LOCATRAY: 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.
LOCATRAY
Largest movements
- Cash +€3,828
new in 2025: €3,828
mainly Net result for the year (+€7,824) and Depreciation (+€2,584)
- Profit (loss) carried forward +€7,824
up €7,824 (+4.2%), from -€188,520 to -€180,696
- Short-term financial debts -€6,146
no longer reported in 2025 (was €6,146)
- Depreciation +€734
up €734 (+39.7%), from €1,850 to €2,584
- Financial charges -€539
down €539 (-38.0%), from €1,419 to €880
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 | €303,090 | €306,691 | +€3,601 | +1.2% |
| Fixed assets | 21/28 | €303,090 | €302,863 | -€227 | -0.1% |
| Tangible fixed assets | 22/27 | €303,090 | €302,863 | -€227 | -0.1% |
| Land and buildings | 22 | €292,019 | €292,019 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,274 | €9,700 | +€426 | +4.6% |
| Furniture and vehicles | 24 | €1,797 | €1,144 | -€653 | -36.3% |
| Current assets | 29/58 | - | €3,828 | +€3,828 | |
| Cash at bank and in hand | 54/58 | - | €3,828 | +€3,828 | |
| Total equity and liabilities | 10/49 | €303,090 | €306,691 | +€3,601 | +1.2% |
| Equity | 10/15 | €281,520 | €289,344 | +€7,824 | +2.8% |
| Contributions | 10/11 | €466,040 | €466,040 | = | 0.0% |
| Capital | 10 | €466,040 | €466,040 | = | 0.0% |
| Issued capital | 100 | €466,040 | €466,040 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Legal reserve | 130 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,520 | -€180,696 | +€7,824 | +4.2% |
| Amounts payable | 17/49 | €21,570 | €17,347 | -€4,223 | -19.6% |
| Amounts payable within one year | 42/48 | €19,720 | €15,373 | -€4,347 | -22.0% |
| Financial debts | 43 | €6,146 | - | -€6,146 | |
| Credit institutions | 430/8 | €6,146 | - | -€6,146 | |
| Trade debts | 44 | - | €1,799 | +€1,799 | |
| Suppliers | 440/4 | - | €1,799 | +€1,799 | |
| Other amounts payable | 47/48 | €13,574 | €13,574 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,850 | €1,974 | +€124 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,850 | €2,584 | +€734 | +39.7% |
| Other operating charges | 640/8 | €1,938 | €1,850 | -€88 | -4.6% |
| Gross operating margin | 9900 | €13,122 | €13,139 | +€17 | +0.1% |
| Operating profit (loss) | 9901 | €9,334 | €8,705 | -€629 | -6.7% |
| Financial charges | 65/66B | €1,419 | €880 | -€539 | -38.0% |
| Recurring financial charges | 65 | €1,419 | €880 | -€539 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €7,915 | €7,824 | -€90 | -1.1% |
| Profit (loss) for the period | 9904 | €7,915 | €7,824 | -€90 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,915 | €7,824 | -€90 | -1.1% |
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 6 October 2026 via checked.be.