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
- Tangible fixed assets +€32,004
up €32,004 (+34.1%), from €93,910 to €125,915
of which Furniture and vehicles: +€34,277
- Cash -€18,293
down €18,293 (-21.6%), from €84,778 to €66,486
mainly Investment in fixed assets (net) (-€39,227) and Contributions, distributions and other (-€1,666)
- Reserves +€8,174
up €8,174 (+5.6%), from €146,257 to €154,431
of which Distributable reserves: +€8,174
- Other debts +€3,902
up €3,902 (+21.1%), from €18,532 to €22,433
- Gross operating margin +€4,843
up €4,843 (+24.9%), from €19,429 to €24,272
- Depreciation +€3,232
up €3,232 (+81.0%), from €3,990 to €7,222
- Other operating charges -€1,639
down €1,639 (-26.5%), from €6,185 to €4,546
- Taxes +€1,395
up €1,395, from -€263 to €1,132
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 | €188,788 | €201,114 | +€12,325 | +6.5% |
| Fixed assets | 21/28 | €93,910 | €125,915 | +€32,004 | +34.1% |
| Tangible fixed assets | 22/27 | €93,910 | €125,915 | +€32,004 | +34.1% |
| Land and buildings | 22 | €91,277 | €89,005 | -€2,273 | -2.5% |
| Plant, machinery and equipment | 23 | €1,030 | €1,030 | = | 0.0% |
| Furniture and vehicles | 24 | €1,603 | €35,880 | +€34,277 | +2138.8% |
| Current assets | 29/58 | €94,878 | €75,199 | -€19,679 | -20.7% |
| Amounts receivable within one year | 40/41 | €1,389 | €1,389 | = | 0.0% |
| Trade receivables | 40 | €1,389 | €1,389 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €84,778 | €66,486 | -€18,293 | -21.6% |
| Deferred charges and accrued income | 490/1 | €8,710 | €7,324 | -€1,386 | -15.9% |
| Total equity and liabilities | 10/49 | €188,788 | €201,114 | +€12,325 | +6.5% |
| Equity | 10/15 | €164,857 | €173,031 | +€8,174 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,257 | €154,431 | +€8,174 | +5.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €146,257 | €154,431 | +€8,174 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €23,931 | €28,082 | +€4,151 | +17.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €22,945 | €26,745 | +€3,800 | +16.6% |
| Trade debts | 44 | €1,205 | €406 | -€799 | -66.3% |
| Suppliers | 440/4 | €1,205 | €406 | -€799 | -66.3% |
| Taxes, remuneration and social security | 45 | €3,208 | €3,905 | +€697 | +21.7% |
| Taxes | 450/3 | €934 | €1,631 | +€697 | +74.6% |
| Remuneration and social security | 454/9 | €2,274 | €2,274 | = | 0.0% |
| Other amounts payable | 47/48 | €18,532 | €22,433 | +€3,902 | +21.1% |
| Accrued charges and deferred income | 492/3 | €987 | €1,338 | +€351 | +35.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,990 | €7,222 | +€3,232 | +81.0% |
| Other operating charges | 640/8 | €6,185 | €4,546 | -€1,639 | -26.5% |
| Gross operating margin | 9900 | €19,429 | €24,272 | +€4,843 | +24.9% |
| Operating profit (loss) | 9901 | €9,255 | €12,504 | +€3,249 | +35.1% |
| Financial charges | 65/66B | €1,516 | €1,532 | +€16 | +1.1% |
| Recurring financial charges | 65 | €1,516 | €1,532 | +€16 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €7,739 | €10,972 | +€3,233 | +41.8% |
| Income taxes | 67/77 | -€263 | €1,132 | +€1,395 | |
| Profit (loss) for the period | 9904 | €8,002 | €9,840 | +€1,838 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,002 | €9,840 | +€1,838 | +23.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.