LICARE: 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.
LICARE
Largest movements
- Deferred charges and accrued income +€6,144
up €6,144 (+36.8%), from €16,709 to €22,853
- Cash +€3,006
up €3,006 (+309.9%), from €970 to €3,976
mainly Net result for the year (+€9,385) and Tax, wage and social debts (+€4,070)
- Tangible fixed assets -€1,902
down €1,902 (-14.5%), from €13,142 to €11,240
of which Other tangible fixed assets: -€1,552
- Reserves +€9,385
up €9,385 (+62.3%), from €15,065 to €24,450
- Other debts -€5,867
down €5,867 (-95.2%), from €6,165 to €299
- Tax, wage and social debts +€4,070
up €4,070 (+158.0%), from €2,576 to €6,646
of which Taxes: +€4,670
- Trade debts -€851
down €851 (-45.0%), from €1,892 to €1,041
- Current portion of long-term debt +€539
up €539 (+308.3%), from €175 to €714
- Gross operating margin +€7,223
up €7,223 (+58.6%), from €12,336 to €19,559
- Taxes +€2,966
up €2,966 (+109.7%), from €2,703 to €5,670
- Staff costs +€634
up €634 (+505.3%), from €126 to €760
- Financial charges -€606
down €606 (-49.5%), from €1,225 to €619
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 | €30,873 | €38,150 | +€7,277 | +23.6% |
| Fixed assets | 21/28 | €13,142 | €11,240 | -€1,902 | -14.5% |
| Tangible fixed assets | 22/27 | €13,142 | €11,240 | -€1,902 | -14.5% |
| Land and buildings | 22 | €3,090 | €2,900 | -€190 | -6.2% |
| Plant, machinery and equipment | 23 | €1,327 | €1,167 | -€160 | -12.1% |
| Other tangible fixed assets | 26 | €8,726 | €7,174 | -€1,552 | -17.8% |
| Current assets | 29/58 | €17,731 | €26,909 | +€9,179 | +51.8% |
| Amounts receivable within one year | 40/41 | €51 | €80 | +€29 | +56.7% |
| Trade receivables | 40 | - | €80 | +€80 | |
| Other amounts receivable | 41 | €51 | €0 | -€51 | -100.0% |
| Cash at bank and in hand | 54/58 | €970 | €3,976 | +€3,006 | +309.9% |
| Deferred charges and accrued income | 490/1 | €16,709 | €22,853 | +€6,144 | +36.8% |
| Total equity and liabilities | 10/49 | €30,873 | €38,150 | +€7,277 | +23.6% |
| Equity | 10/15 | €20,065 | €29,450 | +€9,385 | +46.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,065 | €24,450 | +€9,385 | +62.3% |
| Distributable reserves | 133 | €15,065 | €24,450 | +€9,385 | +62.3% |
| Amounts payable | 17/49 | €10,808 | €8,700 | -€2,108 | -19.5% |
| Amounts payable within one year | 42/48 | €10,808 | €8,700 | -€2,108 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €175 | €714 | +€539 | +308.3% |
| Trade debts | 44 | €1,892 | €1,041 | -€851 | -45.0% |
| Suppliers | 440/4 | €1,892 | €1,041 | -€851 | -45.0% |
| Taxes, remuneration and social security | 45 | €2,576 | €6,646 | +€4,070 | +158.0% |
| Taxes | 450/3 | €476 | €5,146 | +€4,670 | +980.3% |
| Remuneration and social security | 454/9 | €2,100 | €1,500 | -€600 | -28.6% |
| Other amounts payable | 47/48 | €6,165 | €299 | -€5,867 | -95.2% |
| Non-recurring operating income | 76A | - | €13,331 | +€13,331 | |
| Remuneration, social security and pensions | 62 | €126 | €760 | +€634 | +505.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,902 | €1,902 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,181 | €1,224 | +€43 | +3.6% |
| Gross operating margin | 9900 | €12,336 | €19,559 | +€7,223 | +58.6% |
| Operating profit (loss) | 9901 | €9,128 | €15,674 | +€6,546 | +71.7% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €1,225 | €619 | -€606 | -49.5% |
| Recurring financial charges | 65 | €1,225 | €619 | -€606 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €7,910 | €15,055 | +€7,145 | +90.3% |
| Income taxes | 67/77 | €2,703 | €5,670 | +€2,966 | +109.7% |
| Profit (loss) for the period | 9904 | €5,206 | €9,385 | +€4,179 | +80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,206 | €9,385 | +€4,179 | +80.3% |
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 6 October 2026 via checked.be.