Ladenti: 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.
Ladenti
Largest movements
- Cash -€26,606
down €26,606 (-24.4%), from €109,154 to €82,547
mainly Contributions, distributions and other (-€100,000) and Deferred charges and accrued income (-€3,531)
- Deferred charges and accrued income +€3,531
up €3,531 (+35.9%), from €9,827 to €13,358
- Profit (loss) carried forward -€38,454
down €38,454 (-37.8%), from €101,814 to €63,361
- Tax, wage and social debts +€14,583
up €14,583 (+84.1%), from €17,332 to €31,915
of which Taxes: +€17,083
- Gross operating margin +€9,896
up €9,896 (+14.0%), from €70,803 to €80,699
- Taxes +€2,252
up €2,252 (+15.2%), from €14,832 to €17,083
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 | €122,075 | €98,788 | -€23,286 | -19.1% |
| Fixed assets | 21/28 | €3,094 | €2,883 | -€211 | -6.8% |
| Tangible fixed assets | 22/27 | €3,094 | €2,883 | -€211 | -6.8% |
| Plant, machinery and equipment | 23 | €3,094 | €1,781 | -€1,314 | -42.5% |
| Furniture and vehicles | 24 | - | €1,103 | +€1,103 | |
| Current assets | 29/58 | €118,980 | €95,905 | -€23,075 | -19.4% |
| Cash at bank and in hand | 54/58 | €109,154 | €82,547 | -€26,606 | -24.4% |
| Deferred charges and accrued income | 490/1 | €9,827 | €13,358 | +€3,531 | +35.9% |
| Total equity and liabilities | 10/49 | €122,075 | €98,788 | -€23,286 | -19.1% |
| Equity | 10/15 | €104,314 | €65,861 | -€38,454 | -36.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,814 | €63,361 | -€38,454 | -37.8% |
| Amounts payable | 17/49 | €17,760 | €32,928 | +€15,168 | +85.4% |
| Amounts payable within one year | 42/48 | €17,760 | €32,928 | +€15,168 | +85.4% |
| Trade debts | 44 | - | €420 | +€420 | |
| Suppliers | 440/4 | - | €420 | +€420 | |
| Taxes, remuneration and social security | 45 | €17,332 | €31,915 | +€14,583 | +84.1% |
| Taxes | 450/3 | €14,832 | €31,915 | +€17,083 | +115.2% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €429 | €594 | +€165 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €847 | €1,340 | +€493 | +58.2% |
| Other operating charges | 640/8 | €354 | €657 | +€303 | +85.8% |
| Gross operating margin | 9900 | €70,803 | €80,699 | +€9,896 | +14.0% |
| Operating profit (loss) | 9901 | €69,602 | €78,701 | +€9,099 | +13.1% |
| Financial charges | 65/66B | €154 | €72 | -€82 | -53.2% |
| Recurring financial charges | 65 | €154 | €72 | -€82 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €69,448 | €78,629 | +€9,181 | +13.2% |
| Income taxes | 67/77 | €14,832 | €17,083 | +€2,252 | +15.2% |
| Profit (loss) for the period | 9904 | €54,617 | €61,546 | +€6,930 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,617 | €61,546 | +€6,930 | +12.7% |
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 11 October 2026 via checked.be.