LIGHTWORK: 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.
LIGHTWORK
Largest movements
- Deferred charges and accrued income +€10,040
up €10,040 (+607.8%), from €1,652 to €11,692
- Stocks and contracts +€1,901
up €1,901 (+615.0%), from €309 to €2,210
of which Contracts in progress: +€1,578
- Tangible fixed assets -€1,153
down €1,153 (-7.3%), from €15,861 to €14,709
of which Furniture and vehicles: -€3,588
- Receivables within one year +€730
up €730 (+6.8%), from €10,757 to €11,487
of which Other amounts receivable: +€513
- Profit (loss) carried forward +€14,548
up €14,548, from -€8,909 to €5,639
- Debts after one year -€4,806
down €4,806 (-74.1%), from €6,485 to €1,679
- Tax, wage and social debts +€1,152
up €1,152 (+943.7%), from €122 to €1,274
- Trade debts +€489
up €489 (+193.8%), from €253 to €742
- Gross operating margin +€14,334
up €14,334 (+155.9%), from €9,194 to €23,528
- Depreciation +€1,967
up €1,967 (+61.8%), from €3,182 to €5,149
- Taxes +€1,152
up €1,152 (+943.7%), from €122 to €1,274
- Financial charges +€462
up €462 (+60.2%), from €767 to €1,230
- Other operating charges -€318
down €318 (-16.9%), from €1,889 to €1,571
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 | €35,201 | €46,558 | +€11,357 | +32.3% |
| Fixed assets | 21/28 | €15,861 | €14,829 | -€1,033 | -6.5% |
| Tangible fixed assets | 22/27 | €15,861 | €14,709 | -€1,153 | -7.3% |
| Plant, machinery and equipment | 23 | €1,071 | €3,507 | +€2,435 | +227.3% |
| Furniture and vehicles | 24 | €14,790 | €11,202 | -€3,588 | -24.3% |
| Financial fixed assets | 28 | - | €120 | +€120 | |
| Current assets | 29/58 | €19,340 | €31,730 | +€12,390 | +64.1% |
| Stocks and contracts in progress | 3 | €309 | €2,210 | +€1,901 | +615.0% |
| Stocks | 30/36 | - | €323 | +€323 | |
| Contracts in progress | 37 | €309 | €1,887 | +€1,578 | +510.6% |
| Amounts receivable within one year | 40/41 | €10,757 | €11,487 | +€730 | +6.8% |
| Trade receivables | 40 | - | €217 | +€217 | |
| Other amounts receivable | 41 | €10,757 | €11,270 | +€513 | +4.8% |
| Cash at bank and in hand | 54/58 | €6,622 | €6,341 | -€281 | -4.2% |
| Deferred charges and accrued income | 490/1 | €1,652 | €11,692 | +€10,040 | +607.8% |
| Total equity and liabilities | 10/49 | €35,201 | €46,558 | +€11,357 | +32.3% |
| Equity | 10/15 | €11,091 | €25,639 | +€14,548 | +131.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,909 | €5,639 | +€14,548 | |
| Amounts payable | 17/49 | €24,110 | €20,919 | -€3,191 | -13.2% |
| Amounts payable after more than one year | 17 | €6,485 | €1,679 | -€4,806 | -74.1% |
| Financial debts | 170/4 | €6,485 | €1,679 | -€4,806 | -74.1% |
| Amounts payable within one year | 42/48 | €16,891 | €18,785 | +€1,894 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €4,607 | €4,806 | +€199 | +4.3% |
| Trade debts | 44 | €253 | €742 | +€489 | +193.8% |
| Suppliers | 440/4 | €253 | €742 | +€489 | +193.8% |
| Taxes, remuneration and social security | 45 | €122 | €1,274 | +€1,152 | +943.7% |
| Taxes | 450/3 | €122 | €1,274 | +€1,152 | +943.7% |
| Other amounts payable | 47/48 | €11,910 | €11,963 | +€53 | +0.4% |
| Accrued charges and deferred income | 492/3 | €734 | €455 | -€279 | -38.0% |
| Non-recurring operating income | 76A | €7,170 | - | -€7,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,182 | €5,149 | +€1,967 | +61.8% |
| Other operating charges | 640/8 | €1,889 | €1,571 | -€318 | -16.9% |
| Gross operating margin | 9900 | €9,194 | €23,528 | +€14,334 | +155.9% |
| Operating profit (loss) | 9901 | €4,122 | €16,808 | +€12,686 | +307.7% |
| Financial income | 75/76B | €19 | €244 | +€225 | +1204.6% |
| Recurring financial income | 75 | €19 | €244 | +€225 | +1204.6% |
| Financial charges | 65/66B | €767 | €1,230 | +€462 | +60.2% |
| Recurring financial charges | 65 | €767 | €1,230 | +€462 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €3,374 | €15,822 | +€12,449 | +369.0% |
| Income taxes | 67/77 | €122 | €1,274 | +€1,152 | +943.7% |
| Profit (loss) for the period | 9904 | €3,252 | €14,548 | +€11,297 | +347.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,252 | €14,548 | +€11,297 | +347.4% |
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 10 October 2026 via checked.be.