LIGHT HOUSE CONSULTING: what changed
What changed
LIGHT HOUSE CONSULTING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€105,831
2024 · -€39,816-€66,015
Equity
€1.6m
2024 · €1.7m-€105,831
Cash
€1,185
2024 · €7,150-€5,966
Balance sheet total
€5.3m
2024 · €3.8m+€1.5m
Largest movements
Assets
- Stocks and contracts +€1.1m
new in 2025: €1.1m
- Tangible fixed assets +€378,613
up €378,613 (+10.1%), from €3.7m to €4.1m
of which Land and buildings: +€320,541
- Receivables within one year +€68,500
up €68,500 (+175%), from €39,250 to €107,750
Equity and liabilities
- Short-term financial debts +€1.0m
up €1.0m (+2,005%), from €49,939 to €1.1m
of which Credit institutions: +€1.0m
- Debts after one year +€607,580
up €607,580 (+32.2%), from €1.9m to €2.5m
- Reserves -€105,831
down €105,831 (-6.3%), from €1.7m to €1.6m
of which Distributable reserves: -€70,530
Income statement
- Depreciation +€30,074
up €30,074 (+8.9%), from €338,847 to €368,921
- Financial charges +€17,345
up €17,345 (+18.4%), from €94,067 to €111,412
- Gross operating margin -€17,169
down €17,169 (-4.4%), from €389,824 to €372,655
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€39,816
Gross operating margin
-€17,169
Depreciation
-€30,074
Other operating charges
-€1,427
Financial charges
-€17,345
Result 2025
-€105,831
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€867,242
Investment
-€747,535
Financing
+€1.6m
Cash 2024
€7,150
From operations (derived)
-€867,242
Net result for the year
-€105,831
Depreciation
+€368,921
Stocks and contracts
-€1.1m
Receivables within one year
-€68,500
Provisions
-€11,767
Trade debts
+€10,856
Smaller working-capital items
-€3,160
Other debts
+€39,839
Investment (derived)
-€747,535
Investment in fixed assets (net)
-€747,535
Financing
+€1.6m
Debts after one year
+€607,580
Short-term financial debts
+€1.0m
Cash 2025
€1,185
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,780,941 | €5,319,689 | +€1.5m | +40.7% |
| Fixed assets | 21/28 | €3,734,541 | €4,113,154 | +€378,613 | +10.1% |
| Tangible fixed assets | 22/27 | €3,734,541 | €4,113,154 | +€378,613 | +10.1% |
| Land and buildings | 22 | €3,728,224 | €4,048,765 | +€320,541 | +8.6% |
| Plant, machinery and equipment | 23 | €6,316 | €64,389 | +€58,073 | +919% |
| Current assets | 29/58 | €46,400 | €1,206,535 | +€1.2m | +2,500% |
| Stocks and contracts in progress | 3 | - | €1,097,600 | +€1.1m | |
| Stocks | 30/36 | - | €1,097,600 | +€1.1m | |
| Amounts receivable within one year | 40/41 | €39,250 | €107,750 | +€68,500 | +175% |
| Trade receivables | 40 | €39,250 | €107,750 | +€68,500 | +175% |
| Cash at bank and in hand | 54/58 | €7,150 | €1,185 | -€5,966 | -83.4% |
| Total equity and liabilities | 10/49 | €3,780,941 | €5,319,689 | +€1.5m | +40.7% |
| Equity | 10/15 | €1,742,336 | €1,636,505 | -€105,831 | -6.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,667,336 | €1,561,505 | -€105,831 | -6.3% |
| Non-distributable reserves | 130/1 | €7,274 | €7,274 | = | 0.0% |
| Legal reserve | 130 | €7,274 | €7,274 | = | 0.0% |
| Tax-exempt reserves | 132 | €202,162 | €166,861 | -€35,301 | -17.5% |
| Distributable reserves | 133 | €1,457,901 | €1,387,371 | -€70,530 | -4.8% |
| Provisions and deferred taxes | 16 | €67,225 | €55,458 | -€11,767 | -17.5% |
| Deferred taxes | 168 | €67,225 | €55,458 | -€11,767 | -17.5% |
| Amounts payable | 17/49 | €1,971,380 | €3,627,725 | +€1.7m | +84.0% |
| Amounts payable after more than one year | 17 | €1,885,508 | €2,493,089 | +€607,580 | +32.2% |
| Financial debts | 170/4 | €1,885,508 | €2,493,089 | +€607,580 | +32.2% |
| Amounts payable within one year | 42/48 | €83,632 | €1,134,637 | +€1.1m | +1,257% |
| Financial debts | 43 | €49,939 | €1,051,170 | +€1.0m | +2,005% |
| Credit institutions | 430/8 | - | €1,000,000 | +€1.0m | |
| Other loans | 439 | €49,939 | €51,170 | +€1,231 | +2.5% |
| Trade debts | 44 | €3,433 | €14,289 | +€10,856 | +316% |
| Suppliers | 440/4 | €3,433 | €14,289 | +€10,856 | +316% |
| Taxes, remuneration and social security | 45 | €27,709 | €26,788 | -€920 | -3.3% |
| Taxes | 450/3 | €27,709 | €26,788 | -€920 | -3.3% |
| Other amounts payable | 47/48 | €2,551 | €42,389 | +€39,839 | +1,562% |
| Accrued charges and deferred income | 492/3 | €2,240 | €0 | -€2,240 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338,847 | €368,921 | +€30,074 | +8.9% |
| Other operating charges | 640/8 | €8,493 | €9,920 | +€1,427 | +16.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €389,824 | €372,655 | -€17,169 | -4.4% |
| Operating profit (loss) | 9901 | €42,484 | -€6,186 | -€48,670 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €94,067 | €111,412 | +€17,345 | +18.4% |
| Recurring financial charges | 65 | €94,067 | €111,412 | +€17,345 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | -€51,583 | -€117,598 | -€66,015 | -128% |
| Transfer from deferred taxes | 780 | €11,767 | €11,767 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€39,816 | -€105,831 | -€66,015 | -166% |
| Transfer from tax-exempt reserves | 789 | €35,301 | €35,301 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,515 | -€70,530 | -€66,015 | -1,462% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.