LIGNA: 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.
LIGNA
Largest movements
- Cash +€23,296
up €23,296 (+13.8%), from €168,770 to €192,066
mainly Net result for the year (+€35,135) and Other debts (+€14,446)
- Receivables within one year +€3,323
up €3,323 (+17.6%), from €18,931 to €22,255
of which Other amounts receivable: +€3,262
- Tangible fixed assets -€2,764
down €2,764 (-9.8%), from €28,315 to €25,552
of which Land and buildings: -€5,934
- Other debts +€14,446
up €14,446 (+97.5%), from €14,811 to €29,257
- Reserves +€6,983
up €6,983 (+3.8%), from €181,576 to €188,558
- Depreciation -€11,526
down €11,526 (-59.5%), from €19,369 to €7,842
- Gross operating margin +€6,202
up €6,202 (+11.0%), from €56,283 to €62,485
- Taxes +€4,587
up €4,587 (+47.5%), from €9,652 to €14,238
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 | €220,821 | €243,578 | +€22,757 | +10.3% |
| Fixed assets | 21/28 | €28,315 | €25,552 | -€2,764 | -9.8% |
| Tangible fixed assets | 22/27 | €28,315 | €25,552 | -€2,764 | -9.8% |
| Land and buildings | 22 | €5,934 | - | -€5,934 | |
| Plant, machinery and equipment | 23 | €4,738 | €7,164 | +€2,426 | +51.2% |
| Furniture and vehicles | 24 | €17,644 | €14,685 | -€2,959 | -16.8% |
| Other tangible fixed assets | 26 | - | €3,703 | +€3,703 | |
| Current assets | 29/58 | €192,506 | €218,026 | +€25,520 | +13.3% |
| Amounts receivable within one year | 40/41 | €18,931 | €22,255 | +€3,323 | +17.6% |
| Trade receivables | 40 | €18,931 | €18,993 | +€61 | +0.3% |
| Other amounts receivable | 41 | - | €3,262 | +€3,262 | |
| Cash at bank and in hand | 54/58 | €168,770 | €192,066 | +€23,296 | +13.8% |
| Deferred charges and accrued income | 490/1 | €4,804 | €3,706 | -€1,099 | -22.9% |
| Total equity and liabilities | 10/49 | €220,821 | €243,578 | +€22,757 | +10.3% |
| Equity | 10/15 | €200,168 | €207,150 | +€6,983 | +3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €181,576 | €188,558 | +€6,983 | +3.8% |
| Distributable reserves | 133 | €181,576 | €188,558 | +€6,983 | +3.8% |
| Amounts payable | 17/49 | €20,653 | €36,427 | +€15,774 | +76.4% |
| Amounts payable within one year | 42/48 | €20,653 | €36,427 | +€15,774 | +76.4% |
| Trade debts | 44 | €2,664 | €4,996 | +€2,332 | +87.5% |
| Suppliers | 440/4 | €2,664 | €4,996 | +€2,332 | +87.5% |
| Taxes, remuneration and social security | 45 | €3,179 | €2,174 | -€1,004 | -31.6% |
| Taxes | 450/3 | €1,372 | €2,174 | +€802 | +58.5% |
| Remuneration and social security | 454/9 | €1,807 | - | -€1,807 | |
| Other amounts payable | 47/48 | €14,811 | €29,257 | +€14,446 | +97.5% |
| Remuneration, social security and pensions | 62 | €21 | - | -€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,369 | €7,842 | -€11,526 | -59.5% |
| Other operating charges | 640/8 | €1,208 | €1,290 | +€83 | +6.8% |
| Gross operating margin | 9900 | €56,283 | €62,485 | +€6,202 | +11.0% |
| Operating profit (loss) | 9901 | €35,686 | €53,353 | +€17,667 | +49.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +3550.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3550.0% |
| Financial charges | 65/66B | €3,812 | €3,980 | +€168 | +4.4% |
| Recurring financial charges | 65 | €3,812 | €3,980 | +€168 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €31,873 | €49,373 | +€17,500 | +54.9% |
| Income taxes | 67/77 | €9,652 | €14,238 | +€4,587 | +47.5% |
| Profit (loss) for the period | 9904 | €22,222 | €35,135 | +€12,914 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,222 | €35,135 | +€12,914 | +58.1% |
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 9 October 2026 via checked.be.