LIKO CONSTRUCT: 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.
LIKO CONSTRUCT
Largest movements
- Cash -€33,390
down €33,390 (-63.4%), from €52,628 to €19,238
mainly Stocks and contracts (-€28,823) and Accrued charges and deferred income (-€7,325)
- Stocks and contracts +€28,823
new in 2025: €28,823
- Receivables within one year +€5,253
up €5,253 (+84.7%), from €6,205 to €11,459
of which Trade receivables: +€4,279
- Tangible fixed assets -€2,971
down €2,971 (-24.5%), from €12,145 to €9,174
of which Furniture and vehicles: -€4,048
- Reserves +€9,913
up €9,913 (+32.9%), from €30,150 to €40,063
- Accrued charges and deferred income -€7,325
down €7,325 (-48.8%), from €15,000 to €7,675
- Debts after one year -€4,128
down €4,128 (-45.1%), from €9,154 to €5,026
- Tax, wage and social debts -€786
down €786 (-14.2%), from €5,519 to €4,732
- Gross operating margin -€10,297
down €10,297 (-33.4%), from €30,858 to €20,560
- Taxes -€1,968
down €1,968 (-35.7%), from €5,519 to €3,550
- Other operating charges +€607
up €607 (+251%), from €242 to €849
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 | €70,978 | €68,694 | -€2,285 | -3.2% |
| Fixed assets | 21/28 | €12,145 | €9,174 | -€2,971 | -24.5% |
| Tangible fixed assets | 22/27 | €12,145 | €9,174 | -€2,971 | -24.5% |
| Plant, machinery and equipment | 23 | - | €1,078 | +€1,078 | |
| Furniture and vehicles | 24 | €12,145 | €8,097 | -€4,048 | -33.3% |
| Current assets | 29/58 | €58,833 | €59,519 | +€686 | +1.2% |
| Stocks and contracts in progress | 3 | - | €28,823 | +€28,823 | |
| Contracts in progress | 37 | - | €28,823 | +€28,823 | |
| Amounts receivable within one year | 40/41 | €6,205 | €11,459 | +€5,253 | +84.7% |
| Trade receivables | 40 | €1,754 | €6,034 | +€4,279 | +244% |
| Other amounts receivable | 41 | €4,451 | €5,425 | +€974 | +21.9% |
| Cash at bank and in hand | 54/58 | €52,628 | €19,238 | -€33,390 | -63.4% |
| Total equity and liabilities | 10/49 | €70,978 | €68,694 | -€2,285 | -3.2% |
| Equity | 10/15 | €33,150 | €43,063 | +€9,913 | +29.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,150 | €40,063 | +€9,913 | +32.9% |
| Distributable reserves | 133 | €30,150 | €40,063 | +€9,913 | +32.9% |
| Amounts payable | 17/49 | €37,828 | €25,631 | -€12,198 | -32.2% |
| Amounts payable after more than one year | 17 | €9,154 | €5,026 | -€4,128 | -45.1% |
| Financial debts | 170/4 | €9,154 | €5,026 | -€4,128 | -45.1% |
| Amounts payable within one year | 42/48 | €13,674 | €12,930 | -€745 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €4,291 | €4,128 | -€164 | -3.8% |
| Trade debts | 44 | €166 | - | -€166 | |
| Suppliers | 440/4 | €166 | - | -€166 | |
| Taxes, remuneration and social security | 45 | €5,519 | €4,732 | -€786 | -14.2% |
| Taxes | 450/3 | €5,519 | €4,732 | -€786 | -14.2% |
| Other amounts payable | 47/48 | €3,699 | €4,070 | +€371 | +10.0% |
| Accrued charges and deferred income | 492/3 | €15,000 | €7,675 | -€7,325 | -48.8% |
| Remuneration, social security and pensions | 62 | €1,736 | €1,760 | +€24 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,048 | €4,168 | +€120 | +3.0% |
| Other operating charges | 640/8 | €242 | €849 | +€607 | +251% |
| Gross operating margin | 9900 | €30,858 | €20,560 | -€10,297 | -33.4% |
| Operating profit (loss) | 9901 | €24,831 | €13,783 | -€11,048 | -44.5% |
| Financial income | 75/76B | €205 | €311 | +€107 | +52.1% |
| Recurring financial income | 75 | €205 | €311 | +€107 | +52.1% |
| Financial charges | 65/66B | €780 | €632 | -€148 | -19.0% |
| Recurring financial charges | 65 | €780 | €632 | -€148 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €24,256 | €13,463 | -€10,793 | -44.5% |
| Income taxes | 67/77 | €5,519 | €3,550 | -€1,968 | -35.7% |
| Profit (loss) for the period | 9904 | €18,737 | €9,913 | -€8,825 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,737 | €9,913 | -€8,825 | -47.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.