LIKETEC: 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.
LIKETEC
Largest movements
- Tangible fixed assets +€131,539
up €131,539 (+252.1%), from €52,174 to €183,713
of which Other tangible fixed assets: +€141,196
- Current investments -€71,983
down €71,983 (-52.6%), from €136,730 to €64,746
- Cash -€62,205
down €62,205 (-44.5%), from €139,763 to €77,558
mainly Investment in fixed assets (net) (-€152,042) and Contributions, distributions and other (-€70,000)
- Stocks and contracts +€6,854
up €6,854 (+59.5%), from €11,526 to €18,380
- Other debts +€52,099
up €52,099 (+661.4%), from €7,877 to €59,976
- Trade debts -€28,075
down €28,075 (-89.6%), from €31,339 to €3,264
- Debts after one year -€20,649
down €20,649 (-100.0%), from €20,649 to €0
- Reserves -€12,000
down €12,000 (-4.6%), from €261,111 to €249,111
of which Distributable reserves: -€12,000
- Tax, wage and social debts +€11,324
up €11,324 (+91.0%), from €12,441 to €23,765
of which Taxes: +€11,793
- Gross operating margin +€43,620
up €43,620 (+64.4%), from €67,732 to €111,352
- Turnover +€37,511
up €37,511 (+20.9%), from €179,766 to €217,276
- Depreciation +€10,725
up €10,725 (+109.7%), from €9,778 to €20,503
- Other operating charges +€10,224
up €10,224 (+311.3%), from €3,284 to €13,508
- Purchases and services +€9,917
up €9,917 (+8.9%), from €111,242 to €121,160
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 | €365,048 | €370,023 | +€4,974 | +1.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €52,714 | €184,252 | +€131,539 | +249.5% |
| Tangible fixed assets | 22/27 | €52,174 | €183,713 | +€131,539 | +252.1% |
| Plant, machinery and equipment | 23 | €8,214 | €1,970 | -€6,245 | -76.0% |
| Furniture and vehicles | 24 | €11,717 | €8,304 | -€3,413 | -29.1% |
| Other tangible fixed assets | 26 | €32,244 | €173,440 | +€141,196 | +437.9% |
| Financial fixed assets | 28 | €539 | €539 | = | 0.0% |
| Current assets | 29/58 | €312,335 | €185,770 | -€126,565 | -40.5% |
| Stocks and contracts in progress | 3 | €11,526 | €18,380 | +€6,854 | +59.5% |
| Stocks | 30/36 | €11,526 | €18,380 | +€6,854 | +59.5% |
| Amounts receivable within one year | 40/41 | €24,316 | €25,086 | +€770 | +3.2% |
| Trade receivables | 40 | €19,556 | €23,064 | +€3,508 | +17.9% |
| Other amounts receivable | 41 | €4,760 | €2,022 | -€2,738 | -57.5% |
| Current investments | 50/53 | €136,730 | €64,746 | -€71,983 | -52.6% |
| Cash at bank and in hand | 54/58 | €139,763 | €77,558 | -€62,205 | -44.5% |
| Total equity and liabilities | 10/49 | €365,048 | €370,023 | +€4,974 | +1.4% |
| Equity | 10/15 | €292,742 | €283,018 | -€9,724 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,111 | €249,111 | -€12,000 | -4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €251 | €251 | = | 0.0% |
| Distributable reserves | 133 | €259,000 | €247,000 | -€12,000 | -4.6% |
| Profit (loss) carried forward | 14 | €13,031 | €15,307 | +€2,276 | +17.5% |
| Amounts payable | 17/49 | €72,307 | €87,005 | +€14,698 | +20.3% |
| Amounts payable after more than one year | 17 | €20,649 | €0 | -€20,649 | -100.0% |
| Financial debts | 170/4 | €20,649 | €0 | -€20,649 | -100.0% |
| Amounts payable within one year | 42/48 | €51,658 | €87,005 | +€35,347 | +68.4% |
| Trade debts | 44 | €31,339 | €3,264 | -€28,075 | -89.6% |
| Suppliers | 440/4 | €31,339 | €3,264 | -€28,075 | -89.6% |
| Taxes, remuneration and social security | 45 | €12,441 | €23,765 | +€11,324 | +91.0% |
| Taxes | 450/3 | €8,240 | €20,032 | +€11,793 | +143.1% |
| Remuneration and social security | 454/9 | €4,201 | €3,733 | -€468 | -11.1% |
| Other amounts payable | 47/48 | €7,877 | €59,976 | +€52,099 | +661.4% |
| Turnover | 70 | €179,766 | €217,276 | +€37,511 | +20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €111,242 | €121,160 | +€9,917 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,778 | €20,503 | +€10,725 | +109.7% |
| Other operating charges | 640/8 | €3,284 | €13,508 | +€10,224 | +311.3% |
| Gross operating margin | 9900 | €67,732 | €111,352 | +€43,620 | +64.4% |
| Operating profit (loss) | 9901 | €54,671 | €77,342 | +€22,671 | +41.5% |
| Financial income | 75/76B | €2,652 | €9,100 | +€6,448 | +243.1% |
| Recurring financial income | 75 | €2,652 | €9,100 | +€6,448 | +243.1% |
| Financial charges | 65/66B | €1,582 | €2,702 | +€1,120 | +70.8% |
| Recurring financial charges | 65 | €1,582 | €2,702 | +€1,120 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €55,741 | €83,740 | +€27,999 | +50.2% |
| Income taxes | 67/77 | €15,809 | €23,464 | +€7,654 | +48.4% |
| Profit (loss) for the period | 9904 | €39,932 | €60,276 | +€20,344 | +50.9% |
| Transfer to tax-exempt reserves | 689 | €251 | - | -€251 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,681 | €60,276 | +€20,595 | +51.9% |
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 11 October 2026 via checked.be.