LD Design: 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 Design
Largest movements
- Cash -€14,806
down €14,806 (-34.0%), from €43,610 to €28,804
mainly Net result for the year (-€8,007) and Other debts (-€5,828)
- Tangible fixed assets -€2,531
down €2,531 (-26.0%), from €9,749 to €7,218
of which Furniture and vehicles: -€2,400
- Receivables within one year -€655
down €655 (-34.0%), from €1,928 to €1,273
of which Other amounts receivable: -€412
- Profit (loss) carried forward -€8,007
down €8,007 (-46.7%), from €17,131 to €9,124
- Other debts -€5,828
down €5,828 (-32.3%), from €18,053 to €12,225
- Trade debts -€4,157
down €4,157 (-62.6%), from €6,641 to €2,484
- Gross operating margin -€6,340
down €6,340, from €1,310 to -€5,030
- Depreciation -€1,036
down €1,036 (-29.0%), from €3,567 to €2,531
- Other operating charges -€510
down €510 (-75.9%), from €672 to €162
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 | €61,287 | €43,295 | -€17,992 | -29.4% |
| Fixed assets | 21/28 | €9,749 | €7,218 | -€2,531 | -26.0% |
| Tangible fixed assets | 22/27 | €9,749 | €7,218 | -€2,531 | -26.0% |
| Plant, machinery and equipment | 23 | €149 | €18 | -€131 | -87.9% |
| Furniture and vehicles | 24 | €9,600 | €7,200 | -€2,400 | -25.0% |
| Current assets | 29/58 | €51,538 | €36,077 | -€15,461 | -30.0% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | - | €6,000 | +€6,000 | |
| Contracts in progress | 37 | €6,000 | - | -€6,000 | |
| Amounts receivable within one year | 40/41 | €1,928 | €1,273 | -€655 | -34.0% |
| Trade receivables | 40 | €243 | - | -€243 | |
| Other amounts receivable | 41 | €1,685 | €1,273 | -€412 | -24.5% |
| Cash at bank and in hand | 54/58 | €43,610 | €28,804 | -€14,806 | -34.0% |
| Total equity and liabilities | 10/49 | €61,287 | €43,295 | -€17,992 | -29.4% |
| Equity | 10/15 | €36,593 | €28,586 | -€8,007 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €862 | €862 | = | 0.0% |
| Non-distributable reserves | 130/1 | €862 | €862 | = | 0.0% |
| Reserves not available under the articles | 1311 | €862 | €862 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,131 | €9,124 | -€8,007 | -46.7% |
| Amounts payable | 17/49 | €24,694 | €14,709 | -€9,985 | -40.4% |
| Amounts payable within one year | 42/48 | €24,694 | €14,709 | -€9,985 | -40.4% |
| Trade debts | 44 | €6,641 | €2,484 | -€4,157 | -62.6% |
| Suppliers | 440/4 | €6,641 | €2,484 | -€4,157 | -62.6% |
| Other amounts payable | 47/48 | €18,053 | €12,225 | -€5,828 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567 | €2,531 | -€1,036 | -29.0% |
| Other operating charges | 640/8 | €672 | €162 | -€510 | -75.9% |
| Gross operating margin | 9900 | €1,310 | -€5,030 | -€6,340 | |
| Operating profit (loss) | 9901 | -€2,929 | -€7,723 | -€4,794 | -163.7% |
| Financial charges | 65/66B | €282 | €284 | +€2 | +0.7% |
| Recurring financial charges | 65 | €282 | €284 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,211 | -€8,007 | -€4,796 | -149.4% |
| Profit (loss) for the period | 9904 | -€3,211 | -€8,007 | -€4,796 | -149.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,211 | -€8,007 | -€4,796 | -149.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.