Locàle: 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.
Locàle
Largest movements
- Receivables within one year -€14,209
down €14,209 (-36.2%), from €39,242 to €25,033
of which Trade receivables: -€25,522
- Cash +€9,588
up €9,588 (+1,509%), from €635 to €10,224
mainly Depreciation (+€19,636) and Receivables within one year (+€14,209)
- Tangible fixed assets -€6,776
down €6,776 (-10.2%), from €66,691 to €59,915
of which Land and buildings: -€6,707
- Intangible fixed assets -€5,000
down €5,000 (-12.1%), from €41,233 to €36,233
- Stocks and contracts +€2,425
up €2,425 (+19.2%), from €12,626 to €15,051
- Tax, wage and social debts -€13,020
down €13,020 (-58.9%), from €22,103 to €9,083
of which Taxes: -€15,771
- Reserves +€6,502
up €6,502 (+10.3%), from €63,051 to €69,553
- Debts after one year -€4,369
down €4,369 (-9.7%), from €45,128 to €40,759
- Trade debts -€3,474
down €3,474 (-49.2%), from €7,062 to €3,588
- Gross operating margin -€65,910
down €65,910 (-35.6%), from €185,058 to €119,147
- Staff costs -€57,206
down €57,206 (-40.8%), from €140,066 to €82,860
- Taxes -€2,230
down €2,230 (-45.8%), from €4,865 to €2,636
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 | €160,427 | €146,456 | -€13,971 | -8.7% |
| Fixed assets | 21/28 | €107,923 | €96,148 | -€11,776 | -10.9% |
| Intangible fixed assets | 21 | €41,233 | €36,233 | -€5,000 | -12.1% |
| Tangible fixed assets | 22/27 | €66,691 | €59,915 | -€6,776 | -10.2% |
| Land and buildings | 22 | €38,558 | €31,851 | -€6,707 | -17.4% |
| Plant, machinery and equipment | 23 | €18,950 | €13,649 | -€5,301 | -28.0% |
| Furniture and vehicles | 24 | €9,182 | €14,414 | +€5,232 | +57.0% |
| Current assets | 29/58 | €52,503 | €50,308 | -€2,195 | -4.2% |
| Stocks and contracts in progress | 3 | €12,626 | €15,051 | +€2,425 | +19.2% |
| Stocks | 30/36 | €12,626 | €15,051 | +€2,425 | +19.2% |
| Amounts receivable within one year | 40/41 | €39,242 | €25,033 | -€14,209 | -36.2% |
| Trade receivables | 40 | €25,522 | - | -€25,522 | |
| Other amounts receivable | 41 | €13,720 | €25,033 | +€11,313 | +82.5% |
| Cash at bank and in hand | 54/58 | €635 | €10,224 | +€9,588 | +1,509% |
| Total equity and liabilities | 10/49 | €160,427 | €146,456 | -€13,971 | -8.7% |
| Equity | 10/15 | €69,051 | €75,553 | +€6,502 | +9.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €63,051 | €69,553 | +€6,502 | +10.3% |
| Distributable reserves | 133 | €63,051 | €69,553 | +€6,502 | +10.3% |
| Amounts payable | 17/49 | €91,375 | €70,902 | -€20,473 | -22.4% |
| Amounts payable after more than one year | 17 | €45,128 | €40,759 | -€4,369 | -9.7% |
| Financial debts | 170/4 | €45,128 | €40,759 | -€4,369 | -9.7% |
| Amounts payable within one year | 42/48 | €46,247 | €30,143 | -€16,104 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €17,082 | €17,473 | +€391 | +2.3% |
| Trade debts | 44 | €7,062 | €3,588 | -€3,474 | -49.2% |
| Suppliers | 440/4 | €7,062 | €3,588 | -€3,474 | -49.2% |
| Taxes, remuneration and social security | 45 | €22,103 | €9,083 | -€13,020 | -58.9% |
| Taxes | 450/3 | €22,103 | €6,332 | -€15,771 | -71.4% |
| Remuneration and social security | 454/9 | - | €2,751 | +€2,751 | |
| Remuneration, social security and pensions | 62 | €140,066 | €82,860 | -€57,206 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,126 | €19,636 | +€510 | +2.7% |
| Other operating charges | 640/8 | €2,420 | €2,962 | +€542 | +22.4% |
| Gross operating margin | 9900 | €185,058 | €119,147 | -€65,910 | -35.6% |
| Operating profit (loss) | 9901 | €23,446 | €13,690 | -€9,756 | -41.6% |
| Financial income | 75/76B | €2 | €39 | +€37 | +1,588% |
| Recurring financial income | 75 | €2 | €39 | +€37 | +1,588% |
| Financial charges | 65/66B | €2,901 | €4,592 | +€1,691 | +58.3% |
| Recurring financial charges | 65 | €2,901 | €4,592 | +€1,691 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | €20,548 | €9,138 | -€11,410 | -55.5% |
| Income taxes | 67/77 | €4,865 | €2,636 | -€2,230 | -45.8% |
| Profit (loss) for the period | 9904 | €15,682 | €6,502 | -€9,180 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,682 | €6,502 | -€9,180 | -58.5% |
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 18 October 2026 via checked.be.