LITES: what changed
What changed
LITES
NACE 59.120, Post-production of films, video and television programmes
filed annual accounts (NBB)
Net result for the year
-€1.0m
2024 · €848,981-€1.9m
Equity
€9.2m
2024 · €10.9m-€1.7m
Cash
€14,680
2024 · €77,530-€62,849
Balance sheet total
€28.7m
2024 · €29.7m-€949,138
Largest movements
Assets
- Receivables within one year -€825,367
down €825,367 (-46.4%), from €1.8m to €954,308
of which Trade receivables: -€816,105
Equity and liabilities
- Profit (loss) carried forward -€834,345
no longer reported in 2025 (was €834,345)
- Trade debts +€831,445
up €831,445 (+124%), from €667,874 to €1.5m
- Investment grants -€700,000
no longer reported in 2025 (was €700,000)
- Other debts -€586,506
down €586,506 (-48.6%), from €1.2m to €620,804
- Short-term financial debts +€560,121
up €560,121 (+155%), from €360,646 to €920,766
Income statement
- Gross operating margin -€3.3m
down €3.3m (-49.7%), from €6.6m to €3.3m
- Financial income +€648,683
up €648,683 (+1,125%), from €57,677 to €706,359
- Taxes -€339,738
down €339,738 (-99.9%), from €340,001 to €263
- Staff costs -€196,132
down €196,132 (-22.1%), from €886,168 to €690,036
- Other operating charges -€165,474
down €165,474 (-45.1%), from €367,249 to €201,775
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.
Result 2024
€848,981
Gross operating margin
-€3.3m
Staff costs
+€196,132
Depreciation
+€51,882
Other operating charges
+€165,474
Financial income
+€648,683
Financial charges
+€7,721
Taxes
+€339,738
Result 2025
-€1.0m
raises the resultlowers the result
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.
From operations
+€3.5m
Investment
-€3.4m
Financing
-€116,034
Cash 2024
€77,530
From operations (derived)
+€3.5m
Net result for the year
-€1.0m
Depreciation
+€3.5m
Stocks and contracts
-€71,935
Receivables within one year
+€825,367
Deferred charges and accrued income
+€4,341
Provisions
-€23,449
Trade debts
+€831,445
Tax, wage and social debts
-€27,182
Other debts
-€586,506
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€3.4m
Financing
-€116,034
Debts after one year
+€80,147
Current portion of long-term debt
-€56,302
Short-term financial debts
+€560,121
Contributions, distributions and other
-€700,000
Cash 2025
€14,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,680,056 | €28,730,918 | -€949,138 | -3.2% |
| Fixed assets | 21/28 | €27,650,685 | €27,522,170 | -€128,515 | -0.5% |
| Tangible fixed assets | 22/27 | €27,593,695 | €27,518,585 | -€75,110 | -0.3% |
| Land and buildings | 22 | €17,030,698 | €18,340,169 | +€1.3m | +7.7% |
| Plant, machinery and equipment | 23 | €7,461,554 | €6,230,521 | -€1.2m | -16.5% |
| Furniture and vehicles | 24 | €238,961 | €470,425 | +€231,463 | +96.9% |
| Leasing and similar rights | 25 | €2,862,481 | €2,477,470 | -€385,011 | -13.5% |
| Financial fixed assets | 28 | €56,990 | €3,585 | -€53,405 | -93.7% |
| Current assets | 29/58 | €2,029,371 | €1,208,748 | -€820,623 | -40.4% |
| Stocks and contracts in progress | 3 | €167,825 | €239,760 | +€71,935 | +42.9% |
| Stocks | 30/36 | €167,825 | €239,760 | +€71,935 | +42.9% |
| Amounts receivable within one year | 40/41 | €1,779,675 | €954,308 | -€825,367 | -46.4% |
| Trade receivables | 40 | €1,493,646 | €677,541 | -€816,105 | -54.6% |
| Other amounts receivable | 41 | €286,029 | €276,767 | -€9,262 | -3.2% |
| Cash at bank and in hand | 54/58 | €77,530 | €14,680 | -€62,849 | -81.1% |
