LocationInsights: 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.
LocationInsights
Largest movements
- Tangible fixed assets +€120,582
up €120,582 (+520%), from €23,202 to €143,784
of which Land and buildings: +€120,530
- Receivables within one year +€20,974
up €20,974 (+104%), from €20,122 to €41,096
of which Trade receivables: +€20,671
- Cash -€7,123
down €7,123 (-100%), from €7,123 to €0
mainly Investment in fixed assets (net) (-€131,302) and Receivables within one year (-€20,974)
- Debts after one year +€102,004
new in 2025: €102,004
- Reserves +€16,912
up €16,912 (+54.3%), from €31,129 to €48,041
- Current portion of long-term debt +€10,424
new in 2025: €10,424
- Short-term financial debts +€6,752
new in 2025: €6,752
- Tax, wage and social debts -€4,212
down €4,212 (-27.5%), from €15,318 to €11,106
- Gross operating margin -€9,495
down €9,495 (-19.1%), from €49,695 to €40,200
- Depreciation +€6,194
up €6,194 (+137%), from €4,526 to €10,720
- Taxes -€5,263
down €5,263 (-37.5%), from €14,020 to €8,757
- Financial charges +€3,805
up €3,805 (+19,025%), from €20 to €3,825
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 | €50,447 | €185,610 | +€135,163 | +268% |
| Fixed assets | 21/28 | €23,202 | €143,784 | +€120,582 | +520% |
| Tangible fixed assets | 22/27 | €23,202 | €143,784 | +€120,582 | +520% |
| Land and buildings | 22 | €21,518 | €142,048 | +€120,530 | +560% |
| Furniture and vehicles | 24 | €1,684 | €1,737 | +€53 | +3.1% |
| Current assets | 29/58 | €27,245 | €41,826 | +€14,581 | +53.5% |
| Amounts receivable within one year | 40/41 | €20,122 | €41,096 | +€20,974 | +104% |
| Trade receivables | 40 | €13,062 | €33,733 | +€20,671 | +158% |
| Other amounts receivable | 41 | €7,060 | €7,363 | +€303 | +4.3% |
| Cash at bank and in hand | 54/58 | €7,123 | €0 | -€7,123 | -100% |
| Deferred charges and accrued income | 490/1 | - | €730 | +€730 | |
| Total equity and liabilities | 10/49 | €50,447 | €185,610 | +€135,163 | +268% |
| Equity | 10/15 | €35,129 | €52,041 | +€16,912 | +48.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,129 | €48,041 | +€16,912 | +54.3% |
| Distributable reserves | 133 | €31,129 | €48,041 | +€16,912 | +54.3% |
| Amounts payable | 17/49 | €15,318 | €133,569 | +€118,251 | +772% |
| Amounts payable after more than one year | 17 | - | €102,004 | +€102,004 | |
| Financial debts | 170/4 | - | €102,004 | +€102,004 | |
| Amounts payable within one year | 42/48 | €15,318 | €31,565 | +€16,247 | +106% |
| Current portion of amounts payable after more than one year | 42 | - | €10,424 | +€10,424 | |
| Financial debts | 43 | - | €6,752 | +€6,752 | |
| Credit institutions | 430/8 | - | €6,752 | +€6,752 | |
| Trade debts | 44 | - | €3,283 | +€3,283 | |
| Suppliers | 440/4 | - | €3,283 | +€3,283 | |
| Taxes, remuneration and social security | 45 | €15,318 | €11,106 | -€4,212 | -27.5% |
| Taxes | 450/3 | €15,318 | €11,106 | -€4,212 | -27.5% |
| Non-recurring operating income | 76A | €165 | €0 | -€165 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,526 | €10,720 | +€6,194 | +137% |
| Other operating charges | 640/8 | - | €391 | +€391 | |
| Gross operating margin | 9900 | €49,695 | €40,200 | -€9,495 | -19.1% |
| Operating profit (loss) | 9901 | €45,169 | €29,089 | -€16,080 | -35.6% |
| Financial income | 75/76B | - | €405 | +€405 | |
| Recurring financial income | 75 | - | €405 | +€405 | |
| Financial charges | 65/66B | €20 | €3,825 | +€3,805 | +19,025% |
| Recurring financial charges | 65 | €20 | €3,825 | +€3,805 | +19,025% |
| Profit (loss) for the period before taxes | 9903 | €45,149 | €25,669 | -€19,480 | -43.1% |
| Income taxes | 67/77 | €14,020 | €8,757 | -€5,263 | -37.5% |
| Profit (loss) for the period | 9904 | €31,129 | €16,911 | -€14,218 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,129 | €16,911 | -€14,218 | -45.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.