LEE CHI KO: 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.
LEE CHI KO
Largest movements
- Tangible fixed assets -€62,127
down €62,127 (-4.7%), from €1.3m to €1.3m
of which Leasing and similar rights: -€56,176
- Receivables within one year -€52,575
down €52,575 (-26.6%), from €197,954 to €145,379
of which Trade receivables: -€59,468
- Stocks and contracts +€20,931
up €20,931 (+29.0%), from €72,163 to €93,094
- Trade debts -€164,439
down €164,439 (-61.7%), from €266,354 to €101,916
- Current portion of long-term debt -€114,944
down €114,944 (-56.7%), from €202,763 to €87,818
- Profit (loss) carried forward +€110,157
up €110,157 (+16.4%), from €671,500 to €781,656
- Other debts +€79,142
up €79,142 (+528%), from €14,993 to €94,134
- Debts after one year -€35,397
down €35,397 (-4.9%), from €723,609 to €688,212
of which Financial debts: -€39,876
- Gross operating margin +€120,221
up €120,221 (+17.0%), from €707,433 to €827,654
- Financial charges +€70,804
up €70,804 (+222%), from €31,828 to €102,633
- Taxes +€26,636
up €26,636 (+44.6%), from €59,762 to €86,398
- Staff costs +€17,605
up €17,605 (+8.7%), from €202,387 to €219,993
- Other operating charges +€9,971
up €9,971 (+281%), from €3,548 to €13,519
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 | €1,983,636 | €1,869,113 | -€114,522 | -5.8% |
| Fixed assets | 21/28 | €1,337,938 | €1,274,983 | -€62,955 | -4.7% |
| Intangible fixed assets | 21 | €3,791 | €2,653 | -€1,138 | -30.0% |
| Tangible fixed assets | 22/27 | €1,331,657 | €1,269,530 | -€62,127 | -4.7% |
| Land and buildings | 22 | €902,729 | €869,949 | -€32,780 | -3.6% |
| Plant, machinery and equipment | 23 | €326,955 | €342,074 | +€15,119 | +4.6% |
| Furniture and vehicles | 24 | €12,611 | €25,598 | +€12,987 | +103% |
| Leasing and similar rights | 25 | €68,772 | €12,597 | -€56,176 | -81.7% |
| Other tangible fixed assets | 26 | €20,590 | €19,312 | -€1,278 | -6.2% |
| Financial fixed assets | 28 | €2,490 | €2,800 | +€310 | +12.5% |
| Current assets | 29/58 | €645,698 | €594,130 | -€51,567 | -8.0% |
| Stocks and contracts in progress | 3 | €72,163 | €93,094 | +€20,931 | +29.0% |
| Stocks | 30/36 | €72,163 | €93,094 | +€20,931 | +29.0% |
| Amounts receivable within one year | 40/41 | €197,954 | €145,379 | -€52,575 | -26.6% |
| Trade receivables | 40 | €172,649 | €113,182 | -€59,468 | -34.4% |
| Other amounts receivable | 41 | €25,304 | €32,197 | +€6,893 | +27.2% |
| Cash at bank and in hand | 54/58 | €367,239 | €347,627 | -€19,612 | -5.3% |
| Deferred charges and accrued income | 490/1 | €8,343 | €8,031 | -€312 | -3.7% |
| Total equity and liabilities | 10/49 | €1,983,636 | €1,869,113 | -€114,522 | -5.8% |
| Equity | 10/15 | €721,000 | €831,156 | +€110,157 | +15.3% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €4,500 | €4,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €671,500 | €781,656 | +€110,157 | +16.4% |
| Amounts payable | 17/49 | €1,262,636 | €1,037,957 | -€224,679 | -17.8% |
| Amounts payable after more than one year | 17 | €723,609 | €688,212 | -€35,397 | -4.9% |
| Financial debts | 170/4 | €633,243 | €593,367 | -€39,876 | -6.3% |
| Other amounts payable | 178/9 | €90,366 | €94,844 | +€4,479 | +5.0% |
| Amounts payable within one year | 42/48 | €539,027 | €349,745 | -€189,282 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €202,763 | €87,818 | -€114,944 | -56.7% |
| Trade debts | 44 | €266,354 | €101,916 | -€164,439 | -61.7% |
| Suppliers | 440/4 | €266,354 | €101,916 | -€164,439 | -61.7% |
| Taxes, remuneration and social security | 45 | €54,918 | €65,877 | +€10,959 | +20.0% |
| Taxes | 450/3 | €25,100 | €49,762 | +€24,662 | +98.3% |
| Remuneration and social security | 454/9 | €29,818 | €16,115 | -€13,703 | -46.0% |
| Other amounts payable | 47/48 | €14,993 | €94,134 | +€79,142 | +528% |
| Non-recurring operating income | 76A | €1,262 | - | -€1,262 | |
| Remuneration, social security and pensions | 62 | €202,387 | €219,993 | +€17,605 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,718 | €134,021 | +€8,303 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,054 | +€3,054 | |
| Other operating charges | 640/8 | €3,548 | €13,519 | +€9,971 | +281% |
| Non-recurring operating charges | 66A | €1,144 | €5,893 | +€4,749 | +415% |
| Gross operating margin | 9900 | €707,433 | €827,654 | +€120,221 | +17.0% |
| Operating profit (loss) | 9901 | €374,635 | €451,174 | +€76,539 | +20.4% |
| Financial income | 75/76B | €51,999 | €45,189 | -€6,810 | -13.1% |
| Recurring financial income | 75 | €51,999 | €45,189 | -€6,810 | -13.1% |
| Financial charges | 65/66B | €31,828 | €102,633 | +€70,804 | +222% |
| Recurring financial charges | 65 | €31,828 | €102,633 | +€70,804 | +222% |
| Profit (loss) for the period before taxes | 9903 | €394,806 | €393,731 | -€1,075 | -0.3% |
| Income taxes | 67/77 | €59,762 | €86,398 | +€26,636 | +44.6% |
| Profit (loss) for the period | 9904 | €335,044 | €307,333 | -€27,711 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €335,044 | €307,333 | -€27,711 | -8.3% |
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 23 October 2026 via checked.be.