LOCATO: what changed
Two fiscal 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.
LOCATO
Largest movements
- Receivables within one year +€39,849
up €39,849 (+82.0%), from €48,574 to €88,423
of which Trade receivables: +€39,993
- Cash -€13,814
down €13,814 (-23.7%), from €58,351 to €44,537
mainly Receivables within one year (-€39,849) and Stocks and contracts (-€10,158)
- Stocks and contracts +€10,158
up €10,158 (+278.9%), from €3,642 to €13,800
- Tangible fixed assets -€8,706
down €8,706 (-26.5%), from €32,884 to €24,178
of which Plant, machinery and equipment: -€5,149
- Trade debts +€21,614
up €21,614 (+40.9%), from €52,881 to €74,496
- Profit (loss) carried forward +€20,465
up €20,465 (+46.2%), from €44,299 to €64,764
- Tax, wage and social debts -€8,906
down €8,906 (-45.6%), from €19,521 to €10,615
of which Taxes: -€7,156
- Debts after one year -€5,514
down €5,514 (-32.8%), from €16,798 to €11,283
- Gross operating margin +€40,542
up €40,542, from -€2,052 to €38,489
- Taxes +€4,943
up €4,943 (+1245.5%), from €397 to €5,340
- Depreciation +€1,338
up €1,338 (+13.5%), from €9,922 to €11,259
- Other operating charges -€632
down €632 (-65.7%), from €962 to €330
- Financial charges +€564
up €564 (+105.9%), from €532 to €1,096
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 | €150,415 | €177,864 | +€27,448 | +18.2% |
| Fixed assets | 21/28 | €39,589 | €30,883 | -€8,706 | -22.0% |
| Tangible fixed assets | 22/27 | €32,884 | €24,178 | -€8,706 | -26.5% |
| Plant, machinery and equipment | 23 | €10,544 | €5,395 | -€5,149 | -48.8% |
| Furniture and vehicles | 24 | €22,340 | €18,783 | -€3,557 | -15.9% |
| Financial fixed assets | 28 | €6,706 | €6,706 | = | 0.0% |
| Current assets | 29/58 | €110,826 | €146,980 | +€36,154 | +32.6% |
| Stocks and contracts in progress | 3 | €3,642 | €13,800 | +€10,158 | +278.9% |
| Stocks | 30/36 | €3,642 | €13,800 | +€10,158 | +278.9% |
| Amounts receivable within one year | 40/41 | €48,574 | €88,423 | +€39,849 | +82.0% |
| Trade receivables | 40 | €48,430 | €88,423 | +€39,993 | +82.6% |
| Other amounts receivable | 41 | €144 | - | -€144 | |
| Cash at bank and in hand | 54/58 | €58,351 | €44,537 | -€13,814 | -23.7% |
| Deferred charges and accrued income | 490/1 | €259 | €220 | -€39 | -14.9% |
| Total equity and liabilities | 10/49 | €150,415 | €177,864 | +€27,448 | +18.2% |
| Equity | 10/15 | €52,360 | €72,825 | +€20,465 | +39.1% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 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 | €44,299 | €64,764 | +€20,465 | +46.2% |
| Amounts payable | 17/49 | €98,055 | €105,039 | +€6,984 | +7.1% |
| Amounts payable after more than one year | 17 | €16,798 | €11,283 | -€5,514 | -32.8% |
| Financial debts | 170/4 | €16,798 | €11,283 | -€5,514 | -32.8% |
| Amounts payable within one year | 42/48 | €81,173 | €93,755 | +€12,582 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €5,273 | €5,514 | +€241 | +4.6% |
| Trade debts | 44 | €52,881 | €74,496 | +€21,614 | +40.9% |
| Suppliers | 440/4 | €52,881 | €74,496 | +€21,614 | +40.9% |
| Taxes, remuneration and social security | 45 | €19,521 | €10,615 | -€8,906 | -45.6% |
| Taxes | 450/3 | €17,771 | €10,615 | -€7,156 | -40.3% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | €3,498 | €3,130 | -€368 | -10.5% |
| Accrued charges and deferred income | 492/3 | €84 | - | -€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,922 | €11,259 | +€1,338 | +13.5% |
| Other operating charges | 640/8 | €962 | €330 | -€632 | -65.7% |
| Gross operating margin | 9900 | -€2,052 | €38,489 | +€40,542 | |
| Operating profit (loss) | 9901 | -€12,936 | €26,900 | +€39,836 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -96.7% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -96.7% |
| Financial charges | 65/66B | €532 | €1,096 | +€564 | +105.9% |
| Recurring financial charges | 65 | €532 | €1,096 | +€564 | +105.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,453 | €25,805 | +€39,258 | |
| Income taxes | 67/77 | €397 | €5,340 | +€4,943 | +1245.5% |
| Profit (loss) for the period | 9904 | -€13,850 | €20,465 | +€34,314 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,850 | €20,465 | +€34,314 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.