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LOCALUX: what changed

Two fiscal 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.

What changed

LOCALUX

BE 0472.047.530
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€63,752
2024 · €7,851+€55,901
Equity
€222,233
2024 · €158,481+€63,752
Cash
€11,073
2024 · €2,055+€9,018
Balance sheet total
€1.3m
2024 · €483,805+€838,588

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€863,927

    up €863,927 (+194.7%), from €443,652 to €1.3m

    of which Land and buildings: +€863,927

  • Receivables within one year -€35,162

    down €35,162 (-93.5%), from €37,625 to €2,463

Equity and liabilities
  • Debts after one year +€505,443

    up €505,443 (+167.0%), from €302,716 to €808,158

  • Other debts +€229,192

    new in 2025: €229,192

  • Profit (loss) carried forward +€63,752

    up €63,752 (+38.4%), from -€166,170 to -€102,418

  • Current portion of long-term debt +€31,906

    up €31,906 (+170.5%), from €18,712 to €50,619

Income statement
  • Gross operating margin +€191,601

    up €191,601 (+893.2%), from €21,452 to €213,054

  • Depreciation +€123,498

    up €123,498 (+5584.8%), from €2,211 to €125,709

  • Financial charges +€11,867

    up €11,867 (+155.0%), from €7,656 to €19,523

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,851
Gross operating margin +€191,601
Depreciation -€123,498
Other operating charges -€336
Financial charges -€11,867
Result 2025 €63,752

Cash bridge derived

cash 2024 to 2025

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.

From operations +€461,305
Investment -€989,636
Financing +€537,349
Cash 2024 €2,055
Net result for the year +€63,752
Depreciation +€125,709
Receivables within one year +€35,162
Deferred charges and accrued income -€805
Trade debts +€8,295
Other debts +€229,192
Investment in fixed assets (net) -€989,636
Debts after one year +€505,443
Current portion of long-term debt +€31,906
Cash 2025 €11,073
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €483,805 €1,322,392 +€838,588 +173.3%
Fixed assets 21/28 €443,652 €1,307,579 +€863,927 +194.7%
Tangible fixed assets 22/27 €443,652 €1,307,579 +€863,927 +194.7%
Land and buildings 22 €443,652 €1,307,579 +€863,927 +194.7%
Furniture and vehicles 24 €0 €0 = 0.0%
Current assets 29/58 €40,153 €14,813 -€25,340 -63.1%
Amounts receivable within one year 40/41 €37,625 €2,463 -€35,162 -93.5%
Other amounts receivable 41 €37,625 €2,463 -€35,162 -93.5%
Cash at bank and in hand 54/58 €2,055 €11,073 +€9,018 +438.7%
Deferred charges and accrued income 490/1 €472 €1,276 +€805 +170.5%
Total equity and liabilities 10/49 €483,805 €1,322,392 +€838,588 +173.3%
Equity 10/15 €158,481 €222,233 +€63,752 +40.2%
Contributions 10/11 €223,104 €223,104 = 0.0%
Capital 10 €223,104 €223,104 = 0.0%
Issued capital 100 €223,104 €223,104 = 0.0%
Revaluation surpluses 12 €100,000 €100,000 = 0.0%
Reserves 13 €1,547 €1,547 = 0.0%
Non-distributable reserves 130/1 €1,547 €1,547 = 0.0%
Legal reserve 130 €1,547 €1,547 = 0.0%
Profit (loss) carried forward 14 -€166,170 -€102,418 +€63,752 +38.4%
Amounts payable 17/49 €325,323 €1,100,159 +€774,836 +238.2%
Amounts payable after more than one year 17 €302,716 €808,158 +€505,443 +167.0%
Financial debts 170/4 €302,716 €808,158 +€505,443 +167.0%
Amounts payable within one year 42/48 €22,446 €291,839 +€269,393 +1200.2%
Current portion of amounts payable after more than one year 42 €18,712 €50,619 +€31,906 +170.5%
Trade debts 44 €3,734 €12,029 +€8,295 +222.2%
Suppliers 440/4 €3,734 €11,763 +€8,030 +215.1%
Bills of exchange payable 441 - €266 +€266
Other amounts payable 47/48 - €229,192 +€229,192
Accrued charges and deferred income 492/3 €161 €161 = 0.0%
Non-recurring operating income 76A - €156,368 +€156,368
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,211 €125,709 +€123,498 +5584.8%
Other operating charges 640/8 €3,734 €4,070 +€336 +9.0%
Gross operating margin 9900 €21,452 €213,054 +€191,601 +893.2%
Operating profit (loss) 9901 €15,507 €83,275 +€67,768 +437.0%
Financial charges 65/66B €7,656 €19,523 +€11,867 +155.0%
Recurring financial charges 65 €7,656 €19,523 +€11,867 +155.0%
Profit (loss) for the period before taxes 9903 €7,851 €63,752 +€55,901 +712.0%
Profit (loss) for the period 9904 €7,851 €63,752 +€55,901 +712.0%
Profit (loss) for the period to be appropriated 9905 €7,851 €63,752 +€55,901 +712.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.