LKS TRADE: what changed
What changed
LKS TRADE
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
filed annual accounts (NBB)
Net result for the year
€194,810
2025 · €148,524+€46,285
Equity
€511,610
2025 · €473,057+€38,553
Cash
€181,981
2025 · €79,256+€102,725
Balance sheet total
€878,809
2025 · €739,816+€138,993
Largest movements
Assets
- Cash +€102,725
up €102,725 (+130%), from €79,256 to €181,981
mainly Net result for the year (+€194,810) and Other debts (+€61,444)
- Receivables after one year +€50,000
up €50,000 (+28.6%), from €175,000 to €225,000
- Tangible fixed assets -€8,882
down €8,882 (-60.8%), from €14,609 to €5,728
of which Furniture and vehicles: -€7,517
Equity and liabilities
- Other debts +€61,444
up €61,444 (+59.7%), from €102,890 to €164,334
- Short-term financial debts +€51,755
up €51,755 (+309%), from €16,744 to €68,499
- Reserves +€38,553
up €38,553 (+9.2%), from €420,037 to €458,590
of which Distributable reserves: +€38,553
- Debts after one year -€10,751
down €10,751 (-18.7%), from €57,564 to €46,813
Income statement
- Gross operating margin -€25,053
down €25,053 (-6.1%), from €407,863 to €382,810
- Taxes +€20,206
up €20,206 (+29.5%), from €68,594 to €88,800
- Staff costs -€11,433
down €11,433 (-10.9%), from €105,145 to €93,711
- Financial income +€10,125
up €10,125 (+640,829%), from €2 to €10,127
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€148,524
Gross operating margin
-€25,053
Staff costs
+€11,433
Depreciation
+€633
Other operating charges
+€1,068
Other operating items
+€65,073
Financial income
+€10,125
Financial charges
+€3,212
Taxes
-€20,206
Result 2026
€194,810
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€221,187
Investment
-€1,272
Financing
-€117,190
Cash 2025
€79,256
From operations (derived)
+€221,187
Net result for the year
+€194,810
Depreciation
+€10,153
Receivables after one year
-€50,000
Receivables within one year
+€5,484
Deferred charges and accrued income
-€634
Trade debts
+€3,717
Tax, wage and social debts
-€2,760
Other debts
+€61,444
Accrued charges and deferred income
-€1,027
Investment (derived)
-€1,272
Investment in fixed assets (net)
-€1,272
Financing
-€117,190
Debts after one year
-€10,751
Current portion of long-term debt
-€1,937
Short-term financial debts
+€51,755
Contributions, distributions and other
-€156,257
Cash 2026
€181,981
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €739,816 | €878,809 | +€138,993 | +18.8% |
| Fixed assets | 21/28 | €117,652 | €108,770 | -€8,882 | -7.5% |
| Tangible fixed assets | 22/27 | €14,609 | €5,728 | -€8,882 | -60.8% |
| Plant, machinery and equipment | 23 | €4,402 | €3,038 | -€1,364 | -31.0% |
| Furniture and vehicles | 24 | €10,207 | €2,690 | -€7,517 | -73.6% |
| Financial fixed assets | 28 | €103,042 | €103,042 | = | 0.0% |
| Current assets | 29/58 | €622,165 | €770,039 | +€147,875 | +23.8% |
| Amounts receivable after more than one year | 29 | €175,000 | €225,000 | +€50,000 | +28.6% |
| Other amounts receivable | 291 | €175,000 | €225,000 | +€50,000 | +28.6% |
| Amounts receivable within one year | 40/41 | €366,532 | €361,048 | -€5,484 | -1.5% |
| Trade receivables | 40 | €365,910 | €360,917 | -€4,993 | -1.4% |
| Other amounts receivable | 41 | €623 | €131 | -€492 | -79.0% |
| Cash at bank and in hand | 54/58 | €79,256 | €181,981 | +€102,725 | +130% |
| Deferred charges and accrued income | 490/1 | €1,377 | €2,011 | +€634 | +46.1% |
| Total equity and liabilities | 10/49 | €739,816 | €878,809 | +€138,993 | +18.8% |
| Equity | 10/15 | €473,057 | €511,610 | +€38,553 | +8.1% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €420,037 | €458,590 | +€38,553 | +9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €418,177 | €456,730 | +€38,553 | +9.2% |
| Profit (loss) carried forward | 14 | €43,820 | €43,820 | = | 0.0% |
| Amounts payable | 17/49 | €266,759 | €367,199 | +€100,440 | +37.7% |
| Amounts payable after more than one year | 17 | €57,564 | €46,813 | -€10,751 | -18.7% |
| Financial debts | 170/4 | €57,564 | €46,813 | -€10,751 | -18.7% |
| Amounts payable within one year | 42/48 | €206,652 | €318,870 | +€112,218 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | €12,688 | €10,751 | -€1,937 | -15.3% |
| Financial debts | 43 | €16,744 | €68,499 | +€51,755 | +309% |
| Credit institutions | 430/8 | €16,744 | €68,499 | +€51,755 | +309% |
| Trade debts | 44 | €30,518 | €34,235 | +€3,717 | +12.2% |
| Suppliers | 440/4 | €30,518 | €34,235 | +€3,717 | +12.2% |
| Taxes, remuneration and social security | 45 | €43,811 | €41,051 | -€2,760 | -6.3% |
| Taxes | 450/3 | €33,280 | €23,792 | -€9,487 | -28.5% |
| Remuneration and social security | 454/9 | €10,531 | €17,258 | +€6,727 | +63.9% |
| Other amounts payable | 47/48 | €102,890 | €164,334 | +€61,444 | +59.7% |
| Accrued charges and deferred income | 492/3 | €2,543 | €1,516 | -€1,027 | -40.4% |
| Remuneration, social security and pensions | 62 | €105,145 | €93,711 | -€11,433 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,786 | €10,153 | -€633 | -5.9% |
| Other operating charges | 640/8 | €2,002 | €934 | -€1,068 | -53.3% |
| Non-recurring operating charges | 66A | €65,073 | €0 | -€65,073 | -100% |
| Gross operating margin | 9900 | €407,863 | €382,810 | -€25,053 | -6.1% |
| Operating profit (loss) | 9901 | €224,858 | €278,012 | +€53,154 | +23.6% |
| Financial income | 75/76B | €2 | €10,127 | +€10,125 | +640,829% |
| Recurring financial income | 75 | €2 | €10,127 | +€10,125 | +640,829% |
| Financial charges | 65/66B | €7,741 | €4,529 | -€3,212 | -41.5% |
| Recurring financial charges | 65 | €7,741 | €4,529 | -€3,212 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €217,118 | €283,609 | +€66,491 | +30.6% |
| Income taxes | 67/77 | €68,594 | €88,800 | +€20,206 | +29.5% |
| Profit (loss) for the period | 9904 | €148,524 | €194,810 | +€46,285 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €148,524 | €194,810 | +€46,285 | +31.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.