LOKIP: 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.
What changed
LOKIP
NACE 01.471, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.7m
2024 · €2.5m+€3.2m
Equity
€7.5m
2024 · €4.8m+€2.7m
Cash
€45,140
2024 · €0+€45,140
Balance sheet total
€12.9m
2024 · €8.3m+€4.6m
Largest movements
Assets
- Receivables within one year +€5.8m
up €5.8m (+179%), from €3.2m to €9.0m
of which Other amounts receivable: +€5.8m
- Current investments -€750,000
down €750,000 (-50.0%), from €1.5m to €750,000
- Stocks and contracts -€549,718
down €549,718 (-57.2%), from €961,588 to €411,869
Equity and liabilities
- Reserves +€3.0m
up €3.0m (+78.3%), from €3.8m to €6.8m
of which Distributable reserves: +€3.0m
- Other debts +€2.0m
up €2.0m (+200%), from €1.0m to €3.0m
- Tax, wage and social debts +€424,550
up €424,550 (+99.8%), from €425,233 to €849,783
of which Taxes: +€423,761
- Trade debts -€311,699
down €311,699 (-50.4%), from €618,684 to €306,985
- Profit (loss) carried forward -€262,547
down €262,547 (-40.7%), from €644,437 to €381,889
Income statement
- Gross operating margin +€4.5m
up €4.5m (+109%), from €4.2m to €8.7m
- Taxes +€1.3m
up €1.3m (+138%), from €974,543 to €2.3m
- Provisions -€108,575
new in 2025: -€108,575
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.
Result 2024
€2.5m
Gross operating margin
+€4.5m
Staff costs
+€451
Depreciation
-€30,702
Write-downs
-€50,000
Provisions
+€108,575
Other operating charges
-€416
Financial income
-€9,327
Financial charges
+€2,110
Taxes
-€1.3m
Result 2025
€5.7m
raises the resultlowers the result
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.
From operations
+€3.0m
Investment
+€193,078
Financing
-€3.2m
Cash 2024
€0
From operations (derived)
+€3.0m
Net result for the year
+€5.7m
Depreciation
+€370,080
Stocks and contracts
+€549,718
Receivables within one year
-€5.8m
Deferred charges and accrued income
+€78,031
Provisions
+€50,000
Trade debts
-€311,699
Tax, wage and social debts
+€424,550
Other debts
+€2.0m
Accrued charges and deferred income
-€110,828
Investment (derived)
+€193,078
Investment in fixed assets (net)
-€556,922
Current investments
+€750,000
Financing
-€3.2m
Debts after one year
-€166,668
Contributions, distributions and other
-€3.0m
Cash 2025
€45,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,266,066 | €12,888,875 | +€4.6m | +55.9% |
| Fixed assets | 21/28 | €2,484,023 | €2,670,866 | +€186,842 | +7.5% |
| Intangible fixed assets | 21 | - | €98,403 | +€98,403 | |
| Tangible fixed assets | 22/27 | €2,484,023 | €2,572,463 | +€88,439 | +3.6% |
| Land and buildings | 22 | €1,956,179 | €1,790,481 | -€165,698 | -8.5% |
| Plant, machinery and equipment | 23 | €491,284 | €759,237 | +€267,952 | +54.5% |
| Furniture and vehicles | 24 | €36,560 | €22,745 | -€13,815 | -37.8% |
| Current assets | 29/58 | €5,782,043 | €10,218,009 | +€4.4m | +76.7% |
| Stocks and contracts in progress | 3 | €961,588 | €411,869 | -€549,718 | -57.2% |
| Stocks | 30/36 | €961,588 | €411,869 | -€549,718 | -57.2% |
| Amounts receivable within one year | 40/41 | €3,228,664 | €8,997,239 | +€5.8m | +179% |
| Trade receivables | 40 | €889,257 | €822,080 | -€67,176 | -7.6% |
| Other amounts receivable | 41 | €2,339,407 | €8,175,159 | +€5.8m | +249% |
| Current investments | 50/53 | €1,500,000 | €750,000 | -€750,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €0 | €45,140 | +€45,140 | |
| Deferred charges and accrued income | 490/1 | €91,791 | €13,760 | -€78,031 | -85.0% |
| Total equity and liabilities | 10/49 | €8,266,066 | €12,888,875 | +€4.6m | +55.9% |
| Equity | 10/15 | €4,777,707 | €7,515,159 | +€2.7m | +57.3% |
| Contributions | 10/11 | €304,100 | €304,100 | = | 0.0% |
| Reserves | 13 | €3,829,170 | €6,829,170 | +€3.0m | +78.3% |
| Tax-exempt reserves | 132 | €1,498,760 | €1,498,760 | = | 0.0% |
| Distributable reserves | 133 | €2,330,410 | €5,330,410 | +€3.0m | +129% |
| Profit (loss) carried forward | 14 | €644,437 | €381,889 | -€262,547 | -40.7% |
| 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 | €3,488,359 | €5,323,715 | +€1.8m | +52.6% |
| Amounts payable after more than one year | 17 | €1,124,989 | €958,321 | -€166,668 | -14.8% |
| Financial debts | 170/4 | €1,124,989 | €958,321 | -€166,668 | -14.8% |
| Amounts payable within one year | 42/48 | €2,210,585 | €4,323,437 | +€2.1m | +95.6% |
| Current portion of amounts payable after more than one year | 42 | €166,668 | €166,668 | = | 0.0% |
| Trade debts | 44 | €618,684 | €306,985 | -€311,699 | -50.4% |
| Suppliers | 440/4 | €618,684 | €306,985 | -€311,699 | -50.4% |
| Taxes, remuneration and social security | 45 | €425,233 | €849,783 | +€424,550 | +99.8% |
| Taxes | 450/3 | €383,707 | €807,468 | +€423,761 | +110% |
| Remuneration and social security | 454/9 | €41,527 | €42,316 | +€789 | +1.9% |
| Other amounts payable | 47/48 | €1,000,000 | €3,000,000 | +€2.0m | +200% |
| Accrued charges and deferred income | 492/3 | €152,785 | €41,957 | -€110,828 | -72.5% |
| Remuneration, social security and pensions | 62 | €360,528 | €360,077 | -€451 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339,378 | €370,080 | +€30,702 | +9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €50,000 | +€50,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€108,575 | -€108,575 | |
| Other operating charges | 640/8 | €20,259 | €20,675 | +€416 | +2.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,165,526 | €8,687,403 | +€4.5m | +109% |
| Operating profit (loss) | 9901 | €3,445,362 | €7,995,147 | +€4.5m | +132% |
| Financial income | 75/76B | €92,261 | €82,935 | -€9,327 | -10.1% |
| Recurring financial income | 75 | €92,261 | €82,935 | -€9,327 | -10.1% |
| Financial charges | 65/66B | €23,251 | €21,141 | -€2,110 | -9.1% |
| Recurring financial charges | 65 | €23,251 | €21,141 | -€2,110 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €3,514,372 | €8,056,940 | +€4.5m | +129% |
| Income taxes | 67/77 | €974,543 | €2,319,487 | +€1.3m | +138% |
| Profit (loss) for the period | 9904 | €2,539,829 | €5,737,453 | +€3.2m | +126% |
| Transfer to tax-exempt reserves | 689 | €500,990 | €0 | -€500,990 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €2,038,839 | €5,737,453 | +€3.7m | +181% |
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 15 October 2026 via checked.be.