Locanet: 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.
What changed
Locanet
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€118,335
2023 · €18,908+€99,427
Equity
€1.1m
2023 · €994,054+€118,335
Cash
€279,468
2023 · €102,160+€177,308
Balance sheet total
€1.9m
2023 · €1.7m+€119,683
Largest movements
Assets
- Cash +€177,308
up €177,308 (+174%), from €102,160 to €279,468
mainly Net result for the year (+€118,335) and Trade debts (+€115,406)
- Receivables within one year -€75,947
down €75,947 (-8.0%), from €945,954 to €870,007
of which Trade receivables: -€74,439
- Financial fixed assets +€35,381
up €35,381 (+6.5%), from €541,350 to €576,731
Equity and liabilities
- Profit (loss) carried forward +€118,335
up €118,335 (+14.3%), from €826,736 to €945,071
- Trade debts +€115,406
up €115,406 (+32.8%), from €352,182 to €467,588
- Short-term financial debts -€27,693
down €27,693 (-29.8%), from €93,030 to €65,337
- Advances received -€27,124
down €27,124 (-65.0%), from €41,736 to €14,612
- Accrued charges and deferred income -€20,866
down €20,866 (-62.9%), from €33,199 to €12,333
Income statement
- Gross operating margin +€141,131
up €141,131 (+18.8%), from €751,688 to €892,819
- Taxes +€35,474
up €35,474 (+480%), from €7,384 to €42,858
- Staff costs +€12,849
up €12,849 (+1.9%), from €675,187 to €688,036
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.
Result 2023
€18,908
Gross operating margin
+€141,131
Staff costs
-€12,849
Depreciation
+€3,658
Other operating charges
+€3,312
Other operating items
+€125
Financial income
-€6,751
Financial charges
+€6,275
Taxes
-€35,474
Result 2024
€118,335
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€278,155
Investment
-€55,133
Financing
-€45,714
Cash 2023
€102,160
From operations (derived)
+€278,155
Net result for the year
+€118,335
Depreciation
+€20,416
Stocks and contracts
+€3,541
Receivables within one year
+€75,947
Deferred charges and accrued income
+€12,854
Trade debts
+€115,406
Tax, wage and social debts
-€13,208
Advances received
-€27,124
Other debts
-€7,146
Accrued charges and deferred income
-€20,866
Investment (derived)
-€55,133
Investment in fixed assets (net)
-€55,133
Financing
-€45,714
Debts after one year
-€3,938
Current portion of long-term debt
-€14,083
Short-term financial debts
-€27,693
Cash 2024
€279,468
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,746,119 | €1,865,802 | +€119,683 | +6.9% |
| Fixed assets | 21/28 | €631,389 | €666,106 | +€34,717 | +5.5% |
| Intangible fixed assets | 21 | - | €17,777 | +€17,777 | |
| Tangible fixed assets | 22/27 | €90,039 | €71,598 | -€18,441 | -20.5% |
| Land and buildings | 22 | €59,934 | €56,270 | -€3,664 | -6.1% |
| Plant, machinery and equipment | 23 | €5,934 | €2,414 | -€3,520 | -59.3% |
| Furniture and vehicles | 24 | €24,171 | €12,914 | -€11,257 | -46.6% |
| Financial fixed assets | 28 | €541,350 | €576,731 | +€35,381 | +6.5% |
| Current assets | 29/58 | €1,114,730 | €1,199,696 | +€84,966 | +7.6% |
| Stocks and contracts in progress | 3 | €31,586 | €28,045 | -€3,541 | -11.2% |
| Stocks | 30/36 | €6,796 | €6,796 | = | 0.0% |
| Contracts in progress | 37 | €24,790 | €21,249 | -€3,541 | -14.3% |
| Amounts receivable within one year | 40/41 | €945,954 | €870,007 | -€75,947 | -8.0% |
| Trade receivables | 40 | €903,698 | €829,259 | -€74,439 | -8.2% |
| Other amounts receivable | 41 | €42,256 | €40,748 | -€1,508 | -3.6% |
| Current investments | 50/53 | €826 | €826 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,160 | €279,468 | +€177,308 | +174% |
| Deferred charges and accrued income | 490/1 | €34,204 | €21,350 | -€12,854 | -37.6% |
| Total equity and liabilities | 10/49 | €1,746,119 | €1,865,802 | +€119,683 | +6.9% |
| Equity | 10/15 | €994,054 | €1,112,389 | +€118,335 | +11.9% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Capital | 10 | €37,184 | €37,184 | = | 0.0% |
| Issued capital | 100 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €130,134 | €130,134 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130,134 | €130,134 | = | 0.0% |
| Legal reserve | 130 | €39,628 | €39,628 | = | 0.0% |
| Other | 1319 | €90,506 | €90,506 | = | 0.0% |
| Profit (loss) carried forward | 14 | €826,736 | €945,071 | +€118,335 | +14.3% |
| Amounts payable | 17/49 | €752,065 | €753,413 | +€1,348 | +0.2% |
| Amounts payable after more than one year | 17 | €7,266 | €3,328 | -€3,938 | -54.2% |
| Trade debts | 175 | €7,266 | €3,328 | -€3,938 | -54.2% |
| Amounts payable within one year | 42/48 | €711,600 | €737,752 | +€26,152 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €18,221 | €4,138 | -€14,083 | -77.3% |
| Financial debts | 43 | €93,030 | €65,337 | -€27,693 | -29.8% |
| Credit institutions | 430/8 | €93,030 | €65,337 | -€27,693 | -29.8% |
| Trade debts | 44 | €352,182 | €467,588 | +€115,406 | +32.8% |
| Suppliers | 440/4 | €352,182 | €467,588 | +€115,406 | +32.8% |
| Advances received on contracts in progress | 46 | €41,736 | €14,612 | -€27,124 | -65.0% |
| Taxes, remuneration and social security | 45 | €144,024 | €130,816 | -€13,208 | -9.2% |
| Taxes | 450/3 | €37,378 | €28,646 | -€8,732 | -23.4% |
| Remuneration and social security | 454/9 | €106,646 | €102,170 | -€4,476 | -4.2% |
| Other amounts payable | 47/48 | €62,407 | €55,261 | -€7,146 | -11.5% |
| Accrued charges and deferred income | 492/3 | €33,199 | €12,333 | -€20,866 | -62.9% |
| Remuneration, social security and pensions | 62 | €675,187 | €688,036 | +€12,849 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,074 | €20,416 | -€3,658 | -15.2% |
| Other operating charges | 640/8 | €21,548 | €18,236 | -€3,312 | -15.4% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | €751,688 | €892,819 | +€141,131 | +18.8% |
| Operating profit (loss) | 9901 | €30,754 | €166,131 | +€135,377 | +440% |
| Financial income | 75/76B | €9,553 | €2,802 | -€6,751 | -70.7% |
| Recurring financial income | 75 | €9,553 | €2,802 | -€6,751 | -70.7% |
| Financial charges | 65/66B | €14,015 | €7,740 | -€6,275 | -44.8% |
| Recurring financial charges | 65 | €9,273 | €6,124 | -€3,149 | -34.0% |
| Non-recurring financial charges | 66B | €4,742 | €1,616 | -€3,126 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €26,292 | €161,193 | +€134,901 | +513% |
| Income taxes | 67/77 | €7,384 | €42,858 | +€35,474 | +480% |
| Profit (loss) for the period | 9904 | €18,908 | €118,335 | +€99,427 | +526% |
| Profit (loss) for the period to be appropriated | 9905 | €18,908 | €118,335 | +€99,427 | +526% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.