LOCATAX: 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.
LOCATAX
Largest movements
- Receivables within one year -€9,564
down €9,564 (-76.4%), from €12,520 to €2,956
of which Other amounts receivable: -€10,969
- Cash -€2,480
down €2,480 (-32.8%), from €7,568 to €5,088
mainly Contributions, distributions and other (-€11,321) and Trade debts (-€1,616)
- Profit (loss) carried forward -€10,429
down €10,429, from €3,004 to -€7,425
- Trade debts -€1,616
down €1,616 (-74.2%), from €2,177 to €562
- Gross operating margin -€37,967
down €37,967 (-88.3%), from €42,974 to €5,006
- Staff costs -€21,749
down €21,749 (-91.5%), from €23,782 to €2,033
- Other operating charges +€821
up €821 (+85.4%), from €961 to €1,782
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 | €23,782 | €11,737 | -€12,044 | -50.6% |
| Fixed assets | 21/28 | €3,694 | €3,694 | = | 0.0% |
| Financial fixed assets | 28 | €3,694 | €3,694 | = | 0.0% |
| Current assets | 29/58 | €20,088 | €8,044 | -€12,044 | -60.0% |
| Amounts receivable within one year | 40/41 | €12,520 | €2,956 | -€9,564 | -76.4% |
| Trade receivables | 40 | - | €1,405 | +€1,405 | |
| Other amounts receivable | 41 | €12,520 | €1,551 | -€10,969 | -87.6% |
| Cash at bank and in hand | 54/58 | €7,568 | €5,088 | -€2,480 | -32.8% |
| Total equity and liabilities | 10/49 | €23,782 | €11,737 | -€12,044 | -50.6% |
| Equity | 10/15 | €21,604 | €11,175 | -€10,429 | -48.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,004 | -€7,425 | -€10,429 | |
| Amounts payable | 17/49 | €2,177 | €562 | -€1,616 | -74.2% |
| Amounts payable within one year | 42/48 | €2,177 | €562 | -€1,616 | -74.2% |
| Trade debts | 44 | €2,177 | €562 | -€1,616 | -74.2% |
| Suppliers | 440/4 | €2,177 | €562 | -€1,616 | -74.2% |
| Remuneration, social security and pensions | 62 | €23,782 | €2,033 | -€21,749 | -91.5% |
| Other operating charges | 640/8 | €961 | €1,782 | +€821 | +85.4% |
| Gross operating margin | 9900 | €42,974 | €5,006 | -€37,967 | -88.3% |
| Operating profit (loss) | 9901 | €18,231 | €1,192 | -€17,039 | -93.5% |
| Financial charges | 65/66B | €261 | €300 | +€39 | +14.9% |
| Recurring financial charges | 65 | €261 | €300 | +€39 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €17,970 | €892 | -€17,078 | -95.0% |
| Profit (loss) for the period | 9904 | €17,970 | €892 | -€17,078 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,970 | €892 | -€17,078 | -95.0% |
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 13 October 2026 via checked.be.