LIGRIDO: what changed
LIGRIDO
Largest movements
- Cash +€12,899
up €12,899 (+16.3%), from €79,263 to €92,162
mainly Depreciation (+€27,913) and Debts after one year (+€8,042)
- Tangible fixed assets -€7,275
down €7,275 (-1.9%), from €381,166 to €373,891
of which Assets under construction and advance payments: -€111,919
- Deferred charges and accrued income -€5,068
down €5,068 (-92.4%), from €5,488 to €420
- Debts after one year +€8,042
up €8,042 (+4.9%), from €164,500 to €172,542
- Investment grants -€5,804
down €5,804 (-10.0%), from €58,043 to €52,239
- Accrued charges and deferred income +€5,207
up €5,207 (+3,747%), from €139 to €5,346
- Tax, wage and social debts -€5,079
down €5,079 (-81.8%), from €6,210 to €1,132
of which Remuneration and social security: -€5,000
- Other debts -€5,000
down €5,000 (-4.8%), from €105,000 to €100,000
- Depreciation +€12,075
up €12,075 (+76.2%), from €15,838 to €27,913
- Gross operating margin +€6,753
up €6,753 (+37.1%), from €18,201 to €24,954
- Financial income +€5,804
up €5,804 (+892,875%), from €1 to €5,804
- Financial charges +€329
new in 2025: €329
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €483,942 | €484,367 | +€425 | +0.1% |
| Fixed assets | 21/28 | €381,166 | €373,891 | -€7,275 | -1.9% |
| Tangible fixed assets | 22/27 | €381,166 | €373,891 | -€7,275 | -1.9% |
| Land and buildings | 22 | €249,099 | €241,432 | -€7,667 | -3.1% |
| Plant, machinery and equipment | 23 | €16,532 | €116,165 | +€99,633 | +603% |
| Furniture and vehicles | 24 | €3,616 | €16,294 | +€12,678 | +351% |
| Assets under construction and advance payments | 27 | €111,919 | - | -€111,919 | |
| Current assets | 29/58 | €102,777 | €110,476 | +€7,700 | +7.5% |
| Amounts receivable within one year | 40/41 | €18,025 | €17,895 | -€130 | -0.7% |
| Trade receivables | 40 | €18,025 | €17,895 | -€130 | -0.7% |
| Cash at bank and in hand | 54/58 | €79,263 | €92,162 | +€12,899 | +16.3% |
| Deferred charges and accrued income | 490/1 | €5,488 | €420 | -€5,068 | -92.4% |
| Total equity and liabilities | 10/49 | €483,942 | €484,367 | +€425 | +0.1% |
| Equity | 10/15 | €201,998 | €196,857 | -€5,141 | -2.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €66,400 | €66,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,445 | -€21,781 | +€663 | +3.0% |
| Investment grants | 15 | €58,043 | €52,239 | -€5,804 | -10.0% |
| Amounts payable | 17/49 | €281,944 | €287,510 | +€5,566 | +2.0% |
| Amounts payable after more than one year | 17 | €164,500 | €172,542 | +€8,042 | +4.9% |
| Financial debts | 170/4 | €164,500 | €172,542 | +€8,042 | +4.9% |
| Amounts payable within one year | 42/48 | €117,305 | €109,622 | -€7,683 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,854 | +€4,854 | |
| Trade debts | 44 | €6,095 | €3,637 | -€2,458 | -40.3% |
| Suppliers | 440/4 | €6,095 | €3,637 | -€2,458 | -40.3% |
| Taxes, remuneration and social security | 45 | €6,210 | €1,132 | -€5,079 | -81.8% |
| Taxes | 450/3 | €1,210 | €1,132 | -€79 | -6.5% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €105,000 | €100,000 | -€5,000 | -4.8% |
| Accrued charges and deferred income | 492/3 | €139 | €5,346 | +€5,207 | +3,747% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,838 | €27,913 | +€12,075 | +76.2% |
| Other operating charges | 640/8 | €1,789 | €1,853 | +€64 | +3.6% |
| Gross operating margin | 9900 | €18,201 | €24,954 | +€6,753 | +37.1% |
| Operating profit (loss) | 9901 | €575 | -€4,812 | -€5,387 | |
| Financial income | 75/76B | €1 | €5,804 | +€5,804 | +892,875% |
| Recurring financial income | 75 | €1 | €5,804 | +€5,804 | +892,875% |
| Financial charges | 65/66B | - | €329 | +€329 | |
| Recurring financial charges | 65 | - | €329 | +€329 | |
| Profit (loss) for the period before taxes | 9903 | €576 | €663 | +€88 | +15.2% |
| Profit (loss) for the period | 9904 | €576 | €663 | +€88 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €576 | €663 | +€88 | +15.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.