L.I.C.: 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.
L.I.C.
Largest movements
- Tangible fixed assets -€9,672
down €9,672 (-3.6%), from €272,005 to €262,334
- Cash -€5,877
down €5,877 (-45.9%), from €12,816 to €6,939
mainly Provisions (-€18,264)
- Provisions -€18,264
down €18,264 (-41.3%), from €44,199 to €25,935
No income-statement line moved by more than 1% of the activity.
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 | €286,930 | €271,367 | -€15,563 | -5.4% |
| Fixed assets | 21/28 | €272,005 | €262,334 | -€9,672 | -3.6% |
| Tangible fixed assets | 22/27 | €272,005 | €262,334 | -€9,672 | -3.6% |
| Land and buildings | 22 | €272,005 | €262,334 | -€9,672 | -3.6% |
| Current assets | 29/58 | €14,924 | €9,033 | -€5,891 | -39.5% |
| Amounts receivable within one year | 40/41 | €1,556 | €1,551 | -€5 | -0.3% |
| Trade receivables | 40 | €1,522 | €1,544 | +€22 | +1.4% |
| Other amounts receivable | 41 | €34 | €8 | -€27 | -77.9% |
| Cash at bank and in hand | 54/58 | €12,816 | €6,939 | -€5,877 | -45.9% |
| Deferred charges and accrued income | 490/1 | €552 | €543 | -€10 | -1.7% |
| Total equity and liabilities | 10/49 | €286,930 | €271,367 | -€15,563 | -5.4% |
| Equity | 10/15 | €166,793 | €169,494 | +€2,701 | +1.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €36,325 | €36,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,532 | -€116,831 | +€2,701 | +2.3% |
| Provisions and deferred taxes | 16 | €44,199 | €25,935 | -€18,264 | -41.3% |
| Provisions for liabilities and charges | 160/5 | €44,199 | €25,935 | -€18,264 | -41.3% |
| Other liabilities and charges | 164/5 | €44,199 | €25,935 | -€18,264 | -41.3% |
| Amounts payable | 17/49 | €75,938 | €75,938 | = | 0.0% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €938 | €938 | = | 0.0% |
| Trade debts | 44 | €938 | €938 | = | 0.0% |
| Suppliers | 440/4 | €938 | €938 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,672 | €9,672 | = | 0.0% |
| Other operating charges | 640/8 | €1,416 | €1,456 | +€40 | +2.8% |
| Gross operating margin | 9900 | €14,760 | €14,786 | +€26 | +0.2% |
| Operating profit (loss) | 9901 | €3,673 | €3,658 | -€14 | -0.4% |
| Financial income | 75/76B | €72 | €25 | -€47 | -65.2% |
| Recurring financial income | 75 | €72 | €25 | -€47 | -65.2% |
| Financial charges | 65/66B | €983 | €983 | = | 0.0% |
| Recurring financial charges | 65 | €983 | €983 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,762 | €2,701 | -€61 | -2.2% |
| Profit (loss) for the period | 9904 | €2,762 | €2,701 | -€61 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,762 | €2,701 | -€61 | -2.2% |
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 14 October 2026 via checked.be.