LA 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.
LA LICORNE
Largest movements
- Tangible fixed assets -€64,313
down €64,313 (-6.3%), from €1.0m to €961,710
of which Plant, machinery and equipment: -€41,069
- Cash -€11,556
down €11,556 (-89.4%), from €12,923 to €1,367
mainly Net result for the year (-€90,546) and Investment in fixed assets (net) (-€19,582)
- Profit (loss) carried forward -€90,546
down €90,546 (-5.2%), from -€1.7m to -€1.8m
- Trade debts +€16,737
up €16,737 (+63.9%), from €26,195 to €42,932
- Gross operating margin +€36,173
up €36,173 (+190%), from €19,021 to €55,194
- Depreciation +€12,531
up €12,531 (+17.6%), from €71,364 to €83,894
- Financial charges -€2,098
down €2,098 (-72.2%), from €2,907 to €809
of which Financial charges: -€2,074
- Staff costs +€736
up €736 (+1.7%), from €42,112 to €42,848
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 | €1,114,429 | €1,043,215 | -€71,214 | -6.4% |
| Fixed assets | 21/28 | €1,026,642 | €962,330 | -€64,313 | -6.3% |
| Tangible fixed assets | 22/27 | €1,026,023 | €961,710 | -€64,313 | -6.3% |
| Land and buildings | 22 | €696,544 | €681,666 | -€14,877 | -2.1% |
| Plant, machinery and equipment | 23 | €296,111 | €255,042 | -€41,069 | -13.9% |
| Furniture and vehicles | 24 | €33,368 | €25,002 | -€8,366 | -25.1% |
| Financial fixed assets | 28 | €619 | €619 | = | 0.0% |
| Current assets | 29/58 | €87,786 | €80,885 | -€6,901 | -7.9% |
| Stocks and contracts in progress | 3 | €32,600 | €31,276 | -€1,324 | -4.1% |
| Stocks | 30/36 | €32,600 | €31,276 | -€1,324 | -4.1% |
| Amounts receivable within one year | 40/41 | €41,175 | €47,307 | +€6,133 | +14.9% |
| Trade receivables | 40 | €40,906 | €47,307 | +€6,401 | +15.6% |
| Other amounts receivable | 41 | €269 | - | -€269 | |
| Current investments | 50/53 | €199 | - | -€199 | |
| Cash at bank and in hand | 54/58 | €12,923 | €1,367 | -€11,556 | -89.4% |
| Deferred charges and accrued income | 490/1 | €890 | €935 | +€44 | +5.0% |
| Total equity and liabilities | 10/49 | €1,114,429 | €1,043,215 | -€71,214 | -6.4% |
| Equity | 10/15 | -€806,532 | -€897,077 | -€90,546 | -11.2% |
| Contributions | 10/11 | €918,550 | €918,550 | = | 0.0% |
| Reserves | 13 | €42 | €42 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42 | €42 | = | 0.0% |
| Other | 1319 | €42 | €42 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,725,124 | -€1,815,669 | -€90,546 | -5.2% |
| Amounts payable | 17/49 | €1,920,960 | €1,940,292 | +€19,332 | +1.0% |
| Amounts payable after more than one year | 17 | €1,500,000 | €1,500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,500,000 | €1,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €420,960 | €440,292 | +€19,332 | +4.6% |
| Trade debts | 44 | €26,195 | €42,932 | +€16,737 | +63.9% |
| Suppliers | 440/4 | €26,195 | €42,932 | +€16,737 | +63.9% |
| Taxes, remuneration and social security | 45 | €4,116 | €4,989 | +€873 | +21.2% |
| Taxes | 450/3 | €2,834 | €4,234 | +€1,400 | +49.4% |
| Remuneration and social security | 454/9 | €1,282 | €755 | -€527 | -41.1% |
| Other amounts payable | 47/48 | €390,649 | €392,371 | +€1,722 | +0.4% |
| Non-recurring operating income | 76A | - | €1,191 | +€1,191 | |
| Remuneration, social security and pensions | 62 | €42,112 | €42,848 | +€736 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,364 | €83,894 | +€12,531 | +17.6% |
| Other operating charges | 640/8 | €10,253 | €10,505 | +€252 | +2.5% |
| Non-recurring operating charges | 66A | €3,197 | €7,682 | +€4,485 | +140% |
| Gross operating margin | 9900 | €19,021 | €55,194 | +€36,173 | +190% |
| Operating profit (loss) | 9901 | -€107,904 | -€89,736 | +€18,168 | +16.8% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Non-recurring financial income | 76B | €6 | - | -€6 | |
| Financial charges | 65/66B | €2,907 | €809 | -€2,098 | -72.2% |
| Recurring financial charges | 65 | €2,883 | €809 | -€2,074 | -71.9% |
| Non-recurring financial charges | 66B | €23 | - | -€23 | |
| Profit (loss) for the period before taxes | 9903 | -€110,806 | -€90,546 | +€20,260 | +18.3% |
| Profit (loss) for the period | 9904 | -€110,806 | -€90,546 | +€20,260 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,806 | -€90,546 | +€20,260 | +18.3% |
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 18 October 2026 via checked.be.