LOCUS SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€87,587
up €87,587 (+20.0%), from €437,729 to €525,317
of which Other amounts receivable: +€195,158
- Stocks and contracts +€84,363
up €84,363 (+610%), from €13,837 to €98,200
- Cash +€77,685
up €77,685 (+213%), from €36,467 to €114,152
mainly Trade debts (+€216,141) and Net result for the year (+€122,295)
- Trade debts +€216,141
up €216,141 (+201%), from €107,431 to €323,571
- Reserves +€122,200
up €122,200 (+44.0%), from €278,000 to €400,200
of which Distributable reserves: +€122,200
- Other debts -€61,758
no longer reported in 2022 (was €61,758)
- Tax, wage and social debts -€22,847
down €22,847 (-25.5%), from €89,512 to €66,665
of which Taxes: -€30,218
- Turnover +€801,505
new in 2022: €801,505
- Purchases and services +€528,203
new in 2022: €528,203
- Gross operating margin +€71,227
up €71,227 (+21.1%), from €337,691 to €408,918
- Staff costs +€52,582
up €52,582 (+33.4%), from €157,300 to €209,882
- Other operating charges +€24,084
up €24,084 (+1,304%), from €1,847 to €25,931
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €598,924 | €852,755 | +€253,831 | +42.4% |
| Fixed assets | 21/28 | €109,138 | €115,086 | +€5,948 | +5.5% |
| Tangible fixed assets | 22/27 | €7,226 | €10,626 | +€3,401 | +47.1% |
| Plant, machinery and equipment | 23 | €7,226 | €10,626 | +€3,401 | +47.1% |
| Financial fixed assets | 28 | €101,912 | €104,459 | +€2,548 | +2.5% |
| Current assets | 29/58 | €489,786 | €737,669 | +€247,883 | +50.6% |
| Stocks and contracts in progress | 3 | €13,837 | €98,200 | +€84,363 | +610% |
| Contracts in progress | 37 | €13,837 | €98,200 | +€84,363 | +610% |
| Amounts receivable within one year | 40/41 | €437,729 | €525,317 | +€87,587 | +20.0% |
| Trade receivables | 40 | €437,729 | €330,158 | -€107,571 | -24.6% |
| Other amounts receivable | 41 | - | €195,158 | +€195,158 | |
| Cash at bank and in hand | 54/58 | €36,467 | €114,152 | +€77,685 | +213% |
| Deferred charges and accrued income | 490/1 | €1,753 | - | -€1,753 | |
| Total equity and liabilities | 10/49 | €598,924 | €852,755 | +€253,831 | +42.4% |
| Equity | 10/15 | €340,063 | €462,359 | +€122,295 | +36.0% |
| 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 | €278,000 | €400,200 | +€122,200 | +44.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €271,800 | €394,000 | +€122,200 | +45.0% |
| Profit (loss) carried forward | 14 | €63 | €159 | +€95 | +151% |
| Provisions and deferred taxes | 16 | €160 | €160 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €160 | €160 | = | 0.0% |
| Pensions and similar obligations | 160 | €160 | €160 | = | 0.0% |
| Amounts payable | 17/49 | €258,700 | €390,236 | +€131,536 | +50.8% |
| Amounts payable within one year | 42/48 | €258,700 | €390,236 | +€131,536 | +50.8% |
| Trade debts | 44 | €107,431 | €323,571 | +€216,141 | +201% |
| Suppliers | 440/4 | €107,431 | €323,571 | +€216,141 | +201% |
| Taxes, remuneration and social security | 45 | €89,512 | €66,665 | -€22,847 | -25.5% |
| Taxes | 450/3 | €70,635 | €40,417 | -€30,218 | -42.8% |
| Remuneration and social security | 454/9 | €18,876 | €26,248 | +€7,371 | +39.0% |
| Other amounts payable | 47/48 | €61,758 | - | -€61,758 | |
| Turnover | 70 | - | €801,505 | +€801,505 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €528,203 | +€528,203 | |
| Remuneration, social security and pensions | 62 | €157,300 | €209,882 | +€52,582 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,995 | €5,298 | +€1,303 | +32.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €160 | - | -€160 | |
| Other operating charges | 640/8 | €1,847 | €25,931 | +€24,084 | +1,304% |
| Gross operating margin | 9900 | €337,691 | €408,918 | +€71,227 | +21.1% |
| Operating profit (loss) | 9901 | €174,388 | €167,807 | -€6,581 | -3.8% |
| Financial income | 75/76B | €1,872 | €2,548 | +€676 | +36.1% |
| Recurring financial income | 75 | €1,872 | €2,548 | +€676 | +36.1% |
| Financial charges | 65/66B | €2,369 | €3,178 | +€809 | +34.2% |
| Recurring financial charges | 65 | €2,369 | €3,178 | +€809 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €173,891 | €167,177 | -€6,715 | -3.9% |
| Income taxes | 67/77 | €48,043 | €44,881 | -€3,161 | -6.6% |
| Profit (loss) for the period | 9904 | €125,849 | €122,295 | -€3,553 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €125,849 | €122,295 | -€3,553 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.