V3 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.
V3 LIGHTING
Largest movements
- Cash +€71,960
up €71,960 (+4,745%), from €1,516 to €73,477
mainly Receivables within one year (+€61,207) and Debts after one year (+€34,973)
- Receivables within one year -€61,207
down €61,207 (-52.2%), from €117,322 to €56,115
of which Trade receivables: -€61,996
- Deferred charges and accrued income -€32,483
down €32,483 (-54.0%), from €60,169 to €27,686
- Intangible fixed assets +€4,675
new in 2023: €4,675
- Tangible fixed assets -€4,227
down €4,227 (-18.1%), from €23,333 to €19,106
of which Plant, machinery and equipment: -€3,137
- Debts after one year +€34,973
up €34,973 (+23.6%), from €148,065 to €183,038
- Trade debts -€24,606
down €24,606 (-18.8%), from €131,145 to €106,538
- Profit (loss) carried forward -€16,169
down €16,169 (-31.4%), from -€51,431 to -€67,601
- Tax, wage and social debts +€14,176
up €14,176 (+66.8%), from €21,222 to €35,398
of which Taxes: +€7,541
- Other debts -€11,336
down €11,336 (-76.5%), from €14,817 to €3,481
- Staff costs +€19,273
up €19,273 (+16.4%), from €117,654 to €136,927
- Depreciation -€7,486
down €7,486 (-63.9%), from €11,713 to €4,227
- Write-downs +€7,424
new in 2023: €7,424
- Financial charges +€6,404
up €6,404 (+93.9%), from €6,820 to €13,224
- Gross operating margin +€5,324
up €5,324 (+3.6%), from €146,111 to €151,435
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €373,043 | €351,626 | -€21,416 | -5.7% |
| Fixed assets | 21/28 | €23,333 | €23,781 | +€448 | +1.9% |
| Intangible fixed assets | 21 | - | €4,675 | +€4,675 | |
| Tangible fixed assets | 22/27 | €23,333 | €19,106 | -€4,227 | -18.1% |
| Plant, machinery and equipment | 23 | €18,289 | €15,152 | -€3,137 | -17.2% |
| Furniture and vehicles | 24 | €1,659 | €1,149 | -€511 | -30.8% |
| Other tangible fixed assets | 26 | €3,385 | €2,805 | -€580 | -17.1% |
| Current assets | 29/58 | €349,710 | €327,845 | -€21,864 | -6.3% |
| Stocks and contracts in progress | 3 | €170,702 | €170,567 | -€135 | -0.1% |
| Stocks | 30/36 | €170,702 | €170,567 | -€135 | -0.1% |
| Amounts receivable within one year | 40/41 | €117,322 | €56,115 | -€61,207 | -52.2% |
| Trade receivables | 40 | €114,887 | €52,891 | -€61,996 | -54.0% |
| Other amounts receivable | 41 | €2,435 | €3,224 | +€789 | +32.4% |
| Cash at bank and in hand | 54/58 | €1,516 | €73,477 | +€71,960 | +4,745% |
| Deferred charges and accrued income | 490/1 | €60,169 | €27,686 | -€32,483 | -54.0% |
| Total equity and liabilities | 10/49 | €373,043 | €351,626 | -€21,416 | -5.7% |
| Equity | 10/15 | €19,573 | €3,403 | -€16,169 | -82.6% |
| Contributions | 10/11 | €68,550 | €68,550 | = | 0.0% |
| Reserves | 13 | €2,454 | €2,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,454 | €2,454 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,454 | €2,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,431 | -€67,601 | -€16,169 | -31.4% |
| Amounts payable | 17/49 | €353,470 | €348,223 | -€5,247 | -1.5% |
| Amounts payable after more than one year | 17 | €148,065 | €183,038 | +€34,973 | +23.6% |
| Financial debts | 170/4 | €148,065 | €183,038 | +€34,973 | +23.6% |
| Amounts payable within one year | 42/48 | €196,249 | €165,133 | -€31,116 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €29,065 | €19,716 | -€9,349 | -32.2% |
| Trade debts | 44 | €131,145 | €106,538 | -€24,606 | -18.8% |
| Suppliers | 440/4 | €131,145 | €106,538 | -€24,606 | -18.8% |
| Taxes, remuneration and social security | 45 | €21,222 | €35,398 | +€14,176 | +66.8% |
| Taxes | 450/3 | €12,401 | €19,942 | +€7,541 | +60.8% |
| Remuneration and social security | 454/9 | €8,821 | €15,456 | +€6,635 | +75.2% |
| Other amounts payable | 47/48 | €14,817 | €3,481 | -€11,336 | -76.5% |
| Accrued charges and deferred income | 492/3 | €9,156 | €51 | -€9,105 | -99.4% |
| Remuneration, social security and pensions | 62 | €117,654 | €136,927 | +€19,273 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,713 | €4,227 | -€7,486 | -63.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,424 | +€7,424 | |
| Other operating charges | 640/8 | €5,094 | €5,638 | +€544 | +10.7% |
| Gross operating margin | 9900 | €146,111 | €151,435 | +€5,324 | +3.6% |
| Operating profit (loss) | 9901 | €11,651 | -€2,780 | -€14,431 | |
| Financial income | 75/76B | €44 | €36 | -€8 | -18.6% |
| Recurring financial income | 75 | €44 | €36 | -€8 | -18.6% |
| Financial charges | 65/66B | €6,820 | €13,224 | +€6,404 | +93.9% |
| Recurring financial charges | 65 | €6,820 | €13,224 | +€6,404 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | €4,875 | -€15,968 | -€20,843 | |
| Income taxes | 67/77 | €97 | €202 | +€105 | +108% |
| Profit (loss) for the period | 9904 | €4,778 | -€16,169 | -€20,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,778 | -€16,169 | -€20,947 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.