LIGHTING PARTNERS: 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.
LIGHTING PARTNERS
Largest movements
- Receivables within one year -€24,830
down €24,830 (-40.7%), from €61,062 to €36,232
of which Trade receivables: -€15,458
- Tangible fixed assets -€24,410
down €24,410 (-21.6%), from €113,068 to €88,659
of which Land and buildings: -€14,040
- Cash +€8,879
up €8,879 (+563%), from €1,577 to €10,457
mainly Other debts (+€105,000) and Trade debts (+€76,129)
- Profit (loss) carried forward -€170,909
down €170,909 (-44.6%), from -€382,892 to -€553,801
- Other debts +€105,000
up €105,000 (+58.8%), from €178,500 to €283,500
- Trade debts +€76,129
up €76,129 (+47.6%), from €159,845 to €235,974
- Debts after one year -€48,681
down €48,681 (-88.8%), from €54,821 to €6,140
- Tax, wage and social debts -€17,400
down €17,400 (-100%), from €17,400 to €0
of which Taxes: -€12,779
- Staff costs -€51,670
down €51,670 (-99.6%), from €51,893 to €223
- Gross operating margin +€25,180
up €25,180 (+15.1%), from -€166,432 to -€141,252
- Financial income -€18,693
down €18,693 (-96.4%), from €19,389 to €696
- Financial charges -€13,300
down €13,300 (-92.7%), from €14,342 to €1,042
- Write-downs -€3,856
down €3,856 (-100%), from €3,856 to €0
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 | €175,707 | €136,665 | -€39,042 | -22.2% |
| Fixed assets | 21/28 | €113,068 | €88,659 | -€24,410 | -21.6% |
| Tangible fixed assets | 22/27 | €113,068 | €88,659 | -€24,410 | -21.6% |
| Land and buildings | 22 | €99,442 | €85,402 | -€14,040 | -14.1% |
| Plant, machinery and equipment | 23 | €12,596 | €2,664 | -€9,932 | -78.9% |
| Furniture and vehicles | 24 | €1,031 | €593 | -€438 | -42.5% |
| Current assets | 29/58 | €62,639 | €48,007 | -€14,632 | -23.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €61,062 | €36,232 | -€24,830 | -40.7% |
| Trade receivables | 40 | €23,046 | €7,588 | -€15,458 | -67.1% |
| Other amounts receivable | 41 | €38,016 | €28,644 | -€9,372 | -24.7% |
| Cash at bank and in hand | 54/58 | €1,577 | €10,457 | +€8,879 | +563% |
| Deferred charges and accrued income | 490/1 | - | €1,318 | +€1,318 | |
| Total equity and liabilities | 10/49 | €175,707 | €136,665 | -€39,042 | -22.2% |
| Equity | 10/15 | -€237,392 | -€408,301 | -€170,909 | -72.0% |
| Contributions | 10/11 | €82,500 | €82,500 | = | 0.0% |
| Reserves | 13 | €63,000 | €63,000 | = | 0.0% |
| Distributable reserves | 133 | €63,000 | €63,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,892 | -€553,801 | -€170,909 | -44.6% |
| Amounts payable | 17/49 | €413,099 | €544,967 | +€131,867 | +31.9% |
| Amounts payable after more than one year | 17 | €54,821 | €6,140 | -€48,681 | -88.8% |
| Financial debts | 170/4 | €54,821 | €6,140 | -€48,681 | -88.8% |
| Amounts payable within one year | 42/48 | €358,279 | €538,827 | +€180,548 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | - | €14,502 | +€14,502 | |
| Trade debts | 44 | €159,845 | €235,974 | +€76,129 | +47.6% |
| Suppliers | 440/4 | €159,845 | €235,974 | +€76,129 | +47.6% |
| Advances received on contracts in progress | 46 | €2,534 | €4,851 | +€2,316 | +91.4% |
| Taxes, remuneration and social security | 45 | €17,400 | €0 | -€17,400 | -100% |
| Taxes | 450/3 | €12,779 | €0 | -€12,779 | -100% |
| Remuneration and social security | 454/9 | €4,621 | €0 | -€4,621 | -100% |
| Other amounts payable | 47/48 | €178,500 | €283,500 | +€105,000 | +58.8% |
| Remuneration, social security and pensions | 62 | €51,893 | €223 | -€51,670 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,896 | €24,410 | -€2,487 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,856 | €0 | -€3,856 | -100% |
| Other operating charges | 640/8 | €660 | €679 | +€19 | +2.9% |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | -€166,432 | -€141,252 | +€25,180 | +15.1% |
| Operating profit (loss) | 9901 | -€249,736 | -€170,563 | +€79,173 | +31.7% |
| Financial income | 75/76B | €19,389 | €696 | -€18,693 | -96.4% |
| Recurring financial income | 75 | €19,389 | €696 | -€18,693 | -96.4% |
| Financial charges | 65/66B | €14,342 | €1,042 | -€13,300 | -92.7% |
| Recurring financial charges | 65 | €14,342 | €1,042 | -€13,300 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€244,689 | -€170,909 | +€73,780 | +30.2% |
| Profit (loss) for the period | 9904 | -€244,689 | -€170,909 | +€73,780 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€244,689 | -€170,909 | +€73,780 | +30.2% |
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 14 October 2026 via checked.be.