LOCKWOOD GROUP: 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.
LOCKWOOD GROUP
Largest movements
- Financial fixed assets -€694,213
down €694,213 (-98.3%), from €706,213 to €12,000
- Receivables after one year +€361,753
new in 2025: €361,753
- Receivables within one year -€128,042
down €128,042 (-35.2%), from €363,339 to €235,297
- Profit (loss) carried forward -€703,479
down €703,479, from €204,496 to -€498,983
- Debts after one year +€241,050
new in 2025: €241,050
- Financial charges +€700,585
new in 2025: €700,585
- Other operating charges +€454
up €454 (+78.0%), from €583 to €1,037
- Gross operating margin +€99
up €99 (+7.0%), from -€1,428 to -€1,329
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 | €1,076,229 | €614,195 | -€462,034 | -42.9% |
| Fixed assets | 21/28 | €709,643 | €14,901 | -€694,741 | -97.9% |
| Tangible fixed assets | 22/27 | €3,430 | €2,901 | -€528 | -15.4% |
| Other tangible fixed assets | 26 | €3,430 | €2,901 | -€528 | -15.4% |
| Financial fixed assets | 28 | €706,213 | €12,000 | -€694,213 | -98.3% |
| Current assets | 29/58 | €366,586 | €599,294 | +€232,708 | +63.5% |
| Amounts receivable after more than one year | 29 | - | €361,753 | +€361,753 | |
| Other amounts receivable | 291 | - | €361,753 | +€361,753 | |
| Amounts receivable within one year | 40/41 | €363,339 | €235,297 | -€128,042 | -35.2% |
| Other amounts receivable | 41 | €363,339 | €235,297 | -€128,042 | -35.2% |
| Cash at bank and in hand | 54/58 | €3,247 | €2,244 | -€1,003 | -30.9% |
| Total equity and liabilities | 10/49 | €1,076,229 | €614,195 | -€462,034 | -42.9% |
| Equity | 10/15 | €1,073,243 | €369,764 | -€703,479 | -65.5% |
| Contributions | 10/11 | €865,747 | €865,747 | = | 0.0% |
| Capital | 10 | €865,747 | €865,747 | = | 0.0% |
| Issued capital | 100 | €865,747 | €865,747 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Legal reserve | 130 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,496 | -€498,983 | -€703,479 | |
| Amounts payable | 17/49 | €2,986 | €244,431 | +€241,445 | +8,086% |
| Amounts payable after more than one year | 17 | - | €241,050 | +€241,050 | |
| Financial debts | 170/4 | - | €241,050 | +€241,050 | |
| Amounts payable within one year | 42/48 | €2,986 | €3,381 | +€395 | +13.2% |
| Trade debts | 44 | €2,986 | €3,381 | +€395 | +13.2% |
| Suppliers | 440/4 | €2,986 | €3,381 | +€395 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €528 | = | 0.0% |
| Other operating charges | 640/8 | €583 | €1,037 | +€454 | +78.0% |
| Gross operating margin | 9900 | -€1,428 | -€1,329 | +€99 | +7.0% |
| Operating profit (loss) | 9901 | -€2,539 | -€2,894 | -€355 | -14.0% |
| Financial charges | 65/66B | - | €700,585 | +€700,585 | |
| Recurring financial charges | 65 | - | €700,585 | +€700,585 | |
| Profit (loss) for the period before taxes | 9903 | -€2,539 | -€703,479 | -€700,940 | -27,609% |
| Profit (loss) for the period | 9904 | -€2,539 | -€703,479 | -€700,940 | -27,609% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,539 | -€703,479 | -€700,940 | -27,609% |
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 28 October 2026 via checked.be.