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LYCO: 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

LYCO

BE 0807.614.080
NACE 77.120, Rental and leasing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€53,144
2024 · €7,714+€45,429
Equity
€97,630
2024 · €44,487+€53,144
Cash
€32,079
2024 · €88+€31,991
Balance sheet total
€383,797
2024 · €229,194+€154,604

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€113,809

    up €113,809 (+57.0%), from €199,557 to €313,366

    of which Furniture and vehicles: +€106,157

  • Cash +€31,991

    up €31,991 (+36213.3%), from €88 to €32,079

    mainly Debts after one year (+€76,440) and Depreciation (+€58,388)

  • Receivables within one year +€10,988

    up €10,988 (+42.3%), from €25,972 to €36,960

    of which Other amounts receivable: +€16,597

Equity and liabilities
  • Debts after one year +€76,440

    up €76,440 (+60.6%), from €126,241 to €202,681

  • Reserves +€53,144

    up €53,144 (+828.3%), from €6,416 to €59,560

  • Tax, wage and social debts +€20,357

    up €20,357 (+11931.5%), from €171 to €20,528

  • Current portion of long-term debt +€18,361

    up €18,361 (+41.7%), from €44,070 to €62,431

  • Trade debts -€13,447

    down €13,447 (-99.0%), from €13,589 to €141

Income statement
  • Gross operating margin +€53,809

    up €53,809 (+59.6%), from €90,319 to €144,128

  • Taxes +€20,346

    up €20,346 (+11924.9%), from €171 to €20,517

  • Depreciation -€11,619

    down €11,619 (-16.6%), from €70,007 to €58,388

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 €7,714
Gross operating margin +€53,809
Depreciation +€11,619
Other operating charges +€120
Financial income +€239
Financial charges -€11
Taxes -€20,346
Result 2025 €53,144

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 +€109,386
Investment -€172,197
Financing +€94,801
Cash 2024 €88
Net result for the year +€53,144
Depreciation +€58,388
Receivables within one year -€10,988
Deferred charges and accrued income +€2,184
Trade debts -€13,447
Tax, wage and social debts +€20,357
Accrued charges and deferred income -€251
Investment in fixed assets (net) -€172,197
Debts after one year +€76,440
Current portion of long-term debt +€18,361
Cash 2025 €32,079
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €229,194 €383,797 +€154,604 +67.5%
Fixed assets 21/28 €199,557 €313,366 +€113,809 +57.0%
Tangible fixed assets 22/27 €199,557 €313,366 +€113,809 +57.0%
Plant, machinery and equipment 23 €1,271 €342 -€929 -73.1%
Furniture and vehicles 24 €24,176 €130,332 +€106,157 +439.1%
Leasing and similar rights 25 €174,110 €182,691 +€8,581 +4.9%
Current assets 29/58 €29,637 €70,431 +€40,795 +137.6%
Amounts receivable within one year 40/41 €25,972 €36,960 +€10,988 +42.3%
Trade receivables 40 €21,266 €15,656 -€5,610 -26.4%
Other amounts receivable 41 €4,706 €21,303 +€16,597 +352.7%
Cash at bank and in hand 54/58 €88 €32,079 +€31,991 +36213.3%
Deferred charges and accrued income 490/1 €3,577 €1,393 -€2,184 -61.1%
Total equity and liabilities 10/49 €229,194 €383,797 +€154,604 +67.5%
Equity 10/15 €44,487 €97,630 +€53,144 +119.5%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €6,416 €59,560 +€53,144 +828.3%
Distributable reserves 133 €6,416 €59,560 +€53,144 +828.3%
Profit (loss) carried forward 14 €31,871 €31,871 = 0.0%
Amounts payable 17/49 €184,707 €286,167 +€101,460 +54.9%
Amounts payable after more than one year 17 €126,241 €202,681 +€76,440 +60.6%
Financial debts 170/4 €126,241 €202,681 +€76,440 +60.6%
Amounts payable within one year 42/48 €57,829 €83,101 +€25,271 +43.7%
Current portion of amounts payable after more than one year 42 €44,070 €62,431 +€18,361 +41.7%
Trade debts 44 €13,589 €141 -€13,447 -99.0%
Suppliers 440/4 €13,589 €141 -€13,447 -99.0%
Taxes, remuneration and social security 45 €171 €20,528 +€20,357 +11931.5%
Taxes 450/3 €171 €20,528 +€20,357 +11931.5%
Accrued charges and deferred income 492/3 €637 €385 -€251 -39.5%
Non-recurring operating income 76A - €60,883 +€60,883
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €70,007 €58,388 -€11,619 -16.6%
Other operating charges 640/8 €2,447 €2,327 -€120 -4.9%
Gross operating margin 9900 €90,319 €144,128 +€53,809 +59.6%
Operating profit (loss) 9901 €17,865 €83,412 +€65,548 +366.9%
Financial income 75/76B €77 €316 +€239 +312.2%
Recurring financial income 75 €77 €316 +€239 +312.2%
Financial charges 65/66B €10,056 €10,067 +€11 +0.1%
Recurring financial charges 65 €10,056 €10,067 +€11 +0.1%
Profit (loss) for the period before taxes 9903 €7,885 €73,661 +€65,776 +834.2%
Income taxes 67/77 €171 €20,517 +€20,346 +11924.9%
Profit (loss) for the period 9904 €7,714 €53,144 +€45,429 +588.9%
Profit (loss) for the period to be appropriated 9905 €7,714 €53,144 +€45,429 +588.9%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.