LD CONSTRUCT: 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.
LD CONSTRUCT
Largest movements
- Receivables within one year +€138,159
up €138,159 (+352.5%), from €39,199 to €177,358
of which Trade receivables: +€123,144
- Receivables after one year +€17,964
up €17,964 (+70.9%), from €25,325 to €43,289
- Tangible fixed assets -€17,250
down €17,250 (-42.1%), from €40,962 to €23,712
of which Furniture and vehicles: -€16,000
- Cash -€11,085
down €11,085 (-48.7%), from €22,769 to €11,684
mainly Receivables within one year (-€138,159) and Receivables after one year (-€17,964)
- Trade debts +€89,295
up €89,295 (+14882.6%), from €600 to €89,895
- Tax, wage and social debts +€17,881
up €17,881 (+138.0%), from €12,954 to €30,835
of which Taxes: +€9,963
- Profit (loss) carried forward +€12,267
up €12,267 (+21.8%), from €56,146 to €68,413
- Advances received +€11,006
up €11,006 (+27.7%), from €39,730 to €50,736
- Debts after one year -€6,391
down €6,391 (-48.0%), from €13,325 to €6,934
- Staff costs +€13,886
up €13,886 (+204.2%), from €6,800 to €20,686
- Gross operating margin +€13,175
up €13,175 (+24.8%), from €53,163 to €66,338
- Depreciation +€10,712
up €10,712 (+163.8%), from €6,538 to €17,250
- Financial charges +€3,397
up €3,397 (+809.4%), from €420 to €3,816
- Other operating charges +€2,945
up €2,945 (+1814.9%), from €162 to €3,107
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,256 | €256,043 | +€127,788 | +99.6% |
| Fixed assets | 21/28 | €40,962 | €23,712 | -€17,250 | -42.1% |
| Tangible fixed assets | 22/27 | €40,962 | €23,712 | -€17,250 | -42.1% |
| Plant, machinery and equipment | 23 | €2,236 | €986 | -€1,250 | -55.9% |
| Furniture and vehicles | 24 | €38,725 | €22,725 | -€16,000 | -41.3% |
| Current assets | 29/58 | €87,294 | €232,332 | +€145,038 | +166.1% |
| Amounts receivable after more than one year | 29 | €25,325 | €43,289 | +€17,964 | +70.9% |
| Other amounts receivable | 291 | €25,325 | €43,289 | +€17,964 | +70.9% |
| Amounts receivable within one year | 40/41 | €39,199 | €177,358 | +€138,159 | +352.5% |
| Trade receivables | 40 | €39,199 | €162,343 | +€123,144 | +314.1% |
| Other amounts receivable | 41 | - | €15,015 | +€15,015 | |
| Cash at bank and in hand | 54/58 | €22,769 | €11,684 | -€11,085 | -48.7% |
| Total equity and liabilities | 10/49 | €128,256 | €256,043 | +€127,788 | +99.6% |
| Equity | 10/15 | €61,646 | €73,913 | +€12,267 | +19.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,146 | €68,413 | +€12,267 | +21.8% |
| Amounts payable | 17/49 | €66,610 | €182,131 | +€115,521 | +173.4% |
| Amounts payable after more than one year | 17 | €13,325 | €6,934 | -€6,391 | -48.0% |
| Financial debts | 170/4 | €13,325 | €6,934 | -€6,391 | -48.0% |
| Amounts payable within one year | 42/48 | €53,285 | €175,197 | +€121,912 | +228.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,730 | +€3,730 | |
| Trade debts | 44 | €600 | €89,895 | +€89,295 | +14882.6% |
| Suppliers | 440/4 | €600 | €89,895 | +€89,295 | +14882.6% |
| Advances received on contracts in progress | 46 | €39,730 | €50,736 | +€11,006 | +27.7% |
| Taxes, remuneration and social security | 45 | €12,954 | €30,835 | +€17,881 | +138.0% |
| Taxes | 450/3 | €11,922 | €21,885 | +€9,963 | +83.6% |
| Remuneration and social security | 454/9 | €1,032 | €8,950 | +€7,918 | +767.3% |
| Remuneration, social security and pensions | 62 | €6,800 | €20,686 | +€13,886 | +204.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,538 | €17,250 | +€10,712 | +163.8% |
| Other operating charges | 640/8 | €162 | €3,107 | +€2,945 | +1814.9% |
| Gross operating margin | 9900 | €53,163 | €66,338 | +€13,175 | +24.8% |
| Operating profit (loss) | 9901 | €39,662 | €25,294 | -€14,367 | -36.2% |
| Financial income | 75/76B | €1,071 | €2,095 | +€1,024 | +95.6% |
| Recurring financial income | 75 | €1,071 | €2,095 | +€1,024 | +95.6% |
| Financial charges | 65/66B | €420 | €3,816 | +€3,397 | +809.4% |
| Recurring financial charges | 65 | €420 | €3,816 | +€3,397 | +809.4% |
| Profit (loss) for the period before taxes | 9903 | €40,313 | €23,573 | -€16,740 | -41.5% |
| Income taxes | 67/77 | €13,867 | €11,307 | -€2,561 | -18.5% |
| Profit (loss) for the period | 9904 | €26,446 | €12,267 | -€14,179 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,446 | €12,267 | -€14,179 | -53.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.