LAKAY: 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.
LAKAY
Largest movements
- Receivables within one year +€50,308
up €50,308 (+9.3%), from €543,306 to €593,614
of which Other amounts receivable: +€48,035
- Cash -€17,403
down €17,403 (-42.2%), from €41,236 to €23,832
mainly Receivables within one year (-€50,308) and Tax, wage and social debts (-€6,383)
- Profit (loss) carried forward +€39,955
up €39,955 (+7.3%), from €544,839 to €584,795
- Tax, wage and social debts -€6,383
down €6,383 (-25.6%), from €24,890 to €18,507
- Gross operating margin -€43,982
down €43,982 (-43.8%), from €100,500 to €56,518
- Taxes -€7,083
down €7,083 (-31.8%), from €22,295 to €15,212
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 | €584,885 | €617,846 | +€32,961 | +5.6% |
| Fixed assets | 21/28 | €343 | - | -€343 | |
| Tangible fixed assets | 22/27 | €343 | - | -€343 | |
| Furniture and vehicles | 24 | €233 | - | -€233 | |
| Other tangible fixed assets | 26 | €110 | - | -€110 | |
| Current assets | 29/58 | €584,542 | €617,846 | +€33,304 | +5.7% |
| Amounts receivable within one year | 40/41 | €543,306 | €593,614 | +€50,308 | +9.3% |
| Trade receivables | 40 | €1,380 | €3,653 | +€2,273 | +164.7% |
| Other amounts receivable | 41 | €541,926 | €589,961 | +€48,035 | +8.9% |
| Cash at bank and in hand | 54/58 | €41,236 | €23,832 | -€17,403 | -42.2% |
| Deferred charges and accrued income | 490/1 | - | €399 | +€399 | |
| Total equity and liabilities | 10/49 | €584,885 | €617,846 | +€32,961 | +5.6% |
| Equity | 10/15 | €552,899 | €592,855 | +€39,955 | +7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €544,839 | €584,795 | +€39,955 | +7.3% |
| Amounts payable | 17/49 | €31,985 | €24,991 | -€6,995 | -21.9% |
| Amounts payable within one year | 42/48 | €31,985 | €20,274 | -€11,711 | -36.6% |
| Financial debts | 43 | €4,723 | - | -€4,723 | |
| Credit institutions | 430/8 | €4,723 | - | -€4,723 | |
| Trade debts | 44 | €2,372 | €1,767 | -€605 | -25.5% |
| Suppliers | 440/4 | €2,372 | €1,767 | -€605 | -25.5% |
| Taxes, remuneration and social security | 45 | €24,890 | €18,507 | -€6,383 | -25.6% |
| Taxes | 450/3 | €24,890 | €18,507 | -€6,383 | -25.6% |
| Accrued charges and deferred income | 492/3 | - | €4,716 | +€4,716 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €343 | -€163 | -32.2% |
| Other operating charges | 640/8 | €938 | €623 | -€315 | -33.6% |
| Gross operating margin | 9900 | €100,500 | €56,518 | -€43,982 | -43.8% |
| Operating profit (loss) | 9901 | €99,056 | €55,552 | -€43,504 | -43.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5050.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5050.0% |
| Financial charges | 65/66B | €391 | €385 | -€6 | -1.5% |
| Recurring financial charges | 65 | €391 | €385 | -€6 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €98,665 | €55,168 | -€43,497 | -44.1% |
| Income taxes | 67/77 | €22,295 | €15,212 | -€7,083 | -31.8% |
| Profit (loss) for the period | 9904 | €76,370 | €39,955 | -€36,414 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,370 | €39,955 | -€36,414 | -47.7% |
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 11 October 2026 via checked.be.