LYKON: 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.
LYKON
Largest movements
- Receivables within one year -€52,494
down €52,494 (-36.9%), from €142,236 to €89,742
of which Trade receivables: -€32,618
- Cash +€47,843
up €47,843 (+16.7%), from €286,839 to €334,682
mainly Net result for the year (+€121,906) and Receivables within one year (+€52,494)
- Reserves +€75,570
up €75,570 (+25.6%), from €295,002 to €370,572
of which Distributable reserves: +€75,570
- Other debts -€66,508
down €66,508 (-42.2%), from €157,602 to €91,094
- Trade debts -€11,579
down €11,579 (-76.1%), from €15,225 to €3,646
- Tax, wage and social debts -€6,719
down €6,719 (-18.6%), from €36,089 to €29,370
- Gross operating margin +€50,070
up €50,070 (+38.4%), from €130,377 to €180,447
- Taxes +€14,421
up €14,421 (+37.1%), from €38,871 to €53,292
- Financial income -€4,010
down €4,010 (-54.2%), from €7,400 to €3,390
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 | €516,568 | €507,332 | -€9,236 | -1.8% |
| Fixed assets | 21/28 | €35,100 | €30,506 | -€4,595 | -13.1% |
| Tangible fixed assets | 22/27 | €35,100 | €30,506 | -€4,595 | -13.1% |
| Plant, machinery and equipment | 23 | €1,497 | €1,195 | -€302 | -20.2% |
| Furniture and vehicles | 24 | €13,010 | €8,705 | -€4,305 | -33.1% |
| Other tangible fixed assets | 26 | €20,593 | €20,606 | +€12 | +0.1% |
| Current assets | 29/58 | €481,467 | €476,826 | -€4,641 | -1.0% |
| Amounts receivable within one year | 40/41 | €142,236 | €89,742 | -€52,494 | -36.9% |
| Trade receivables | 40 | €95,415 | €62,797 | -€32,618 | -34.2% |
| Other amounts receivable | 41 | €46,821 | €26,945 | -€19,876 | -42.5% |
| Current investments | 50/53 | €46,054 | €46,054 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €286,839 | €334,682 | +€47,843 | +16.7% |
| Deferred charges and accrued income | 490/1 | €6,339 | €6,349 | +€10 | +0.2% |
| Total equity and liabilities | 10/49 | €516,568 | €507,332 | -€9,236 | -1.8% |
| Equity | 10/15 | €307,652 | €383,222 | +€75,570 | +24.6% |
| Contributions | 10/11 | €12,650 | €12,650 | = | 0.0% |
| Reserves | 13 | €295,002 | €370,572 | +€75,570 | +25.6% |
| Tax-exempt reserves | 132 | €253 | €253 | = | 0.0% |
| Distributable reserves | 133 | €294,749 | €370,319 | +€75,570 | +25.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,916 | €124,110 | -€84,806 | -40.6% |
| Amounts payable within one year | 42/48 | €208,916 | €124,110 | -€84,806 | -40.6% |
| Trade debts | 44 | €15,225 | €3,646 | -€11,579 | -76.1% |
| Suppliers | 440/4 | €15,225 | €3,646 | -€11,579 | -76.1% |
| Taxes, remuneration and social security | 45 | €36,089 | €29,370 | -€6,719 | -18.6% |
| Taxes | 450/3 | €36,089 | €29,370 | -€6,719 | -18.6% |
| Other amounts payable | 47/48 | €157,602 | €91,094 | -€66,508 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,086 | €6,612 | +€527 | +8.7% |
| Other operating charges | 640/8 | €1,460 | €1,608 | +€148 | +10.2% |
| Gross operating margin | 9900 | €130,377 | €180,447 | +€50,070 | +38.4% |
| Operating profit (loss) | 9901 | €122,832 | €172,226 | +€49,395 | +40.2% |
| Financial income | 75/76B | €7,400 | €3,390 | -€4,010 | -54.2% |
| Recurring financial income | 75 | €7,400 | €3,390 | -€4,010 | -54.2% |
| Financial charges | 65/66B | €505 | €419 | -€87 | -17.1% |
| Recurring financial charges | 65 | €505 | €419 | -€87 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €129,726 | €175,198 | +€45,471 | +35.1% |
| Income taxes | 67/77 | €38,871 | €53,292 | +€14,421 | +37.1% |
| Profit (loss) for the period | 9904 | €90,856 | €121,906 | +€31,050 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,856 | €121,906 | +€31,050 | +34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.