LK PROJECT: 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 PROJECT
Largest movements
- Cash -€1,126
down €1,126 (-13.5%), from €8,328 to €7,202
mainly Net result for the year (-€872) and Receivables within one year (-€254)
- Receivables within one year +€254
new in 2023: €254
- Profit (loss) carried forward -€872
down €872 (-49.1%), from -€1,774 to -€2,646
- Gross operating margin -€872
new in 2023: -€872
- Financial charges -€154
no longer reported in 2023 (was €154)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,328 | €7,456 | -€872 | -10.5% |
| Current assets | 29/58 | €8,328 | €7,456 | -€872 | -10.5% |
| Amounts receivable within one year | 40/41 | - | €254 | +€254 | |
| Other amounts receivable | 41 | - | €254 | +€254 | |
| Cash at bank and in hand | 54/58 | €8,328 | €7,202 | -€1,126 | -13.5% |
| Total equity and liabilities | 10/49 | €8,328 | €7,456 | -€872 | -10.5% |
| Equity | 10/15 | €8,226 | €7,354 | -€872 | -10.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,774 | -€2,646 | -€872 | -49.1% |
| Amounts payable | 17/49 | €103 | €103 | = | 0.0% |
| Amounts payable within one year | 42/48 | €103 | €103 | = | 0.0% |
| Financial debts | 43 | €103 | €103 | = | 0.0% |
| Credit institutions | 430/8 | €103 | €103 | = | 0.0% |
| Gross operating margin | 9900 | - | -€872 | -€872 | |
| Operating profit (loss) | 9901 | - | -€872 | -€872 | |
| Financial charges | 65/66B | €154 | - | -€154 | |
| Recurring financial charges | 65 | €154 | - | -€154 | |
| Profit (loss) for the period before taxes | 9903 | -€154 | -€872 | -€718 | -466.7% |
| Profit (loss) for the period | 9904 | -€154 | -€872 | -€718 | -466.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€154 | -€872 | -€718 | -466.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.