LIKAJ: 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.
LIKAJ
Largest movements
- Cash +€167,325
up €167,325 (+39.8%), from €420,202 to €587,527
mainly Other debts (+€574,487) and Net result for the year (+€171,134)
- Tangible fixed assets -€37,965
down €37,965 (-7.2%), from €530,748 to €492,783
of which Plant, machinery and equipment: -€25,965
- Other debts +€574,487
up €574,487 (+2,557%), from €22,463 to €596,949
- Reserves -€425,246
down €425,246 (-100%), from €425,246 to €0
- Debts after one year -€33,641
down €33,641 (-8.8%), from €380,231 to €346,591
- Tax, wage and social debts +€24,992
up €24,992 (+55.3%), from €45,161 to €70,153
of which Taxes: +€24,253
- Depreciation +€7,150
up €7,150 (+15.6%), from €45,709 to €52,859
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 | €955,975 | €1,091,581 | +€135,606 | +14.2% |
| Fixed assets | 21/28 | €530,748 | €492,783 | -€37,965 | -7.2% |
| Tangible fixed assets | 22/27 | €530,748 | €492,783 | -€37,965 | -7.2% |
| Land and buildings | 22 | €367,189 | €355,189 | -€12,000 | -3.3% |
| Plant, machinery and equipment | 23 | €163,559 | €137,594 | -€25,965 | -15.9% |
| Current assets | 29/58 | €425,226 | €598,797 | +€173,571 | +40.8% |
| Stocks and contracts in progress | 3 | €4,699 | €7,986 | +€3,287 | +70.0% |
| Stocks | 30/36 | €4,699 | €7,986 | +€3,287 | +70.0% |
| Amounts receivable within one year | 40/41 | €326 | €3,285 | +€2,959 | +907% |
| Trade receivables | 40 | - | €3,196 | +€3,196 | |
| Other amounts receivable | 41 | €326 | €90 | -€237 | -72.5% |
| Cash at bank and in hand | 54/58 | €420,202 | €587,527 | +€167,325 | +39.8% |
| Total equity and liabilities | 10/49 | €955,975 | €1,091,581 | +€135,606 | +14.2% |
| Equity | 10/15 | €430,246 | €5,000 | -€425,246 | -98.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €425,246 | €0 | -€425,246 | -100% |
| Distributable reserves | 133 | €425,246 | €0 | -€425,246 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €525,729 | €1,086,581 | +€560,852 | +107% |
| Amounts payable after more than one year | 17 | €380,231 | €346,591 | -€33,641 | -8.8% |
| Financial debts | 170/4 | €380,231 | €346,591 | -€33,641 | -8.8% |
| Amounts payable within one year | 42/48 | €145,498 | €739,990 | +€594,493 | +409% |
| Current portion of amounts payable after more than one year | 42 | €33,218 | €33,641 | +€423 | +1.3% |
| Trade debts | 44 | €44,656 | €39,247 | -€5,409 | -12.1% |
| Suppliers | 440/4 | €44,656 | €39,247 | -€5,409 | -12.1% |
| Taxes, remuneration and social security | 45 | €45,161 | €70,153 | +€24,992 | +55.3% |
| Taxes | 450/3 | €29,283 | €53,536 | +€24,253 | +82.8% |
| Remuneration and social security | 454/9 | €15,878 | €16,617 | +€739 | +4.7% |
| Other amounts payable | 47/48 | €22,463 | €596,949 | +€574,487 | +2,557% |
| Non-recurring operating income | 76A | €531 | €0 | -€531 | -100% |
| Remuneration, social security and pensions | 62 | €85,959 | €86,114 | +€155 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,709 | €52,859 | +€7,150 | +15.6% |
| Other operating charges | 640/8 | €3,329 | €4,585 | +€1,257 | +37.8% |
| Gross operating margin | 9900 | €366,223 | €368,676 | +€2,453 | +0.7% |
| Operating profit (loss) | 9901 | €231,227 | €225,118 | -€6,109 | -2.6% |
| Financial income | 75/76B | €2,786 | €3,486 | +€701 | +25.1% |
| Recurring financial income | 75 | €2,786 | €3,486 | +€701 | +25.1% |
| Financial charges | 65/66B | €6,475 | €5,954 | -€521 | -8.1% |
| Recurring financial charges | 65 | €6,475 | €5,954 | -€521 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €227,538 | €222,651 | -€4,887 | -2.1% |
| Income taxes | 67/77 | €51,625 | €51,516 | -€109 | -0.2% |
| Profit (loss) for the period | 9904 | €175,912 | €171,134 | -€4,778 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €175,912 | €171,134 | -€4,778 | -2.7% |
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 18 October 2026 via checked.be.