Light & Life Services: 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 & Life Services
Largest movements
- Receivables within one year -€55,870
down €55,870 (-63.6%), from €87,805 to €31,935
of which Trade receivables: -€65,921
- Tangible fixed assets -€8,980
down €8,980 (-36.0%), from €24,963 to €15,983
- Cash +€7,699
up €7,699 (+73.5%), from €10,475 to €18,174
mainly Receivables within one year (+€55,870) and Depreciation (+€8,980)
- Trade debts -€64,168
down €64,168 (-78.5%), from €81,711 to €17,543
- Profit (loss) carried forward +€7,058
up €7,058 (+76.5%), from €9,230 to €16,288
- Current portion of long-term debt +€6,908
up €6,908 (+201.5%), from €3,429 to €10,337
- Debts after one year -€3,570
down €3,570 (-15.5%), from €23,013 to €19,443
- Tax, wage and social debts -€2,860
down €2,860 (-100.0%), from €2,860 to €0
- Gross operating margin +€9,752
up €9,752 (+63.2%), from €15,422 to €25,174
- Depreciation +€7,003
up €7,003 (+354.2%), from €1,977 to €8,980
- Financial charges +€2,977
up €2,977 (+213.6%), from €1,394 to €4,371
- Taxes +€1,731
up €1,731 (+60.5%), from €2,860 to €4,591
- Other operating charges +€546
new in 2025: €546
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 | €123,243 | €66,610 | -€56,633 | -46.0% |
| Fixed assets | 21/28 | €24,963 | €15,983 | -€8,980 | -36.0% |
| Tangible fixed assets | 22/27 | €24,963 | €15,983 | -€8,980 | -36.0% |
| Furniture and vehicles | 24 | €24,963 | €15,983 | -€8,980 | -36.0% |
| Current assets | 29/58 | €98,280 | €50,628 | -€47,653 | -48.5% |
| Amounts receivable within one year | 40/41 | €87,805 | €31,935 | -€55,870 | -63.6% |
| Trade receivables | 40 | €84,643 | €18,722 | -€65,921 | -77.9% |
| Other amounts receivable | 41 | €3,162 | €13,213 | +€10,051 | +317.9% |
| Cash at bank and in hand | 54/58 | €10,475 | €18,174 | +€7,699 | +73.5% |
| Deferred charges and accrued income | 490/1 | - | €518 | +€518 | |
| Total equity and liabilities | 10/49 | €123,243 | €66,610 | -€56,633 | -46.0% |
| Equity | 10/15 | €12,230 | €19,288 | +€7,058 | +57.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,230 | €16,288 | +€7,058 | +76.5% |
| Amounts payable | 17/49 | €111,013 | €47,323 | -€63,690 | -57.4% |
| Amounts payable after more than one year | 17 | €23,013 | €19,443 | -€3,570 | -15.5% |
| Financial debts | 170/4 | €23,013 | €19,443 | -€3,570 | -15.5% |
| Amounts payable within one year | 42/48 | €88,000 | €27,880 | -€60,120 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €3,429 | €10,337 | +€6,908 | +201.5% |
| Trade debts | 44 | €81,711 | €17,543 | -€64,168 | -78.5% |
| Suppliers | 440/4 | €81,711 | €17,543 | -€64,168 | -78.5% |
| Taxes, remuneration and social security | 45 | €2,860 | €0 | -€2,860 | -100.0% |
| Taxes | 450/3 | €2,860 | €0 | -€2,860 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,977 | €8,980 | +€7,003 | +354.2% |
| Other operating charges | 640/8 | - | €546 | +€546 | |
| Gross operating margin | 9900 | €15,422 | €25,174 | +€9,752 | +63.2% |
| Operating profit (loss) | 9901 | €13,445 | €15,648 | +€2,202 | +16.4% |
| Financial income | 75/76B | €38 | €372 | +€334 | +869.6% |
| Recurring financial income | 75 | €38 | €372 | +€334 | +869.6% |
| Financial charges | 65/66B | €1,394 | €4,371 | +€2,977 | +213.6% |
| Recurring financial charges | 65 | €1,394 | €4,371 | +€2,977 | +213.6% |
| Profit (loss) for the period before taxes | 9903 | €12,090 | €11,649 | -€441 | -3.7% |
| Income taxes | 67/77 | €2,860 | €4,591 | +€1,731 | +60.5% |
| Profit (loss) for the period | 9904 | €9,230 | €7,058 | -€2,172 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,230 | €7,058 | -€2,172 | -23.5% |
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 7 October 2026 via checked.be.