L.D. ELECTRICSYSTEMS: 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.
L.D. ELECTRICSYSTEMS
Largest movements
- Receivables within one year -€120,564
down €120,564 (-66.1%), from €182,480 to €61,915
of which Trade receivables: -€118,413
- Tangible fixed assets -€57,261
down €57,261 (-12.1%), from €473,637 to €416,377
of which Land and buildings: -€46,776
- Stocks and contracts +€18,611
up €18,611 (+1,297%), from €1,435 to €20,047
- Cash +€7,487
up €7,487 (+88.6%), from €8,454 to €15,941
mainly Receivables within one year (+€120,564) and Depreciation (+€57,261)
- Trade debts -€78,360
down €78,360 (-78.3%), from €100,071 to €21,711
- Debts after one year -€53,919
down €53,919 (-13.6%), from €395,361 to €341,442
- Other debts -€8,178
down €8,178 (-8.3%), from €98,481 to €90,303
- Advances received -€6,723
no longer reported in 2025 (was €6,723)
- Staff costs -€6,876
no longer reported in 2025 (was €6,876)
- Gross operating margin -€2,519
down €2,519 (-3.5%), from €71,262 to €68,743
- Financial charges +€1,539
up €1,539 (+11.6%), from €13,311 to €14,850
of which Non-recurring financial charges: +€2,831
- Financial income -€940
down €940 (-65.6%), from €1,434 to €494
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 | €666,106 | €514,905 | -€151,201 | -22.7% |
| Fixed assets | 21/28 | €473,737 | €416,476 | -€57,261 | -12.1% |
| Tangible fixed assets | 22/27 | €473,637 | €416,377 | -€57,261 | -12.1% |
| Land and buildings | 22 | €453,941 | €407,166 | -€46,776 | -10.3% |
| Plant, machinery and equipment | 23 | €5,124 | €3,793 | -€1,332 | -26.0% |
| Furniture and vehicles | 24 | €9,041 | €1,787 | -€7,254 | -80.2% |
| Other tangible fixed assets | 26 | €5,530 | €3,631 | -€1,899 | -34.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €192,369 | €98,429 | -€93,940 | -48.8% |
| Stocks and contracts in progress | 3 | €1,435 | €20,047 | +€18,611 | +1,297% |
| Stocks | 30/36 | €1,435 | €20,047 | +€18,611 | +1,297% |
| Amounts receivable within one year | 40/41 | €182,480 | €61,915 | -€120,564 | -66.1% |
| Trade receivables | 40 | €179,600 | €61,187 | -€118,413 | -65.9% |
| Other amounts receivable | 41 | €2,880 | €729 | -€2,151 | -74.7% |
| Cash at bank and in hand | 54/58 | €8,454 | €15,941 | +€7,487 | +88.6% |
| Deferred charges and accrued income | 490/1 | - | €526 | +€526 | |
| Total equity and liabilities | 10/49 | €666,106 | €514,905 | -€151,201 | -22.7% |
| Equity | 10/15 | €10,988 | €6,649 | -€4,339 | -39.5% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,464 | -€20,802 | -€4,339 | -26.4% |
| Amounts payable | 17/49 | €655,119 | €508,257 | -€146,862 | -22.4% |
| Amounts payable after more than one year | 17 | €395,361 | €341,442 | -€53,919 | -13.6% |
| Financial debts | 170/4 | €395,361 | €341,442 | -€53,919 | -13.6% |
| Amounts payable within one year | 42/48 | €259,442 | €166,815 | -€92,627 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €52,442 | €53,919 | +€1,477 | +2.8% |
| Trade debts | 44 | €100,071 | €21,711 | -€78,360 | -78.3% |
| Suppliers | 440/4 | €100,071 | €21,711 | -€78,360 | -78.3% |
| Advances received on contracts in progress | 46 | €6,723 | - | -€6,723 | |
| Taxes, remuneration and social security | 45 | €1,725 | €882 | -€843 | -48.9% |
| Taxes | 450/3 | €541 | €579 | +€38 | +7.0% |
| Remuneration and social security | 454/9 | €1,184 | €303 | -€881 | -74.4% |
| Other amounts payable | 47/48 | €98,481 | €90,303 | -€8,178 | -8.3% |
| Accrued charges and deferred income | 492/3 | €316 | - | -€316 | |
| Remuneration, social security and pensions | 62 | €6,876 | - | -€6,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,432 | €57,261 | -€171 | -0.3% |
| Other operating charges | 640/8 | €923 | €1,323 | +€400 | +43.4% |
| Gross operating margin | 9900 | €71,262 | €68,743 | -€2,519 | -3.5% |
| Operating profit (loss) | 9901 | €6,031 | €10,159 | +€4,127 | +68.4% |
| Financial income | 75/76B | €1,434 | €494 | -€940 | -65.6% |
| Recurring financial income | 75 | €1,434 | €494 | -€940 | -65.6% |
| Financial charges | 65/66B | €13,311 | €14,850 | +€1,539 | +11.6% |
| Recurring financial charges | 65 | €12,131 | €10,839 | -€1,292 | -10.6% |
| Non-recurring financial charges | 66B | €1,180 | €4,011 | +€2,831 | +240% |
| Profit (loss) for the period before taxes | 9903 | -€5,846 | -€4,198 | +€1,648 | +28.2% |
| Income taxes | 67/77 | €126 | €141 | +€15 | +12.2% |
| Profit (loss) for the period | 9904 | -€5,972 | -€4,339 | +€1,633 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,972 | -€4,339 | +€1,633 | +27.3% |
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 23 October 2026 via checked.be.