LIGNUM CONSTRUCT: 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 CONSTRUCT
Largest movements
- Cash -€55,310
down €55,310 (-46.0%), from €120,307 to €64,996
mainly Contributions, distributions and other (-€33,689) and Net result for the year (-€14,382)
- Receivables within one year +€9,559
up €9,559 (+252%), from €3,793 to €13,352
of which Trade receivables: +€9,523
- Tangible fixed assets -€3,185
down €3,185 (-69.0%), from €4,615 to €1,431
of which Furniture and vehicles: -€2,099
- Reserves -€33,689
down €33,689 (-28.1%), from €119,867 to €86,178
of which Distributable reserves: -€31,829
- Profit (loss) carried forward -€14,382
down €14,382 (-96.1%), from -€14,970 to -€29,351
- Tax, wage and social debts -€2,541
down €2,541 (-97.3%), from €2,610 to €69
- Other debts +€2,093
up €2,093 (+25.9%), from €8,078 to €10,171
- Depreciation -€1,513
down €1,513 (-32.2%), from €4,697 to €3,185
- Gross operating margin -€812
down €812 (-8.9%), from -€9,080 to -€9,892
- Financial charges +€102
up €102 (+16.6%), from €617 to €719
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 | €128,715 | €79,779 | -€48,936 | -38.0% |
| Fixed assets | 21/28 | €4,615 | €1,431 | -€3,185 | -69.0% |
| Tangible fixed assets | 22/27 | €4,615 | €1,431 | -€3,185 | -69.0% |
| Plant, machinery and equipment | 23 | €1,582 | €496 | -€1,086 | -68.6% |
| Furniture and vehicles | 24 | €3,034 | €935 | -€2,099 | -69.2% |
| Current assets | 29/58 | €124,100 | €78,348 | -€45,751 | -36.9% |
| Amounts receivable within one year | 40/41 | €3,793 | €13,352 | +€9,559 | +252% |
| Trade receivables | 40 | €2,427 | €11,950 | +€9,523 | +392% |
| Other amounts receivable | 41 | €1,366 | €1,402 | +€36 | +2.6% |
| Cash at bank and in hand | 54/58 | €120,307 | €64,996 | -€55,310 | -46.0% |
| Total equity and liabilities | 10/49 | €128,715 | €79,779 | -€48,936 | -38.0% |
| Equity | 10/15 | €117,297 | €69,227 | -€48,070 | -41.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,867 | €86,178 | -€33,689 | -28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €118,007 | €86,178 | -€31,829 | -27.0% |
| Profit (loss) carried forward | 14 | -€14,970 | -€29,351 | -€14,382 | -96.1% |
| Amounts payable | 17/49 | €11,418 | €10,552 | -€866 | -7.6% |
| Amounts payable within one year | 42/48 | €11,418 | €10,552 | -€866 | -7.6% |
| Trade debts | 44 | €730 | €312 | -€418 | -57.3% |
| Suppliers | 440/4 | €730 | €312 | -€418 | -57.3% |
| Taxes, remuneration and social security | 45 | €2,610 | €69 | -€2,541 | -97.3% |
| Taxes | 450/3 | €2,610 | €69 | -€2,541 | -97.3% |
| Other amounts payable | 47/48 | €8,078 | €10,171 | +€2,093 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,697 | €3,185 | -€1,513 | -32.2% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | -€9,080 | -€9,892 | -€812 | -8.9% |
| Operating profit (loss) | 9901 | -€14,354 | -€13,670 | +€684 | +4.8% |
| Financial income | 75/76B | €1 | €7 | +€6 | +424% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +424% |
| Financial charges | 65/66B | €617 | €719 | +€102 | +16.6% |
| Recurring financial charges | 65 | €617 | €719 | +€102 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,970 | -€14,382 | +€588 | +3.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,970 | -€14,382 | +€588 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,970 | -€14,382 | +€588 | +3.9% |
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 15 October 2026 via checked.be.