LIECON: what changed
Two fiscal 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.
LIECON
Largest movements
- Receivables within one year +€22,892
up €22,892 (+118.0%), from €19,407 to €42,299
of which Trade receivables: +€20,406
- Intangible fixed assets -€5,813
down €5,813 (-50.0%), from €11,625 to €5,813
- Cash -€4,961
down €4,961 (-95.3%), from €5,205 to €245
mainly Receivables within one year (-€22,892) and Other debts (-€3,794)
- Deferred charges and accrued income +€762
up €762 (+102.9%), from €740 to €1,502
- Tangible fixed assets -€621
down €621 (-50.4%), from €1,232 to €611
of which Furniture and vehicles: -€621
- Reserves +€14,658
new in 2025: €14,658
- Other debts -€3,794
down €3,794 (-80.6%), from €4,706 to €912
- Tax, wage and social debts +€3,439
up €3,439 (+52.5%), from €6,553 to €9,991
of which Taxes: +€4,803
- Trade debts -€2,170
down €2,170 (-11.3%), from €19,210 to €17,041
- Taxes +€4,158
up €4,158 (+201.7%), from €2,061 to €6,218
- Depreciation -€653
down €653 (-9.1%), from €7,147 to €6,494
- Other operating charges +€447
up €447 (+142.0%), from €315 to €762
- Financial charges -€399
down €399 (-67.3%), from €593 to €194
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.
Cash bridge derived
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 | €38,270 | €50,469 | +€12,199 | +31.9% |
| Formation expenses | 20 | €60 | €0 | -€60 | -100.0% |
| Fixed assets | 21/28 | €12,857 | €6,423 | -€6,434 | -50.0% |
| Intangible fixed assets | 21 | €11,625 | €5,813 | -€5,813 | -50.0% |
| Tangible fixed assets | 22/27 | €1,232 | €611 | -€621 | -50.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,232 | €611 | -€621 | -50.4% |
| Current assets | 29/58 | €25,353 | €44,045 | +€18,693 | +73.7% |
| Amounts receivable within one year | 40/41 | €19,407 | €42,299 | +€22,892 | +118.0% |
| Trade receivables | 40 | €19,407 | €39,813 | +€20,406 | +105.1% |
| Other amounts receivable | 41 | - | €2,486 | +€2,486 | |
| Cash at bank and in hand | 54/58 | €5,205 | €245 | -€4,961 | -95.3% |
| Deferred charges and accrued income | 490/1 | €740 | €1,502 | +€762 | +102.9% |
| Total equity and liabilities | 10/49 | €38,270 | €50,469 | +€12,199 | +31.9% |
| Equity | 10/15 | €7,334 | €21,992 | +€14,658 | +199.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €14,658 | +€14,658 | |
| Distributable reserves | 133 | - | €14,658 | +€14,658 | |
| Profit (loss) carried forward | 14 | €2,334 | €2,334 | = | 0.0% |
| Amounts payable | 17/49 | €30,936 | €28,477 | -€2,459 | -7.9% |
| Amounts payable within one year | 42/48 | €30,543 | €28,477 | -€2,066 | -6.8% |
| Financial debts | 43 | €74 | €533 | +€459 | +623.6% |
| Credit institutions | 430/8 | €74 | €533 | +€459 | +623.6% |
| Trade debts | 44 | €19,210 | €17,041 | -€2,170 | -11.3% |
| Suppliers | 440/4 | €19,210 | €17,041 | -€2,170 | -11.3% |
| Taxes, remuneration and social security | 45 | €6,553 | €9,991 | +€3,439 | +52.5% |
| Taxes | 450/3 | €5,189 | €9,991 | +€4,803 | +92.6% |
| Remuneration and social security | 454/9 | €1,364 | €0 | -€1,364 | -100.0% |
| Other amounts payable | 47/48 | €4,706 | €912 | -€3,794 | -80.6% |
| Accrued charges and deferred income | 492/3 | €393 | €0 | -€393 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,147 | €6,494 | -€653 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €315 | €762 | +€447 | +142.0% |
| Gross operating margin | 9900 | €28,063 | €28,326 | +€263 | +0.9% |
| Operating profit (loss) | 9901 | €20,601 | €21,070 | +€469 | +2.3% |
| Financial income | 75/76B | €74 | €0 | -€74 | -99.4% |
| Recurring financial income | 75 | €74 | €0 | -€74 | -99.4% |
| Financial charges | 65/66B | €593 | €194 | -€399 | -67.3% |
| Recurring financial charges | 65 | €593 | €194 | -€399 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €20,082 | €20,876 | +€794 | +4.0% |
| Income taxes | 67/77 | €2,061 | €6,218 | +€4,158 | +201.7% |
| Profit (loss) for the period | 9904 | €18,021 | €14,658 | -€3,364 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,021 | €14,658 | -€3,364 | -18.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.