LAKASO: 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.
LAKASO
Largest movements
- Receivables within one year -€21,298
down €21,298 (-21.7%), from €98,198 to €76,899
of which Trade receivables: -€33,290
- Cash +€12,954
up €12,954 (+54.4%), from €23,809 to €36,762
mainly Receivables within one year (+€21,298) and Provisions (+€14,745)
- Tangible fixed assets +€3,534
up €3,534 (+380%), from €930 to €4,464
- Trade debts -€15,625
down €15,625 (-55.1%), from €28,381 to €12,756
- Provisions +€14,745
new in 2025: €14,745
- Profit (loss) carried forward -€5,249
down €5,249 (-37.7%), from €13,911 to €8,662
- Tax, wage and social debts +€2,732
up €2,732 (+7.4%), from €37,029 to €39,761
of which Taxes: +€9,974
- Staff costs +€113,509
up €113,509 (+81.4%), from €139,507 to €253,016
- Gross operating margin +€85,070
up €85,070 (+46.4%), from €183,529 to €268,599
- Provisions +€14,745
new in 2025: €14,745
- Other operating charges -€7,893
down €7,893 (-93.8%), from €8,418 to €525
- Taxes -€3,379
down €3,379 (-48.2%), from €7,006 to €3,627
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 | €122,936 | €118,174 | -€4,763 | -3.9% |
| Fixed assets | 21/28 | €930 | €4,464 | +€3,534 | +380% |
| Tangible fixed assets | 22/27 | €930 | €4,464 | +€3,534 | +380% |
| Furniture and vehicles | 24 | €930 | €4,464 | +€3,534 | +380% |
| Current assets | 29/58 | €122,006 | €113,710 | -€8,297 | -6.8% |
| Amounts receivable within one year | 40/41 | €98,198 | €76,899 | -€21,298 | -21.7% |
| Trade receivables | 40 | €91,724 | €58,434 | -€33,290 | -36.3% |
| Other amounts receivable | 41 | €6,474 | €18,465 | +€11,991 | +185% |
| Cash at bank and in hand | 54/58 | €23,809 | €36,762 | +€12,954 | +54.4% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €122,936 | €118,174 | -€4,763 | -3.9% |
| Equity | 10/15 | €56,161 | €50,912 | -€5,249 | -9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,050 | €36,050 | = | 0.0% |
| Distributable reserves | 133 | €36,050 | €36,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,911 | €8,662 | -€5,249 | -37.7% |
| Provisions and deferred taxes | 16 | - | €14,745 | +€14,745 | |
| Provisions for liabilities and charges | 160/5 | - | €14,745 | +€14,745 | |
| Other liabilities and charges | 164/5 | - | €14,745 | +€14,745 | |
| Amounts payable | 17/49 | €66,776 | €52,517 | -€14,259 | -21.4% |
| Amounts payable within one year | 42/48 | €66,776 | €52,517 | -€14,259 | -21.4% |
| Financial debts | 43 | €764 | - | -€764 | |
| Credit institutions | 430/8 | €764 | - | -€764 | |
| Trade debts | 44 | €28,381 | €12,756 | -€15,625 | -55.1% |
| Suppliers | 440/4 | €28,381 | €12,756 | -€15,625 | -55.1% |
| Taxes, remuneration and social security | 45 | €37,029 | €39,761 | +€2,732 | +7.4% |
| Taxes | 450/3 | €17,188 | €27,162 | +€9,974 | +58.0% |
| Remuneration and social security | 454/9 | €19,841 | €12,599 | -€7,242 | -36.5% |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Remuneration, social security and pensions | 62 | €139,507 | €253,016 | +€113,509 | +81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,682 | +€383 | +29.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €14,745 | +€14,745 | |
| Other operating charges | 640/8 | €8,418 | €525 | -€7,893 | -93.8% |
| Gross operating margin | 9900 | €183,529 | €268,599 | +€85,070 | +46.4% |
| Operating profit (loss) | 9901 | €34,305 | -€1,369 | -€35,674 | |
| Financial income | 75/76B | €38 | €100 | +€62 | +164% |
| Recurring financial income | 75 | €38 | €100 | +€62 | +164% |
| Financial charges | 65/66B | €122 | €354 | +€232 | +191% |
| Recurring financial charges | 65 | €122 | €354 | +€232 | +191% |
| Profit (loss) for the period before taxes | 9903 | €34,221 | -€1,623 | -€35,844 | |
| Income taxes | 67/77 | €7,006 | €3,627 | -€3,379 | -48.2% |
| Profit (loss) for the period | 9904 | €27,216 | -€5,249 | -€32,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,216 | -€5,249 | -€32,465 |
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 17 October 2026 via checked.be.