Lightcone: 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.
Lightcone
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€24,174
down €24,174 (-30.8%), from €78,403 to €54,229
mainly Current investments (-€75,000) and Other debts (-€9,274)
- Receivables within one year +€2,033
up €2,033 (+14.8%), from €13,741 to €15,774
- Reserves +€59,488
up €59,488 (+99.5%), from €59,795 to €119,283
- Other debts -€9,274
down €9,274 (-96.3%), from €9,630 to €355
- Gross operating margin +€2,306
up €2,306 (+3.1%), from €73,842 to €76,148
- Other operating charges -€899
down €899 (-96.6%), from €931 to €32
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 | €94,344 | €145,540 | +€51,197 | +54.3% |
| Fixed assets | 21/28 | €1,395 | €79 | -€1,316 | -94.3% |
| Tangible fixed assets | 22/27 | €1,395 | €79 | -€1,316 | -94.3% |
| Furniture and vehicles | 24 | €1,395 | €79 | -€1,316 | -94.3% |
| Current assets | 29/58 | €92,949 | €145,461 | +€52,512 | +56.5% |
| Amounts receivable within one year | 40/41 | €13,741 | €15,774 | +€2,033 | +14.8% |
| Trade receivables | 40 | €13,741 | €15,774 | +€2,033 | +14.8% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €78,403 | €54,229 | -€24,174 | -30.8% |
| Deferred charges and accrued income | 490/1 | €805 | €458 | -€347 | -43.1% |
| Total equity and liabilities | 10/49 | €94,344 | €145,540 | +€51,197 | +54.3% |
| Equity | 10/15 | €60,795 | €120,283 | +€59,488 | +97.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €59,795 | €119,283 | +€59,488 | +99.5% |
| Distributable reserves | 133 | €59,795 | €119,283 | +€59,488 | +99.5% |
| Amounts payable | 17/49 | €33,549 | €25,257 | -€8,291 | -24.7% |
| Amounts payable within one year | 42/48 | €33,549 | €25,257 | -€8,291 | -24.7% |
| Financial debts | 43 | €78 | €0 | -€78 | -100.0% |
| Credit institutions | 430/8 | €78 | €0 | -€78 | -100.0% |
| Trade debts | 44 | €658 | €732 | +€74 | +11.2% |
| Suppliers | 440/4 | €658 | €732 | +€74 | +11.2% |
| Taxes, remuneration and social security | 45 | €23,182 | €24,170 | +€988 | +4.3% |
| Taxes | 450/3 | €23,182 | €24,170 | +€988 | +4.3% |
| Other amounts payable | 47/48 | €9,630 | €355 | -€9,274 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,236 | €1,316 | +€79 | +6.4% |
| Other operating charges | 640/8 | €931 | €32 | -€899 | -96.6% |
| Gross operating margin | 9900 | €73,842 | €76,148 | +€2,306 | +3.1% |
| Operating profit (loss) | 9901 | €71,675 | €74,800 | +€3,125 | +4.4% |
| Financial income | 75/76B | €33 | €0 | -€33 | -100.0% |
| Recurring financial income | 75 | €33 | €0 | -€33 | -100.0% |
| Financial charges | 65/66B | €69 | €139 | +€70 | +102.2% |
| Recurring financial charges | 65 | €69 | €139 | +€70 | +102.2% |
| Profit (loss) for the period before taxes | 9903 | €71,640 | €74,662 | +€3,022 | +4.2% |
| Income taxes | 67/77 | €14,603 | €15,174 | +€571 | +3.9% |
| Profit (loss) for the period | 9904 | €57,037 | €59,488 | +€2,451 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,037 | €59,488 | +€2,451 | +4.3% |
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.