LOKO POLISH: 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.
LOKO POLISH
Largest movements
- Tangible fixed assets +€23,737
up €23,737 (+5.8%), from €411,939 to €435,676
of which Furniture and vehicles: +€51,044
- Cash +€22,051
up €22,051 (+21.0%), from €104,989 to €127,040
mainly Net result for the year (+€62,177) and Depreciation (+€36,867)
- Stocks and contracts -€16,294
down €16,294 (-53.6%), from €30,409 to €14,115
- Receivables within one year +€13,802
up €13,802 (+62.9%), from €21,953 to €35,755
of which Other amounts receivable: +€10,564
- Profit (loss) carried forward +€62,177
up €62,177 (+24.3%), from €255,997 to €318,173
- Debts after one year -€18,329
down €18,329 (-9.4%), from €194,317 to €175,988
- Other debts +€11,439
up €11,439 (+18.2%), from €62,938 to €74,378
- Trade debts -€9,586
down €9,586 (-74.6%), from €12,848 to €3,263
- Gross operating margin +€42,759
up €42,759 (+33.6%), from €127,416 to €170,175
- Taxes +€9,436
up €9,436 (+129%), from €7,317 to €16,754
- Depreciation -€5,106
down €5,106 (-12.2%), from €41,973 to €36,867
- Staff costs +€2,747
up €2,747 (+7.0%), from €39,230 to €41,976
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,499 | €614,587 | +€44,089 | +7.7% |
| Fixed assets | 21/28 | €411,939 | €435,676 | +€23,737 | +5.8% |
| Tangible fixed assets | 22/27 | €411,939 | €435,676 | +€23,737 | +5.8% |
| Land and buildings | 22 | €290,422 | €272,438 | -€17,984 | -6.2% |
| Plant, machinery and equipment | 23 | €29,361 | €20,037 | -€9,324 | -31.8% |
| Furniture and vehicles | 24 | €92,156 | €143,200 | +€51,044 | +55.4% |
| Current assets | 29/58 | €158,560 | €178,912 | +€20,352 | +12.8% |
| Stocks and contracts in progress | 3 | €30,409 | €14,115 | -€16,294 | -53.6% |
| Stocks | 30/36 | €30,409 | €14,115 | -€16,294 | -53.6% |
| Amounts receivable within one year | 40/41 | €21,953 | €35,755 | +€13,802 | +62.9% |
| Trade receivables | 40 | €19,270 | €22,508 | +€3,238 | +16.8% |
| Other amounts receivable | 41 | €2,683 | €13,246 | +€10,564 | +394% |
| Cash at bank and in hand | 54/58 | €104,989 | €127,040 | +€22,051 | +21.0% |
| Deferred charges and accrued income | 490/1 | €1,209 | €2,003 | +€794 | +65.7% |
| Total equity and liabilities | 10/49 | €570,499 | €614,587 | +€44,089 | +7.7% |
| Equity | 10/15 | €260,997 | €323,173 | +€62,177 | +23.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,997 | €318,173 | +€62,177 | +24.3% |
| Amounts payable | 17/49 | €309,502 | €291,414 | -€18,088 | -5.8% |
| Amounts payable after more than one year | 17 | €194,317 | €175,988 | -€18,329 | -9.4% |
| Financial debts | 170/4 | €194,317 | €175,988 | -€18,329 | -9.4% |
| Amounts payable within one year | 42/48 | €110,138 | €115,426 | +€5,288 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €17,867 | €18,329 | +€462 | +2.6% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €12,848 | €3,263 | -€9,586 | -74.6% |
| Suppliers | 440/4 | €12,848 | €3,263 | -€9,586 | -74.6% |
| Taxes, remuneration and social security | 45 | €16,484 | €19,447 | +€2,963 | +18.0% |
| Taxes | 450/3 | €10,968 | €13,390 | +€2,422 | +22.1% |
| Remuneration and social security | 454/9 | €5,516 | €6,057 | +€541 | +9.8% |
| Other amounts payable | 47/48 | €62,938 | €74,378 | +€11,439 | +18.2% |
| Accrued charges and deferred income | 492/3 | €5,048 | €0 | -€5,048 | -100% |
| Remuneration, social security and pensions | 62 | €39,230 | €41,976 | +€2,747 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,973 | €36,867 | -€5,106 | -12.2% |
| Other operating charges | 640/8 | €3,082 | €3,269 | +€188 | +6.1% |
| Gross operating margin | 9900 | €127,416 | €170,175 | +€42,759 | +33.6% |
| Operating profit (loss) | 9901 | €43,132 | €88,062 | +€44,931 | +104% |
| Financial income | 75/76B | €49 | €25 | -€24 | -48.4% |
| Recurring financial income | 75 | €49 | €25 | -€24 | -48.4% |
| Financial charges | 65/66B | €10,071 | €9,157 | -€914 | -9.1% |
| Recurring financial charges | 65 | €10,071 | €9,157 | -€914 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €33,109 | €78,931 | +€45,821 | +138% |
| Income taxes | 67/77 | €7,317 | €16,754 | +€9,436 | +129% |
| Profit (loss) for the period | 9904 | €25,792 | €62,177 | +€36,385 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €25,792 | €62,177 | +€36,385 | +141% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.