USINES LIGOT: 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.
USINES LIGOT
Largest movements
- Receivables within one year -€16,724
down €16,724 (-19.4%), from €86,200 to €69,476
of which Trade receivables: -€16,457
- Cash +€3,250
new in 2025: €3,250
- Advances received +€59,218
up €59,218 (+41,703%), from €142 to €59,360
- Profit (loss) carried forward -€52,375
down €52,375 (-18.9%), from -€276,530 to -€328,905
- Tax, wage and social debts -€16,251
down €16,251 (-97.7%), from €16,641 to €390
of which Remuneration and social security: -€15,357
- Other debts -€8,018
down €8,018 (-9.3%), from €86,440 to €78,422
- Short-term financial debts +€3,771
new in 2025: €3,771
- Gross operating margin -€44,746
down €44,746 (-83.2%), from €53,796 to €9,050
- Taxes -€40,674
no longer reported in 2025 (was €40,674)
- Staff costs +€4,632
up €4,632 (+8.4%), from €55,052 to €59,684
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,059 | €74,585 | -€13,474 | -15.3% |
| Fixed assets | 21/28 | €1,859 | €1,859 | = | 0.0% |
| Financial fixed assets | 28 | €1,859 | €1,859 | = | 0.0% |
| Current assets | 29/58 | €86,200 | €72,726 | -€13,474 | -15.6% |
| Amounts receivable within one year | 40/41 | €86,200 | €69,476 | -€16,724 | -19.4% |
| Trade receivables | 40 | €79,973 | €63,516 | -€16,457 | -20.6% |
| Other amounts receivable | 41 | €6,227 | €5,960 | -€267 | -4.3% |
| Cash at bank and in hand | 54/58 | - | €3,250 | +€3,250 | |
| Total equity and liabilities | 10/49 | €88,059 | €74,585 | -€13,474 | -15.3% |
| Equity | 10/15 | -€111,902 | -€164,277 | -€52,375 | -46.8% |
| Contributions | 10/11 | €94,200 | €94,200 | = | 0.0% |
| Contributions outside capital | 11 | €94,200 | - | -€94,200 | |
| Other | 1109/19 | €94,200 | - | -€94,200 | |
| Reserves | 13 | €70,428 | €70,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,420 | €9,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,420 | €9,420 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,184 | €24,184 | = | 0.0% |
| Distributable reserves | 133 | €36,824 | €36,824 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,530 | -€328,905 | -€52,375 | -18.9% |
| Amounts payable | 17/49 | €199,961 | €238,862 | +€38,901 | +19.5% |
| Amounts payable after more than one year | 17 | €96,738 | €96,739 | +€1 | 0.0% |
| Other amounts payable | 178/9 | €96,738 | €96,739 | +€1 | 0.0% |
| Amounts payable within one year | 42/48 | €103,223 | €142,123 | +€38,900 | +37.7% |
| Financial debts | 43 | - | €3,771 | +€3,771 | |
| Credit institutions | 430/8 | - | €3,771 | +€3,771 | |
| Trade debts | 44 | - | €180 | +€180 | |
| Suppliers | 440/4 | - | €180 | +€180 | |
| Advances received on contracts in progress | 46 | €142 | €59,360 | +€59,218 | +41,703% |
| Taxes, remuneration and social security | 45 | €16,641 | €390 | -€16,251 | -97.7% |
| Taxes | 450/3 | €1,284 | €390 | -€894 | -69.6% |
| Remuneration and social security | 454/9 | €15,357 | - | -€15,357 | |
| Other amounts payable | 47/48 | €86,440 | €78,422 | -€8,018 | -9.3% |
| Remuneration, social security and pensions | 62 | €55,052 | €59,684 | +€4,632 | +8.4% |
| Gross operating margin | 9900 | €53,796 | €9,050 | -€44,746 | -83.2% |
| Operating profit (loss) | 9901 | -€1,256 | -€50,634 | -€49,378 | -3,931% |
| Financial charges | 65/66B | €64 | €140 | +€76 | +119% |
| Recurring financial charges | 65 | €64 | €140 | +€76 | +119% |
| Profit (loss) for the period before taxes | 9903 | -€1,320 | -€50,774 | -€49,454 | -3,747% |
| Income taxes | 67/77 | €40,674 | - | -€40,674 | |
| Profit (loss) for the period | 9904 | -€41,994 | -€50,774 | -€8,780 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,994 | -€50,774 | -€8,780 | -20.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.