LKFD 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.
LKFD GROUP
Largest movements
- Stocks and contracts +€83,759
new in 2025: €83,759
- Receivables within one year +€32,814
up €32,814 (+183%), from €17,974 to €50,788
of which Trade receivables: +€32,270
- Cash +€4,274
new in 2025: €4,274
mainly Trade debts (+€70,594) and Other debts (+€43,597)
- Trade debts +€70,594
new in 2025: €70,594
- Other debts +€43,597
new in 2025: €43,597
- Tax, wage and social debts +€3,873
up €3,873 (+623%), from €622 to €4,495
- Profit (loss) carried forward +€2,779
new in 2025: €2,779
- Gross operating margin +€3,558
up €3,558 (+813%), from €438 to €3,996
- Taxes +€2,179
up €2,179 (+669%), from €326 to €2,505
- Financial income +€1,420
up €1,420 (+134%), from €1,057 to €2,477
- Financial charges +€1,189
up €1,189, from €0 to €1,189
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.
Derived cash bridge
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 | €17,974 | €138,822 | +€120,847 | +672% |
| Current assets | 29/58 | €17,974 | €138,822 | +€120,847 | +672% |
| Stocks and contracts in progress | 3 | - | €83,759 | +€83,759 | |
| Stocks | 30/36 | - | €83,759 | +€83,759 | |
| Amounts receivable within one year | 40/41 | €17,974 | €50,788 | +€32,814 | +183% |
| Trade receivables | 40 | - | €32,270 | +€32,270 | |
| Other amounts receivable | 41 | €17,974 | €18,518 | +€544 | +3.0% |
| Cash at bank and in hand | 54/58 | - | €4,274 | +€4,274 | |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €17,974 | €138,822 | +€120,847 | +672% |
| Equity | 10/15 | €17,352 | €20,131 | +€2,779 | +16.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €2,352 | €2,352 | = | 0.0% |
| Distributable reserves | 133 | €2,352 | €2,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,779 | +€2,779 | |
| Amounts payable | 17/49 | €622 | €118,690 | +€118,068 | +18,990% |
| Amounts payable within one year | 42/48 | €622 | €118,686 | +€118,064 | +18,990% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | - | €70,594 | +€70,594 | |
| Suppliers | 440/4 | - | €70,594 | +€70,594 | |
| Taxes, remuneration and social security | 45 | €622 | €4,495 | +€3,873 | +623% |
| Taxes | 450/3 | €622 | €4,495 | +€3,873 | +623% |
| Other amounts payable | 47/48 | - | €43,597 | +€43,597 | |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Gross operating margin | 9900 | €438 | €3,996 | +€3,558 | +813% |
| Operating profit (loss) | 9901 | €438 | €3,996 | +€3,558 | +813% |
| Financial income | 75/76B | €1,057 | €2,477 | +€1,420 | +134% |
| Recurring financial income | 75 | €1,057 | €2,477 | +€1,420 | +134% |
| Financial charges | 65/66B | €0 | €1,189 | +€1,189 | |
| Recurring financial charges | 65 | €0 | €1,189 | +€1,189 | |
| Profit (loss) for the period before taxes | 9903 | €1,495 | €5,284 | +€3,789 | +253% |
| Income taxes | 67/77 | €326 | €2,505 | +€2,179 | +669% |
| Profit (loss) for the period | 9904 | €1,169 | €2,779 | +€1,610 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €1,169 | €2,779 | +€1,610 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.