L-KA Group: 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.
L-KA Group
Largest movements
- Cash +€14,811
up €14,811 (+3,366%), from €440 to €15,251
mainly Receivables within one year (+€13,108) and Depreciation (+€8,991)
- Receivables within one year -€13,108
down €13,108 (-93.2%), from €14,058 to €950
of which Other amounts receivable: -€14,041
- Tangible fixed assets -€7,986
down €7,986 (-33.5%), from €23,815 to €15,829
of which Furniture and vehicles: -€7,229
- Deferred charges and accrued income -€522
down €522 (-39.4%), from €1,325 to €802
- Profit (loss) carried forward -€5,205
down €5,205 (-88.3%), from €5,892 to €687
- Other debts -€5,094
down €5,094 (-47.9%), from €10,645 to €5,551
- Tax, wage and social debts +€4,825
up €4,825 (+1,348%), from €358 to €5,183
- Trade debts -€809
down €809 (-46.0%), from €1,760 to €951
- Accrued charges and deferred income -€522
no longer reported in 2025 (was €522)
- Financial charges -€255,000
down €255,000 (-99.8%), from €255,458 to €458
of which Non-recurring financial charges: -€255,000
- Gross operating margin +€19,584
up €19,584, from -€14,866 to €4,718
- Depreciation -€2,161
down €2,161 (-19.4%), from €11,151 to €8,991
- Other operating charges -€1,426
down €1,426 (-90.6%), from €1,575 to €148
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.
Derived cash bridge
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 | €39,638 | €32,832 | -€6,806 | -17.2% |
| Fixed assets | 21/28 | €23,815 | €15,829 | -€7,986 | -33.5% |
| Tangible fixed assets | 22/27 | €23,815 | €15,829 | -€7,986 | -33.5% |
| Plant, machinery and equipment | 23 | €5,745 | €4,988 | -€757 | -13.2% |
| Furniture and vehicles | 24 | €8,820 | €1,590 | -€7,229 | -82.0% |
| Other tangible fixed assets | 26 | €9,250 | €9,250 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €15,823 | €17,003 | +€1,181 | +7.5% |
| Amounts receivable within one year | 40/41 | €14,058 | €950 | -€13,108 | -93.2% |
| Trade receivables | 40 | €0 | €933 | +€933 | |
| Other amounts receivable | 41 | €14,058 | €16 | -€14,041 | -99.9% |
| Cash at bank and in hand | 54/58 | €440 | €15,251 | +€14,811 | +3,366% |
| Deferred charges and accrued income | 490/1 | €1,325 | €802 | -€522 | -39.4% |
| Total equity and liabilities | 10/49 | €39,638 | €32,832 | -€6,806 | -17.2% |
| Equity | 10/15 | €26,352 | €21,147 | -€5,205 | -19.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,892 | €687 | -€5,205 | -88.3% |
| Amounts payable | 17/49 | €13,286 | €11,685 | -€1,600 | -12.0% |
| Amounts payable within one year | 42/48 | €12,763 | €11,685 | -€1,078 | -8.4% |
| Trade debts | 44 | €1,760 | €951 | -€809 | -46.0% |
| Suppliers | 440/4 | €1,760 | €951 | -€809 | -46.0% |
| Taxes, remuneration and social security | 45 | €358 | €5,183 | +€4,825 | +1,348% |
| Taxes | 450/3 | €358 | €5,183 | +€4,825 | +1,348% |
| Other amounts payable | 47/48 | €10,645 | €5,551 | -€5,094 | -47.9% |
| Accrued charges and deferred income | 492/3 | €522 | - | -€522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,151 | €8,991 | -€2,161 | -19.4% |
| Other operating charges | 640/8 | €1,575 | €148 | -€1,426 | -90.6% |
| Gross operating margin | 9900 | -€14,866 | €4,718 | +€19,584 | |
| Operating profit (loss) | 9901 | -€27,592 | -€4,421 | +€23,171 | +84.0% |
| Financial income | 75/76B | €18 | €12 | -€5 | -29.0% |
| Recurring financial income | 75 | €18 | €12 | -€5 | -29.0% |
| Financial charges | 65/66B | €255,458 | €458 | -€255,000 | -99.8% |
| Recurring financial charges | 65 | €458 | €458 | +€0 | 0.0% |
| Non-recurring financial charges | 66B | €255,000 | - | -€255,000 | |
| Profit (loss) for the period before taxes | 9903 | -€283,033 | -€4,867 | +€278,166 | +98.3% |
| Income taxes | 67/77 | €358 | €338 | -€20 | -5.5% |
| Profit (loss) for the period | 9904 | -€283,391 | -€5,205 | +€278,186 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€283,391 | -€5,205 | +€278,186 | +98.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.