Ligentec: 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.
Ligentec
Largest movements
- Receivables within one year +€90,508
up €90,508 (+583.3%), from €15,516 to €106,023
of which Other amounts receivable: +€85,395
- Cash +€24,851
up €24,851 (+124.3%), from €20,000 to €44,851
mainly Trade debts (+€75,634) and Tax, wage and social debts (+€46,265)
- Deferred charges and accrued income +€5,628
up €5,628 (+995.9%), from €565 to €6,194
- Trade debts +€75,634
up €75,634 (+202.4%), from €37,372 to €113,006
- Tax, wage and social debts +€46,265
up €46,265 (+267.4%), from €17,304 to €63,569
of which Remuneration and social security: +€32,654
- Other debts -€4,505
no longer reported in 2025 (was €4,505)
- Profit (loss) carried forward +€1,956
up €1,956 (+7.1%), from -€27,710 to -€25,755
- Gross operating margin +€184,354
up €184,354 (+148.9%), from €123,804 to €308,158
- Staff costs +€154,068
up €154,068 (+102.8%), from €149,910 to €303,977
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.
Cash bridge derived
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 | €51,469 | €170,820 | +€119,351 | +231.9% |
| Fixed assets | 21/28 | €15,389 | €13,752 | -€1,636 | -10.6% |
| Tangible fixed assets | 22/27 | €4,458 | €2,822 | -€1,636 | -36.7% |
| Furniture and vehicles | 24 | €3,446 | €2,249 | -€1,197 | -34.7% |
| Other tangible fixed assets | 26 | €1,012 | €573 | -€440 | -43.4% |
| Financial fixed assets | 28 | €10,931 | €10,931 | = | 0.0% |
| Current assets | 29/58 | €36,081 | €157,068 | +€120,987 | +335.3% |
| Amounts receivable within one year | 40/41 | €15,516 | €106,023 | +€90,508 | +583.3% |
| Trade receivables | 40 | - | €5,113 | +€5,113 | |
| Other amounts receivable | 41 | €15,516 | €100,911 | +€85,395 | +550.4% |
| Cash at bank and in hand | 54/58 | €20,000 | €44,851 | +€24,851 | +124.3% |
| Deferred charges and accrued income | 490/1 | €565 | €6,194 | +€5,628 | +995.9% |
| Total equity and liabilities | 10/49 | €51,469 | €170,820 | +€119,351 | +231.9% |
| Equity | 10/15 | -€7,710 | -€5,755 | +€1,956 | +25.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,710 | -€25,755 | +€1,956 | +7.1% |
| Amounts payable | 17/49 | €59,180 | €176,574 | +€117,395 | +198.4% |
| Amounts payable within one year | 42/48 | €59,180 | €176,574 | +€117,395 | +198.4% |
| Trade debts | 44 | €37,372 | €113,006 | +€75,634 | +202.4% |
| Suppliers | 440/4 | €37,372 | €113,006 | +€75,634 | +202.4% |
| Taxes, remuneration and social security | 45 | €17,304 | €63,569 | +€46,265 | +267.4% |
| Taxes | 450/3 | - | €13,611 | +€13,611 | |
| Remuneration and social security | 454/9 | €17,304 | €49,957 | +€32,654 | +188.7% |
| Other amounts payable | 47/48 | €4,505 | - | -€4,505 | |
| Remuneration, social security and pensions | 62 | €149,910 | €303,977 | +€154,068 | +102.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €1,636 | +€40 | +2.5% |
| Other operating charges | 640/8 | - | €0 | +€0 | |
| Gross operating margin | 9900 | €123,804 | €308,158 | +€184,354 | +148.9% |
| Operating profit (loss) | 9901 | -€27,702 | €2,544 | +€30,246 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9 | €588 | +€580 | +6693.2% |
| Recurring financial charges | 65 | €9 | €588 | +€580 | +6693.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,710 | €1,956 | +€29,666 | |
| Profit (loss) for the period | 9904 | -€27,710 | €1,956 | +€29,666 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,710 | €1,956 | +€29,666 |
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 10 October 2026 via checked.be.