,534 | -€26,079 | -18.5% |
| Deferred charges and accrued income | 490/1 | €4,533 | €7,856 | +€3,323 | +73.3% |
| Total equity and liabilities | 10/49 | €470,340 | €621,050 | +€150,709 | +32.0% |
| Equity | 10/15 | €318,226 | €318,862 | +€635 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €299,626 | €300,262 | +€635 | +0.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,299 | €14,299 | = | 0.0% |
| Distributable reserves | 133 | €283,467 | €284,102 | +€635 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €152,114 | €302,188 | +€150,074 | +98.7% |
| Amounts payable after more than one year | 17 | €12,195 | €58,305 | +€46,109 | +378% |
| Financial debts | 170/4 | €12,195 | €58,305 | +€46,109 | +378% |
| Amounts payable within one year | 42/48 | €139,813 | €243,600 | +€103,787 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €11,818 | €25,994 | +€14,176 | +120% |
| Trade debts | 44 | €110,066 | €198,045 | +€87,979 | +79.9% |
| Suppliers | 440/4 | €110,066 | €198,045 | +€87,979 | +79.9% |
| Taxes, remuneration and social security | 45 | €17,928 | €19,560 | +€1,632 | +9.1% |
| Taxes | 450/3 | €17,928 | €15,219 | -€2,709 | -15.1% |
| Remuneration and social security | 454/9 | - | €4,341 | +€4,341 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €106 | €283 | +€177 | +167% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,063 | €17,505 | +€15,442 | +748% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,723 | €30,585 | +€4,862 | +18.9% |
| Other operating charges | 640/8 | €4,425 | €9,261 | +€4,835 | +109% |
| Gross operating margin | 9900 | €33,338 | €61,408 | +€28,070 | +84.2% |
| Operating profit (loss) | 9901 | €1,127 | €4,057 | +€2,930 | +260% |
| Financial income | 75/76B | €2,317 | €2,603 | +€285 | +12.3% |
| Recurring financial income | 75 | €2,317 | €2,603 | +€285 | +12.3% |
| Financial charges | 65/66B | €1,834 | €2,995 | +€1,161 | +63.3% |
| Recurring financial charges | 65 | €1,834 | €2,995 | +€1,161 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €1,610 | €3,665 | +€2,055 | +128% |
| Income taxes | 67/77 | €2,088 | €3,030 | +€942 | +45.1% |
| Profit (loss) for the period | 9904 | -€478 | €635 | +€1,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€478 | €635 | +€1,113 |
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 20 October 2026 via checked.be.