L.D.S.: 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.S.
Largest movements
- Cash +€2,293
up €2,293 (+96.2%), from €2,385 to €4,678
mainly Depreciation (+€2,338) and Other debts (+€1,252)
- Receivables within one year -€687
no longer reported in 2025 (was €687)
- Tangible fixed assets -€441
down €441 (-7.2%), from €6,083 to €5,642
of which Land and buildings: -€967
- Other debts +€1,252
up €1,252 (+4.5%), from €27,721 to €28,973
- Trade debts -€527
down €527 (-88.9%), from €593 to €66
- Accrued charges and deferred income +€335
new in 2025: €335
- Profit (loss) carried forward +€135
up €135 (+0.4%), from -€32,004 to -€31,869
- Gross operating margin +€2,265
up €2,265 (+223.5%), from €1,013 to €3,279
- Depreciation -€123
down €123 (-5.0%), from €2,461 to €2,338
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 | €9,359 | €10,525 | +€1,165 | +12.5% |
| Fixed assets | 21/28 | €6,133 | €5,692 | -€441 | -7.2% |
| Tangible fixed assets | 22/27 | €6,083 | €5,642 | -€441 | -7.2% |
| Land and buildings | 22 | €3,868 | €2,901 | -€967 | -25.0% |
| Plant, machinery and equipment | 23 | €2,215 | €2,741 | +€526 | +23.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €3,227 | €4,833 | +€1,606 | +49.8% |
| Amounts receivable within one year | 40/41 | €687 | - | -€687 | |
| Trade receivables | 40 | €687 | - | -€687 | |
| Cash at bank and in hand | 54/58 | €2,385 | €4,678 | +€2,293 | +96.2% |
| Deferred charges and accrued income | 490/1 | €154 | €155 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €9,359 | €10,525 | +€1,165 | +12.5% |
| Equity | 10/15 | -€18,990 | -€18,855 | +€135 | +0.7% |
| Contributions | 10/11 | €13,014 | €13,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,004 | -€31,869 | +€135 | +0.4% |
| Amounts payable | 17/49 | €28,349 | €29,380 | +€1,030 | +3.6% |
| Amounts payable within one year | 42/48 | €28,349 | €29,045 | +€695 | +2.5% |
| Trade debts | 44 | €593 | €66 | -€527 | -88.9% |
| Suppliers | 440/4 | €593 | €66 | -€527 | -88.9% |
| Taxes, remuneration and social security | 45 | €35 | €5 | -€30 | -85.5% |
| Taxes | 450/3 | €35 | €5 | -€30 | -85.5% |
| Other amounts payable | 47/48 | €27,721 | €28,973 | +€1,252 | +4.5% |
| Accrued charges and deferred income | 492/3 | - | €335 | +€335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,461 | €2,338 | -€123 | -5.0% |
| Other operating charges | 640/8 | €596 | €600 | +€5 | +0.8% |
| Gross operating margin | 9900 | €1,013 | €3,279 | +€2,265 | +223.5% |
| Operating profit (loss) | 9901 | -€2,043 | €340 | +€2,384 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €205 | €216 | +€12 | +5.6% |
| Recurring financial charges | 65 | €205 | €216 | +€12 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,248 | €135 | +€2,383 | |
| Profit (loss) for the period | 9904 | -€2,248 | €135 | +€2,383 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,248 | €135 | +€2,383 |
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.