LIGNEA: 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.
LIGNEA
Largest movements
- Receivables within one year +€15,560
up €15,560 (+61.8%), from €25,170 to €40,729
of which Trade receivables: +€13,800
- Tangible fixed assets -€10,095
down €10,095 (-7.1%), from €141,761 to €131,666
of which Land and buildings: -€5,566
- Other debts -€6,674
down €6,674 (-48.4%), from €13,785 to €7,111
- Tax, wage and social debts +€6,608
up €6,608 (+259.6%), from €2,545 to €9,154
of which Taxes: +€6,594
- Trade debts +€3,815
up €3,815 (+139.3%), from €2,740 to €6,555
- Reserves +€3,624
up €3,624 (+2.1%), from €169,452 to €173,076
of which Distributable reserves: +€3,624
- Gross operating margin +€16,583
up €16,583 (+33.1%), from €50,099 to €66,682
- Taxes +€8,275
up €8,275 (+86.9%), from €9,517 to €17,792
- Financial charges -€2,378
down €2,378 (-75.0%), from €3,172 to €794
- Depreciation -€1,885
down €1,885 (-14.6%), from €12,892 to €11,007
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 | €252,967 | €260,846 | +€7,879 | +3.1% |
| Fixed assets | 21/28 | €191,786 | €181,691 | -€10,095 | -5.3% |
| Tangible fixed assets | 22/27 | €141,761 | €131,666 | -€10,095 | -7.1% |
| Land and buildings | 22 | €134,643 | €129,077 | -€5,566 | -4.1% |
| Furniture and vehicles | 24 | €7,118 | €2,589 | -€4,528 | -63.6% |
| Financial fixed assets | 28 | €50,025 | €50,025 | = | 0.0% |
| Current assets | 29/58 | €61,181 | €79,155 | +€17,974 | +29.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €25,170 | €40,729 | +€15,560 | +61.8% |
| Trade receivables | 40 | €23,890 | €37,690 | +€13,800 | +57.8% |
| Other amounts receivable | 41 | €1,280 | €3,039 | +€1,760 | +137.5% |
| Cash at bank and in hand | 54/58 | €34,004 | €35,185 | +€1,182 | +3.5% |
| Deferred charges and accrued income | 490/1 | €2,008 | €3,241 | +€1,233 | +61.4% |
| Total equity and liabilities | 10/49 | €252,967 | €260,846 | +€7,879 | +3.1% |
| Equity | 10/15 | €231,452 | €235,076 | +€3,624 | +1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €169,452 | €173,076 | +€3,624 | +2.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €163,252 | €166,876 | +€3,624 | +2.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,515 | €25,770 | +€4,255 | +19.8% |
| Amounts payable within one year | 42/48 | €19,290 | €23,040 | +€3,750 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €221 | €221 | = | 0.0% |
| Credit institutions | 430/8 | €221 | €221 | = | 0.0% |
| Trade debts | 44 | €2,740 | €6,555 | +€3,815 | +139.3% |
| Suppliers | 440/4 | €2,740 | €6,555 | +€3,815 | +139.3% |
| Taxes, remuneration and social security | 45 | €2,545 | €9,154 | +€6,608 | +259.6% |
| Taxes | 450/3 | €0 | €6,594 | +€6,594 | |
| Remuneration and social security | 454/9 | €2,545 | €2,559 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €13,785 | €7,111 | -€6,674 | -48.4% |
| Accrued charges and deferred income | 492/3 | €2,225 | €2,730 | +€505 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,892 | €11,007 | -€1,885 | -14.6% |
| Other operating charges | 640/8 | €5,085 | €5,114 | +€30 | +0.6% |
| Gross operating margin | 9900 | €50,099 | €66,682 | +€16,583 | +33.1% |
| Operating profit (loss) | 9901 | €32,123 | €50,560 | +€18,438 | +57.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,172 | €794 | -€2,378 | -75.0% |
| Recurring financial charges | 65 | €3,172 | €794 | -€2,378 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €28,951 | €49,767 | +€20,816 | +71.9% |
| Income taxes | 67/77 | €9,517 | €17,792 | +€8,275 | +86.9% |
| Profit (loss) for the period | 9904 | €19,434 | €31,975 | +€12,541 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,434 | €31,975 | +€12,541 | +64.5% |
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 29 September 2026 via checked.be.