LICOMA & CO: 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.
LICOMA & CO
Largest movements
- Cash -€36,019
down €36,019 (-87.3%), from €41,263 to €5,244
mainly Net result for the year (-€41,349) and Investment in fixed assets (net) (-€31,145)
- Tangible fixed assets +€8,802
up €8,802 (+1.9%), from €456,610 to €465,412
- Other debts +€44,055
up €44,055 (+55.5%), from €79,426 to €123,481
- Reserves -€41,349
down €41,349 (-97.5%), from €42,410 to €1,061
- Debts after one year -€28,833
down €28,833 (-21.5%), from €134,343 to €105,510
- Gross operating margin -€26,710
down €26,710 (-83.3%), from €32,056 to €5,346
- Depreciation +€4,648
up €4,648 (+26.3%), from €17,695 to €22,343
- Financial charges +€2,805
up €2,805 (+37.7%), from €7,434 to €10,239
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 | €498,067 | €471,239 | -€26,828 | -5.4% |
| Fixed assets | 21/28 | €456,804 | €465,606 | +€8,802 | +1.9% |
| Tangible fixed assets | 22/27 | €456,610 | €465,412 | +€8,802 | +1.9% |
| Land and buildings | 22 | €456,610 | €465,412 | +€8,802 | +1.9% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €41,263 | €5,633 | -€35,630 | -86.3% |
| Amounts receivable within one year | 40/41 | - | €333 | +€333 | |
| Trade receivables | 40 | - | €333 | +€333 | |
| Cash at bank and in hand | 54/58 | €41,263 | €5,244 | -€36,019 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €56 | +€56 | |
| Total equity and liabilities | 10/49 | €498,067 | €471,239 | -€26,828 | -5.4% |
| Equity | 10/15 | €252,812 | €211,463 | -€41,349 | -16.4% |
| Contributions | 10/11 | €210,402 | €210,402 | = | 0.0% |
| Reserves | 13 | €42,410 | €1,061 | -€41,349 | -97.5% |
| Distributable reserves | 133 | €42,410 | €1,061 | -€41,349 | -97.5% |
| Amounts payable | 17/49 | €245,255 | €259,776 | +€14,521 | +5.9% |
| Amounts payable after more than one year | 17 | €134,343 | €105,510 | -€28,833 | -21.5% |
| Financial debts | 170/4 | €134,343 | €105,510 | -€28,833 | -21.5% |
| Amounts payable within one year | 42/48 | €110,912 | €154,266 | +€43,354 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €28,153 | €28,833 | +€680 | +2.4% |
| Trade debts | 44 | €1,940 | - | -€1,940 | |
| Suppliers | 440/4 | €1,940 | - | -€1,940 | |
| Taxes, remuneration and social security | 45 | €1,393 | €1,952 | +€559 | +40.1% |
| Taxes | 450/3 | €1,393 | €1,952 | +€559 | +40.1% |
| Other amounts payable | 47/48 | €79,426 | €123,481 | +€44,055 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,695 | €22,343 | +€4,648 | +26.3% |
| Other operating charges | 640/8 | €13,829 | €14,113 | +€284 | +2.1% |
| Gross operating margin | 9900 | €32,056 | €5,346 | -€26,710 | -83.3% |
| Operating profit (loss) | 9901 | €532 | -€31,110 | -€31,642 | |
| Financial charges | 65/66B | €7,434 | €10,239 | +€2,805 | +37.7% |
| Recurring financial charges | 65 | €7,434 | €10,239 | +€2,805 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,902 | -€41,349 | -€34,447 | -499% |
| Profit (loss) for the period | 9904 | -€6,902 | -€41,349 | -€34,447 | -499% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,902 | -€41,349 | -€34,447 | -499% |
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 24 October 2026 via checked.be.