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LOCAVAN: 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

LOCAVAN

BE 0766.694.829
NACE 77.110, Renting and leasing of cars and light motor vehicles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,987
2024 · €3,385-€6,372
Equity
€10,766
2024 · €13,753-€2,987
Cash
€61,208
2024 · €58,304+€2,904
Balance sheet total
€67,556
2024 · €100,963-€33,408

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€32,963

    down €32,963 (-89.9%), from €36,663 to €3,700

    of which Trade receivables: -€32,997

  • Tangible fixed assets -€3,041

    down €3,041 (-100.0%), from €3,041 to €0

  • Cash +€2,904

    up €2,904 (+5.0%), from €58,304 to €61,208

    mainly Receivables within one year (+€32,963) and Depreciation (+€1,698)

Equity and liabilities
  • Current portion of long-term debt -€21,630

    no longer reported in 2025 (was €21,630)

  • Tax, wage and social debts -€5,667

    down €5,667 (-100.0%), from €5,667 to €0

  • Trade debts -€3,106

    down €3,106 (-86.9%), from €3,576 to €470

  • Profit (loss) carried forward -€2,987

    down €2,987 (-26.5%), from €11,253 to €8,266

Income statement
  • Gross operating margin -€19,956

    down €19,956 (-98.5%), from €20,260 to €304

  • Depreciation -€9,905

    down €9,905 (-85.4%), from €11,603 to €1,698

  • Other operating charges -€2,014

    down €2,014 (-60.5%), from €3,328 to €1,314

  • Taxes -€1,456

    down €1,456 (-100.0%), from €1,456 to €0

  • Financial charges -€209

    down €209 (-42.8%), from €488 to €279

From the 2024 result to the 2025 result

effect on the 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 2024 €3,385
Gross operating margin -€19,956
Depreciation +€9,905
Other operating charges +€2,014
Financial charges +€209
Taxes +€1,456
Result 2025 -€2,987

Cash bridge derived

cash 2024 to 2025

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.

From operations +€23,191
Investment +€1,342
Financing -€21,630
Cash 2024 €58,304
Net result for the year -€2,987
Depreciation +€1,698
Receivables within one year +€32,963
Deferred charges and accrued income +€307
Trade debts -€3,106
Tax, wage and social debts -€5,667
Accrued charges and deferred income -€18
Investment in fixed assets (net) +€1,342
Current portion of long-term debt -€21,630
Cash 2025 €61,208
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €100,963 €67,556 -€33,408 -33.1%
Fixed assets 21/28 €3,041 €0 -€3,041 -100.0%
Tangible fixed assets 22/27 €3,041 €0 -€3,041 -100.0%
Furniture and vehicles 24 €3,041 €0 -€3,041 -100.0%
Current assets 29/58 €97,923 €67,556 -€30,367 -31.0%
Amounts receivable within one year 40/41 €36,663 €3,700 -€32,963 -89.9%
Trade receivables 40 €36,663 €3,666 -€32,997 -90.0%
Other amounts receivable 41 €0 €34 +€34
Cash at bank and in hand 54/58 €58,304 €61,208 +€2,904 +5.0%
Deferred charges and accrued income 490/1 €2,955 €2,648 -€307 -10.4%
Total equity and liabilities 10/49 €100,963 €67,556 -€33,408 -33.1%
Equity 10/15 €13,753 €10,766 -€2,987 -21.7%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €11,253 €8,266 -€2,987 -26.5%
Amounts payable 17/49 €87,210 €56,790 -€30,421 -34.9%
Amounts payable after more than one year 17 €52,500 €52,500 = 0.0%
Financial debts 170/4 €52,500 €52,500 = 0.0%
Amounts payable within one year 42/48 €34,636 €4,233 -€30,403 -87.8%
Current portion of amounts payable after more than one year 42 €21,630 - -€21,630
Trade debts 44 €3,576 €470 -€3,106 -86.9%
Suppliers 440/4 €3,576 €470 -€3,106 -86.9%
Taxes, remuneration and social security 45 €5,667 €0 -€5,667 -100.0%
Taxes 450/3 €5,667 - -€5,667
Other amounts payable 47/48 €3,763 €3,763 = 0.0%
Accrued charges and deferred income 492/3 €74 €57 -€18 -23.8%
Non-recurring operating income 76A - €5,058 +€5,058
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,603 €1,698 -€9,905 -85.4%
Other operating charges 640/8 €3,328 €1,314 -€2,014 -60.5%
Gross operating margin 9900 €20,260 €304 -€19,956 -98.5%
Operating profit (loss) 9901 €5,329 -€2,708 -€8,037
Financial charges 65/66B €488 €279 -€209 -42.8%
Recurring financial charges 65 €488 €279 -€209 -42.8%
Profit (loss) for the period before taxes 9903 €4,841 -€2,987 -€7,828
Income taxes 67/77 €1,456 €0 -€1,456 -100.0%
Profit (loss) for the period 9904 €3,385 -€2,987 -€6,372
Profit (loss) for the period to be appropriated 9905 €3,385 -€2,987 -€6,372

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.