LICLEM: what changed
LICLEM
Largest movements
- Tangible fixed assets -€16,469
down €16,469 (-55.9%), from €29,466 to €12,997
- Cash +€5,417
up €5,417 (+707%), from €767 to €6,184
mainly Depreciation (+€18,005) and Other debts (+€6,289)
- Receivables within one year +€783
up €783 (+13.5%), from €5,817 to €6,600
of which Trade receivables: +€900
- Debts after one year -€12,059
down €12,059 (-59.7%), from €20,196 to €8,137
- Other debts +€6,289
up €6,289 (+149%), from €4,221 to €10,510
- Profit (loss) carried forward -€5,281
down €5,281 (-225%), from -€2,346 to -€7,627
- Tax, wage and social debts +€508
up €508 (+43.5%), from €1,167 to €1,674
- Gross operating margin +€3,362
up €3,362 (+25.4%), from €13,214 to €16,576
- Taxes +€735
up €735 (+63.0%), from €1,167 to €1,901
- Financial charges -€194
down €194 (-29.6%), from €655 to €461
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 | €37,308 | €26,832 | -€10,476 | -28.1% |
| Formation expenses | 20 | €399 | €150 | -€250 | -62.5% |
| Fixed assets | 21/28 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Tangible fixed assets | 22/27 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Furniture and vehicles | 24 | €29,466 | €12,997 | -€16,469 | -55.9% |
| Current assets | 29/58 | €7,443 | €13,686 | +€6,243 | +83.9% |
| Amounts receivable within one year | 40/41 | €5,817 | €6,600 | +€783 | +13.5% |
| Trade receivables | 40 | €5,700 | €6,600 | +€900 | +15.8% |
| Other amounts receivable | 41 | €117 | - | -€117 | |
| Cash at bank and in hand | 54/58 | €767 | €6,184 | +€5,417 | +707% |
| Deferred charges and accrued income | 490/1 | €859 | €902 | +€43 | +5.0% |
| Total equity and liabilities | 10/49 | €37,308 | €26,832 | -€10,476 | -28.1% |
| Equity | 10/15 | -€1,346 | -€6,627 | -€5,281 | -392% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,346 | -€7,627 | -€5,281 | -225% |
| Amounts payable | 17/49 | €38,655 | €33,459 | -€5,195 | -13.4% |
| Amounts payable after more than one year | 17 | €20,196 | €8,137 | -€12,059 | -59.7% |
| Financial debts | 170/4 | €20,196 | €8,137 | -€12,059 | -59.7% |
| Amounts payable within one year | 42/48 | €18,459 | €25,322 | +€6,864 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €11,885 | €12,059 | +€174 | +1.5% |
| Trade debts | 44 | €1,186 | €1,080 | -€107 | -9.0% |
| Suppliers | 440/4 | €1,186 | €1,080 | -€107 | -9.0% |
| Taxes, remuneration and social security | 45 | €1,167 | €1,674 | +€508 | +43.5% |
| Taxes | 450/3 | €1,167 | €1,674 | +€508 | +43.5% |
| Other amounts payable | 47/48 | €4,221 | €10,510 | +€6,289 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,863 | €18,005 | +€142 | +0.8% |
| Other operating charges | 640/8 | €1,439 | €1,490 | +€51 | +3.5% |
| Gross operating margin | 9900 | €13,214 | €16,576 | +€3,362 | +25.4% |
| Operating profit (loss) | 9901 | -€6,088 | -€2,919 | +€3,169 | +52.1% |
| Financial charges | 65/66B | €655 | €461 | -€194 | -29.6% |
| Recurring financial charges | 65 | €655 | €461 | -€194 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,743 | -€3,379 | +€3,363 | +49.9% |
| Income taxes | 67/77 | €1,167 | €1,901 | +€735 | +63.0% |
| Profit (loss) for the period | 9904 | -€7,910 | -€5,281 | +€2,629 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,910 | -€5,281 | +€2,629 | +33.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.