LOKAREA SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€578,118
down €578,118 (-72.1%), from €801,946 to €223,828
of which Trade receivables: -€409,257
- Cash +€19,171
up €19,171 (+16.8%), from €114,114 to €133,285
mainly Receivables within one year (+€578,118) and Other debts (+€423,228)
- Trade debts -€659,148
down €659,148 (-88.0%), from €748,639 to €89,492
- Other debts +€423,228
up €423,228 (+188.7%), from €224,300 to €647,528
- Profit (loss) carried forward -€308,947
down €308,947 (-2411.4%), from -€12,812 to -€321,759
- Tax, wage and social debts -€14,122
down €14,122 (-94.6%), from €14,923 to €801
- Purchases and services +€689,748
up €689,748 (+98.5%), from €700,189 to €1.4m
- Turnover +€496,665
up €496,665 (+85.7%), from €579,856 to €1.1m
- Gross operating margin -€290,360
down €290,360, from €39,139 to -€251,221
- Depreciation +€12,084
up €12,084 (+31.0%), from €38,985 to €51,069
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 | €1,036,550 | €485,574 | -€550,976 | -53.2% |
| Fixed assets | 21/28 | €116,933 | €124,039 | +€7,105 | +6.1% |
| Intangible fixed assets | 21 | €9,212 | €7,427 | -€1,786 | -19.4% |
| Tangible fixed assets | 22/27 | €107,721 | €116,612 | +€8,891 | +8.3% |
| Land and buildings | 22 | €21,725 | €41,157 | +€19,432 | +89.4% |
| Plant, machinery and equipment | 23 | €2,109 | €12,857 | +€10,748 | +509.7% |
| Furniture and vehicles | 24 | €83,887 | €45,234 | -€38,654 | -46.1% |
| Other tangible fixed assets | 26 | - | €17,365 | +€17,365 | |
| Current assets | 29/58 | €919,616 | €361,535 | -€558,081 | -60.7% |
| Amounts receivable within one year | 40/41 | €801,946 | €223,828 | -€578,118 | -72.1% |
| Trade receivables | 40 | €606,064 | €196,807 | -€409,257 | -67.5% |
| Other amounts receivable | 41 | €195,882 | €27,021 | -€168,861 | -86.2% |
| Cash at bank and in hand | 54/58 | €114,114 | €133,285 | +€19,171 | +16.8% |
| Deferred charges and accrued income | 490/1 | €3,557 | €4,423 | +€866 | +24.4% |
| Total equity and liabilities | 10/49 | €1,036,550 | €485,574 | -€550,976 | -53.2% |
| Equity | 10/15 | €48,688 | -€260,259 | -€308,947 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,812 | -€321,759 | -€308,947 | -2411.4% |
| Amounts payable | 17/49 | €987,862 | €745,833 | -€242,029 | -24.5% |
| Amounts payable within one year | 42/48 | €987,862 | €737,820 | -€250,042 | -25.3% |
| Trade debts | 44 | €748,639 | €89,492 | -€659,148 | -88.0% |
| Suppliers | 440/4 | €748,639 | €89,492 | -€659,148 | -88.0% |
| Taxes, remuneration and social security | 45 | €14,923 | €801 | -€14,122 | -94.6% |
| Taxes | 450/3 | €14,923 | €801 | -€14,122 | -94.6% |
| Other amounts payable | 47/48 | €224,300 | €647,528 | +€423,228 | +188.7% |
| Accrued charges and deferred income | 492/3 | - | €8,012 | +€8,012 | |
| Turnover | 70 | €579,856 | €1,076,521 | +€496,665 | +85.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €700,189 | €1,389,937 | +€689,748 | +98.5% |
| Remuneration, social security and pensions | 62 | €4,303 | €318 | -€3,985 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,985 | €51,069 | +€12,084 | +31.0% |
| Other operating charges | 640/8 | €4,674 | €4,147 | -€527 | -11.3% |
| Gross operating margin | 9900 | €39,139 | -€251,221 | -€290,360 | |
| Operating profit (loss) | 9901 | -€8,823 | -€306,755 | -€297,932 | -3376.7% |
| Financial income | 75/76B | €2,976 | €2,323 | -€652 | -21.9% |
| Recurring financial income | 75 | €2,976 | €2,323 | -€652 | -21.9% |
| Financial charges | 65/66B | €3,618 | €4,515 | +€897 | +24.8% |
| Recurring financial charges | 65 | €3,618 | €4,515 | +€897 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,466 | -€308,947 | -€299,481 | -3163.9% |
| Income taxes | 67/77 | €806 | €0 | -€806 | -100.0% |
| Profit (loss) for the period | 9904 | -€10,272 | -€308,947 | -€298,675 | -2907.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,272 | -€308,947 | -€298,675 | -2907.8% |
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 10 October 2026 via checked.be.