LADIME: 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.
LADIME
Largest movements
- Stocks and contracts +€604,265
new in 2025: €604,265
- Tangible fixed assets +€528,318
new in 2025: €528,318
- Cash +€298,346
up €298,346 (+1519.4%), from €19,636 to €317,982
mainly Trade debts (+€1.3m) and Other debts (+€295,681)
- Receivables within one year +€108,375
up €108,375 (+1696.7%), from €6,387 to €114,763
of which Trade receivables: +€103,641
- Trade debts +€1.3m
new in 2025: €1.3m
- Other debts +€295,681
up €295,681 (+23149.3%), from €1,277 to €296,958
- Profit (loss) carried forward -€70,107
down €70,107, from €1,501 to -€68,606
- Gross operating margin -€57,571
down €57,571, from €3,034 to -€54,537
- Depreciation +€15,511
new in 2025: €15,511
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 | €26,024 | €1,570,435 | +€1.5m | +5934.6% |
| Fixed assets | 21/28 | - | €533,425 | +€533,425 | |
| Intangible fixed assets | 21 | - | €5,107 | +€5,107 | |
| Tangible fixed assets | 22/27 | - | €528,318 | +€528,318 | |
| Plant, machinery and equipment | 23 | - | €528,318 | +€528,318 | |
| Current assets | 29/58 | €26,024 | €1,037,010 | +€1.0m | +3884.9% |
| Stocks and contracts in progress | 3 | - | €604,265 | +€604,265 | |
| Stocks | 30/36 | - | €604,265 | +€604,265 | |
| Amounts receivable within one year | 40/41 | €6,387 | €114,763 | +€108,375 | +1696.7% |
| Trade receivables | 40 | €4,800 | €108,441 | +€103,641 | +2159.2% |
| Other amounts receivable | 41 | €1,587 | €6,321 | +€4,734 | +298.2% |
| Cash at bank and in hand | 54/58 | €19,636 | €317,982 | +€298,346 | +1519.4% |
| Total equity and liabilities | 10/49 | €26,024 | €1,570,435 | +€1.5m | +5934.6% |
| Equity | 10/15 | €4,501 | -€65,606 | -€70,107 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,501 | -€68,606 | -€70,107 | |
| Amounts payable | 17/49 | €21,523 | €1,636,040 | +€1.6m | +7501.4% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,523 | €1,616,040 | +€1.6m | +106012.5% |
| Trade debts | 44 | - | €1,318,836 | +€1.3m | |
| Suppliers | 440/4 | - | €1,318,836 | +€1.3m | |
| Taxes, remuneration and social security | 45 | €246 | €246 | = | 0.0% |
| Taxes | 450/3 | €246 | €246 | = | 0.0% |
| Other amounts payable | 47/48 | €1,277 | €296,958 | +€295,681 | +23149.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,511 | +€15,511 | |
| Gross operating margin | 9900 | €3,034 | -€54,537 | -€57,571 | |
| Operating profit (loss) | 9901 | €3,034 | -€70,049 | -€73,083 | |
| Financial charges | 65/66B | €59 | €58 | -€1 | -1.9% |
| Recurring financial charges | 65 | €59 | €58 | -€1 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €2,975 | -€70,107 | -€73,081 | |
| Income taxes | 67/77 | €246 | €0 | -€246 | -100.0% |
| Profit (loss) for the period | 9904 | €2,729 | -€70,107 | -€72,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,729 | -€70,107 | -€72,836 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.