Licéno: what changed
Licéno
Largest movements
- Cash +€11,714
up €11,714 (+13,233%), from €89 to €11,803
mainly Depreciation (+€8,470) and Net result for the year (+€6,244)
- Tangible fixed assets -€8,470
down €8,470 (-25.8%), from €32,856 to €24,386
- Reserves +€6,244
up €6,244 (+30.3%), from €20,574 to €26,817
- Other debts -€3,327
down €3,327 (-32.2%), from €10,316 to €6,990
- Accrued charges and deferred income +€1,847
new in 2025: €1,847
- Tax, wage and social debts -€1,281
down €1,281 (-24.3%), from €5,262 to €3,981
of which Taxes: -€2,179
- Depreciation +€7,571
up €7,571 (+842%), from €899 to €8,470
- Gross operating margin -€5,678
down €5,678 (-23.0%), from €24,721 to €19,043
- Taxes -€1,729
down €1,729 (-35.9%), from €4,812 to €3,083
- Other operating charges +€749
up €749 (+166%), from €451 to €1,200
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 | €36,252 | €39,735 | +€3,483 | +9.6% |
| Fixed assets | 21/28 | €32,856 | €24,386 | -€8,470 | -25.8% |
| Tangible fixed assets | 22/27 | €32,856 | €24,386 | -€8,470 | -25.8% |
| Furniture and vehicles | 24 | €32,856 | €24,386 | -€8,470 | -25.8% |
| Current assets | 29/58 | €3,395 | €15,349 | +€11,954 | +352% |
| Cash at bank and in hand | 54/58 | €89 | €11,803 | +€11,714 | +13,233% |
| Deferred charges and accrued income | 490/1 | €3,307 | €3,546 | +€239 | +7.2% |
| Total equity and liabilities | 10/49 | €36,252 | €39,735 | +€3,483 | +9.6% |
| Equity | 10/15 | €20,674 | €26,917 | +€6,244 | +30.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €20,574 | €26,817 | +€6,244 | +30.3% |
| Distributable reserves | 133 | €20,574 | €26,817 | +€6,244 | +30.3% |
| Amounts payable | 17/49 | €15,578 | €12,818 | -€2,760 | -17.7% |
| Amounts payable within one year | 42/48 | €15,578 | €10,971 | -€4,607 | -29.6% |
| Taxes, remuneration and social security | 45 | €5,262 | €3,981 | -€1,281 | -24.3% |
| Taxes | 450/3 | €5,262 | €3,083 | -€2,179 | -41.4% |
| Remuneration and social security | 454/9 | - | €898 | +€898 | |
| Other amounts payable | 47/48 | €10,316 | €6,990 | -€3,327 | -32.2% |
| Accrued charges and deferred income | 492/3 | - | €1,847 | +€1,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €8,470 | +€7,571 | +842% |
| Other operating charges | 640/8 | €451 | €1,200 | +€749 | +166% |
| Gross operating margin | 9900 | €24,721 | €19,043 | -€5,678 | -23.0% |
| Operating profit (loss) | 9901 | €23,370 | €9,372 | -€13,998 | -59.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €46 | +€46 | |
| Recurring financial charges | 65 | - | €46 | +€46 | |
| Profit (loss) for the period before taxes | 9903 | €23,370 | €9,326 | -€14,044 | -60.1% |
| Income taxes | 67/77 | €4,812 | €3,083 | -€1,729 | -35.9% |
| Profit (loss) for the period | 9904 | €18,559 | €6,244 | -€12,315 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,559 | €6,244 | -€12,315 | -66.4% |
Next steps
Calculation and sources
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 4 November 2026 via checked.be.