LICOPUUR: 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.
LICOPUUR
Largest movements
- Receivables within one year -€46,515
down €46,515 (-46.6%), from €99,735 to €53,220
of which Other amounts receivable: -€56,844
- Cash -€13,204
down €13,204 (-46.6%), from €28,351 to €15,147
mainly Other debts (-€56,119) and Trade debts (-€8,944)
- Other debts -€56,119
down €56,119 (-95.2%), from €58,935 to €2,816
- Trade debts -€8,944
down €8,944 (-66.8%), from €13,385 to €4,440
- Profit (loss) carried forward +€6,797
up €6,797 (+20.9%), from -€32,582 to -€25,786
- Tax, wage and social debts -€2,087
no longer reported in 2025 (was €2,087)
- Gross operating margin +€29,485
up €29,485, from -€20,969 to €8,515
- Financial income -€5,735
down €5,735 (-100.0%), from €5,735 to €1
- Financial charges -€320
down €320 (-33.3%), from €960 to €640
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 | €131,616 | €71,263 | -€60,353 | -45.9% |
| Fixed assets | 21/28 | €1,607 | €803 | -€803 | -50.0% |
| Tangible fixed assets | 22/27 | €1,607 | €803 | -€803 | -50.0% |
| Land and buildings | 22 | €1,607 | €803 | -€803 | -50.0% |
| Current assets | 29/58 | €130,009 | €70,460 | -€59,550 | -45.8% |
| Stocks and contracts in progress | 3 | €537 | €450 | -€87 | -16.2% |
| Stocks | 30/36 | €537 | €450 | -€87 | -16.2% |
| Amounts receivable within one year | 40/41 | €99,735 | €53,220 | -€46,515 | -46.6% |
| Trade receivables | 40 | €23,233 | €33,562 | +€10,329 | +44.5% |
| Other amounts receivable | 41 | €76,502 | €19,658 | -€56,844 | -74.3% |
| Cash at bank and in hand | 54/58 | €28,351 | €15,147 | -€13,204 | -46.6% |
| Deferred charges and accrued income | 490/1 | €1,386 | €1,642 | +€257 | +18.5% |
| Total equity and liabilities | 10/49 | €131,616 | €71,263 | -€60,353 | -45.9% |
| Equity | 10/15 | €26,210 | €33,006 | +€6,797 | +25.9% |
| Contributions | 10/11 | €58,592 | €58,592 | = | 0.0% |
| Capital | 10 | €58,592 | - | -€58,592 | |
| Issued capital | 100 | €58,592 | - | -€58,592 | |
| Contributions outside capital | 11 | - | €58,592 | +€58,592 | |
| Share premium | 1100/10 | - | €58,592 | +€58,592 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | - | -€200 | |
| Legal reserve | 130 | €200 | - | -€200 | |
| Distributable reserves | 133 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | -€32,582 | -€25,786 | +€6,797 | +20.9% |
| Amounts payable | 17/49 | €105,406 | €38,257 | -€67,150 | -63.7% |
| Amounts payable within one year | 42/48 | €74,406 | €7,257 | -€67,150 | -90.2% |
| Trade debts | 44 | €13,385 | €4,440 | -€8,944 | -66.8% |
| Suppliers | 440/4 | €13,385 | €4,440 | -€8,944 | -66.8% |
| Taxes, remuneration and social security | 45 | €2,087 | - | -€2,087 | |
| Taxes | 450/3 | €2,087 | - | -€2,087 | |
| Other amounts payable | 47/48 | €58,935 | €2,816 | -€56,119 | -95.2% |
| Accrued charges and deferred income | 492/3 | €31,000 | €31,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803 | €803 | = | 0.0% |
| Other operating charges | 640/8 | €208 | €276 | +€67 | +32.4% |
| Non-recurring operating charges | 66A | €35,233 | - | -€35,233 | |
| Gross operating margin | 9900 | -€20,969 | €8,515 | +€29,485 | |
| Operating profit (loss) | 9901 | -€57,214 | €7,436 | +€64,650 | |
| Financial income | 75/76B | €5,735 | €1 | -€5,735 | -100.0% |
| Recurring financial income | 75 | €5,735 | €1 | -€5,735 | -100.0% |
| Financial charges | 65/66B | €960 | €640 | -€320 | -33.3% |
| Recurring financial charges | 65 | €960 | €640 | -€320 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€52,438 | €6,797 | +€59,235 | |
| Profit (loss) for the period | 9904 | -€52,438 | €6,797 | +€59,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,438 | €6,797 | +€59,235 |
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 23 October 2026 via checked.be.