LOCA SERVICES: 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.
LOCA SERVICES
Largest movements
- Tangible fixed assets +€75,837
up €75,837 (+27.0%), from €280,529 to €356,367
of which Furniture and vehicles: +€68,998
- Receivables within one year +€39,708
up €39,708 (+57.4%), from €69,176 to €108,885
of which Trade receivables: +€54,184
- Stocks and contracts +€10,666
up €10,666 (+19.9%), from €53,516 to €64,181
- Cash -€9,431
down €9,431 (-36.2%), from €26,050 to €16,619
mainly Investment in fixed assets (net) (-€133,037) and Receivables within one year (-€39,708)
- Intangible fixed assets +€7,652
up €7,652 (+82.8%), from €9,237 to €16,889
- Debts after one year +€92,654
up €92,654 (+23.6%), from €392,133 to €484,787
of which Other amounts payable: +€57,749
- Tax, wage and social debts +€28,466
up €28,466 (+50.8%), from €56,065 to €84,531
of which Remuneration and social security: +€29,486
- Current portion of long-term debt +€8,265
new in 2024: €8,265
- Staff costs +€87,584
up €87,584 (+27.7%), from €316,248 to €403,832
- Gross operating margin +€87,246
up €87,246 (+24.6%), from €354,925 to €442,170
- Taxes -€27,535
down €27,535 (-98.0%), from €28,097 to €562
- Other operating charges +€4,755
up €4,755 (+37.8%), from €12,592 to €17,347
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €451,748 | €580,251 | +€128,503 | +28.4% |
| Fixed assets | 21/28 | €294,066 | €377,555 | +€83,490 | +28.4% |
| Intangible fixed assets | 21 | €9,237 | €16,889 | +€7,652 | +82.8% |
| Tangible fixed assets | 22/27 | €280,529 | €356,367 | +€75,837 | +27.0% |
| Plant, machinery and equipment | 23 | €2,586 | €3,150 | +€565 | +21.8% |
| Furniture and vehicles | 24 | €270,795 | €339,793 | +€68,998 | +25.5% |
| Other tangible fixed assets | 26 | €7,149 | €13,424 | +€6,275 | +87.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €4,300 | €4,300 | = | 0.0% |
| Current assets | 29/58 | €157,682 | €202,696 | +€45,014 | +28.5% |
| Stocks and contracts in progress | 3 | €53,516 | €64,181 | +€10,666 | +19.9% |
| Stocks | 30/36 | €53,516 | €64,181 | +€10,666 | +19.9% |
| Amounts receivable within one year | 40/41 | €69,176 | €108,885 | +€39,708 | +57.4% |
| Trade receivables | 40 | €53,491 | €107,675 | +€54,184 | +101.3% |
| Other amounts receivable | 41 | €15,686 | €1,210 | -€14,476 | -92.3% |
| Cash at bank and in hand | 54/58 | €26,050 | €16,619 | -€9,431 | -36.2% |
| Deferred charges and accrued income | 490/1 | €8,940 | €13,011 | +€4,071 | +45.5% |
| Total equity and liabilities | 10/49 | €451,748 | €580,251 | +€128,503 | +28.4% |
| Equity | 10/15 | -€29,056 | -€28,407 | +€649 | +2.2% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,792 | -€177,143 | +€649 | +0.4% |
| Amounts payable | 17/49 | €480,804 | €608,658 | +€127,854 | +26.6% |
| Amounts payable after more than one year | 17 | €392,133 | €484,787 | +€92,654 | +23.6% |
| Financial debts | 170/4 | - | €34,905 | +€34,905 | |
| Other amounts payable | 178/9 | €392,133 | €449,882 | +€57,749 | +14.7% |
| Amounts payable within one year | 42/48 | €88,671 | €123,392 | +€34,722 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,265 | +€8,265 | |
| Trade debts | 44 | €32,606 | €30,180 | -€2,426 | -7.4% |
| Suppliers | 440/4 | €32,606 | €30,180 | -€2,426 | -7.4% |
| Taxes, remuneration and social security | 45 | €56,065 | €84,531 | +€28,466 | +50.8% |
| Taxes | 450/3 | €6,681 | €5,661 | -€1,020 | -15.3% |
| Remuneration and social security | 454/9 | €49,385 | €78,871 | +€29,486 | +59.7% |
| Other amounts payable | 47/48 | - | €415 | +€415 | |
| Accrued charges and deferred income | 492/3 | - | €479 | +€479 | |
| Remuneration, social security and pensions | 62 | €316,248 | €403,832 | +€87,584 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,434 | €49,547 | -€887 | -1.8% |
| Other operating charges | 640/8 | €12,592 | €17,347 | +€4,755 | +37.8% |
| Non-recurring operating charges | 66A | €396 | €2,285 | +€1,889 | +476.8% |
| Gross operating margin | 9900 | €354,925 | €442,170 | +€87,246 | +24.6% |
| Operating profit (loss) | 9901 | -€24,746 | -€30,842 | -€6,096 | -24.6% |
| Financial income | 75/76B | €1,000 | €0 | -€1,000 | -100.0% |
| Recurring financial income | 75 | €1,000 | €0 | -€1,000 | -100.0% |
| Financial charges | 65/66B | €1,157 | €2,447 | +€1,290 | +111.5% |
| Recurring financial charges | 65 | €1,157 | €2,447 | +€1,290 | +111.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,903 | -€33,289 | -€8,386 | -33.7% |
| Income taxes | 67/77 | €28,097 | €562 | -€27,535 | -98.0% |
| Profit (loss) for the period | 9904 | -€53,000 | -€33,851 | +€19,149 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,000 | -€33,851 | +€19,149 | +36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.