LK ENGINEERING: 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.
LK ENGINEERING
Largest movements
- Cash +€26,290
up €26,290 (+10.7%), from €244,777 to €271,067
mainly Net result for the year (+€115,107) and Other debts (+€83,500)
- Tangible fixed assets -€10,342
down €10,342 (-20.5%), from €50,445 to €40,103
of which Furniture and vehicles: -€12,188
- Other debts +€83,500
up €83,500 (+111.4%), from €74,981 to €158,481
- Reserves -€70,441
down €70,441 (-36.9%), from €190,658 to €120,217
- Tax, wage and social debts +€5,152
up €5,152 (+12.1%), from €42,562 to €47,715
of which Taxes: +€5,111
- Gross operating margin +€19,883
up €19,883 (+14.4%), from €137,729 to €157,612
- Taxes +€7,067
up €7,067 (+29.8%), from €23,745 to €30,812
- Other operating charges -€2,326
down €2,326 (-71.6%), from €3,250 to €924
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 | €311,993 | €332,044 | +€20,051 | +6.4% |
| Fixed assets | 21/28 | €50,445 | €40,103 | -€10,342 | -20.5% |
| Tangible fixed assets | 22/27 | €50,445 | €40,103 | -€10,342 | -20.5% |
| Plant, machinery and equipment | 23 | - | €1,846 | +€1,846 | |
| Furniture and vehicles | 24 | €50,445 | €38,257 | -€12,188 | -24.2% |
| Current assets | 29/58 | €261,548 | €291,940 | +€30,392 | +11.6% |
| Amounts receivable within one year | 40/41 | €15,670 | €17,152 | +€1,482 | +9.5% |
| Trade receivables | 40 | €15,670 | €17,152 | +€1,482 | +9.5% |
| Cash at bank and in hand | 54/58 | €244,777 | €271,067 | +€26,290 | +10.7% |
| Deferred charges and accrued income | 490/1 | €1,101 | €3,722 | +€2,620 | +237.9% |
| Total equity and liabilities | 10/49 | €311,993 | €332,044 | +€20,051 | +6.4% |
| Equity | 10/15 | €193,658 | €123,273 | -€70,386 | -36.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €190,658 | €120,217 | -€70,441 | -36.9% |
| Distributable reserves | 133 | €190,658 | €120,217 | -€70,441 | -36.9% |
| Profit (loss) carried forward | 14 | - | €56 | +€56 | |
| Amounts payable | 17/49 | €118,335 | €208,771 | +€90,436 | +76.4% |
| Amounts payable within one year | 42/48 | €118,335 | €208,771 | +€90,436 | +76.4% |
| Trade debts | 44 | €791 | €2,575 | +€1,784 | +225.5% |
| Suppliers | 440/4 | €791 | €2,575 | +€1,784 | +225.5% |
| Taxes, remuneration and social security | 45 | €42,562 | €47,715 | +€5,152 | +12.1% |
| Taxes | 450/3 | €32,672 | €37,784 | +€5,111 | +15.6% |
| Remuneration and social security | 454/9 | €9,890 | €9,931 | +€41 | +0.4% |
| Other amounts payable | 47/48 | €74,981 | €158,481 | +€83,500 | +111.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,705 | €12,203 | +€1,499 | +14.0% |
| Other operating charges | 640/8 | €3,250 | €924 | -€2,326 | -71.6% |
| Gross operating margin | 9900 | €137,729 | €157,612 | +€19,883 | +14.4% |
| Operating profit (loss) | 9901 | €123,774 | €144,485 | +€20,711 | +16.7% |
| Financial income | 75/76B | €2,351 | €1,709 | -€643 | -27.3% |
| Recurring financial income | 75 | €2,351 | €1,709 | -€643 | -27.3% |
| Financial charges | 65/66B | €488 | €275 | -€213 | -43.7% |
| Recurring financial charges | 65 | €488 | €275 | -€213 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €125,638 | €145,919 | +€20,281 | +16.1% |
| Income taxes | 67/77 | €23,745 | €30,812 | +€7,067 | +29.8% |
| Profit (loss) for the period | 9904 | €101,893 | €115,107 | +€13,214 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,893 | €115,107 | +€13,214 | +13.0% |
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 2 October 2026 via checked.be.