L.D. GEMS: 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
L.D. GEMS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€531,394
2024 · €52,679-€584,073
Equity
€5.8m
2024 · €6.4m-€531,394
Cash
€1.0m
2024 · €2.8m-€1.8m
Balance sheet total
€6.0m
2024 · €6.4m-€455,477
Largest movements
Assets
- Cash -€1.8m
down €1.8m (-64.1%), from €2.8m to €1.0m
mainly Receivables within one year (-€1.2m) and Net result for the year (-€531,394)
- Receivables within one year +€1.2m
up €1.2m (+60.0%), from €2.1m to €3.3m
of which Other amounts receivable: +€747,404
- Stocks and contracts +€371,600
up €371,600 (+53.6%), from €693,780 to €1.1m
- Tangible fixed assets -€250,233
down €250,233 (-41.9%), from €597,407 to €347,174
of which Land and buildings: -€245,197
Equity and liabilities
- Profit (loss) carried forward -€531,394
new in 2025: -€531,394
Income statement
- Turnover -€5.1m
down €5.1m (-46.9%), from €11.0m to €5.8m
- Goods and materials -€4.5m
down €4.5m (-43.0%), from €10.5m to €6.0m
of which Purchases: -€2.5m
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
€52,679
Turnover
-€5.1m
Other operating income
+€19,030
Goods and materials
+€4.5m
Services and other goods
-€49,084
Staff costs
+€33,266
Depreciation
+€7,832
Other operating charges
-€69,175
Other operating items
+€51,782
Financial income
+€47,421
Financial charges
+€8,258
Taxes
-€19,143
Result 2025
-€531,394
raises the resultlowers the resultnot broken down further in the accounts
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
-€2.0m
Investment
+€230,838
Financing
€0
Cash 2024
€2.8m
From operations (derived)
-€2.0m
Net result for the year
-€531,394
Depreciation
+€19,395
Stocks and contracts
-€371,600
Receivables within one year
-€1.2m
Smaller working-capital items
-€2,875
Trade debts
+€23,566
Tax, wage and social debts
+€52,420
Investment (derived)
+€230,838
Investment in fixed assets (net)
+€230,838
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,440,116 | €5,984,639 | -€455,477 | -7.1% |
| Fixed assets | 21/28 | €597,407 | €347,174 | -€250,233 | -41.9% |
| Tangible fixed assets | 22/27 | €597,407 | €347,174 | -€250,233 | -41.9% |
| Land and buildings | 22 | €579,058 | €333,861 | -€245,197 | -42.3% |
| Plant, machinery and equipment | 23 | €13,720 | €9,715 | -€4,005 | -29.2% |
| Furniture and vehicles | 24 | €4,630 | €3,598 | -€1,032 | -22.3% |
| Current assets | 29/58 | €5,842,709 | €5,637,465 | -€205,243 | -3.5% |
| Amounts receivable after more than one year | 29 | €259,746 | €259,746 | = | 0.0% |
| Other amounts receivable | 291 | €259,746 | €259,746 | = | 0.0% |
| Stocks and contracts in progress | 3 | €693,780 | €1,065,380 | +€371,600 | +53.6% |
| Stocks | 30/36 | €693,780 | €1,065,380 | +€371,600 | +53.6% |
| Goods purchased for resale | 34 | €693,780 | €1,065,380 | +€371,600 | +53.6% |
| Amounts receivable within one year | 40/41 | €2,051,072 | €3,282,100 | +€1.2m | +60.0% |
| Trade receivables | 40 | €1,338,801 | €1,822,424 | +€483,623 | +36.1% |
| Other amounts receivable | 41 | €712,271 | €1,459,676 | +€747,404 | +105% |
| Current investments | 50/53 | €4,508 | €4,508 | = | 0.0% |
| Other investments | 51/53 | €4,508 | €4,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,826,842 | €1,016,165 | -€1.8m | -64.1% |
| Deferred charges and accrued income | 490/1 | €6,761 | €9,566 | +€2,806 | +41.5% |
| Total equity and liabilities | 10/49 | €6,440,116 | €5,984,639 | -€455,477 | -7.1% |
| Equity | 10/15 | €6,351,025 | €5,819,632 | -€531,394 | -8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,332,425 | €6,332,425 | = | 0.0% |
| Distributable reserves | 133 | €6,332,425 | €6,332,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€531,394 | -€531,394 | |
| Amounts payable | 17/49 | €89,091 | €165,008 | +€75,917 | +85.2% |
| Amounts payable within one year | 42/48 | €88,968 | €164,954 | +€75,986 | +85.4% |
| Trade debts | 44 | €65,938 | €89,504 | +€23,566 | +35.7% |
| Suppliers | 440/4 | €65,938 | €89,504 | +€23,566 | +35.7% |
| Taxes, remuneration and social security | 45 | €23,030 | €75,450 | +€52,420 | +228% |
| Taxes | 450/3 | €12,305 | €69,184 | +€56,879 | +462% |
| Remuneration and social security | 454/9 | €10,725 | €6,266 | -€4,459 | -41.6% |
| Accrued charges and deferred income | 492/3 | €123 | €54 | -€69 | -56.3% |
| Operating income | 70/76A | €10,990,967 | €5,919,370 | -€5.1m | -46.1% |
| Turnover | 70 | €10,971,544 | €5,829,136 | -€5.1m | -46.9% |
| Other operating income | 74 | €19,423 | €38,452 | +€19,030 | +98.0% |
| Non-recurring operating income | 76A | - | €51,782 | +€51,782 | |
| Operating charges | 60/66A | €10,966,247 | €6,515,260 | -€4.5m | -40.6% |
| Goods for resale, raw materials and consumables | 60 | €10,528,692 | €6,000,544 | -€4.5m | -43.0% |
| Purchases | 600/8 | €8,872,393 | €6,372,144 | -€2.5m | -28.2% |
| Change in stocks: decrease (increase) | 609 | €1,656,299 | -€371,600 | -€2.0m | |
| Services and other goods | 61 | €271,009 | €320,093 | +€49,084 | +18.1% |
| Remuneration, social security and pensions | 62 | €103,513 | €70,247 | -€33,266 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,228 | €19,395 | -€7,832 | -28.8% |
| Other operating charges | 640/8 | €35,806 | €104,980 | +€69,175 | +193% |
| Operating profit (loss) | 9901 | €24,720 | -€595,889 | -€620,609 | |
| Financial income | 75/76B | €77,125 | €124,545 | +€47,421 | +61.5% |
| Recurring financial income | 75 | €77,125 | €124,545 | +€47,421 | +61.5% |
| Other financial income | 752/9 | €77,125 | €124,545 | +€47,421 | +61.5% |
| Financial charges | 65/66B | €30,248 | €21,990 | -€8,258 | -27.3% |
| Recurring financial charges | 65 | €30,248 | €21,990 | -€8,258 | -27.3% |
| Other financial charges | 652/9 | €30,248 | €21,990 | -€8,258 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €71,597 | -€493,334 | -€564,930 | |
| Income taxes | 67/77 | €18,917 | €38,060 | +€19,143 | +101% |
| Taxes | 670/3 | €18,919 | €38,060 | +€19,141 | +101% |
| Tax adjustments and reversals of tax provisions | 77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | €52,679 | -€531,394 | -€584,073 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,679 | -€531,394 | -€584,073 |
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 27 October 2026 via checked.be.