LKI FINANCE: what changed
LKI FINANCE
Largest movements
- Receivables within one year +€16,362
up €16,362 (+59.2%), from €27,648 to €44,010
of which Other amounts receivable: +€8,239
- Cash +€6,212
up €6,212 (+44.4%), from €13,983 to €20,195
mainly Net result for the year (+€18,011) and Tax, wage and social debts (+€6,237)
- Profit (loss) carried forward +€18,011
up €18,011 (+20.6%), from €87,361 to €105,372
- Tax, wage and social debts +€6,237
up €6,237 (+44.9%), from €13,901 to €20,138
- Current portion of long-term debt -€1,933
down €1,933 (-57.1%), from €3,385 to €1,453
- Gross operating margin -€9,662
down €9,662 (-26.2%), from €36,937 to €27,275
- Taxes -€2,900
down €2,900 (-25.1%), from €11,553 to €8,653
- Depreciation -€1,180
down €1,180 (-38.3%), from €3,084 to €1,904
- Other operating charges +€489
up €489 (+79.4%), from €615 to €1,104
- Financial income +€402
up €402 (+16.6%), from €2,419 to €2,821
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,253 | €129,045 | +€21,792 | +20.3% |
| Fixed assets | 21/28 | €3,274 | €2,491 | -€783 | -23.9% |
| Tangible fixed assets | 22/27 | €3,274 | €2,491 | -€783 | -23.9% |
| Furniture and vehicles | 24 | €3,274 | €2,491 | -€783 | -23.9% |
| Current assets | 29/58 | €103,979 | €126,554 | +€22,575 | +21.7% |
| Amounts receivable after more than one year | 29 | €62,349 | €62,349 | = | 0.0% |
| Other amounts receivable | 291 | €62,349 | €62,349 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,648 | €44,010 | +€16,362 | +59.2% |
| Trade receivables | 40 | €6,570 | €14,693 | +€8,124 | +124% |
| Other amounts receivable | 41 | €21,078 | €29,317 | +€8,239 | +39.1% |
| Cash at bank and in hand | 54/58 | €13,983 | €20,195 | +€6,212 | +44.4% |
| Total equity and liabilities | 10/49 | €107,253 | €129,045 | +€21,792 | +20.3% |
| Equity | 10/15 | €88,861 | €106,872 | +€18,011 | +20.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,361 | €105,372 | +€18,011 | +20.6% |
| Amounts payable | 17/49 | €18,392 | €22,173 | +€3,781 | +20.6% |
| Amounts payable after more than one year | 17 | €858 | - | -€858 | |
| Financial debts | 170/4 | €858 | - | -€858 | |
| Amounts payable within one year | 42/48 | €17,535 | €22,173 | +€4,639 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €3,385 | €1,453 | -€1,933 | -57.1% |
| Trade debts | 44 | €248 | €582 | +€334 | +135% |
| Suppliers | 440/4 | €248 | €582 | +€334 | +135% |
| Taxes, remuneration and social security | 45 | €13,901 | €20,138 | +€6,237 | +44.9% |
| Taxes | 450/3 | €13,901 | €20,138 | +€6,237 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,084 | €1,904 | -€1,180 | -38.3% |
| Other operating charges | 640/8 | €615 | €1,104 | +€489 | +79.4% |
| Gross operating margin | 9900 | €36,937 | €27,275 | -€9,662 | -26.2% |
| Operating profit (loss) | 9901 | €33,238 | €24,267 | -€8,971 | -27.0% |
| Financial income | 75/76B | €2,419 | €2,821 | +€402 | +16.6% |
| Recurring financial income | 75 | €2,419 | €2,821 | +€402 | +16.6% |
| Financial charges | 65/66B | €282 | €425 | +€142 | +50.3% |
| Recurring financial charges | 65 | €282 | €425 | +€142 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €35,375 | €26,664 | -€8,711 | -24.6% |
| Income taxes | 67/77 | €11,553 | €8,653 | -€2,900 | -25.1% |
| Profit (loss) for the period | 9904 | €23,822 | €18,011 | -€5,811 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,822 | €18,011 | -€5,811 | -24.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.