Locii: 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.
Locii
Largest movements
- Tangible fixed assets -€41,374
down €41,374 (-26.7%), from €154,680 to €113,306
of which Furniture and vehicles: -€42,258
- Cash +€11,176
new in 2025: €11,176
mainly Depreciation (+€71,393) and Net result for the year (+€31,900)
- Receivables within one year -€8,729
down €8,729 (-7.5%), from €115,941 to €107,213
of which Other amounts receivable: -€29,405
- Debts after one year -€61,442
down €61,442 (-35.7%), from €172,128 to €110,686
- Profit (loss) carried forward +€31,900
up €31,900, from -€21,786 to €10,115
- Short-term financial debts -€17,016
down €17,016 (-98.8%), from €17,221 to €205
- Other debts +€7,438
new in 2025: €7,438
- Gross operating margin +€58,144
up €58,144 (+96.7%), from €60,109 to €118,253
- Write-downs -€12,653
down €12,653 (-90.0%), from €14,055 to €1,402
- Depreciation +€6,787
up €6,787 (+10.5%), from €64,606 to €71,393
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 | €271,522 | €232,443 | -€39,079 | -14.4% |
| Fixed assets | 21/28 | €155,580 | €113,906 | -€41,674 | -26.8% |
| Intangible fixed assets | 21 | €900 | €600 | -€300 | -33.3% |
| Tangible fixed assets | 22/27 | €154,680 | €113,306 | -€41,374 | -26.7% |
| Plant, machinery and equipment | 23 | €3,403 | €4,286 | +€884 | +26.0% |
| Furniture and vehicles | 24 | €151,278 | €109,019 | -€42,258 | -27.9% |
| Current assets | 29/58 | €115,941 | €118,537 | +€2,596 | +2.2% |
| Amounts receivable within one year | 40/41 | €115,941 | €107,213 | -€8,729 | -7.5% |
| Trade receivables | 40 | €46,651 | €67,327 | +€20,676 | +44.3% |
| Other amounts receivable | 41 | €69,290 | €39,886 | -€29,405 | -42.4% |
| Cash at bank and in hand | 54/58 | - | €11,176 | +€11,176 | |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €271,522 | €232,443 | -€39,079 | -14.4% |
| Equity | 10/15 | €3,214 | €35,115 | +€31,900 | +992.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,786 | €10,115 | +€31,900 | |
| Amounts payable | 17/49 | €268,307 | €197,329 | -€70,979 | -26.5% |
| Amounts payable after more than one year | 17 | €172,128 | €110,686 | -€61,442 | -35.7% |
| Financial debts | 170/4 | €172,128 | €110,686 | -€61,442 | -35.7% |
| Amounts payable within one year | 42/48 | €96,179 | €86,642 | -€9,537 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €63,137 | €61,442 | -€1,696 | -2.7% |
| Financial debts | 43 | €17,221 | €205 | -€17,016 | -98.8% |
| Credit institutions | 430/8 | €17,221 | €205 | -€17,016 | -98.8% |
| Trade debts | 44 | €14,925 | €14,314 | -€611 | -4.1% |
| Suppliers | 440/4 | €14,925 | €14,314 | -€611 | -4.1% |
| Advances received on contracts in progress | 46 | €895 | €895 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €2,349 | +€2,349 | |
| Taxes | 450/3 | - | €2,349 | +€2,349 | |
| Other amounts payable | 47/48 | - | €7,438 | +€7,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,606 | €71,393 | +€6,787 | +10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,055 | €1,402 | -€12,653 | -90.0% |
| Other operating charges | 640/8 | €1,700 | €1,455 | -€246 | -14.4% |
| Gross operating margin | 9900 | €60,109 | €118,253 | +€58,144 | +96.7% |
| Operating profit (loss) | 9901 | -€20,253 | €44,002 | +€64,255 | |
| Financial income | 75/76B | €297 | €1,274 | +€977 | +329.1% |
| Recurring financial income | 75 | €297 | €1,274 | +€977 | +329.1% |
| Financial charges | 65/66B | €12,846 | €13,237 | +€391 | +3.0% |
| Recurring financial charges | 65 | €12,846 | €13,237 | +€391 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,801 | €32,040 | +€64,841 | |
| Income taxes | 67/77 | - | €140 | +€140 | |
| Profit (loss) for the period | 9904 | -€32,801 | €31,900 | +€64,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,801 | €31,900 | +€64,701 |
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.