LOCCAR: 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.
LOCCAR
Largest movements
- Deferred charges and accrued income +€6,731
up €6,731 (+17.6%), from €38,272 to €45,003
- Receivables within one year +€4,443
up €4,443 (+387%), from €1,147 to €5,590
of which Trade receivables: +€4,312
- Cash -€1,662
down €1,662 (-2.7%), from €61,065 to €59,403
mainly Trade debts (-€14,219) and Accrued charges and deferred income (-€12,000)
- Debts after one year +€22,070
new in 2025: €22,070
- Trade debts -€14,219
down €14,219 (-52.8%), from €26,919 to €12,700
- Accrued charges and deferred income -€12,000
down €12,000 (-99.6%), from €12,052 to €52
- Tax, wage and social debts +€9,354
up €9,354 (+67.1%), from €13,951 to €23,305
of which Taxes: +€7,741
- Reserves +€5,685
up €5,685 (+7.5%), from €75,998 to €81,682
- Gross operating margin +€8,003
up €8,003 (+8.3%), from €96,412 to €104,415
- Other operating charges +€4,630
up €4,630 (+22.5%), from €20,585 to €25,215
- Staff costs +€4,284
up €4,284 (+8.3%), from €51,915 to €56,199
- Depreciation -€3,662
down €3,662 (-24.9%), from €14,719 to €11,057
- Financial charges +€1,700
up €1,700 (+169%), from €1,004 to €2,704
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,027 | €160,529 | +€9,502 | +6.3% |
| Fixed assets | 21/28 | €50,543 | €50,533 | -€10 | 0.0% |
| Tangible fixed assets | 22/27 | €50,393 | €50,383 | -€10 | 0.0% |
| Plant, machinery and equipment | 23 | €668 | €344 | -€324 | -48.5% |
| Furniture and vehicles | 24 | €49,725 | €50,039 | +€314 | +0.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €100,484 | €109,996 | +€9,512 | +9.5% |
| Amounts receivable within one year | 40/41 | €1,147 | €5,590 | +€4,443 | +387% |
| Trade receivables | 40 | €1,147 | €5,459 | +€4,312 | +376% |
| Other amounts receivable | 41 | - | €131 | +€131 | |
| Cash at bank and in hand | 54/58 | €61,065 | €59,403 | -€1,662 | -2.7% |
| Deferred charges and accrued income | 490/1 | €38,272 | €45,003 | +€6,731 | +17.6% |
| Total equity and liabilities | 10/49 | €151,027 | €160,529 | +€9,502 | +6.3% |
| Equity | 10/15 | €95,998 | €101,682 | +€5,685 | +5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €75,998 | €81,682 | +€5,685 | +7.5% |
| Distributable reserves | 133 | €75,998 | €81,682 | +€5,685 | +7.5% |
| Amounts payable | 17/49 | €55,029 | €58,847 | +€3,817 | +6.9% |
| Amounts payable after more than one year | 17 | - | €22,070 | +€22,070 | |
| Financial debts | 170/4 | - | €22,070 | +€22,070 | |
| Amounts payable within one year | 42/48 | €42,977 | €36,725 | -€6,253 | -14.5% |
| Trade debts | 44 | €26,919 | €12,700 | -€14,219 | -52.8% |
| Suppliers | 440/4 | €26,919 | €12,700 | -€14,219 | -52.8% |
| Taxes, remuneration and social security | 45 | €13,951 | €23,305 | +€9,354 | +67.1% |
| Taxes | 450/3 | €7,531 | €15,271 | +€7,741 | +103% |
| Remuneration and social security | 454/9 | €6,420 | €8,034 | +€1,614 | +25.1% |
| Other amounts payable | 47/48 | €2,108 | €719 | -€1,388 | -65.9% |
| Accrued charges and deferred income | 492/3 | €12,052 | €52 | -€12,000 | -99.6% |
| Remuneration, social security and pensions | 62 | €51,915 | €56,199 | +€4,284 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,719 | €11,057 | -€3,662 | -24.9% |
| Other operating charges | 640/8 | €20,585 | €25,215 | +€4,630 | +22.5% |
| Gross operating margin | 9900 | €96,412 | €104,415 | +€8,003 | +8.3% |
| Operating profit (loss) | 9901 | €9,193 | €11,944 | +€2,751 | +29.9% |
| Financial income | 75/76B | €279 | €11 | -€268 | -96.0% |
| Recurring financial income | 75 | €279 | €11 | -€268 | -96.0% |
| Financial charges | 65/66B | €1,004 | €2,704 | +€1,700 | +169% |
| Recurring financial charges | 65 | €1,004 | €2,704 | +€1,700 | +169% |
| Profit (loss) for the period before taxes | 9903 | €8,469 | €9,251 | +€782 | +9.2% |
| Income taxes | 67/77 | €3,573 | €3,567 | -€6 | -0.2% |
| Profit (loss) for the period | 9904 | €4,896 | €5,685 | +€789 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,896 | €5,685 | +€789 | +16.1% |
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 16 October 2026 via checked.be.