LOCABUILD: 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.
LOCABUILD
Largest movements
- Tangible fixed assets +€14,255
up €14,255 (+3.1%), from €465,421 to €479,676
of which Other tangible fixed assets: +€33,735
- Other debts +€203,608
new in 2025: €203,608
- Debts after one year -€175,889
down €175,889 (-42.6%), from €412,474 to €236,585
- Reserves -€18,828
down €18,828 (-58.1%), from €32,421 to €13,593
of which Distributable reserves: -€18,828
- Gross operating margin -€34,969
down €34,969 (-72.5%), from €48,210 to €13,241
- Taxes -€3,931
no longer reported in 2025 (was €3,931)
- Financial charges -€2,197
down €2,197 (-28.6%), from €7,691 to €5,495
- Depreciation +€642
up €642 (+3.0%), from €21,563 to €22,205
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 | €490,220 | €497,854 | +€7,634 | +1.6% |
| Fixed assets | 21/28 | €475,844 | €488,015 | +€12,172 | +2.6% |
| Intangible fixed assets | 21 | €10,422 | €8,339 | -€2,083 | -20.0% |
| Tangible fixed assets | 22/27 | €465,421 | €479,676 | +€14,255 | +3.1% |
| Land and buildings | 22 | €461,706 | €443,009 | -€18,697 | -4.0% |
| Plant, machinery and equipment | 23 | €3,715 | €2,932 | -€783 | -21.1% |
| Other tangible fixed assets | 26 | - | €33,735 | +€33,735 | |
| Current assets | 29/58 | €14,376 | €9,839 | -€4,537 | -31.6% |
| Amounts receivable within one year | 40/41 | €4,003 | €2,942 | -€1,061 | -26.5% |
| Trade receivables | 40 | €4,003 | €1,920 | -€2,083 | -52.0% |
| Other amounts receivable | 41 | - | €1,022 | +€1,022 | |
| Cash at bank and in hand | 54/58 | €10,373 | €6,897 | -€3,476 | -33.5% |
| Total equity and liabilities | 10/49 | €490,220 | €497,854 | +€7,634 | +1.6% |
| Equity | 10/15 | €38,621 | €19,793 | -€18,828 | -48.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,421 | €13,593 | -€18,828 | -58.1% |
| 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 | €30,561 | €11,733 | -€18,828 | -61.6% |
| Amounts payable | 17/49 | €451,598 | €478,061 | +€26,463 | +5.9% |
| Amounts payable after more than one year | 17 | €412,474 | €236,585 | -€175,889 | -42.6% |
| Financial debts | 170/4 | €412,474 | €236,585 | -€175,889 | -42.6% |
| Amounts payable within one year | 42/48 | €39,124 | €241,476 | +€202,351 | +517.2% |
| Current portion of amounts payable after more than one year | 42 | €32,871 | €33,484 | +€613 | +1.9% |
| Trade debts | 44 | - | €171 | +€171 | |
| Suppliers | 440/4 | - | €171 | +€171 | |
| Taxes, remuneration and social security | 45 | €6,253 | €4,212 | -€2,041 | -32.6% |
| Taxes | 450/3 | €6,253 | €4,212 | -€2,041 | -32.6% |
| Other amounts payable | 47/48 | - | €203,608 | +€203,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,563 | €22,205 | +€642 | +3.0% |
| Other operating charges | 640/8 | €4,531 | €4,442 | -€89 | -2.0% |
| Gross operating margin | 9900 | €48,210 | €13,241 | -€34,969 | -72.5% |
| Operating profit (loss) | 9901 | €22,116 | -€13,405 | -€35,522 | |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €7,691 | €5,495 | -€2,197 | -28.6% |
| Recurring financial charges | 65 | €7,691 | €5,495 | -€2,197 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €14,425 | -€18,828 | -€33,253 | |
| Income taxes | 67/77 | €3,931 | - | -€3,931 | |
| Profit (loss) for the period | 9904 | €10,494 | -€18,828 | -€29,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,494 | -€18,828 | -€29,322 |
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.