THE LIGHTING ONE: 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 LIGHTING ONE
Largest movements
- Cash -€17
down €17 (-5.7%), from €294 to €277
mainly Net result for the year (-€617)
- Profit (loss) carried forward -€617
down €617 (-0.6%), from -€111,068 to -€111,685
- Other debts +€600
up €600 (+1.5%), from €40,911 to €41,511
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Gross operating margin -€86
down €86 (-42.1%), from -€205 to -€291
- Financial charges +€59
up €59 (+22.2%), from €266 to €325
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 | €294 | €277 | -€17 | -5.7% |
| Current assets | 29/58 | €294 | €277 | -€17 | -5.7% |
| Cash at bank and in hand | 54/58 | €294 | €277 | -€17 | -5.7% |
| Total equity and liabilities | 10/49 | €294 | €277 | -€17 | -5.7% |
| Equity | 10/15 | -€40,617 | -€41,234 | -€617 | -1.5% |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Capital | 10 | €68,592 | €68,592 | = | 0.0% |
| Issued capital | 100 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,068 | -€111,685 | -€617 | -0.6% |
| Amounts payable | 17/49 | €40,911 | €41,511 | +€600 | +1.5% |
| Amounts payable within one year | 42/48 | €40,911 | €41,511 | +€600 | +1.5% |
| Other amounts payable | 47/48 | €40,911 | €41,511 | +€600 | +1.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€205 | -€291 | -€86 | -42.1% |
| Operating profit (loss) | 9901 | -€592 | -€291 | +€301 | +50.8% |
| Financial charges | 65/66B | €266 | €325 | +€59 | +22.2% |
| Recurring financial charges | 65 | €266 | €325 | +€59 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€859 | -€617 | +€242 | +28.2% |
| Profit (loss) for the period | 9904 | -€859 | -€617 | +€242 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€859 | -€617 | +€242 | +28.2% |
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 5 October 2026 via checked.be.