Lyrics Licensing: 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.
Lyrics Licensing
Largest movements
- Receivables within one year +€39,093
up €39,093 (+179.7%), from €21,757 to €60,850
of which Trade receivables: +€38,386
- Tangible fixed assets +€4,134
up €4,134 (+62.6%), from €6,603 to €10,737
- Deferred charges and accrued income -€1,408
down €1,408 (-13.0%), from €10,867 to €9,459
- Other debts -€18,694
down €18,694 (-44.7%), from €41,815 to €23,121
- Trade debts +€16,291
up €16,291 (+10760.0%), from €151 to €16,442
- Profit (loss) carried forward +€15,657
up €15,657 (+22.8%), from -€68,658 to -€53,001
- Tax, wage and social debts +€12,671
up €12,671 (+75.5%), from €16,775 to €29,446
of which Taxes: +€10,521
- Current portion of long-term debt +€8,719
new in 2025: €8,719
- Financial charges +€11,877
up €11,877 (+331.7%), from €3,581 to €15,458
of which Financial charges: +€11,852
- Provisions -€11,684
down €11,684 (-97.1%), from €12,037 to €352
- Taxes -€1,752
down €1,752 (-14.0%), from €12,527 to €10,776
- Gross operating margin -€1,320
down €1,320 (-2.8%), from €47,608 to €46,288
- Depreciation +€987
up €987 (+43.6%), from €2,266 to €3,252
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 | €40,092 | €81,270 | +€41,178 | +102.7% |
| Fixed assets | 21/28 | €6,603 | €10,737 | +€4,134 | +62.6% |
| Tangible fixed assets | 22/27 | €6,603 | €10,737 | +€4,134 | +62.6% |
| Furniture and vehicles | 24 | €6,603 | €10,737 | +€4,134 | +62.6% |
| Current assets | 29/58 | €33,489 | €70,533 | +€37,044 | +110.6% |
| Amounts receivable within one year | 40/41 | €21,757 | €60,850 | +€39,093 | +179.7% |
| Trade receivables | 40 | €21,757 | €60,143 | +€38,386 | +176.4% |
| Other amounts receivable | 41 | - | €707 | +€707 | |
| Cash at bank and in hand | 54/58 | €865 | €224 | -€641 | -74.1% |
| Deferred charges and accrued income | 490/1 | €10,867 | €9,459 | -€1,408 | -13.0% |
| Total equity and liabilities | 10/49 | €40,092 | €81,270 | +€41,178 | +102.7% |
| Equity | 10/15 | -€30,687 | -€15,030 | +€15,657 | +51.0% |
| Contributions | 10/11 | €10,197 | €10,197 | = | 0.0% |
| Reserves | 13 | €27,774 | €27,774 | = | 0.0% |
| Distributable reserves | 133 | €27,774 | €27,774 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,658 | -€53,001 | +€15,657 | +22.8% |
| Provisions and deferred taxes | 16 | €12,037 | €12,389 | +€352 | +2.9% |
| Provisions for liabilities and charges | 160/5 | €12,037 | €12,389 | +€352 | +2.9% |
| Other liabilities and charges | 164/5 | €12,037 | €12,389 | +€352 | +2.9% |
| Amounts payable | 17/49 | €58,742 | €83,911 | +€25,169 | +42.8% |
| Amounts payable within one year | 42/48 | €58,742 | €83,911 | +€25,169 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | - | €8,719 | +€8,719 | |
| Financial debts | 43 | - | €6,183 | +€6,183 | |
| Credit institutions | 430/8 | - | €6,183 | +€6,183 | |
| Trade debts | 44 | €151 | €16,442 | +€16,291 | +10760.0% |
| Suppliers | 440/4 | €151 | €16,442 | +€16,291 | +10760.0% |
| Taxes, remuneration and social security | 45 | €16,775 | €29,446 | +€12,671 | +75.5% |
| Taxes | 450/3 | €16,378 | €26,900 | +€10,521 | +64.2% |
| Remuneration and social security | 454/9 | €397 | €2,546 | +€2,149 | +541.6% |
| Other amounts payable | 47/48 | €41,815 | €23,121 | -€18,694 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,266 | €3,252 | +€987 | +43.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €12,037 | €352 | -€11,684 | -97.1% |
| Other operating charges | 640/8 | €387 | €797 | +€410 | +105.8% |
| Gross operating margin | 9900 | €47,608 | €46,288 | -€1,320 | -2.8% |
| Operating profit (loss) | 9901 | €32,918 | €41,886 | +€8,968 | +27.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €3,581 | €15,458 | +€11,877 | +331.7% |
| Recurring financial charges | 65 | €3,581 | €15,433 | +€11,852 | +331.0% |
| Non-recurring financial charges | 66B | - | €25 | +€25 | |
| Profit (loss) for the period before taxes | 9903 | €29,337 | €26,432 | -€2,905 | -9.9% |
| Income taxes | 67/77 | €12,527 | €10,776 | -€1,752 | -14.0% |
| Profit (loss) for the period | 9904 | €16,810 | €15,657 | -€1,153 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,810 | €15,657 | -€1,153 | -6.9% |
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 4 October 2026 via checked.be.