Lakk: 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.
Lakk
Largest movements
- Receivables within one year +€57,123
up €57,123 (+23.1%), from €247,032 to €304,155
of which Trade receivables: +€33,055
- Tangible fixed assets +€21,759
up €21,759 (+2.6%), from €852,648 to €874,407
of which Land and buildings: +€39,671
- Debts after one year +€85,859
up €85,859 (+13.1%), from €654,441 to €740,299
- Trade debts +€63,902
up €63,902 (+34.6%), from €184,772 to €248,673
- Current portion of long-term debt -€52,661
down €52,661 (-35.4%), from €148,579 to €95,918
- Profit (loss) carried forward -€32,870
down €32,870 (-1,580%), from -€2,080 to -€34,950
- Tax, wage and social debts +€32,351
up €32,351 (+333%), from €9,717 to €42,068
of which Taxes: +€25,209
- Staff costs +€47,677
up €47,677 (+30.2%), from €157,701 to €205,378
- Taxes -€40,000
down €40,000, from €20,000 to -€20,000
- Gross operating margin -€39,892
down €39,892 (-10.1%), from €393,904 to €354,012
- Depreciation -€33,194
down €33,194 (-16.5%), from €200,947 to €167,752
- Financial charges -€5,959
down €5,959 (-23.9%), from €24,887 to €18,928
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 | €1,266,381 | €1,356,177 | +€89,796 | +7.1% |
| Fixed assets | 21/28 | €854,447 | €876,206 | +€21,759 | +2.5% |
| Tangible fixed assets | 22/27 | €852,648 | €874,407 | +€21,759 | +2.6% |
| Land and buildings | 22 | €34,688 | €74,359 | +€39,671 | +114% |
| Plant, machinery and equipment | 23 | €187,561 | €150,473 | -€37,088 | -19.8% |
| Furniture and vehicles | 24 | €24,882 | €18,276 | -€6,606 | -26.5% |
| Leasing and similar rights | 25 | €605,517 | €631,299 | +€25,781 | +4.3% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €411,934 | €479,971 | +€68,037 | +16.5% |
| Stocks and contracts in progress | 3 | €54,458 | €54,458 | = | 0.0% |
| Stocks | 30/36 | €54,458 | €54,458 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €247,032 | €304,155 | +€57,123 | +23.1% |
| Trade receivables | 40 | €239,545 | €272,600 | +€33,055 | +13.8% |
| Other amounts receivable | 41 | €7,487 | €31,554 | +€24,068 | +321% |
| Cash at bank and in hand | 54/58 | €99,416 | €110,739 | +€11,323 | +11.4% |
| Deferred charges and accrued income | 490/1 | €11,029 | €10,620 | -€409 | -3.7% |
| Total equity and liabilities | 10/49 | €1,266,381 | €1,356,177 | +€89,796 | +7.1% |
| Equity | 10/15 | €68,036 | €35,166 | -€32,870 | -48.3% |
| Contributions | 10/11 | €49,578 | €49,578 | = | 0.0% |
| Contributions outside capital | 11 | €49,578 | €49,578 | = | 0.0% |
| Other | 1109/19 | €49,578 | €49,578 | = | 0.0% |
| Reserves | 13 | €20,538 | €20,538 | = | 0.0% |
| Distributable reserves | 133 | €20,538 | €20,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,080 | -€34,950 | -€32,870 | -1,580% |
| Amounts payable | 17/49 | €1,198,345 | €1,321,011 | +€122,665 | +10.2% |
| Amounts payable after more than one year | 17 | €654,441 | €740,299 | +€85,859 | +13.1% |
| Financial debts | 170/4 | €654,441 | €740,299 | +€85,859 | +13.1% |
| Amounts payable within one year | 42/48 | €543,905 | €580,711 | +€36,807 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €148,579 | €95,918 | -€52,661 | -35.4% |
| Trade debts | 44 | €184,772 | €248,673 | +€63,902 | +34.6% |
| Suppliers | 440/4 | €184,772 | €248,673 | +€63,902 | +34.6% |
| Advances received on contracts in progress | 46 | €9,591 | €2,756 | -€6,835 | -71.3% |
| Taxes, remuneration and social security | 45 | €9,717 | €42,068 | +€32,351 | +333% |
| Taxes | 450/3 | - | €25,209 | +€25,209 | |
| Remuneration and social security | 454/9 | €9,717 | €16,859 | +€7,142 | +73.5% |
| Other amounts payable | 47/48 | €191,246 | €191,296 | +€50 | 0.0% |
| Remuneration, social security and pensions | 62 | €157,701 | €205,378 | +€47,677 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,947 | €167,752 | -€33,194 | -16.5% |
| Other operating charges | 640/8 | €19,630 | €14,871 | -€4,759 | -24.2% |
| Gross operating margin | 9900 | €393,904 | €354,012 | -€39,892 | -10.1% |
| Operating profit (loss) | 9901 | €15,626 | -€33,989 | -€49,616 | |
| Financial income | 75/76B | €241 | €48 | -€193 | -80.2% |
| Recurring financial income | 75 | €241 | €48 | -€193 | -80.2% |
| Financial charges | 65/66B | €24,887 | €18,928 | -€5,959 | -23.9% |
| Recurring financial charges | 65 | €24,887 | €18,928 | -€5,959 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,019 | -€52,870 | -€43,850 | -486% |
| Income taxes | 67/77 | €20,000 | -€20,000 | -€40,000 | |
| Profit (loss) for the period | 9904 | -€29,019 | -€32,870 | -€3,850 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,019 | -€32,870 | -€3,850 | -13.3% |
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 14 October 2026 via checked.be.