LKD. Group: 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.
LKD. Group
Largest movements
- Tangible fixed assets -€44,611
down €44,611 (-9.8%), from €453,186 to €408,574
of which Land and buildings: -€45,937
- Deferred charges and accrued income -€18,264
down €18,264 (-85.3%), from €21,420 to €3,156
- Cash -€16,394
down €16,394 (-92.5%), from €17,717 to €1,323
mainly Debts after one year (-€53,613) and Other debts (-€21,464)
- Debts after one year -€53,613
down €53,613 (-19.3%), from €277,979 to €224,366
of which Trade debts: -€277,979
- Other debts -€21,464
down €21,464 (-18.7%), from €114,673 to €93,209
- Current portion of long-term debt -€6,086
down €6,086 (-12.5%), from €48,760 to €42,675
- Tax, wage and social debts -€5,349
down €5,349 (-81.2%), from €6,586 to €1,237
- Gross operating margin -€10,013
down €10,013 (-11.8%), from €84,780 to €74,767
- Other operating charges +€9,095
up €9,095 (+666.5%), from €1,365 to €10,459
- Taxes -€5,349
down €5,349 (-81.2%), from €6,586 to €1,237
- Financial charges +€1,157
up €1,157 (+11.0%), from €10,479 to €11,635
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 | €511,780 | €432,916 | -€78,865 | -15.4% |
| Fixed assets | 21/28 | €453,581 | €408,574 | -€45,006 | -9.9% |
| Tangible fixed assets | 22/27 | €453,186 | €408,574 | -€44,611 | -9.8% |
| Land and buildings | 22 | €445,218 | €399,281 | -€45,937 | -10.3% |
| Plant, machinery and equipment | 23 | €7,967 | €9,293 | +€1,326 | +16.6% |
| Financial fixed assets | 28 | €395 | €0 | -€395 | -100.0% |
| Current assets | 29/58 | €58,200 | €24,341 | -€33,859 | -58.2% |
| Amounts receivable within one year | 40/41 | €19,063 | €19,863 | +€800 | +4.2% |
| Other amounts receivable | 41 | €19,063 | €19,863 | +€800 | +4.2% |
| Cash at bank and in hand | 54/58 | €17,717 | €1,323 | -€16,394 | -92.5% |
| Deferred charges and accrued income | 490/1 | €21,420 | €3,156 | -€18,264 | -85.3% |
| Total equity and liabilities | 10/49 | €511,780 | €432,916 | -€78,865 | -15.4% |
| Equity | 10/15 | €58,388 | €58,707 | +€319 | +0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €4,646 | €4,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,646 | €4,646 | = | 0.0% |
| Legal reserve | 130 | €4,646 | €4,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,258 | -€7,939 | +€319 | +3.9% |
| Amounts payable | 17/49 | €453,392 | €374,208 | -€79,184 | -17.5% |
| Amounts payable after more than one year | 17 | €277,979 | €224,366 | -€53,613 | -19.3% |
| Financial debts | 170/4 | - | €224,366 | +€224,366 | |
| Trade debts | 175 | €277,979 | - | -€277,979 | |
| Amounts payable within one year | 42/48 | €175,413 | €147,259 | -€28,154 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €48,760 | €42,675 | -€6,086 | -12.5% |
| Trade debts | 44 | €5,394 | €10,138 | +€4,745 | +88.0% |
| Suppliers | 440/4 | €5,394 | €10,138 | +€4,745 | +88.0% |
| Taxes, remuneration and social security | 45 | €6,586 | €1,237 | -€5,349 | -81.2% |
| Taxes | 450/3 | €6,586 | €1,237 | -€5,349 | -81.2% |
| Other amounts payable | 47/48 | €114,673 | €93,209 | -€21,464 | -18.7% |
| Accrued charges and deferred income | 492/3 | - | €2,584 | +€2,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,557 | €51,116 | +€560 | +1.1% |
| Other operating charges | 640/8 | €1,365 | €10,459 | +€9,095 | +666.5% |
| Non-recurring operating charges | 66A | €991 | €0 | -€991 | -100.0% |
| Gross operating margin | 9900 | €84,780 | €74,767 | -€10,013 | -11.8% |
| Operating profit (loss) | 9901 | €31,868 | €13,191 | -€18,676 | -58.6% |
| Financial charges | 65/66B | €10,479 | €11,635 | +€1,157 | +11.0% |
| Recurring financial charges | 65 | €10,479 | €11,635 | +€1,157 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €21,389 | €1,556 | -€19,833 | -92.7% |
| Income taxes | 67/77 | €6,586 | €1,237 | -€5,349 | -81.2% |
| Profit (loss) for the period | 9904 | €14,803 | €319 | -€14,484 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,803 | €319 | -€14,484 | -97.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.