LIGNA: 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.
LIGNA
Largest movements
- Tangible fixed assets -€24,864
down €24,864 (-24.5%), from €101,426 to €76,562
of which Other tangible fixed assets: -€20,383
- Receivables within one year -€9,685
down €9,685 (-53.1%), from €18,242 to €8,556
of which Trade receivables: -€15,965
- Profit (loss) carried forward -€18,636
down €18,636 (-3050.0%), from -€611 to -€19,247
- Debts after one year -€6,376
down €6,376 (-11.4%), from €55,952 to €49,576
- Other debts -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Tax, wage and social debts -€4,360
down €4,360 (-61.0%), from €7,145 to €2,784
- Gross operating margin -€33,212
down €33,212 (-76.9%), from €43,192 to €9,980
- Taxes -€4,903
down €4,903 (-100.0%), from €4,903 to €0
- Depreciation -€1,058
down €1,058 (-4.1%), from €25,923 to €24,864
- Other operating charges -€860
down €860 (-30.3%), from €2,843 to €1,982
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 | €166,374 | €131,618 | -€34,756 | -20.9% |
| Fixed assets | 21/28 | €101,979 | €77,115 | -€24,864 | -24.4% |
| Tangible fixed assets | 22/27 | €101,426 | €76,562 | -€24,864 | -24.5% |
| Plant, machinery and equipment | 23 | €6,155 | €2,026 | -€4,130 | -67.1% |
| Furniture and vehicles | 24 | €1,679 | €1,327 | -€352 | -20.9% |
| Other tangible fixed assets | 26 | €93,592 | €73,210 | -€20,383 | -21.8% |
| Financial fixed assets | 28 | €553 | €553 | = | 0.0% |
| Current assets | 29/58 | €64,395 | €54,503 | -€9,892 | -15.4% |
| Amounts receivable within one year | 40/41 | €18,242 | €8,556 | -€9,685 | -53.1% |
| Trade receivables | 40 | €15,965 | €0 | -€15,965 | -100.0% |
| Other amounts receivable | 41 | €2,277 | €8,556 | +€6,280 | +275.8% |
| Cash at bank and in hand | 54/58 | €43,501 | €43,251 | -€250 | -0.6% |
| Deferred charges and accrued income | 490/1 | €2,652 | €2,696 | +€43 | +1.6% |
| Total equity and liabilities | 10/49 | €166,374 | €131,618 | -€34,756 | -20.9% |
| Equity | 10/15 | €90,989 | €72,353 | -€18,636 | -20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,000 | €73,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €73,000 | €73,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€611 | -€19,247 | -€18,636 | -3050.0% |
| Amounts payable | 17/49 | €75,385 | €59,264 | -€16,120 | -21.4% |
| Amounts payable after more than one year | 17 | €55,952 | €49,576 | -€6,376 | -11.4% |
| Financial debts | 170/4 | €55,952 | €49,576 | -€6,376 | -11.4% |
| Amounts payable within one year | 42/48 | €19,111 | €9,417 | -€9,693 | -50.7% |
| Current portion of amounts payable after more than one year | 42 | €5,281 | €5,891 | +€609 | +11.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,685 | €743 | -€942 | -55.9% |
| Suppliers | 440/4 | €1,685 | €743 | -€942 | -55.9% |
| Taxes, remuneration and social security | 45 | €7,145 | €2,784 | -€4,360 | -61.0% |
| Taxes | 450/3 | €7,145 | €2,784 | -€4,360 | -61.0% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €322 | €271 | -€51 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,923 | €24,864 | -€1,058 | -4.1% |
| Other operating charges | 640/8 | €2,843 | €1,982 | -€860 | -30.3% |
| Gross operating margin | 9900 | €43,192 | €9,980 | -€33,212 | -76.9% |
| Operating profit (loss) | 9901 | €14,426 | -€16,867 | -€31,293 | |
| Financial income | 75/76B | €0 | €166 | +€166 | +829150.0% |
| Recurring financial income | 75 | €0 | €166 | +€166 | +829150.0% |
| Financial charges | 65/66B | €2,322 | €1,935 | -€387 | -16.7% |
| Recurring financial charges | 65 | €2,322 | €1,935 | -€387 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €12,104 | -€18,636 | -€30,740 | |
| Income taxes | 67/77 | €4,903 | €0 | -€4,903 | -100.0% |
| Profit (loss) for the period | 9904 | €7,202 | -€18,636 | -€25,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,202 | -€18,636 | -€25,837 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.