LD-E Management: 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-E Management
Largest movements
- Cash +€63,289
new in 2025: €63,289
mainly Net result for the year (+€94,328) and Current investments (+€43,655)
- Receivables within one year +€56,743
up €56,743 (+195.4%), from €29,040 to €85,783
of which Other amounts receivable: +€79,225
- Current investments -€43,655
no longer reported in 2025 (was €43,655)
- Profit (loss) carried forward +€94,328
up €94,328 (+286.1%), from €32,968 to €127,296
- Other debts -€19,350
no longer reported in 2025 (was €19,350)
- Current portion of long-term debt +€1,561
up €1,561 (+23.3%), from €6,704 to €8,265
- Gross operating margin -€4,121
down €4,121 (-3.3%), from €124,178 to €120,057
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 | €72,695 | €149,072 | +€76,377 | +105.1% |
| Current assets | 29/58 | €72,695 | €149,072 | +€76,377 | +105.1% |
| Amounts receivable within one year | 40/41 | €29,040 | €85,783 | +€56,743 | +195.4% |
| Trade receivables | 40 | €29,040 | €6,558 | -€22,482 | -77.4% |
| Other amounts receivable | 41 | - | €79,225 | +€79,225 | |
| Current investments | 50/53 | €43,655 | - | -€43,655 | |
| Cash at bank and in hand | 54/58 | - | €63,289 | +€63,289 | |
| Total equity and liabilities | 10/49 | €72,695 | €149,072 | +€76,377 | +105.1% |
| Equity | 10/15 | €35,468 | €129,796 | +€94,328 | +266.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,968 | €127,296 | +€94,328 | +286.1% |
| Amounts payable | 17/49 | €37,227 | €19,276 | -€17,951 | -48.2% |
| Amounts payable within one year | 42/48 | €37,227 | €19,276 | -€17,951 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €6,704 | €8,265 | +€1,561 | +23.3% |
| Trade debts | 44 | €1,215 | €1,117 | -€98 | -8.0% |
| Suppliers | 440/4 | €1,215 | €1,117 | -€98 | -8.0% |
| Taxes, remuneration and social security | 45 | €9,958 | €9,894 | -€64 | -0.6% |
| Taxes | 450/3 | €8,958 | €7,894 | -€1,064 | -11.9% |
| Remuneration and social security | 454/9 | €1,000 | €2,000 | +€1,000 | +100.0% |
| Other amounts payable | 47/48 | €19,350 | - | -€19,350 | |
| Other operating charges | 640/8 | €387 | €446 | +€58 | +15.1% |
| Gross operating margin | 9900 | €124,178 | €120,057 | -€4,121 | -3.3% |
| Operating profit (loss) | 9901 | €123,791 | €119,612 | -€4,179 | -3.4% |
| Financial charges | 65/66B | €498 | €510 | +€13 | +2.5% |
| Recurring financial charges | 65 | €498 | €510 | +€13 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €123,293 | €119,101 | -€4,192 | -3.4% |
| Income taxes | 67/77 | €25,825 | €24,773 | -€1,052 | -4.1% |
| Profit (loss) for the period | 9904 | €97,468 | €94,328 | -€3,140 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,468 | €94,328 | -€3,140 | -3.2% |
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 30 September 2026 via checked.be.