Lakkis Projects: 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.
Lakkis Projects
Largest movements
- Cash +€25,013
up €25,013 (+33.6%), from €74,473 to €99,486
mainly Net result for the year (+€47,200) and Tax, wage and social debts (+€1,991)
- Receivables within one year +€7,552
up €7,552 (+249.2%), from €3,031 to €10,583
- Tangible fixed assets -€1,861
down €1,861 (-56.2%), from €3,312 to €1,451
of which Furniture and vehicles: -€1,218
- Profit (loss) carried forward +€47,200
up €47,200 (+56.8%), from -€83,075 to -€35,875
- Other debts -€11,364
down €11,364 (-28.1%), from €40,403 to €29,039
- Debts after one year -€7,481
down €7,481 (-53.4%), from €14,001 to €6,520
- Tax, wage and social debts +€1,991
up €1,991 (+48.2%), from €4,131 to €6,122
- Gross operating margin +€47,220
up €47,220 (+1026.7%), from €4,599 to €51,819
- Financial charges -€587
down €587 (-21.1%), from €2,776 to €2,189
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 | €80,816 | €111,520 | +€30,704 | +38.0% |
| Fixed assets | 21/28 | €3,312 | €1,451 | -€1,861 | -56.2% |
| Tangible fixed assets | 22/27 | €3,312 | €1,451 | -€1,861 | -56.2% |
| Plant, machinery and equipment | 23 | €1,929 | €1,286 | -€643 | -33.3% |
| Furniture and vehicles | 24 | €1,383 | €165 | -€1,218 | -88.1% |
| Current assets | 29/58 | €77,504 | €110,069 | +€32,565 | +42.0% |
| Amounts receivable within one year | 40/41 | €3,031 | €10,583 | +€7,552 | +249.2% |
| Trade receivables | 40 | €3,031 | €10,583 | +€7,552 | +249.2% |
| Cash at bank and in hand | 54/58 | €74,473 | €99,486 | +€25,013 | +33.6% |
| Total equity and liabilities | 10/49 | €80,816 | €111,520 | +€30,704 | +38.0% |
| Equity | 10/15 | €15,158 | €62,358 | +€47,200 | +311.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,833 | €85,833 | = | 0.0% |
| Distributable reserves | 133 | €85,833 | €85,833 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,075 | -€35,875 | +€47,200 | +56.8% |
| Amounts payable | 17/49 | €65,658 | €49,162 | -€16,496 | -25.1% |
| Amounts payable after more than one year | 17 | €14,001 | €6,520 | -€7,481 | -53.4% |
| Financial debts | 170/4 | €14,001 | €6,520 | -€7,481 | -53.4% |
| Amounts payable within one year | 42/48 | €51,657 | €42,642 | -€9,015 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €7,123 | €7,481 | +€358 | +5.0% |
| Taxes, remuneration and social security | 45 | €4,131 | €6,122 | +€1,991 | +48.2% |
| Taxes | 450/3 | €4,131 | €6,122 | +€1,991 | +48.2% |
| Other amounts payable | 47/48 | €40,403 | €29,039 | -€11,364 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,982 | €1,861 | -€121 | -6.1% |
| Other operating charges | 640/8 | €407 | €355 | -€52 | -12.8% |
| Gross operating margin | 9900 | €4,599 | €51,819 | +€47,220 | +1026.7% |
| Operating profit (loss) | 9901 | €2,210 | €49,603 | +€47,393 | +2144.5% |
| Financial charges | 65/66B | €2,776 | €2,189 | -€587 | -21.1% |
| Recurring financial charges | 65 | €2,776 | €2,189 | -€587 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€566 | €47,414 | +€47,980 | |
| Income taxes | 67/77 | €205 | €214 | +€9 | +4.4% |
| Profit (loss) for the period | 9904 | -€771 | €47,200 | +€47,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€771 | €47,200 | +€47,971 |
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 12 October 2026 via checked.be.