LKF: 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.
LKF
Largest movements
- Tangible fixed assets -€36,147
down €36,147 (-2.9%), from €1.2m to €1.2m
of which Land and buildings: -€36,147
- Other debts -€46,400
down €46,400 (-3.5%), from €1.3m to €1.3m
- Profit (loss) carried forward +€19,374
up €19,374 (+20.3%), from -€95,345 to -€75,971
- Depreciation +€20,197
up €20,197 (+126.6%), from €15,950 to €36,147
- Gross operating margin +€18,068
up €18,068 (+47.3%), from €38,238 to €56,306
- Other operating charges -€1,748
down €1,748 (-81.9%), from €2,135 to €387
- Financial income -€818
down €818 (-94.8%), from €864 to €45
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 | €1,251,323 | €1,214,675 | -€36,648 | -2.9% |
| Fixed assets | 21/28 | €1,230,369 | €1,194,221 | -€36,147 | -2.9% |
| Tangible fixed assets | 22/27 | €1,230,369 | €1,194,221 | -€36,147 | -2.9% |
| Land and buildings | 22 | €1,230,369 | €1,194,221 | -€36,147 | -2.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €20,954 | €20,454 | -€501 | -2.4% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €20,954 | €9,100 | -€11,855 | -56.6% |
| Deferred charges and accrued income | 490/1 | - | €1,354 | +€1,354 | |
| Total equity and liabilities | 10/49 | €1,251,323 | €1,214,675 | -€36,648 | -2.9% |
| Equity | 10/15 | -€89,145 | -€69,771 | +€19,374 | +21.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,345 | -€75,971 | +€19,374 | +20.3% |
| Amounts payable | 17/49 | €1,340,468 | €1,284,446 | -€56,022 | -4.2% |
| Amounts payable within one year | 42/48 | €1,337,045 | €1,282,720 | -€54,324 | -4.1% |
| Trade debts | 44 | €8,429 | €504 | -€7,924 | -94.0% |
| Suppliers | 440/4 | €8,429 | €504 | -€7,924 | -94.0% |
| Other amounts payable | 47/48 | €1,328,616 | €1,282,216 | -€46,400 | -3.5% |
| Accrued charges and deferred income | 492/3 | €3,423 | €1,726 | -€1,698 | -49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,950 | €36,147 | +€20,197 | +126.6% |
| Other operating charges | 640/8 | €2,135 | €387 | -€1,748 | -81.9% |
| Non-recurring operating charges | 66A | €2 | - | -€2 | |
| Gross operating margin | 9900 | €38,238 | €56,306 | +€18,068 | +47.3% |
| Operating profit (loss) | 9901 | €20,150 | €19,771 | -€379 | -1.9% |
| Financial income | 75/76B | €864 | €45 | -€818 | -94.8% |
| Recurring financial income | 75 | €864 | €45 | -€818 | -94.8% |
| Financial charges | 65/66B | €228 | €442 | +€215 | +94.2% |
| Recurring financial charges | 65 | €228 | €442 | +€215 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | €20,786 | €19,374 | -€1,412 | -6.8% |
| Profit (loss) for the period | 9904 | €20,786 | €19,374 | -€1,412 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,786 | €19,374 | -€1,412 | -6.8% |
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 12 October 2026 via checked.be.