DR LICORNE: 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.
DR LICORNE
Largest movements
- Cash +€18,575
up €18,575 (+20.6%), from €90,334 to €108,909
mainly Other debts (+€140,277) and Net result for the year (+€36,994)
- Tangible fixed assets -€9,159
down €9,159 (-32.3%), from €28,323 to €19,164
- Other debts +€140,277
up €140,277 (+87,422%), from €160 to €140,438
- Profit (loss) carried forward -€128,006
down €128,006 (-99.1%), from €129,153 to €1,147
- Debts after one year -€8,778
down €8,778 (-45.2%), from €19,433 to €10,655
- Tax, wage and social debts +€7,095
up €7,095 (+473%), from €1,500 to €8,595
- Gross operating margin -€38,515
down €38,515 (-39.1%), from €98,398 to €59,883
- Taxes -€7,801
down €7,801 (-39.6%), from €19,698 to €11,897
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 | €166,823 | €176,439 | +€9,616 | +5.8% |
| Fixed assets | 21/28 | €28,323 | €19,184 | -€9,139 | -32.3% |
| Tangible fixed assets | 22/27 | €28,323 | €19,164 | -€9,159 | -32.3% |
| Furniture and vehicles | 24 | €28,323 | €19,164 | -€9,159 | -32.3% |
| Financial fixed assets | 28 | - | €20 | +€20 | |
| Current assets | 29/58 | €138,499 | €157,255 | +€18,755 | +13.5% |
| Amounts receivable within one year | 40/41 | €1,302 | €1,875 | +€573 | +44.0% |
| Trade receivables | 40 | - | €573 | +€573 | |
| Other amounts receivable | 41 | €1,302 | €1,302 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €90,334 | €108,909 | +€18,575 | +20.6% |
| Deferred charges and accrued income | 490/1 | €46,864 | €46,472 | -€392 | -0.8% |
| Total equity and liabilities | 10/49 | €166,823 | €176,439 | +€9,616 | +5.8% |
| Equity | 10/15 | €133,153 | €5,147 | -€128,006 | -96.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,153 | €1,147 | -€128,006 | -99.1% |
| Amounts payable | 17/49 | €33,670 | €171,292 | +€137,622 | +409% |
| Amounts payable after more than one year | 17 | €19,433 | €10,655 | -€8,778 | -45.2% |
| Financial debts | 170/4 | €19,433 | €10,655 | -€8,778 | -45.2% |
| Amounts payable within one year | 42/48 | €14,237 | €160,307 | +€146,070 | +1,026% |
| Current portion of amounts payable after more than one year | 42 | €8,463 | €8,778 | +€315 | +3.7% |
| Trade debts | 44 | €4,113 | €2,495 | -€1,618 | -39.3% |
| Suppliers | 440/4 | €4,113 | €2,495 | -€1,618 | -39.3% |
| Taxes, remuneration and social security | 45 | €1,500 | €8,595 | +€7,095 | +473% |
| Taxes | 450/3 | €1,500 | €8,595 | +€7,095 | +473% |
| Other amounts payable | 47/48 | €160 | €140,438 | +€140,277 | +87,422% |
| Accrued charges and deferred income | 492/3 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,159 | €9,159 | +€0 | 0.0% |
| Other operating charges | 640/8 | €732 | €857 | +€125 | +17.1% |
| Gross operating margin | 9900 | €98,398 | €59,883 | -€38,515 | -39.1% |
| Operating profit (loss) | 9901 | €88,507 | €49,867 | -€38,640 | -43.7% |
| Financial income | 75/76B | €0 | €174 | +€174 | +75,591% |
| Recurring financial income | 75 | €0 | €174 | +€174 | +75,591% |
| Financial charges | 65/66B | €1,376 | €1,150 | -€226 | -16.4% |
| Recurring financial charges | 65 | €1,376 | €1,150 | -€226 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €87,132 | €48,891 | -€38,240 | -43.9% |
| Income taxes | 67/77 | €19,698 | €11,897 | -€7,801 | -39.6% |
| Profit (loss) for the period | 9904 | €67,433 | €36,994 | -€30,439 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,433 | €36,994 | -€30,439 | -45.1% |
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 27 October 2026 via checked.be.