LOKAREA LEUVEN: 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.
LOKAREA LEUVEN
Largest movements
- Stocks and contracts -€364,519
no longer reported in 2025 (was €364,519)
- Receivables within one year -€159,748
down €159,748 (-93.5%), from €170,921 to €11,173
of which Other amounts receivable: -€139,623
- Cash -€53,491
down €53,491 (-83.5%), from €64,098 to €10,606
mainly Debts after one year (-€357,204) and Other debts (-€161,514)
- Financial fixed assets +€45,473
new in 2025: €45,473
- Tangible fixed assets -€15,907
down €15,907 (-3.0%), from €535,070 to €519,163
of which Land and buildings: -€14,029
- Debts after one year -€357,204
no longer reported in 2025 (was €357,204)
- Other debts -€161,514
no longer reported in 2025 (was €161,514)
- Trade debts -€113,270
down €113,270 (-74.3%), from €152,367 to €39,097
- Reserves +€34,598
up €34,598 (+5,272%), from €656 to €35,255
- Accrued charges and deferred income +€21,433
new in 2025: €21,433
- Turnover +€526,491
new in 2025: €526,491
- Purchases and services -€211,477
down €211,477 (-33.4%), from €632,545 to €421,069
- Financial charges -€35,233
down €35,233 (-78.2%), from €45,083 to €9,850
- Gross operating margin +€32,404
up €32,404 (+27.0%), from €120,070 to €152,474
- Other operating charges -€20,617
down €20,617 (-25.5%), from €80,804 to €60,187
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 | €1,134,870 | €586,415 | -€548,455 | -48.3% |
| Fixed assets | 21/28 | €535,070 | €564,636 | +€29,566 | +5.5% |
| Tangible fixed assets | 22/27 | €535,070 | €519,163 | -€15,907 | -3.0% |
| Land and buildings | 22 | €521,346 | €507,317 | -€14,029 | -2.7% |
| Other tangible fixed assets | 26 | €13,724 | €11,846 | -€1,878 | -13.7% |
| Financial fixed assets | 28 | - | €45,473 | +€45,473 | |
| Current assets | 29/58 | €599,800 | €21,779 | -€578,021 | -96.4% |
| Stocks and contracts in progress | 3 | €364,519 | - | -€364,519 | |
| Stocks | 30/36 | €364,519 | - | -€364,519 | |
| Amounts receivable within one year | 40/41 | €170,921 | €11,173 | -€159,748 | -93.5% |
| Trade receivables | 40 | €28,645 | €8,519 | -€20,126 | -70.3% |
| Other amounts receivable | 41 | €142,276 | €2,653 | -€139,623 | -98.1% |
| Cash at bank and in hand | 54/58 | €64,098 | €10,606 | -€53,491 | -83.5% |
| Deferred charges and accrued income | 490/1 | €263 | - | -€263 | |
| Total equity and liabilities | 10/49 | €1,134,870 | €586,415 | -€548,455 | -48.3% |
| Equity | 10/15 | €459,132 | €494,929 | +€35,797 | +7.8% |
| Contributions | 10/11 | €452,546 | €452,546 | = | 0.0% |
| Capital | 10 | €452,546 | €452,546 | = | 0.0% |
| Issued capital | 100 | €452,546 | €452,546 | = | 0.0% |
| Reserves | 13 | €656 | €35,255 | +€34,598 | +5,272% |
| Non-distributable reserves | 130/1 | €656 | €35,255 | +€34,598 | +5,272% |
| Legal reserve | 130 | €656 | €35,255 | +€34,598 | +5,272% |
| Profit (loss) carried forward | 14 | €5,930 | €7,129 | +€1,199 | +20.2% |
| Provisions and deferred taxes | 16 | - | €20,000 | +€20,000 | |
| Provisions for liabilities and charges | 160/5 | - | €20,000 | +€20,000 | |
| Other liabilities and charges | 164/5 | - | €20,000 | +€20,000 | |
| Amounts payable | 17/49 | €675,738 | €71,486 | -€604,252 | -89.4% |
| Amounts payable after more than one year | 17 | €357,204 | - | -€357,204 | |
| Financial debts | 170/4 | €357,204 | - | -€357,204 | |
| Amounts payable within one year | 42/48 | €318,534 | €50,053 | -€268,481 | -84.3% |
| Trade debts | 44 | €152,367 | €39,097 | -€113,270 | -74.3% |
| Suppliers | 440/4 | €152,367 | €39,097 | -€113,270 | -74.3% |
| Taxes, remuneration and social security | 45 | €4,653 | €10,957 | +€6,303 | +135% |
| Taxes | 450/3 | €4,653 | €10,957 | +€6,303 | +135% |
| Other amounts payable | 47/48 | €161,514 | - | -€161,514 | |
| Accrued charges and deferred income | 492/3 | - | €21,433 | +€21,433 | |
| Turnover | 70 | - | €526,491 | +€526,491 | |
| Goods, raw materials, services and sundry goods | 60/61 | €632,545 | €421,069 | -€211,477 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,329 | €15,907 | +€579 | +3.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €80,804 | €60,187 | -€20,617 | -25.5% |
| Gross operating margin | 9900 | €120,070 | €152,474 | +€32,404 | +27.0% |
| Operating profit (loss) | 9901 | €23,937 | €56,379 | +€32,442 | +136% |
| Financial income | 75/76B | €14,606 | €1 | -€14,605 | -100.0% |
| Recurring financial income | 75 | €14,606 | €1 | -€14,605 | -100.0% |
| Financial charges | 65/66B | €45,083 | €9,850 | -€35,233 | -78.2% |
| Recurring financial charges | 65 | €45,083 | €9,850 | -€35,233 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,540 | €46,531 | +€53,071 | |
| Income taxes | 67/77 | - | €10,734 | +€10,734 | |
| Profit (loss) for the period | 9904 | -€6,540 | €35,797 | +€42,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,540 | €35,797 | +€42,337 |
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 31 October 2026 via checked.be.