LICAS: 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.
LICAS
Largest movements
- Receivables within one year -€2,023
down €2,023 (-25.1%), from €8,057 to €6,034
of which Other amounts receivable: -€2,622
- Profit (loss) carried forward -€2,426
down €2,426, from €649 to -€1,776
- Trade debts +€774
up €774 (+144%), from €537 to €1,311
- Reserves -€400
down €400 (-17.7%), from €2,260 to €1,860
of which Distributable reserves: -€400
- Other operating charges +€207
up €207 (+39.3%), from €525 to €731
- Financial income -€126
down €126 (-27.3%), from €460 to €335
of which Financial income: -€126
- Gross operating margin -€62
down €62 (-2.8%), from -€2,190 to -€2,252
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 | €9,926 | €7,875 | -€2,051 | -20.7% |
| Fixed assets | 21/28 | €1,800 | €1,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €8,126 | €6,075 | -€2,051 | -25.2% |
| Amounts receivable within one year | 40/41 | €8,057 | €6,034 | -€2,023 | -25.1% |
| Trade receivables | 40 | €441 | €1,041 | +€599 | +136% |
| Other amounts receivable | 41 | €7,616 | €4,994 | -€2,622 | -34.4% |
| Cash at bank and in hand | 54/58 | €69 | €40 | -€29 | -41.6% |
| Total equity and liabilities | 10/49 | €9,926 | €7,875 | -€2,051 | -20.7% |
| Equity | 10/15 | €9,109 | €6,284 | -€2,826 | -31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,260 | €1,860 | -€400 | -17.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €400 | €0 | -€400 | -100% |
| Profit (loss) carried forward | 14 | €649 | -€1,776 | -€2,426 | |
| Amounts payable | 17/49 | €817 | €1,591 | +€774 | +94.8% |
| Amounts payable within one year | 42/48 | €817 | €1,591 | +€774 | +94.8% |
| Trade debts | 44 | €537 | €1,311 | +€774 | +144% |
| Suppliers | 440/4 | €537 | €1,311 | +€774 | +144% |
| Taxes, remuneration and social security | 45 | €280 | €280 | = | 0.0% |
| Taxes | 450/3 | €280 | €280 | = | 0.0% |
| Other operating charges | 640/8 | €525 | €731 | +€207 | +39.3% |
| Gross operating margin | 9900 | -€2,190 | -€2,252 | -€62 | -2.8% |
| Operating profit (loss) | 9901 | -€2,715 | -€2,984 | -€269 | -9.9% |
| Financial income | 75/76B | €460 | €335 | -€126 | -27.3% |
| Recurring financial income | 75 | €460 | €335 | -€126 | -27.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €156 | €176 | +€20 | +13.0% |
| Recurring financial charges | 65 | €156 | €176 | +€20 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,411 | -€2,826 | -€415 | -17.2% |
| Profit (loss) for the period | 9904 | -€2,411 | -€2,826 | -€415 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,411 | -€2,826 | -€415 | -17.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.