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LONICO: 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.

What changed

LONICO

BE 0840.423.638
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,846
2024 · €23,151+€12,694
Equity
€183,235
2024 · €147,389+€35,846
Cash
€8,975
2024 · €8,557+€418
Balance sheet total
€475,012
2024 · €487,848-€12,836

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€35,832

    down €35,832 (-8.6%), from €414,291 to €378,459

    of which Land and buildings: -€34,894

  • Receivables within one year +€21,413

    up €21,413 (+32.9%), from €65,000 to €86,413

    of which Trade receivables: +€21,052

Equity and liabilities
  • Reserves +€35,846

    up €35,846 (+28.1%), from €127,389 to €163,235

  • Debts after one year -€33,250

    down €33,250 (-15.0%), from €221,667 to €188,417

  • Other debts -€28,677

    down €28,677 (-37.5%), from €76,492 to €47,815

  • Tax, wage and social debts +€11,261

    up €11,261 (+124.4%), from €9,051 to €20,312

Income statement
  • Gross operating margin +€23,085

    up €23,085 (+31.2%), from €73,960 to €97,045

  • Taxes +€12,063

    up €12,063 (+191.7%), from €6,291 to €18,354

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €23,151
Gross operating margin +€23,085
Depreciation +€477
Other operating charges +€449
Financial income +€0
Financial charges +€747
Taxes -€12,063
Result 2025 €35,846

Cash bridge derived

cash 2024 to 2025

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.

From operations +€33,667
Investment €0
Financing -€33,250
Cash 2024 €8,557
Net result for the year +€35,846
Depreciation +€35,832
Receivables within one year -€21,413
Deferred charges and accrued income -€1,166
Trade debts +€780
Tax, wage and social debts +€11,261
Other debts -€28,677
Accrued charges and deferred income +€1,204
Debts after one year -€33,250
Cash 2025 €8,975
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €487,848 €475,012 -€12,836 -2.6%
Fixed assets 21/28 €414,291 €378,459 -€35,832 -8.6%
Tangible fixed assets 22/27 €414,291 €378,459 -€35,832 -8.6%
Land and buildings 22 €412,060 €377,166 -€34,894 -8.5%
Plant, machinery and equipment 23 €1,112 €559 -€553 -49.7%
Furniture and vehicles 24 €1,120 €734 -€386 -34.4%
Current assets 29/58 €73,557 €96,553 +€22,996 +31.3%
Amounts receivable within one year 40/41 €65,000 €86,413 +€21,413 +32.9%
Trade receivables 40 €65,000 €86,052 +€21,052 +32.4%
Other amounts receivable 41 - €361 +€361
Cash at bank and in hand 54/58 €8,557 €8,975 +€418 +4.9%
Deferred charges and accrued income 490/1 - €1,166 +€1,166
Total equity and liabilities 10/49 €487,848 €475,012 -€12,836 -2.6%
Equity 10/15 €147,389 €183,235 +€35,846 +24.3%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €127,389 €163,235 +€35,846 +28.1%
Distributable reserves 133 €127,389 €163,235 +€35,846 +28.1%
Amounts payable 17/49 €340,460 €291,778 -€48,682 -14.3%
Amounts payable after more than one year 17 €221,667 €188,417 -€33,250 -15.0%
Financial debts 170/4 €221,667 €188,417 -€33,250 -15.0%
Amounts payable within one year 42/48 €118,793 €102,157 -€16,636 -14.0%
Current portion of amounts payable after more than one year 42 €33,250 €33,250 = 0.0%
Trade debts 44 - €780 +€780
Suppliers 440/4 - €780 +€780
Taxes, remuneration and social security 45 €9,051 €20,312 +€11,261 +124.4%
Taxes 450/3 €9,051 €20,312 +€11,261 +124.4%
Other amounts payable 47/48 €76,492 €47,815 -€28,677 -37.5%
Accrued charges and deferred income 492/3 - €1,204 +€1,204
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €36,309 €35,832 -€477 -1.3%
Other operating charges 640/8 €3,259 €2,810 -€449 -13.8%
Gross operating margin 9900 €73,960 €97,045 +€23,085 +31.2%
Operating profit (loss) 9901 €34,392 €58,402 +€24,010 +69.8%
Financial income 75/76B €0 €0 +€0 +162.5%
Recurring financial income 75 €0 €0 +€0 +162.5%
Financial charges 65/66B €4,949 €4,203 -€747 -15.1%
Recurring financial charges 65 €4,949 €4,203 -€747 -15.1%
Profit (loss) for the period before taxes 9903 €29,443 €54,200 +€24,757 +84.1%
Income taxes 67/77 €6,291 €18,354 +€12,063 +191.7%
Profit (loss) for the period 9904 €23,151 €35,846 +€12,694 +54.8%
Profit (loss) for the period to be appropriated 9905 €23,151 €35,846 +€12,694 +54.8%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.