LOIKAN: 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.
LOIKAN
Largest movements
- Tangible fixed assets +€27,920
up €27,920 (+24.4%), from €114,482 to €142,401
of which Land and buildings: +€29,402
- Cash -€16,394
down €16,394 (-96.4%), from €17,007 to €613
mainly Investment in fixed assets (net) (-€39,887) and Net result for the year (-€14,044)
- Receivables within one year -€1,856
no longer reported in 2025 (was €1,856)
- Other debts +€24,024
up €24,024 (+132%), from €18,255 to €42,280
- Profit (loss) carried forward -€14,044
down €14,044 (-46.2%), from -€30,399 to -€44,443
- Depreciation +€1,000
up €1,000 (+9.1%), from €10,967 to €11,967
- Financial income +€234
up €234 (+360%), from €65 to €299
- Gross operating margin -€187
down €187 (-5.0%), from €3,761 to €3,574
- Financial charges -€117
down €117 (-3.8%), from €3,079 to €2,963
- Other operating charges +€89
up €89 (+3.1%), from €2,899 to €2,988
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 | €133,344 | €143,014 | +€9,670 | +7.3% |
| Fixed assets | 21/28 | €114,482 | €142,401 | +€27,920 | +24.4% |
| Tangible fixed assets | 22/27 | €114,482 | €142,401 | +€27,920 | +24.4% |
| Land and buildings | 22 | €97,866 | €127,268 | +€29,402 | +30.0% |
| Plant, machinery and equipment | 23 | €16,134 | €14,042 | -€2,092 | -13.0% |
| Furniture and vehicles | 24 | €482 | €1,091 | +€610 | +127% |
| Current assets | 29/58 | €18,863 | €613 | -€18,250 | -96.8% |
| Amounts receivable within one year | 40/41 | €1,856 | - | -€1,856 | |
| Trade receivables | 40 | €1,856 | - | -€1,856 | |
| Cash at bank and in hand | 54/58 | €17,007 | €613 | -€16,394 | -96.4% |
| Total equity and liabilities | 10/49 | €133,344 | €143,014 | +€9,670 | +7.3% |
| Equity | 10/15 | €11,059 | -€2,985 | -€14,044 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €22,908 | €22,908 | = | 0.0% |
| Distributable reserves | 133 | €22,908 | €22,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,399 | -€44,443 | -€14,044 | -46.2% |
| Amounts payable | 17/49 | €122,285 | €146,000 | +€23,714 | +19.4% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,285 | €46,000 | +€23,714 | +106% |
| Trade debts | 44 | €2,544 | €2,234 | -€310 | -12.2% |
| Suppliers | 440/4 | €2,544 | €2,234 | -€310 | -12.2% |
| Taxes, remuneration and social security | 45 | €1,486 | €1,486 | = | 0.0% |
| Taxes | 450/3 | €1,486 | €1,486 | = | 0.0% |
| Other amounts payable | 47/48 | €18,255 | €42,280 | +€24,024 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,967 | €11,967 | +€1,000 | +9.1% |
| Other operating charges | 640/8 | €2,899 | €2,988 | +€89 | +3.1% |
| Gross operating margin | 9900 | €3,761 | €3,574 | -€187 | -5.0% |
| Operating profit (loss) | 9901 | -€10,105 | -€11,380 | -€1,276 | -12.6% |
| Financial income | 75/76B | €65 | €299 | +€234 | +360% |
| Recurring financial income | 75 | €65 | €299 | +€234 | +360% |
| Financial charges | 65/66B | €3,079 | €2,963 | -€117 | -3.8% |
| Recurring financial charges | 65 | €3,079 | €2,963 | -€117 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,119 | -€14,044 | -€925 | -7.1% |
| Profit (loss) for the period | 9904 | -€13,119 | -€14,044 | -€925 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,119 | -€14,044 | -€925 | -7.1% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.