LOCADEC: 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.
LOCADEC
Largest movements
- Cash +€21,675
up €21,675 (+35.2%), from €61,662 to €83,337
mainly Depreciation (+€9,713) and Net result for the year (+€5,444)
- Tangible fixed assets -€9,713
down €9,713 (-36.7%), from €26,453 to €16,740
of which Furniture and vehicles: -€5,963
- Receivables within one year -€4,233
down €4,233 (-38.1%), from €11,096 to €6,863
of which Trade receivables: -€4,098
- Profit (loss) carried forward +€5,444
up €5,444 (+6.4%), from -€85,201 to -€79,757
- Tax, wage and social debts +€1,254
up €1,254 (+284%), from €442 to €1,696
- Depreciation -€4,518
down €4,518 (-31.7%), from €14,231 to €9,713
- Other operating charges +€908
up €908 (+272%), from €334 to €1,243
- Gross operating margin -€443
down €443 (-2.5%), from €17,492 to €17,049
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 | €99,762 | €107,334 | +€7,572 | +7.6% |
| Fixed assets | 21/28 | €26,453 | €16,740 | -€9,713 | -36.7% |
| Tangible fixed assets | 22/27 | €26,453 | €16,740 | -€9,713 | -36.7% |
| Plant, machinery and equipment | 23 | €9,375 | €5,625 | -€3,750 | -40.0% |
| Furniture and vehicles | 24 | €17,078 | €11,115 | -€5,963 | -34.9% |
| Current assets | 29/58 | €73,309 | €90,595 | +€17,285 | +23.6% |
| Amounts receivable within one year | 40/41 | €11,096 | €6,863 | -€4,233 | -38.1% |
| Trade receivables | 40 | €10,961 | €6,863 | -€4,098 | -37.4% |
| Other amounts receivable | 41 | €135 | - | -€135 | |
| Cash at bank and in hand | 54/58 | €61,662 | €83,337 | +€21,675 | +35.2% |
| Deferred charges and accrued income | 490/1 | €551 | €394 | -€157 | -28.5% |
| Total equity and liabilities | 10/49 | €99,762 | €107,334 | +€7,572 | +7.6% |
| Equity | 10/15 | -€66,601 | -€61,157 | +€5,444 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,201 | -€79,757 | +€5,444 | +6.4% |
| Amounts payable | 17/49 | €166,363 | €168,492 | +€2,129 | +1.3% |
| Amounts payable after more than one year | 17 | €165,000 | €165,000 | = | 0.0% |
| Other amounts payable | 178/9 | €165,000 | €165,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,363 | €3,492 | +€2,129 | +156% |
| Trade debts | 44 | €141 | €1,056 | +€916 | +650% |
| Suppliers | 440/4 | €141 | €1,056 | +€916 | +650% |
| Taxes, remuneration and social security | 45 | €442 | €1,696 | +€1,254 | +284% |
| Taxes | 450/3 | €442 | €1,696 | +€1,254 | +284% |
| Other amounts payable | 47/48 | €780 | €739 | -€41 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,231 | €9,713 | -€4,518 | -31.7% |
| Other operating charges | 640/8 | €334 | €1,243 | +€908 | +272% |
| Gross operating margin | 9900 | €17,492 | €17,049 | -€443 | -2.5% |
| Operating profit (loss) | 9901 | €2,926 | €6,094 | +€3,167 | +108% |
| Financial charges | 65/66B | €689 | €650 | -€39 | -5.7% |
| Recurring financial charges | 65 | €689 | €650 | -€39 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,237 | €5,444 | +€3,206 | +143% |
| Profit (loss) for the period | 9904 | €2,237 | €5,444 | +€3,206 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €2,237 | €5,444 | +€3,206 | +143% |
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 27 October 2026 via checked.be.