LOCUS LEASE: 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 LEASE
Largest movements
- Tangible fixed assets -€17,874
down €17,874 (-4.7%), from €379,431 to €361,557
- Cash -€14,727
down €14,727 (-91.3%), from €16,136 to €1,409
mainly Debts after one year (-€17,009) and Other debts (-€16,669)
- Receivables within one year -€5,304
down €5,304 (-93.3%), from €5,687 to €383
of which Trade receivables: -€5,258
- Debts after one year -€17,009
down €17,009 (-5.8%), from €294,394 to €277,384
- Other debts -€16,669
down €16,669 (-46.2%), from €36,043 to €19,374
- Profit (loss) carried forward -€8,483
down €8,483 (-31.8%), from -€26,706 to -€35,189
- Gross operating margin +€13,718
up €13,718 (+134%), from €10,235 to €23,953
- Other operating charges -€3,372
down €3,372 (-86.6%), from €3,892 to €520
- Financial charges -€2,384
down €2,384 (-14.5%), from €16,426 to €14,042
- Depreciation +€1,253
up €1,253 (+7.5%), from €16,622 to €17,874
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 | €401,254 | €363,349 | -€37,906 | -9.4% |
| Fixed assets | 21/28 | €379,431 | €361,557 | -€17,874 | -4.7% |
| Tangible fixed assets | 22/27 | €379,431 | €361,557 | -€17,874 | -4.7% |
| Land and buildings | 22 | €379,431 | €361,557 | -€17,874 | -4.7% |
| Current assets | 29/58 | €21,823 | €1,792 | -€20,031 | -91.8% |
| Amounts receivable within one year | 40/41 | €5,687 | €383 | -€5,304 | -93.3% |
| Trade receivables | 40 | €5,641 | €383 | -€5,258 | -93.2% |
| Other amounts receivable | 41 | €46 | - | -€46 | |
| Cash at bank and in hand | 54/58 | €16,136 | €1,409 | -€14,727 | -91.3% |
| Total equity and liabilities | 10/49 | €401,254 | €363,349 | -€37,906 | -9.4% |
| Equity | 10/15 | €52,788 | €44,305 | -€8,483 | -16.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €17,495 | €17,495 | = | 0.0% |
| Distributable reserves | 133 | €17,495 | €17,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,706 | -€35,189 | -€8,483 | -31.8% |
| Amounts payable | 17/49 | €348,466 | €319,044 | -€29,422 | -8.4% |
| Amounts payable after more than one year | 17 | €294,394 | €277,384 | -€17,009 | -5.8% |
| Financial debts | 170/4 | €294,394 | €277,384 | -€17,009 | -5.8% |
| Amounts payable within one year | 42/48 | €54,072 | €41,660 | -€12,413 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €16,357 | €17,010 | +€653 | +4.0% |
| Trade debts | 44 | €1,673 | €3,598 | +€1,925 | +115% |
| Suppliers | 440/4 | €1,673 | €3,598 | +€1,925 | +115% |
| Taxes, remuneration and social security | 45 | - | €1,678 | +€1,678 | |
| Taxes | 450/3 | - | €1,678 | +€1,678 | |
| Other amounts payable | 47/48 | €36,043 | €19,374 | -€16,669 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,622 | €17,874 | +€1,253 | +7.5% |
| Other operating charges | 640/8 | €3,892 | €520 | -€3,372 | -86.6% |
| Gross operating margin | 9900 | €10,235 | €23,953 | +€13,718 | +134% |
| Operating profit (loss) | 9901 | -€10,278 | €5,559 | +€15,837 | |
| Financial charges | 65/66B | €16,426 | €14,042 | -€2,384 | -14.5% |
| Recurring financial charges | 65 | €16,426 | €14,042 | -€2,384 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,704 | -€8,483 | +€18,221 | +68.2% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€26,706 | -€8,483 | +€18,223 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,706 | -€8,483 | +€18,223 | +68.2% |
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 27 October 2026 via checked.be.