LOCAGITE: 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.
LOCAGITE
Largest movements
- Cash +€49,435
up €49,435 (+272%), from €18,152 to €67,587
mainly Net result for the year (+€87,773) and Debts after one year (+€82,815)
- Tangible fixed assets +€34,516
up €34,516 (+4.2%), from €822,870 to €857,386
of which Land and buildings: +€63,156
- Deferred charges and accrued income +€21,025
up €21,025 (+163%), from €12,910 to €33,935
- Profit (loss) carried forward +€87,773
up €87,773 (+93.5%), from -€93,869 to -€6,097
- Debts after one year +€82,815
up €82,815 (+33.2%), from €249,071 to €331,886
- Other debts -€68,021
down €68,021 (-34.5%), from €197,138 to €129,117
- Advances received -€21,956
down €21,956 (-53.6%), from €40,947 to €18,991
- Depreciation -€23,881
down €23,881 (-28.3%), from €84,365 to €60,484
- Gross operating margin +€15,964
up €15,964 (+9.1%), from €175,213 to €191,177
- Other operating charges +€15,841
up €15,841 (+101%), from €15,635 to €31,476
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.
Derived cash bridge
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 | €913,727 | €1,010,104 | +€96,377 | +10.5% |
| Fixed assets | 21/28 | €822,870 | €857,386 | +€34,516 | +4.2% |
| Tangible fixed assets | 22/27 | €822,870 | €857,386 | +€34,516 | +4.2% |
| Land and buildings | 22 | €762,396 | €825,552 | +€63,156 | +8.3% |
| Plant, machinery and equipment | 23 | €55,745 | €30,918 | -€24,827 | -44.5% |
| Furniture and vehicles | 24 | €4,729 | €916 | -€3,813 | -80.6% |
| Current assets | 29/58 | €90,857 | €152,718 | +€61,861 | +68.1% |
| Amounts receivable within one year | 40/41 | €59,794 | €51,196 | -€8,598 | -14.4% |
| Trade receivables | 40 | €20,515 | €3,902 | -€16,614 | -81.0% |
| Other amounts receivable | 41 | €39,279 | €47,295 | +€8,015 | +20.4% |
| Cash at bank and in hand | 54/58 | €18,152 | €67,587 | +€49,435 | +272% |
| Deferred charges and accrued income | 490/1 | €12,910 | €33,935 | +€21,025 | +163% |
| Total equity and liabilities | 10/49 | €913,727 | €1,010,104 | +€96,377 | +10.5% |
| Equity | 10/15 | €324,731 | €412,503 | +€87,773 | +27.0% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,869 | -€6,097 | +€87,773 | +93.5% |
| Amounts payable | 17/49 | €588,996 | €597,601 | +€8,605 | +1.5% |
| Amounts payable after more than one year | 17 | €249,071 | €331,886 | +€82,815 | +33.2% |
| Financial debts | 170/4 | €249,071 | €331,886 | +€82,815 | +33.2% |
| Amounts payable within one year | 42/48 | €339,926 | €262,039 | -€77,887 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €77,027 | €84,015 | +€6,988 | +9.1% |
| Trade debts | 44 | €24,814 | €29,916 | +€5,102 | +20.6% |
| Suppliers | 440/4 | €24,814 | €29,916 | +€5,102 | +20.6% |
| Advances received on contracts in progress | 46 | €40,947 | €18,991 | -€21,956 | -53.6% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €197,138 | €129,117 | -€68,021 | -34.5% |
| Accrued charges and deferred income | 492/3 | €0 | €3,677 | +€3,677 | |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,365 | €60,484 | -€23,881 | -28.3% |
| Other operating charges | 640/8 | €15,635 | €31,476 | +€15,841 | +101% |
| Gross operating margin | 9900 | €175,213 | €191,177 | +€15,964 | +9.1% |
| Operating profit (loss) | 9901 | €75,213 | €99,204 | +€23,991 | +31.9% |
| Financial income | 75/76B | €88 | €131 | +€43 | +49.4% |
| Recurring financial income | 75 | €88 | €131 | +€43 | +49.4% |
| Financial charges | 65/66B | €13,206 | €11,563 | -€1,643 | -12.4% |
| Recurring financial charges | 65 | €13,206 | €11,563 | -€1,643 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €62,095 | €87,773 | +€25,678 | +41.4% |
| Profit (loss) for the period | 9904 | €62,095 | €87,773 | +€25,678 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,095 | €87,773 | +€25,678 | +41.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.