Localitel: 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.
Localitel
Largest movements
- Current investments +€90,046
up €90,046 (+37.5%), from €239,976 to €330,022
- Cash +€70,436
up €70,436 (+603.0%), from €11,681 to €82,117
mainly Net result for the year (+€109,437) and Other debts (+€71,379)
- Receivables within one year -€6,670
down €6,670 (-11.6%), from €57,258 to €50,589
of which Other amounts receivable: -€7,468
- Other debts +€71,379
up €71,379, from €0 to €71,379
- Tax, wage and social debts +€45,078
up €45,078 (+136.6%), from €33,009 to €78,087
- Reserves +€33,095
up €33,095 (+13.2%), from €251,230 to €284,326
of which Distributable reserves: +€33,095
- Financial income +€84,059
up €84,059 (+4036.6%), from €2,082 to €86,141
of which Non-recurring financial income: +€84,707
- Gross operating margin +€63,609
up €63,609 (+291.1%), from €21,855 to €85,464
- Taxes +€49,200
up €49,200 (+966.0%), from €5,093 to €54,293
- Other operating charges -€1,795
down €1,795 (-69.6%), from €2,578 to €783
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 | €310,584 | €463,790 | +€153,206 | +49.3% |
| Fixed assets | 21/28 | €1,668 | €1,062 | -€606 | -36.3% |
| Tangible fixed assets | 22/27 | €1,481 | €875 | -€606 | -40.9% |
| Furniture and vehicles | 24 | €1,481 | €875 | -€606 | -40.9% |
| Financial fixed assets | 28 | €188 | €188 | = | 0.0% |
| Current assets | 29/58 | €308,916 | €462,727 | +€153,812 | +49.8% |
| Amounts receivable within one year | 40/41 | €57,258 | €50,589 | -€6,670 | -11.6% |
| Trade receivables | 40 | €41,058 | €41,857 | +€798 | +1.9% |
| Other amounts receivable | 41 | €16,200 | €8,732 | -€7,468 | -46.1% |
| Current investments | 50/53 | €239,976 | €330,022 | +€90,046 | +37.5% |
| Cash at bank and in hand | 54/58 | €11,681 | €82,117 | +€70,436 | +603.0% |
| Total equity and liabilities | 10/49 | €310,584 | €463,790 | +€153,206 | +49.3% |
| Equity | 10/15 | €272,260 | €305,355 | +€33,095 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,230 | €284,326 | +€33,095 | +13.2% |
| 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 | €249,370 | €282,466 | +€33,095 | +13.3% |
| Profit (loss) carried forward | 14 | €2,430 | €2,430 | = | 0.0% |
| Amounts payable | 17/49 | €38,324 | €158,435 | +€120,111 | +313.4% |
| Amounts payable within one year | 42/48 | €38,324 | €158,435 | +€120,111 | +313.4% |
| Trade debts | 44 | €5,315 | €8,969 | +€3,654 | +68.7% |
| Suppliers | 440/4 | €5,315 | €8,969 | +€3,654 | +68.7% |
| Taxes, remuneration and social security | 45 | €33,009 | €78,087 | +€45,078 | +136.6% |
| Taxes | 450/3 | €33,009 | €78,087 | +€45,078 | +136.6% |
| Other amounts payable | 47/48 | €0 | €71,379 | +€71,379 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €28 | €0 | -€28 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €606 | +€269 | +79.9% |
| Other operating charges | 640/8 | €2,578 | €783 | -€1,795 | -69.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €21,855 | €85,464 | +€63,609 | +291.1% |
| Operating profit (loss) | 9901 | €18,912 | €84,075 | +€65,163 | +344.6% |
| Financial income | 75/76B | €2,082 | €86,141 | +€84,059 | +4036.6% |
| Recurring financial income | 75 | €2,082 | €1,434 | -€648 | -31.1% |
| Non-recurring financial income | 76B | - | €84,707 | +€84,707 | |
| Financial charges | 65/66B | €6,084 | €6,486 | +€402 | +6.6% |
| Recurring financial charges | 65 | €6,084 | €6,486 | +€402 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €14,910 | €163,730 | +€148,820 | +998.1% |
| Income taxes | 67/77 | €5,093 | €54,293 | +€49,200 | +966.0% |
| Profit (loss) for the period | 9904 | €9,817 | €109,437 | +€99,620 | +1014.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,817 | €109,437 | +€99,620 | +1014.8% |
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 9 October 2026 via checked.be.