TL-LIGHTING: 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.
TL-LIGHTING
Largest movements
- Tangible fixed assets +€88,937
up €88,937 (+647.3%), from €13,739 to €102,676
of which Furniture and vehicles: +€89,164
- Receivables within one year +€28,737
up €28,737 (+270.5%), from €10,624 to €39,360
of which Other amounts receivable: +€25,394
- Deferred charges and accrued income +€5,405
new in 2025: €5,405
- Debts after one year +€81,322
new in 2025: €81,322
- Reserves +€22,932
up €22,932 (+646.7%), from €3,546 to €26,478
- Trade debts +€19,468
up €19,468 (+1795.7%), from €1,084 to €20,552
- Current portion of long-term debt +€11,584
new in 2025: €11,584
- Profit (loss) carried forward -€9,551
no longer reported in 2025 (was €9,551)
- Gross operating margin +€70,035
up €70,035, from -€20,730 to €49,305
- Depreciation +€7,543
up €7,543 (+624.8%), from €1,207 to €8,750
- Staff costs +€5,601
up €5,601 (+253.1%), from €2,213 to €7,814
- Write-downs +€5,171
new in 2025: €5,171
- Other operating charges -€2,535
down €2,535 (-75.5%), from €3,359 to €824
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 | €34,563 | €159,117 | +€124,555 | +360.4% |
| Fixed assets | 21/28 | €13,890 | €103,037 | +€89,147 | +641.8% |
| Tangible fixed assets | 22/27 | €13,739 | €102,676 | +€88,937 | +647.3% |
| Plant, machinery and equipment | 23 | €596 | €369 | -€227 | -38.0% |
| Furniture and vehicles | 24 | €13,143 | €102,307 | +€89,164 | +678.4% |
| Financial fixed assets | 28 | €151 | €361 | +€210 | +139.3% |
| Current assets | 29/58 | €20,673 | €56,081 | +€35,407 | +171.3% |
| Amounts receivable within one year | 40/41 | €10,624 | €39,360 | +€28,737 | +270.5% |
| Trade receivables | 40 | €6,859 | €10,202 | +€3,343 | +48.7% |
| Other amounts receivable | 41 | €3,765 | €29,158 | +€25,394 | +674.6% |
| Cash at bank and in hand | 54/58 | €10,049 | €11,316 | +€1,266 | +12.6% |
| Deferred charges and accrued income | 490/1 | - | €5,405 | +€5,405 | |
| Total equity and liabilities | 10/49 | €34,563 | €159,117 | +€124,555 | +360.4% |
| Equity | 10/15 | €18,097 | €31,478 | +€13,381 | +73.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,546 | €26,478 | +€22,932 | +646.7% |
| Distributable reserves | 133 | €3,546 | €26,478 | +€22,932 | +646.7% |
| Profit (loss) carried forward | 14 | €9,551 | - | -€9,551 | |
| Amounts payable | 17/49 | €16,465 | €127,639 | +€111,174 | +675.2% |
| Amounts payable after more than one year | 17 | - | €81,322 | +€81,322 | |
| Financial debts | 170/4 | - | €81,322 | +€81,322 | |
| Amounts payable within one year | 42/48 | €16,465 | €46,317 | +€29,852 | +181.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,584 | +€11,584 | |
| Trade debts | 44 | €1,084 | €20,552 | +€19,468 | +1795.7% |
| Suppliers | 440/4 | €1,084 | €20,552 | +€19,468 | +1795.7% |
| Taxes, remuneration and social security | 45 | €10,859 | €2,624 | -€8,235 | -75.8% |
| Taxes | 450/3 | €10,859 | €2,624 | -€8,235 | -75.8% |
| Other amounts payable | 47/48 | €4,522 | €11,557 | +€7,035 | +155.6% |
| Remuneration, social security and pensions | 62 | €2,213 | €7,814 | +€5,601 | +253.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,207 | €8,750 | +€7,543 | +624.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,171 | +€5,171 | |
| Other operating charges | 640/8 | €3,359 | €824 | -€2,535 | -75.5% |
| Non-recurring operating charges | 66A | - | €108 | +€108 | |
| Gross operating margin | 9900 | -€20,730 | €49,305 | +€70,035 | |
| Operating profit (loss) | 9901 | -€27,509 | €26,638 | +€54,147 | |
| Financial income | 75/76B | €19 | €145 | +€126 | +678.9% |
| Recurring financial income | 75 | €19 | €145 | +€126 | +678.9% |
| Financial charges | 65/66B | €2,914 | €1,303 | -€1,611 | -55.3% |
| Recurring financial charges | 65 | €2,914 | €1,303 | -€1,611 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,405 | €25,480 | +€55,885 | |
| Income taxes | 67/77 | €77 | €2,547 | +€2,471 | +3227.3% |
| Profit (loss) for the period | 9904 | -€30,481 | €22,932 | +€53,414 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,481 | €22,932 | +€53,414 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.