LOCAS: 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.
LOCAS
Largest movements
- Cash +€47,270
up €47,270 (+31.7%), from €149,071 to €196,341
mainly Net result for the year (+€51,389) and Receivables within one year (+€2,262)
- Receivables within one year -€2,262
down €2,262 (-13.6%), from €16,581 to €14,318
of which Trade receivables: -€3,535
- Profit (loss) carried forward +€51,389
up €51,389 (+36.2%), from €142,038 to €193,427
- Tax, wage and social debts -€5,849
down €5,849 (-21.9%), from €26,748 to €20,899
of which Taxes: -€4,270
- Gross operating margin -€17,220
down €17,220 (-20.1%), from €85,470 to €68,250
- Taxes -€3,570
down €3,570 (-20.4%), from €17,500 to €13,930
- Depreciation +€1,340
up €1,340 (+241%), from €555 to €1,895
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 | €171,431 | €216,982 | +€45,551 | +26.6% |
| Fixed assets | 21/28 | €5,779 | €6,322 | +€544 | +9.4% |
| Tangible fixed assets | 22/27 | €5,779 | €6,322 | +€544 | +9.4% |
| Plant, machinery and equipment | 23 | €5,779 | €6,322 | +€544 | +9.4% |
| Current assets | 29/58 | €165,652 | €210,660 | +€45,008 | +27.2% |
| Amounts receivable within one year | 40/41 | €16,581 | €14,318 | -€2,262 | -13.6% |
| Trade receivables | 40 | €16,500 | €12,965 | -€3,535 | -21.4% |
| Other amounts receivable | 41 | €81 | €1,354 | +€1,273 | +1,580% |
| Cash at bank and in hand | 54/58 | €149,071 | €196,341 | +€47,270 | +31.7% |
| Total equity and liabilities | 10/49 | €171,431 | €216,982 | +€45,551 | +26.6% |
| Equity | 10/15 | €144,038 | €195,427 | +€51,389 | +35.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,038 | €193,427 | +€51,389 | +36.2% |
| Amounts payable | 17/49 | €27,393 | €21,555 | -€5,838 | -21.3% |
| Amounts payable within one year | 42/48 | €27,393 | €21,555 | -€5,838 | -21.3% |
| Trade debts | 44 | €646 | €657 | +€11 | +1.7% |
| Suppliers | 440/4 | €646 | €657 | +€11 | +1.7% |
| Taxes, remuneration and social security | 45 | €26,748 | €20,899 | -€5,849 | -21.9% |
| Taxes | 450/3 | €25,168 | €20,899 | -€4,270 | -17.0% |
| Remuneration and social security | 454/9 | €1,579 | - | -€1,579 | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €1,895 | +€1,340 | +241% |
| Other operating charges | 640/8 | €684 | €828 | +€143 | +21.0% |
| Gross operating margin | 9900 | €85,470 | €68,250 | -€17,220 | -20.1% |
| Operating profit (loss) | 9901 | €84,231 | €65,528 | -€18,703 | -22.2% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €42 | €243 | +€201 | +485% |
| Recurring financial charges | 65 | €42 | €243 | +€201 | +485% |
| Profit (loss) for the period before taxes | 9903 | €84,189 | €65,319 | -€18,870 | -22.4% |
| Income taxes | 67/77 | €17,500 | €13,930 | -€3,570 | -20.4% |
| Profit (loss) for the period | 9904 | €66,690 | €51,389 | -€15,300 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,690 | €51,389 | -€15,300 | -22.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.