L.O.C.U.S. CONSTRUCT: 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.
L.O.C.U.S. CONSTRUCT
Largest movements
- Cash -€101,302
down €101,302 (-71.6%), from €141,470 to €40,168
mainly Receivables within one year (-€95,500) and Net result for the year (-€7,868)
- Receivables within one year +€95,500
up €95,500 (+135%), from €70,827 to €166,327
- Reserves -€7,868
down €7,868 (-12.2%), from €64,260 to €56,392
of which Distributable reserves: -€7,868
- Gross operating margin -€75,884
down €75,884, from €68,485 to -€7,398
- Taxes -€11,615
no longer reported in 2025 (was €11,615)
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 | €369,953 | €364,152 | -€5,802 | -1.6% |
| Current assets | 29/58 | €369,953 | €364,152 | -€5,802 | -1.6% |
| Stocks and contracts in progress | 3 | €157,657 | €157,657 | = | 0.0% |
| Stocks | 30/36 | €157,657 | €157,657 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,827 | €166,327 | +€95,500 | +135% |
| Other amounts receivable | 41 | €70,827 | €166,327 | +€95,500 | +135% |
| Cash at bank and in hand | 54/58 | €141,470 | €40,168 | -€101,302 | -71.6% |
| Total equity and liabilities | 10/49 | €369,953 | €364,152 | -€5,802 | -1.6% |
| Equity | 10/15 | €82,860 | €74,992 | -€7,868 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,260 | €56,392 | -€7,868 | -12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,400 | €54,532 | -€7,868 | -12.6% |
| Amounts payable | 17/49 | €287,093 | €289,159 | +€2,066 | +0.7% |
| Amounts payable within one year | 42/48 | €287,093 | €289,159 | +€2,066 | +0.7% |
| Trade debts | 44 | €1,868 | €2,144 | +€276 | +14.8% |
| Suppliers | 440/4 | €1,868 | €2,144 | +€276 | +14.8% |
| Taxes, remuneration and social security | 45 | €11,507 | €11,615 | +€108 | +0.9% |
| Taxes | 450/3 | €11,507 | €11,615 | +€108 | +0.9% |
| Other amounts payable | 47/48 | €273,718 | €275,400 | +€1,682 | +0.6% |
| Non-recurring operating income | 76A | €45,385 | - | -€45,385 | |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €68,485 | -€7,398 | -€75,884 | |
| Operating profit (loss) | 9901 | €68,345 | -€7,543 | -€75,887 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €268 | €325 | +€57 | +21.4% |
| Recurring financial charges | 65 | €268 | €325 | +€57 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €68,077 | -€7,868 | -€75,944 | |
| Income taxes | 67/77 | €11,615 | - | -€11,615 | |
| Profit (loss) for the period | 9904 | €56,461 | -€7,868 | -€64,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,461 | -€7,868 | -€64,329 |
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 13 October 2026 via checked.be.