TG LIGHT IMMO: 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.
TG LIGHT IMMO
Largest movements
- Tangible fixed assets +€61,336
up €61,336 (+18.5%), from €331,164 to €392,501
of which Land and buildings: +€70,477
- Cash -€54,046
down €54,046 (-82.2%), from €65,718 to €11,672
mainly Investment in fixed assets (net) (-€88,185) and Other debts (-€11,358)
- Stocks and contracts -€6,226
down €6,226 (-10.4%), from €60,125 to €53,900
- Trade debts +€17,007
new in 2024: €17,007
- Other debts -€11,358
down €11,358 (-18.3%), from €61,939 to €50,581
- Debts after one year -€8,552
down €8,552 (-83.9%), from €10,199 to €1,647
- Taxes +€8,059
up €8,059, from -€5,650 to €2,409
- Depreciation +€7,457
up €7,457 (+38.5%), from €19,392 to €26,848
- Gross operating margin -€5,246
down €5,246 (-11.8%), from €44,453 to €39,207
- Financial charges -€618
down €618 (-54.6%), from €1,133 to €514
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €474,525 | €471,690 | -€2,835 | -0.6% |
| Fixed assets | 21/28 | €331,164 | €392,501 | +€61,336 | +18.5% |
| Tangible fixed assets | 22/27 | €331,164 | €392,501 | +€61,336 | +18.5% |
| Land and buildings | 22 | €308,569 | €379,045 | +€70,477 | +22.8% |
| Furniture and vehicles | 24 | €22,595 | €13,455 | -€9,140 | -40.5% |
| Current assets | 29/58 | €143,361 | €79,190 | -€64,171 | -44.8% |
| Stocks and contracts in progress | 3 | €60,125 | €53,900 | -€6,226 | -10.4% |
| Stocks | 30/36 | €60,125 | €53,900 | -€6,226 | -10.4% |
| Amounts receivable within one year | 40/41 | €14,326 | €13,618 | -€708 | -4.9% |
| Trade receivables | 40 | €11,027 | €13,049 | +€2,022 | +18.3% |
| Other amounts receivable | 41 | €3,299 | €569 | -€2,730 | -82.7% |
| Cash at bank and in hand | 54/58 | €65,718 | €11,672 | -€54,046 | -82.2% |
| Deferred charges and accrued income | 490/1 | €3,191 | - | -€3,191 | |
| Total equity and liabilities | 10/49 | €474,525 | €471,690 | -€2,835 | -0.6% |
| Equity | 10/15 | €392,898 | €393,903 | +€1,005 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €229,250 | €229,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €227,391 | €227,391 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,464 | €65,469 | +€1,005 | +1.6% |
| Amounts payable | 17/49 | €81,627 | €77,787 | -€3,839 | -4.7% |
| Amounts payable after more than one year | 17 | €10,199 | €1,647 | -€8,552 | -83.9% |
| Financial debts | 170/4 | €10,199 | €1,647 | -€8,552 | -83.9% |
| Amounts payable within one year | 42/48 | €71,428 | €76,141 | +€4,713 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €9,489 | €8,552 | -€937 | -9.9% |
| Trade debts | 44 | - | €17,007 | +€17,007 | |
| Suppliers | 440/4 | - | €17,007 | +€17,007 | |
| Other amounts payable | 47/48 | €61,939 | €50,581 | -€11,358 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,392 | €26,848 | +€7,457 | +38.5% |
| Other operating charges | 640/8 | €4,736 | €5,131 | +€395 | +8.3% |
| Non-recurring operating charges | 66A | €996 | €3,299 | +€2,303 | +231% |
| Gross operating margin | 9900 | €44,453 | €39,207 | -€5,246 | -11.8% |
| Operating profit (loss) | 9901 | €19,329 | €3,928 | -€15,401 | -79.7% |
| Financial charges | 65/66B | €1,133 | €514 | -€618 | -54.6% |
| Recurring financial charges | 65 | €1,133 | €514 | -€618 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €18,197 | €3,414 | -€14,783 | -81.2% |
| Income taxes | 67/77 | -€5,650 | €2,409 | +€8,059 | |
| Profit (loss) for the period | 9904 | €23,847 | €1,005 | -€22,842 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,847 | €1,005 | -€22,842 | -95.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.