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LADIK: what changed

Two fiscal 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

LADIK

BE 0864.577.331
NACE 43.341, Painting of buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€23,904
2023 · €35+€23,869
Equity
€133,488
2023 · €109,584+€23,904
Cash
€93,661
2023 · €54,460+€39,201
Balance sheet total
€136,346
2023 · €118,956+€17,390

Largest movements

2023 to 2024
Assets
  • Cash +€39,201

    up €39,201 (+72.0%), from €54,460 to €93,661

    mainly Net result for the year (+€23,904) and Receivables within one year (+€19,872)

  • Receivables within one year -€19,872

    down €19,872 (-39.4%), from €50,488 to €30,615

    of which Trade receivables: -€13,139

  • Deferred charges and accrued income -€2,603

    down €2,603 (-62.9%), from €4,140 to €1,537

Equity and liabilities
  • Profit (loss) carried forward +€29,566

    no longer reported in 2024 (was -€29,566)

  • Reserves -€5,662

    down €5,662 (-4.7%), from €120,550 to €114,888

    of which Distributable reserves: -€5,662

  • Trade debts -€5,087

    down €5,087 (-92.3%), from €5,509 to €422

  • Tax, wage and social debts -€1,427

    down €1,427 (-36.9%), from €3,863 to €2,436

Income statement
  • Gross operating margin +€40,948

    up €40,948 (+527.8%), from €7,758 to €48,705

  • Taxes +€15,139

    up €15,139 (+565.3%), from €2,678 to €17,817

  • Staff costs +€2,043

    up €2,043 (+107.3%), from €1,904 to €3,947

  • Financial income +€579

    up €579 (+125.7%), from €461 to €1,040

From the 2023 result to the 2024 result

effect on the 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 2023 €35
Gross operating margin +€40,948
Staff costs -€2,043
Depreciation -€263
Other operating charges -€30
Financial income +€579
Financial charges -€182
Taxes -€15,139
Result 2024 €23,904

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€41,230
Investment -€2,029
Financing €0
Cash 2023 €54,460
Net result for the year +€23,904
Depreciation +€1,625
Stocks and contracts -€261
Receivables within one year +€19,872
Deferred charges and accrued income +€2,603
Trade debts -€5,087
Tax, wage and social debts -€1,427
Investment in fixed assets (net) -€2,029
Cash 2024 €93,661
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €118,956 €136,346 +€17,390 +14.6%
Fixed assets 21/28 €7,317 €7,720 +€404 +5.5%
Tangible fixed assets 22/27 €2,517 €2,920 +€404 +16.0%
Land and buildings 22 €1,807 €811 -€996 -55.1%
Furniture and vehicles 24 €709 €2,109 +€1,399 +197.3%
Financial fixed assets 28 €4,800 €4,800 = 0.0%
Current assets 29/58 €111,639 €128,626 +€16,987 +15.2%
Stocks and contracts in progress 3 €2,551 €2,812 +€261 +10.2%
Stocks 30/36 €2,551 €2,812 +€261 +10.2%
Amounts receivable within one year 40/41 €50,488 €30,615 -€19,872 -39.4%
Trade receivables 40 €28,626 €15,487 -€13,139 -45.9%
Other amounts receivable 41 €21,861 €15,129 -€6,733 -30.8%
Cash at bank and in hand 54/58 €54,460 €93,661 +€39,201 +72.0%
Deferred charges and accrued income 490/1 €4,140 €1,537 -€2,603 -62.9%
Total equity and liabilities 10/49 €118,956 €136,346 +€17,390 +14.6%
Equity 10/15 €109,584 €133,488 +€23,904 +21.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €120,550 €114,888 -€5,662 -4.7%
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 €118,690 €113,028 -€5,662 -4.8%
Profit (loss) carried forward 14 -€29,566 - +€29,566
Amounts payable 17/49 €9,371 €2,858 -€6,513 -69.5%
Amounts payable within one year 42/48 €9,371 €2,858 -€6,513 -69.5%
Trade debts 44 €5,509 €422 -€5,087 -92.3%
Suppliers 440/4 €5,509 €422 -€5,087 -92.3%
Taxes, remuneration and social security 45 €3,863 €2,436 -€1,427 -36.9%
Taxes 450/3 €3,863 €2,436 -€1,427 -36.9%
Remuneration, social security and pensions 62 €1,904 €3,947 +€2,043 +107.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,362 €1,625 +€263 +19.3%
Other operating charges 640/8 €2,086 €2,116 +€30 +1.4%
Gross operating margin 9900 €7,758 €48,705 +€40,948 +527.8%
Operating profit (loss) 9901 €2,406 €41,017 +€38,611 +1604.8%
Financial income 75/76B €461 €1,040 +€579 +125.7%
Recurring financial income 75 €461 €1,040 +€579 +125.7%
Financial charges 65/66B €154 €336 +€182 +118.5%
Recurring financial charges 65 €154 €336 +€182 +118.5%
Profit (loss) for the period before taxes 9903 €2,713 €41,721 +€39,008 +1437.8%
Income taxes 67/77 €2,678 €17,817 +€15,139 +565.3%
Profit (loss) for the period 9904 €35 €23,904 +€23,869 +68766.8%
Profit (loss) for the period to be appropriated 9905 €35 €23,904 +€23,869 +68766.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.