Laddersonline: 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.
Laddersonline
Largest movements
- Cash -€14,181
down €14,181 (-66.1%), from €21,460 to €7,279
mainly Investment in fixed assets (net) (-€38,955) and Tax, wage and social debts (-€4,257)
- Tangible fixed assets +€6,421
up €6,421 (+8.1%), from €79,401 to €85,822
of which Leasing and similar rights: +€24,964
- Stocks and contracts +€3,106
up €3,106 (+12.8%), from €24,191 to €27,297
- Tax, wage and social debts -€4,257
down €4,257 (-86.1%), from €4,944 to €687
of which Taxes: -€4,257
- Advances received -€2,995
down €2,995 (-69.3%), from €4,324 to €1,329
- Reserves +€2,892
up €2,892 (+10.8%), from €26,870 to €29,762
of which Distributable reserves: +€2,892
- Current portion of long-term debt +€1,851
up €1,851 (+6.4%), from €28,984 to €30,835
- Debts after one year -€1,786
down €1,786 (-3.0%), from €58,627 to €56,842
- Gross operating margin +€9,531
up €9,531 (+26.2%), from €36,380 to €45,911
- Depreciation +€4,935
up €4,935 (+17.9%), from €27,599 to €32,534
- Taxes +€1,775
up €1,775 (+1,774,660%), from €0 to €1,775
- Financial charges +€1,040
up €1,040 (+14.7%), from €7,065 to €8,105
- Other operating charges -€536
down €536 (-33.7%), from €1,590 to €1,054
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 | €167,157 | €160,776 | -€6,381 | -3.8% |
| Fixed assets | 21/28 | €80,626 | €87,047 | +€6,421 | +8.0% |
| Tangible fixed assets | 22/27 | €79,401 | €85,822 | +€6,421 | +8.1% |
| Plant, machinery and equipment | 23 | €50,770 | €33,527 | -€17,243 | -34.0% |
| Furniture and vehicles | 24 | €1,993 | €694 | -€1,300 | -65.2% |
| Leasing and similar rights | 25 | €26,638 | €51,601 | +€24,964 | +93.7% |
| Financial fixed assets | 28 | €1,225 | €1,225 | = | 0.0% |
| Current assets | 29/58 | €86,531 | €73,729 | -€12,802 | -14.8% |
| Stocks and contracts in progress | 3 | €24,191 | €27,297 | +€3,106 | +12.8% |
| Stocks | 30/36 | €24,191 | €27,297 | +€3,106 | +12.8% |
| Amounts receivable within one year | 40/41 | €38,421 | €38,325 | -€96 | -0.2% |
| Trade receivables | 40 | €33,314 | €31,454 | -€1,860 | -5.6% |
| Other amounts receivable | 41 | €5,107 | €6,871 | +€1,765 | +34.6% |
| Cash at bank and in hand | 54/58 | €21,460 | €7,279 | -€14,181 | -66.1% |
| Deferred charges and accrued income | 490/1 | €2,460 | €828 | -€1,631 | -66.3% |
| Total equity and liabilities | 10/49 | €167,157 | €160,776 | -€6,381 | -3.8% |
| Equity | 10/15 | €46,870 | €49,762 | +€2,892 | +6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,870 | €29,762 | +€2,892 | +10.8% |
| Non-distributable reserves | 130/1 | €1,650 | €1,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,650 | €1,650 | = | 0.0% |
| Distributable reserves | 133 | €25,220 | €28,112 | +€2,892 | +11.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €120,286 | €111,014 | -€9,272 | -7.7% |
| Amounts payable after more than one year | 17 | €58,627 | €56,842 | -€1,786 | -3.0% |
| Financial debts | 170/4 | €58,627 | €56,842 | -€1,786 | -3.0% |
| Amounts payable within one year | 42/48 | €61,659 | €54,172 | -€7,487 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €28,984 | €30,835 | +€1,851 | +6.4% |
| Financial debts | 43 | €844 | €0 | -€844 | -100% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €844 | €0 | -€844 | -100% |
| Trade debts | 44 | €21,438 | €21,094 | -€344 | -1.6% |
| Suppliers | 440/4 | €21,438 | €21,094 | -€344 | -1.6% |
| Advances received on contracts in progress | 46 | €4,324 | €1,329 | -€2,995 | -69.3% |
| Taxes, remuneration and social security | 45 | €4,944 | €687 | -€4,257 | -86.1% |
| Taxes | 450/3 | €4,944 | €687 | -€4,257 | -86.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,125 | €227 | -€898 | -79.8% |
| Non-recurring operating income | 76A | €10,025 | €8,805 | -€1,220 | -12.2% |
| Remuneration, social security and pensions | 62 | €457 | €0 | -€457 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,599 | €32,534 | +€4,935 | +17.9% |
| Other operating charges | 640/8 | €1,590 | €1,054 | -€536 | -33.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €36,380 | €45,911 | +€9,531 | +26.2% |
| Operating profit (loss) | 9901 | €6,734 | €12,323 | +€5,590 | +83.0% |
| Financial income | 75/76B | €630 | €448 | -€182 | -28.9% |
| Recurring financial income | 75 | €630 | €448 | -€182 | -28.9% |
| Financial charges | 65/66B | €7,065 | €8,105 | +€1,040 | +14.7% |
| Recurring financial charges | 65 | €7,065 | €8,105 | +€1,040 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €299 | €4,666 | +€4,367 | +1,462% |
| Income taxes | 67/77 | €0 | €1,775 | +€1,775 | +1,774,660% |
| Profit (loss) for the period | 9904 | €299 | €2,892 | +€2,593 | +868% |
| Profit (loss) for the period to be appropriated | 9905 | €299 | €2,892 | +€2,593 | +868% |
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 16 October 2026 via checked.be.