LOKAMA: 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.
LOKAMA
Largest movements
- Cash +€229,577
up €229,577 (+116.2%), from €197,620 to €427,197
mainly Receivables within one year (+€127,377) and Net result for the year (+€120,650)
- Receivables within one year -€127,377
down €127,377 (-85.1%), from €149,738 to €22,361
- Reserves +€110,690
up €110,690 (+47.5%), from €232,806 to €343,496
- Tax, wage and social debts -€17,917
down €17,917 (-24.6%), from €72,738 to €54,821
- Other debts +€9,231
up €9,231 (+17.1%), from €54,027 to €63,258
- Financial income -€10,938
down €10,938 (-100.0%), from €10,938 to €0
- Gross operating margin +€4,163
up €4,163 (+2.5%), from €166,538 to €170,702
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.
Cash bridge derived
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 | €372,401 | €474,391 | +€101,989 | +27.4% |
| Fixed assets | 21/28 | €25,044 | €24,833 | -€211 | -0.8% |
| Tangible fixed assets | 22/27 | €984 | €773 | -€211 | -21.5% |
| Plant, machinery and equipment | 23 | €984 | €773 | -€211 | -21.5% |
| Financial fixed assets | 28 | €24,060 | €24,060 | = | 0.0% |
| Current assets | 29/58 | €347,357 | €449,558 | +€102,200 | +29.4% |
| Amounts receivable within one year | 40/41 | €149,738 | €22,361 | -€127,377 | -85.1% |
| Trade receivables | 40 | €149,738 | €22,361 | -€127,377 | -85.1% |
| Cash at bank and in hand | 54/58 | €197,620 | €427,197 | +€229,577 | +116.2% |
| Total equity and liabilities | 10/49 | €372,401 | €474,391 | +€101,989 | +27.4% |
| Equity | 10/15 | €245,206 | €355,896 | +€110,690 | +45.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €232,806 | €343,496 | +€110,690 | +47.5% |
| Distributable reserves | 133 | €232,806 | €343,496 | +€110,690 | +47.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €127,195 | €118,495 | -€8,701 | -6.8% |
| Amounts payable within one year | 42/48 | €127,195 | €118,495 | -€8,701 | -6.8% |
| Trade debts | 44 | €431 | €416 | -€15 | -3.4% |
| Suppliers | 440/4 | €431 | €416 | -€15 | -3.4% |
| Taxes, remuneration and social security | 45 | €72,738 | €54,821 | -€17,917 | -24.6% |
| Taxes | 450/3 | €72,738 | €54,821 | -€17,917 | -24.6% |
| Other amounts payable | 47/48 | €54,027 | €63,258 | +€9,231 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72 | €211 | +€139 | +192.8% |
| Other operating charges | 640/8 | €921 | €144 | -€777 | -84.3% |
| Gross operating margin | 9900 | €166,538 | €170,702 | +€4,163 | +2.5% |
| Operating profit (loss) | 9901 | €165,545 | €170,346 | +€4,801 | +2.9% |
| Financial income | 75/76B | €10,938 | €0 | -€10,938 | -100.0% |
| Recurring financial income | 75 | €10,938 | €0 | -€10,938 | -100.0% |
| Financial charges | 65/66B | €48 | €59 | +€12 | +24.1% |
| Recurring financial charges | 65 | €48 | €59 | +€12 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €176,435 | €170,287 | -€6,148 | -3.5% |
| Income taxes | 67/77 | €50,426 | €49,637 | -€789 | -1.6% |
| Profit (loss) for the period | 9904 | €126,009 | €120,650 | -€5,359 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,009 | €120,650 | -€5,359 | -4.3% |
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 11 October 2026 via checked.be.