LADION: 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.
LADION
Largest movements
- Receivables within one year +€42,811
up €42,811 (+133%), from €32,161 to €74,972
of which Other amounts receivable: +€23,192
- Tangible fixed assets -€9,129
down €9,129 (-46.9%), from €19,449 to €10,320
of which Furniture and vehicles: -€8,529
- Cash -€1,496
down €1,496 (-8.4%), from €17,880 to €16,384
mainly Receivables within one year (-€42,811) and Contributions, distributions and other (-€23,000)
- Other debts +€26,225
up €26,225 (+861%), from €3,046 to €29,271
- Trade debts -€17,966
no longer reported in 2025 (was €17,966)
- Tax, wage and social debts +€14,398
up €14,398 (+314%), from €4,580 to €18,978
of which Taxes: +€12,198
- Profit (loss) carried forward +€9,528
up €9,528 (+24.5%), from €38,899 to €48,427
- Gross operating margin +€18,831
up €18,831 (+55.5%), from €33,901 to €52,732
- Taxes +€4,619
up €4,619 (+101%), from €4,580 to €9,198
- Other operating charges -€2,899
no longer reported in 2025 (was €2,899)
- Depreciation -€969
down €969 (-8.5%), from €11,397 to €10,428
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 | €69,490 | €101,676 | +€32,185 | +46.3% |
| Fixed assets | 21/28 | €19,449 | €10,320 | -€9,129 | -46.9% |
| Tangible fixed assets | 22/27 | €19,449 | €10,320 | -€9,129 | -46.9% |
| Plant, machinery and equipment | 23 | €2,471 | €1,870 | -€600 | -24.3% |
| Furniture and vehicles | 24 | €16,979 | €8,450 | -€8,529 | -50.2% |
| Current assets | 29/58 | €50,041 | €91,356 | +€41,315 | +82.6% |
| Amounts receivable within one year | 40/41 | €32,161 | €74,972 | +€42,811 | +133% |
| Trade receivables | 40 | €30,883 | €50,502 | +€19,619 | +63.5% |
| Other amounts receivable | 41 | €1,277 | €24,469 | +€23,192 | +1,816% |
| Cash at bank and in hand | 54/58 | €17,880 | €16,384 | -€1,496 | -8.4% |
| Total equity and liabilities | 10/49 | €69,490 | €101,676 | +€32,185 | +46.3% |
| Equity | 10/15 | €43,899 | €53,427 | +€9,528 | +21.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,899 | €48,427 | +€9,528 | +24.5% |
| Amounts payable | 17/49 | €25,592 | €48,249 | +€22,657 | +88.5% |
| Amounts payable within one year | 42/48 | €25,592 | €48,249 | +€22,657 | +88.5% |
| Trade debts | 44 | €17,966 | - | -€17,966 | |
| Suppliers | 440/4 | €17,966 | - | -€17,966 | |
| Taxes, remuneration and social security | 45 | €4,580 | €18,978 | +€14,398 | +314% |
| Taxes | 450/3 | €4,580 | €16,778 | +€12,198 | +266% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €3,046 | €29,271 | +€26,225 | +861% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,397 | €10,428 | -€969 | -8.5% |
| Other operating charges | 640/8 | €2,899 | - | -€2,899 | |
| Gross operating margin | 9900 | €33,901 | €52,732 | +€18,831 | +55.5% |
| Operating profit (loss) | 9901 | €19,605 | €42,304 | +€22,699 | +116% |
| Financial income | 75/76B | €27 | €9 | -€19 | -68.3% |
| Recurring financial income | 75 | €27 | €9 | -€19 | -68.3% |
| Financial charges | 65/66B | €275 | €586 | +€311 | +113% |
| Recurring financial charges | 65 | €275 | €586 | +€311 | +113% |
| Profit (loss) for the period before taxes | 9903 | €19,358 | €41,726 | +€22,369 | +116% |
| Income taxes | 67/77 | €4,580 | €9,198 | +€4,619 | +101% |
| Profit (loss) for the period | 9904 | €14,778 | €32,528 | +€17,750 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €14,778 | €32,528 | +€17,750 | +120% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.