LKJ-TRANS: what changed
LKJ-TRANS
Largest movements
- Receivables within one year +€23,156
up €23,156 (+44.3%), from €52,289 to €75,445
of which Other amounts receivable: +€23,595
- Tangible fixed assets -€12,075
down €12,075 (-18.4%), from €65,651 to €53,576
of which Furniture and vehicles: -€10,027
- Cash +€11,582
up €11,582 (+14.6%), from €79,563 to €91,144
mainly Other debts (+€48,773) and Net result for the year (+€39,503)
- Deferred charges and accrued income +€4,286
up €4,286 (+404%), from €1,061 to €5,347
- Other debts +€48,773
new in 2025: €48,773
- Current portion of long-term debt -€21,458
down €21,458 (-86.8%), from €24,724 to €3,266
- Reserves -€9,270
down €9,270 (-7.2%), from €129,046 to €119,776
of which Distributable reserves: -€9,270
- Tax, wage and social debts +€7,443
up €7,443 (+289%), from €2,579 to €10,022
of which Taxes: +€7,561
- Trade debts +€3,867
up €3,867 (+28.8%), from €13,418 to €17,285
- Gross operating margin +€31,145
up €31,145 (+31.5%), from €98,812 to €129,957
- Taxes +€15,119
up €15,119 (+7,694%), from €196 to €15,315
- Staff costs -€15,007
down €15,007 (-20.9%), from €71,717 to €56,711
- Depreciation -€11,617
down €11,617 (-39.4%), from €29,454 to €17,837
- Financial income +€1,726
up €1,726 (+1,137%), from €152 to €1,878
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 | €209,913 | €236,862 | +€26,949 | +12.8% |
| Fixed assets | 21/28 | €77,001 | €64,926 | -€12,075 | -15.7% |
| Tangible fixed assets | 22/27 | €65,651 | €53,576 | -€12,075 | -18.4% |
| Land and buildings | 22 | €8,650 | €6,602 | -€2,048 | -23.7% |
| Furniture and vehicles | 24 | €57,000 | €46,974 | -€10,027 | -17.6% |
| Financial fixed assets | 28 | €11,350 | €11,350 | = | 0.0% |
| Current assets | 29/58 | €132,912 | €171,936 | +€39,024 | +29.4% |
| Amounts receivable within one year | 40/41 | €52,289 | €75,445 | +€23,156 | +44.3% |
| Trade receivables | 40 | €20,670 | €20,232 | -€438 | -2.1% |
| Other amounts receivable | 41 | €31,618 | €55,213 | +€23,595 | +74.6% |
| Cash at bank and in hand | 54/58 | €79,563 | €91,144 | +€11,582 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,061 | €5,347 | +€4,286 | +404% |
| Total equity and liabilities | 10/49 | €209,913 | €236,862 | +€26,949 | +12.8% |
| Equity | 10/15 | €165,926 | €156,656 | -€9,270 | -5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,046 | €119,776 | -€9,270 | -7.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €119,686 | €110,416 | -€9,270 | -7.7% |
| Profit (loss) carried forward | 14 | €18,281 | €18,281 | = | 0.0% |
| Amounts payable | 17/49 | €43,986 | €80,206 | +€36,219 | +82.3% |
| Amounts payable after more than one year | 17 | €3,266 | - | -€3,266 | |
| Financial debts | 170/4 | €3,266 | - | -€3,266 | |
| Amounts payable within one year | 42/48 | €40,720 | €79,345 | +€38,625 | +94.9% |
| Current portion of amounts payable after more than one year | 42 | €24,724 | €3,266 | -€21,458 | -86.8% |
| Trade debts | 44 | €13,418 | €17,285 | +€3,867 | +28.8% |
| Suppliers | 440/4 | €13,418 | €17,285 | +€3,867 | +28.8% |
| Taxes, remuneration and social security | 45 | €2,579 | €10,022 | +€7,443 | +289% |
| Taxes | 450/3 | €376 | €7,937 | +€7,561 | +2,013% |
| Remuneration and social security | 454/9 | €2,203 | €2,085 | -€118 | -5.4% |
| Other amounts payable | 47/48 | - | €48,773 | +€48,773 | |
| Accrued charges and deferred income | 492/3 | - | €861 | +€861 | |
| Non-recurring operating income | 76A | €16,134 | - | -€16,134 | |
| Remuneration, social security and pensions | 62 | €71,717 | €56,711 | -€15,007 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,454 | €17,837 | -€11,617 | -39.4% |
| Other operating charges | 640/8 | €1,928 | €2,019 | +€91 | +4.7% |
| Non-recurring operating charges | 66A | €2,511 | - | -€2,511 | |
| Gross operating margin | 9900 | €98,812 | €129,957 | +€31,145 | +31.5% |
| Operating profit (loss) | 9901 | -€6,799 | €53,390 | +€60,189 | |
| Financial income | 75/76B | €152 | €1,878 | +€1,726 | +1,137% |
| Recurring financial income | 75 | €152 | €1,878 | +€1,726 | +1,137% |
| Financial charges | 65/66B | €1,658 | €451 | -€1,207 | -72.8% |
| Recurring financial charges | 65 | €1,658 | €451 | -€1,207 | -72.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,305 | €54,818 | +€63,123 | |
| Income taxes | 67/77 | €196 | €15,315 | +€15,119 | +7,694% |
| Profit (loss) for the period | 9904 | -€8,501 | €39,503 | +€48,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,501 | €39,503 | +€48,004 |
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 7 November 2026 via checked.be.