LOC HOUSE: 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.
LOC HOUSE
Largest movements
- Tangible fixed assets +€244,172
up €244,172 (+28.5%), from €857,852 to €1.1m
- Debts after one year +€130,484
up €130,484 (+23.1%), from €564,677 to €695,161
of which Financial debts: +€129,184
- Other debts +€102,834
up €102,834 (+59.4%), from €173,103 to €275,937
- Trade debts +€22,011
up €22,011 (+13.2%), from €166,756 to €188,767
- Other operating charges -€21,386
down €21,386 (-47.6%), from €44,949 to €23,564
- Depreciation +€10,294
up €10,294 (+36.1%), from €28,544 to €38,838
- Gross operating margin +€3,766
up €3,766 (+5.1%), from €74,311 to €78,077
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 | €862,637 | €1,110,268 | +€247,632 | +28.7% |
| Fixed assets | 21/28 | €857,852 | €1,102,024 | +€244,172 | +28.5% |
| Tangible fixed assets | 22/27 | €857,852 | €1,102,024 | +€244,172 | +28.5% |
| Land and buildings | 22 | €857,852 | €1,102,024 | +€244,172 | +28.5% |
| Current assets | 29/58 | €4,785 | €8,245 | +€3,460 | +72.3% |
| Amounts receivable within one year | 40/41 | - | €3,783 | +€3,783 | |
| Trade receivables | 40 | - | €3,783 | +€3,783 | |
| Cash at bank and in hand | 54/58 | €2,861 | €1,123 | -€1,739 | -60.8% |
| Deferred charges and accrued income | 490/1 | €1,924 | €3,339 | +€1,415 | +73.6% |
| Total equity and liabilities | 10/49 | €862,637 | €1,110,268 | +€247,632 | +28.7% |
| Equity | 10/15 | -€109,807 | -€120,360 | -€10,553 | -9.6% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Outside capital | 11 | €64,000 | €64,000 | = | 0.0% |
| Other | 1109/19 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,807 | -€184,360 | -€10,553 | -6.1% |
| Amounts payable | 17/49 | €972,443 | €1,230,628 | +€258,185 | +26.6% |
| Amounts payable after more than one year | 17 | €564,677 | €695,161 | +€130,484 | +23.1% |
| Financial debts | 170/4 | €564,677 | €693,861 | +€129,184 | +22.9% |
| Other amounts payable | 178/9 | - | €1,300 | +€1,300 | |
| Amounts payable within one year | 42/48 | €400,919 | €527,615 | +€126,696 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €61,060 | €62,911 | +€1,851 | +3.0% |
| Trade debts | 44 | €166,756 | €188,767 | +€22,011 | +13.2% |
| Suppliers | 440/4 | €166,756 | €188,767 | +€22,011 | +13.2% |
| Other amounts payable | 47/48 | €173,103 | €275,937 | +€102,834 | +59.4% |
| Accrued charges and deferred income | 492/3 | €6,847 | €7,852 | +€1,005 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,544 | €38,838 | +€10,294 | +36.1% |
| Other operating charges | 640/8 | €44,949 | €23,564 | -€21,386 | -47.6% |
| Gross operating margin | 9900 | €74,311 | €78,077 | +€3,766 | +5.1% |
| Operating profit (loss) | 9901 | €818 | €15,676 | +€14,857 | +1815.6% |
| Financial charges | 65/66B | €25,880 | €26,228 | +€348 | +1.3% |
| Recurring financial charges | 65 | €25,880 | €26,228 | +€348 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,062 | -€10,553 | +€14,509 | +57.9% |
| Profit (loss) for the period | 9904 | -€25,062 | -€10,553 | +€14,509 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,062 | -€10,553 | +€14,509 | +57.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.