LICA CITY: 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.
LICA CITY
Largest movements
- Stocks and contracts +€235,913
up €235,913 (+701%), from €33,631 to €269,545
- Tangible fixed assets -€32,012
down €32,012 (-5.8%), from €547,241 to €515,229
of which Assets under construction and advance payments: -€32,166
- Debts after one year +€159,985
up €159,985 (+32.6%), from €491,406 to €651,391
of which Financial debts: +€110,791
- Current portion of long-term debt +€79,516
up €79,516 (+82.7%), from €96,110 to €175,626
- Profit (loss) carried forward -€37,483
down €37,483 (-960%), from -€3,905 to -€41,388
- Purchases and services +€79,555
new in 2024: €79,555
- Turnover +€55,397
new in 2024: €55,397
- Taxes +€9,999
up €9,999 (+88.9%), from -€11,246 to -€1,247
- Financial charges +€3,108
up €3,108 (+50.9%), from €6,110 to €9,218
- Depreciation +€2,033
up €2,033 (+16.0%), from €12,702 to €14,735
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,355 | €817,004 | +€209,649 | +34.5% |
| Fixed assets | 21/28 | €547,241 | €515,229 | -€32,012 | -5.8% |
| Tangible fixed assets | 22/27 | €547,241 | €515,229 | -€32,012 | -5.8% |
| Land and buildings | 22 | €311,247 | €299,218 | -€12,029 | -3.9% |
| Furniture and vehicles | 24 | €0 | €12,183 | +€12,183 | |
| Assets under construction and advance payments | 27 | €235,994 | €203,828 | -€32,166 | -13.6% |
| Current assets | 29/58 | €60,114 | €301,775 | +€241,661 | +402% |
| Stocks and contracts in progress | 3 | €33,631 | €269,545 | +€235,913 | +701% |
| Stocks | 30/36 | €33,631 | €269,545 | +€235,913 | +701% |
| Amounts receivable within one year | 40/41 | €5,123 | €12,025 | +€6,901 | +135% |
| Trade receivables | 40 | €5,123 | €4,709 | -€414 | -8.1% |
| Other amounts receivable | 41 | €0 | €7,316 | +€7,316 | |
| Cash at bank and in hand | 54/58 | €19,835 | €20,206 | +€370 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,524 | - | -€1,524 | |
| Total equity and liabilities | 10/49 | €607,355 | €817,004 | +€209,649 | +34.5% |
| Equity | 10/15 | €16,555 | -€20,928 | -€37,483 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,905 | -€41,388 | -€37,483 | -960% |
| Amounts payable | 17/49 | €590,800 | €837,932 | +€247,132 | +41.8% |
| Amounts payable after more than one year | 17 | €491,406 | €651,391 | +€159,985 | +32.6% |
| Financial debts | 170/4 | - | €110,791 | +€110,791 | |
| Other amounts payable | 178/9 | €491,406 | €540,600 | +€49,194 | +10.0% |
| Amounts payable within one year | 42/48 | €99,394 | €186,541 | +€87,146 | +87.7% |
| Current portion of amounts payable after more than one year | 42 | €96,110 | €175,626 | +€79,516 | +82.7% |
| Trade debts | 44 | €3,285 | €10,915 | +€7,631 | +232% |
| Suppliers | 440/4 | €3,285 | €10,915 | +€7,631 | +232% |
| Turnover | 70 | - | €55,397 | +€55,397 | |
| Non-recurring operating income | 76A | €193 | - | -€193 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €79,555 | +€79,555 | |
| Remuneration, social security and pensions | 62 | €61 | -€100 | -€161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,702 | €14,735 | +€2,033 | +16.0% |
| Other operating charges | 640/8 | €3,216 | €3,248 | +€32 | +1.0% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | -€9,983 | -€11,714 | -€1,731 | -17.3% |
| Operating profit (loss) | 9901 | -€26,962 | -€29,597 | -€2,635 | -9.8% |
| Financial income | 75/76B | €78 | €84 | +€6 | +7.3% |
| Recurring financial income | 75 | €78 | €84 | +€6 | +7.3% |
| Financial charges | 65/66B | €6,110 | €9,218 | +€3,108 | +50.9% |
| Recurring financial charges | 65 | €6,110 | €9,218 | +€3,108 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,993 | -€38,730 | -€5,737 | -17.4% |
| Income taxes | 67/77 | -€11,246 | -€1,247 | +€9,999 | +88.9% |
| Profit (loss) for the period | 9904 | -€21,747 | -€37,483 | -€15,736 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,747 | -€37,483 | -€15,736 | -72.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.