LOKAREA WAVRE: 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 WAVRE
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+3,451%), from €30,535 to €1.1m
of which Other amounts receivable: +€1.1m
- Stocks and contracts -€1.0m
down €1.0m (-100.0%), from €1.0m to €334
- Tangible fixed assets +€579,348
new in 2025: €579,348
of which Plant, machinery and equipment: +€335,035
- Financial fixed assets +€321,596
new in 2025: €321,596
- Cash +€287,059
up €287,059 (+16,884%), from €1,700 to €288,760
mainly Stocks and contracts (+€1.0m) and Advances received (+€850,000)
- Advances received +€850,000
new in 2025: €850,000
- Trade debts +€340,181
up €340,181 (+2,853%), from €11,923 to €352,105
- Debts after one year -€260,000
no longer reported in 2025 (was €260,000)
- Profit (loss) carried forward +€214,468
up €214,468, from -€112,754 to €101,714
- Other debts -€115,284
down €115,284 (-13.3%), from €865,284 to €750,000
- Turnover +€2.7m
new in 2025: €2.7m
- Gross operating margin +€1.4m
up €1.4m, from -€55,200 to €1.4m
- Purchases and services +€1.4m
up €1.4m (+2,459%), from €55,200 to €1.4m
- Financial charges +€749,574
up €749,574 (+11,091%), from €6,759 to €756,333
- Other operating charges +€246,241
up €246,241 (+512%), from €48,050 to €294,291
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 | €1,044,914 | €2,274,376 | +€1.2m | +118% |
| Fixed assets | 21/28 | - | €900,944 | +€900,944 | |
| Tangible fixed assets | 22/27 | - | €579,348 | +€579,348 | |
| Land and buildings | 22 | - | €40,890 | +€40,890 | |
| Plant, machinery and equipment | 23 | - | €335,035 | +€335,035 | |
| Furniture and vehicles | 24 | - | €802 | +€802 | |
| Other tangible fixed assets | 26 | - | €202,621 | +€202,621 | |
| Financial fixed assets | 28 | - | €321,596 | +€321,596 | |
| Current assets | 29/58 | €1,044,914 | €1,373,432 | +€328,519 | +31.4% |
| Stocks and contracts in progress | 3 | €1,012,679 | €334 | -€1.0m | -100.0% |
| Stocks | 30/36 | €1,012,679 | €334 | -€1.0m | -100.0% |
| Amounts receivable within one year | 40/41 | €30,535 | €1,084,338 | +€1.1m | +3,451% |
| Trade receivables | 40 | - | €1,014 | +€1,014 | |
| Other amounts receivable | 41 | €30,535 | €1,083,324 | +€1.1m | +3,448% |
| Cash at bank and in hand | 54/58 | €1,700 | €288,760 | +€287,059 | +16,884% |
| Total equity and liabilities | 10/49 | €1,044,914 | €2,274,376 | +€1.2m | +118% |
| Equity | 10/15 | -€92,294 | €122,174 | +€214,468 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,754 | €101,714 | +€214,468 | |
| Provisions and deferred taxes | 16 | - | €50,000 | +€50,000 | |
| Provisions for liabilities and charges | 160/5 | - | €50,000 | +€50,000 | |
| Major repairs and maintenance | 162 | - | €50,000 | +€50,000 | |
| Amounts payable | 17/49 | €1,137,207 | €2,102,202 | +€964,994 | +84.9% |
| Amounts payable after more than one year | 17 | €260,000 | - | -€260,000 | |
| Financial debts | 170/4 | €260,000 | - | -€260,000 | |
| Amounts payable within one year | 42/48 | €877,207 | €1,992,225 | +€1.1m | +127% |
| Trade debts | 44 | €11,923 | €352,105 | +€340,181 | +2,853% |
| Suppliers | 440/4 | €11,923 | €352,105 | +€340,181 | +2,853% |
| Advances received on contracts in progress | 46 | - | €850,000 | +€850,000 | |
| Taxes, remuneration and social security | 45 | - | €40,120 | +€40,120 | |
| Taxes | 450/3 | - | €40,120 | +€40,120 | |
| Other amounts payable | 47/48 | €865,284 | €750,000 | -€115,284 | -13.3% |
| Accrued charges and deferred income | 492/3 | - | €109,977 | +€109,977 | |
| Turnover | 70 | - | €2,739,610 | +€2.7m | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,200 | €1,412,521 | +€1.4m | +2,459% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,750 | +€16,750 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €50,000 | +€50,000 | |
| Other operating charges | 640/8 | €48,050 | €294,291 | +€246,241 | +512% |
| Gross operating margin | 9900 | -€55,200 | €1,376,817 | +€1.4m | |
| Operating profit (loss) | 9901 | -€103,250 | €1,015,776 | +€1.1m | |
| Financial income | 75/76B | €825 | €135 | -€690 | -83.7% |
| Recurring financial income | 75 | €825 | €135 | -€690 | -83.7% |
| Financial charges | 65/66B | €6,759 | €756,333 | +€749,574 | +11,091% |
| Recurring financial charges | 65 | €6,759 | €756,333 | +€749,574 | +11,091% |
| Profit (loss) for the period before taxes | 9903 | -€109,184 | €259,578 | +€368,762 | |
| Income taxes | 67/77 | - | €45,110 | +€45,110 | |
| Profit (loss) for the period | 9904 | -€109,184 | €214,468 | +€323,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€109,184 | €214,468 | +€323,652 |
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 25 October 2026 via checked.be.