Lightbold: what changed
Two financial 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.
Lightbold
Largest movements
- Cash +€80,397
up €80,397 (+65.6%), from €122,578 to €202,975
mainly Net result for the year (+€70,978) and Receivables within one year (+€18,357)
- Receivables within one year -€18,357
down €18,357 (-27.3%), from €67,141 to €48,784
of which Trade receivables: -€20,062
- Deferred charges and accrued income -€12,715
down €12,715 (-76.9%), from €16,535 to €3,821
- Tangible fixed assets -€10,658
down €10,658 (-22.4%), from €47,621 to €36,963
- Profit (loss) carried forward +€70,978
up €70,978 (+42.2%), from €168,297 to €239,276
- Tax, wage and social debts -€25,813
down €25,813 (-55.0%), from €46,919 to €21,107
- Other debts -€4,669
down €4,669 (-42.6%), from €10,953 to €6,284
- Gross operating margin +€8,215
up €8,215 (+8.7%), from €94,171 to €102,386
- Taxes +€4,136
up €4,136 (+29.2%), from €14,158 to €18,294
- Depreciation +€1,940
up €1,940 (+19.6%), from €9,916 to €11,856
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 | €253,875 | €292,542 | +€38,667 | +15.2% |
| Fixed assets | 21/28 | €47,621 | €36,963 | -€10,658 | -22.4% |
| Tangible fixed assets | 22/27 | €47,621 | €36,963 | -€10,658 | -22.4% |
| Furniture and vehicles | 24 | €47,621 | €36,963 | -€10,658 | -22.4% |
| Current assets | 29/58 | €206,254 | €255,580 | +€49,326 | +23.9% |
| Amounts receivable within one year | 40/41 | €67,141 | €48,784 | -€18,357 | -27.3% |
| Trade receivables | 40 | €63,799 | €43,737 | -€20,062 | -31.4% |
| Other amounts receivable | 41 | €3,342 | €5,047 | +€1,706 | +51.0% |
| Cash at bank and in hand | 54/58 | €122,578 | €202,975 | +€80,397 | +65.6% |
| Deferred charges and accrued income | 490/1 | €16,535 | €3,821 | -€12,715 | -76.9% |
| Total equity and liabilities | 10/49 | €253,875 | €292,542 | +€38,667 | +15.2% |
| Equity | 10/15 | €186,128 | €257,106 | +€70,978 | +38.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,830 | €15,830 | = | 0.0% |
| Distributable reserves | 133 | €15,830 | €15,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,297 | €239,276 | +€70,978 | +42.2% |
| Amounts payable | 17/49 | €67,747 | €35,437 | -€32,311 | -47.7% |
| Amounts payable within one year | 42/48 | €65,040 | €32,419 | -€32,621 | -50.2% |
| Trade debts | 44 | €7,167 | €5,028 | -€2,139 | -29.8% |
| Suppliers | 440/4 | €7,167 | €5,028 | -€2,139 | -29.8% |
| Taxes, remuneration and social security | 45 | €46,919 | €21,107 | -€25,813 | -55.0% |
| Taxes | 450/3 | €46,919 | €21,107 | -€25,813 | -55.0% |
| Other amounts payable | 47/48 | €10,953 | €6,284 | -€4,669 | -42.6% |
| Accrued charges and deferred income | 492/3 | €2,708 | €3,018 | +€310 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,916 | €11,856 | +€1,940 | +19.6% |
| Other operating charges | 640/8 | €126 | €400 | +€274 | +217.2% |
| Gross operating margin | 9900 | €94,171 | €102,386 | +€8,215 | +8.7% |
| Operating profit (loss) | 9901 | €84,129 | €90,131 | +€6,001 | +7.1% |
| Financial income | 75/76B | €2 | €9 | +€7 | +306.1% |
| Recurring financial income | 75 | €2 | €9 | +€7 | +306.1% |
| Financial charges | 65/66B | €957 | €868 | -€89 | -9.3% |
| Recurring financial charges | 65 | €957 | €868 | -€89 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €83,175 | €89,272 | +€6,098 | +7.3% |
| Income taxes | 67/77 | €14,158 | €18,294 | +€4,136 | +29.2% |
| Profit (loss) for the period | 9904 | €69,016 | €70,978 | +€1,962 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,016 | €70,978 | +€1,962 | +2.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.