LOKITEC: 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.
LOKITEC
Largest movements
- Cash +€181,643
up €181,643 (+41.4%), from €438,415 to €620,059
mainly Net result for the year (+€145,191) and Receivables within one year (+€87,446)
- Receivables within one year -€87,446
down €87,446 (-17.3%), from €506,567 to €419,121
of which Trade receivables: -€110,577
- Stocks and contracts +€39,540
up €39,540 (+317.8%), from €12,440 to €51,980
- Tangible fixed assets -€23,596
down €23,596 (-38.5%), from €61,338 to €37,743
of which Plant, machinery and equipment: -€21,023
- Reserves +€145,191
up €145,191 (+17.8%), from €815,183 to €960,374
- Tax, wage and social debts -€23,138
down €23,138 (-36.3%), from €63,714 to €40,575
- Trade debts +€12,627
up €12,627 (+38.3%), from €32,983 to €45,609
- Debts after one year -€11,457
down €11,457 (-59.5%), from €19,261 to €7,803
- Gross operating margin -€162,487
down €162,487 (-39.5%), from €411,531 to €249,044
- Taxes -€51,138
down €51,138 (-41.8%), from €122,266 to €71,128
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 | €1,021,030 | €1,135,313 | +€114,283 | +11.2% |
| Fixed assets | 21/28 | €61,338 | €37,743 | -€23,596 | -38.5% |
| Tangible fixed assets | 22/27 | €61,338 | €37,743 | -€23,596 | -38.5% |
| Plant, machinery and equipment | 23 | €52,355 | €31,332 | -€21,023 | -40.2% |
| Furniture and vehicles | 24 | €8,983 | €6,411 | -€2,573 | -28.6% |
| Current assets | 29/58 | €959,692 | €1,097,570 | +€137,879 | +14.4% |
| Stocks and contracts in progress | 3 | €12,440 | €51,980 | +€39,540 | +317.8% |
| Stocks | 30/36 | €12,440 | €51,980 | +€39,540 | +317.8% |
| Amounts receivable within one year | 40/41 | €506,567 | €419,121 | -€87,446 | -17.3% |
| Trade receivables | 40 | €486,726 | €376,149 | -€110,577 | -22.7% |
| Other amounts receivable | 41 | €19,841 | €42,972 | +€23,131 | +116.6% |
| Cash at bank and in hand | 54/58 | €438,415 | €620,059 | +€181,643 | +41.4% |
| Deferred charges and accrued income | 490/1 | €2,269 | €6,411 | +€4,141 | +182.5% |
| Total equity and liabilities | 10/49 | €1,021,030 | €1,135,313 | +€114,283 | +11.2% |
| Equity | 10/15 | €860,856 | €1,006,047 | +€145,191 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €815,183 | €960,374 | +€145,191 | +17.8% |
| Distributable reserves | 133 | €815,183 | €960,374 | +€145,191 | +17.8% |
| Profit (loss) carried forward | 14 | €25,673 | €25,673 | = | 0.0% |
| Amounts payable | 17/49 | €160,174 | €129,266 | -€30,908 | -19.3% |
| Amounts payable after more than one year | 17 | €19,261 | €7,803 | -€11,457 | -59.5% |
| Financial debts | 170/4 | €19,261 | €7,803 | -€11,457 | -59.5% |
| Amounts payable within one year | 42/48 | €140,914 | €121,463 | -€19,451 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €11,168 | €11,457 | +€290 | +2.6% |
| Financial debts | 43 | - | €1,049 | +€1,049 | |
| Credit institutions | 430/8 | - | €1,049 | +€1,049 | |
| Trade debts | 44 | €32,983 | €45,609 | +€12,627 | +38.3% |
| Suppliers | 440/4 | €32,983 | €45,609 | +€12,627 | +38.3% |
| Taxes, remuneration and social security | 45 | €63,714 | €40,575 | -€23,138 | -36.3% |
| Taxes | 450/3 | €63,714 | €40,575 | -€23,138 | -36.3% |
| Other amounts payable | 47/48 | €33,050 | €22,771 | -€10,278 | -31.1% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,418 | €27,521 | +€2,103 | +8.3% |
| Other operating charges | 640/8 | €1,375 | €2,504 | +€1,129 | +82.2% |
| Non-recurring operating charges | 66A | €2,499 | €0 | -€2,499 | -100.0% |
| Gross operating margin | 9900 | €411,531 | €249,044 | -€162,487 | -39.5% |
| Operating profit (loss) | 9901 | €382,240 | €219,020 | -€163,221 | -42.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,197 | €2,700 | -€2,497 | -48.0% |
| Recurring financial charges | 65 | €5,197 | €2,700 | -€2,497 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €377,044 | €216,319 | -€160,724 | -42.6% |
| Income taxes | 67/77 | €122,266 | €71,128 | -€51,138 | -41.8% |
| Profit (loss) for the period | 9904 | €254,777 | €145,191 | -€109,586 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €254,777 | €145,191 | -€109,586 | -43.0% |
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.