LADYBIRD: 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.
LADYBIRD
Largest movements
- Cash +€29,259
up €29,259 (+57.9%), from €50,505 to €79,764
mainly Other debts (+€14,872) and Depreciation (+€11,727)
- Tangible fixed assets -€10,466
down €10,466 (-22.5%), from €46,458 to €35,991
of which Furniture and vehicles: -€10,166
- Receivables within one year -€2,785
down €2,785 (-19.2%), from €14,530 to €11,745
- Other debts +€14,872
up €14,872 (+33.8%), from €43,995 to €58,867
- Trade debts -€3,788
down €3,788 (-56.1%), from €6,751 to €2,963
- Reserves +€2,978
up €2,978 (+7.8%), from €37,999 to €40,977
of which Distributable reserves: +€2,978
- Tax, wage and social debts +€2,552
up €2,552 (+37.5%), from €6,813 to €9,365
of which Taxes: +€2,538
- Depreciation +€6,817
up €6,817 (+138.8%), from €4,910 to €11,727
- Taxes -€1,429
down €1,429 (-47.9%), from €2,982 to €1,552
- Other operating charges -€759
down €759 (-36.6%), from €2,076 to €1,316
- Gross operating margin +€377
up €377 (+2.2%), from €17,119 to €17,496
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 | €113,639 | €129,595 | +€15,955 | +14.0% |
| Fixed assets | 21/28 | €46,458 | €35,991 | -€10,466 | -22.5% |
| Tangible fixed assets | 22/27 | €46,458 | €35,991 | -€10,466 | -22.5% |
| Furniture and vehicles | 24 | €45,283 | €35,116 | -€10,166 | -22.5% |
| Other tangible fixed assets | 26 | €1,175 | €875 | -€300 | -25.5% |
| Current assets | 29/58 | €67,182 | €93,604 | +€26,422 | +39.3% |
| Amounts receivable within one year | 40/41 | €14,530 | €11,745 | -€2,785 | -19.2% |
| Trade receivables | 40 | €14,530 | €11,745 | -€2,785 | -19.2% |
| Cash at bank and in hand | 54/58 | €50,505 | €79,764 | +€29,259 | +57.9% |
| Deferred charges and accrued income | 490/1 | €2,147 | €2,094 | -€53 | -2.5% |
| Total equity and liabilities | 10/49 | €113,639 | €129,595 | +€15,955 | +14.0% |
| Equity | 10/15 | €44,199 | €47,177 | +€2,978 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,999 | €40,977 | +€2,978 | +7.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €17,693 | €17,693 | = | 0.0% |
| Distributable reserves | 133 | €20,306 | €23,284 | +€2,978 | +14.7% |
| Amounts payable | 17/49 | €69,440 | €82,418 | +€12,977 | +18.7% |
| Amounts payable within one year | 42/48 | €57,759 | €71,559 | +€13,800 | +23.9% |
| Financial debts | 43 | €199 | €364 | +€165 | +82.6% |
| Other loans | 439 | €199 | €364 | +€165 | +82.6% |
| Trade debts | 44 | €6,751 | €2,963 | -€3,788 | -56.1% |
| Suppliers | 440/4 | €6,751 | €2,963 | -€3,788 | -56.1% |
| Taxes, remuneration and social security | 45 | €6,813 | €9,365 | +€2,552 | +37.5% |
| Taxes | 450/3 | €3,985 | €6,523 | +€2,538 | +63.7% |
| Remuneration and social security | 454/9 | €2,828 | €2,842 | +€14 | +0.5% |
| Other amounts payable | 47/48 | €43,995 | €58,867 | +€14,872 | +33.8% |
| Accrued charges and deferred income | 492/3 | €11,682 | €10,859 | -€823 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,910 | €11,727 | +€6,817 | +138.8% |
| Other operating charges | 640/8 | €2,076 | €1,316 | -€759 | -36.6% |
| Non-recurring operating charges | 66A | - | €86 | +€86 | |
| Gross operating margin | 9900 | €17,119 | €17,496 | +€377 | +2.2% |
| Operating profit (loss) | 9901 | €10,133 | €4,367 | -€5,766 | -56.9% |
| Financial income | 75/76B | €365 | €305 | -€60 | -16.4% |
| Recurring financial income | 75 | €365 | €305 | -€60 | -16.4% |
| Financial charges | 65/66B | €186 | €142 | -€44 | -23.7% |
| Recurring financial charges | 65 | €186 | €142 | -€44 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €10,312 | €4,530 | -€5,782 | -56.1% |
| Income taxes | 67/77 | €2,982 | €1,552 | -€1,429 | -47.9% |
| Profit (loss) for the period | 9904 | €7,331 | €2,978 | -€4,353 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,331 | €2,978 | -€4,353 | -59.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.