LOCAPARK: 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.
What changed
LOCAPARK
NACE 68.204, Real estate activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€125,794
2023 · €568,532-€442,738
Equity
€2.1m
2023 · €2.0m+€125,794
Cash
€415,643
2023 · €402,011+€13,632
Balance sheet total
€4.4m
2023 · €5.2m-€863,994
Largest movements
Assets
- Receivables after one year -€1.2m
down €1.2m (-43.9%), from €2.8m to €1.6m
- Tangible fixed assets +€194,876
up €194,876 (+15.1%), from €1.3m to €1.5m
of which Land and buildings: +€235,474
- Receivables within one year +€182,432
up €182,432 (+26.5%), from €689,706 to €872,137
of which Other amounts receivable: +€264,559
Equity and liabilities
- Other debts -€901,760
down €901,760 (-63.8%), from €1.4m to €512,106
- Short-term financial debts -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Profit (loss) carried forward +€125,794
up €125,794 (+24.3%), from €517,850 to €643,643
- Debts after one year +€54,473
up €54,473 (+4.1%), from €1.3m to €1.4m
Income statement
- Gross operating margin -€447,983
down €447,983 (-53.6%), from €836,188 to €388,205
- Write-downs -€47,970
no longer reported in 2024 (was €47,970)
- Taxes +€31,887
up €31,887 (+317.5%), from €10,043 to €41,930
- Other operating charges +€15,907
up €15,907 (+21.1%), from €75,331 to €91,238
From the 2023 result to the 2024 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.
Result 2023
€568,532
Gross operating margin
-€447,983
Staff costs
+€373
Depreciation
-€1,732
Write-downs
+€47,970
Other operating charges
-€15,907
Financial income
+€4,339
Financial charges
+€2,090
Taxes
-€31,887
Result 2024
€125,794
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€400,534
Investment
-€258,000
Financing
-€128,902
Cash 2023
€402,011
From operations (derived)
+€400,534
Net result for the year
+€125,794
Depreciation
+€63,124
Receivables after one year
+€1.2m
Receivables within one year
-€182,432
Deferred charges and accrued income
+€16,161
Trade debts
-€33,561
Tax, wage and social debts
+€37,765
Other debts
-€901,760
Accrued charges and deferred income
+€36,671
Investment (derived)
-€258,000
Investment in fixed assets (net)
-€258,000
Financing
-€128,902
Debts after one year
+€54,473
Current portion of long-term debt
+€16,625
Short-term financial debts
-€200,000
Cash 2024
€415,643
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,224,187 | €4,360,194 | -€863,994 | -16.5% |
| Fixed assets | 21/28 | €1,290,261 | €1,485,137 | +€194,876 | +15.1% |
| Tangible fixed assets | 22/27 | €1,290,261 | €1,485,137 | +€194,876 | +15.1% |
| Land and buildings | 22 | €1,152,937 | €1,388,411 | +€235,474 | +20.4% |
| Plant, machinery and equipment | 23 | €26,422 | €21,800 | -€4,621 | -17.5% |
| Furniture and vehicles | 24 | €110,902 | €74,926 | -€35,976 | -32.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €3,933,926 | €2,875,057 | -€1.1m | -26.9% |
| Amounts receivable after more than one year | 29 | €2,822,935 | €1,584,162 | -€1.2m | -43.9% |
| Other amounts receivable | 291 | €2,822,935 | €1,584,162 | -€1.2m | -43.9% |
| Amounts receivable within one year | 40/41 | €689,706 | €872,137 | +€182,432 | +26.5% |
| Trade receivables | 40 | €365,000 | €282,873 | -€82,127 | -22.5% |
| Other amounts receivable | 41 | €324,706 | €589,264 | +€264,559 | +81.5% |
| Cash at bank and in hand | 54/58 | €402,011 | €415,643 | +€13,632 | +3.4% |
| Deferred charges and accrued income | 490/1 | €19,275 | €3,114 | -€16,161 | -83.8% |
| Total equity and liabilities | 10/49 | €5,224,187 | €4,360,194 | -€863,994 | -16.5% |
| Equity | 10/15 | €1,983,386 | €2,109,179 | +€125,794 | +6.3% |
| 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% |
| Revaluation surpluses | 12 | €515,934 | €513,291 | -€2,643 | -0.5% |
| Reserves | 13 | €887,602 | €890,245 | +€2,643 | +0.3% |
| Non-distributable reserves | 130/1 | €287,602 | €290,245 | +€2,643 | +0.9% |
| Legal reserve | 130 | €33,466 | €33,466 | = | 0.0% |
| Reserves not available under the articles | 1311 | €254,136 | €256,779 | +€2,643 | +1.0% |
| Distributable reserves | 133 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €517,850 | €643,643 | +€125,794 | +24.3% |
| Amounts payable | 17/49 | €3,240,802 | €2,251,014 | -€989,787 | -30.5% |
| Amounts payable after more than one year | 17 | €1,314,014 | €1,368,487 | +€54,473 | +4.1% |
| Financial debts | 170/4 | €1,314,014 | €1,368,487 | +€54,473 | +4.1% |
| Amounts payable within one year | 42/48 | €1,926,287 | €845,356 | -€1.1m | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €161,012 | €177,637 | +€16,625 | +10.3% |
| Financial debts | 43 | €200,000 | €0 | -€200,000 | -100.0% |
| Credit institutions | 430/8 | €200,000 | €0 | -€200,000 | -100.0% |
| Trade debts | 44 | €134,747 | €101,185 | -€33,561 | -24.9% |
| Suppliers | 440/4 | €134,747 | €101,185 | -€33,561 | -24.9% |
| Taxes, remuneration and social security | 45 | €16,662 | €54,427 | +€37,765 | +226.7% |
| Taxes | 450/3 | €16,662 | €54,427 | +€37,765 | +226.7% |
| Other amounts payable | 47/48 | €1,413,866 | €512,106 | -€901,760 | -63.8% |
| Accrued charges and deferred income | 492/3 | €501 | €37,172 | +€36,671 | +7326.6% |
| Remuneration, social security and pensions | 62 | €573 | €200 | -€373 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,392 | €63,124 | +€1,732 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €47,970 | - | -€47,970 | |
| Other operating charges | 640/8 | €75,331 | €91,238 | +€15,907 | +21.1% |
| Gross operating margin | 9900 | €836,188 | €388,205 | -€447,983 | -53.6% |
| Operating profit (loss) | 9901 | €650,922 | €233,643 | -€417,279 | -64.1% |
| Financial income | 75/76B | €234 | €4,573 | +€4,339 | +1851.8% |
| Recurring financial income | 75 | €234 | €4,573 | +€4,339 | +1851.8% |
| Financial charges | 65/66B | €72,582 | €70,492 | -€2,090 | -2.9% |
| Recurring financial charges | 65 | €72,582 | €70,492 | -€2,090 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €578,575 | €167,724 | -€410,851 | -71.0% |
| Income taxes | 67/77 | €10,043 | €41,930 | +€31,887 | +317.5% |
| Profit (loss) for the period | 9904 | €568,532 | €125,794 | -€442,738 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €568,532 | €125,794 | -€442,738 | -77.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.