LICHTPUNT: 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.
LICHTPUNT
Largest movements
- Stocks and contracts +€44,609
up €44,609 (+10.8%), from €411,556 to €456,165
- Tangible fixed assets -€20,660
down €20,660 (-20.2%), from €102,338 to €81,678
of which Plant, machinery and equipment: -€17,393
- Cash -€12,892
down €12,892 (-25.6%), from €50,342 to €37,450
mainly Stocks and contracts (-€44,609) and Debts after one year (-€40,661)
- Reserves +€80,000
up €80,000 (+28.9%), from €276,698 to €356,698
of which Distributable reserves: +€80,000
- Profit (loss) carried forward -€45,858
down €45,858 (-70.7%), from €64,902 to €19,044
- Debts after one year -€40,661
down €40,661 (-30.7%), from €132,312 to €91,650
- Tax, wage and social debts +€29,911
up €29,911 (+61.2%), from €48,853 to €78,765
of which Remuneration and social security: +€22,264
- Gross operating margin +€106,366
up €106,366 (+47.3%), from €224,800 to €331,166
- Staff costs +€72,560
up €72,560 (+48.9%), from €148,366 to €220,926
- Taxes +€11,772
up €11,772 (+350%), from €3,363 to €15,135
- Depreciation -€3,325
down €3,325 (-12.7%), from €26,085 to €22,760
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 | €1,170,344 | €1,189,212 | +€18,869 | +1.6% |
| Fixed assets | 21/28 | €102,338 | €85,129 | -€17,209 | -16.8% |
| Intangible fixed assets | 21 | - | €3,451 | +€3,451 | |
| Tangible fixed assets | 22/27 | €102,338 | €81,678 | -€20,660 | -20.2% |
| Plant, machinery and equipment | 23 | €99,071 | €81,678 | -€17,393 | -17.6% |
| Furniture and vehicles | 24 | €3,267 | - | -€3,267 | |
| Current assets | 29/58 | €1,068,006 | €1,104,084 | +€36,078 | +3.4% |
| Stocks and contracts in progress | 3 | €411,556 | €456,165 | +€44,609 | +10.8% |
| Stocks | 30/36 | €411,556 | €456,165 | +€44,609 | +10.8% |
| Amounts receivable within one year | 40/41 | €599,696 | €610,469 | +€10,773 | +1.8% |
| Trade receivables | 40 | €397,191 | €423,142 | +€25,950 | +6.5% |
| Other amounts receivable | 41 | €202,505 | €187,328 | -€15,177 | -7.5% |
| Cash at bank and in hand | 54/58 | €50,342 | €37,450 | -€12,892 | -25.6% |
| Deferred charges and accrued income | 490/1 | €6,412 | - | -€6,412 | |
| Total equity and liabilities | 10/49 | €1,170,344 | €1,189,212 | +€18,869 | +1.6% |
| Equity | 10/15 | €406,600 | €440,742 | +€34,142 | +8.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €276,698 | €356,698 | +€80,000 | +28.9% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €198 | €198 | = | 0.0% |
| Distributable reserves | 133 | €270,000 | €350,000 | +€80,000 | +29.6% |
| Profit (loss) carried forward | 14 | €64,902 | €19,044 | -€45,858 | -70.7% |
| Amounts payable | 17/49 | €763,744 | €748,470 | -€15,274 | -2.0% |
| Amounts payable after more than one year | 17 | €132,312 | €91,650 | -€40,661 | -30.7% |
| Financial debts | 170/4 | €132,312 | €91,650 | -€40,661 | -30.7% |
| Amounts payable within one year | 42/48 | €631,432 | €656,820 | +€25,388 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €46,771 | €40,661 | -€6,110 | -13.1% |
| Financial debts | 43 | €355,967 | €367,049 | +€11,083 | +3.1% |
| Credit institutions | 430/8 | €355,967 | €367,049 | +€11,083 | +3.1% |
| Trade debts | 44 | €154,841 | €144,845 | -€9,997 | -6.5% |
| Suppliers | 440/4 | €154,841 | €144,845 | -€9,997 | -6.5% |
| Taxes, remuneration and social security | 45 | €48,853 | €78,765 | +€29,911 | +61.2% |
| Taxes | 450/3 | €32,098 | €39,745 | +€7,647 | +23.8% |
| Remuneration and social security | 454/9 | €16,756 | €39,020 | +€22,264 | +133% |
| Other amounts payable | 47/48 | €25,000 | €25,500 | +€500 | +2.0% |
| Remuneration, social security and pensions | 62 | €148,366 | €220,926 | +€72,560 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,085 | €22,760 | -€3,325 | -12.7% |
| Other operating charges | 640/8 | €8,444 | €8,797 | +€353 | +4.2% |
| Gross operating margin | 9900 | €224,800 | €331,166 | +€106,366 | +47.3% |
| Operating profit (loss) | 9901 | €41,905 | €78,682 | +€36,778 | +87.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €30,993 | €29,410 | -€1,583 | -5.1% |
| Recurring financial charges | 65 | €30,993 | €29,410 | -€1,583 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €10,912 | €49,277 | +€38,365 | +352% |
| Income taxes | 67/77 | €3,363 | €15,135 | +€11,772 | +350% |
| Profit (loss) for the period | 9904 | €7,549 | €34,142 | +€26,593 | +352% |
| Profit (loss) for the period to be appropriated | 9905 | €7,549 | €34,142 | +€26,593 | +352% |
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 21 October 2026 via checked.be.