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LD Chance: 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.

What changed

LD Chance

BE 0649.432.816
NACE 01.430, Raising of horses and other equines
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,204
2024 · -€24,332+€18,128
Equity
€23,193
2024 · €29,397-€6,204
Cash
€18,762
2024 · €9,790+€8,972
Balance sheet total
€27,577
2024 · €31,182-€3,605

Largest movements

2024 to 2025
Assets
  • Cash +€8,972

    up €8,972 (+91.6%), from €9,790 to €18,762

    mainly Depreciation (+€8,667) and Receivables within one year (+€3,910)

  • Tangible fixed assets -€8,667

    down €8,667 (-56.5%), from €15,334 to €6,667

  • Receivables within one year -€3,910

    down €3,910 (-77.3%), from €5,058 to €1,148

Equity and liabilities
  • Profit (loss) carried forward -€6,204

    down €6,204 (-69.4%), from €8,937 to €2,733

  • Trade debts +€2,599

    up €2,599 (+146%), from €1,785 to €4,384

Income statement
  • Gross operating margin +€18,154

    up €18,154, from -€14,565 to €3,589

From the 2024 result to the 2025 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 2024 -€24,332
Gross operating margin +€18,154
Depreciation -€0
Other operating charges -€12
Financial charges -€14
Result 2025 -€6,204
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€8,972
Investment €0
Financing €0
Cash 2024 €9,790
Net result for the year -€6,204
Depreciation +€8,667
Receivables within one year +€3,910
Trade debts +€2,599
Cash 2025 €18,762
brings cash intakes cash out
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €31,182 €27,577 -€3,605 -11.6%
Fixed assets 21/28 €16,334 €7,667 -€8,667 -53.1%
Tangible fixed assets 22/27 €15,334 €6,667 -€8,667 -56.5%
Plant, machinery and equipment 23 €15,334 €6,667 -€8,667 -56.5%
Financial fixed assets 28 €1,000 €1,000 = 0.0%
Current assets 29/58 €14,848 €19,910 +€5,062 +34.1%
Amounts receivable within one year 40/41 €5,058 €1,148 -€3,910 -77.3%
Other amounts receivable 41 €5,058 €1,148 -€3,910 -77.3%
Cash at bank and in hand 54/58 €9,790 €18,762 +€8,972 +91.6%
Total equity and liabilities 10/49 €31,182 €27,577 -€3,605 -11.6%
Equity 10/15 €29,397 €23,193 -€6,204 -21.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €8,937 €2,733 -€6,204 -69.4%
Amounts payable 17/49 €1,785 €4,384 +€2,599 +146%
Amounts payable within one year 42/48 €1,785 €4,384 +€2,599 +146%
Trade debts 44 €1,785 €4,384 +€2,599 +146%
Suppliers 440/4 €1,785 €4,384 +€2,599 +146%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,667 €8,667 +€0 0.0%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 -€14,565 €3,589 +€18,154
Operating profit (loss) 9901 -€23,619 -€5,478 +€18,142 +76.8%
Financial charges 65/66B €712 €726 +€14 +2.0%
Recurring financial charges 65 €712 €726 +€14 +2.0%
Profit (loss) for the period before taxes 9903 -€24,332 -€6,204 +€18,128 +74.5%
Profit (loss) for the period 9904 -€24,332 -€6,204 +€18,128 +74.5%
Profit (loss) for the period to be appropriated 9905 -€24,332 -€6,204 +€18,128 +74.5%

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 14 October 2026 via checked.be.