De Lokeend: what changed
Two financial 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.
De Lokeend
Largest movements
- Tangible fixed assets +€12,417
new in 2025: €12,417
of which Furniture and vehicles: +€11,221
- Receivables within one year +€4,811
up €4,811 (+90.2%), from €5,336 to €10,147
- Cash +€3,494
up €3,494 (+148.9%), from €2,347 to €5,841
mainly Net result for the year (+€16,769) and Debts after one year (+€5,331)
- Stocks and contracts -€495
down €495 (-19.3%), from €2,571 to €2,076
- Profit (loss) carried forward +€16,769
up €16,769 (+24.2%), from -€69,279 to -€52,510
- Debts after one year +€5,331
new in 2025: €5,331
- Other debts -€4,554
down €4,554 (-8.4%), from €54,525 to €49,970
- Current portion of long-term debt +€3,354
new in 2025: €3,354
- Trade debts -€3,351
down €3,351 (-46.3%), from €7,232 to €3,881
- Gross operating margin +€22,968
up €22,968 (+95.1%), from €24,144 to €47,112
- Staff costs +€3,123
up €3,123 (+14.9%), from €20,980 to €24,103
- Depreciation +€2,974
new in 2025: €2,974
- Financial charges +€714
up €714 (+592.2%), from €120 to €834
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 | €17,564 | €37,944 | +€20,380 | +116.0% |
| Fixed assets | 21/28 | €6,850 | €19,267 | +€12,417 | +181.3% |
| Tangible fixed assets | 22/27 | - | €12,417 | +€12,417 | |
| Plant, machinery and equipment | 23 | - | €1,196 | +€1,196 | |
| Furniture and vehicles | 24 | - | €11,221 | +€11,221 | |
| Financial fixed assets | 28 | €6,850 | €6,850 | = | 0.0% |
| Current assets | 29/58 | €10,714 | €18,677 | +€7,963 | +74.3% |
| Stocks and contracts in progress | 3 | €2,571 | €2,076 | -€495 | -19.3% |
| Stocks | 30/36 | €2,571 | €2,076 | -€495 | -19.3% |
| Amounts receivable within one year | 40/41 | €5,336 | €10,147 | +€4,811 | +90.2% |
| Trade receivables | 40 | €5,336 | €10,147 | +€4,811 | +90.2% |
| Cash at bank and in hand | 54/58 | €2,347 | €5,841 | +€3,494 | +148.9% |
| Deferred charges and accrued income | 490/1 | €461 | €615 | +€153 | +33.3% |
| Total equity and liabilities | 10/49 | €17,564 | €37,944 | +€20,380 | +116.0% |
| Equity | 10/15 | -€50,679 | -€33,910 | +€16,769 | +33.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,279 | -€52,510 | +€16,769 | +24.2% |
| Amounts payable | 17/49 | €68,243 | €71,854 | +€3,611 | +5.3% |
| Amounts payable after more than one year | 17 | - | €5,331 | +€5,331 | |
| Financial debts | 170/4 | - | €5,331 | +€5,331 | |
| Amounts payable within one year | 42/48 | €68,243 | €66,523 | -€1,720 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,354 | +€3,354 | |
| Financial debts | 43 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Other loans | 439 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Trade debts | 44 | €7,232 | €3,881 | -€3,351 | -46.3% |
| Suppliers | 440/4 | €7,232 | €3,881 | -€3,351 | -46.3% |
| Taxes, remuneration and social security | 45 | €3,986 | €4,317 | +€331 | +8.3% |
| Taxes | 450/3 | €2,651 | €1,878 | -€773 | -29.2% |
| Remuneration and social security | 454/9 | €1,335 | €2,439 | +€1,104 | +82.7% |
| Other amounts payable | 47/48 | €54,525 | €49,970 | -€4,554 | -8.4% |
| Remuneration, social security and pensions | 62 | €20,980 | €24,103 | +€3,123 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,974 | +€2,974 | |
| Other operating charges | 640/8 | €3,183 | €2,765 | -€418 | -13.1% |
| Gross operating margin | 9900 | €24,144 | €47,112 | +€22,968 | +95.1% |
| Operating profit (loss) | 9901 | -€18 | €17,270 | +€17,289 | |
| Financial income | 75/76B | €250 | €460 | +€210 | +84.0% |
| Recurring financial income | 75 | €250 | €460 | +€210 | +84.0% |
| Financial charges | 65/66B | €120 | €834 | +€714 | +592.2% |
| Recurring financial charges | 65 | €120 | €834 | +€714 | +592.2% |
| Profit (loss) for the period before taxes | 9903 | €111 | €16,896 | +€16,785 | +15101.3% |
| Income taxes | 67/77 | €23 | €127 | +€104 | +455.2% |
| Profit (loss) for the period | 9904 | €88 | €16,769 | +€16,681 | +18901.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88 | €16,769 | +€16,681 | +18901.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.