LIGAS BATIMENT: 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.
LIGAS BATIMENT
Largest movements
- Cash +€44,720
up €44,720 (+310%), from €14,429 to €59,149
mainly Net result for the year (+€27,221) and Trade debts (+€14,189)
- Receivables within one year +€12,099
up €12,099 (+27.8%), from €43,537 to €55,636
of which Trade receivables: +€10,911
- Tangible fixed assets -€1,954
down €1,954 (-37.5%), from €5,209 to €3,254
of which Furniture and vehicles: -€1,294
- Deferred charges and accrued income -€1,295
down €1,295 (-74.8%), from €1,732 to €437
- Profit (loss) carried forward +€27,221
up €27,221 (+70.4%), from €38,657 to €65,878
- Trade debts +€14,189
up €14,189 (+376%), from €3,773 to €17,961
- Tax, wage and social debts +€6,197
up €6,197 (+53.1%), from €11,676 to €17,873
of which Taxes: +€6,197
- Other debts +€5,964
new in 2025: €5,964
- Gross operating margin +€41,992
up €41,992 (+616%), from €6,813 to €48,806
- Taxes +€6,473
up €6,473 (+597%), from €1,084 to €7,557
- Write-downs +€5,549
new in 2025: €5,549
- Financial charges +€3,210
up €3,210 (+261%), from €1,230 to €4,440
- Depreciation +€1,093
up €1,093 (+127%), from €862 to €1,954
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 | €65,166 | €118,736 | +€53,570 | +82.2% |
| Fixed assets | 21/28 | €5,469 | €3,514 | -€1,954 | -35.7% |
| Tangible fixed assets | 22/27 | €5,209 | €3,254 | -€1,954 | -37.5% |
| Plant, machinery and equipment | 23 | €1,527 | €867 | -€660 | -43.2% |
| Furniture and vehicles | 24 | €3,682 | €2,387 | -€1,294 | -35.2% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €59,697 | €115,222 | +€55,525 | +93.0% |
| Amounts receivable within one year | 40/41 | €43,537 | €55,636 | +€12,099 | +27.8% |
| Trade receivables | 40 | €41,730 | €52,641 | +€10,911 | +26.1% |
| Other amounts receivable | 41 | €1,807 | €2,995 | +€1,188 | +65.8% |
| Cash at bank and in hand | 54/58 | €14,429 | €59,149 | +€44,720 | +310% |
| Deferred charges and accrued income | 490/1 | €1,732 | €437 | -€1,295 | -74.8% |
| Total equity and liabilities | 10/49 | €65,166 | €118,736 | +€53,570 | +82.2% |
| Equity | 10/15 | €49,717 | €76,938 | +€27,221 | +54.8% |
| Contributions | 10/11 | €11,060 | €11,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,657 | €65,878 | +€27,221 | +70.4% |
| Amounts payable | 17/49 | €15,449 | €41,798 | +€26,349 | +171% |
| Amounts payable within one year | 42/48 | €15,449 | €41,798 | +€26,349 | +171% |
| Trade debts | 44 | €3,773 | €17,961 | +€14,189 | +376% |
| Suppliers | 440/4 | €3,773 | €17,961 | +€14,189 | +376% |
| Taxes, remuneration and social security | 45 | €11,676 | €17,873 | +€6,197 | +53.1% |
| Taxes | 450/3 | €2,776 | €8,973 | +€6,197 | +223% |
| Remuneration and social security | 454/9 | €8,900 | €8,900 | = | 0.0% |
| Other amounts payable | 47/48 | - | €5,964 | +€5,964 | |
| Non-recurring operating income | 76A | - | €441 | +€441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €862 | €1,954 | +€1,093 | +127% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,549 | +€5,549 | |
| Other operating charges | 640/8 | €2,075 | €1,124 | -€951 | -45.8% |
| Non-recurring operating charges | 66A | - | €1,027 | +€1,027 | |
| Gross operating margin | 9900 | €6,813 | €48,806 | +€41,992 | +616% |
| Operating profit (loss) | 9901 | €3,877 | €39,152 | +€35,275 | +910% |
| Financial income | 75/76B | €17 | €65 | +€48 | +283% |
| Recurring financial income | 75 | €17 | €65 | +€48 | +283% |
| Financial charges | 65/66B | €1,230 | €4,440 | +€3,210 | +261% |
| Recurring financial charges | 65 | €1,230 | €4,440 | +€3,210 | +261% |
| Profit (loss) for the period before taxes | 9903 | €2,664 | €34,777 | +€32,113 | +1,205% |
| Income taxes | 67/77 | €1,084 | €7,557 | +€6,473 | +597% |
| Profit (loss) for the period | 9904 | €1,581 | €27,221 | +€25,640 | +1,622% |
| Profit (loss) for the period to be appropriated | 9905 | €1,581 | €27,221 | +€25,640 | +1,622% |
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.