LOCORUM: 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.
LOCORUM
Largest movements
- Financial fixed assets -€116,667
down €116,667 (-33.3%), from €350,000 to €233,333
- Tangible fixed assets -€29,290
down €29,290 (-49.1%), from €59,671 to €30,381
of which Leasing and similar rights: -€41,485
- Receivables within one year +€19,614
up €19,614 (+610%), from €3,215 to €22,829
of which Other amounts receivable: +€22,174
- Profit (loss) carried forward -€82,047
down €82,047, from €59,982 to -€22,065
- Other debts -€37,095
down €37,095 (-75.7%), from €48,995 to €11,900
- Trade debts -€15,870
down €15,870 (-72.2%), from €21,978 to €6,107
- Tax, wage and social debts +€9,397
up €9,397 (+129%), from €7,309 to €16,707
of which Taxes: +€6,217
- Debts after one year +€7,220
up €7,220 (+3.2%), from €224,161 to €231,381
- Gross operating margin +€11,309
up €11,309 (+27.7%), from €40,796 to €52,105
- Depreciation +€7,620
up €7,620 (+36.3%), from €20,983 to €28,602
- Financial charges -€1,474
down €1,474 (-13.5%), from €10,894 to €9,420
- Taxes -€622
down €622 (-23.1%), from €2,687 to €2,065
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.
Derived cash bridge
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 | €421,502 | €296,573 | -€124,929 | -29.6% |
| Fixed assets | 21/28 | €409,671 | €263,714 | -€145,957 | -35.6% |
| Tangible fixed assets | 22/27 | €59,671 | €30,381 | -€29,290 | -49.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,186 | €30,381 | +€12,195 | +67.1% |
| Leasing and similar rights | 25 | €41,485 | €0 | -€41,485 | -100% |
| Financial fixed assets | 28 | €350,000 | €233,333 | -€116,667 | -33.3% |
| Current assets | 29/58 | €11,831 | €32,859 | +€21,028 | +178% |
| Amounts receivable within one year | 40/41 | €3,215 | €22,829 | +€19,614 | +610% |
| Trade receivables | 40 | €3,215 | €655 | -€2,560 | -79.6% |
| Other amounts receivable | 41 | - | €22,174 | +€22,174 | |
| Cash at bank and in hand | 54/58 | €6,766 | €7,792 | +€1,026 | +15.2% |
| Deferred charges and accrued income | 490/1 | €1,851 | €2,238 | +€388 | +21.0% |
| Total equity and liabilities | 10/49 | €421,502 | €296,573 | -€124,929 | -29.6% |
| Equity | 10/15 | €69,982 | -€12,065 | -€82,047 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,982 | -€22,065 | -€82,047 | |
| Amounts payable | 17/49 | €351,520 | €308,638 | -€42,882 | -12.2% |
| Amounts payable after more than one year | 17 | €224,161 | €231,381 | +€7,220 | +3.2% |
| Financial debts | 170/4 | €224,161 | €231,381 | +€7,220 | +3.2% |
| Amounts payable within one year | 42/48 | €125,320 | €75,219 | -€50,101 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €47,038 | €40,505 | -€6,533 | -13.9% |
| Trade debts | 44 | €21,978 | €6,107 | -€15,870 | -72.2% |
| Suppliers | 440/4 | €21,978 | €6,107 | -€15,870 | -72.2% |
| Taxes, remuneration and social security | 45 | €7,309 | €16,707 | +€9,397 | +129% |
| Taxes | 450/3 | €6,789 | €13,007 | +€6,217 | +91.6% |
| Remuneration and social security | 454/9 | €520 | €3,700 | +€3,180 | +612% |
| Other amounts payable | 47/48 | €48,995 | €11,900 | -€37,095 | -75.7% |
| Accrued charges and deferred income | 492/3 | €2,040 | €2,038 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,983 | €28,602 | +€7,620 | +36.3% |
| Other operating charges | 640/8 | €1,451 | €1,372 | -€78 | -5.4% |
| Non-recurring operating charges | 66A | - | €92,692 | +€92,692 | |
| Gross operating margin | 9900 | €40,796 | €52,105 | +€11,309 | +27.7% |
| Operating profit (loss) | 9901 | €18,362 | -€70,562 | -€88,924 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €10,894 | €9,420 | -€1,474 | -13.5% |
| Recurring financial charges | 65 | €10,894 | €9,420 | -€1,474 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €7,468 | -€79,982 | -€87,450 | |
| Income taxes | 67/77 | €2,687 | €2,065 | -€622 | -23.1% |
| Profit (loss) for the period | 9904 | €4,781 | -€82,047 | -€86,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,781 | -€82,047 | -€86,828 |
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 20 October 2026 via checked.be.