| Deferred charges and accrued income | 490/1 | €4,341 | - | -€4,341 | |
| Total equity and liabilities | 10/49 | €29,680,056 | €28,730,918 | -€949,138 | -3.2% |
| Equity | 10/15 | €10,919,188 | €9,191,776 | -€1.7m | -15.8% |
| Contributions | 10/11 | €335,400 | €335,400 | = | 0.0% |
| Capital | 10 | €335,400 | €335,400 | = | 0.0% |
| Issued capital | 100 | €335,400 | €335,400 | = | 0.0% |
| Revaluation surpluses | 12 | €5,890,000 | €5,510,000 | -€380,000 | -6.5% |
| Reserves | 13 | €3,159,444 | €3,346,376 | +€186,933 | +5.9% |
| Non-distributable reserves | 130/1 | €33,540 | €33,540 | = | 0.0% |
| Legal reserve | 130 | €33,540 | €33,540 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,703,696 | €1,644,181 | -€59,515 | -3.5% |
| Distributable reserves | 133 | €1,422,207 | €1,668,655 | +€246,448 | +17.3% |
| Profit (loss) carried forward | 14 | €834,345 | - | -€834,345 | |
| Investment grants | 15 | €700,000 | - | -€700,000 | |
| Provisions and deferred taxes | 16 | €304,837 | €281,388 | -€23,449 | -7.7% |
| Deferred taxes | 168 | €304,837 | €281,388 | -€23,449 | -7.7% |
| Amounts payable | 17/49 | €18,456,031 | €19,257,754 | +€801,723 | +4.3% |
| Amounts payable after more than one year | 17 | €12,815,061 | €12,895,208 | +€80,147 | +0.6% |
| Financial debts | 170/4 | €12,815,061 | €12,895,208 | +€80,147 | +0.6% |
| Amounts payable within one year | 42/48 | €5,640,970 | €6,362,546 | +€721,576 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €3,298,293 | €3,241,991 | -€56,302 | -1.7% |
| Financial debts | 43 | €360,646 | €920,766 | +€560,121 | +155% |
| Credit institutions | 430/8 | €360,646 | €920,766 | +€560,121 | +155% |
| Trade debts | 44 | €667,874 | €1,499,319 | +€831,445 | +124% |
| Suppliers | 440/4 | €667,874 | €1,499,319 | +€831,445 | +124% |
| Taxes, remuneration and social security | 45 | €106,848 | €79,666 | -€27,182 | -25.4% |
| Taxes | 450/3 | €11,710 | €15,825 | +€4,114 | +35.1% |
| Remuneration and social security | 454/9 | €95,137 | €63,841 | -€31,296 | -32.9% |
| Other amounts payable | 47/48 | €1,207,310 | €620,804 | -€586,506 | -48.6% |
| Remuneration, social security and pensions | 62 | €886,168 | €690,036 | -€196,132 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,598,554 | €3,546,672 | -€51,882 | -1.4% |
| Other operating charges | 640/8 | €367,249 | €201,775 | -€165,474 | -45.1% |
| Gross operating margin | 9900 | €6,617,461 | €3,331,438 | -€3.3m | -49.7% |
| Operating profit (loss) | 9901 | €1,765,490 | -€1,107,045 | -€2.9m | |
| Financial income | 75/76B | €57,677 | €706,359 | +€648,683 | +1,125% |
| Recurring financial income | 75 | €57,677 | €706,359 | +€648,683 | +1,125% |
| Financial charges | 65/66B | €657,633 | €649,913 | -€7,721 | -1.2% |
| Recurring financial charges | 65 | €657,633 | €649,913 | -€7,721 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €1,165,533 | -€1,050,598 | -€2.2m | |
| Transfer from deferred taxes | 780 | €23,449 | €23,449 | = | 0.0% |
| Income taxes | 67/77 | €340,001 | €263 | -€339,738 | -99.9% |
| Profit (loss) for the period | 9904 | €848,981 | -€1,027,412 | -€1.9m | |
| Transfer from tax-exempt reserves | 789 | €186,307 | €59,515 | -€126,792 | -68.1% |
| Transfer to tax-exempt reserves | 689 | €631,500 | - | -€631,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €403,787 | -€967,897 | -€1.4m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.