LD ENERGY: 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 ENERGY
Largest movements
- Receivables after one year -€15,434
down €15,434 (-38.9%), from €39,686 to €24,252
- Receivables within one year +€10,282
up €10,282 (+168%), from €6,126 to €16,409
of which Trade receivables: +€5,315
- Tangible fixed assets +€6,303
new in 2025: €6,303
of which Plant, machinery and equipment: +€3,264
- Cash +€3,871
up €3,871 (+32.4%), from €11,952 to €15,822
mainly Receivables after one year (+€15,434) and Debts after one year (+€2,164)
- Deferred charges and accrued income -€1,122
down €1,122 (-10.6%), from €10,589 to €9,468
- Debts after one year +€2,164
new in 2025: €2,164
- Current portion of long-term debt +€1,184
new in 2025: €1,184
- Trade debts +€1,053
up €1,053 (+72.9%), from €1,444 to €2,497
- Tax, wage and social debts -€874
down €874 (-6.6%), from €13,347 to €12,473
of which Remuneration and social security: -€1,830
- Gross operating margin -€42,823
down €42,823 (-83.8%), from €51,086 to €8,263
- Taxes -€9,162
down €9,162 (-91.4%), from €10,021 to €859
- Other operating charges +€2,591
up €2,591 (+794%), from €326 to €2,917
- Financial charges +€1,760
up €1,760 (+76.5%), from €2,301 to €4,061
- Depreciation +€1,074
new in 2025: €1,074
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 | €68,854 | €72,754 | +€3,900 | +5.7% |
| Fixed assets | 21/28 | - | €6,303 | +€6,303 | |
| Tangible fixed assets | 22/27 | - | €6,303 | +€6,303 | |
| Plant, machinery and equipment | 23 | - | €3,264 | +€3,264 | |
| Furniture and vehicles | 24 | - | €3,039 | +€3,039 | |
| Current assets | 29/58 | €68,854 | €66,451 | -€2,403 | -3.5% |
| Amounts receivable after more than one year | 29 | €39,686 | €24,252 | -€15,434 | -38.9% |
| Other amounts receivable | 291 | €39,686 | €24,252 | -€15,434 | -38.9% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,126 | €16,409 | +€10,282 | +168% |
| Trade receivables | 40 | €4,619 | €9,933 | +€5,315 | +115% |
| Other amounts receivable | 41 | €1,508 | €6,475 | +€4,968 | +329% |
| Cash at bank and in hand | 54/58 | €11,952 | €15,822 | +€3,871 | +32.4% |
| Deferred charges and accrued income | 490/1 | €10,589 | €9,468 | -€1,122 | -10.6% |
| Total equity and liabilities | 10/49 | €68,854 | €72,754 | +€3,900 | +5.7% |
| Equity | 10/15 | €54,063 | €54,393 | +€330 | +0.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,063 | €39,393 | +€330 | +0.8% |
| Amounts payable | 17/49 | €14,791 | €18,362 | +€3,570 | +24.1% |
| Amounts payable after more than one year | 17 | - | €2,164 | +€2,164 | |
| Financial debts | 170/4 | - | €2,164 | +€2,164 | |
| Amounts payable within one year | 42/48 | €14,791 | €16,154 | +€1,362 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,184 | +€1,184 | |
| Trade debts | 44 | €1,444 | €2,497 | +€1,053 | +72.9% |
| Suppliers | 440/4 | €1,444 | €2,497 | +€1,053 | +72.9% |
| Taxes, remuneration and social security | 45 | €13,347 | €12,473 | -€874 | -6.6% |
| Taxes | 450/3 | €11,442 | €12,397 | +€955 | +8.4% |
| Remuneration and social security | 454/9 | €1,906 | €76 | -€1,830 | -96.0% |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,074 | +€1,074 | |
| Other operating charges | 640/8 | €326 | €2,917 | +€2,591 | +794% |
| Gross operating margin | 9900 | €51,086 | €8,263 | -€42,823 | -83.8% |
| Operating profit (loss) | 9901 | €50,759 | €4,272 | -€46,487 | -91.6% |
| Financial income | 75/76B | €625 | €978 | +€352 | +56.4% |
| Recurring financial income | 75 | €625 | €978 | +€352 | +56.4% |
| Financial charges | 65/66B | €2,301 | €4,061 | +€1,760 | +76.5% |
| Recurring financial charges | 65 | €2,301 | €4,061 | +€1,760 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €49,084 | €1,188 | -€47,895 | -97.6% |
| Income taxes | 67/77 | €10,021 | €859 | -€9,162 | -91.4% |
| Profit (loss) for the period | 9904 | €39,063 | €330 | -€38,733 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,063 | €330 | -€38,733 | -99.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.