LOCAVIVIER: 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.
What changed
LOCAVIVIER
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,060
2024 · €38,657-€34,596
Equity
€64,646
2024 · €60,586+€4,060
Cash
€24
2024 · €1,781-€1,757
Balance sheet total
€626,076
2024 · €669,340-€43,264
Largest movements
Assets
- Tangible fixed assets -€33,233
down €33,233 (-5.4%), from €620,441 to €587,208
of which Land and buildings: -€31,228
- Deferred charges and accrued income -€7,118
down €7,118 (-100%), from €7,118 to €0
Equity and liabilities
- Debts after one year -€44,559
down €44,559 (-8.3%), from €538,227 to €493,668
Income statement
- Gross operating margin -€45,969
down €45,969 (-46.0%), from €99,896 to €53,927
- Taxes -€11,127
down €11,127 (-86.4%), from €12,886 to €1,758
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.
Result 2024
€38,657
Gross operating margin
-€45,969
Other operating charges
-€143
Financial charges
+€388
Taxes
+€11,127
Result 2025
€4,060
raises the resultlowers the result
Derived cash bridge
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
+€40,130
Investment
+€2,004
Financing
-€43,891
Cash 2024
€1,781
From operations (derived)
+€40,130
Net result for the year
+€4,060
Depreciation
+€31,228
Receivables within one year
+€1,157
Deferred charges and accrued income
+€7,118
Trade debts
-€118
Tax, wage and social debts
-€3,316
Investment (derived)
+€2,004
Investment in fixed assets (net)
+€2,004
Financing
-€43,891
Debts after one year
-€44,559
Current portion of long-term debt
+€605
Short-term financial debts
+€63
Cash 2025
€24
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €669,340 | €626,076 | -€43,264 | -6.5% |
| Fixed assets | 21/28 | €620,441 | €587,208 | -€33,233 | -5.4% |
| Tangible fixed assets | 22/27 | €620,441 | €587,208 | -€33,233 | -5.4% |
| Land and buildings | 22 | €618,436 | €587,208 | -€31,228 | -5.0% |
| Assets under construction and advance payments | 27 | €2,004 | €0 | -€2,004 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €48,899 | €38,867 | -€10,031 | -20.5% |
| Amounts receivable within one year | 40/41 | €40,000 | €38,843 | -€1,157 | -2.9% |
| Other amounts receivable | 41 | €40,000 | €38,843 | -€1,157 | -2.9% |
| Cash at bank and in hand | 54/58 | €1,781 | €24 | -€1,757 | -98.6% |
| Deferred charges and accrued income | 490/1 | €7,118 | €0 | -€7,118 | -100% |
| Total equity and liabilities | 10/49 | €669,340 | €626,076 | -€43,264 | -6.5% |
| Equity | 10/15 | €60,586 | €64,646 | +€4,060 | +6.7% |
| Contributions | 10/11 | €10,395 | €10,395 | = | 0.0% |
| Reserves | 13 | €249 | €249 | = | 0.0% |
| Non-distributable reserves | 130/1 | €249 | €249 | = | 0.0% |
| Reserves not available under the articles | 1311 | €249 | €249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,942 | €54,002 | +€4,060 | +8.1% |
| Amounts payable | 17/49 | €608,754 | €561,430 | -€47,324 | -7.8% |
| Amounts payable after more than one year | 17 | €538,227 | €493,668 | -€44,559 | -8.3% |
| Financial debts | 170/4 | €538,227 | €493,668 | -€44,559 | -8.3% |
| Amounts payable within one year | 42/48 | €70,527 | €67,762 | -€2,765 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €43,954 | €44,559 | +€605 | +1.4% |
| Financial debts | 43 | €2 | €65 | +€63 | +3,159% |
| Credit institutions | 430/8 | €2 | €65 | +€63 | +3,159% |
| Trade debts | 44 | €8,611 | €8,493 | -€118 | -1.4% |
| Suppliers | 440/4 | €8,611 | €8,493 | -€118 | -1.4% |
| Taxes, remuneration and social security | 45 | €17,960 | €14,644 | -€3,316 | -18.5% |
| Taxes | 450/3 | €17,960 | €14,644 | -€3,316 | -18.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,228 | €31,228 | = | 0.0% |
| Other operating charges | 640/8 | €8,205 | €8,348 | +€143 | +1.7% |
| Gross operating margin | 9900 | €99,896 | €53,927 | -€45,969 | -46.0% |
| Operating profit (loss) | 9901 | €60,462 | €14,351 | -€46,111 | -76.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,920 | €8,532 | -€388 | -4.4% |
| Recurring financial charges | 65 | €8,920 | €8,532 | -€388 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €51,542 | €5,819 | -€45,723 | -88.7% |
| Income taxes | 67/77 | €12,886 | €1,758 | -€11,127 | -86.4% |
| Profit (loss) for the period | 9904 | €38,657 | €4,060 | -€34,596 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,657 | €4,060 | -€34,596 | -89.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.