LOCAWI: 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.
LOCAWI
Largest movements
- Tangible fixed assets +€49,728
up €49,728 (+17.6%), from €282,266 to €331,994
of which Leasing and similar rights: +€57,864
- Cash +€26,297
up €26,297 (+61.5%), from €42,735 to €69,032
mainly Net result for the year (+€63,834) and Debts after one year (+€33,108)
- Receivables within one year -€22,125
down €22,125 (-52.7%), from €41,986 to €19,862
of which Other amounts receivable: -€23,056
- Reserves +€50,000
up €50,000 (+500.0%), from €10,000 to €60,000
of which Distributable reserves: +€60,000
- Other debts -€40,173
down €40,173 (-35.0%), from €114,880 to €74,707
- Debts after one year +€33,108
up €33,108 (+253.5%), from €13,060 to €46,168
- Accrued charges and deferred income -€21,963
down €21,963 (-91.6%), from €23,974 to €2,011
- Current portion of long-term debt +€11,051
new in 2025: €11,051
- Purchases and services -€18,776
no longer reported in 2025 (was €18,776)
- Depreciation -€9,062
down €9,062 (-32.5%), from €27,903 to €18,841
- Other operating charges +€7,065
up €7,065 (+994.4%), from €710 to €7,775
- Taxes +€1,619
up €1,619 (+5.7%), from €28,624 to €30,243
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 | €367,699 | €421,284 | +€53,585 | +14.6% |
| Fixed assets | 21/28 | €282,437 | €331,994 | +€49,557 | +17.5% |
| Tangible fixed assets | 22/27 | €282,266 | €331,994 | +€49,728 | +17.6% |
| Land and buildings | 22 | €282,266 | €270,706 | -€11,560 | -4.1% |
| Plant, machinery and equipment | 23 | - | €3,424 | +€3,424 | |
| Leasing and similar rights | 25 | - | €57,864 | +€57,864 | |
| Financial fixed assets | 28 | €171 | - | -€171 | |
| Current assets | 29/58 | €85,262 | €89,290 | +€4,028 | +4.7% |
| Amounts receivable within one year | 40/41 | €41,986 | €19,862 | -€22,125 | -52.7% |
| Trade receivables | 40 | €8,930 | €9,862 | +€932 | +10.4% |
| Other amounts receivable | 41 | €33,056 | €10,000 | -€23,056 | -69.7% |
| Cash at bank and in hand | 54/58 | €42,735 | €69,032 | +€26,297 | +61.5% |
| Deferred charges and accrued income | 490/1 | €541 | €397 | -€144 | -26.7% |
| Total equity and liabilities | 10/49 | €367,699 | €421,284 | +€53,585 | +14.6% |
| Equity | 10/15 | €208,906 | €272,740 | +€63,834 | +30.6% |
| Contributions | 10/11 | €100,000 | €110,000 | +€10,000 | +10.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €10,000 | €60,000 | +€50,000 | +500.0% |
| Non-distributable reserves | 130/1 | €10,000 | - | -€10,000 | |
| Legal reserve | 130 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | - | €60,000 | +€60,000 | |
| Profit (loss) carried forward | 14 | €98,906 | €102,740 | +€3,834 | +3.9% |
| Amounts payable | 17/49 | €158,792 | €148,543 | -€10,249 | -6.5% |
| Amounts payable after more than one year | 17 | €13,060 | €46,168 | +€33,108 | +253.5% |
| Financial debts | 170/4 | €13,060 | €46,168 | +€33,108 | +253.5% |
| Amounts payable within one year | 42/48 | €121,758 | €100,364 | -€21,394 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,051 | +€11,051 | |
| Trade debts | 44 | - | €1,241 | +€1,241 | |
| Suppliers | 440/4 | - | €1,241 | +€1,241 | |
| Taxes, remuneration and social security | 45 | €6,878 | €13,365 | +€6,487 | +94.3% |
| Taxes | 450/3 | €6,878 | €13,365 | +€6,487 | +94.3% |
| Other amounts payable | 47/48 | €114,880 | €74,707 | -€40,173 | -35.0% |
| Accrued charges and deferred income | 492/3 | €23,974 | €2,011 | -€21,963 | -91.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,776 | - | -€18,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,903 | €18,841 | -€9,062 | -32.5% |
| Other operating charges | 640/8 | €710 | €7,775 | +€7,065 | +994.4% |
| Gross operating margin | 9900 | €121,887 | €121,858 | -€29 | 0.0% |
| Operating profit (loss) | 9901 | €93,274 | €95,242 | +€1,968 | +2.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +775.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +775.0% |
| Financial charges | 65/66B | €1,336 | €1,166 | -€170 | -12.7% |
| Recurring financial charges | 65 | €1,336 | €1,166 | -€170 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €91,938 | €94,077 | +€2,139 | +2.3% |
| Income taxes | 67/77 | €28,624 | €30,243 | +€1,619 | +5.7% |
| Profit (loss) for the period | 9904 | €63,315 | €63,834 | +€520 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,315 | €63,834 | +€520 | +0.8% |
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 10 October 2026 via checked.be.