The Light Tech: what changed
Two fiscal 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.
The Light Tech
Largest movements
- Tangible fixed assets +€25,902
up €25,902 (+62.5%), from €41,472 to €67,374
of which Leasing and similar rights: +€43,453
- Cash +€10,478
up €10,478 (+115.0%), from €9,111 to €19,589
mainly Debts after one year (+€31,900) and Depreciation (+€14,295)
- Receivables within one year -€5,399
down €5,399 (-46.4%), from €11,626 to €6,228
of which Trade receivables: -€6,039
- Debts after one year +€31,900
new in 2025: €31,900
- Profit (loss) carried forward -€12,514
down €12,514 (-100.0%), from €12,514 to €0
- Current portion of long-term debt +€8,131
new in 2025: €8,131
- Reserves +€6,638
new in 2025: €6,638
- Tax, wage and social debts -€4,568
down €4,568 (-96.7%), from €4,725 to €157
of which Taxes: -€2,468
- Depreciation +€6,432
up €6,432 (+81.8%), from €7,863 to €14,295
- Gross operating margin -€3,727
down €3,727 (-21.9%), from €17,018 to €13,291
- Other operating charges +€2,646
up €2,646 (+375.0%), from €706 to €3,352
- Taxes -€2,348
down €2,348 (-98.0%), from €2,395 to €47
- Financial charges +€1,498
up €1,498 (+2560.2%), from €59 to €1,556
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.
Cash bridge derived
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 | €62,925 | €93,546 | +€30,621 | +48.7% |
| Fixed assets | 21/28 | €41,472 | €67,374 | +€25,902 | +62.5% |
| Tangible fixed assets | 22/27 | €41,472 | €67,374 | +€25,902 | +62.5% |
| Plant, machinery and equipment | 23 | €27,409 | €21,689 | -€5,720 | -20.9% |
| Furniture and vehicles | 24 | €14,063 | €2,233 | -€11,830 | -84.1% |
| Leasing and similar rights | 25 | - | €43,453 | +€43,453 | |
| Current assets | 29/58 | €21,453 | €26,171 | +€4,718 | +22.0% |
| Amounts receivable within one year | 40/41 | €11,626 | €6,228 | -€5,399 | -46.4% |
| Trade receivables | 40 | €7,773 | €1,735 | -€6,039 | -77.7% |
| Other amounts receivable | 41 | €3,853 | €4,493 | +€640 | +16.6% |
| Cash at bank and in hand | 54/58 | €9,111 | €19,589 | +€10,478 | +115.0% |
| Deferred charges and accrued income | 490/1 | €715 | €354 | -€361 | -50.5% |
| Total equity and liabilities | 10/49 | €62,925 | €93,546 | +€30,621 | +48.7% |
| Equity | 10/15 | €15,014 | €9,138 | -€5,876 | -39.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €6,638 | +€6,638 | |
| Distributable reserves | 133 | - | €6,638 | +€6,638 | |
| Profit (loss) carried forward | 14 | €12,514 | €0 | -€12,514 | -100.0% |
| Amounts payable | 17/49 | €47,911 | €84,408 | +€36,497 | +76.2% |
| Amounts payable after more than one year | 17 | - | €31,900 | +€31,900 | |
| Financial debts | 170/4 | - | €31,900 | +€31,900 | |
| Amounts payable within one year | 42/48 | €47,911 | €52,508 | +€4,597 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,131 | +€8,131 | |
| Trade debts | 44 | €729 | €1,937 | +€1,208 | +165.6% |
| Suppliers | 440/4 | €729 | €1,937 | +€1,208 | +165.6% |
| Taxes, remuneration and social security | 45 | €4,725 | €157 | -€4,568 | -96.7% |
| Taxes | 450/3 | €2,625 | €157 | -€2,468 | -94.0% |
| Remuneration and social security | 454/9 | €2,100 | €0 | -€2,100 | -100.0% |
| Other amounts payable | 47/48 | €42,457 | €42,283 | -€174 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,863 | €14,295 | +€6,432 | +81.8% |
| Other operating charges | 640/8 | €706 | €3,352 | +€2,646 | +375.0% |
| Gross operating margin | 9900 | €17,018 | €13,291 | -€3,727 | -21.9% |
| Operating profit (loss) | 9901 | €8,449 | -€4,356 | -€12,805 | |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | - | €83 | +€83 | |
| Financial charges | 65/66B | €59 | €1,556 | +€1,498 | +2560.2% |
| Recurring financial charges | 65 | €59 | €1,556 | +€1,498 | +2560.2% |
| Profit (loss) for the period before taxes | 9903 | €8,391 | -€5,829 | -€14,220 | |
| Income taxes | 67/77 | €2,395 | €47 | -€2,348 | -98.0% |
| Profit (loss) for the period | 9904 | €5,996 | -€5,876 | -€11,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,996 | -€5,876 | -€11,872 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.