Loheky: 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.
Loheky
Largest movements
- Stocks and contracts -€333,365
down €333,365 (-37.1%), from €899,695 to €566,330
- Current investments +€150,000
new in 2026: €150,000
- Tangible fixed assets +€114,793
up €114,793 (+5.1%), from €2.2m to €2.4m
of which Land and buildings: +€233,508
- Receivables within one year +€83,727
up €83,727 (+119%), from €70,070 to €153,797
of which Other amounts receivable: +€50,552
- Reserves +€415,046
up €415,046 (+125%), from €331,080 to €746,126
- Trade debts -€319,225
down €319,225 (-65.8%), from €485,139 to €165,915
- Debts after one year -€39,324
down €39,324 (-10.5%), from €373,500 to €334,177
- Gross operating margin +€506,096
up €506,096 (+128%), from €395,255 to €901,351
- Taxes +€158,932
up €158,932 (+828%), from €19,204 to €178,136
- Other operating charges +€55,486
up €55,486 (+1,777%), from €3,122 to €58,609
- Depreciation +€47,802
up €47,802 (+51.3%), from €93,206 to €141,008
- Staff costs +€15,394
up €15,394 (+16.5%), from €93,414 to €108,807
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,234,612 | €3,261,222 | +€26,609 | +0.8% |
| Fixed assets | 21/28 | €2,251,728 | €2,365,512 | +€113,784 | +5.1% |
| Intangible fixed assets | 21 | €5,591 | €4,582 | -€1,009 | -18.0% |
| Tangible fixed assets | 22/27 | €2,246,138 | €2,360,930 | +€114,793 | +5.1% |
| Land and buildings | 22 | €1,937,482 | €2,170,990 | +€233,508 | +12.1% |
| Plant, machinery and equipment | 23 | €36,381 | €106,445 | +€70,064 | +193% |
| Furniture and vehicles | 24 | €112,274 | €83,494 | -€28,780 | -25.6% |
| Other tangible fixed assets | 26 | €160,000 | €0 | -€160,000 | -100% |
| Current assets | 29/58 | €982,884 | €895,709 | -€87,174 | -8.9% |
| Stocks and contracts in progress | 3 | €899,695 | €566,330 | -€333,365 | -37.1% |
| Stocks | 30/36 | €899,695 | €566,330 | -€333,365 | -37.1% |
| Amounts receivable within one year | 40/41 | €70,070 | €153,797 | +€83,727 | +119% |
| Trade receivables | 40 | €65,572 | €98,747 | +€33,175 | +50.6% |
| Other amounts receivable | 41 | €4,498 | €55,050 | +€50,552 | +1,124% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €6,263 | €19,155 | +€12,892 | +206% |
| Deferred charges and accrued income | 490/1 | €6,856 | €6,427 | -€429 | -6.3% |
| Total equity and liabilities | 10/49 | €3,234,612 | €3,261,222 | +€26,609 | +0.8% |
| Equity | 10/15 | €351,080 | €766,126 | +€415,046 | +118% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €331,080 | €746,126 | +€415,046 | +125% |
| Distributable reserves | 133 | €331,080 | €746,126 | +€415,046 | +125% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,883,532 | €2,495,095 | -€388,437 | -13.5% |
| Amounts payable after more than one year | 17 | €373,500 | €334,177 | -€39,324 | -10.5% |
| Financial debts | 170/4 | €373,500 | €334,177 | -€39,324 | -10.5% |
| Amounts payable within one year | 42/48 | €2,505,032 | €2,153,007 | -€352,025 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €38,980 | €39,324 | +€344 | +0.9% |
| Trade debts | 44 | €485,139 | €165,915 | -€319,225 | -65.8% |
| Suppliers | 440/4 | €485,139 | €165,915 | -€319,225 | -65.8% |
| Taxes, remuneration and social security | 45 | €29,373 | €25,394 | -€3,979 | -13.5% |
| Taxes | 450/3 | €24,235 | €6,042 | -€18,192 | -75.1% |
| Remuneration and social security | 454/9 | €5,138 | €19,352 | +€14,214 | +277% |
| Other amounts payable | 47/48 | €1,951,540 | €1,922,374 | -€29,166 | -1.5% |
| Accrued charges and deferred income | 492/3 | €5,000 | €7,912 | +€2,912 | +58.2% |
| Remuneration, social security and pensions | 62 | €93,414 | €108,807 | +€15,394 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,206 | €141,008 | +€47,802 | +51.3% |
| Other operating charges | 640/8 | €3,122 | €58,609 | +€55,486 | +1,777% |
| Gross operating margin | 9900 | €395,255 | €901,351 | +€506,096 | +128% |
| Operating profit (loss) | 9901 | €205,513 | €592,928 | +€387,415 | +189% |
| Financial income | 75/76B | €441 | €4,184 | +€3,743 | +849% |
| Recurring financial income | 75 | €441 | €4,184 | +€3,743 | +849% |
| Financial charges | 65/66B | €10,158 | €3,929 | -€6,228 | -61.3% |
| Recurring financial charges | 65 | €10,158 | €3,929 | -€6,228 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €195,796 | €593,182 | +€397,386 | +203% |
| Income taxes | 67/77 | €19,204 | €178,136 | +€158,932 | +828% |
| Profit (loss) for the period | 9904 | €176,592 | €415,046 | +€238,454 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €176,592 | €415,046 | +€238,454 | +135% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.