PRO LOCUS: what changed
What changed
PRO LOCUS
filed annual accounts (NBB)
Net result for the year
€163,697
2024 · €138,903+€24,794
Equity
€4.1m
2024 · €3.5m+€586,991
Cash
€139,865
2024 · €67,912+€71,953
Balance sheet total
€7.8m
2024 · €7.2m+€579,004
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+289%), from €382,378 to €1.5m
- Tangible fixed assets -€659,549
down €659,549 (-9.9%), from €6.7m to €6.0m
of which Land and buildings: -€657,082
Equity and liabilities
- Reserves +€586,991
up €586,991 (+60.8%), from €965,268 to €1.6m
of which Tax-exempt reserves: +€412,840
- Debts after one year -€255,531
down €255,531 (-12.5%), from €2.1m to €1.8m
of which Financial debts: -€255,531
- Provisions +€121,742
up €121,742 (+110%), from €110,934 to €232,675
- Other debts +€80,439
up €80,439 (+8.5%), from €944,112 to €1.0m
Income statement
- Gross operating margin -€24,618
down €24,618 (-4.6%), from €538,807 to €514,188
- Depreciation -€21,739
down €21,739 (-11.5%), from €188,618 to €166,879
- Other operating charges -€18,267
down €18,267 (-45.0%), from €40,565 to €22,297
- Financial income +€15,315
up €15,315 (+105%), from €14,655 to €29,971
- Taxes +€8,472
up €8,472 (+17.1%), from €49,579 to €58,050
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.
Result 2024
€138,903
Gross operating margin
-€24,618
Depreciation
+€21,739
Other operating charges
+€18,267
Financial income
+€15,315
Financial charges
+€2,903
Taxes
-€8,472
Deferred taxes and other
-€340
Result 2025
€163,697
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€501,898
Investment
-€612,467
Financing
+€182,521
Cash 2024
€67,912
From operations (derived)
+€501,898
Net result for the year
+€163,697
Depreciation
+€166,879
Receivables within one year
-€61,905
Deferred charges and accrued income
+€442
Provisions
+€121,742
Trade debts
-€28,300
Tax, wage and social debts
+€38,071
Other debts
+€80,439
Accrued charges and deferred income
+€20,835
Investment (derived)
-€612,467
Investment in fixed assets (net)
+€492,670
Current investments
-€1.1m
Financing
+€182,521
Debts after one year
-€255,531
Current portion of long-term debt
+€14,757
Contributions, distributions and other
+€423,295
Cash 2025
€139,865
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,231,254 | €7,810,258 | +€579,004 | +8.0% |
| Fixed assets | 21/28 | €6,676,881 | €6,017,332 | -€659,549 | -9.9% |
| Tangible fixed assets | 22/27 | €6,676,881 | €6,017,332 | -€659,549 | -9.9% |
| Land and buildings | 22 | €6,664,112 | €6,007,030 | -€657,082 | -9.9% |
| Plant, machinery and equipment | 23 | €12,769 | €10,302 | -€2,467 | -19.3% |
| Current assets | 29/58 | €554,374 | €1,792,926 | +€1.2m | +223% |
| Amounts receivable within one year | 40/41 | €98,317 | €160,222 | +€61,905 | +63.0% |
| Other amounts receivable | 41 | €98,317 | €160,222 | +€61,905 | +63.0% |
| Current investments | 50/53 | €382,378 | €1,487,514 | +€1.1m | +289% |
| Cash at bank and in hand | 54/58 | €67,912 | €139,865 | +€71,953 | +106% |
| Deferred charges and accrued income | 490/1 | €5,767 | €5,324 | -€442 | -7.7% |
| Total equity and liabilities | 10/49 | €7,231,254 | €7,810,258 | +€579,004 | +8.0% |
| Equity | 10/15 | €3,465,268 | €4,052,260 | +€586,991 | +16.9% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €965,268 | €1,552,260 | +€586,991 | +60.8% |
| Tax-exempt reserves | 132 | €285,186 | €698,026 | +€412,840 | +145% |
| Distributable reserves | 133 | €680,082 | €854,233 | +€174,151 | +25.6% |
| Provisions and deferred taxes | 16 | €110,934 | €232,675 | +€121,742 | +110% |
| Deferred taxes | 168 | €110,934 | €232,675 | +€121,742 | +110% |
| Amounts payable | 17/49 | €3,655,052 | €3,525,323 | -€129,729 | -3.5% |
| Amounts payable after more than one year | 17 | €2,051,258 | €1,795,727 | -€255,531 | -12.5% |
| Financial debts | 170/4 | €2,029,546 | €1,774,015 | -€255,531 | -12.6% |
| Other amounts payable | 178/9 | €21,712 | €21,712 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,603,795 | €1,708,761 | +€104,966 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €588,737 | €603,494 | +€14,757 | +2.5% |
| Trade debts | 44 | €39,135 | €10,835 | -€28,300 | -72.3% |
| Suppliers | 440/4 | €39,135 | €10,835 | -€28,300 | -72.3% |
| Taxes, remuneration and social security | 45 | €31,811 | €69,882 | +€38,071 | +120% |
| Taxes | 450/3 | €31,811 | €69,882 | +€38,071 | +120% |
| Other amounts payable | 47/48 | €944,112 | €1,024,550 | +€80,439 | +8.5% |
| Accrued charges and deferred income | 492/3 | - | €20,835 | +€20,835 | |
| Non-recurring operating income | 76A | - | €2,909 | +€2,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,618 | €166,879 | -€21,739 | -11.5% |
| Other operating charges | 640/8 | €40,565 | €22,297 | -€18,267 | -45.0% |
| Gross operating margin | 9900 | €538,807 | €514,188 | -€24,618 | -4.6% |
| Operating profit (loss) | 9901 | €309,624 | €325,012 | +€15,388 | +5.0% |
| Financial income | 75/76B | €14,655 | €29,971 | +€15,315 | +105% |
| Recurring financial income | 75 | €14,655 | €29,971 | +€15,315 | +105% |
| Financial charges | 65/66B | €139,624 | €136,720 | -€2,903 | -2.1% |
| Recurring financial charges | 65 | €139,624 | €136,720 | -€2,903 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €184,656 | €218,262 | +€33,606 | +18.2% |
| Transfer from deferred taxes | 780 | €3,825 | €3,485 | -€340 | -8.9% |
| Income taxes | 67/77 | €49,579 | €58,050 | +€8,472 | +17.1% |
| Profit (loss) for the period | 9904 | €138,903 | €163,697 | +€24,794 | +17.9% |
| Transfer from tax-exempt reserves | 789 | €9,834 | €10,455 | +€621 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €148,737 | €174,151 | +€25,415 | +17.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.