LOCALIS GROUP: 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.
LOCALIS GROUP
Largest movements
- Receivables within one year -€315,436
down €315,436 (-60.4%), from €522,445 to €207,009
of which Trade receivables: -€309,794
- Tangible fixed assets +€303,513
up €303,513 (+60.8%), from €499,259 to €802,772
of which Land and buildings: +€271,376
- Cash +€86,385
up €86,385 (+58.2%), from €148,480 to €234,865
mainly Receivables within one year (+€315,436) and Net result for the year (+€85,089)
- Profit (loss) carried forward +€85,089
up €85,089, from -€2,700 to €82,389
- Tax, wage and social debts -€16,867
down €16,867 (-50.5%), from €33,368 to €16,501
of which Taxes: -€13,959
- Turnover -€31,420
down €31,420 (-15.6%), from €201,080 to €169,660
- Gross operating margin +€21,540
up €21,540 (+14.7%), from €146,219 to €167,759
- Depreciation +€10,721
up €10,721 (+42.3%), from €25,373 to €36,094
- Purchases and services +€6,433
up €6,433 (+5.3%), from €122,174 to €128,607
- Other operating charges +€4,167
up €4,167 (+40.2%), from €10,366 to €14,533
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 | €1,190,134 | €1,264,596 | +€74,462 | +6.3% |
| Fixed assets | 21/28 | €499,326 | €802,839 | +€303,513 | +60.8% |
| Tangible fixed assets | 22/27 | €499,259 | €802,772 | +€303,513 | +60.8% |
| Land and buildings | 22 | €487,704 | €759,080 | +€271,376 | +55.6% |
| Plant, machinery and equipment | 23 | €818 | €533 | -€285 | -34.8% |
| Furniture and vehicles | 24 | €10,737 | €6,628 | -€4,109 | -38.3% |
| Assets under construction and advance payments | 27 | - | €36,531 | +€36,531 | |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €690,808 | €461,757 | -€229,051 | -33.2% |
| Amounts receivable within one year | 40/41 | €522,445 | €207,009 | -€315,436 | -60.4% |
| Trade receivables | 40 | €502,541 | €192,747 | -€309,794 | -61.6% |
| Other amounts receivable | 41 | €19,904 | €14,262 | -€5,642 | -28.3% |
| Current investments | 50/53 | €19,883 | €19,883 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,480 | €234,865 | +€86,385 | +58.2% |
| Total equity and liabilities | 10/49 | €1,190,134 | €1,264,596 | +€74,462 | +6.3% |
| Equity | 10/15 | €111,560 | €196,649 | +€85,089 | +76.3% |
| Contributions | 10/11 | €112,400 | €112,400 | = | 0.0% |
| Capital | 10 | €112,400 | €112,400 | = | 0.0% |
| Issued capital | 100 | €118,600 | €118,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,700 | €82,389 | +€85,089 | |
| Provisions and deferred taxes | 16 | €611,953 | €611,953 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €611,953 | €611,953 | = | 0.0% |
| Other liabilities and charges | 164/5 | €611,953 | €611,953 | = | 0.0% |
| Amounts payable | 17/49 | €466,621 | €455,994 | -€10,627 | -2.3% |
| Amounts payable within one year | 42/48 | €466,621 | €455,994 | -€10,627 | -2.3% |
| Trade debts | 44 | €477 | - | -€477 | |
| Suppliers | 440/4 | €477 | - | -€477 | |
| Taxes, remuneration and social security | 45 | €33,368 | €16,501 | -€16,867 | -50.5% |
| Taxes | 450/3 | €27,209 | €13,250 | -€13,959 | -51.3% |
| Remuneration and social security | 454/9 | €6,159 | €3,251 | -€2,908 | -47.2% |
| Other amounts payable | 47/48 | €432,776 | €439,493 | +€6,717 | +1.6% |
| Turnover | 70 | €201,080 | €169,660 | -€31,420 | -15.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €122,174 | €128,607 | +€6,433 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,373 | €36,094 | +€10,721 | +42.3% |
| Other operating charges | 640/8 | €10,366 | €14,533 | +€4,167 | +40.2% |
| Gross operating margin | 9900 | €146,219 | €167,759 | +€21,540 | +14.7% |
| Operating profit (loss) | 9901 | €110,480 | €117,132 | +€6,652 | +6.0% |
| Financial income | 75/76B | €459 | €115 | -€344 | -74.9% |
| Recurring financial income | 75 | €459 | €115 | -€344 | -74.9% |
| Financial charges | 65/66B | €186 | €151 | -€35 | -18.8% |
| Recurring financial charges | 65 | €186 | €151 | -€35 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €110,753 | €117,096 | +€6,343 | +5.7% |
| Income taxes | 67/77 | €30,390 | €32,007 | +€1,617 | +5.3% |
| Profit (loss) for the period | 9904 | €80,363 | €85,089 | +€4,726 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,363 | €85,089 | +€4,726 | +5.9% |
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 16 October 2026 via checked.be.