LIGHTHOUSE MEDIA: 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 MEDIA
Largest movements
- Tangible fixed assets -€6,452
down €6,452 (-38.1%), from €16,939 to €10,487
- Cash -€6,085
down €6,085 (-16.4%), from €37,055 to €30,970
mainly Tax, wage and social debts (-€12,943) and Other debts (-€5,687)
- Receivables within one year -€2,360
down €2,360 (-2.6%), from €89,864 to €87,504
of which Trade receivables: -€11,220
- Financial fixed assets -€1,800
down €1,800 (-60.8%), from €2,960 to €1,160
- Reserves +€42,640
new in 2025: €42,640
of which Distributable reserves: +€27,640
- Profit (loss) carried forward -€40,430
no longer reported in 2025 (was €40,430)
- Tax, wage and social debts -€12,943
down €12,943 (-63.5%), from €20,370 to €7,426
of which Taxes: -€9,118
- Other debts -€5,687
no longer reported in 2025 (was €5,687)
- Gross operating margin +€4,449
up €4,449 (+66.1%), from €6,734 to €11,183
- Depreciation +€4,289
up €4,289 (+149%), from €2,882 to €7,172
- Other operating charges +€112
up €112 (+29.0%), from €387 to €500
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 | €146,818 | €130,120 | -€16,698 | -11.4% |
| Fixed assets | 21/28 | €19,899 | €11,647 | -€8,252 | -41.5% |
| Tangible fixed assets | 22/27 | €16,939 | €10,487 | -€6,452 | -38.1% |
| Plant, machinery and equipment | 23 | €16,939 | €10,487 | -€6,452 | -38.1% |
| Financial fixed assets | 28 | €2,960 | €1,160 | -€1,800 | -60.8% |
| Current assets | 29/58 | €126,919 | €118,474 | -€8,446 | -6.7% |
| Amounts receivable within one year | 40/41 | €89,864 | €87,504 | -€2,360 | -2.6% |
| Trade receivables | 40 | €81,691 | €70,471 | -€11,220 | -13.7% |
| Other amounts receivable | 41 | €8,173 | €17,033 | +€8,860 | +108% |
| Cash at bank and in hand | 54/58 | €37,055 | €30,970 | -€6,085 | -16.4% |
| Total equity and liabilities | 10/49 | €146,818 | €130,120 | -€16,698 | -11.4% |
| Equity | 10/15 | €120,430 | €122,640 | +€2,210 | +1.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Uncalled capital | 101 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | - | €42,640 | +€42,640 | |
| Non-distributable reserves | 130/1 | - | €15,000 | +€15,000 | |
| Legal reserve | 130 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €27,640 | +€27,640 | |
| Profit (loss) carried forward | 14 | €40,430 | - | -€40,430 | |
| Amounts payable | 17/49 | €26,388 | €7,480 | -€18,908 | -71.7% |
| Amounts payable within one year | 42/48 | €26,388 | €7,480 | -€18,908 | -71.7% |
| Trade debts | 44 | €331 | €54 | -€278 | -83.8% |
| Suppliers | 440/4 | €331 | €54 | -€278 | -83.8% |
| Taxes, remuneration and social security | 45 | €20,370 | €7,426 | -€12,943 | -63.5% |
| Taxes | 450/3 | €14,070 | €4,951 | -€9,118 | -64.8% |
| Remuneration and social security | 454/9 | €6,300 | €2,475 | -€3,825 | -60.7% |
| Other amounts payable | 47/48 | €5,687 | - | -€5,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,882 | €7,172 | +€4,289 | +149% |
| Other operating charges | 640/8 | €387 | €500 | +€112 | +29.0% |
| Gross operating margin | 9900 | €6,734 | €11,183 | +€4,449 | +66.1% |
| Operating profit (loss) | 9901 | €3,464 | €3,511 | +€47 | +1.4% |
| Financial income | 75/76B | €125 | €18 | -€108 | -86.0% |
| Recurring financial income | 75 | €125 | €18 | -€108 | -86.0% |
| Financial charges | 65/66B | €341 | €247 | -€94 | -27.6% |
| Recurring financial charges | 65 | €341 | €247 | -€94 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €3,248 | €3,282 | +€34 | +1.0% |
| Income taxes | 67/77 | €962 | €1,072 | +€110 | +11.4% |
| Profit (loss) for the period | 9904 | €2,286 | €2,210 | -€76 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,286 | €2,210 | -€76 | -3.3% |
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 13 October 2026 via checked.be.