LK Boutique: 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.
LK Boutique
Largest movements
- Cash +€49,342
up €49,342 (+50.1%), from €98,568 to €147,910
mainly Receivables within one year (+€34,489) and Net result for the year (+€31,267)
- Receivables within one year -€34,489
down €34,489 (-82.5%), from €41,825 to €7,336
of which Other amounts receivable: -€23,596
- Stocks and contracts -€3,800
down €3,800 (-29.2%), from €13,000 to €9,200
- Other debts +€21,250
new in 2025: €21,250
- Trade debts -€19,972
down €19,972 (-83.9%), from €23,810 to €3,838
- Tax, wage and social debts +€10,781
up €10,781 (+27.6%), from €39,076 to €49,857
of which Taxes: +€13,033
- Profit (loss) carried forward +€6,268
up €6,268 (+7.7%), from €81,892 to €88,160
- Current portion of long-term debt -€4,119
no longer reported in 2025 (was €4,119)
- Purchases and services +€26,200
up €26,200 (+9.0%), from €291,283 to €317,483
- Staff costs -€7,228
down €7,228 (-10.9%), from €66,202 to €58,974
- Taxes -€4,892
down €4,892 (-35.7%), from €13,718 to €8,826
- Gross operating margin -€2,272
down €2,272 (-2.1%), from €110,390 to €108,118
- Depreciation -€1,725
down €1,725 (-54.7%), from €3,152 to €1,427
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 | €158,506 | €170,402 | +€11,896 | +7.5% |
| Formation expenses | 20 | - | €103 | +€103 | |
| Fixed assets | 21/28 | €4,028 | €3,605 | -€423 | -10.5% |
| Intangible fixed assets | 21 | €3,248 | €2,297 | -€951 | -29.3% |
| Tangible fixed assets | 22/27 | €780 | €1,308 | +€528 | +67.7% |
| Plant, machinery and equipment | 23 | €580 | €253 | -€327 | -56.4% |
| Furniture and vehicles | 24 | €200 | €1,055 | +€855 | +428% |
| Current assets | 29/58 | €154,478 | €166,694 | +€12,216 | +7.9% |
| Stocks and contracts in progress | 3 | €13,000 | €9,200 | -€3,800 | -29.2% |
| Stocks | 30/36 | €13,000 | €9,200 | -€3,800 | -29.2% |
| Amounts receivable within one year | 40/41 | €41,825 | €7,336 | -€34,489 | -82.5% |
| Trade receivables | 40 | €12,745 | €1,852 | -€10,893 | -85.5% |
| Other amounts receivable | 41 | €29,080 | €5,484 | -€23,596 | -81.1% |
| Cash at bank and in hand | 54/58 | €98,568 | €147,910 | +€49,342 | +50.1% |
| Deferred charges and accrued income | 490/1 | €1,085 | €2,248 | +€1,163 | +107% |
| Total equity and liabilities | 10/49 | €158,506 | €170,402 | +€11,896 | +7.5% |
| Equity | 10/15 | €88,892 | €95,160 | +€6,268 | +7.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,892 | €88,160 | +€6,268 | +7.7% |
| Amounts payable | 17/49 | €69,614 | €75,242 | +€5,628 | +8.1% |
| Amounts payable within one year | 42/48 | €67,005 | €74,945 | +€7,940 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €4,119 | - | -€4,119 | |
| Trade debts | 44 | €23,810 | €3,838 | -€19,972 | -83.9% |
| Suppliers | 440/4 | €23,810 | €3,838 | -€19,972 | -83.9% |
| Taxes, remuneration and social security | 45 | €39,076 | €49,857 | +€10,781 | +27.6% |
| Taxes | 450/3 | €22,120 | €35,153 | +€13,033 | +58.9% |
| Remuneration and social security | 454/9 | €16,956 | €14,704 | -€2,252 | -13.3% |
| Other amounts payable | 47/48 | - | €21,250 | +€21,250 | |
| Accrued charges and deferred income | 492/3 | €2,609 | €297 | -€2,312 | -88.6% |
| Non-recurring operating income | 76A | - | €699 | +€699 | |
| Goods, raw materials, services and sundry goods | 60/61 | €291,283 | €317,483 | +€26,200 | +9.0% |
| Remuneration, social security and pensions | 62 | €66,202 | €58,974 | -€7,228 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,152 | €1,427 | -€1,725 | -54.7% |
| Other operating charges | 640/8 | €3,931 | €3,924 | -€7 | -0.2% |
| Gross operating margin | 9900 | €110,390 | €108,118 | -€2,272 | -2.1% |
| Operating profit (loss) | 9901 | €37,105 | €43,793 | +€6,688 | +18.0% |
| Financial income | 75/76B | €74 | €187 | +€113 | +153% |
| Recurring financial income | 75 | €74 | €187 | +€113 | +153% |
| Financial charges | 65/66B | €3,395 | €3,887 | +€492 | +14.5% |
| Recurring financial charges | 65 | €2,820 | €2,583 | -€237 | -8.4% |
| Non-recurring financial charges | 66B | €575 | €1,304 | +€729 | +127% |
| Profit (loss) for the period before taxes | 9903 | €33,784 | €40,093 | +€6,309 | +18.7% |
| Income taxes | 67/77 | €13,718 | €8,826 | -€4,892 | -35.7% |
| Profit (loss) for the period | 9904 | €20,066 | €31,267 | +€11,201 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,066 | €31,267 | +€11,201 | +55.8% |
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 18 October 2026 via checked.be.