LIKA: 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.
LIKA
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€39,040
up €39,040 (+42.0%), from €92,919 to €131,959
mainly Current investments (+€100,000) and Current portion of long-term debt (+€9,008)
- Receivables within one year -€7,623
down €7,623 (-35.9%), from €21,249 to €13,626
of which Other amounts receivable: -€7,976
- Tangible fixed assets -€6,603
down €6,603 (-19.5%), from €33,936 to €27,333
of which Furniture and vehicles: -€4,943
- Deferred charges and accrued income -€3,000
no longer reported in 2025 (was €3,000)
- Reserves -€36,000
down €36,000 (-46.7%), from €77,113 to €41,113
- Profit (loss) carried forward -€33,663
down €33,663 (-28.6%), from €117,801 to €84,138
- Trade debts -€10,420
no longer reported in 2025 (was €10,420)
- Current portion of long-term debt +€9,008
up €9,008 (+234.6%), from €3,840 to €12,848
- Debts after one year -€4,609
down €4,609 (-22.1%), from €20,828 to €16,219
- Gross operating margin +€15,566
up €15,566 (+36.5%), from -€42,685 to -€27,119
- Financial income +€5,983
up €5,983 (+285.2%), from €2,098 to €8,081
- Other operating charges +€5,611
up €5,611 (+5050.8%), from €111 to €5,723
- Financial charges +€1,683
up €1,683 (+272.8%), from €617 to €2,300
- Depreciation +€442
up €442 (+7.2%), from €6,160 to €6,603
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 | €251,104 | €172,918 | -€78,186 | -31.1% |
| Fixed assets | 21/28 | €33,936 | €27,333 | -€6,603 | -19.5% |
| Tangible fixed assets | 22/27 | €33,936 | €27,333 | -€6,603 | -19.5% |
| Land and buildings | 22 | €15,305 | €13,645 | -€1,660 | -10.8% |
| Furniture and vehicles | 24 | €18,630 | €13,688 | -€4,943 | -26.5% |
| Current assets | 29/58 | €217,168 | €145,585 | -€71,584 | -33.0% |
| Amounts receivable within one year | 40/41 | €21,249 | €13,626 | -€7,623 | -35.9% |
| Trade receivables | 40 | €13,273 | €13,626 | +€352 | +2.7% |
| Other amounts receivable | 41 | €7,976 | - | -€7,976 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €92,919 | €131,959 | +€39,040 | +42.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | - | -€3,000 | |
| Total equity and liabilities | 10/49 | €251,104 | €172,918 | -€78,186 | -31.1% |
| Equity | 10/15 | €213,514 | €143,851 | -€69,663 | -32.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,113 | €41,113 | -€36,000 | -46.7% |
| Distributable reserves | 133 | €77,113 | €41,113 | -€36,000 | -46.7% |
| Profit (loss) carried forward | 14 | €117,801 | €84,138 | -€33,663 | -28.6% |
| Amounts payable | 17/49 | €37,590 | €29,067 | -€8,523 | -22.7% |
| Amounts payable after more than one year | 17 | €20,828 | €16,219 | -€4,609 | -22.1% |
| Financial debts | 170/4 | €20,828 | €16,219 | -€4,609 | -22.1% |
| Amounts payable within one year | 42/48 | €16,526 | €12,848 | -€3,678 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €3,840 | €12,848 | +€9,008 | +234.6% |
| Trade debts | 44 | €10,420 | - | -€10,420 | |
| Suppliers | 440/4 | €10,420 | - | -€10,420 | |
| Taxes, remuneration and social security | 45 | €2,266 | - | -€2,266 | |
| Taxes | 450/3 | €2,266 | - | -€2,266 | |
| Accrued charges and deferred income | 492/3 | €236 | - | -€236 | |
| Non-recurring operating income | 76A | €1,261 | - | -€1,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,160 | €6,603 | +€442 | +7.2% |
| Other operating charges | 640/8 | €111 | €5,723 | +€5,611 | +5050.8% |
| Gross operating margin | 9900 | -€42,685 | -€27,119 | +€15,566 | +36.5% |
| Operating profit (loss) | 9901 | -€48,956 | -€39,444 | +€9,512 | +19.4% |
| Financial income | 75/76B | €2,098 | €8,081 | +€5,983 | +285.2% |
| Recurring financial income | 75 | €2,098 | €8,081 | +€5,983 | +285.2% |
| Financial charges | 65/66B | €617 | €2,300 | +€1,683 | +272.8% |
| Recurring financial charges | 65 | €617 | €2,300 | +€1,683 | +272.8% |
| Profit (loss) for the period before taxes | 9903 | -€47,475 | -€33,663 | +€13,812 | +29.1% |
| Profit (loss) for the period | 9904 | -€47,475 | -€33,663 | +€13,812 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,475 | -€33,663 | +€13,812 | +29.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.