LoCra: 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.
LoCra
Largest movements
- Deferred charges and accrued income +€31,043
up €31,043 (+759%), from €4,089 to €35,132
- Receivables within one year -€21,284
down €21,284 (-12.0%), from €177,372 to €156,088
of which Trade receivables: -€21,284
- Cash -€15,540
down €15,540 (-6.5%), from €239,909 to €224,370
mainly Deferred charges and accrued income (-€31,043) and Other debts (-€29,761)
- Stocks and contracts +€12,758
up €12,758 (+3.4%), from €376,013 to €388,771
- Tangible fixed assets -€9,560
down €9,560 (-35.2%), from €27,164 to €17,604
- Other debts -€29,761
down €29,761 (-15.7%), from €189,624 to €159,863
- Profit (loss) carried forward +€24,642
up €24,642 (+48.1%), from -€51,211 to -€26,569
- Trade debts -€15,348
down €15,348 (-35.0%), from €43,793 to €28,444
- Tax, wage and social debts +€14,573
up €14,573 (+21.5%), from €67,790 to €82,363
of which Taxes: +€7,429
- Gross operating margin +€125,213
up €125,213 (+47.0%), from €266,669 to €391,882
- Staff costs +€65,076
up €65,076 (+24.1%), from €270,518 to €335,594
- Write-downs -€12,526
down €12,526 (-100%), from €12,526 to €0
- Depreciation -€5,769
down €5,769 (-33.5%), from €17,228 to €11,459
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 | €833,926 | €828,031 | -€5,895 | -0.7% |
| Fixed assets | 21/28 | €36,543 | €23,671 | -€12,872 | -35.2% |
| Intangible fixed assets | 21 | €9,379 | €5,817 | -€3,563 | -38.0% |
| Tangible fixed assets | 22/27 | €27,164 | €17,604 | -€9,560 | -35.2% |
| Plant, machinery and equipment | 23 | €2,473 | €382 | -€2,091 | -84.6% |
| Furniture and vehicles | 24 | €10,613 | €6,260 | -€4,353 | -41.0% |
| Other tangible fixed assets | 26 | €14,078 | €10,962 | -€3,116 | -22.1% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €797,383 | €804,361 | +€6,978 | +0.9% |
| Stocks and contracts in progress | 3 | €376,013 | €388,771 | +€12,758 | +3.4% |
| Stocks | 30/36 | €376,013 | €388,771 | +€12,758 | +3.4% |
| Amounts receivable within one year | 40/41 | €177,372 | €156,088 | -€21,284 | -12.0% |
| Trade receivables | 40 | €153,830 | €132,547 | -€21,284 | -13.8% |
| Other amounts receivable | 41 | €23,542 | €23,542 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €239,909 | €224,370 | -€15,540 | -6.5% |
| Deferred charges and accrued income | 490/1 | €4,089 | €35,132 | +€31,043 | +759% |
| Total equity and liabilities | 10/49 | €833,926 | €828,031 | -€5,895 | -0.7% |
| Equity | 10/15 | €532,719 | €557,361 | +€24,642 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €565,331 | €565,331 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €563,471 | €565,331 | +€1,860 | +0.3% |
| Profit (loss) carried forward | 14 | -€51,211 | -€26,569 | +€24,642 | +48.1% |
| Amounts payable | 17/49 | €301,206 | €270,670 | -€30,537 | -10.1% |
| Amounts payable within one year | 42/48 | €301,206 | €270,670 | -€30,537 | -10.1% |
| Trade debts | 44 | €43,793 | €28,444 | -€15,348 | -35.0% |
| Suppliers | 440/4 | €43,793 | €28,444 | -€15,348 | -35.0% |
| Taxes, remuneration and social security | 45 | €67,790 | €82,363 | +€14,573 | +21.5% |
| Taxes | 450/3 | €26,675 | €34,104 | +€7,429 | +27.8% |
| Remuneration and social security | 454/9 | €41,115 | €48,259 | +€7,144 | +17.4% |
| Other amounts payable | 47/48 | €189,624 | €159,863 | -€29,761 | -15.7% |
| Non-recurring operating income | 76A | - | €8,836 | +€8,836 | |
| Remuneration, social security and pensions | 62 | €270,518 | €335,594 | +€65,076 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,228 | €11,459 | -€5,769 | -33.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,526 | €0 | -€12,526 | -100% |
| Other operating charges | 640/8 | €1,608 | €1,227 | -€381 | -23.7% |
| Gross operating margin | 9900 | €266,669 | €391,882 | +€125,213 | +47.0% |
| Operating profit (loss) | 9901 | -€35,211 | €43,602 | +€78,814 | |
| Financial income | 75/76B | €15,399 | €17,806 | +€2,406 | +15.6% |
| Recurring financial income | 75 | €15,399 | €17,806 | +€2,406 | +15.6% |
| Financial charges | 65/66B | €29,941 | €32,452 | +€2,511 | +8.4% |
| Recurring financial charges | 65 | €29,941 | €32,452 | +€2,511 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€49,753 | €28,956 | +€78,709 | |
| Income taxes | 67/77 | €1,458 | €4,314 | +€2,856 | +196% |
| Profit (loss) for the period | 9904 | -€51,211 | €24,642 | +€75,853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,211 | €24,642 | +€75,853 |
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 20 October 2026 via checked.be.