Lignim: 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.
Lignim
Largest movements
- Receivables after one year +€28,955
up €28,955 (+9.9%), from €291,194 to €320,150
- Tangible fixed assets -€19,963
down €19,963 (-11.5%), from €173,235 to €153,273
of which Land and buildings: -€18,467
- Receivables within one year -€10,904
down €10,904 (-23.6%), from €46,250 to €35,346
of which Trade receivables: -€10,305
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,062
up €6,062 (+35.5%), from €17,100 to €23,162
- Depreciation -€1,310
down €1,310 (-6.2%), from €21,273 to €19,963
- Taxes -€303
down €303 (-84.3%), from €360 to €56
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.
Derived cash bridge
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 | €513,379 | €511,357 | -€2,022 | -0.4% |
| Fixed assets | 21/28 | €173,235 | €153,273 | -€19,963 | -11.5% |
| Tangible fixed assets | 22/27 | €173,235 | €153,273 | -€19,963 | -11.5% |
| Land and buildings | 22 | €171,336 | €152,869 | -€18,467 | -10.8% |
| Plant, machinery and equipment | 23 | €1,899 | €404 | -€1,496 | -78.8% |
| Current assets | 29/58 | €340,144 | €358,085 | +€17,941 | +5.3% |
| Amounts receivable after more than one year | 29 | €291,194 | €320,150 | +€28,955 | +9.9% |
| Other amounts receivable | 291 | €291,194 | €320,150 | +€28,955 | +9.9% |
| Amounts receivable within one year | 40/41 | €46,250 | €35,346 | -€10,904 | -23.6% |
| Trade receivables | 40 | €45,196 | €34,891 | -€10,305 | -22.8% |
| Other amounts receivable | 41 | €1,054 | €455 | -€599 | -56.8% |
| Cash at bank and in hand | 54/58 | €482 | €2,110 | +€1,628 | +338% |
| Deferred charges and accrued income | 490/1 | €2,218 | €479 | -€1,739 | -78.4% |
| Total equity and liabilities | 10/49 | €513,379 | €511,357 | -€2,022 | -0.4% |
| Equity | 10/15 | -€41,034 | -€41,201 | -€167 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,018 | €43,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,158 | €41,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,652 | -€102,819 | -€167 | -0.2% |
| Amounts payable | 17/49 | €554,413 | €552,558 | -€1,855 | -0.3% |
| Amounts payable after more than one year | 17 | €82,000 | €82,000 | = | 0.0% |
| Financial debts | 170/4 | €82,000 | €82,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €470,313 | €468,458 | -€1,855 | -0.4% |
| Trade debts | 44 | €2,778 | €3,376 | +€598 | +21.5% |
| Suppliers | 440/4 | €2,778 | €3,376 | +€598 | +21.5% |
| Taxes, remuneration and social security | 45 | €3,855 | €4,703 | +€847 | +22.0% |
| Taxes | 450/3 | €3,855 | €4,703 | +€847 | +22.0% |
| Other amounts payable | 47/48 | €463,680 | €460,379 | -€3,301 | -0.7% |
| Accrued charges and deferred income | 492/3 | €2,100 | €2,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,273 | €19,963 | -€1,310 | -6.2% |
| Other operating charges | 640/8 | €3,125 | €3,175 | +€51 | +1.6% |
| Gross operating margin | 9900 | €17,100 | €23,162 | +€6,062 | +35.5% |
| Operating profit (loss) | 9901 | -€7,298 | €24 | +€7,322 | |
| Financial income | 75/76B | €13 | €14 | +€2 | +12.7% |
| Recurring financial income | 75 | €13 | €14 | +€2 | +12.7% |
| Financial charges | 65/66B | €160 | €149 | -€11 | -6.8% |
| Recurring financial charges | 65 | €160 | €149 | -€11 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,445 | -€111 | +€7,335 | +98.5% |
| Income taxes | 67/77 | €360 | €56 | -€303 | -84.3% |
| Profit (loss) for the period | 9904 | -€7,805 | -€167 | +€7,638 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,805 | -€167 | +€7,638 | +97.9% |
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 17 October 2026 via checked.be.