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LRK: what changed

Two fiscal 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

LRK

BE 0807.555.979
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€160,234
2024 · €101,525+€58,709
Equity
€18.4m
2024 · €18.2m+€128,234
Cash
€2.4m
2024 · €2.2m+€226,271
Balance sheet total
€18.4m
2024 · €18.3m+€121,982

Largest movements

2024 to 2025
Assets
  • Cash +€226,271

    up €226,271 (+10.4%), from €2.2m to €2.4m

    mainly Net result for the year (+€160,234) and Receivables after one year (+€132,780)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Financial income +€91,198

      up €91,198 (+121.4%), from €75,109 to €166,308

    • Taxes +€33,055

      up €33,055 (+117.0%), from €28,257 to €61,312

    • Gross operating margin +€910

      up €910 (+1.6%), from €57,626 to €58,536

    From the 2024 result to the 2025 result

    effect on the 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 €101,525
    Gross operating margin +€910
    Other operating charges -€180
    Financial income +€91,198
    Financial charges -€164
    Taxes -€33,055
    Result 2025 €160,234

    Cash bridge derived

    cash 2024 to 2025

    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 +€281,452
    Investment -€23,181
    Financing -€32,000
    Cash 2024 €2.2m
    Net result for the year +€160,234
    Receivables after one year +€132,780
    Receivables within one year -€17,139
    Deferred charges and accrued income +€11,828
    Smaller working-capital items +€115
    Tax, wage and social debts -€7,331
    Other debts +€965
    Current investments -€23,181
    Contributions, distributions and other -€32,000
    Cash 2025 €2.4m
    Every line side by side 37 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €18,271,935 €18,393,918 +€121,982 +0.7%
    Fixed assets 21/28 €11,770,504 €11,770,504 = 0.0%
    Tangible fixed assets 22/27 €987,504 €987,504 = 0.0%
    Land and buildings 22 €987,504 €987,504 = 0.0%
    Financial fixed assets 28 €10,783,000 €10,783,000 = 0.0%
    Current assets 29/58 €6,501,431 €6,623,414 +€121,982 +1.9%
    Amounts receivable after more than one year 29 €654,410 €521,630 -€132,780 -20.3%
    Other amounts receivable 291 €654,410 €521,630 -€132,780 -20.3%
    Amounts receivable within one year 40/41 €1,895,376 €1,912,515 +€17,139 +0.9%
    Other amounts receivable 41 €1,895,376 €1,912,515 +€17,139 +0.9%
    Current investments 50/53 €1,721,781 €1,744,962 +€23,181 +1.3%
    Cash at bank and in hand 54/58 €2,175,208 €2,401,480 +€226,271 +10.4%
    Deferred charges and accrued income 490/1 €54,657 €42,828 -€11,828 -21.6%
    Total equity and liabilities 10/49 €18,271,935 €18,393,918 +€121,982 +0.7%
    Equity 10/15 €18,240,130 €18,368,364 +€128,234 +0.7%
    Contributions 10/11 €7,783,000 €7,783,000 = 0.0%
    Reserves 13 €10,457,130 €10,585,364 +€128,234 +1.2%
    Distributable reserves 133 €10,457,130 €10,585,364 +€128,234 +1.2%
    Amounts payable 17/49 €31,806 €25,554 -€6,252 -19.7%
    Amounts payable within one year 42/48 €30,839 €24,564 -€6,275 -20.3%
    Trade debts 44 €3,176 €3,267 +€91 +2.9%
    Suppliers 440/4 €3,176 €3,267 +€91 +2.9%
    Taxes, remuneration and social security 45 €7,331 - -€7,331
    Taxes 450/3 €7,331 - -€7,331
    Other amounts payable 47/48 €20,333 €21,297 +€965 +4.7%
    Accrued charges and deferred income 492/3 €966 €990 +€23 +2.4%
    Other operating charges 640/8 €1,193 €1,373 +€180 +15.1%
    Gross operating margin 9900 €57,626 €58,536 +€910 +1.6%
    Operating profit (loss) 9901 €56,433 €57,163 +€730 +1.3%
    Financial income 75/76B €75,109 €166,308 +€91,198 +121.4%
    Recurring financial income 75 €75,109 €166,308 +€91,198 +121.4%
    Financial charges 65/66B €1,760 €1,924 +€164 +9.3%
    Recurring financial charges 65 €1,760 €1,924 +€164 +9.3%
    Profit (loss) for the period before taxes 9903 €129,782 €221,546 +€91,764 +70.7%
    Income taxes 67/77 €28,257 €61,312 +€33,055 +117.0%
    Profit (loss) for the period 9904 €101,525 €160,234 +€58,709 +57.8%
    Profit (loss) for the period to be appropriated 9905 €101,525 €160,234 +€58,709 +57.8%

    Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.