LOCOMOT: 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.
LOCOMOT
Largest movements
- Receivables within one year +€13,163
up €13,163 (+96.7%), from €13,611 to €26,774
of which Trade receivables: +€13,131
- Cash +€4,944
up €4,944 (+32.9%), from €15,010 to €19,954
mainly Net result for the year (+€22,185) and Tax, wage and social debts (+€8,967)
- Tangible fixed assets -€3,122
down €3,122 (-8.5%), from €36,916 to €33,795
of which Other tangible fixed assets: -€3,362
- Deferred charges and accrued income +€1,121
new in 2025: €1,121
- Reserves +€22,185
up €22,185 (+679.0%), from €3,267 to €25,452
- Other debts -€17,559
down €17,559 (-45.2%), from €38,881 to €21,322
- Tax, wage and social debts +€8,967
up €8,967 (+123.0%), from €7,289 to €16,256
of which Taxes: +€12,267
- Trade debts +€2,055
up €2,055 (+66.3%), from €3,100 to €5,155
- Gross operating margin +€32,445
up €32,445 (+655.3%), from €4,951 to €37,396
- Taxes +€7,290
up €7,290 (+1894.2%), from €385 to €7,675
- Depreciation +€3,873
up €3,873 (+371.1%), from €1,044 to €4,917
- Financial charges +€2,234
up €2,234 (+1710.7%), from €131 to €2,364
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 | €65,537 | €81,644 | +€16,107 | +24.6% |
| Fixed assets | 21/28 | €36,916 | €33,795 | -€3,122 | -8.5% |
| Tangible fixed assets | 22/27 | €36,916 | €33,795 | -€3,122 | -8.5% |
| Plant, machinery and equipment | 23 | €1,202 | €2,058 | +€856 | +71.2% |
| Furniture and vehicles | 24 | €2,904 | €2,288 | -€616 | -21.2% |
| Other tangible fixed assets | 26 | €32,810 | €29,448 | -€3,362 | -10.2% |
| Current assets | 29/58 | €28,621 | €47,849 | +€19,228 | +67.2% |
| Amounts receivable within one year | 40/41 | €13,611 | €26,774 | +€13,163 | +96.7% |
| Trade receivables | 40 | €13,610 | €26,741 | +€13,131 | +96.5% |
| Other amounts receivable | 41 | €1 | €33 | +€31 | +2152.7% |
| Cash at bank and in hand | 54/58 | €15,010 | €19,954 | +€4,944 | +32.9% |
| Deferred charges and accrued income | 490/1 | - | €1,121 | +€1,121 | |
| Total equity and liabilities | 10/49 | €65,537 | €81,644 | +€16,107 | +24.6% |
| Equity | 10/15 | €6,267 | €28,452 | +€22,185 | +354.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,267 | €25,452 | +€22,185 | +679.0% |
| Distributable reserves | 133 | €3,267 | €25,452 | +€22,185 | +679.0% |
| Amounts payable | 17/49 | €59,270 | €53,192 | -€6,078 | -10.3% |
| Amounts payable within one year | 42/48 | €59,270 | €52,734 | -€6,536 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €3,100 | €5,155 | +€2,055 | +66.3% |
| Suppliers | 440/4 | €3,100 | €5,155 | +€2,055 | +66.3% |
| Taxes, remuneration and social security | 45 | €7,289 | €16,256 | +€8,967 | +123.0% |
| Taxes | 450/3 | €3,989 | €16,256 | +€12,267 | +307.5% |
| Remuneration and social security | 454/9 | €3,300 | - | -€3,300 | |
| Other amounts payable | 47/48 | €38,881 | €21,322 | -€17,559 | -45.2% |
| Accrued charges and deferred income | 492/3 | - | €458 | +€458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,044 | €4,917 | +€3,873 | +371.1% |
| Other operating charges | 640/8 | €275 | €257 | -€18 | -6.5% |
| Gross operating margin | 9900 | €4,951 | €37,396 | +€32,445 | +655.3% |
| Operating profit (loss) | 9901 | €3,633 | €32,222 | +€28,589 | +786.9% |
| Financial income | 75/76B | €150 | €2 | -€148 | -98.9% |
| Recurring financial income | 75 | €150 | €2 | -€148 | -98.9% |
| Financial charges | 65/66B | €131 | €2,364 | +€2,234 | +1710.7% |
| Recurring financial charges | 65 | €131 | €2,364 | +€2,234 | +1710.7% |
| Profit (loss) for the period before taxes | 9903 | €3,652 | €29,860 | +€26,207 | +717.5% |
| Income taxes | 67/77 | €385 | €7,675 | +€7,290 | +1894.2% |
| Profit (loss) for the period | 9904 | €3,267 | €22,185 | +€18,917 | +579.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,267 | €22,185 | +€18,917 | +579.0% |
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.