LOCABOX: 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.
LOCABOX
Largest movements
- Tangible fixed assets -€63,279
down €63,279 (-25.3%), from €249,754 to €186,475
of which Land and buildings: -€87,292
- Cash +€33,740
up €33,740 (+240.1%), from €14,055 to €47,795
mainly Depreciation (+€75,494) and Net result for the year (+€9,012)
- Other debts -€41,000
down €41,000 (-16.6%), from €247,480 to €206,480
- Profit (loss) carried forward +€9,012
up €9,012 (+20.1%), from -€44,849 to -€35,837
- Tax, wage and social debts +€3,340
up €3,340 (+53790.5%), from €6 to €3,347
- Gross operating margin +€28,058
up €28,058 (+46.7%), from €60,085 to €88,143
- Depreciation -€3,492
down €3,492 (-4.4%), from €78,987 to €75,494
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 | €279,422 | €250,547 | -€28,875 | -10.3% |
| Fixed assets | 21/28 | €249,754 | €186,475 | -€63,279 | -25.3% |
| Tangible fixed assets | 22/27 | €249,754 | €186,475 | -€63,279 | -25.3% |
| Land and buildings | 22 | €188,685 | €101,393 | -€87,292 | -46.3% |
| Plant, machinery and equipment | 23 | €51,782 | €32,446 | -€19,336 | -37.3% |
| Furniture and vehicles | 24 | €9,287 | €52,636 | +€43,349 | +466.8% |
| Current assets | 29/58 | €29,667 | €64,072 | +€34,405 | +116.0% |
| Stocks and contracts in progress | 3 | €13,484 | €13,883 | +€399 | +3.0% |
| Stocks | 30/36 | €13,484 | €13,883 | +€399 | +3.0% |
| Amounts receivable within one year | 40/41 | €2,128 | €2,394 | +€266 | +12.5% |
| Trade receivables | 40 | €1,033 | €2,394 | +€1,362 | +131.9% |
| Other amounts receivable | 41 | €1,095 | €0 | -€1,095 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,055 | €47,795 | +€33,740 | +240.1% |
| Total equity and liabilities | 10/49 | €279,422 | €250,547 | -€28,875 | -10.3% |
| Equity | 10/15 | €30,651 | €39,663 | +€9,012 | +29.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €50,500 | €50,500 | = | 0.0% |
| Distributable reserves | 133 | €50,500 | €50,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,849 | -€35,837 | +€9,012 | +20.1% |
| Amounts payable | 17/49 | €248,770 | €210,884 | -€37,887 | -15.2% |
| Amounts payable within one year | 42/48 | €248,770 | €210,525 | -€38,246 | -15.4% |
| Trade debts | 44 | €1,284 | €698 | -€586 | -45.6% |
| Suppliers | 440/4 | €1,284 | €623 | -€661 | -51.5% |
| Bills of exchange payable | 441 | - | €75 | +€75 | |
| Taxes, remuneration and social security | 45 | €6 | €3,347 | +€3,340 | +53790.5% |
| Taxes | 450/3 | €6 | €3,347 | +€3,340 | +53790.5% |
| Other amounts payable | 47/48 | €247,480 | €206,480 | -€41,000 | -16.6% |
| Accrued charges and deferred income | 492/3 | - | €359 | +€359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,987 | €75,494 | -€3,492 | -4.4% |
| Other operating charges | 640/8 | €987 | €646 | -€341 | -34.5% |
| Gross operating margin | 9900 | €60,085 | €88,143 | +€28,058 | +46.7% |
| Operating profit (loss) | 9901 | -€19,889 | €12,002 | +€31,891 | |
| Financial charges | 65/66B | €212 | €217 | +€5 | +2.3% |
| Recurring financial charges | 65 | €212 | €217 | +€5 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,101 | €11,785 | +€31,886 | |
| Income taxes | 67/77 | €2,689 | €2,773 | +€84 | +3.1% |
| Profit (loss) for the period | 9904 | -€22,790 | €9,012 | +€31,802 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,790 | €9,012 | +€31,802 |
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 10 October 2026 via checked.be.