LKLS: what changed
Two fiscal 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.
LKLS
Largest movements
- Receivables after one year -€465,173
no longer reported in 2024 (was €465,173)
- Receivables within one year +€362,785
up €362,785 (+333.0%), from €108,950 to €471,736
of which Other amounts receivable: +€380,625
- Deferred charges and accrued income -€72,738
down €72,738 (-97.2%), from €74,821 to €2,083
- Tangible fixed assets -€68,287
down €68,287 (-1.2%), from €5.6m to €5.5m
- Reserves +€141,249
up €141,249 (+17.6%), from €803,068 to €944,317
of which Distributable reserves: +€143,109
- Trade debts -€132,113
down €132,113 (-67.3%), from €196,273 to €64,160
- Debts after one year -€128,920
down €128,920 (-21.0%), from €614,575 to €485,655
- Taxes +€25,802
up €25,802 (+159.2%), from €16,206 to €42,008
- Other operating charges +€14,564
up €14,564 (+84.6%), from €17,209 to €31,773
- Financial charges -€11,640
down €11,640 (-35.4%), from €32,921 to €21,281
- Financial income +€4,308
up €4,308 (+25.5%), from €16,925 to €21,233
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,224,577 | €5,978,880 | -€245,697 | -3.9% |
| Fixed assets | 21/28 | €5,563,319 | €5,495,032 | -€68,287 | -1.2% |
| Tangible fixed assets | 22/27 | €5,563,126 | €5,494,839 | -€68,287 | -1.2% |
| Land and buildings | 22 | €5,563,126 | €5,494,839 | -€68,287 | -1.2% |
| Financial fixed assets | 28 | €193 | €193 | = | 0.0% |
| Current assets | 29/58 | €661,259 | €483,848 | -€177,410 | -26.8% |
| Amounts receivable after more than one year | 29 | €465,173 | - | -€465,173 | |
| Other amounts receivable | 291 | €465,173 | - | -€465,173 | |
| Amounts receivable within one year | 40/41 | €108,950 | €471,736 | +€362,785 | +333.0% |
| Trade receivables | 40 | €17,840 | - | -€17,840 | |
| Other amounts receivable | 41 | €91,110 | €471,736 | +€380,625 | +417.8% |
| Cash at bank and in hand | 54/58 | €12,314 | €10,029 | -€2,285 | -18.6% |
| Deferred charges and accrued income | 490/1 | €74,821 | €2,083 | -€72,738 | -97.2% |
| Total equity and liabilities | 10/49 | €6,224,577 | €5,978,880 | -€245,697 | -3.9% |
| Equity | 10/15 | €5,114,931 | €5,214,965 | +€100,034 | +2.0% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Revaluation surpluses | 12 | €4,188,918 | €4,188,918 | = | 0.0% |
| Reserves | 13 | €803,068 | €944,317 | +€141,249 | +17.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €13,635 | €13,635 | = | 0.0% |
| Distributable reserves | 133 | €787,573 | €930,682 | +€143,109 | +18.2% |
| Profit (loss) carried forward | 14 | €104,345 | €61,270 | -€43,075 | -41.3% |
| Provisions and deferred taxes | 16 | €7,021 | €7,021 | = | 0.0% |
| Deferred taxes | 168 | €7,021 | €7,021 | = | 0.0% |
| Amounts payable | 17/49 | €1,102,626 | €756,894 | -€345,731 | -31.4% |
| Amounts payable after more than one year | 17 | €614,575 | €485,655 | -€128,920 | -21.0% |
| Financial debts | 170/4 | €614,575 | €485,655 | -€128,920 | -21.0% |
| Amounts payable within one year | 42/48 | €488,050 | €271,240 | -€216,811 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €204,741 | €170,911 | -€33,830 | -16.5% |
| Trade debts | 44 | €196,273 | €64,160 | -€132,113 | -67.3% |
| Suppliers | 440/4 | €196,273 | €64,160 | -€132,113 | -67.3% |
| Taxes, remuneration and social security | 45 | €85,095 | €32,285 | -€52,810 | -62.1% |
| Taxes | 450/3 | €82,095 | €32,285 | -€49,810 | -60.7% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €1,942 | €3,884 | +€1,942 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,287 | €68,287 | -€0 | 0.0% |
| Other operating charges | 640/8 | €17,209 | €31,773 | +€14,564 | +84.6% |
| Non-recurring operating charges | 66A | €7,628 | €132,212 | +€124,584 | +1633.3% |
| Gross operating margin | 9900 | €229,670 | €231,252 | +€1,582 | +0.7% |
| Operating profit (loss) | 9901 | €136,547 | -€1,019 | -€137,567 | |
| Financial income | 75/76B | €16,925 | €21,233 | +€4,308 | +25.5% |
| Recurring financial income | 75 | €16,925 | €21,233 | +€4,308 | +25.5% |
| Financial charges | 65/66B | €32,921 | €21,281 | -€11,640 | -35.4% |
| Recurring financial charges | 65 | €32,921 | €21,281 | -€11,640 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €120,551 | -€1,067 | -€121,618 | |
| Income taxes | 67/77 | €16,206 | €42,008 | +€25,802 | +159.2% |
| Profit (loss) for the period | 9904 | €104,345 | -€43,075 | -€147,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,345 | -€43,075 | -€147,420 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.