LOCKSYS: 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.
LOCKSYS
Largest movements
- Receivables within one year +€6,833
up €6,833 (+13.3%), from €51,220 to €58,052
of which Trade receivables: +€5,107
- Tangible fixed assets -€5,877
down €5,877 (-41.3%), from €14,214 to €8,337
of which Furniture and vehicles: -€4,174
- Stocks and contracts +€4,977
up €4,977 (+34.2%), from €14,536 to €19,514
- Reserves +€7,400
up €7,400 (+21.3%), from €34,688 to €42,088
- Trade debts +€5,572
up €5,572 (+68.3%), from €8,162 to €13,733
- Debts after one year -€4,985
no longer reported in 2024 (was €4,985)
- Current portion of long-term debt -€3,050
down €3,050 (-35.0%), from €8,711 to €5,661
- Short-term financial debts +€1,485
up €1,485 (+10.9%), from €13,585 to €15,070
- Gross operating margin -€5,662
down €5,662 (-19.7%), from €28,759 to €23,097
- Staff costs -€4,563
down €4,563 (-64.1%), from €7,118 to €2,555
- Other operating charges -€1,855
down €1,855 (-61.8%), from €3,003 to €1,149
- Write-downs +€1,099
no longer reported in 2024 (was -€1,099)
- Financial income -€607
down €607 (-49.7%), from €1,221 to €614
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,504 | €86,932 | +€5,428 | +6.7% |
| Formation expenses | 20 | €162 | - | -€162 | |
| Fixed assets | 21/28 | €14,214 | €8,337 | -€5,877 | -41.3% |
| Tangible fixed assets | 22/27 | €14,214 | €8,337 | -€5,877 | -41.3% |
| Plant, machinery and equipment | 23 | €4,513 | €2,810 | -€1,703 | -37.7% |
| Furniture and vehicles | 24 | €9,701 | €5,528 | -€4,174 | -43.0% |
| Current assets | 29/58 | €67,128 | €78,595 | +€11,467 | +17.1% |
| Stocks and contracts in progress | 3 | €14,536 | €19,514 | +€4,977 | +34.2% |
| Stocks | 30/36 | €14,536 | €19,514 | +€4,977 | +34.2% |
| Amounts receivable within one year | 40/41 | €51,220 | €58,052 | +€6,833 | +13.3% |
| Trade receivables | 40 | €39,792 | €44,899 | +€5,107 | +12.8% |
| Other amounts receivable | 41 | €11,428 | €13,153 | +€1,726 | +15.1% |
| Cash at bank and in hand | 54/58 | €14 | €166 | +€151 | +1060.2% |
| Deferred charges and accrued income | 490/1 | €1,357 | €864 | -€494 | -36.4% |
| Total equity and liabilities | 10/49 | €81,504 | €86,932 | +€5,428 | +6.7% |
| Equity | 10/15 | €41,188 | €48,588 | +€7,400 | +18.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €34,688 | €42,088 | +€7,400 | +21.3% |
| Distributable reserves | 133 | €34,688 | €42,088 | +€7,400 | +21.3% |
| Amounts payable | 17/49 | €40,317 | €38,344 | -€1,972 | -4.9% |
| Amounts payable after more than one year | 17 | €4,985 | - | -€4,985 | |
| Financial debts | 170/4 | €4,985 | - | -€4,985 | |
| Amounts payable within one year | 42/48 | €35,332 | €38,344 | +€3,012 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €8,711 | €5,661 | -€3,050 | -35.0% |
| Financial debts | 43 | €13,585 | €15,070 | +€1,485 | +10.9% |
| Credit institutions | 430/8 | €13,585 | €15,070 | +€1,485 | +10.9% |
| Trade debts | 44 | €8,162 | €13,733 | +€5,572 | +68.3% |
| Suppliers | 440/4 | €8,162 | €13,733 | +€5,572 | +68.3% |
| Advances received on contracts in progress | 46 | €153 | €153 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,721 | €3,726 | -€995 | -21.1% |
| Taxes | 450/3 | €3,983 | €3,311 | -€671 | -16.9% |
| Remuneration and social security | 454/9 | €738 | €415 | -€323 | -43.8% |
| Remuneration, social security and pensions | 62 | €7,118 | €2,555 | -€4,563 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,803 | €7,650 | -€153 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,099 | - | +€1,099 | |
| Other operating charges | 640/8 | €3,003 | €1,149 | -€1,855 | -61.8% |
| Gross operating margin | 9900 | €28,759 | €23,097 | -€5,662 | -19.7% |
| Operating profit (loss) | 9901 | €11,934 | €11,743 | -€191 | -1.6% |
| Financial income | 75/76B | €1,221 | €614 | -€607 | -49.7% |
| Recurring financial income | 75 | €1,221 | €614 | -€607 | -49.7% |
| Financial charges | 65/66B | €1,697 | €1,843 | +€145 | +8.6% |
| Recurring financial charges | 65 | €1,697 | €1,843 | +€145 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €11,457 | €10,513 | -€944 | -8.2% |
| Income taxes | 67/77 | €3,320 | €3,113 | -€207 | -6.2% |
| Profit (loss) for the period | 9904 | €8,137 | €7,400 | -€737 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,137 | €7,400 | -€737 | -9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.