LOCARAF: 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.
LOCARAF
Largest movements
- Receivables within one year +€18,137
up €18,137 (+1258.6%), from €1,441 to €19,578
of which Trade receivables: +€12,559
- Tangible fixed assets +€17,143
new in 2024: €17,143
of which Furniture and vehicles: +€11,685
- Deferred charges and accrued income +€763
new in 2024: €763
- Trade debts +€30,477
up €30,477 (+2506.3%), from €1,216 to €31,693
- Other debts +€13,283
up €13,283 (+15.7%), from €84,360 to €97,644
- Profit (loss) carried forward -€7,208
down €7,208 (-6.9%), from -€103,996 to -€111,204
- Depreciation +€10,277
new in 2024: €10,277
- Gross operating margin +€6,811
up €6,811, from -€2,364 to €4,447
- Purchases and services -€2,449
no longer reported in 2024 (was €2,449)
- Other operating charges +€678
up €678 (+798.0%), from €85 to €763
- Financial charges -€83
down €83 (-21.0%), from €396 to €312
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,441 | €37,663 | +€36,222 | +2513.4% |
| Fixed assets | 21/28 | - | €17,143 | +€17,143 | |
| Tangible fixed assets | 22/27 | - | €17,143 | +€17,143 | |
| Plant, machinery and equipment | 23 | - | €5,458 | +€5,458 | |
| Furniture and vehicles | 24 | - | €11,685 | +€11,685 | |
| Current assets | 29/58 | €1,441 | €20,520 | +€19,078 | +1323.9% |
| Amounts receivable within one year | 40/41 | €1,441 | €19,578 | +€18,137 | +1258.6% |
| Trade receivables | 40 | €1,441 | €14,000 | +€12,559 | +871.5% |
| Other amounts receivable | 41 | - | €5,578 | +€5,578 | |
| Cash at bank and in hand | 54/58 | - | €178 | +€178 | |
| Deferred charges and accrued income | 490/1 | - | €763 | +€763 | |
| Total equity and liabilities | 10/49 | €1,441 | €37,663 | +€36,222 | +2513.4% |
| Equity | 10/15 | -€84,466 | -€91,674 | -€7,208 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €930 | €930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,996 | -€111,204 | -€7,208 | -6.9% |
| Amounts payable | 17/49 | €85,907 | €129,336 | +€43,429 | +50.6% |
| Amounts payable within one year | 42/48 | €85,907 | €129,336 | +€43,429 | +50.6% |
| Financial debts | 43 | €331 | - | -€331 | |
| Credit institutions | 430/8 | €331 | - | -€331 | |
| Trade debts | 44 | €1,216 | €31,693 | +€30,477 | +2506.3% |
| Suppliers | 440/4 | €1,216 | €31,693 | +€30,477 | +2506.3% |
| Other amounts payable | 47/48 | €84,360 | €97,644 | +€13,283 | +15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,449 | - | -€2,449 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,277 | +€10,277 | |
| Other operating charges | 640/8 | €85 | €763 | +€678 | +798.0% |
| Gross operating margin | 9900 | -€2,364 | €4,447 | +€6,811 | |
| Operating profit (loss) | 9901 | -€2,449 | -€6,593 | -€4,144 | -169.2% |
| Financial charges | 65/66B | €396 | €312 | -€83 | -21.0% |
| Recurring financial charges | 65 | €396 | €312 | -€83 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,845 | -€6,905 | -€4,061 | -142.7% |
| Profit (loss) for the period | 9904 | -€2,845 | -€6,905 | -€4,061 | -142.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,845 | -€6,905 | -€4,061 | -142.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.