LOCK’IMMO: 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.
What changed
LOCK’IMMO
NACE 52.100, Warehousing and storage
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€496,560
2024 · €682,155-€185,595
Equity
€29.8m
2024 · €29.3m+€496,560
Cash
€20,794
2024 · €105,671-€84,878
Balance sheet total
€43.0m
2024 · €39.8m+€3.2m
Largest movements
Assets
- Financial fixed assets +€12.2m
up €12.2m (+45.4%), from €27.0m to €39.2m
of which Affiliated companies: +€12.2m
- Receivables within one year -€8.8m
down €8.8m (-79.7%), from €11.0m to €2.2m
of which Other amounts receivable: -€8.5m
Equity and liabilities
- Other debts +€3.2m
up €3.2m (+1277.5%), from €250,000 to €3.4m
- Debts after one year -€2.5m
down €2.5m (-29.6%), from €8.3m to €5.8m
of which Financial debts: -€2.5m
- Current portion of long-term debt +€1.0m
up €1.0m (+169.0%), from €594,624 to €1.6m
- Short-term financial debts +€916,897
new in 2025: €916,897
- Profit (loss) carried forward +€471,730
up €471,730 (+29.9%), from €1.6m to €2.0m
Income statement
- Write-downs +€122,372
new in 2025: €122,372
- Financial charges -€120,540
down €120,540 (-28.8%), from €418,468 to €297,928
- Financial income -€96,509
down €96,509 (-19.7%), from €488,836 to €392,327
- Services and other goods +€89,583
up €89,583 (+11.8%), from €756,824 to €846,407
- Other operating income +€74,385
up €74,385 (+100.5%), from €73,980 to €148,365
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.
Result 2024
€682,155
Turnover
-€54,195
Other operating income
+€74,385
Services and other goods
-€89,583
Staff costs
-€22,360
Depreciation
-€3,877
Write-downs
-€122,372
Other operating charges
-€4,325
Other operating items
-€25,000
Financial income
-€96,509
Financial charges
+€120,540
Taxes
+€37,702
Result 2025
€496,560
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.
From operations
+€12.8m
Investment
-€12.3m
Financing
-€533,023
Cash 2024
€105,671
From operations (derived)
+€12.8m
Net result for the year
+€496,560
Depreciation
+€159,649
Receivables within one year
+€8.8m
Deferred charges and accrued income
+€84,698
Provisions
+€110,000
Trade debts
+€240,377
Tax, wage and social debts
-€136,752
Other debts
+€3.2m
Accrued charges and deferred income
-€176,757
Investment (derived)
-€12.3m
Investment in fixed assets (net)
-€12.3m
Financing
-€533,023
Debts after one year
-€2.5m
Current portion of long-term debt
+€1.0m
Short-term financial debts
+€916,897
Cash 2025
€20,794
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,821,375 | €43,015,579 | +€3.2m | +8.0% |
| Fixed assets | 21/28 | €28,276,788 | €40,440,626 | +€12.2m | +43.0% |
| Tangible fixed assets | 22/27 | €1,276,603 | €1,192,598 | -€84,005 | -6.6% |
| Land and buildings | 22 | €1,276,603 | €1,192,598 | -€84,005 | -6.6% |
| Financial fixed assets | 28 | €27,000,185 | €39,248,028 | +€12.2m | +45.4% |
| Affiliated companies | 280/1 | €27,000,000 | €39,247,843 | +€12.2m | +45.4% |
| Participating interests | 280 | €27,000,000 | €39,247,843 | +€12.2m | +45.4% |
| Other financial fixed assets | 284/8 | €185 | €185 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €11,544,587 | €2,574,954 | -€9.0m | -77.7% |
| Amounts receivable within one year | 40/41 | €11,037,351 | €2,237,293 | -€8.8m | -79.7% |
| Trade receivables | 40 | €1,301,060 | €953,503 | -€347,557 | -26.7% |
| Other amounts receivable | 41 | €9,736,291 | €1,283,790 | -€8.5m | -86.8% |
| Cash at bank and in hand | 54/58 | €105,671 | €20,794 | -€84,878 | -80.3% |
| Deferred charges and accrued income | 490/1 | €401,565 | €316,867 | -€84,698 | -21.1% |
| Total equity and liabilities | 10/49 | €39,821,375 | €43,015,579 | +€3.2m | +8.0% |
| Equity | 10/15 | €29,327,525 | €29,824,085 | +€496,560 | +1.7% |
| Contributions | 10/11 | €27,150,000 | €27,150,000 | = | 0.0% |
| Capital | 10 | €16,454,235 | €16,454,235 | = | 0.0% |
| Issued capital | 100 | €16,454,235 | €16,454,235 | = | 0.0% |
| Contributions outside capital | 11 | €10,695,765 | €10,695,765 | = | 0.0% |
