Locatra: 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.
Locatra
Largest movements
- Cash -€60,735
down €60,735 (-32.3%), from €188,208 to €127,473
mainly Receivables within one year (-€55,447) and Stocks and contracts (-€32,500)
- Receivables within one year +€55,447
up €55,447 (+26.2%), from €211,473 to €266,920
of which Trade receivables: +€61,862
- Stocks and contracts +€32,500
up €32,500 (+433.3%), from €7,500 to €40,000
- Reserves +€21,371
up €21,371 (+16.9%), from €126,183 to €147,553
of which Distributable reserves: +€21,371
- Gross operating margin +€29,432
up €29,432 (+52.3%), from €56,249 to €85,681
- Staff costs +€6,541
up €6,541 (+23.3%), from €28,031 to €34,572
- Taxes +€4,903
up €4,903 (+126.5%), from €3,877 to €8,781
- Financial charges +€1,058
up €1,058 (+6.1%), from €17,398 to €18,456
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 | €764,620 | €788,037 | +€23,417 | +3.1% |
| Fixed assets | 21/28 | €219,074 | €219,074 | = | 0.0% |
| Tangible fixed assets | 22/27 | €213,845 | €213,845 | = | 0.0% |
| Land and buildings | 22 | €213,845 | €213,845 | = | 0.0% |
| Financial fixed assets | 28 | €5,229 | €5,229 | = | 0.0% |
| Current assets | 29/58 | €545,546 | €568,963 | +€23,417 | +4.3% |
| Stocks and contracts in progress | 3 | €7,500 | €40,000 | +€32,500 | +433.3% |
| Stocks | 30/36 | €7,500 | €40,000 | +€32,500 | +433.3% |
| Amounts receivable within one year | 40/41 | €211,473 | €266,920 | +€55,447 | +26.2% |
| Trade receivables | 40 | €194,632 | €256,493 | +€61,862 | +31.8% |
| Other amounts receivable | 41 | €16,842 | €10,427 | -€6,415 | -38.1% |
| Current investments | 50/53 | €2,059 | €2,059 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €188,208 | €127,473 | -€60,735 | -32.3% |
| Deferred charges and accrued income | 490/1 | €136,306 | €132,511 | -€3,795 | -2.8% |
| Total equity and liabilities | 10/49 | €764,620 | €788,037 | +€23,417 | +3.1% |
| Equity | 10/15 | €246,783 | €268,154 | +€21,371 | +8.7% |
| Contributions | 10/11 | €120,600 | €120,600 | = | 0.0% |
| Reserves | 13 | €126,183 | €147,553 | +€21,371 | +16.9% |
| Non-distributable reserves | 130/1 | €12,060 | €12,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,060 | €12,060 | = | 0.0% |
| Distributable reserves | 133 | €114,123 | €135,493 | +€21,371 | +18.7% |
| Amounts payable | 17/49 | €517,837 | €519,883 | +€2,047 | +0.4% |
| Amounts payable within one year | 42/48 | €517,837 | €519,883 | +€2,047 | +0.4% |
| Trade debts | 44 | €81,368 | €80,844 | -€524 | -0.6% |
| Suppliers | 440/4 | €81,368 | €80,844 | -€524 | -0.6% |
| Taxes, remuneration and social security | 45 | €8,113 | €7,926 | -€187 | -2.3% |
| Taxes | 450/3 | €161 | €99 | -€62 | -38.7% |
| Remuneration and social security | 454/9 | €7,952 | €7,828 | -€125 | -1.6% |
| Other amounts payable | 47/48 | €428,356 | €431,113 | +€2,758 | +0.6% |
| Remuneration, social security and pensions | 62 | €28,031 | €34,572 | +€6,541 | +23.3% |
| Other operating charges | 640/8 | €3,620 | €2,845 | -€775 | -21.4% |
| Gross operating margin | 9900 | €56,249 | €85,681 | +€29,432 | +52.3% |
| Operating profit (loss) | 9901 | €24,598 | €48,264 | +€23,666 | +96.2% |
| Financial income | 75/76B | €834 | €343 | -€490 | -58.8% |
| Recurring financial income | 75 | €834 | €343 | -€490 | -58.8% |
| Financial charges | 65/66B | €17,398 | €18,456 | +€1,058 | +6.1% |
| Recurring financial charges | 65 | €17,398 | €18,456 | +€1,058 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €8,034 | €30,151 | +€22,117 | +275.3% |
| Income taxes | 67/77 | €3,877 | €8,781 | +€4,903 | +126.5% |
| Profit (loss) for the period | 9904 | €4,157 | €21,371 | +€17,214 | +414.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,157 | €21,371 | +€17,214 | +414.1% |
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 2 October 2026 via checked.be.