Lokra: 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.
Lokra
Largest movements
- Receivables within one year +€377,062
up €377,062 (+243%), from €155,322 to €532,383
of which Trade receivables: +€334,741
- Cash -€118,425
down €118,425 (-74.9%), from €158,019 to €39,595
mainly Receivables within one year (-€377,062) and Contributions, distributions and other (-€92,372)
- Tangible fixed assets -€42,678
down €42,678 (-10.1%), from €421,347 to €378,669
of which Land and buildings: -€31,131
- Other debts +€88,847
up €88,847 (+31.8%), from €279,397 to €368,245
- Reserves +€61,629
up €61,629 (+14.7%), from €417,832 to €479,461
of which Distributable reserves: +€61,629
- Tax, wage and social debts +€59,256
up €59,256 (+318%), from €18,641 to €77,897
of which Taxes: +€64,256
- Accrued charges and deferred income +€16,930
new in 2025: €16,930
- Depreciation -€138,398
down €138,398 (-72.0%), from €192,260 to €53,862
- Gross operating margin +€75,502
up €75,502 (+32.2%), from €234,694 to €310,196
- Taxes +€52,599
up €52,599 (+297%), from €17,702 to €70,302
- Provisions +€7,500
up €7,500, from -€7,500 to €0
- Financial charges +€4,643
up €4,643 (+24.3%), from €19,073 to €23,716
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 | €743,803 | €964,585 | +€220,782 | +29.7% |
| Fixed assets | 21/28 | €421,347 | €378,669 | -€42,678 | -10.1% |
| Tangible fixed assets | 22/27 | €421,347 | €378,669 | -€42,678 | -10.1% |
| Land and buildings | 22 | €370,983 | €339,852 | -€31,131 | -8.4% |
| Plant, machinery and equipment | 23 | €24,619 | €26,529 | +€1,910 | +7.8% |
| Furniture and vehicles | 24 | €18,654 | €12,288 | -€6,366 | -34.1% |
| Leasing and similar rights | 25 | €7,091 | €0 | -€7,091 | -100% |
| Current assets | 29/58 | €322,457 | €585,917 | +€263,460 | +81.7% |
| Stocks and contracts in progress | 3 | €5,000 | €4,500 | -€500 | -10.0% |
| Stocks | 30/36 | €5,000 | €4,500 | -€500 | -10.0% |
| Amounts receivable within one year | 40/41 | €155,322 | €532,383 | +€377,062 | +243% |
| Trade receivables | 40 | €151,125 | €485,866 | +€334,741 | +221% |
| Other amounts receivable | 41 | €4,197 | €46,517 | +€42,321 | +1,008% |
| Cash at bank and in hand | 54/58 | €158,019 | €39,595 | -€118,425 | -74.9% |
| Deferred charges and accrued income | 490/1 | €4,115 | €9,439 | +€5,323 | +129% |
| Total equity and liabilities | 10/49 | €743,803 | €964,585 | +€220,782 | +29.7% |
| Equity | 10/15 | €436,432 | €498,061 | +€61,629 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €417,832 | €479,461 | +€61,629 | +14.7% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €417,832 | €479,461 | +€61,629 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €307,371 | €466,524 | +€159,153 | +51.8% |
| Amounts payable within one year | 42/48 | €307,371 | €449,594 | +€142,223 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,333 | €3,453 | -€5,880 | -63.0% |
| Suppliers | 440/4 | €9,333 | €3,453 | -€5,880 | -63.0% |
| Taxes, remuneration and social security | 45 | €18,641 | €77,897 | +€59,256 | +318% |
| Taxes | 450/3 | €11,141 | €75,397 | +€64,256 | +577% |
| Remuneration and social security | 454/9 | €7,500 | €2,500 | -€5,000 | -66.7% |
| Other amounts payable | 47/48 | €279,397 | €368,245 | +€88,847 | +31.8% |
| Accrued charges and deferred income | 492/3 | - | €16,930 | +€16,930 | |
| Remuneration, social security and pensions | 62 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,260 | €53,862 | -€138,398 | -72.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,500 | €0 | +€7,500 | |
| Other operating charges | 640/8 | €8,858 | €8,154 | -€704 | -7.9% |
| Gross operating margin | 9900 | €234,694 | €310,196 | +€75,502 | +32.2% |
| Operating profit (loss) | 9901 | €41,076 | €248,020 | +€206,944 | +504% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €19,073 | €23,716 | +€4,643 | +24.3% |
| Recurring financial charges | 65 | €19,073 | €23,716 | +€4,643 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €22,003 | €224,303 | +€202,300 | +919% |
| Transfer from deferred taxes | 780 | €8,600 | €0 | -€8,600 | -100% |
| Income taxes | 67/77 | €17,702 | €70,302 | +€52,599 | +297% |
| Profit (loss) for the period | 9904 | €12,901 | €154,002 | +€141,101 | +1,094% |
| Transfer from tax-exempt reserves | 789 | €34,400 | €0 | -€34,400 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €47,301 | €154,002 | +€106,701 | +226% |
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.