LK TRADING: 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 TRADING
Largest movements
- Tangible fixed assets +€19,998
up €19,998 (+554%), from €3,613 to €23,610
- Stocks and contracts +€11,320
up €11,320 (+18.4%), from €61,415 to €72,735
- Cash +€1,082
up €1,082 (+670%), from €161 to €1,243
mainly Net result for the year (+€42,321) and Tax, wage and social debts (+€9,720)
- Profit (loss) carried forward +€42,321
up €42,321 (+1,536%), from €2,755 to €45,076
- Trade debts -€16,637
down €16,637 (-49.3%), from €33,732 to €17,095
- Tax, wage and social debts +€9,720
up €9,720 (+168%), from €5,798 to €15,519
of which Remuneration and social security: +€8,293
- Other debts -€3,005
down €3,005 (-13.7%), from €21,904 to €18,899
- Turnover +€147,761
up €147,761 (+35.3%), from €418,330 to €566,091
- Purchases and services +€92,089
up €92,089 (+22.9%), from €402,997 to €495,086
- Gross operating margin +€58,672
up €58,672 (+383%), from €15,333 to €74,005
- Staff costs +€18,379
up €18,379 (+186%), from €9,855 to €28,234
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,189 | €97,589 | +€32,400 | +49.7% |
| Fixed assets | 21/28 | €3,613 | €23,610 | +€19,998 | +554% |
| Tangible fixed assets | 22/27 | €3,613 | €23,610 | +€19,998 | +554% |
| Furniture and vehicles | 24 | €3,613 | €23,610 | +€19,998 | +554% |
| Current assets | 29/58 | €61,576 | €73,978 | +€12,402 | +20.1% |
| Stocks and contracts in progress | 3 | €61,415 | €72,735 | +€11,320 | +18.4% |
| Stocks | 30/36 | €61,415 | €72,735 | +€11,320 | +18.4% |
| Cash at bank and in hand | 54/58 | €161 | €1,243 | +€1,082 | +670% |
| Total equity and liabilities | 10/49 | €65,189 | €97,589 | +€32,400 | +49.7% |
| Equity | 10/15 | €3,755 | €46,076 | +€42,321 | +1,127% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,755 | €45,076 | +€42,321 | +1,536% |
| Amounts payable | 17/49 | €61,434 | €51,513 | -€9,922 | -16.1% |
| Amounts payable within one year | 42/48 | €61,434 | €51,513 | -€9,922 | -16.1% |
| Trade debts | 44 | €33,732 | €17,095 | -€16,637 | -49.3% |
| Suppliers | 440/4 | €33,732 | €17,095 | -€16,637 | -49.3% |
| Taxes, remuneration and social security | 45 | €5,798 | €15,519 | +€9,720 | +168% |
| Taxes | 450/3 | €1,334 | €2,761 | +€1,427 | +107% |
| Remuneration and social security | 454/9 | €4,464 | €12,758 | +€8,293 | +186% |
| Other amounts payable | 47/48 | €21,904 | €18,899 | -€3,005 | -13.7% |
| Turnover | 70 | €418,330 | €566,091 | +€147,761 | +35.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €402,997 | €495,086 | +€92,089 | +22.9% |
| Remuneration, social security and pensions | 62 | €9,855 | €28,234 | +€18,379 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €638 | €3,166 | +€2,529 | +397% |
| Other operating charges | 640/8 | €2,075 | €136 | -€1,939 | -93.4% |
| Gross operating margin | 9900 | €15,333 | €74,005 | +€58,672 | +383% |
| Operating profit (loss) | 9901 | €2,766 | €42,468 | +€39,703 | +1,436% |
| Financial charges | 65/66B | €11 | €147 | +€136 | +1,240% |
| Recurring financial charges | 65 | €11 | €147 | +€136 | +1,240% |
| Profit (loss) for the period before taxes | 9903 | €2,755 | €42,321 | +€39,567 | +1,436% |
| Profit (loss) for the period | 9904 | €2,755 | €42,321 | +€39,567 | +1,436% |
| Profit (loss) for the period to be appropriated | 9905 | €2,755 | €42,321 | +€39,567 | +1,436% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.