LIGHTHOUSE CONSULT: 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.
LIGHTHOUSE CONSULT
Largest movements
- Cash +€56,903
up €56,903 (+19.2%), from €296,211 to €353,114
mainly Other debts (+€298,604) and Net result for the year (+€191,677)
- Other debts +€298,604
new in 2025: €298,604
- Profit (loss) carried forward -€186,326
no longer reported in 2025 (was €186,326)
- Trade debts -€56,320
down €56,320 (-71.2%), from €79,130 to €22,810
- Short-term financial debts +€6,107
up €6,107 (+62.2%), from €9,812 to €15,919
- Tax, wage and social debts -€5,459
down €5,459 (-10.3%), from €52,771 to €47,312
of which Taxes: -€6,521
- Gross operating margin +€61,557
up €61,557 (+27.4%), from €224,977 to €286,533
- Taxes +€13,734
up €13,734 (+26.9%), from €51,147 to €64,881
- Staff costs +€8,392
up €8,392 (+49.4%), from €16,998 to €25,389
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.
Derived cash bridge
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 | €331,039 | €387,646 | +€56,607 | +17.1% |
| Fixed assets | 21/28 | €2,288 | €1,477 | -€812 | -35.5% |
| Tangible fixed assets | 22/27 | €2,288 | €1,477 | -€812 | -35.5% |
| Furniture and vehicles | 24 | €2,288 | €1,477 | -€812 | -35.5% |
| Current assets | 29/58 | €328,751 | €386,169 | +€57,418 | +17.5% |
| Amounts receivable within one year | 40/41 | €32,540 | €33,055 | +€516 | +1.6% |
| Trade receivables | 40 | €12,802 | €32,113 | +€19,311 | +151% |
| Other amounts receivable | 41 | €19,738 | €943 | -€18,795 | -95.2% |
| Cash at bank and in hand | 54/58 | €296,211 | €353,114 | +€56,903 | +19.2% |
| Total equity and liabilities | 10/49 | €331,039 | €387,646 | +€56,607 | +17.1% |
| Equity | 10/15 | €189,326 | €3,000 | -€186,326 | -98.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,326 | - | -€186,326 | |
| Amounts payable | 17/49 | €141,713 | €384,646 | +€242,933 | +171% |
| Amounts payable within one year | 42/48 | €141,713 | €384,646 | +€242,933 | +171% |
| Financial debts | 43 | €9,812 | €15,919 | +€6,107 | +62.2% |
| Credit institutions | 430/8 | €9,812 | €15,919 | +€6,107 | +62.2% |
| Trade debts | 44 | €79,130 | €22,810 | -€56,320 | -71.2% |
| Suppliers | 440/4 | €79,130 | €22,810 | -€56,320 | -71.2% |
| Taxes, remuneration and social security | 45 | €52,771 | €47,312 | -€5,459 | -10.3% |
| Taxes | 450/3 | €50,518 | €43,998 | -€6,521 | -12.9% |
| Remuneration and social security | 454/9 | €2,253 | €3,315 | +€1,062 | +47.1% |
| Other amounts payable | 47/48 | - | €298,604 | +€298,604 | |
| Remuneration, social security and pensions | 62 | €16,998 | €25,389 | +€8,392 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147 | €812 | +€665 | +453% |
| Other operating charges | 640/8 | €628 | €400 | -€229 | -36.4% |
| Gross operating margin | 9900 | €224,977 | €286,533 | +€61,557 | +27.4% |
| Operating profit (loss) | 9901 | €207,203 | €259,932 | +€52,729 | +25.4% |
| Financial income | 75/76B | €453 | €2,149 | +€1,696 | +374% |
| Recurring financial income | 75 | €453 | €2,149 | +€1,696 | +374% |
| Financial charges | 65/66B | €3,398 | €5,523 | +€2,125 | +62.5% |
| Recurring financial charges | 65 | €3,398 | €5,523 | +€2,125 | +62.5% |
| Profit (loss) for the period before taxes | 9903 | €204,258 | €256,558 | +€52,300 | +25.6% |
| Income taxes | 67/77 | €51,147 | €64,881 | +€13,734 | +26.9% |
| Profit (loss) for the period | 9904 | €153,112 | €191,677 | +€38,566 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €153,112 | €191,677 | +€38,566 | +25.2% |
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 20 October 2026 via checked.be.