LOCATION ET GESTION: 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.
LOCATION ET GESTION
Largest movements
- Receivables within one year +€74,878
up €74,878 (+419%), from €17,863 to €92,741
of which Other amounts receivable: +€46,953
- Tangible fixed assets +€13,840
up €13,840 (+507%), from €2,732 to €16,572
- Cash -€12,171
down €12,171 (-5.0%), from €244,864 to €232,693
- Tax, wage and social debts +€80,594
up €80,594 (+144%), from €56,116 to €136,710
of which Taxes: +€57,075
- Trade debts -€22,329
down €22,329 (-66.1%), from €33,770 to €11,441
- Profit (loss) carried forward +€11,589
up €11,589 (+21.8%), from -€53,109 to -€41,520
- Accrued charges and deferred income +€4,113
up €4,113 (+84.2%), from €4,887 to €9,000
- Gross operating margin +€258,052
up €258,052 (+89.5%), from €288,324 to €546,376
- Staff costs +€229,388
up €229,388 (+76.1%), from €301,461 to €530,849
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,072 | €344,566 | +€74,494 | +27.6% |
| Fixed assets | 21/28 | €2,732 | €16,572 | +€13,840 | +507% |
| Tangible fixed assets | 22/27 | €2,732 | €16,572 | +€13,840 | +507% |
| Furniture and vehicles | 24 | €2,732 | €16,572 | +€13,840 | +507% |
| Current assets | 29/58 | €267,340 | €327,994 | +€60,654 | +22.7% |
| Amounts receivable within one year | 40/41 | €17,863 | €92,741 | +€74,878 | +419% |
| Trade receivables | 40 | €10,116 | €38,041 | +€27,925 | +276% |
| Other amounts receivable | 41 | €7,747 | €54,700 | +€46,953 | +606% |
| Cash at bank and in hand | 54/58 | €244,864 | €232,693 | -€12,171 | -5.0% |
| Deferred charges and accrued income | 490/1 | €4,613 | €2,560 | -€2,053 | -44.5% |
| Total equity and liabilities | 10/49 | €270,072 | €344,566 | +€74,494 | +27.6% |
| Equity | 10/15 | -€45,049 | -€33,460 | +€11,589 | +25.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,109 | -€41,520 | +€11,589 | +21.8% |
| Amounts payable | 17/49 | €315,121 | €378,026 | +€62,905 | +20.0% |
| Amounts payable after more than one year | 17 | €220,272 | €220,577 | +€305 | +0.1% |
| Other amounts payable | 178/9 | €220,272 | €220,577 | +€305 | +0.1% |
| Amounts payable within one year | 42/48 | €89,962 | €148,449 | +€58,487 | +65.0% |
| Trade debts | 44 | €33,770 | €11,441 | -€22,329 | -66.1% |
| Suppliers | 440/4 | €33,770 | €11,441 | -€22,329 | -66.1% |
| Taxes, remuneration and social security | 45 | €56,116 | €136,710 | +€80,594 | +144% |
| Taxes | 450/3 | €9,846 | €66,921 | +€57,075 | +580% |
| Remuneration and social security | 454/9 | €46,270 | €69,789 | +€23,519 | +50.8% |
| Other amounts payable | 47/48 | €76 | €298 | +€222 | +292% |
| Accrued charges and deferred income | 492/3 | €4,887 | €9,000 | +€4,113 | +84.2% |
| Remuneration, social security and pensions | 62 | €301,461 | €530,849 | +€229,388 | +76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €2,897 | +€1,486 | +105% |
| Other operating charges | 640/8 | €1,830 | €841 | -€989 | -54.0% |
| Gross operating margin | 9900 | €288,324 | €546,376 | +€258,052 | +89.5% |
| Operating profit (loss) | 9901 | -€16,378 | €11,789 | +€28,167 | |
| Financial income | 75/76B | €1 | €236 | +€235 | +23,500% |
| Recurring financial income | 75 | €1 | €236 | +€235 | +23,500% |
| Financial charges | 65/66B | €168 | €436 | +€268 | +160% |
| Recurring financial charges | 65 | €168 | €436 | +€268 | +160% |
| Profit (loss) for the period before taxes | 9903 | -€16,545 | €11,589 | +€28,134 | |
| Profit (loss) for the period | 9904 | -€16,545 | €11,589 | +€28,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,545 | €11,589 | +€28,134 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.