LOCOMADIER: 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.
LOCOMADIER
Largest movements
- Cash -€36,305
down €36,305 (-95.2%), from €38,146 to €1,841
mainly Receivables within one year (-€31,517) and Debts after one year (-€29,112)
- Receivables within one year +€31,517
up €31,517 (+248.0%), from €12,710 to €44,227
- Tangible fixed assets -€11,989
down €11,989 (-3.4%), from €356,018 to €344,029
- Debts after one year -€29,112
no longer reported in 2025 (was €29,112)
- Other debts +€15,580
up €15,580 (+7.0%), from €221,949 to €237,529
- Profit (loss) carried forward +€15,580
up €15,580 (+55.1%), from -€28,273 to -€12,693
- Trade debts -€10,963
no longer reported in 2025 (was €10,963)
- Current portion of long-term debt -€8,127
down €8,127 (-21.8%), from €37,239 to €29,112
- Gross operating margin +€21,218
up €21,218 (+167.1%), from €12,698 to €33,916
- Depreciation +€5,995
up €5,995 (+100.0%), from €5,994 to €11,989
- Other operating charges -€3,072
down €3,072 (-43.4%), from €7,084 to €4,012
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 | €406,874 | €390,098 | -€16,776 | -4.1% |
| Fixed assets | 21/28 | €356,018 | €344,029 | -€11,989 | -3.4% |
| Tangible fixed assets | 22/27 | €356,018 | €344,029 | -€11,989 | -3.4% |
| Land and buildings | 22 | €356,018 | €344,029 | -€11,989 | -3.4% |
| Current assets | 29/58 | €50,855 | €46,068 | -€4,787 | -9.4% |
| Amounts receivable within one year | 40/41 | €12,710 | €44,227 | +€31,517 | +248.0% |
| Other amounts receivable | 41 | €12,710 | €44,227 | +€31,517 | +248.0% |
| Cash at bank and in hand | 54/58 | €38,146 | €1,841 | -€36,305 | -95.2% |
| Total equity and liabilities | 10/49 | €406,874 | €390,098 | -€16,776 | -4.1% |
| Equity | 10/15 | €107,610 | €123,190 | +€15,580 | +14.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €55,883 | €55,883 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,297 | €6,297 | = | 0.0% |
| Legal reserve | 130 | €6,297 | €6,297 | = | 0.0% |
| Distributable reserves | 133 | €49,586 | €49,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,273 | -€12,693 | +€15,580 | +55.1% |
| Amounts payable | 17/49 | €299,264 | €266,908 | -€32,356 | -10.8% |
| Amounts payable after more than one year | 17 | €29,112 | - | -€29,112 | |
| Financial debts | 170/4 | €29,112 | - | -€29,112 | |
| Amounts payable within one year | 42/48 | €270,151 | €266,908 | -€3,244 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €37,239 | €29,112 | -€8,127 | -21.8% |
| Trade debts | 44 | €10,963 | - | -€10,963 | |
| Suppliers | 440/4 | €10,963 | - | -€10,963 | |
| Taxes, remuneration and social security | 45 | - | €266 | +€266 | |
| Taxes | 450/3 | - | €266 | +€266 | |
| Other amounts payable | 47/48 | €221,949 | €237,529 | +€15,580 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,994 | €11,989 | +€5,995 | +100.0% |
| Other operating charges | 640/8 | €7,084 | €4,012 | -€3,072 | -43.4% |
| Gross operating margin | 9900 | €12,698 | €33,916 | +€21,218 | +167.1% |
| Operating profit (loss) | 9901 | -€379 | €17,915 | +€18,294 | |
| Financial income | 75/76B | €282 | €476 | +€194 | +68.5% |
| Recurring financial income | 75 | €282 | €476 | +€194 | +68.5% |
| Financial charges | 65/66B | €2,241 | €2,545 | +€304 | +13.6% |
| Recurring financial charges | 65 | €2,241 | €2,545 | +€304 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,338 | €15,846 | +€18,183 | |
| Income taxes | 67/77 | - | €266 | +€266 | |
| Profit (loss) for the period | 9904 | -€2,338 | €15,580 | +€17,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,338 | €15,580 | +€17,918 |
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.