LD Electric: 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 Electric
Largest movements
- Cash +€19,281
up €19,281 (+1,798%), from €1,072 to €20,353
mainly Net result for the year (+€18,931) and Depreciation (+€13,223)
- Tangible fixed assets -€12,300
down €12,300 (-21.7%), from €56,618 to €44,317
of which Leasing and similar rights: -€10,524
- Deferred charges and accrued income -€1,625
down €1,625 (-79.2%), from €2,051 to €426
- Receivables within one year -€1,449
down €1,449 (-4.2%), from €34,436 to €32,987
of which Other amounts receivable: -€3,963
- Stocks and contracts -€1,349
down €1,349 (-38.5%), from €3,501 to €2,152
of which Contracts in progress: -€3,501
- Reserves +€18,931
up €18,931 (+61.2%), from €30,947 to €49,878
- Trade debts -€8,918
down €8,918 (-46.4%), from €19,223 to €10,306
- Debts after one year -€8,623
down €8,623 (-25.3%), from €34,030 to €25,406
- Gross operating margin +€12,275
up €12,275 (+43.7%), from €28,120 to €40,395
- Taxes +€2,782
up €2,782 (+105%), from €2,650 to €5,432
- Other operating charges -€1,195
down €1,195 (-51.5%), from €2,321 to €1,125
- Depreciation +€787
up €787 (+6.3%), from €12,436 to €13,223
- Financial charges -€449
down €449 (-20.7%), from €2,168 to €1,720
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.
Derived cash bridge
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 | €97,678 | €100,285 | +€2,607 | +2.7% |
| Fixed assets | 21/28 | €56,618 | €44,367 | -€12,250 | -21.6% |
| Tangible fixed assets | 22/27 | €56,618 | €44,317 | -€12,300 | -21.7% |
| Plant, machinery and equipment | 23 | €7,376 | €6,470 | -€905 | -12.3% |
| Furniture and vehicles | 24 | €7,174 | €6,304 | -€871 | -12.1% |
| Leasing and similar rights | 25 | €42,068 | €31,543 | -€10,524 | -25.0% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €41,061 | €55,918 | +€14,857 | +36.2% |
| Stocks and contracts in progress | 3 | €3,501 | €2,152 | -€1,349 | -38.5% |
| Stocks | 30/36 | - | €2,152 | +€2,152 | |
| Contracts in progress | 37 | €3,501 | €0 | -€3,501 | -100% |
| Amounts receivable within one year | 40/41 | €34,436 | €32,987 | -€1,449 | -4.2% |
| Trade receivables | 40 | €21,047 | €23,561 | +€2,514 | +11.9% |
| Other amounts receivable | 41 | €13,389 | €9,426 | -€3,963 | -29.6% |
| Cash at bank and in hand | 54/58 | €1,072 | €20,353 | +€19,281 | +1,798% |
| Deferred charges and accrued income | 490/1 | €2,051 | €426 | -€1,625 | -79.2% |
| Total equity and liabilities | 10/49 | €97,678 | €100,285 | +€2,607 | +2.7% |
| Equity | 10/15 | €31,947 | €50,878 | +€18,931 | +59.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,947 | €49,878 | +€18,931 | +61.2% |
| Distributable reserves | 133 | €30,947 | €49,878 | +€18,931 | +61.2% |
| Amounts payable | 17/49 | €65,731 | €49,407 | -€16,324 | -24.8% |
| Amounts payable after more than one year | 17 | €34,030 | €25,406 | -€8,623 | -25.3% |
| Financial debts | 170/4 | €34,030 | €25,406 | -€8,623 | -25.3% |
| Amounts payable within one year | 42/48 | €31,702 | €24,001 | -€7,701 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €8,289 | €8,623 | +€334 | +4.0% |
| Trade debts | 44 | €19,223 | €10,306 | -€8,918 | -46.4% |
| Suppliers | 440/4 | €19,223 | €10,306 | -€8,918 | -46.4% |
| Advances received on contracts in progress | 46 | €3,564 | €3,564 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €626 | €512 | -€114 | -18.2% |
| Taxes | 450/3 | €626 | €512 | -€114 | -18.2% |
| Other amounts payable | 47/48 | - | €997 | +€997 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,436 | €13,223 | +€787 | +6.3% |
| Other operating charges | 640/8 | €2,321 | €1,125 | -€1,195 | -51.5% |
| Gross operating margin | 9900 | €28,120 | €40,395 | +€12,275 | +43.7% |
| Operating profit (loss) | 9901 | €13,364 | €26,047 | +€12,683 | +94.9% |
| Financial income | 75/76B | €337 | €36 | -€301 | -89.5% |
| Recurring financial income | 75 | €337 | €36 | -€301 | -89.5% |
| Financial charges | 65/66B | €2,168 | €1,720 | -€449 | -20.7% |
| Recurring financial charges | 65 | €2,168 | €1,720 | -€449 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €11,532 | €24,363 | +€12,831 | +111% |
| Income taxes | 67/77 | €2,650 | €5,432 | +€2,782 | +105% |
| Profit (loss) for the period | 9904 | €8,883 | €18,931 | +€10,048 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €8,883 | €18,931 | +€10,048 | +113% |
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 17 October 2026 via checked.be.