LD CREATIONS: 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.
LD CREATIONS
Largest movements
- Cash +€24,678
up €24,678 (+137%), from €17,971 to €42,649
mainly Deferred charges and accrued income (+€23,393) and Depreciation (+€19,727)
- Deferred charges and accrued income -€23,393
down €23,393 (-36.9%), from €63,448 to €40,055
- Tangible fixed assets -€18,686
down €18,686 (-20.8%), from €89,936 to €71,250
of which Land and buildings: -€9,922
- Receivables within one year -€16,711
down €16,711 (-13.2%), from €126,447 to €109,736
of which Other amounts receivable: -€29,006
- Accrued charges and deferred income -€25,954
no longer reported in 2024 (was €25,954)
- Debts after one year -€14,315
down €14,315 (-12.4%), from €115,761 to €101,446
- Profit (loss) carried forward +€3,423
up €3,423 (+3.3%), from €103,398 to €106,821
- Gross operating margin -€124,684
down €124,684 (-69.0%), from €180,729 to €56,045
- Taxes -€21,291
down €21,291 (-66.0%), from €32,250 to €10,959
- Financial charges +€7,899
up €7,899 (+70.9%), from €11,137 to €19,036
- Other operating charges -€6,947
down €6,947 (-60.1%), from €11,551 to €4,604
- Depreciation -€2,730
down €2,730 (-12.2%), from €22,457 to €19,727
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.
Derived cash bridge
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 | €312,435 | €275,229 | -€37,206 | -11.9% |
| Fixed assets | 21/28 | €92,441 | €73,755 | -€18,686 | -20.2% |
| Tangible fixed assets | 22/27 | €89,936 | €71,250 | -€18,686 | -20.8% |
| Land and buildings | 22 | €62,906 | €52,984 | -€9,922 | -15.8% |
| Plant, machinery and equipment | 23 | €18,453 | €11,802 | -€6,651 | -36.0% |
| Furniture and vehicles | 24 | €8,577 | €6,464 | -€2,113 | -24.6% |
| Financial fixed assets | 28 | €2,505 | €2,505 | = | 0.0% |
| Current assets | 29/58 | €219,994 | €201,474 | -€18,520 | -8.4% |
| Stocks and contracts in progress | 3 | €12,128 | €9,034 | -€3,094 | -25.5% |
| Stocks | 30/36 | €12,128 | €9,034 | -€3,094 | -25.5% |
| Amounts receivable within one year | 40/41 | €126,447 | €109,736 | -€16,711 | -13.2% |
| Trade receivables | 40 | €77,386 | €89,681 | +€12,295 | +15.9% |
| Other amounts receivable | 41 | €49,061 | €20,055 | -€29,006 | -59.1% |
| Cash at bank and in hand | 54/58 | €17,971 | €42,649 | +€24,678 | +137% |
| Deferred charges and accrued income | 490/1 | €63,448 | €40,055 | -€23,393 | -36.9% |
| Total equity and liabilities | 10/49 | €312,435 | €275,229 | -€37,206 | -11.9% |
| Equity | 10/15 | €123,858 | €127,281 | +€3,423 | +2.8% |
| 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 | €103,398 | €106,821 | +€3,423 | +3.3% |
| Amounts payable | 17/49 | €188,577 | €147,948 | -€40,629 | -21.5% |
| Amounts payable after more than one year | 17 | €115,761 | €101,446 | -€14,315 | -12.4% |
| Financial debts | 170/4 | €115,761 | €101,446 | -€14,315 | -12.4% |
| Amounts payable within one year | 42/48 | €46,862 | €46,502 | -€360 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €13,489 | €13,822 | +€333 | +2.5% |
| Financial debts | 43 | €2,007 | €2,064 | +€57 | +2.8% |
| Credit institutions | 430/8 | €2,007 | €2,064 | +€57 | +2.8% |
| Trade debts | 44 | €27,311 | €27,935 | +€624 | +2.3% |
| Suppliers | 440/4 | €27,311 | €27,935 | +€624 | +2.3% |
| Taxes, remuneration and social security | 45 | €3,341 | €1,908 | -€1,433 | -42.9% |
| Taxes | 450/3 | €3,341 | €894 | -€2,447 | -73.2% |
| Remuneration and social security | 454/9 | - | €1,014 | +€1,014 | |
| Other amounts payable | 47/48 | €714 | €773 | +€59 | +8.3% |
| Accrued charges and deferred income | 492/3 | €25,954 | - | -€25,954 | |
| Non-recurring operating income | 76A | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,457 | €19,727 | -€2,730 | -12.2% |
| Other operating charges | 640/8 | €11,551 | €4,604 | -€6,947 | -60.1% |
| Gross operating margin | 9900 | €180,729 | €56,045 | -€124,684 | -69.0% |
| Operating profit (loss) | 9901 | €146,721 | €31,714 | -€115,007 | -78.4% |
| Financial income | 75/76B | €1,330 | €1,704 | +€374 | +28.1% |
| Recurring financial income | 75 | €1,330 | €1,704 | +€374 | +28.1% |
| Financial charges | 65/66B | €11,137 | €19,036 | +€7,899 | +70.9% |
| Recurring financial charges | 65 | €11,137 | €19,036 | +€7,899 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | €136,914 | €14,382 | -€122,532 | -89.5% |
| Income taxes | 67/77 | €32,250 | €10,959 | -€21,291 | -66.0% |
| Profit (loss) for the period | 9904 | €104,664 | €3,423 | -€101,241 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,664 | €3,423 | -€101,241 | -96.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.