LOCATEUS: 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.
LOCATEUS
Largest movements
- Tangible fixed assets -€9,827
down €9,827 (-3.1%), from €317,121 to €307,294
of which Land and buildings: -€9,438
- Cash -€8,224
down €8,224 (-37.7%), from €21,810 to €13,586
mainly Debts after one year (-€11,203) and Other debts (-€3,053)
- Debts after one year -€11,203
down €11,203 (-5.5%), from €204,812 to €193,609
of which Financial debts: -€13,903
- Depreciation -€9,990
down €9,990 (-50.4%), from €19,817 to €9,827
- Other operating charges -€8,103
down €8,103 (-80.5%), from €10,072 to €1,969
- Financial charges -€6,591
down €6,591 (-42.9%), from €15,346 to €8,755
- Gross operating margin -€2,518
down €2,518 (-12.5%), from €20,101 to €17,583
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 | €461,933 | €445,151 | -€16,782 | -3.6% |
| Fixed assets | 21/28 | €317,121 | €307,294 | -€9,827 | -3.1% |
| Tangible fixed assets | 22/27 | €317,121 | €307,294 | -€9,827 | -3.1% |
| Land and buildings | 22 | €315,888 | €306,450 | -€9,438 | -3.0% |
| Plant, machinery and equipment | 23 | €996 | €844 | -€152 | -15.3% |
| Furniture and vehicles | 24 | €237 | - | -€237 | |
| Current assets | 29/58 | €144,813 | €137,857 | -€6,955 | -4.8% |
| Amounts receivable within one year | 40/41 | €123,003 | €124,271 | +€1,268 | +1.0% |
| Trade receivables | 40 | €1,200 | €1,218 | +€18 | +1.5% |
| Other amounts receivable | 41 | €121,803 | €123,053 | +€1,250 | +1.0% |
| Cash at bank and in hand | 54/58 | €21,810 | €13,586 | -€8,224 | -37.7% |
| Total equity and liabilities | 10/49 | €461,933 | €445,151 | -€16,782 | -3.6% |
| Equity | 10/15 | -€291,271 | -€294,239 | -€2,968 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€297,471 | -€300,439 | -€2,968 | -1.0% |
| Amounts payable | 17/49 | €753,205 | €739,390 | -€13,815 | -1.8% |
| Amounts payable after more than one year | 17 | €204,812 | €193,609 | -€11,203 | -5.5% |
| Financial debts | 170/4 | €204,812 | €190,909 | -€13,903 | -6.8% |
| Other amounts payable | 178/9 | - | €2,700 | +€2,700 | |
| Amounts payable within one year | 42/48 | €548,393 | €545,781 | -€2,612 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €91,628 | €92,178 | +€550 | +0.6% |
| Trade debts | 44 | €1,956 | €1,847 | -€109 | -5.6% |
| Suppliers | 440/4 | €1,956 | €1,847 | -€109 | -5.6% |
| Other amounts payable | 47/48 | €454,809 | €451,756 | -€3,053 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,817 | €9,827 | -€9,990 | -50.4% |
| Other operating charges | 640/8 | €10,072 | €1,969 | -€8,103 | -80.5% |
| Gross operating margin | 9900 | €20,101 | €17,583 | -€2,518 | -12.5% |
| Operating profit (loss) | 9901 | -€9,788 | €5,787 | +€15,575 | |
| Financial charges | 65/66B | €15,346 | €8,755 | -€6,591 | -42.9% |
| Recurring financial charges | 65 | €15,346 | €8,755 | -€6,591 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,134 | -€2,968 | +€22,166 | +88.2% |
| Profit (loss) for the period | 9904 | -€25,134 | -€2,968 | +€22,166 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,134 | -€2,968 | +€22,166 | +88.2% |
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 11 October 2026 via checked.be.