LICLEM: 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.
LICLEM
Largest movements
- Tangible fixed assets -€16,469
down €16,469 (-55.9%), from €29,466 to €12,997
- Cash +€5,417
up €5,417 (+707%), from €767 to €6,184
mainly Depreciation (+€18,005) and Other debts (+€6,289)
- Receivables within one year +€783
up €783 (+13.5%), from €5,817 to €6,600
of which Trade receivables: +€900
- Debts after one year -€12,059
down €12,059 (-59.7%), from €20,196 to €8,137
- Other debts +€6,289
up €6,289 (+149%), from €4,221 to €10,510
- Profit (loss) carried forward -€5,281
down €5,281 (-225%), from -€2,346 to -€7,627
- Tax, wage and social debts +€508
up €508 (+43.5%), from €1,167 to €1,674
- Gross operating margin +€3,362
up €3,362 (+25.4%), from €13,214 to €16,576
- Taxes +€735
up €735 (+63.0%), from €1,167 to €1,901
- Financial charges -€194
down €194 (-29.6%), from €655 to €461
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 | €37,308 | €26,832 | -€10,476 | -28.1% |
| Formation expenses | 20 | €399 | €150 | -€250 | -62.5% |
| Fixed assets | 21/28 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Tangible fixed assets | 22/27 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Furniture and vehicles | 24 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Current assets | 29/58 | €7,443 | €13,686 | +€6,243 | +83.9% |
| Amounts receivable within one year | 40/41 | €5,817 | €6,600 | +€783 | +13.5% |
| Trade receivables | 40 | €5,700 | €6,600 | +€900 | +15.8% |
| Other amounts receivable | 41 | €117 | - | -€117 | |
| Cash at bank and in hand | 54/58 | €767 | €6,184 | +€5,417 | +707% |
| Deferred charges and accrued income | 490/1 | €859 | €902 | +€43 | +5.0% |
| Total equity and liabilities | 10/49 | €37,308 | €26,832 | -€10,476 | -28.1% |
| Equity | 10/15 | -€1,346 | -€6,627 | -€5,281 | -392% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,346 | -€7,627 | -€5,281 | -225% |
| Amounts payable | 17/49 | €38,655 | €33,459 | -€5,195 | -13.4% |
| Amounts payable after more than one year | 17 | €20,196 | €8,137 | -€12,059 | -59.7% |
| Financial debts | 170/4 | €20,196 | €8,137 | -€12,059 | -59.7% |
| Amounts payable within one year | 42/48 | €18,459 | €25,322 | +€6,864 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €11,885 | €12,059 | +€174 | +1.5% |
| Trade debts | 44 | €1,186 | €1,080 | -€107 | -9.0% |
| Suppliers | 440/4 | €1,186 | €1,080 | -€107 | -9.0% |
| Taxes, remuneration and social security | 45 | €1,167 | €1,674 | +€508 | +43.5% |
| Taxes | 450/3 | €1,167 | €1,674 | +€508 | +43.5% |
| Other amounts payable | 47/48 | €4,221 | €10,510 | +€6,289 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,863 | €18,005 | +€142 | +0.8% |
| Other operating charges | 640/8 | €1,439 | €1,490 | +€51 | +3.5% |
| Gross operating margin | 9900 | €13,214 | €16,576 | +€3,362 | +25.4% |
| Operating profit (loss) | 9901 | -€6,088 | -€2,919 | +€3,169 | +52.1% |
| Financial charges | 65/66B | €655 | €461 | -€194 | -29.6% |
| Recurring financial charges | 65 | €655 | €461 | -€194 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,743 | -€3,379 | +€3,363 | +49.9% |
| Income taxes | 67/77 | €1,167 | €1,901 | +€735 | +63.0% |
| Profit (loss) for the period | 9904 | -€7,910 | -€5,281 | +€2,629 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,910 | -€5,281 | +€2,629 | +33.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.