LIGHT & DESIGN CENTRE: 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.
What changed
LIGHT & DESIGN CENTRE
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€435,441
2024 · €242,655+€192,786
Equity
€1.7m
2024 · €1.2m+€435,441
Cash
€844,221
2024 · €292,060+€552,161
Balance sheet total
€2.0m
2024 · €1.8m+€279,190
Largest movements
Assets
- Cash +€552,161
up €552,161 (+189.1%), from €292,060 to €844,221
mainly Net result for the year (+€435,441) and Current investments (+€200,000)
- Current investments -€200,000
down €200,000 (-23.5%), from €850,000 to €650,000
- Receivables within one year -€57,010
down €57,010 (-63.5%), from €89,761 to €32,750
of which Trade receivables: -€56,950
Equity and liabilities
- Reserves +€435,441
up €435,441 (+37.2%), from €1.2m to €1.6m
of which Distributable reserves: +€435,441
- Other debts -€131,556
down €131,556 (-86.2%), from €152,539 to €20,983
- Debts after one year -€47,874
down €47,874 (-34.0%), from €140,705 to €92,830
Income statement
- Gross operating margin +€273,046
up €273,046 (+52.6%), from €519,062 to €792,108
- Taxes +€83,426
up €83,426 (+71.6%), from €116,568 to €199,995
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.
Result 2024
€242,655
Gross operating margin
+€273,046
Staff costs
-€4,111
Depreciation
+€314
Write-downs
+€259
Other operating charges
-€386
Other operating items
-€297
Financial income
+€5,417
Financial charges
+€1,970
Taxes
-€83,426
Result 2025
€435,441
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.
From operations
+€424,944
Investment
+€155,337
Financing
-€28,120
Cash 2024
€292,060
From operations (derived)
+€424,944
Net result for the year
+€435,441
Depreciation
+€53,259
Stocks and contracts
+€9,402
Receivables within one year
+€57,010
Deferred charges and accrued income
-€2,037
Trade debts
+€3,030
Tax, wage and social debts
+€395
Other debts
-€131,556
Investment (derived)
+€155,337
Investment in fixed assets (net)
-€44,663
Current investments
+€200,000
Financing
-€28,120
Debts after one year
-€47,874
Current portion of long-term debt
+€19,755
Cash 2025
€844,221
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,752,751 | €2,031,941 | +€279,190 | +15.9% |
| Fixed assets | 21/28 | €332,637 | €324,041 | -€8,596 | -2.6% |
| Tangible fixed assets | 22/27 | €332,637 | €324,041 | -€8,596 | -2.6% |
| Land and buildings | 22 | €278,661 | €243,451 | -€35,210 | -12.6% |
| Plant, machinery and equipment | 23 | €7,893 | €5,188 | -€2,704 | -34.3% |
| Furniture and vehicles | 24 | €46,083 | €75,401 | +€29,318 | +63.6% |
| Current assets | 29/58 | €1,420,114 | €1,707,900 | +€287,785 | +20.3% |
| Stocks and contracts in progress | 3 | €171,409 | €162,007 | -€9,402 | -5.5% |
| Stocks | 30/36 | €171,409 | €162,007 | -€9,402 | -5.5% |
| Amounts receivable within one year | 40/41 | €89,761 | €32,750 | -€57,010 | -63.5% |
| Trade receivables | 40 | €89,698 | €32,748 | -€56,950 | -63.5% |
| Other amounts receivable | 41 | €63 | €3 | -€60 | -95.9% |
| Current investments | 50/53 | €850,000 | €650,000 | -€200,000 | -23.5% |
| Cash at bank and in hand | 54/58 | €292,060 | €844,221 | +€552,161 | +189.1% |
| Deferred charges and accrued income | 490/1 | €16,884 | €18,921 | +€2,037 | +12.1% |
| Total equity and liabilities | 10/49 | €1,752,751 | €2,031,941 | +€279,190 | +15.9% |
| Equity | 10/15 | €1,231,802 | €1,667,243 | +€435,441 | +35.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,169,802 | €1,605,243 | +€435,441 | +37.2% |
| Non-distributable reserves | 130/1 | €17,728 | €17,728 | = | 0.0% |
| Legal reserve | 130 | €17,728 | €17,728 | = | 0.0% |
| Distributable reserves | 133 | €1,152,074 | €1,587,515 | +€435,441 | +37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €520,949 | €364,698 | -€156,251 | -30.0% |
| Amounts payable after more than one year | 17 | €140,705 | €92,830 | -€47,874 | -34.0% |
| Financial debts | 170/4 | €140,705 | €92,830 | -€47,874 | -34.0% |
| Amounts payable within one year | 42/48 | €380,244 | €271,868 | -€108,377 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €52,923 | €72,677 | +€19,755 | +37.3% |
| Trade debts | 44 | €61,523 | €64,554 | +€3,030 | +4.9% |
| Suppliers | 440/4 | €61,523 | €64,554 | +€3,030 | +4.9% |
| Taxes, remuneration and social security | 45 | €113,259 | €113,653 | +€395 | +0.3% |
| Taxes | 450/3 | €98,337 | €97,592 | -€745 | -0.8% |
| Remuneration and social security | 454/9 | €14,922 | €16,061 | +€1,140 | +7.6% |
| Other amounts payable | 47/48 | €152,539 | €20,983 | -€131,556 | -86.2% |
| Non-recurring operating income | 76A | €2,104 | €0 | -€2,104 | -100.0% |
| Remuneration, social security and pensions | 62 | €107,244 | €111,355 | +€4,111 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,573 | €53,259 | -€314 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €259 | €0 | -€259 | -100.0% |
| Other operating charges | 640/8 | €6,039 | €6,426 | +€386 | +6.4% |
| Non-recurring operating charges | 66A | - | €297 | +€297 | |
| Gross operating margin | 9900 | €519,062 | €792,108 | +€273,046 | +52.6% |
| Operating profit (loss) | 9901 | €351,946 | €620,771 | +€268,825 | +76.4% |
| Financial income | 75/76B | €15,644 | €21,061 | +€5,417 | +34.6% |
| Recurring financial income | 75 | €15,644 | €21,061 | +€5,417 | +34.6% |
| Financial charges | 65/66B | €8,367 | €6,397 | -€1,970 | -23.5% |
| Recurring financial charges | 65 | €8,367 | €6,397 | -€1,970 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €359,223 | €635,435 | +€276,212 | +76.9% |
| Income taxes | 67/77 | €116,568 | €199,995 | +€83,426 | +71.6% |
| Profit (loss) for the period | 9904 | €242,655 | €435,441 | +€192,786 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €242,655 | €435,441 | +€192,786 | +79.4% |
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 3 October 2026 via checked.be.