LIGHT CONCEPT: what changed
Two fiscal 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.
LIGHT CONCEPT
Largest movements
- Tangible fixed assets -€5,176
down €5,176 (-38.5%), from €13,439 to €8,263
- Receivables within one year -€1,130
down €1,130 (-46.4%), from €2,437 to €1,306
of which Other amounts receivable: -€1,029
- Cash -€490
down €490 (-20.3%), from €2,406 to €1,916
mainly Other debts (-€3,778) and Trade debts (-€3,465)
- Other debts -€3,778
down €3,778 (-10.3%), from €36,840 to €33,062
- Trade debts -€3,465
down €3,465 (-57.4%), from €6,039 to €2,574
- Tax, wage and social debts +€615
up €615 (+94.4%), from €652 to €1,267
- Gross operating margin -€5,749
down €5,749 (-42.7%), from €13,478 to €7,730
- Depreciation +€3,394
up €3,394 (+190.6%), from €1,781 to €5,176
- Taxes -€2,322
down €2,322 (-68.5%), from €3,390 to €1,068
- Financial charges -€269
down €269 (-60.8%), from €443 to €173
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 | €18,911 | €12,205 | -€6,705 | -35.5% |
| Fixed assets | 21/28 | €13,464 | €8,288 | -€5,176 | -38.4% |
| Tangible fixed assets | 22/27 | €13,439 | €8,263 | -€5,176 | -38.5% |
| Furniture and vehicles | 24 | €13,439 | €8,263 | -€5,176 | -38.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €5,446 | €3,917 | -€1,530 | -28.1% |
| Amounts receivable within one year | 40/41 | €2,437 | €1,306 | -€1,130 | -46.4% |
| Trade receivables | 40 | €1,325 | €1,224 | -€101 | -7.6% |
| Other amounts receivable | 41 | €1,112 | €83 | -€1,029 | -92.6% |
| Cash at bank and in hand | 54/58 | €2,406 | €1,916 | -€490 | -20.3% |
| Deferred charges and accrued income | 490/1 | €604 | €694 | +€90 | +14.9% |
| Total equity and liabilities | 10/49 | €18,911 | €12,205 | -€6,705 | -35.5% |
| Equity | 10/15 | -€27,620 | -€27,698 | -€78 | -0.3% |
| Contributions | 10/11 | €13,640 | €13,640 | = | 0.0% |
| Reserves | 13 | €12,321 | €12,321 | = | 0.0% |
| 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 | €10,461 | €10,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,581 | -€53,659 | -€78 | -0.1% |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €43,530 | €36,903 | -€6,628 | -15.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €43,530 | €36,903 | -€6,628 | -15.2% |
| Trade debts | 44 | €6,039 | €2,574 | -€3,465 | -57.4% |
| Suppliers | 440/4 | €6,039 | €2,574 | -€3,465 | -57.4% |
| Taxes, remuneration and social security | 45 | €652 | €1,267 | +€615 | +94.4% |
| Taxes | 450/3 | €652 | €1,267 | +€615 | +94.4% |
| Other amounts payable | 47/48 | €36,840 | €33,062 | -€3,778 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,781 | €5,176 | +€3,394 | +190.6% |
| Other operating charges | 640/8 | €1,431 | €1,393 | -€37 | -2.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €13,478 | €7,730 | -€5,749 | -42.7% |
| Operating profit (loss) | 9901 | €10,266 | €1,161 | -€9,106 | -88.7% |
| Financial income | 75/76B | €119 | €3 | -€116 | -97.1% |
| Recurring financial income | 75 | €119 | €3 | -€116 | -97.1% |
| Financial charges | 65/66B | €443 | €173 | -€269 | -60.8% |
| Recurring financial charges | 65 | €443 | €173 | -€269 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €9,943 | €991 | -€8,952 | -90.0% |
| Income taxes | 67/77 | €3,390 | €1,068 | -€2,322 | -68.5% |
| Profit (loss) for the period | 9904 | €6,553 | -€78 | -€6,631 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,553 | -€78 | -€6,631 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.