LOKAHI: 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.
LOKAHI
Largest movements
- Cash -€15,591
down €15,591 (-35.8%), from €43,527 to €27,937
mainly Net result for the year (-€20,236) and Debts after one year (-€8,558)
- Tangible fixed assets -€11,064
down €11,064 (-22.1%), from €50,139 to €39,074
- Receivables within one year -€9,234
down €9,234 (-92.5%), from €9,983 to €748
of which Trade receivables: -€9,412
- Reserves -€20,236
down €20,236 (-53.9%), from €37,528 to €17,293
- Debts after one year -€8,558
down €8,558 (-26.3%), from €32,509 to €23,951
- Tax, wage and social debts -€4,957
down €4,957 (-28.0%), from €17,684 to €12,727
of which Taxes: -€4,990
- Trade debts -€3,012
down €3,012 (-64.0%), from €4,710 to €1,698
- Gross operating margin -€60,212
down €60,212, from €53,738 to -€6,474
- Taxes -€9,551
down €9,551 (-98.4%), from €9,703 to €152
- Depreciation +€5,881
up €5,881 (+113.5%), from €5,184 to €11,064
- Financial charges +€1,266
up €1,266 (+126.6%), from €1,000 to €2,265
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 | €103,649 | €67,759 | -€35,890 | -34.6% |
| Fixed assets | 21/28 | €50,139 | €39,074 | -€11,064 | -22.1% |
| Tangible fixed assets | 22/27 | €50,139 | €39,074 | -€11,064 | -22.1% |
| Furniture and vehicles | 24 | €50,139 | €39,074 | -€11,064 | -22.1% |
| Current assets | 29/58 | €53,510 | €28,685 | -€24,825 | -46.4% |
| Amounts receivable within one year | 40/41 | €9,983 | €748 | -€9,234 | -92.5% |
| Trade receivables | 40 | €9,983 | €571 | -€9,412 | -94.3% |
| Other amounts receivable | 41 | - | €178 | +€178 | |
| Cash at bank and in hand | 54/58 | €43,527 | €27,937 | -€15,591 | -35.8% |
| Total equity and liabilities | 10/49 | €103,649 | €67,759 | -€35,890 | -34.6% |
| Equity | 10/15 | €40,528 | €20,293 | -€20,236 | -49.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,528 | €17,293 | -€20,236 | -53.9% |
| Distributable reserves | 133 | €37,528 | €17,293 | -€20,236 | -53.9% |
| Amounts payable | 17/49 | €63,120 | €47,466 | -€15,654 | -24.8% |
| Amounts payable after more than one year | 17 | €32,509 | €23,951 | -€8,558 | -26.3% |
| Financial debts | 170/4 | €32,509 | €23,951 | -€8,558 | -26.3% |
| Amounts payable within one year | 42/48 | €30,611 | €23,515 | -€7,096 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €8,186 | €8,558 | +€372 | +4.5% |
| Trade debts | 44 | €4,710 | €1,698 | -€3,012 | -64.0% |
| Suppliers | 440/4 | €4,710 | €1,698 | -€3,012 | -64.0% |
| Advances received on contracts in progress | 46 | - | €532 | +€532 | |
| Taxes, remuneration and social security | 45 | €17,684 | €12,727 | -€4,957 | -28.0% |
| Taxes | 450/3 | €14,845 | €9,855 | -€4,990 | -33.6% |
| Remuneration and social security | 454/9 | €2,839 | €2,872 | +€34 | +1.2% |
| Other amounts payable | 47/48 | €32 | - | -€32 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,184 | €11,064 | +€5,881 | +113.5% |
| Other operating charges | 640/8 | €323 | €280 | -€44 | -13.6% |
| Gross operating margin | 9900 | €53,738 | -€6,474 | -€60,212 | |
| Operating profit (loss) | 9901 | €48,231 | -€17,818 | -€66,049 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,000 | €2,265 | +€1,266 | +126.6% |
| Recurring financial charges | 65 | €1,000 | €2,265 | +€1,266 | +126.6% |
| Profit (loss) for the period before taxes | 9903 | €47,231 | -€20,084 | -€67,315 | |
| Income taxes | 67/77 | €9,703 | €152 | -€9,551 | -98.4% |
| Profit (loss) for the period | 9904 | €37,528 | -€20,236 | -€57,764 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,528 | -€20,236 | -€57,764 |
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 6 October 2026 via checked.be.