LIGHTEC EUROPE: what changed
LIGHTEC EUROPE
Largest movements
- Receivables within one year +€70,550
up €70,550 (+37.6%), from €187,709 to €258,259
of which Trade receivables: +€69,051
- Tangible fixed assets +€45,771
new in 2025: €45,771
- Cash -€20,916
down €20,916 (-49.2%), from €42,552 to €21,636
mainly Receivables within one year (-€70,550) and Investment in fixed assets (net) (-€51,743)
- Reserves +€40,514
up €40,514 (+24.0%), from €168,807 to €209,321
of which Distributable reserves: +€40,514
- Short-term financial debts +€25,000
new in 2025: €25,000
- Trade debts +€19,337
up €19,337 (+796%), from €2,429 to €21,766
- Tax, wage and social debts +€11,068
new in 2025: €11,068
- Gross operating margin +€51,161
up €51,161 (+258%), from €19,864 to €71,025
- Taxes +€14,633
up €14,633 (+303%), from €4,834 to €19,468
- Depreciation +€5,971
new in 2025: €5,971
- Financial charges -€3,085
down €3,085 (-39.7%), from €7,781 to €4,696
- Other operating charges +€988
up €988 (+102%), from €967 to €1,955
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,986 | €331,922 | +€95,935 | +40.7% |
| Fixed assets | 21/28 | €2,310 | €48,081 | +€45,771 | +1,981% |
| Tangible fixed assets | 22/27 | - | €45,771 | +€45,771 | |
| Furniture and vehicles | 24 | - | €45,771 | +€45,771 | |
| Financial fixed assets | 28 | €2,310 | €2,310 | = | 0.0% |
| Current assets | 29/58 | €233,676 | €283,840 | +€50,164 | +21.5% |
| Amounts receivable within one year | 40/41 | €187,709 | €258,259 | +€70,550 | +37.6% |
| Trade receivables | 40 | €76,676 | €145,727 | +€69,051 | +90.1% |
| Other amounts receivable | 41 | €111,032 | €112,532 | +€1,499 | +1.4% |
| Cash at bank and in hand | 54/58 | €42,552 | €21,636 | -€20,916 | -49.2% |
| Deferred charges and accrued income | 490/1 | €3,415 | €3,945 | +€530 | +15.5% |
| Total equity and liabilities | 10/49 | €235,986 | €331,922 | +€95,935 | +40.7% |
| Equity | 10/15 | €230,307 | €270,821 | +€40,514 | +17.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €168,807 | €209,321 | +€40,514 | +24.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €162,657 | €203,171 | +€40,514 | +24.9% |
| Amounts payable | 17/49 | €5,679 | €61,100 | +€55,421 | +976% |
| Amounts payable within one year | 42/48 | €5,679 | €61,100 | +€55,421 | +976% |
| Current portion of amounts payable after more than one year | 42 | €3,250 | €3,266 | +€16 | +0.5% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €2,429 | €21,766 | +€19,337 | +796% |
| Suppliers | 440/4 | €2,429 | €21,766 | +€19,337 | +796% |
| Taxes, remuneration and social security | 45 | - | €11,068 | +€11,068 | |
| Taxes | 450/3 | - | €11,068 | +€11,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,971 | +€5,971 | |
| Other operating charges | 640/8 | €967 | €1,955 | +€988 | +102% |
| Gross operating margin | 9900 | €19,864 | €71,025 | +€51,161 | +258% |
| Operating profit (loss) | 9901 | €18,897 | €63,099 | +€44,202 | +234% |
| Financial income | 75/76B | €1,222 | €1,579 | +€357 | +29.2% |
| Recurring financial income | 75 | €1,222 | €1,579 | +€357 | +29.2% |
| Financial charges | 65/66B | €7,781 | €4,696 | -€3,085 | -39.7% |
| Recurring financial charges | 65 | €7,781 | €4,696 | -€3,085 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €12,338 | €59,982 | +€47,644 | +386% |
| Income taxes | 67/77 | €4,834 | €19,468 | +€14,633 | +303% |
| Profit (loss) for the period | 9904 | €7,503 | €40,514 | +€33,011 | +440% |
| Profit (loss) for the period to be appropriated | 9905 | €7,503 | €40,514 | +€33,011 | +440% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.