LKE Construct: 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.
LKE Construct
Largest movements
- Receivables within one year +€38,912
up €38,912 (+414.8%), from €9,381 to €48,293
of which Trade receivables: +€31,508
- Cash -€16,373
down €16,373 (-56.8%), from €28,821 to €12,448
mainly Receivables within one year (-€38,912) and Tax, wage and social debts (-€5,204)
- Tangible fixed assets -€7,516
down €7,516 (-36.2%), from €20,750 to €13,234
of which Furniture and vehicles: -€7,029
- Profit (loss) carried forward +€18,415
up €18,415 (+48.7%), from €37,837 to €56,252
- Tax, wage and social debts -€5,204
no longer reported in 2025 (was €5,204)
of which Remuneration and social security: -€3,098
- Trade debts +€3,612
up €3,612 (+530.5%), from €681 to €4,292
- Other debts -€1,799
down €1,799 (-19.5%), from €9,229 to €7,430
- Gross operating margin +€30,381
up €30,381 (+52.3%), from €58,130 to €88,511
- Staff costs +€27,007
up €27,007 (+83.1%), from €32,516 to €59,524
- Other operating charges +€1,274
up €1,274 (+306.2%), from €416 to €1,691
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 | €58,951 | €73,974 | +€15,023 | +25.5% |
| Fixed assets | 21/28 | €20,750 | €13,234 | -€7,516 | -36.2% |
| Tangible fixed assets | 22/27 | €20,750 | €13,234 | -€7,516 | -36.2% |
| Plant, machinery and equipment | 23 | €5,547 | €5,060 | -€487 | -8.8% |
| Furniture and vehicles | 24 | €15,203 | €8,174 | -€7,029 | -46.2% |
| Current assets | 29/58 | €38,201 | €60,740 | +€22,539 | +59.0% |
| Amounts receivable within one year | 40/41 | €9,381 | €48,293 | +€38,912 | +414.8% |
| Trade receivables | 40 | €5,574 | €37,082 | +€31,508 | +565.3% |
| Other amounts receivable | 41 | €3,807 | €11,210 | +€7,403 | +194.5% |
| Cash at bank and in hand | 54/58 | €28,821 | €12,448 | -€16,373 | -56.8% |
| Total equity and liabilities | 10/49 | €58,951 | €73,974 | +€15,023 | +25.5% |
| Equity | 10/15 | €43,837 | €62,252 | +€18,415 | +42.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,837 | €56,252 | +€18,415 | +48.7% |
| Amounts payable | 17/49 | €15,114 | €11,722 | -€3,392 | -22.4% |
| Amounts payable within one year | 42/48 | €15,114 | €11,722 | -€3,392 | -22.4% |
| Trade debts | 44 | €681 | €4,292 | +€3,612 | +530.5% |
| Suppliers | 440/4 | €681 | €4,292 | +€3,612 | +530.5% |
| Taxes, remuneration and social security | 45 | €5,204 | - | -€5,204 | |
| Taxes | 450/3 | €2,107 | - | -€2,107 | |
| Remuneration and social security | 454/9 | €3,098 | - | -€3,098 | |
| Other amounts payable | 47/48 | €9,229 | €7,430 | -€1,799 | -19.5% |
| Remuneration, social security and pensions | 62 | €32,516 | €59,524 | +€27,007 | +83.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,900 | €8,743 | -€157 | -1.8% |
| Other operating charges | 640/8 | €416 | €1,691 | +€1,274 | +306.2% |
| Gross operating margin | 9900 | €58,130 | €88,511 | +€30,381 | +52.3% |
| Operating profit (loss) | 9901 | €16,297 | €18,554 | +€2,257 | +13.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €140 | €140 | +€0 | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €16,157 | €18,415 | +€2,258 | +14.0% |
| Profit (loss) for the period | 9904 | €16,157 | €18,415 | +€2,258 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,157 | €18,415 | +€2,258 | +14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.