LIGHTNING PROJECTS: 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.
LIGHTNING PROJECTS
Largest movements
- Tangible fixed assets +€19,410
up €19,410 (+166.2%), from €11,680 to €31,090
of which Furniture and vehicles: +€20,730
- Receivables within one year +€8,696
up €8,696 (+58.7%), from €14,805 to €23,501
of which Trade receivables: +€8,577
- Cash -€3,404
down €3,404 (-8.1%), from €42,141 to €38,737
mainly Investment in fixed assets (net) (-€23,735) and Tax, wage and social debts (-€13,281)
- Trade debts +€14,938
up €14,938 (+818.4%), from €1,825 to €16,763
- Other debts +€13,758
up €13,758 (+589.1%), from €2,335 to €16,093
- Tax, wage and social debts -€13,281
down €13,281 (-79.2%), from €16,763 to €3,483
- Reserves +€9,287
up €9,287 (+20.8%), from €44,702 to €53,989
- Gross operating margin -€47,316
down €47,316 (-72.9%), from €64,898 to €17,582
- Taxes -€13,281
down €13,281 (-79.2%), from €16,763 to €3,483
- Depreciation +€1,405
up €1,405 (+48.1%), from €2,920 to €4,325
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 | €68,626 | €93,328 | +€24,702 | +36.0% |
| Fixed assets | 21/28 | €11,680 | €31,090 | +€19,410 | +166.2% |
| Tangible fixed assets | 22/27 | €11,680 | €31,090 | +€19,410 | +166.2% |
| Plant, machinery and equipment | 23 | €5,280 | €3,960 | -€1,320 | -25.0% |
| Furniture and vehicles | 24 | €6,400 | €27,130 | +€20,730 | +323.9% |
| Current assets | 29/58 | €56,946 | €62,238 | +€5,292 | +9.3% |
| Amounts receivable within one year | 40/41 | €14,805 | €23,501 | +€8,696 | +58.7% |
| Trade receivables | 40 | €13,213 | €21,790 | +€8,577 | +64.9% |
| Other amounts receivable | 41 | €1,592 | €1,711 | +€119 | +7.4% |
| Cash at bank and in hand | 54/58 | €42,141 | €38,737 | -€3,404 | -8.1% |
| Total equity and liabilities | 10/49 | €68,626 | €93,328 | +€24,702 | +36.0% |
| Equity | 10/15 | €47,702 | €56,989 | +€9,287 | +19.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,702 | €53,989 | +€9,287 | +20.8% |
| Distributable reserves | 133 | €44,702 | €53,989 | +€9,287 | +20.8% |
| Amounts payable | 17/49 | €20,924 | €36,339 | +€15,415 | +73.7% |
| Amounts payable within one year | 42/48 | €20,924 | €36,339 | +€15,415 | +73.7% |
| Trade debts | 44 | €1,825 | €16,763 | +€14,938 | +818.4% |
| Suppliers | 440/4 | €1,825 | €16,763 | +€14,938 | +818.4% |
| Taxes, remuneration and social security | 45 | €16,763 | €3,483 | -€13,281 | -79.2% |
| Taxes | 450/3 | €16,763 | €3,483 | -€13,281 | -79.2% |
| Other amounts payable | 47/48 | €2,335 | €16,093 | +€13,758 | +589.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,920 | €4,325 | +€1,405 | +48.1% |
| Other operating charges | 640/8 | €387 | €253 | -€134 | -34.5% |
| Gross operating margin | 9900 | €64,898 | €17,582 | -€47,316 | -72.9% |
| Operating profit (loss) | 9901 | €61,592 | €13,004 | -€48,587 | -78.9% |
| Financial income | 75/76B | €12 | €15 | +€3 | +27.1% |
| Recurring financial income | 75 | €12 | €15 | +€3 | +27.1% |
| Non-recurring financial income | 76B | €12 | €15 | +€3 | +27.1% |
| Financial charges | 65/66B | €138 | €250 | +€112 | +81.1% |
| Recurring financial charges | 65 | €138 | €250 | +€112 | +81.1% |
| Non-recurring financial charges | 66B | €138 | €250 | +€112 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | €61,466 | €12,770 | -€48,696 | -79.2% |
| Income taxes | 67/77 | €16,763 | €3,483 | -€13,281 | -79.2% |
| Profit (loss) for the period | 9904 | €44,702 | €9,287 | -€35,415 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,702 | €9,287 | -€35,415 | -79.2% |
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.