LOCAVERT: 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.
LOCAVERT
Largest movements
- Tangible fixed assets -€39,165
down €39,165 (-27.3%), from €143,549 to €104,384
- Receivables within one year +€8,340
up €8,340 (+6.1%), from €136,216 to €144,555
- Other debts -€18,300
down €18,300 (-14.6%), from €125,446 to €107,146
- Accrued charges and deferred income -€7,410
down €7,410 (-100.0%), from €7,410 to €0
- Debts after one year -€3,532
down €3,532 (-5.7%), from €62,446 to €58,914
- Gross operating margin +€15,793
up €15,793, from -€3,576 to €12,217
- Depreciation -€1,640
down €1,640 (-18.7%), from €8,765 to €7,125
- Other operating charges -€1,244
down €1,244 (-29.7%), from €4,189 to €2,945
- Financial charges -€560
down €560 (-20.3%), from €2,760 to €2,200
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 | €281,382 | €250,046 | -€31,336 | -11.1% |
| Fixed assets | 21/28 | €143,549 | €104,384 | -€39,165 | -27.3% |
| Tangible fixed assets | 22/27 | €143,549 | €104,384 | -€39,165 | -27.3% |
| Land and buildings | 22 | €143,549 | €104,384 | -€39,165 | -27.3% |
| Current assets | 29/58 | €137,832 | €145,662 | +€7,830 | +5.7% |
| Amounts receivable within one year | 40/41 | €136,216 | €144,555 | +€8,340 | +6.1% |
| Other amounts receivable | 41 | €136,216 | €144,555 | +€8,340 | +6.1% |
| Cash at bank and in hand | 54/58 | €1,617 | €1,107 | -€510 | -31.6% |
| Total equity and liabilities | 10/49 | €281,382 | €250,046 | -€31,336 | -11.1% |
| Equity | 10/15 | €77,802 | €77,749 | -€53 | -0.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,802 | €76,749 | -€53 | -0.1% |
| Amounts payable | 17/49 | €203,579 | €172,297 | -€31,282 | -15.4% |
| Amounts payable after more than one year | 17 | €62,446 | €58,914 | -€3,532 | -5.7% |
| Financial debts | 170/4 | €62,446 | €58,914 | -€3,532 | -5.7% |
| Amounts payable within one year | 42/48 | €133,723 | €113,383 | -€20,340 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €3,719 | €3,822 | +€103 | +2.8% |
| Trade debts | 44 | €4,558 | €2,415 | -€2,143 | -47.0% |
| Suppliers | 440/4 | €4,558 | €2,415 | -€2,143 | -47.0% |
| Other amounts payable | 47/48 | €125,446 | €107,146 | -€18,300 | -14.6% |
| Accrued charges and deferred income | 492/3 | €7,410 | €0 | -€7,410 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,765 | €7,125 | -€1,640 | -18.7% |
| Other operating charges | 640/8 | €4,189 | €2,945 | -€1,244 | -29.7% |
| Gross operating margin | 9900 | -€3,576 | €12,217 | +€15,793 | |
| Operating profit (loss) | 9901 | -€16,530 | €2,147 | +€18,677 | |
| Financial charges | 65/66B | €2,760 | €2,200 | -€560 | -20.3% |
| Recurring financial charges | 65 | €2,760 | €2,200 | -€560 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,290 | -€53 | +€19,237 | +99.7% |
| Profit (loss) for the period | 9904 | -€19,290 | -€53 | +€19,237 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,290 | -€53 | +€19,237 | +99.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.