LADDERS DE LEPELEIRE: 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
LADDERS DE LEPELEIRE
NACE 46.499, Wholesale of other household goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,110
2024 · €53,279-€170
Equity
€141,262
2024 · €118,614+€22,648
Cash
€154,255
2024 · €85,679+€68,576
Balance sheet total
€291,293
2024 · €244,975+€46,318
Largest movements
Assets
- Cash +€68,576
up €68,576 (+80.0%), from €85,679 to €154,255
mainly Net result for the year (+€53,110) and Depreciation (+€22,605)
- Tangible fixed assets -€22,605
down €22,605 (-25.9%), from €87,203 to €64,598
of which Land and buildings: -€17,217
Equity and liabilities
- Reserves +€22,648
up €22,648 (+22.6%), from €100,014 to €122,662
of which Distributable reserves: +€22,648
- Current portion of long-term debt +€15,937
new in 2025: €15,937
- Trade debts +€14,011
up €14,011 (+129%), from €10,847 to €24,859
- Tax, wage and social debts -€6,432
down €6,432 (-33.0%), from €19,476 to €13,044
of which Remuneration and social security: -€7,974
- Debts after one year +€4,071
new in 2025: €4,071
Income statement
- Staff costs -€13,527
down €13,527 (-21.1%), from €63,993 to €50,466
- Gross operating margin -€8,309
down €8,309 (-4.9%), from €169,109 to €160,800
- Write-downs +€4,834
new in 2025: €4,834
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
€53,279
Gross operating margin
-€8,309
Staff costs
+€13,527
Depreciation
+€539
Write-downs
-€4,834
Other operating charges
+€123
Financial income
-€758
Financial charges
-€640
Taxes
+€183
Result 2025
€53,110
raises the resultlowers the result
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
+€78,678
Investment
+€439
Financing
-€10,541
Cash 2024
€85,679
From operations (derived)
+€78,678
Net result for the year
+€53,110
Depreciation
+€22,605
Stocks and contracts
-€170
Receivables within one year
-€1,169
Deferred charges and accrued income
+€553
Trade debts
+€14,011
Tax, wage and social debts
-€6,432
Other debts
-€3,662
Accrued charges and deferred income
-€169
Investment (derived)
+€439
Investment in fixed assets (net)
+€439
Financing
-€10,541
Debts after one year
+€4,071
Current portion of long-term debt
+€15,937
Short-term financial debts
-€87
Contributions, distributions and other
-€30,462
Cash 2025
€154,255
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,975 | €291,293 | +€46,318 | +18.9% |
| Fixed assets | 21/28 | €88,318 | €65,274 | -€23,044 | -26.1% |
| Tangible fixed assets | 22/27 | €87,203 | €64,598 | -€22,605 | -25.9% |
| Land and buildings | 22 | €71,403 | €54,186 | -€17,217 | -24.1% |
| Plant, machinery and equipment | 23 | €149 | - | -€149 | |
| Furniture and vehicles | 24 | €15,651 | €10,412 | -€5,238 | -33.5% |
| Financial fixed assets | 28 | €1,115 | €676 | -€439 | -39.4% |
| Current assets | 29/58 | €156,657 | €226,019 | +€69,362 | +44.3% |
| Stocks and contracts in progress | 3 | €2,441 | €2,611 | +€170 | +7.0% |
| Stocks | 30/36 | €2,441 | €2,611 | +€170 | +7.0% |
| Amounts receivable within one year | 40/41 | €65,117 | €66,286 | +€1,169 | +1.8% |
| Trade receivables | 40 | €56,292 | €52,254 | -€4,038 | -7.2% |
| Other amounts receivable | 41 | €8,825 | €14,031 | +€5,206 | +59.0% |
| Cash at bank and in hand | 54/58 | €85,679 | €154,255 | +€68,576 | +80.0% |
| Deferred charges and accrued income | 490/1 | €3,421 | €2,868 | -€553 | -16.2% |
| Total equity and liabilities | 10/49 | €244,975 | €291,293 | +€46,318 | +18.9% |
| Equity | 10/15 | €118,614 | €141,262 | +€22,648 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,014 | €122,662 | +€22,648 | +22.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,154 | €120,802 | +€22,648 | +23.1% |
| Provisions and deferred taxes | 16 | €60,118 | €60,118 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,118 | €60,118 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,118 | €60,118 | = | 0.0% |
| Amounts payable | 17/49 | €66,244 | €89,914 | +€23,670 | +35.7% |
| Amounts payable after more than one year | 17 | - | €4,071 | +€4,071 | |
| Financial debts | 170/4 | - | €4,071 | +€4,071 | |
| Amounts payable within one year | 42/48 | €64,721 | €84,489 | +€19,768 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | - | €15,937 | +€15,937 | |
| Financial debts | 43 | €274 | €187 | -€87 | -31.7% |
| Credit institutions | 430/8 | €274 | €187 | -€87 | -31.7% |
| Trade debts | 44 | €10,847 | €24,859 | +€14,011 | +129% |
| Suppliers | 440/4 | €10,847 | €24,859 | +€14,011 | +129% |
| Taxes, remuneration and social security | 45 | €19,476 | €13,044 | -€6,432 | -33.0% |
| Taxes | 450/3 | €3,651 | €5,193 | +€1,542 | +42.2% |
| Remuneration and social security | 454/9 | €15,825 | €7,851 | -€7,974 | -50.4% |
| Other amounts payable | 47/48 | €34,124 | €30,462 | -€3,662 | -10.7% |
| Accrued charges and deferred income | 492/3 | €1,522 | €1,353 | -€169 | -11.1% |
| Non-recurring operating income | 76A | - | €2,314 | +€2,314 | |
| Remuneration, social security and pensions | 62 | €63,993 | €50,466 | -€13,527 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,143 | €22,605 | -€539 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,834 | +€4,834 | |
| Other operating charges | 640/8 | €3,647 | €3,524 | -€123 | -3.4% |
| Gross operating margin | 9900 | €169,109 | €160,800 | -€8,309 | -4.9% |
| Operating profit (loss) | 9901 | €78,326 | €79,371 | +€1,045 | +1.3% |
| Financial income | 75/76B | €1,069 | €311 | -€758 | -70.9% |
| Recurring financial income | 75 | €1,069 | €311 | -€758 | -70.9% |
| Financial charges | 65/66B | €850 | €1,490 | +€640 | +75.3% |
| Recurring financial charges | 65 | €850 | €1,490 | +€640 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €78,545 | €78,192 | -€353 | -0.4% |
| Income taxes | 67/77 | €25,265 | €25,082 | -€183 | -0.7% |
| Profit (loss) for the period | 9904 | €53,279 | €53,110 | -€170 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,279 | €53,110 | -€170 | -0.3% |
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 31 October 2026 via checked.be.