LYCOL: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
LYCOL
Largest movements
- Cash +€854,279
up €854,279 (+8,693%), from €9,827 to €864,105
mainly Receivables within one year (+€442,248) and Investment in fixed assets (net) (+€424,171)
- Tangible fixed assets -€531,650
down €531,650 (-43.6%), from €1.2m to €689,110
- Receivables within one year -€442,248
down €442,248 (-95.9%), from €460,983 to €18,735
- Current investments -€93,926
down €93,926 (-4.3%), from €2.2m to €2.1m
- Other debts -€277,622
down €277,622 (-52.4%), from €530,000 to €252,378
- Profit (loss) carried forward +€187,802
up €187,802 (+72.8%), from €258,117 to €445,919
- Short-term financial debts -€100,000
down €100,000 (-6.8%), from €1.5m to €1.4m
- Gross operating margin +€373,339
up €373,339, from -€14,715 to €358,623
- Financial income -€82,841
down €82,841 (-72.2%), from €114,775 to €31,934
- Taxes +€26,824
up €26,824, from €0 to €26,824
- Financial charges -€24,815
down €24,815 (-31.3%), from €79,193 to €54,378
- Other operating charges +€13,347
up €13,347 (+441%), from €3,027 to €16,374
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,870,184 | €3,658,939 | -€211,245 | -5.5% |
| Fixed assets | 21/28 | €1,222,091 | €692,741 | -€529,350 | -43.3% |
| Tangible fixed assets | 22/27 | €1,220,760 | €689,110 | -€531,650 | -43.6% |
| Land and buildings | 22 | €1,220,760 | €689,110 | -€531,650 | -43.6% |
| Financial fixed assets | 28 | €1,331 | €3,631 | +€2,300 | +173% |
| Current assets | 29/58 | €2,648,094 | €2,966,198 | +€318,104 | +12.0% |
| Amounts receivable within one year | 40/41 | €460,983 | €18,735 | -€442,248 | -95.9% |
| Other amounts receivable | 41 | €460,983 | €18,735 | -€442,248 | -95.9% |
| Current investments | 50/53 | €2,177,284 | €2,083,358 | -€93,926 | -4.3% |
| Cash at bank and in hand | 54/58 | €9,827 | €864,105 | +€854,279 | +8,693% |
| Total equity and liabilities | 10/49 | €3,870,184 | €3,658,939 | -€211,245 | -5.5% |
| Equity | 10/15 | €1,784,631 | €1,972,433 | +€187,802 | +10.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €1,026,513 | €1,026,513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €651,749 | €651,749 | = | 0.0% |
| Own shares acquired | 1312 | €601,749 | €601,749 | = | 0.0% |
| Other | 1319 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €374,764 | €374,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,117 | €445,919 | +€187,802 | +72.8% |
| Amounts payable | 17/49 | €2,085,554 | €1,686,507 | -€399,047 | -19.1% |
| Amounts payable after more than one year | 17 | €70,296 | €45,671 | -€24,624 | -35.0% |
| Financial debts | 170/4 | €65,756 | €41,131 | -€24,624 | -37.4% |
| Other amounts payable | 178/9 | €4,540 | €4,540 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,014,258 | €1,639,835 | -€374,423 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €23,627 | €24,624 | +€997 | +4.2% |
| Financial debts | 43 | €1,460,000 | €1,360,000 | -€100,000 | -6.8% |
| Credit institutions | 430/8 | €1,460,000 | €1,360,000 | -€100,000 | -6.8% |
| Trade debts | 44 | €631 | €2,833 | +€2,202 | +349% |
| Suppliers | 440/4 | €631 | €2,833 | +€2,202 | +349% |
| Other amounts payable | 47/48 | €530,000 | €252,378 | -€277,622 | -52.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €379,604 | +€379,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,276 | €105,179 | -€11,097 | -9.5% |
| Other operating charges | 640/8 | €3,027 | €16,374 | +€13,347 | +441% |
| Gross operating margin | 9900 | -€14,715 | €358,623 | +€373,339 | |
| Operating profit (loss) | 9901 | -€134,019 | €237,070 | +€371,089 | |
| Financial income | 75/76B | €114,775 | €31,934 | -€82,841 | -72.2% |
| Recurring financial income | 75 | €114,775 | €31,934 | -€82,841 | -72.2% |
| Financial charges | 65/66B | €79,193 | €54,378 | -€24,815 | -31.3% |
| Recurring financial charges | 65 | €79,193 | €54,378 | -€24,815 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€98,438 | €214,626 | +€313,063 | |
| Income taxes | 67/77 | €0 | €26,824 | +€26,824 | |
| Profit (loss) for the period | 9904 | -€98,438 | €187,802 | +€286,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€98,438 | €187,802 | +€286,239 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.