LICATA P & F: 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.
LICATA P & F
Largest movements
- Cash +€27,968
up €27,968 (+44.6%), from €62,652 to €90,620
mainly Net result for the year (+€17,199) and Tax, wage and social debts (+€9,930)
- Tangible fixed assets -€7,875
down €7,875 (-23.8%), from €33,022 to €25,147
of which Land and buildings: -€3,947
- Deferred charges and accrued income -€3,569
down €3,569 (-25.6%), from €13,950 to €10,382
- Receivables within one year +€2,744
up €2,744 (+30.4%), from €9,017 to €11,761
of which Trade receivables: +€2,754
- Reserves +€11,900
up €11,900 (+15.4%), from €77,128 to €89,028
of which Distributable reserves: +€11,900
- Tax, wage and social debts +€9,930
up €9,930 (+156%), from €6,366 to €16,296
- Other debts -€4,695
down €4,695 (-37.7%), from €12,444 to €7,749
- Gross operating margin +€10,548
up €10,548 (+43.9%), from €24,055 to €34,603
- Taxes +€2,114
up €2,114 (+31.9%), from €6,626 to €8,740
- Depreciation +€1,939
up €1,939 (+29.6%), from €6,554 to €8,494
- Financial income -€489
down €489 (-55.9%), from €876 to €387
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 | €120,004 | €138,655 | +€18,651 | +15.5% |
| Fixed assets | 21/28 | €34,385 | €25,892 | -€8,494 | -24.7% |
| Intangible fixed assets | 21 | €1,363 | €744 | -€619 | -45.4% |
| Tangible fixed assets | 22/27 | €33,022 | €25,147 | -€7,875 | -23.8% |
| Land and buildings | 22 | €24,025 | €20,078 | -€3,947 | -16.4% |
| Furniture and vehicles | 24 | €6,254 | €2,931 | -€3,323 | -53.1% |
| Other tangible fixed assets | 26 | €2,743 | €2,139 | -€604 | -22.0% |
| Current assets | 29/58 | €85,619 | €112,763 | +€27,144 | +31.7% |
| Amounts receivable within one year | 40/41 | €9,017 | €11,761 | +€2,744 | +30.4% |
| Trade receivables | 40 | €9,007 | €11,761 | +€2,754 | +30.6% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Cash at bank and in hand | 54/58 | €62,652 | €90,620 | +€27,968 | +44.6% |
| Deferred charges and accrued income | 490/1 | €13,950 | €10,382 | -€3,569 | -25.6% |
| Total equity and liabilities | 10/49 | €120,004 | €138,655 | +€18,651 | +15.5% |
| Equity | 10/15 | €95,767 | €107,965 | +€12,199 | +12.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €77,128 | €89,028 | +€11,900 | +15.4% |
| Tax-exempt reserves | 132 | €7,178 | €7,178 | = | 0.0% |
| Distributable reserves | 133 | €69,950 | €81,850 | +€11,900 | +17.0% |
| Profit (loss) carried forward | 14 | €10,579 | €10,877 | +€299 | +2.8% |
| Amounts payable | 17/49 | €24,237 | €30,689 | +€6,452 | +26.6% |
| Amounts payable within one year | 42/48 | €22,294 | €28,814 | +€6,520 | +29.2% |
| Trade debts | 44 | €3,485 | €4,770 | +€1,285 | +36.9% |
| Suppliers | 440/4 | €3,485 | €4,770 | +€1,285 | +36.9% |
| Taxes, remuneration and social security | 45 | €6,366 | €16,296 | +€9,930 | +156% |
| Taxes | 450/3 | €6,366 | €16,296 | +€9,930 | +156% |
| Other amounts payable | 47/48 | €12,444 | €7,749 | -€4,695 | -37.7% |
| Accrued charges and deferred income | 492/3 | €1,943 | €1,875 | -€68 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,554 | €8,494 | +€1,939 | +29.6% |
| Other operating charges | 640/8 | €264 | €223 | -€41 | -15.5% |
| Gross operating margin | 9900 | €24,055 | €34,603 | +€10,548 | +43.9% |
| Operating profit (loss) | 9901 | €17,237 | €25,887 | +€8,650 | +50.2% |
| Financial income | 75/76B | €876 | €387 | -€489 | -55.9% |
| Recurring financial income | 75 | €876 | €387 | -€489 | -55.9% |
| Financial charges | 65/66B | €415 | €335 | -€80 | -19.3% |
| Recurring financial charges | 65 | €415 | €335 | -€80 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €17,698 | €25,939 | +€8,240 | +46.6% |
| Income taxes | 67/77 | €6,626 | €8,740 | +€2,114 | +31.9% |
| Profit (loss) for the period | 9904 | €11,072 | €17,199 | +€6,126 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,072 | €17,199 | +€6,126 | +55.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.