LIGN: 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.
LIGN
Largest movements
- Receivables within one year +€95,228
up €95,228 (+119.6%), from €79,647 to €174,875
of which Trade receivables: +€97,194
- Stocks and contracts -€50,454
down €50,454 (-7.8%), from €643,345 to €592,891
- Deferred charges and accrued income -€12,438
down €12,438 (-43.3%), from €28,754 to €16,316
- Current portion of long-term debt -€74,393
down €74,393 (-99.0%), from €75,137 to €744
- Debts after one year +€64,269
up €64,269 (+22.0%), from €291,883 to €356,152
- Trade debts +€34,339
up €34,339 (+32.5%), from €105,714 to €140,053
- Profit (loss) carried forward -€15,703
down €15,703 (-8.1%), from -€194,184 to -€209,887
- Tax, wage and social debts +€12,842
up €12,842 (+28.9%), from €44,453 to €57,295
of which Remuneration and social security: +€13,381
- Staff costs -€167,448
down €167,448 (-29.3%), from €571,273 to €403,825
- Gross operating margin -€32,962
down €32,962 (-7.4%), from €444,223 to €411,260
- Financial income +€21,653
up €21,653 (+605.8%), from €3,574 to €25,227
- Other operating charges -€16,065
down €16,065 (-88.5%), from €18,150 to €2,085
- Financial charges -€9,737
down €9,737 (-26.2%), from €37,210 to €27,472
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 | €813,267 | €835,237 | +€21,971 | +2.7% |
| Fixed assets | 21/28 | €57,886 | €50,422 | -€7,464 | -12.9% |
| Intangible fixed assets | 21 | €12,692 | €7,555 | -€5,137 | -40.5% |
| Tangible fixed assets | 22/27 | €41,819 | €39,491 | -€2,327 | -5.6% |
| Plant, machinery and equipment | 23 | €27,621 | €22,600 | -€5,021 | -18.2% |
| Furniture and vehicles | 24 | €2,067 | €6,771 | +€4,704 | +227.6% |
| Other tangible fixed assets | 26 | €12,131 | €10,121 | -€2,010 | -16.6% |
| Financial fixed assets | 28 | €3,375 | €3,375 | = | 0.0% |
| Current assets | 29/58 | €755,381 | €784,816 | +€29,435 | +3.9% |
| Stocks and contracts in progress | 3 | €643,345 | €592,891 | -€50,454 | -7.8% |
| Stocks | 30/36 | €643,345 | €592,891 | -€50,454 | -7.8% |
| Amounts receivable within one year | 40/41 | €79,647 | €174,875 | +€95,228 | +119.6% |
| Trade receivables | 40 | €46,761 | €143,955 | +€97,194 | +207.9% |
| Other amounts receivable | 41 | €32,886 | €30,920 | -€1,966 | -6.0% |
| Cash at bank and in hand | 54/58 | €3,635 | €734 | -€2,901 | -79.8% |
| Deferred charges and accrued income | 490/1 | €28,754 | €16,316 | -€12,438 | -43.3% |
| Total equity and liabilities | 10/49 | €813,267 | €835,237 | +€21,971 | +2.7% |
| Equity | 10/15 | €123,269 | €107,566 | -€15,703 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €298,853 | €298,853 | = | 0.0% |
| Distributable reserves | 133 | €298,853 | €298,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,184 | -€209,887 | -€15,703 | -8.1% |
| Amounts payable | 17/49 | €689,998 | €727,671 | +€37,674 | +5.5% |
| Amounts payable after more than one year | 17 | €291,883 | €356,152 | +€64,269 | +22.0% |
| Financial debts | 170/4 | €291,883 | €356,152 | +€64,269 | +22.0% |
| Amounts payable within one year | 42/48 | €359,993 | €341,286 | -€18,708 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €75,137 | €744 | -€74,393 | -99.0% |
| Financial debts | 43 | €80,000 | €80,000 | = | 0.0% |
| Credit institutions | 430/8 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €105,714 | €140,053 | +€34,339 | +32.5% |
| Suppliers | 440/4 | €105,714 | €140,053 | +€34,339 | +32.5% |
| Taxes, remuneration and social security | 45 | €44,453 | €57,295 | +€12,842 | +28.9% |
| Taxes | 450/3 | €2,304 | €1,764 | -€539 | -23.4% |
| Remuneration and social security | 454/9 | €42,149 | €55,530 | +€13,381 | +31.7% |
| Other amounts payable | 47/48 | €54,690 | €63,194 | +€8,504 | +15.5% |
| Accrued charges and deferred income | 492/3 | €38,121 | €30,234 | -€7,888 | -20.7% |
| Remuneration, social security and pensions | 62 | €571,273 | €403,825 | -€167,448 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,001 | €18,667 | +€3,667 | +24.4% |
| Other operating charges | 640/8 | €18,150 | €2,085 | -€16,065 | -88.5% |
| Gross operating margin | 9900 | €444,223 | €411,260 | -€32,962 | -7.4% |
| Operating profit (loss) | 9901 | -€160,200 | -€13,317 | +€146,884 | +91.7% |
| Financial income | 75/76B | €3,574 | €25,227 | +€21,653 | +605.8% |
| Recurring financial income | 75 | €3,574 | €25,227 | +€21,653 | +605.8% |
| Financial charges | 65/66B | €37,210 | €27,472 | -€9,737 | -26.2% |
| Recurring financial charges | 65 | €37,210 | €27,472 | -€9,737 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€193,836 | -€15,562 | +€178,274 | +92.0% |
| Income taxes | 67/77 | €348 | €141 | -€207 | -59.5% |
| Profit (loss) for the period | 9904 | -€194,184 | -€15,703 | +€178,480 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€194,184 | -€15,703 | +€178,480 | +91.9% |
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 6 October 2026 via checked.be.