LOCUS - DEVOGHEL: 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.
LOCUS - DEVOGHEL
Largest movements
- Receivables within one year +€183,604
up €183,604 (+57.7%), from €318,022 to €501,626
of which Trade receivables: +€178,600
- Accrued charges and deferred income +€107,494
up €107,494 (+274.9%), from €39,101 to €146,595
- Trade debts +€37,320
up €37,320 (+38.5%), from €96,912 to €134,232
- Tax, wage and social debts +€33,622
up €33,622 (+33.5%), from €100,374 to €133,996
of which Remuneration and social security: +€33,404
- Profit (loss) carried forward +€6,241
up €6,241 (+8.0%), from €78,436 to €84,677
- Staff costs +€427,009
up €427,009 (+37.6%), from €1.1m to €1.6m
- Gross operating margin +€426,910
up €426,910 (+37.3%), from €1.1m to €1.6m
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 | €318,388 | €503,065 | +€184,677 | +58.0% |
| Current assets | 29/58 | €318,388 | €503,065 | +€184,677 | +58.0% |
| Amounts receivable within one year | 40/41 | €318,022 | €501,626 | +€183,604 | +57.7% |
| Trade receivables | 40 | €318,022 | €496,622 | +€178,600 | +56.2% |
| Other amounts receivable | 41 | - | €5,004 | +€5,004 | |
| Cash at bank and in hand | 54/58 | €366 | €1,439 | +€1,073 | +293.0% |
| Total equity and liabilities | 10/49 | €318,388 | €503,065 | +€184,677 | +58.0% |
| Equity | 10/15 | €81,500 | €87,741 | +€6,241 | +7.7% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €585 | €585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €585 | €585 | = | 0.0% |
| Reserves not available under the articles | 1311 | €585 | €585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,436 | €84,677 | +€6,241 | +8.0% |
| Amounts payable | 17/49 | €236,888 | €415,324 | +€178,436 | +75.3% |
| Amounts payable within one year | 42/48 | €197,787 | €268,729 | +€70,942 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €96,912 | €134,232 | +€37,320 | +38.5% |
| Suppliers | 440/4 | €96,912 | €134,232 | +€37,320 | +38.5% |
| Taxes, remuneration and social security | 45 | €100,374 | €133,996 | +€33,622 | +33.5% |
| Taxes | 450/3 | €301 | €520 | +€218 | +72.5% |
| Remuneration and social security | 454/9 | €100,072 | €133,476 | +€33,404 | +33.4% |
| Other amounts payable | 47/48 | €501 | €501 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €39,101 | €146,595 | +€107,494 | +274.9% |
| Remuneration, social security and pensions | 62 | €1,134,870 | €1,561,879 | +€427,009 | +37.6% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €1,144,133 | €1,571,043 | +€426,910 | +37.3% |
| Operating profit (loss) | 9901 | €9,263 | €8,377 | -€887 | -9.6% |
| Financial charges | 65/66B | €59 | €55 | -€3 | -5.3% |
| Recurring financial charges | 65 | €59 | €55 | -€3 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €9,205 | €8,321 | -€884 | -9.6% |
| Income taxes | 67/77 | €2,301 | €2,080 | -€221 | -9.6% |
| Profit (loss) for the period | 9904 | €6,904 | €6,241 | -€663 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,904 | €6,241 | -€663 | -9.6% |
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 12 October 2026 via checked.be.