LKLAW: 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.
LKLAW
Largest movements
- Receivables after one year +€21,300
up €21,300 (+21.5%), from €98,979 to €120,279
- Receivables within one year +€13,367
new in 2025: €13,367
- Cash -€11,257
no longer reported in 2025 (was €11,257)
mainly Receivables after one year (-€21,300) and Receivables within one year (-€13,367)
- Deferred charges and accrued income -€9,318
down €9,318 (-90.3%), from €10,318 to €1,000
- Intangible fixed assets -€5,231
down €5,231 (-81.7%), from €6,405 to €1,173
- Profit (loss) carried forward +€4,989
up €4,989 (+5.9%), from €84,780 to €89,769
- Other debts +€3,347
up €3,347 (+499%), from €671 to €4,018
- Short-term financial debts +€2,461
new in 2025: €2,461
- Tax, wage and social debts -€1,950
down €1,950 (-12.2%), from €15,974 to €14,024
- Gross operating margin -€25,410
down €25,410 (-75.7%), from €33,565 to €8,155
- Taxes -€5,640
down €5,640 (-83.2%), from €6,777 to €1,138
- Financial charges -€1,361
down €1,361 (-75.3%), from €1,808 to €447
of which Non-recurring financial charges: -€940
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 | €126,959 | €135,819 | +€8,861 | +7.0% |
| Fixed assets | 21/28 | €6,405 | €1,173 | -€5,231 | -81.7% |
| Intangible fixed assets | 21 | €6,405 | €1,173 | -€5,231 | -81.7% |
| Current assets | 29/58 | €120,554 | €134,646 | +€14,092 | +11.7% |
| Amounts receivable after more than one year | 29 | €98,979 | €120,279 | +€21,300 | +21.5% |
| Other amounts receivable | 291 | €98,979 | €120,279 | +€21,300 | +21.5% |
| Amounts receivable within one year | 40/41 | - | €13,367 | +€13,367 | |
| Other amounts receivable | 41 | - | €13,367 | +€13,367 | |
| Cash at bank and in hand | 54/58 | €11,257 | - | -€11,257 | |
| Deferred charges and accrued income | 490/1 | €10,318 | €1,000 | -€9,318 | -90.3% |
| Total equity and liabilities | 10/49 | €126,959 | €135,819 | +€8,861 | +7.0% |
| Equity | 10/15 | €99,490 | €104,479 | +€4,989 | +5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,310 | €2,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,310 | €2,310 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,310 | €2,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,780 | €89,769 | +€4,989 | +5.9% |
| Amounts payable | 17/49 | €27,469 | €31,340 | +€3,872 | +14.1% |
| Amounts payable within one year | 42/48 | €27,469 | €31,340 | +€3,872 | +14.1% |
| Financial debts | 43 | - | €2,461 | +€2,461 | |
| Credit institutions | 430/8 | - | €2,461 | +€2,461 | |
| Trade debts | 44 | €10,823 | €10,836 | +€13 | +0.1% |
| Suppliers | 440/4 | €10,823 | €10,836 | +€13 | +0.1% |
| Taxes, remuneration and social security | 45 | €15,974 | €14,024 | -€1,950 | -12.2% |
| Taxes | 450/3 | €15,974 | €14,024 | -€1,950 | -12.2% |
| Other amounts payable | 47/48 | €671 | €4,018 | +€3,347 | +499% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,231 | €5,231 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €33,565 | €8,155 | -€25,410 | -75.7% |
| Operating profit (loss) | 9901 | €27,946 | €2,524 | -€25,422 | -91.0% |
| Financial income | 75/76B | €3,947 | €4,049 | +€102 | +2.6% |
| Recurring financial income | 75 | €3,947 | €4,049 | +€102 | +2.6% |
| Financial charges | 65/66B | €1,808 | €447 | -€1,361 | -75.3% |
| Recurring financial charges | 65 | €868 | €447 | -€421 | -48.5% |
| Non-recurring financial charges | 66B | €940 | - | -€940 | |
| Profit (loss) for the period before taxes | 9903 | €30,086 | €6,127 | -€23,959 | -79.6% |
| Income taxes | 67/77 | €6,777 | €1,138 | -€5,640 | -83.2% |
| Profit (loss) for the period | 9904 | €23,308 | €4,989 | -€18,320 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,308 | €4,989 | -€18,320 | -78.6% |
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 16 October 2026 via checked.be.