Loke: 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.
Loke
Largest movements
- Tangible fixed assets -€24,488
down €24,488 (-5.8%), from €424,689 to €400,201
of which Land and buildings: -€15,054
- Cash -€5,194
down €5,194 (-42.6%), from €12,181 to €6,987
mainly Net result for the year (-€25,087) and Current portion of long-term debt (-€9,304)
- Profit (loss) carried forward -€25,087
down €25,087 (-37.1%), from -€67,568 to -€92,655
- Tax, wage and social debts +€15,416
up €15,416 (+160%), from €9,645 to €25,060
of which Taxes: +€11,068
- Current portion of long-term debt -€9,304
down €9,304 (-25.8%), from €36,048 to €26,744
- Trade debts -€7,514
down €7,514 (-12.5%), from €59,954 to €52,440
- Gross operating margin -€42,611
down €42,611 (-48.9%), from €87,109 to €44,498
- Staff costs -€5,622
down €5,622 (-20.6%), from €27,266 to €21,645
- Financial charges -€2,953
down €2,953 (-15.5%), from €19,052 to €16,099
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 | €455,367 | €425,546 | -€29,821 | -6.5% |
| Fixed assets | 21/28 | €432,589 | €404,601 | -€27,988 | -6.5% |
| Intangible fixed assets | 21 | €7,000 | €3,500 | -€3,500 | -50.0% |
| Tangible fixed assets | 22/27 | €424,689 | €400,201 | -€24,488 | -5.8% |
| Land and buildings | 22 | €390,102 | €375,048 | -€15,054 | -3.9% |
| Plant, machinery and equipment | 23 | €15,092 | €9,068 | -€6,023 | -39.9% |
| Furniture and vehicles | 24 | €268 | €1,080 | +€812 | +303% |
| Leasing and similar rights | 25 | €14,561 | €12,671 | -€1,890 | -13.0% |
| Other tangible fixed assets | 26 | €4,666 | €2,333 | -€2,333 | -50.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €22,778 | €20,945 | -€1,833 | -8.0% |
| Stocks and contracts in progress | 3 | €6,838 | €7,522 | +€684 | +10.0% |
| Stocks | 30/36 | €6,838 | €7,522 | +€684 | +10.0% |
| Amounts receivable within one year | 40/41 | €3,256 | €5,806 | +€2,549 | +78.3% |
| Trade receivables | 40 | €1,389 | €2,354 | +€965 | +69.5% |
| Other amounts receivable | 41 | €1,867 | €3,452 | +€1,584 | +84.8% |
| Cash at bank and in hand | 54/58 | €12,181 | €6,987 | -€5,194 | -42.6% |
| Deferred charges and accrued income | 490/1 | €503 | €631 | +€128 | +25.5% |
| Total equity and liabilities | 10/49 | €455,367 | €425,546 | -€29,821 | -6.5% |
| Equity | 10/15 | €1,032 | -€24,055 | -€25,087 | |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,568 | -€92,655 | -€25,087 | -37.1% |
| Amounts payable | 17/49 | €454,335 | €449,601 | -€4,734 | -1.0% |
| Amounts payable after more than one year | 17 | €337,312 | €332,761 | -€4,552 | -1.3% |
| Financial debts | 170/4 | €337,312 | €332,761 | -€4,552 | -1.3% |
| Amounts payable within one year | 42/48 | €115,850 | €113,920 | -€1,930 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €36,048 | €26,744 | -€9,304 | -25.8% |
| Financial debts | 43 | €9,354 | €9,675 | +€322 | +3.4% |
| Credit institutions | 430/8 | €9,354 | €9,675 | +€322 | +3.4% |
| Trade debts | 44 | €59,954 | €52,440 | -€7,514 | -12.5% |
| Suppliers | 440/4 | €59,954 | €52,440 | -€7,514 | -12.5% |
| Taxes, remuneration and social security | 45 | €9,645 | €25,060 | +€15,416 | +160% |
| Taxes | 450/3 | €5,612 | €16,679 | +€11,068 | +197% |
| Remuneration and social security | 454/9 | €4,033 | €8,381 | +€4,348 | +108% |
| Other amounts payable | 47/48 | €850 | €0 | -€850 | -100% |
| Accrued charges and deferred income | 492/3 | €1,173 | €2,921 | +€1,748 | +149% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,266 | €21,645 | -€5,622 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,314 | €29,102 | +€788 | +2.8% |
| Other operating charges | 640/8 | €2,481 | €2,761 | +€280 | +11.3% |
| Gross operating margin | 9900 | €87,109 | €44,498 | -€42,611 | -48.9% |
| Operating profit (loss) | 9901 | €29,048 | -€9,009 | -€38,057 | |
| Financial income | 75/76B | €106 | €21 | -€84 | -79.7% |
| Recurring financial income | 75 | €106 | €21 | -€84 | -79.7% |
| Financial charges | 65/66B | €19,052 | €16,099 | -€2,953 | -15.5% |
| Recurring financial charges | 65 | €19,052 | €16,099 | -€2,953 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €10,101 | -€25,087 | -€35,188 | |
| Profit (loss) for the period | 9904 | €10,101 | -€25,087 | -€35,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,101 | -€25,087 | -€35,188 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.