Lichtschip Mayflower: 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.
Lichtschip Mayflower
Largest movements
- Cash -€79,568
down €79,568 (-65.8%), from €120,903 to €41,335
mainly Current investments (-€72,400) and Other debts (-€23,354)
- Current investments +€72,400
new in 2025: €72,400
- Tangible fixed assets +€4,759
up €4,759 (+20.5%), from €23,193 to €27,951
of which Furniture and vehicles: +€4,912
- Other debts -€23,354
down €23,354 (-97.9%), from €23,866 to €512
- Reserves +€12,972
up €12,972 (+15.8%), from €82,170 to €95,142
- Trade debts +€12,185
up €12,185 (+113%), from €10,758 to €22,942
- Tax, wage and social debts -€5,101
down €5,101 (-27.0%), from €18,926 to €13,824
of which Taxes: -€5,711
- Gross operating margin -€21,747
down €21,747 (-24.0%), from €90,510 to €68,763
- Taxes -€4,359
down €4,359 (-41.2%), from €10,582 to €6,224
- Staff costs +€3,660
up €3,660 (+9.5%), from €38,494 to €42,154
- Depreciation +€1,642
up €1,642 (+31.9%), from €5,140 to €6,781
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 | €148,120 | €144,821 | -€3,299 | -2.2% |
| Fixed assets | 21/28 | €23,193 | €27,951 | +€4,759 | +20.5% |
| Tangible fixed assets | 22/27 | €23,193 | €27,951 | +€4,759 | +20.5% |
| Plant, machinery and equipment | 23 | €10,932 | €10,778 | -€154 | -1.4% |
| Furniture and vehicles | 24 | €12,261 | €17,173 | +€4,912 | +40.1% |
| Current assets | 29/58 | €124,927 | €116,870 | -€8,057 | -6.4% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €124 | +€124 | |
| Other amounts receivable | 41 | €0 | €124 | +€124 | |
| Current investments | 50/53 | - | €72,400 | +€72,400 | |
| Cash at bank and in hand | 54/58 | €120,903 | €41,335 | -€79,568 | -65.8% |
| Deferred charges and accrued income | 490/1 | €2,024 | €1,011 | -€1,014 | -50.1% |
| Total equity and liabilities | 10/49 | €148,120 | €144,821 | -€3,299 | -2.2% |
| Equity | 10/15 | €94,570 | €107,542 | +€12,972 | +13.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,170 | €95,142 | +€12,972 | +15.8% |
| Distributable reserves | 133 | €82,170 | €95,142 | +€12,972 | +15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,549 | €37,279 | -€16,271 | -30.4% |
| Amounts payable within one year | 42/48 | €53,549 | €37,279 | -€16,271 | -30.4% |
| Trade debts | 44 | €10,758 | €22,942 | +€12,185 | +113% |
| Suppliers | 440/4 | €10,758 | €22,942 | +€12,185 | +113% |
| Taxes, remuneration and social security | 45 | €18,926 | €13,824 | -€5,101 | -27.0% |
| Taxes | 450/3 | €15,876 | €10,165 | -€5,711 | -36.0% |
| Remuneration and social security | 454/9 | €3,049 | €3,659 | +€610 | +20.0% |
| Other amounts payable | 47/48 | €23,866 | €512 | -€23,354 | -97.9% |
| Remuneration, social security and pensions | 62 | €38,494 | €42,154 | +€3,660 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,140 | €6,781 | +€1,642 | +31.9% |
| Other operating charges | 640/8 | €667 | €720 | +€53 | +7.9% |
| Gross operating margin | 9900 | €90,510 | €68,763 | -€21,747 | -24.0% |
| Operating profit (loss) | 9901 | €46,209 | €19,107 | -€27,102 | -58.7% |
| Financial income | 75/76B | €411 | €463 | +€52 | +12.6% |
| Recurring financial income | 75 | €411 | €463 | +€52 | +12.6% |
| Financial charges | 65/66B | €248 | €375 | +€126 | +50.9% |
| Recurring financial charges | 65 | €248 | €375 | +€126 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €46,372 | €19,196 | -€27,176 | -58.6% |
| Income taxes | 67/77 | €10,582 | €6,224 | -€4,359 | -41.2% |
| Profit (loss) for the period | 9904 | €35,790 | €12,972 | -€22,818 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,790 | €12,972 | -€22,818 | -63.8% |
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 29 October 2026 via checked.be.