LOCUSLUX: 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.
LOCUSLUX
Largest movements
- Receivables within one year -€150,952
down €150,952 (-96.6%), from €156,323 to €5,371
of which Other amounts receivable: -€152,044
- Tangible fixed assets -€19,660
down €19,660 (-4.4%), from €448,594 to €428,934
of which Land and buildings: -€21,926
- Deferred charges and accrued income -€9,734
down €9,734 (-83.7%), from €11,624 to €1,890
- Other debts -€182,490
down €182,490 (-100.0%), from €182,490 to €0
- Reserves +€13,477
up €13,477 (+6.1%), from €219,445 to €232,923
- Tax, wage and social debts -€8,757
down €8,757 (-82.8%), from €10,575 to €1,819
- Gross operating margin -€32,797
down €32,797 (-39.8%), from €82,461 to €49,664
- Financial charges -€14,193
down €14,193 (-97.4%), from €14,574 to €381
- Financial income -€8,544
down €8,544 (-94.9%), from €9,000 to €456
- Taxes -€8,525
down €8,525 (-53.8%), from €15,843 to €7,319
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 | €723,685 | €546,065 | -€177,619 | -24.5% |
| Fixed assets | 21/28 | €448,594 | €428,934 | -€19,660 | -4.4% |
| Tangible fixed assets | 22/27 | €448,594 | €428,934 | -€19,660 | -4.4% |
| Land and buildings | 22 | €441,374 | €419,448 | -€21,926 | -5.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €7,221 | €9,487 | +€2,266 | +31.4% |
| Current assets | 29/58 | €275,090 | €117,131 | -€157,959 | -57.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €156,323 | €5,371 | -€150,952 | -96.6% |
| Trade receivables | 40 | €0 | €1,092 | +€1,092 | |
| Other amounts receivable | 41 | €156,323 | €4,279 | -€152,044 | -97.3% |
| Cash at bank and in hand | 54/58 | €107,143 | €109,870 | +€2,727 | +2.5% |
| Deferred charges and accrued income | 490/1 | €11,624 | €1,890 | -€9,734 | -83.7% |
| Total equity and liabilities | 10/49 | €723,685 | €546,065 | -€177,619 | -24.5% |
| Equity | 10/15 | €526,916 | €540,393 | +€13,477 | +2.6% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €219,445 | €232,923 | +€13,477 | +6.1% |
| Distributable reserves | 133 | €219,445 | €232,923 | +€13,477 | +6.1% |
| Profit (loss) carried forward | 14 | €47,471 | €47,471 | = | 0.0% |
| Amounts payable | 17/49 | €196,769 | €5,672 | -€191,097 | -97.1% |
| Amounts payable within one year | 42/48 | €193,248 | €2,151 | -€191,097 | -98.9% |
| Trade debts | 44 | €183 | €333 | +€150 | +82.2% |
| Suppliers | 440/4 | €183 | €333 | +€150 | +82.2% |
| Taxes, remuneration and social security | 45 | €10,575 | €1,819 | -€8,757 | -82.8% |
| Taxes | 450/3 | €10,575 | €1,819 | -€8,757 | -82.8% |
| Other amounts payable | 47/48 | €182,490 | €0 | -€182,490 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,521 | €3,521 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,265 | €23,788 | -€477 | -2.0% |
| Other operating charges | 640/8 | €5,111 | €5,155 | +€44 | +0.9% |
| Gross operating margin | 9900 | €82,461 | €49,664 | -€32,797 | -39.8% |
| Operating profit (loss) | 9901 | €53,085 | €20,721 | -€32,364 | -61.0% |
| Financial income | 75/76B | €9,000 | €456 | -€8,544 | -94.9% |
| Recurring financial income | 75 | €9,000 | €456 | -€8,544 | -94.9% |
| Financial charges | 65/66B | €14,574 | €381 | -€14,193 | -97.4% |
| Recurring financial charges | 65 | €14,574 | €381 | -€14,193 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €47,511 | €20,796 | -€26,714 | -56.2% |
| Income taxes | 67/77 | €15,843 | €7,319 | -€8,525 | -53.8% |
| Profit (loss) for the period | 9904 | €31,667 | €13,477 | -€18,190 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,667 | €13,477 | -€18,190 | -57.4% |
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 7 October 2026 via checked.be.