LIKI: 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.
LIKI
Largest movements
- Tangible fixed assets -€36,270
down €36,270 (-21.2%), from €171,115 to €134,844
of which Furniture and vehicles: -€38,093
- Receivables within one year -€13,384
down €13,384 (-59.0%), from €22,672 to €9,288
of which Other amounts receivable: -€10,384
- Deferred charges and accrued income -€2,662
down €2,662 (-79.7%), from €3,341 to €679
- Trade debts -€36,243
down €36,243 (-75.1%), from €48,286 to €12,043
- Debts after one year -€14,702
down €14,702 (-32.8%), from €44,802 to €30,100
- Profit (loss) carried forward -€8,074
down €8,074 (-31.3%), from €25,785 to €17,712
- Short-term financial debts +€2,889
new in 2025: €2,889
- Depreciation +€27,682
up €27,682 (+187%), from €14,837 to €42,519
- Gross operating margin -€15,103
down €15,103 (-25.1%), from €60,173 to €45,071
- Taxes -€5,977
down €5,977 (-87.9%), from €6,802 to €825
- Staff costs -€2,597
down €2,597 (-38.5%), from €6,737 to €4,140
- Other operating charges -€1,108
down €1,108 (-36.4%), from €3,045 to €1,937
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 | €209,971 | €157,924 | -€52,047 | -24.8% |
| Fixed assets | 21/28 | €171,230 | €134,959 | -€36,270 | -21.2% |
| Tangible fixed assets | 22/27 | €171,115 | €134,844 | -€36,270 | -21.2% |
| Plant, machinery and equipment | 23 | €7,754 | €10,258 | +€2,503 | +32.3% |
| Furniture and vehicles | 24 | €159,513 | €121,420 | -€38,093 | -23.9% |
| Other tangible fixed assets | 26 | €3,847 | €3,166 | -€680 | -17.7% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €38,741 | €22,964 | -€15,777 | -40.7% |
| Stocks and contracts in progress | 3 | €4,478 | €2,987 | -€1,491 | -33.3% |
| Stocks | 30/36 | €4,478 | €2,987 | -€1,491 | -33.3% |
| Amounts receivable within one year | 40/41 | €22,672 | €9,288 | -€13,384 | -59.0% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €19,672 | €9,288 | -€10,384 | -52.8% |
| Cash at bank and in hand | 54/58 | €8,250 | €10,010 | +€1,760 | +21.3% |
| Deferred charges and accrued income | 490/1 | €3,341 | €679 | -€2,662 | -79.7% |
| Total equity and liabilities | 10/49 | €209,971 | €157,924 | -€52,047 | -24.8% |
| Equity | 10/15 | €48,885 | €40,812 | -€8,074 | -16.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €13,100 | €13,100 | = | 0.0% |
| Distributable reserves | 133 | €13,100 | €13,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,785 | €17,712 | -€8,074 | -31.3% |
| Amounts payable | 17/49 | €161,085 | €117,112 | -€43,973 | -27.3% |
| Amounts payable after more than one year | 17 | €44,802 | €30,100 | -€14,702 | -32.8% |
| Financial debts | 170/4 | €44,802 | €30,100 | -€14,702 | -32.8% |
| Amounts payable within one year | 42/48 | €116,113 | €87,000 | -€29,113 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €14,055 | €14,702 | +€647 | +4.6% |
| Financial debts | 43 | - | €2,889 | +€2,889 | |
| Credit institutions | 430/8 | - | €2,889 | +€2,889 | |
| Trade debts | 44 | €48,286 | €12,043 | -€36,243 | -75.1% |
| Suppliers | 440/4 | €48,286 | €12,043 | -€36,243 | -75.1% |
| Taxes, remuneration and social security | 45 | €11,346 | €13,257 | +€1,911 | +16.8% |
| Taxes | 450/3 | €9,846 | €12,135 | +€2,288 | +23.2% |
| Remuneration and social security | 454/9 | €1,500 | €1,122 | -€378 | -25.2% |
| Other amounts payable | 47/48 | €42,426 | €44,109 | +€1,683 | +4.0% |
| Accrued charges and deferred income | 492/3 | €170 | €13 | -€157 | -92.6% |
| Remuneration, social security and pensions | 62 | €6,737 | €4,140 | -€2,597 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,837 | €42,519 | +€27,682 | +187% |
| Other operating charges | 640/8 | €3,045 | €1,937 | -€1,108 | -36.4% |
| Gross operating margin | 9900 | €60,173 | €45,071 | -€15,103 | -25.1% |
| Operating profit (loss) | 9901 | €35,555 | -€3,525 | -€39,080 | |
| Financial income | 75/76B | €16 | €37 | +€21 | +136% |
| Recurring financial income | 75 | €16 | €37 | +€21 | +136% |
| Financial charges | 65/66B | €3,328 | €3,760 | +€432 | +13.0% |
| Recurring financial charges | 65 | €3,328 | €3,760 | +€432 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €32,242 | -€7,249 | -€39,491 | |
| Income taxes | 67/77 | €6,802 | €825 | -€5,977 | -87.9% |
| Profit (loss) for the period | 9904 | €25,441 | -€8,074 | -€33,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,441 | -€8,074 | -€33,515 |
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 23 October 2026 via checked.be.