LIDICON: 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.
LIDICON
Largest movements
- Receivables within one year +€169,737
up €169,737 (+65.6%), from €258,728 to €428,464
of which Other amounts receivable: +€182,037
- Cash +€60,257
up €60,257 (+415%), from €14,526 to €74,783
mainly Other debts (+€206,398) and Net result for the year (+€176,552)
- Other debts +€206,398
up €206,398 (+613%), from €33,664 to €240,063
- Advances received +€60,300
new in 2025: €60,300
- Reserves -€40,400
down €40,400 (-16.9%), from €238,752 to €198,353
- Tax, wage and social debts +€6,120
up €6,120 (+212%), from €2,888 to €9,008
- Gross operating margin +€106,597
up €106,597 (+99.3%), from €107,314 to €213,912
- Taxes +€30,547
up €30,547 (+136%), from €22,483 to €53,030
- Financial income +€8,436
up €8,436 (+60.3%), from €13,983 to €22,419
- Depreciation -€8,402
down €8,402 (-83.8%), from €10,022 to €1,620
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 | €298,712 | €528,960 | +€230,247 | +77.1% |
| Fixed assets | 21/28 | €25,221 | €23,448 | -€1,773 | -7.0% |
| Tangible fixed assets | 22/27 | €15,221 | €13,448 | -€1,773 | -11.7% |
| Plant, machinery and equipment | 23 | - | €3,232 | +€3,232 | |
| Furniture and vehicles | 24 | €15,221 | €10,216 | -€5,005 | -32.9% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €273,491 | €505,512 | +€232,021 | +84.8% |
| Amounts receivable within one year | 40/41 | €258,728 | €428,464 | +€169,737 | +65.6% |
| Trade receivables | 40 | €62,300 | €50,000 | -€12,300 | -19.7% |
| Other amounts receivable | 41 | €196,428 | €378,464 | +€182,037 | +92.7% |
| Cash at bank and in hand | 54/58 | €14,526 | €74,783 | +€60,257 | +415% |
| Deferred charges and accrued income | 490/1 | €237 | €2,264 | +€2,027 | +855% |
| Total equity and liabilities | 10/49 | €298,712 | €528,960 | +€230,247 | +77.1% |
| Equity | 10/15 | €257,352 | €216,953 | -€40,400 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,752 | €198,353 | -€40,400 | -16.9% |
| Distributable reserves | 133 | €238,752 | €198,353 | -€40,400 | -16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,360 | €312,007 | +€270,647 | +654% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €41,360 | €312,007 | +€270,647 | +654% |
| Current portion of amounts payable after more than one year | 42 | €2,919 | €2,090 | -€829 | -28.4% |
| Trade debts | 44 | €1,888 | €547 | -€1,341 | -71.0% |
| Suppliers | 440/4 | €1,888 | €547 | -€1,341 | -71.0% |
| Advances received on contracts in progress | 46 | - | €60,300 | +€60,300 | |
| Taxes, remuneration and social security | 45 | €2,888 | €9,008 | +€6,120 | +212% |
| Taxes | 450/3 | €2,888 | €9,008 | +€6,120 | +212% |
| Other amounts payable | 47/48 | €33,664 | €240,063 | +€206,398 | +613% |
| Non-recurring operating income | 76A | €34 | €0 | -€34 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,022 | €1,620 | -€8,402 | -83.8% |
| Other operating charges | 640/8 | €1,320 | €2,499 | +€1,179 | +89.3% |
| Non-recurring operating charges | 66A | - | €207 | +€207 | |
| Gross operating margin | 9900 | €107,314 | €213,912 | +€106,597 | +99.3% |
| Operating profit (loss) | 9901 | €95,972 | €209,585 | +€113,613 | +118% |
| Financial income | 75/76B | €13,983 | €22,419 | +€8,436 | +60.3% |
| Recurring financial income | 75 | €13,983 | €22,419 | +€8,436 | +60.3% |
| Financial charges | 65/66B | €2,563 | €2,421 | -€142 | -5.5% |
| Recurring financial charges | 65 | €2,563 | €2,421 | -€142 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €107,392 | €229,582 | +€122,190 | +114% |
| Income taxes | 67/77 | €22,483 | €53,030 | +€30,547 | +136% |
| Profit (loss) for the period | 9904 | €84,909 | €176,552 | +€91,643 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €84,909 | €176,552 | +€91,643 | +108% |
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 29 October 2026 via checked.be.