LOCAPROMOTION: 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.
LOCAPROMOTION
Largest movements
- Tangible fixed assets -€21,528
down €21,528 (-8.8%), from €244,543 to €223,014
of which Land and buildings: -€16,449
- Financial fixed assets -€4,000
down €4,000 (-6.1%), from €65,973 to €61,973
- Debts after one year -€17,435
down €17,435 (-10.9%), from €160,465 to €143,030
- Reserves -€4,734
down €4,734 (-8.3%), from €56,807 to €52,073
- Other debts -€4,494
down €4,494 (-38.1%), from €11,792 to €7,297
- Depreciation -€5,352
down €5,352 (-19.9%), from €26,881 to €21,528
- Gross operating margin -€2,329
down €2,329 (-7.6%), from €30,733 to €28,404
- Taxes -€776
down €776 (-78.2%), from €993 to €217
- Other operating charges -€626
down €626 (-5.9%), from €10,703 to €10,077
- Financial charges +€352
up €352 (+7.9%), from €4,444 to €4,796
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,010 | €291,309 | -€29,701 | -9.3% |
| Fixed assets | 21/28 | €310,516 | €284,988 | -€25,528 | -8.2% |
| Tangible fixed assets | 22/27 | €244,543 | €223,014 | -€21,528 | -8.8% |
| Land and buildings | 22 | €235,536 | €219,087 | -€16,449 | -7.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €9,007 | €3,927 | -€5,079 | -56.4% |
| Financial fixed assets | 28 | €65,973 | €61,973 | -€4,000 | -6.1% |
| Current assets | 29/58 | €10,494 | €6,321 | -€4,172 | -39.8% |
| Amounts receivable within one year | 40/41 | €3,044 | €1,626 | -€1,418 | -46.6% |
| Trade receivables | 40 | €2,169 | €343 | -€1,826 | -84.2% |
| Other amounts receivable | 41 | €875 | €1,283 | +€408 | +46.7% |
| Cash at bank and in hand | 54/58 | €6,410 | €3,523 | -€2,887 | -45.0% |
| Deferred charges and accrued income | 490/1 | €1,040 | €1,172 | +€132 | +12.7% |
| Total equity and liabilities | 10/49 | €321,010 | €291,309 | -€29,701 | -9.3% |
| Equity | 10/15 | €114,560 | €107,567 | -€6,994 | -6.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €56,807 | €52,073 | -€4,734 | -8.3% |
| Tax-exempt reserves | 132 | €56,807 | €52,073 | -€4,734 | -8.3% |
| Profit (loss) carried forward | 14 | -€4,220 | -€6,479 | -€2,260 | -53.5% |
| Provisions and deferred taxes | 16 | €14,558 | €13,345 | -€1,213 | -8.3% |
| Deferred taxes | 168 | €14,558 | €13,345 | -€1,213 | -8.3% |
| Amounts payable | 17/49 | €191,891 | €170,397 | -€21,494 | -11.2% |
| Amounts payable after more than one year | 17 | €160,465 | €143,030 | -€17,435 | -10.9% |
| Financial debts | 170/4 | €160,465 | €143,030 | -€17,435 | -10.9% |
| Amounts payable within one year | 42/48 | €31,426 | €27,367 | -€4,059 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €16,858 | €18,372 | +€1,514 | +9.0% |
| Trade debts | 44 | €1,730 | €1,698 | -€32 | -1.9% |
| Suppliers | 440/4 | €1,730 | €1,698 | -€32 | -1.9% |
| Taxes, remuneration and social security | 45 | €1,047 | €0 | -€1,047 | -100.0% |
| Taxes | 450/3 | €1,047 | €0 | -€1,047 | -100.0% |
| Other amounts payable | 47/48 | €11,792 | €7,297 | -€4,494 | -38.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,881 | €21,528 | -€5,352 | -19.9% |
| Other operating charges | 640/8 | €10,703 | €10,077 | -€626 | -5.9% |
| Gross operating margin | 9900 | €30,733 | €28,404 | -€2,329 | -7.6% |
| Operating profit (loss) | 9901 | -€6,851 | -€3,202 | +€3,649 | +53.3% |
| Financial income | 75/76B | €0 | €8 | +€8 | +39650.0% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +39650.0% |
| Financial charges | 65/66B | €4,444 | €4,796 | +€352 | +7.9% |
| Recurring financial charges | 65 | €4,444 | €4,796 | +€352 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,295 | -€7,990 | +€3,305 | +29.3% |
| Transfer from deferred taxes | 780 | €2,277 | €1,213 | -€1,063 | -46.7% |
| Income taxes | 67/77 | €993 | €217 | -€776 | -78.2% |
| Profit (loss) for the period | 9904 | -€10,011 | -€6,994 | +€3,017 | +30.1% |
| Transfer from tax-exempt reserves | 789 | €8,883 | €4,734 | -€4,149 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,128 | -€2,260 | -€1,132 | -100.3% |
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 7 October 2026 via checked.be.