LKCF: 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.
LKCF
Largest movements
- Tangible fixed assets -€10,332
down €10,332 (-3.9%), from €267,642 to €257,310
- Cash -€4,294
down €4,294 (-97.6%), from €4,399 to €105
mainly Debts after one year (-€20,303)
- Debts after one year -€20,303
down €20,303 (-13.3%), from €152,212 to €131,909
- Profit (loss) carried forward +€3,076
up €3,076 (+13.9%), from €22,133 to €25,209
- Gross operating margin -€5,150
down €5,150 (-18.9%), from €27,250 to €22,100
- Taxes -€2,838
down €2,838, from €2,424 to -€414
- Other operating charges +€1,669
up €1,669 (+55.5%), from €3,009 to €4,677
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.
Cash bridge derived
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 | €272,040 | €257,415 | -€14,625 | -5.4% |
| Fixed assets | 21/28 | €267,642 | €257,310 | -€10,332 | -3.9% |
| Tangible fixed assets | 22/27 | €267,642 | €257,310 | -€10,332 | -3.9% |
| Land and buildings | 22 | €267,642 | €257,310 | -€10,332 | -3.9% |
| Current assets | 29/58 | €4,399 | €105 | -€4,294 | -97.6% |
| Cash at bank and in hand | 54/58 | €4,399 | €105 | -€4,294 | -97.6% |
| Total equity and liabilities | 10/49 | €272,040 | €257,415 | -€14,625 | -5.4% |
| Equity | 10/15 | €42,133 | €45,209 | +€3,076 | +7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,133 | €25,209 | +€3,076 | +13.9% |
| Amounts payable | 17/49 | €229,907 | €212,206 | -€17,701 | -7.7% |
| Amounts payable after more than one year | 17 | €152,212 | €131,909 | -€20,303 | -13.3% |
| Financial debts | 170/4 | €152,212 | €131,909 | -€20,303 | -13.3% |
| Amounts payable within one year | 42/48 | €74,458 | €76,435 | +€1,977 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €19,963 | €20,281 | +€318 | +1.6% |
| Financial debts | 43 | €7 | €7 | = | 0.0% |
| Credit institutions | 430/8 | €7 | €7 | = | 0.0% |
| Trade debts | 44 | €17,632 | €17,704 | +€73 | +0.4% |
| Suppliers | 440/4 | €17,632 | €17,704 | +€73 | +0.4% |
| Taxes, remuneration and social security | 45 | €4,290 | €4,376 | +€86 | +2.0% |
| Taxes | 450/3 | €4,290 | €4,376 | +€86 | +2.0% |
| Other amounts payable | 47/48 | €32,567 | €34,067 | +€1,500 | +4.6% |
| Accrued charges and deferred income | 492/3 | €3,237 | €3,862 | +€625 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €10,332 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,009 | €4,677 | +€1,669 | +55.5% |
| Gross operating margin | 9900 | €27,250 | €22,100 | -€5,150 | -18.9% |
| Operating profit (loss) | 9901 | €13,909 | €7,091 | -€6,819 | -49.0% |
| Financial charges | 65/66B | €4,214 | €4,429 | +€215 | +5.1% |
| Recurring financial charges | 65 | €4,214 | €4,429 | +€215 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €9,696 | €2,662 | -€7,034 | -72.5% |
| Income taxes | 67/77 | €2,424 | -€414 | -€2,838 | |
| Profit (loss) for the period | 9904 | €7,272 | €3,076 | -€4,196 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,272 | €3,076 | -€4,196 | -57.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.