LIGHTHOUSE PRODUCTION: 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.
LIGHTHOUSE PRODUCTION
Largest movements
- Receivables within one year -€129,692
down €129,692 (-92.8%), from €139,692 to €10,000
of which Trade receivables: -€139,167
- Cash -€63,860
down €63,860 (-52.1%), from €122,642 to €58,782
mainly Other debts (-€76,500) and Trade debts (-€52,415)
- Deferred charges and accrued income -€3,676
down €3,676 (-99.7%), from €3,688 to €11
- Other debts -€76,500
down €76,500 (-75.0%), from €102,000 to €25,500
- Trade debts -€52,415
down €52,415 (-99.8%), from €52,501 to €86
- Tax, wage and social debts -€31,063
down €31,063 (-75.2%), from €41,292 to €10,229
of which Taxes: -€29,543
- Profit (loss) carried forward -€28,125
down €28,125 (-55.6%), from €50,568 to €22,443
- Short-term financial debts -€5,560
down €5,560 (-28.8%), from €19,320 to €13,760
- Gross operating margin -€53,371
down €53,371 (-78.0%), from €68,383 to €15,012
- Taxes -€2,251
down €2,251 (-23.9%), from €9,401 to €7,150
- Other operating charges -€1,090
down €1,090 (-72.4%), from €1,506 to €416
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 | €273,935 | €74,981 | -€198,954 | -72.6% |
| Fixed assets | 21/28 | €7,913 | €6,187 | -€1,726 | -21.8% |
| Tangible fixed assets | 22/27 | €7,913 | €6,187 | -€1,726 | -21.8% |
| Plant, machinery and equipment | 23 | €2,687 | €4,461 | +€1,774 | +66.0% |
| Furniture and vehicles | 24 | €5,226 | €1,726 | -€3,500 | -67.0% |
| Current assets | 29/58 | €266,022 | €68,794 | -€197,228 | -74.1% |
| Amounts receivable within one year | 40/41 | €139,692 | €10,000 | -€129,692 | -92.8% |
| Trade receivables | 40 | €139,167 | - | -€139,167 | |
| Other amounts receivable | 41 | €525 | €10,000 | +€9,475 | +1804.8% |
| Cash at bank and in hand | 54/58 | €122,642 | €58,782 | -€63,860 | -52.1% |
| Deferred charges and accrued income | 490/1 | €3,688 | €11 | -€3,676 | -99.7% |
| Total equity and liabilities | 10/49 | €273,935 | €74,981 | -€198,954 | -72.6% |
| Equity | 10/15 | €52,568 | €24,443 | -€28,125 | -53.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,568 | €22,443 | -€28,125 | -55.6% |
| Amounts payable | 17/49 | €221,367 | €50,538 | -€170,829 | -77.2% |
| Amounts payable within one year | 42/48 | €215,113 | €49,575 | -€165,538 | -77.0% |
| Financial debts | 43 | €19,320 | €13,760 | -€5,560 | -28.8% |
| Credit institutions | 430/8 | €19,320 | €13,760 | -€5,560 | -28.8% |
| Trade debts | 44 | €52,501 | €86 | -€52,415 | -99.8% |
| Suppliers | 440/4 | €52,501 | €86 | -€52,415 | -99.8% |
| Taxes, remuneration and social security | 45 | €41,292 | €10,229 | -€31,063 | -75.2% |
| Taxes | 450/3 | €39,772 | €10,229 | -€29,543 | -74.3% |
| Remuneration and social security | 454/9 | €1,520 | - | -€1,520 | |
| Other amounts payable | 47/48 | €102,000 | €25,500 | -€76,500 | -75.0% |
| Accrued charges and deferred income | 492/3 | €6,254 | €963 | -€5,291 | -84.6% |
| Remuneration, social security and pensions | 62 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,109 | €5,014 | -€95 | -1.9% |
| Other operating charges | 640/8 | €1,506 | €416 | -€1,090 | -72.4% |
| Gross operating margin | 9900 | €68,383 | €15,012 | -€53,371 | -78.0% |
| Operating profit (loss) | 9901 | €61,768 | €9,281 | -€52,487 | -85.0% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €180 | €256 | +€76 | +42.0% |
| Recurring financial charges | 65 | €180 | €256 | +€76 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €61,627 | €9,025 | -€52,602 | -85.4% |
| Income taxes | 67/77 | €9,401 | €7,150 | -€2,251 | -23.9% |
| Profit (loss) for the period | 9904 | €52,226 | €1,875 | -€50,351 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,226 | €1,875 | -€50,351 | -96.4% |
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 7 October 2026 via checked.be.