VERLICHTING.BE: 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.
VERLICHTING.BE
Largest movements
- Cash +€82,120
up €82,120 (+27.9%), from €293,931 to €376,051
mainly Net result for the year (+€204,474) and Trade debts (+€82,715)
- Tangible fixed assets -€42,646
down €42,646 (-3.9%), from €1.1m to €1.1m
of which Land and buildings: -€21,522
- Receivables within one year +€40,338
up €40,338 (+34.2%), from €118,113 to €158,451
of which Trade receivables: +€77,279
- Trade debts +€82,715
up €82,715 (+127%), from €65,215 to €147,931
- Debts after one year -€65,456
down €65,456 (-12.8%), from €512,805 to €447,348
- Reserves +€35,918
up €35,918 (+4.0%), from €890,016 to €925,934
- Other debts +€28,737
new in 2025: €28,737
- Gross operating margin +€59,979
up €59,979 (+12.5%), from €480,817 to €540,797
- Staff costs +€25,817
up €25,817 (+14.8%), from €174,411 to €200,228
- Taxes +€9,184
up €9,184 (+17.0%), from €54,044 to €63,228
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.
Derived cash bridge
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 | €1,896,795 | €1,993,974 | +€97,180 | +5.1% |
| Fixed assets | 21/28 | €1,104,848 | €1,062,202 | -€42,646 | -3.9% |
| Tangible fixed assets | 22/27 | €1,104,848 | €1,062,202 | -€42,646 | -3.9% |
| Land and buildings | 22 | €858,085 | €836,563 | -€21,522 | -2.5% |
| Plant, machinery and equipment | 23 | €8,696 | €8,401 | -€295 | -3.4% |
| Furniture and vehicles | 24 | €494 | €370 | -€123 | -25.0% |
| Leasing and similar rights | 25 | €53,354 | €41,374 | -€11,980 | -22.5% |
| Other tangible fixed assets | 26 | €184,218 | €175,493 | -€8,725 | -4.7% |
| Current assets | 29/58 | €791,947 | €931,772 | +€139,825 | +17.7% |
| Stocks and contracts in progress | 3 | €370,463 | €387,748 | +€17,285 | +4.7% |
| Stocks | 30/36 | €370,463 | €387,748 | +€17,285 | +4.7% |
| Amounts receivable within one year | 40/41 | €118,113 | €158,451 | +€40,338 | +34.2% |
| Trade receivables | 40 | €18,296 | €95,575 | +€77,279 | +422% |
| Other amounts receivable | 41 | €99,817 | €62,876 | -€36,941 | -37.0% |
| Cash at bank and in hand | 54/58 | €293,931 | €376,051 | +€82,120 | +27.9% |
| Deferred charges and accrued income | 490/1 | €9,440 | €9,522 | +€82 | +0.9% |
| Total equity and liabilities | 10/49 | €1,896,795 | €1,993,974 | +€97,180 | +5.1% |
| Equity | 10/15 | €1,208,616 | €1,244,534 | +€35,918 | +3.0% |
| Contributions | 10/11 | €318,600 | €318,600 | = | 0.0% |
| Reserves | 13 | €890,016 | €925,934 | +€35,918 | +4.0% |
| Distributable reserves | 133 | €890,016 | €925,934 | +€35,918 | +4.0% |
| Amounts payable | 17/49 | €688,179 | €749,441 | +€61,262 | +8.9% |
| Amounts payable after more than one year | 17 | €512,805 | €447,348 | -€65,456 | -12.8% |
| Financial debts | 170/4 | €512,805 | €447,348 | -€65,456 | -12.8% |
| Amounts payable within one year | 42/48 | €175,374 | €302,092 | +€126,718 | +72.3% |
| Current portion of amounts payable after more than one year | 42 | €63,195 | €65,456 | +€2,262 | +3.6% |
| Financial debts | 43 | €11,850 | €29,234 | +€17,384 | +147% |
| Other loans | 439 | €11,850 | €29,234 | +€17,384 | +147% |
| Trade debts | 44 | €65,215 | €147,931 | +€82,715 | +127% |
| Suppliers | 440/4 | €65,215 | €147,931 | +€82,715 | +127% |
| Taxes, remuneration and social security | 45 | €35,115 | €30,735 | -€4,380 | -12.5% |
| Taxes | 450/3 | €18,037 | €8,067 | -€9,970 | -55.3% |
| Remuneration and social security | 454/9 | €17,078 | €22,668 | +€5,590 | +32.7% |
| Other amounts payable | 47/48 | - | €28,737 | +€28,737 | |
| Non-recurring operating income | 76A | €14,050 | - | -€14,050 | |
| Remuneration, social security and pensions | 62 | €174,411 | €200,228 | +€25,817 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,254 | €58,944 | +€4,690 | +8.6% |
| Other operating charges | 640/8 | €7,351 | €9,350 | +€1,999 | +27.2% |
| Non-recurring operating charges | 66A | - | €277 | +€277 | |
| Gross operating margin | 9900 | €480,817 | €540,797 | +€59,979 | +12.5% |
| Operating profit (loss) | 9901 | €244,801 | €271,998 | +€27,197 | +11.1% |
| Financial income | 75/76B | €12,340 | €15,753 | +€3,413 | +27.7% |
| Recurring financial income | 75 | €12,340 | €15,753 | +€3,413 | +27.7% |
| Financial charges | 65/66B | €21,952 | €20,049 | -€1,903 | -8.7% |
| Recurring financial charges | 65 | €21,952 | €20,049 | -€1,903 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €235,189 | €267,702 | +€32,513 | +13.8% |
| Income taxes | 67/77 | €54,044 | €63,228 | +€9,184 | +17.0% |
| Profit (loss) for the period | 9904 | €181,145 | €204,474 | +€23,329 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €181,145 | €204,474 | +€23,329 | +12.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.