LAKOCO: what changed
Two fiscal 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.
LAKOCO
Largest movements
- Receivables within one year -€60,392
down €60,392 (-59.4%), from €101,662 to €41,269
of which Other amounts receivable: -€60,582
- Tangible fixed assets -€31,686
down €31,686 (-22.9%), from €138,486 to €106,800
of which Furniture and vehicles: -€23,318
- Current investments +€20,038
up €20,038 (+71.6%), from €28,000 to €48,038
- Cash +€11,341
up €11,341 (+10.4%), from €109,191 to €120,532
mainly Receivables within one year (+€60,392) and Net result for the year (+€34,194)
- Other debts -€66,831
down €66,831 (-94.4%), from €70,831 to €4,000
- Profit (loss) carried forward +€30,194
up €30,194 (+19.6%), from €153,997 to €184,190
- Tax, wage and social debts -€14,496
down €14,496 (-56.2%), from €25,787 to €11,292
- Debts after one year -€8,509
down €8,509 (-100.0%), from €8,509 to €0
- Gross operating margin -€32,381
down €32,381 (-87.9%), from -€36,850 to -€69,230
- Depreciation +€21,835
up €21,835 (+197.9%), from €11,036 to €32,871
- Financial income -€16,962
down €16,962 (-10.3%), from €164,647 to €147,684
- Taxes -€12,907
down €12,907 (-59.5%), from €21,677 to €8,770
- Other operating charges +€1,208
up €1,208 (+155.7%), from €776 to €1,984
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 | €379,692 | €318,635 | -€61,057 | -16.1% |
| Fixed assets | 21/28 | €139,818 | €107,741 | -€32,076 | -22.9% |
| Intangible fixed assets | 21 | €1,331 | €941 | -€390 | -29.3% |
| Tangible fixed assets | 22/27 | €138,486 | €106,800 | -€31,686 | -22.9% |
| Plant, machinery and equipment | 23 | €16,659 | €8,291 | -€8,368 | -50.2% |
| Furniture and vehicles | 24 | €121,827 | €98,509 | -€23,318 | -19.1% |
| Current assets | 29/58 | €239,874 | €210,894 | -€28,980 | -12.1% |
| Amounts receivable within one year | 40/41 | €101,662 | €41,269 | -€60,392 | -59.4% |
| Trade receivables | 40 | - | €190 | +€190 | |
| Other amounts receivable | 41 | €101,662 | €41,079 | -€60,582 | -59.6% |
| Current investments | 50/53 | €28,000 | €48,038 | +€20,038 | +71.6% |
| Cash at bank and in hand | 54/58 | €109,191 | €120,532 | +€11,341 | +10.4% |
| Deferred charges and accrued income | 490/1 | €1,021 | €1,054 | +€34 | +3.3% |
| Total equity and liabilities | 10/49 | €379,692 | €318,635 | -€61,057 | -16.1% |
| Equity | 10/15 | €260,057 | €290,250 | +€30,194 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,860 | €99,860 | = | 0.0% |
| Distributable reserves | 133 | €99,860 | €99,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,997 | €184,190 | +€30,194 | +19.6% |
| Amounts payable | 17/49 | €119,635 | €28,385 | -€91,250 | -76.3% |
| Amounts payable after more than one year | 17 | €8,509 | €0 | -€8,509 | -100.0% |
| Financial debts | 170/4 | €8,509 | €0 | -€8,509 | -100.0% |
| Amounts payable within one year | 42/48 | €111,126 | €28,385 | -€82,741 | -74.5% |
| Current portion of amounts payable after more than one year | 42 | €9,879 | €8,509 | -€1,370 | -13.9% |
| Trade debts | 44 | €4,628 | €4,584 | -€44 | -0.9% |
| Suppliers | 440/4 | €4,628 | €4,584 | -€44 | -0.9% |
| Taxes, remuneration and social security | 45 | €25,787 | €11,292 | -€14,496 | -56.2% |
| Taxes | 450/3 | €25,787 | €11,292 | -€14,496 | -56.2% |
| Other amounts payable | 47/48 | €70,831 | €4,000 | -€66,831 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,036 | €32,871 | +€21,835 | +197.9% |
| Other operating charges | 640/8 | €776 | €1,984 | +€1,208 | +155.7% |
| Gross operating margin | 9900 | -€36,850 | -€69,230 | -€32,381 | -87.9% |
| Operating profit (loss) | 9901 | -€48,661 | -€104,085 | -€55,423 | -113.9% |
| Financial income | 75/76B | €164,647 | €147,684 | -€16,962 | -10.3% |
| Recurring financial income | 75 | €164,647 | €147,684 | -€16,962 | -10.3% |
| Financial charges | 65/66B | €310 | €637 | +€327 | +105.3% |
| Recurring financial charges | 65 | €310 | €637 | +€327 | +105.3% |
| Profit (loss) for the period before taxes | 9903 | €115,675 | €42,963 | -€72,712 | -62.9% |
| Income taxes | 67/77 | €21,677 | €8,770 | -€12,907 | -59.5% |
| Profit (loss) for the period | 9904 | €93,998 | €34,194 | -€59,805 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,998 | €34,194 | -€59,805 | -63.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.