LIGHT CONSTRUCT: 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 CONSTRUCT
Largest movements
- Cash +€36,155
up €36,155 (+236.2%), from €15,310 to €51,465
mainly Investment in fixed assets (net) (+€39,973) and Net result for the year (+€12,110)
- Tangible fixed assets -€35,033
no longer reported in 2025 (was €35,033)
of which Furniture and vehicles: -€32,474
- Receivables within one year +€32,422
up €32,422 (+240.1%), from €13,502 to €45,924
of which Trade receivables: +€32,027
- Financial fixed assets -€4,940
down €4,940 (-100.0%), from €4,940 to €0
- Profit (loss) carried forward +€12,110
up €12,110 (+47.9%), from €25,293 to €37,403
- Tax, wage and social debts +€9,000
new in 2025: €9,000
- Trade debts +€8,059
up €8,059 (+555.0%), from €1,452 to €9,511
- Gross operating margin +€39,014
up €39,014 (+537.1%), from €7,264 to €46,278
- Other operating charges +€15,538
up €15,538 (+2017.9%), from €770 to €16,308
- Taxes +€8,830
up €8,830 (+3076.7%), from €287 to €9,117
- Depreciation -€4,443
no longer reported in 2025 (was €4,443)
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 | €70,005 | €99,174 | +€29,169 | +41.7% |
| Fixed assets | 21/28 | €39,973 | €0 | -€39,973 | -100.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €35,033 | - | -€35,033 | |
| Plant, machinery and equipment | 23 | €2,559 | - | -€2,559 | |
| Furniture and vehicles | 24 | €32,474 | - | -€32,474 | |
| Financial fixed assets | 28 | €4,940 | €0 | -€4,940 | -100.0% |
| Current assets | 29/58 | €30,032 | €99,174 | +€69,142 | +230.2% |
| Amounts receivable within one year | 40/41 | €13,502 | €45,924 | +€32,422 | +240.1% |
| Trade receivables | 40 | €11,007 | €43,034 | +€32,027 | +291.0% |
| Other amounts receivable | 41 | €2,495 | €2,890 | +€395 | +15.8% |
| Cash at bank and in hand | 54/58 | €15,310 | €51,465 | +€36,155 | +236.2% |
| Deferred charges and accrued income | 490/1 | €1,220 | €1,785 | +€565 | +46.3% |
| Total equity and liabilities | 10/49 | €70,005 | €99,174 | +€29,169 | +41.7% |
| Equity | 10/15 | €68,553 | €80,663 | +€12,110 | +17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,660 | €24,660 | = | 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% |
| Distributable reserves | 133 | €22,800 | €22,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,293 | €37,403 | +€12,110 | +47.9% |
| Amounts payable | 17/49 | €1,452 | €18,511 | +€17,059 | +1174.9% |
| Amounts payable within one year | 42/48 | €1,452 | €18,511 | +€17,059 | +1174.9% |
| Trade debts | 44 | €1,452 | €9,511 | +€8,059 | +555.0% |
| Suppliers | 440/4 | €1,452 | €9,511 | +€8,059 | +555.0% |
| Taxes, remuneration and social security | 45 | - | €9,000 | +€9,000 | |
| Taxes | 450/3 | - | €9,000 | +€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,443 | - | -€4,443 | |
| Other operating charges | 640/8 | €770 | €16,308 | +€15,538 | +2017.9% |
| Non-recurring operating charges | 66A | €105 | €8,471 | +€8,366 | +7967.6% |
| Gross operating margin | 9900 | €7,264 | €46,278 | +€39,014 | +537.1% |
| Operating profit (loss) | 9901 | €1,946 | €21,499 | +€19,553 | +1004.8% |
| Financial charges | 65/66B | €361 | €272 | -€89 | -24.7% |
| Recurring financial charges | 65 | €361 | €272 | -€89 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €1,585 | €21,227 | +€19,642 | +1239.2% |
| Income taxes | 67/77 | €287 | €9,117 | +€8,830 | +3076.7% |
| Profit (loss) for the period | 9904 | €1,298 | €12,110 | +€10,812 | +833.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,298 | €12,110 | +€10,812 | +833.0% |
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 4 October 2026 via checked.be.