LocaTrust: 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.
LocaTrust
Largest movements
- Receivables within one year +€186,924
up €186,924 (+607%), from €30,785 to €217,709
of which Other amounts receivable: +€127,482
- Deferred charges and accrued income +€16,058
new in 2025: €16,058
- Cash +€15,472
up €15,472 (+260%), from €5,942 to €21,414
mainly Other debts (+€122,144) and Net result for the year (+€60,195)
- Tangible fixed assets +€2,714
up €2,714 (+36.1%), from €7,528 to €10,242
of which Furniture and vehicles: +€3,145
- Other debts +€122,144
up €122,144 (+11,090%), from €1,101 to €123,245
- Profit (loss) carried forward +€60,195
up €60,195 (+205%), from €29,398 to €89,594
- Trade debts +€25,677
up €25,677 (+1,043%), from €2,461 to €28,139
- Tax, wage and social debts +€12,043
up €12,043 (+165%), from €7,294 to €19,337
- Gross operating margin +€57,771
up €57,771 (+261%), from €22,100 to €79,872
- Taxes +€11,594
up €11,594 (+299%), from €3,871 to €15,465
- Depreciation +€1,821
up €1,821 (+129%), from €1,414 to €3,235
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 | €44,255 | €266,814 | +€222,559 | +503% |
| Fixed assets | 21/28 | €7,528 | €11,633 | +€4,105 | +54.5% |
| Intangible fixed assets | 21 | - | €1,391 | +€1,391 | |
| Tangible fixed assets | 22/27 | €7,528 | €10,242 | +€2,714 | +36.1% |
| Furniture and vehicles | 24 | €3,493 | €6,638 | +€3,145 | +90.1% |
| Other tangible fixed assets | 26 | €4,035 | €3,604 | -€431 | -10.7% |
| Current assets | 29/58 | €36,727 | €255,181 | +€218,454 | +595% |
| Amounts receivable within one year | 40/41 | €30,785 | €217,709 | +€186,924 | +607% |
| Trade receivables | 40 | €30,000 | €89,442 | +€59,442 | +198% |
| Other amounts receivable | 41 | €785 | €128,267 | +€127,482 | +16,240% |
| Cash at bank and in hand | 54/58 | €5,942 | €21,414 | +€15,472 | +260% |
| Deferred charges and accrued income | 490/1 | - | €16,058 | +€16,058 | |
| Total equity and liabilities | 10/49 | €44,255 | €266,814 | +€222,559 | +503% |
| Equity | 10/15 | €32,398 | €92,594 | +€60,195 | +186% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,398 | €89,594 | +€60,195 | +205% |
| Amounts payable | 17/49 | €11,856 | €174,220 | +€162,364 | +1,369% |
| Amounts payable within one year | 42/48 | €10,856 | €170,720 | +€159,864 | +1,473% |
| Trade debts | 44 | €2,461 | €28,139 | +€25,677 | +1,043% |
| Suppliers | 440/4 | €2,461 | €28,139 | +€25,677 | +1,043% |
| Taxes, remuneration and social security | 45 | €7,294 | €19,337 | +€12,043 | +165% |
| Taxes | 450/3 | €7,294 | €19,337 | +€12,043 | +165% |
| Other amounts payable | 47/48 | €1,101 | €123,245 | +€122,144 | +11,090% |
| Accrued charges and deferred income | 492/3 | €1,000 | €3,500 | +€2,500 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,414 | €3,235 | +€1,821 | +129% |
| Other operating charges | 640/8 | €407 | €420 | +€12 | +3.0% |
| Gross operating margin | 9900 | €22,100 | €79,872 | +€57,771 | +261% |
| Operating profit (loss) | 9901 | €20,279 | €76,217 | +€55,938 | +276% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100.0% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100.0% |
| Financial charges | 65/66B | €597 | €556 | -€40 | -6.7% |
| Recurring financial charges | 65 | €597 | €556 | -€40 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €19,708 | €75,661 | +€55,953 | +284% |
| Income taxes | 67/77 | €3,871 | €15,465 | +€11,594 | +299% |
| Profit (loss) for the period | 9904 | €15,837 | €60,195 | +€44,359 | +280% |
| Profit (loss) for the period to be appropriated | 9905 | €15,837 | €60,195 | +€44,359 | +280% |
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 23 October 2026 via checked.be.