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LK Home: 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.

What changed

LK Home

BE 0652.939.860
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€787
2024 · €2,546-€3,334
Equity
€991
2024 · €2,036-€1,046
Cash
€845
2024 · €9,262-€8,417
Balance sheet total
€1,686
2024 · €25,261-€23,576

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€12,373

    down €12,373 (-94.9%), from €13,032 to €659

    of which Trade receivables: -€13,028

  • Cash -€8,417

    down €8,417 (-90.9%), from €9,262 to €845

    mainly Trade debts (-€9,437) and Other debts (-€7,542)

  • Deferred charges and accrued income -€2,562

    down €2,562 (-100%), from €2,562 to €0

Equity and liabilities
  • Trade debts -€9,437

    down €9,437 (-95.0%), from €9,937 to €500

  • Other debts -€7,542

    down €7,542 (-100%), from €7,542 to €0

  • Tax, wage and social debts -€5,551

    down €5,551 (-96.6%), from €5,746 to €195

    of which Taxes: -€5,551

  • Profit (loss) carried forward -€1,046

    down €1,046 (-10.1%), from -€10,364 to -€11,409

Income statement
  • Gross operating margin -€6,467

    down €6,467 (-77.9%), from €8,305 to €1,837

  • Other operating charges -€1,292

    down €1,292 (-64.9%), from €1,992 to €699

  • Depreciation -€816

    down €816 (-78.5%), from €1,040 to €224

  • Taxes -€687

    down €687 (-33.0%), from €2,080 to €1,393

  • Financial charges -€339

    down €339 (-52.4%), from €647 to €308

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,546
Gross operating margin -€6,467
Depreciation +€816
Other operating charges +€1,292
Financial charges +€339
Taxes +€687
Result 2025 -€787
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€8,159
Investment €0
Financing -€258
Cash 2024 €9,262
Net result for the year -€787
Depreciation +€224
Receivables within one year +€12,373
Deferred charges and accrued income +€2,562
Trade debts -€9,437
Tax, wage and social debts -€5,551
Other debts -€7,542
Contributions, distributions and other -€258
Cash 2025 €845
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €25,261 €1,686 -€23,576 -93.3%
Fixed assets 21/28 €406 €182 -€224 -55.2%
Tangible fixed assets 22/27 €406 €182 -€224 -55.2%
Plant, machinery and equipment 23 €0 - =
Furniture and vehicles 24 €406 €182 -€224 -55.2%
Current assets 29/58 €24,856 €1,504 -€23,352 -93.9%
Amounts receivable within one year 40/41 €13,032 €659 -€12,373 -94.9%
Trade receivables 40 €13,028 €0 -€13,028 -100%
Other amounts receivable 41 €4 €659 +€655 +14,846%
Cash at bank and in hand 54/58 €9,262 €845 -€8,417 -90.9%
Deferred charges and accrued income 490/1 €2,562 €0 -€2,562 -100%
Total equity and liabilities 10/49 €25,261 €1,686 -€23,576 -93.3%
Equity 10/15 €2,036 €991 -€1,046 -51.3%
Contributions 10/11 €12,400 €12,400 = 0.0%
Profit (loss) carried forward 14 -€10,364 -€11,409 -€1,046 -10.1%
Amounts payable 17/49 €23,225 €695 -€22,530 -97.0%
Amounts payable within one year 42/48 €23,225 €695 -€22,530 -97.0%
Trade debts 44 €9,937 €500 -€9,437 -95.0%
Suppliers 440/4 €9,937 €500 -€9,437 -95.0%
Taxes, remuneration and social security 45 €5,746 €195 -€5,551 -96.6%
Taxes 450/3 €5,746 €195 -€5,551 -96.6%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €7,542 €0 -€7,542 -100%
Non-recurring operating income 76A €18 €0 -€18 -100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,040 €224 -€816 -78.5%
Other operating charges 640/8 €1,992 €699 -€1,292 -64.9%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 €8,305 €1,837 -€6,467 -77.9%
Operating profit (loss) 9901 €5,273 €914 -€4,359 -82.7%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €647 €308 -€339 -52.4%
Recurring financial charges 65 €647 €308 -€339 -52.4%
Profit (loss) for the period before taxes 9903 €4,627 €606 -€4,021 -86.9%
Income taxes 67/77 €2,080 €1,393 -€687 -33.0%
Profit (loss) for the period 9904 €2,546 -€787 -€3,334
Profit (loss) for the period to be appropriated 9905 €2,546 -€787 -€3,334

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 25 October 2026 via checked.be.