LADY DANDY: 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.
LADY DANDY
Largest movements
- Tangible fixed assets -€27,668
down €27,668 (-98.8%), from €27,995 to €327
of which Other tangible fixed assets: -€27,018
- Cash +€11,114
up €11,114 (+23.8%), from €46,714 to €57,827
mainly Investment in fixed assets (net) (+€21,965) and Receivables within one year (+€9,744)
- Receivables within one year -€9,744
down €9,744 (-90.1%), from €10,820 to €1,076
of which Other amounts receivable: -€8,061
- Deferred charges and accrued income +€1,074
up €1,074 (+235%), from €457 to €1,531
- Stocks and contracts -€977
down €977 (-12.2%), from €8,041 to €7,063
- Other debts -€8,471
down €8,471 (-51.7%), from €16,380 to €7,909
- Debts after one year -€8,305
down €8,305 (-100%), from €8,305 to €0
- Tax, wage and social debts -€6,524
down €6,524 (-74.6%), from €8,748 to €2,223
of which Remuneration and social security: -€3,402
- Profit (loss) carried forward +€5,930
up €5,930, from -€5,294 to €635
- Current portion of long-term debt -€5,056
down €5,056 (-100%), from €5,056 to €0
- Gross operating margin +€34,950
up €34,950 (+1,102%), from €3,173 to €38,123
- Depreciation +€1,130
up €1,130 (+24.7%), from €4,573 to €5,703
- Other operating charges +€516
up €516 (+59.9%), from €861 to €1,378
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 | €94,026 | €67,825 | -€26,201 | -27.9% |
| Fixed assets | 21/28 | €27,995 | €327 | -€27,668 | -98.8% |
| Tangible fixed assets | 22/27 | €27,995 | €327 | -€27,668 | -98.8% |
| Furniture and vehicles | 24 | €977 | €327 | -€650 | -66.6% |
| Other tangible fixed assets | 26 | €27,018 | €0 | -€27,018 | -100% |
| Current assets | 29/58 | €66,032 | €67,498 | +€1,466 | +2.2% |
| Stocks and contracts in progress | 3 | €8,041 | €7,063 | -€977 | -12.2% |
| Stocks | 30/36 | €8,041 | €7,063 | -€977 | -12.2% |
| Amounts receivable within one year | 40/41 | €10,820 | €1,076 | -€9,744 | -90.1% |
| Trade receivables | 40 | €1,943 | €260 | -€1,683 | -86.6% |
| Other amounts receivable | 41 | €8,877 | €816 | -€8,061 | -90.8% |
| Cash at bank and in hand | 54/58 | €46,714 | €57,827 | +€11,114 | +23.8% |
| Deferred charges and accrued income | 490/1 | €457 | €1,531 | +€1,074 | +235% |
| Total equity and liabilities | 10/49 | €94,026 | €67,825 | -€26,201 | -27.9% |
| Equity | 10/15 | €49,314 | €51,818 | +€2,504 | +5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €31,183 | €31,183 | = | 0.0% |
| Distributable reserves | 133 | €31,183 | €31,183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,294 | €635 | +€5,930 | |
| Investment grants | 15 | €3,425 | €0 | -€3,425 | -100% |
| Amounts payable | 17/49 | €44,712 | €16,007 | -€28,706 | -64.2% |
| Amounts payable after more than one year | 17 | €8,305 | €0 | -€8,305 | -100% |
| Financial debts | 170/4 | €8,305 | €0 | -€8,305 | -100% |
| Amounts payable within one year | 42/48 | €36,407 | €16,007 | -€20,401 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €5,056 | €0 | -€5,056 | -100% |
| Trade debts | 44 | €6,224 | €5,874 | -€350 | -5.6% |
| Suppliers | 440/4 | €6,224 | €5,874 | -€350 | -5.6% |
| Taxes, remuneration and social security | 45 | €8,748 | €2,223 | -€6,524 | -74.6% |
| Taxes | 450/3 | €5,346 | €2,223 | -€3,123 | -58.4% |
| Remuneration and social security | 454/9 | €3,402 | €0 | -€3,402 | -100% |
| Other amounts payable | 47/48 | €16,380 | €7,909 | -€8,471 | -51.7% |
| Non-recurring operating income | 76A | - | €3,425 | +€3,425 | |
| Remuneration, social security and pensions | 62 | €136 | €243 | +€107 | +79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,573 | €5,703 | +€1,130 | +24.7% |
| Other operating charges | 640/8 | €861 | €1,378 | +€516 | +59.9% |
| Non-recurring operating charges | 66A | - | €21,965 | +€21,965 | |
| Gross operating margin | 9900 | €3,173 | €38,123 | +€34,950 | +1,102% |
| Operating profit (loss) | 9901 | -€2,397 | €8,834 | +€11,231 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -10.7% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -10.7% |
| Financial charges | 65/66B | €2,528 | €2,873 | +€346 | +13.7% |
| Recurring financial charges | 65 | €2,528 | €2,873 | +€346 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,924 | €5,961 | +€10,885 | |
| Income taxes | 67/77 | €11 | €32 | +€21 | +185% |
| Profit (loss) for the period | 9904 | -€4,935 | €5,930 | +€10,865 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,935 | €5,930 | +€10,865 |
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 31 October 2026 via checked.be.