LOCAFI: 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.
LOCAFI
Largest movements
- Cash +€7,910
up €7,910 (+964.5%), from €820 to €8,730
mainly Net result for the year (+€7,449) and Receivables within one year (+€1,800)
- Receivables within one year -€1,800
no longer reported in 2025 (was €1,800)
- Tangible fixed assets -€998
down €998 (-6.8%), from €14,647 to €13,650
of which Land and buildings: -€862
- Profit (loss) carried forward +€7,449
up €7,449 (+9.5%), from -€78,662 to -€71,213
- Trade debts -€1,683
down €1,683 (-69.7%), from €2,415 to €731
- Other debts -€640
down €640 (-2.1%), from €31,193 to €30,554
- Gross operating margin +€8,434
up €8,434 (+300.0%), from €2,812 to €11,246
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 | €20,643 | €25,769 | +€5,126 | +24.8% |
| Fixed assets | 21/28 | €14,647 | €13,650 | -€998 | -6.8% |
| Tangible fixed assets | 22/27 | €14,647 | €13,650 | -€998 | -6.8% |
| Land and buildings | 22 | €14,359 | €13,497 | -€862 | -6.0% |
| Furniture and vehicles | 24 | €289 | €153 | -€136 | -47.0% |
| Current assets | 29/58 | €5,996 | €12,119 | +€6,124 | +102.1% |
| Amounts receivable within one year | 40/41 | €1,800 | - | -€1,800 | |
| Trade receivables | 40 | €1,800 | - | -€1,800 | |
| Current investments | 50/53 | €1,839 | €1,839 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €820 | €8,730 | +€7,910 | +964.5% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,551 | +€14 | +0.9% |
| Total equity and liabilities | 10/49 | €20,643 | €25,769 | +€5,126 | +24.8% |
| Equity | 10/15 | -€12,965 | -€5,516 | +€7,449 | +57.5% |
| 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 | €3,697 | €3,697 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,189 | €1,189 | = | 0.0% |
| Legal reserve | 130 | €1,189 | €1,189 | = | 0.0% |
| Distributable reserves | 133 | €2,508 | €2,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,662 | -€71,213 | +€7,449 | +9.5% |
| Amounts payable | 17/49 | €33,608 | €31,285 | -€2,323 | -6.9% |
| Amounts payable within one year | 42/48 | €33,608 | €31,285 | -€2,323 | -6.9% |
| Trade debts | 44 | €2,415 | €731 | -€1,683 | -69.7% |
| Suppliers | 440/4 | €2,415 | €731 | -€1,683 | -69.7% |
| Other amounts payable | 47/48 | €31,193 | €30,554 | -€640 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893 | €998 | +€105 | +11.7% |
| Other operating charges | 640/8 | €2,787 | €2,754 | -€32 | -1.2% |
| Gross operating margin | 9900 | €2,812 | €11,246 | +€8,434 | +300.0% |
| Operating profit (loss) | 9901 | -€868 | €7,494 | +€8,362 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€913 | €7,449 | +€8,362 | |
| Income taxes | 67/77 | €26 | - | -€26 | |
| Profit (loss) for the period | 9904 | -€939 | €7,449 | +€8,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€939 | €7,449 | +€8,388 |
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 10 October 2026 via checked.be.