LOKATERO: what changed
LOKATERO
Largest movements
- Tangible fixed assets +€141,140
up €141,140 (+45.4%), from €311,070 to €452,210
of which Land and buildings: +€152,246
- Current investments +€55,000
up €55,000 (+27.5%), from €200,000 to €255,000
- Cash +€43,958
up €43,958 (+52.7%), from €83,445 to €127,403
mainly Debts after one year (+€356,993) and Depreciation (+€44,934)
- Receivables within one year +€25,741
up €25,741 (+73.0%), from €35,255 to €60,996
of which Other amounts receivable: +€42,878
- Debts after one year +€356,993
up €356,993 (+247%), from €144,468 to €501,461
of which Other amounts payable: +€260,208
- Reserves -€116,649
down €116,649 (-27.9%), from €418,773 to €302,124
of which Distributable reserves: -€116,649
- Trade debts +€10,611
up €10,611 (+784%), from €1,354 to €11,965
- Current portion of long-term debt +€9,609
up €9,609 (+44.5%), from €21,615 to €31,224
- Gross operating margin -€49,561
down €49,561 (-30.7%), from €161,584 to €112,023
- Taxes -€21,458
down €21,458 (-54.8%), from €39,135 to €17,678
- Depreciation +€21,322
up €21,322 (+90.3%), from €23,612 to €44,934
- Financial charges +€3,746
up €3,746 (+57.3%), from €6,543 to €10,289
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €629,770 | €895,687 | +€265,918 | +42.2% |
| Fixed assets | 21/28 | €311,070 | €452,210 | +€141,140 | +45.4% |
| Tangible fixed assets | 22/27 | €311,070 | €452,210 | +€141,140 | +45.4% |
| Land and buildings | 22 | €271,216 | €423,462 | +€152,246 | +56.1% |
| Plant, machinery and equipment | 23 | €13,264 | €10,339 | -€2,926 | -22.1% |
| Furniture and vehicles | 24 | €26,590 | €18,409 | -€8,180 | -30.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €318,700 | €443,478 | +€124,778 | +39.2% |
| Amounts receivable within one year | 40/41 | €35,255 | €60,996 | +€25,741 | +73.0% |
| Trade receivables | 40 | €35,255 | €18,118 | -€17,137 | -48.6% |
| Other amounts receivable | 41 | €0 | €42,878 | +€42,878 | |
| Current investments | 50/53 | €200,000 | €255,000 | +€55,000 | +27.5% |
| Cash at bank and in hand | 54/58 | €83,445 | €127,403 | +€43,958 | +52.7% |
| Deferred charges and accrued income | 490/1 | - | €78 | +€78 | |
| Total equity and liabilities | 10/49 | €629,770 | €895,687 | +€265,918 | +42.2% |
| Equity | 10/15 | €437,373 | €320,724 | -€116,649 | -26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €418,773 | €302,124 | -€116,649 | -27.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €418,773 | €302,124 | -€116,649 | -27.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €192,396 | €574,963 | +€382,567 | +199% |
| Amounts payable after more than one year | 17 | €144,468 | €501,461 | +€356,993 | +247% |
| Financial debts | 170/4 | €133,242 | €230,027 | +€96,785 | +72.6% |
| Other amounts payable | 178/9 | €11,226 | €271,434 | +€260,208 | +2,318% |
| Amounts payable within one year | 42/48 | €45,282 | €68,885 | +€23,603 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | €21,615 | €31,224 | +€9,609 | +44.5% |
| Trade debts | 44 | €1,354 | €11,965 | +€10,611 | +784% |
| Suppliers | 440/4 | €1,354 | €11,965 | +€10,611 | +784% |
| Taxes, remuneration and social security | 45 | €22,313 | €25,696 | +€3,383 | +15.2% |
| Taxes | 450/3 | €22,313 | €25,696 | +€3,383 | +15.2% |
| Accrued charges and deferred income | 492/3 | €2,646 | €4,617 | +€1,971 | +74.5% |
| Non-recurring operating income | 76A | €0 | €13,470 | +€13,470 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,612 | €44,934 | +€21,322 | +90.3% |
| Other operating charges | 640/8 | €2,538 | €1,996 | -€542 | -21.3% |
| Non-recurring operating charges | 66A | €861 | €0 | -€861 | -100% |
| Gross operating margin | 9900 | €161,584 | €112,023 | -€49,561 | -30.7% |
| Operating profit (loss) | 9901 | €134,572 | €65,092 | -€69,479 | -51.6% |
| Financial income | 75/76B | €5,900 | €5,880 | -€20 | -0.3% |
| Recurring financial income | 75 | €5,900 | €5,880 | -€20 | -0.3% |
| Financial charges | 65/66B | €6,543 | €10,289 | +€3,746 | +57.3% |
| Recurring financial charges | 65 | €6,543 | €10,289 | +€3,746 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €133,929 | €60,683 | -€73,245 | -54.7% |
| Income taxes | 67/77 | €39,135 | €17,678 | -€21,458 | -54.8% |
| Profit (loss) for the period | 9904 | €94,793 | €43,006 | -€51,787 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,793 | €43,006 | -€51,787 | -54.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.