Lignum Bouw: 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.
Lignum Bouw
Largest movements
- Receivables within one year -€225,974
down €225,974 (-49.4%), from €457,535 to €231,561
of which Trade receivables: -€182,661
- Cash +€94,254
up €94,254 (+464%), from €20,333 to €114,588
mainly Receivables within one year (+€225,974) and Net result for the year (+€94,402)
- Stocks and contracts +€52,885
up €52,885 (+59.1%), from €89,512 to €142,397
of which Contracts in progress: +€38,658
- Tangible fixed assets +€28,804
up €28,804 (+54.6%), from €52,734 to €81,539
of which Furniture and vehicles: +€28,266
- Debts after one year -€93,120
down €93,120 (-73.1%), from €127,422 to €34,302
- Advances received -€72,616
down €72,616 (-55.9%), from €129,949 to €57,333
- Other debts +€50,100
up €50,100 (+7,424%), from €675 to €50,775
- Reserves +€44,402
up €44,402 (+70.4%), from €63,071 to €107,473
- Trade debts -€26,051
down €26,051 (-15.3%), from €170,341 to €144,290
- Gross operating margin +€94,770
up €94,770 (+153%), from €61,840 to €156,610
- Taxes +€18,409
up €18,409 (+199%), from €9,263 to €27,672
- Depreciation +€8,135
up €8,135 (+69.5%), from €11,709 to €19,845
- Financial charges -€5,979
down €5,979 (-33.2%), from €17,985 to €12,006
- Other operating charges -€1,851
down €1,851 (-37.3%), from €4,968 to €3,117
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 | €635,823 | €583,726 | -€52,097 | -8.2% |
| Fixed assets | 21/28 | €59,301 | €86,641 | +€27,340 | +46.1% |
| Intangible fixed assets | 21 | €6,566 | €5,102 | -€1,464 | -22.3% |
| Tangible fixed assets | 22/27 | €52,734 | €81,539 | +€28,804 | +54.6% |
| Plant, machinery and equipment | 23 | €8,085 | €10,822 | +€2,737 | +33.8% |
| Furniture and vehicles | 24 | €25,050 | €53,316 | +€28,266 | +113% |
| Other tangible fixed assets | 26 | €19,600 | €17,401 | -€2,199 | -11.2% |
| Current assets | 29/58 | €576,523 | €497,086 | -€79,437 | -13.8% |
| Stocks and contracts in progress | 3 | €89,512 | €142,397 | +€52,885 | +59.1% |
| Stocks | 30/36 | €89,512 | €103,739 | +€14,227 | +15.9% |
| Contracts in progress | 37 | - | €38,658 | +€38,658 | |
| Amounts receivable within one year | 40/41 | €457,535 | €231,561 | -€225,974 | -49.4% |
| Trade receivables | 40 | €396,620 | €213,960 | -€182,661 | -46.1% |
| Other amounts receivable | 41 | €60,915 | €17,601 | -€43,314 | -71.1% |
| Cash at bank and in hand | 54/58 | €20,333 | €114,588 | +€94,254 | +464% |
| Deferred charges and accrued income | 490/1 | €9,142 | €8,540 | -€602 | -6.6% |
| Total equity and liabilities | 10/49 | €635,823 | €583,726 | -€52,097 | -8.2% |
| Equity | 10/15 | €73,071 | €117,473 | +€44,402 | +60.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €63,071 | €107,473 | +€44,402 | +70.4% |
| Distributable reserves | 133 | €63,071 | €107,473 | +€44,402 | +70.4% |
| Amounts payable | 17/49 | €562,752 | €466,253 | -€96,499 | -17.1% |
| Amounts payable after more than one year | 17 | €127,422 | €34,302 | -€93,120 | -73.1% |
| Financial debts | 170/4 | €127,422 | €34,302 | -€93,120 | -73.1% |
| Amounts payable within one year | 42/48 | €418,842 | €403,799 | -€15,043 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €5,996 | €14,699 | +€8,703 | +145% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €170,341 | €144,290 | -€26,051 | -15.3% |
| Suppliers | 440/4 | €170,341 | €144,290 | -€26,051 | -15.3% |
| Advances received on contracts in progress | 46 | €129,949 | €57,333 | -€72,616 | -55.9% |
| Taxes, remuneration and social security | 45 | €11,881 | €36,701 | +€24,820 | +209% |
| Taxes | 450/3 | €11,881 | €36,701 | +€24,820 | +209% |
| Other amounts payable | 47/48 | €675 | €50,775 | +€50,100 | +7,424% |
| Accrued charges and deferred income | 492/3 | €16,488 | €28,153 | +€11,664 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,709 | €19,845 | +€8,135 | +69.5% |
| Other operating charges | 640/8 | €4,968 | €3,117 | -€1,851 | -37.3% |
| Gross operating margin | 9900 | €61,840 | €156,610 | +€94,770 | +153% |
| Operating profit (loss) | 9901 | €45,163 | €133,649 | +€88,486 | +196% |
| Financial income | 75/76B | €1,100 | €431 | -€669 | -60.8% |
| Recurring financial income | 75 | €1,100 | €431 | -€669 | -60.8% |
| Financial charges | 65/66B | €17,985 | €12,006 | -€5,979 | -33.2% |
| Recurring financial charges | 65 | €17,985 | €12,006 | -€5,979 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €28,278 | €122,074 | +€93,796 | +332% |
| Income taxes | 67/77 | €9,263 | €27,672 | +€18,409 | +199% |
| Profit (loss) for the period | 9904 | €19,015 | €94,402 | +€75,387 | +396% |
| Profit (loss) for the period to be appropriated | 9905 | €19,015 | €94,402 | +€75,387 | +396% |
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 27 October 2026 via checked.be.