Lic: what changed
Two fiscal 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.
Lic
Largest movements
- Tangible fixed assets -€13,138
down €13,138 (-15.8%), from €83,072 to €69,934
of which Furniture and vehicles: -€11,184
- Cash +€5,203
up €5,203 (+64.0%), from €8,134 to €13,336
mainly Net result for the year (+€30,651) and Depreciation (+€13,138)
- Profit (loss) carried forward +€30,651
up €30,651 (+28.2%), from -€108,676 to -€78,025
- Current portion of long-term debt -€20,304
down €20,304 (-79.2%), from €25,636 to €5,331
- Debts after one year -€19,896
down €19,896 (-6.2%), from €320,318 to €300,422
of which Other amounts payable: -€14,565
- Depreciation -€1,534
down €1,534 (-10.5%), from €14,672 to €13,138
- Other operating charges -€853
down €853 (-6.1%), from €14,073 to €13,220
- Financial charges -€780
down €780 (-56.6%), from €1,378 to €598
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.
Cash bridge derived
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 | €348,261 | €340,128 | -€8,133 | -2.3% |
| Fixed assets | 21/28 | €333,072 | €319,934 | -€13,138 | -3.9% |
| Tangible fixed assets | 22/27 | €83,072 | €69,934 | -€13,138 | -15.8% |
| Land and buildings | 22 | €53,105 | €51,151 | -€1,954 | -3.7% |
| Furniture and vehicles | 24 | €29,968 | €18,784 | -€11,184 | -37.3% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €15,188 | €20,193 | +€5,005 | +33.0% |
| Amounts receivable within one year | 40/41 | €7,055 | €6,857 | -€197 | -2.8% |
| Trade receivables | 40 | €7,055 | €6,857 | -€197 | -2.8% |
| Cash at bank and in hand | 54/58 | €8,134 | €13,336 | +€5,203 | +64.0% |
| Total equity and liabilities | 10/49 | €348,261 | €340,128 | -€8,133 | -2.3% |
| Equity | 10/15 | -€8,483 | €22,169 | +€30,651 | |
| Contributions | 10/11 | €92,013 | €92,013 | = | 0.0% |
| Capital | 10 | €92,013 | €92,013 | = | 0.0% |
| Issued capital | 100 | €92,013 | €92,013 | = | 0.0% |
| Reserves | 13 | €8,180 | €8,180 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,676 | -€78,025 | +€30,651 | +28.2% |
| Amounts payable | 17/49 | €356,743 | €317,959 | -€38,784 | -10.9% |
| Amounts payable after more than one year | 17 | €320,318 | €300,422 | -€19,896 | -6.2% |
| Financial debts | 170/4 | €5,331 | €0 | -€5,331 | -100.0% |
| Other amounts payable | 178/9 | €314,987 | €300,422 | -€14,565 | -4.6% |
| Amounts payable within one year | 42/48 | €32,254 | €13,235 | -€19,020 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €25,636 | €5,331 | -€20,304 | -79.2% |
| Trade debts | 44 | €1,701 | €1,597 | -€103 | -6.1% |
| Suppliers | 440/4 | €1,701 | €1,597 | -€103 | -6.1% |
| Taxes, remuneration and social security | 45 | €4,918 | €6,306 | +€1,388 | +28.2% |
| Taxes | 450/3 | €2,494 | €3,176 | +€682 | +27.3% |
| Remuneration and social security | 454/9 | €2,424 | €3,130 | +€706 | +29.1% |
| Accrued charges and deferred income | 492/3 | €4,171 | €4,303 | +€132 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,672 | €13,138 | -€1,534 | -10.5% |
| Other operating charges | 640/8 | €14,073 | €13,220 | -€853 | -6.1% |
| Gross operating margin | 9900 | €58,000 | €58,075 | +€75 | +0.1% |
| Operating profit (loss) | 9901 | €29,256 | €31,717 | +€2,461 | +8.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,378 | €598 | -€780 | -56.6% |
| Recurring financial charges | 65 | €1,378 | €598 | -€780 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €27,878 | €31,119 | +€3,241 | +11.6% |
| Income taxes | 67/77 | €632 | €468 | -€164 | -26.0% |
| Profit (loss) for the period | 9904 | €27,246 | €30,651 | +€3,405 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,246 | €30,651 | +€3,405 | +12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.