| Share premium | 1100/10 | €10,695,765 | €10,695,765 | = | 0.0% |
| Reserves | 13 | €599,680 | €624,510 | +€24,830 | +4.1% |
| Non-distributable reserves | 130/1 | €118,108 | €142,938 | +€24,830 | +21.0% |
| Legal reserve | 130 | €118,108 | €142,938 | +€24,830 | +21.0% |
| Distributable reserves | 133 | €481,573 | €481,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,577,844 | €2,049,575 | +€471,730 | +29.9% |
| Provisions and deferred taxes | 16 | €110,000 | €220,000 | +€110,000 | +100.0% |
| Provisions for liabilities and charges | 160/5 | €110,000 | €220,000 | +€110,000 | +100.0% |
| Pensions and similar obligations | 160 | €110,000 | €220,000 | +€110,000 | +100.0% |
| Amounts payable | 17/49 | €10,383,850 | €12,971,494 | +€2.6m | +24.9% |
| Amounts payable after more than one year | 17 | €8,302,345 | €5,847,804 | -€2.5m | -29.6% |
| Financial debts | 170/4 | €8,209,011 | €5,707,724 | -€2.5m | -30.5% |
| Credit institutions | 173 | €8,209,011 | €4,609,766 | -€3.6m | -43.8% |
| Other loans | 174 | - | €1,097,958 | +€1.1m | |
| Other amounts payable | 178/9 | €93,334 | €140,080 | +€46,746 | +50.1% |
| Amounts payable within one year | 42/48 | €1,822,000 | €7,040,943 | +€5.2m | +286.4% |
| Current portion of amounts payable after more than one year | 42 | €594,624 | €1,599,246 | +€1.0m | +169.0% |
| Financial debts | 43 | - | €916,897 | +€916,897 | |
| Credit institutions | 430/8 | - | €916,897 | +€916,897 | |
| Trade debts | 44 | €646,524 | €886,901 | +€240,377 | +37.2% |
| Suppliers | 440/4 | €646,524 | €886,901 | +€240,377 | +37.2% |
| Taxes, remuneration and social security | 45 | €330,852 | €194,100 | -€136,752 | -41.3% |
| Taxes | 450/3 | €318,005 | €170,750 | -€147,255 | -46.3% |
| Remuneration and social security | 454/9 | €12,848 | €23,350 | +€10,502 | +81.7% |
| Other amounts payable | 47/48 | €250,000 | €3,443,799 | +€3.2m | +1277.5% |
| Accrued charges and deferred income | 492/3 | €259,504 | €82,748 | -€176,757 | -68.1% |
| Operating income | 70/76A | €2,037,333 | €2,057,523 | +€20,190 | +1.0% |
| Turnover | 70 | €1,963,353 | €1,909,158 | -€54,195 | -2.8% |
| Other operating income | 74 | €73,980 | €148,365 | +€74,385 | +100.5% |
| Operating charges | 60/66A | €1,201,440 | €1,468,957 | +€267,517 | +22.3% |
| Services and other goods | 61 | €756,824 | €846,407 | +€89,583 | +11.8% |
| Remuneration, social security and pensions | 62 | €103,429 | €125,790 | +€22,360 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,772 | €159,649 | +€3,877 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €122,372 | +€122,372 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €110,000 | €110,000 | = | 0.0% |
| Other operating charges | 640/8 | €75,414 | €79,740 | +€4,325 | +5.7% |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Operating profit (loss) | 9901 | €835,893 | €588,566 | -€247,327 | -29.6% |
| Financial income | 75/76B | €488,836 | €392,327 | -€96,509 | -19.7% |
| Recurring financial income | 75 | €488,836 | €392,327 | -€96,509 | -19.7% |
| Income from financial fixed assets | 750 | €191,050 | €78,628 | -€112,423 | -58.8% |
| Income from current assets | 751 | €297,785 | €313,699 | +€15,913 | +5.3% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €418,468 | €297,928 | -€120,540 | -28.8% |
| Recurring financial charges | 65 | €418,468 | €297,928 | -€120,540 | -28.8% |
| Debt charges | 650 | €418,467 | €297,922 | -€120,545 | -28.8% |
| Other financial charges | 652/9 | €1 | €6 | +€5 | +604.9% |
| Profit (loss) for the period before taxes | 9903 | €906,261 | €682,964 | -€223,297 | -24.6% |
| Income taxes | 67/77 | €224,106 | €186,404 | -€37,702 | -16.8% |
| Taxes | 670/3 | €227,385 | €186,404 | -€40,981 | -18.0% |
| Tax adjustments and reversals of tax provisions | 77 | €3,279 | - | -€3,279 | |
| Profit (loss) for the period | 9904 | €682,155 | €496,560 | -€185,595 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €682,155 | €496,560 | -€185,595 | -27.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.