LK CONCEPT: 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 CONCEPT
Largest movements
- Tangible fixed assets -€15,650
down €15,650 (-38.5%), from €40,677 to €25,026
of which Furniture and vehicles: -€14,882
- Cash -€10,560
down €10,560 (-42.5%), from €24,863 to €14,302
mainly Net result for the year (-€17,952) and Debts after one year (-€7,128)
- Receivables within one year +€5,210
up €5,210 (+14.1%), from €37,012 to €42,222
of which Other amounts receivable: +€7,832
- Profit (loss) carried forward -€17,952
down €17,952 (-35.1%), from €51,147 to €33,196
- Debts after one year -€7,128
down €7,128 (-24.2%), from €29,516 to €22,388
- Trade debts +€2,845
up €2,845 (+179%), from €1,592 to €4,437
- Gross operating margin -€24,576
down €24,576 (-36.5%), from €67,243 to €42,667
- Depreciation +€4,547
up €4,547 (+37.7%), from €12,069 to €16,616
- Staff costs -€4,190
down €4,190 (-9.2%), from €45,510 to €41,320
- Other operating charges -€1,642
down €1,642 (-48.2%), from €3,404 to €1,762
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 | €103,239 | €81,582 | -€21,656 | -21.0% |
| Fixed assets | 21/28 | €40,677 | €25,026 | -€15,650 | -38.5% |
| Tangible fixed assets | 22/27 | €40,677 | €25,026 | -€15,650 | -38.5% |
| Plant, machinery and equipment | 23 | €768 | - | -€768 | |
| Furniture and vehicles | 24 | €39,908 | €25,026 | -€14,882 | -37.3% |
| Current assets | 29/58 | €62,562 | €56,556 | -€6,006 | -9.6% |
| Amounts receivable within one year | 40/41 | €37,012 | €42,222 | +€5,210 | +14.1% |
| Trade receivables | 40 | €9,570 | €6,949 | -€2,622 | -27.4% |
| Other amounts receivable | 41 | €27,442 | €35,274 | +€7,832 | +28.5% |
| Cash at bank and in hand | 54/58 | €24,863 | €14,302 | -€10,560 | -42.5% |
| Deferred charges and accrued income | 490/1 | €687 | €31 | -€656 | -95.4% |
| Total equity and liabilities | 10/49 | €103,239 | €81,582 | -€21,656 | -21.0% |
| Equity | 10/15 | €56,147 | €38,196 | -€17,952 | -32.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,147 | €33,196 | -€17,952 | -35.1% |
| Amounts payable | 17/49 | €47,091 | €43,387 | -€3,705 | -7.9% |
| Amounts payable after more than one year | 17 | €29,516 | €22,388 | -€7,128 | -24.2% |
| Financial debts | 170/4 | €29,516 | €22,388 | -€7,128 | -24.2% |
| Amounts payable within one year | 42/48 | €17,575 | €20,999 | +€3,424 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €7,466 | €7,128 | -€338 | -4.5% |
| Trade debts | 44 | €1,592 | €4,437 | +€2,845 | +179% |
| Suppliers | 440/4 | €1,592 | €4,437 | +€2,845 | +179% |
| Taxes, remuneration and social security | 45 | €8,517 | €9,433 | +€916 | +10.8% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €8,517 | €9,433 | +€916 | +10.8% |
| Remuneration, social security and pensions | 62 | €45,510 | €41,320 | -€4,190 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,069 | €16,616 | +€4,547 | +37.7% |
| Other operating charges | 640/8 | €3,404 | €1,762 | -€1,642 | -48.2% |
| Gross operating margin | 9900 | €67,243 | €42,667 | -€24,576 | -36.5% |
| Operating profit (loss) | 9901 | €6,259 | -€17,031 | -€23,291 | |
| Financial income | 75/76B | €1,721 | €1,212 | -€509 | -29.6% |
| Recurring financial income | 75 | €1,721 | €1,212 | -€509 | -29.6% |
| Financial charges | 65/66B | €2,348 | €2,133 | -€216 | -9.2% |
| Recurring financial charges | 65 | €2,348 | €2,133 | -€216 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €5,632 | -€17,952 | -€23,584 | |
| Profit (loss) for the period | 9904 | €5,632 | -€17,952 | -€23,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,632 | -€17,952 | -€23,584 |
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 17 October 2026 via checked.be.