LIGHTPLUS: 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.
LIGHTPLUS
Largest movements
- Cash -€87,497
down €87,497 (-58.6%), from €149,276 to €61,779
mainly Net result for the year (-€90,607) and Receivables within one year (-€27,534)
- Receivables within one year +€27,534
up €27,534 (+177.1%), from €15,551 to €43,085
of which Other amounts receivable: +€25,636
- Stocks and contracts -€15,067
down €15,067 (-3.3%), from €454,918 to €439,851
- Tangible fixed assets -€10,850
down €10,850 (-20.6%), from €52,747 to €41,897
of which Other tangible fixed assets: -€8,490
- Reserves -€90,607
down €90,607 (-15.2%), from €597,399 to €506,792
of which Distributable reserves: -€90,607
- Gross operating margin +€24,392
up €24,392 (+23.7%), from -€102,717 to -€78,325
- Staff costs -€11,441
down €11,441 (-98.8%), from €11,574 to €133
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 | €672,493 | €586,612 | -€85,881 | -12.8% |
| Fixed assets | 21/28 | €52,747 | €41,897 | -€10,850 | -20.6% |
| Tangible fixed assets | 22/27 | €52,747 | €41,897 | -€10,850 | -20.6% |
| Plant, machinery and equipment | 23 | €1,400 | €821 | -€580 | -41.4% |
| Furniture and vehicles | 24 | €12,973 | €11,193 | -€1,781 | -13.7% |
| Other tangible fixed assets | 26 | €38,373 | €29,883 | -€8,490 | -22.1% |
| Current assets | 29/58 | €619,746 | €544,715 | -€75,031 | -12.1% |
| Stocks and contracts in progress | 3 | €454,918 | €439,851 | -€15,067 | -3.3% |
| Stocks | 30/36 | €454,918 | €439,851 | -€15,067 | -3.3% |
| Amounts receivable within one year | 40/41 | €15,551 | €43,085 | +€27,534 | +177.1% |
| Trade receivables | 40 | €15,551 | €17,449 | +€1,898 | +12.2% |
| Other amounts receivable | 41 | - | €25,636 | +€25,636 | |
| Cash at bank and in hand | 54/58 | €149,276 | €61,779 | -€87,497 | -58.6% |
| Total equity and liabilities | 10/49 | €672,493 | €586,612 | -€85,881 | -12.8% |
| Equity | 10/15 | €667,399 | €576,792 | -€90,607 | -13.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €597,399 | €506,792 | -€90,607 | -15.2% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €578,649 | €488,042 | -€90,607 | -15.7% |
| Amounts payable | 17/49 | €5,094 | €9,820 | +€4,726 | +92.8% |
| Amounts payable within one year | 42/48 | €5,094 | €9,820 | +€4,726 | +92.8% |
| Trade debts | 44 | €978 | €7,578 | +€6,600 | +674.8% |
| Suppliers | 440/4 | €978 | €7,578 | +€6,600 | +674.8% |
| Taxes, remuneration and social security | 45 | €1,096 | €586 | -€510 | -46.6% |
| Taxes | 450/3 | €1,013 | €586 | -€428 | -42.2% |
| Remuneration and social security | 454/9 | €82 | - | -€82 | |
| Other amounts payable | 47/48 | €3,020 | €1,656 | -€1,364 | -45.2% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €11,574 | €133 | -€11,441 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,698 | €13,690 | -€1,009 | -6.9% |
| Other operating charges | 640/8 | €1,630 | €1,149 | -€481 | -29.5% |
| Gross operating margin | 9900 | -€102,717 | -€78,325 | +€24,392 | +23.7% |
| Operating profit (loss) | 9901 | -€130,620 | -€93,297 | +€37,323 | +28.6% |
| Financial income | 75/76B | €7,409 | €6,461 | -€949 | -12.8% |
| Recurring financial income | 75 | €7,409 | €6,461 | -€949 | -12.8% |
| Financial charges | 65/66B | €3,985 | €3,771 | -€214 | -5.4% |
| Recurring financial charges | 65 | €3,985 | €3,771 | -€214 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€127,195 | -€90,607 | +€36,588 | +28.8% |
| Profit (loss) for the period | 9904 | -€127,195 | -€90,607 | +€36,588 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,195 | -€90,607 | +€36,588 | +28.8% |
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 1 October 2026 via checked.be.