LD INVEST: 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 INVEST
Largest movements
- Cash +€229,007
up €229,007 (+419%), from €54,607 to €283,614
mainly Current investments (+€225,000) and Net result for the year (+€3,049)
- Current investments -€225,000
down €225,000 (-100%), from €225,000 to €0
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,770
up €4,770 (+75.2%), from -€6,339 to -€1,570
- Financial income -€958
down €958 (-11.6%), from €8,259 to €7,301
- Other operating charges +€138
up €138 (+35.7%), from €387 to €526
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 | €323,521 | €327,586 | +€4,065 | +1.3% |
| Fixed assets | 21/28 | €40,531 | €38,420 | -€2,111 | -5.2% |
| Tangible fixed assets | 22/27 | €40,531 | €38,420 | -€2,111 | -5.2% |
| Plant, machinery and equipment | 23 | €38,000 | €38,000 | = | 0.0% |
| Furniture and vehicles | 24 | €2,531 | €420 | -€2,111 | -83.4% |
| Current assets | 29/58 | €282,990 | €289,166 | +€6,176 | +2.2% |
| Amounts receivable within one year | 40/41 | €3,383 | €5,552 | +€2,169 | +64.1% |
| Other amounts receivable | 41 | €3,383 | €5,552 | +€2,169 | +64.1% |
| Current investments | 50/53 | €225,000 | €0 | -€225,000 | -100% |
| Cash at bank and in hand | 54/58 | €54,607 | €283,614 | +€229,007 | +419% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €323,521 | €327,586 | +€4,065 | +1.3% |
| Equity | 10/15 | €319,725 | €322,773 | +€3,049 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €313,525 | €316,573 | +€3,049 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €311,665 | €314,713 | +€3,049 | +1.0% |
| Amounts payable | 17/49 | €3,797 | €4,813 | +€1,016 | +26.8% |
| Amounts payable within one year | 42/48 | €3,797 | €4,813 | +€1,016 | +26.8% |
| Trade debts | 44 | €2,775 | €3,791 | +€1,016 | +36.6% |
| Suppliers | 440/4 | €2,775 | €3,791 | +€1,016 | +36.6% |
| Other amounts payable | 47/48 | €1,022 | €1,022 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,142 | €2,111 | -€31 | -1.5% |
| Other operating charges | 640/8 | €387 | €526 | +€138 | +35.7% |
| Gross operating margin | 9900 | -€6,339 | -€1,570 | +€4,770 | +75.2% |
| Operating profit (loss) | 9901 | -€8,869 | -€4,206 | +€4,663 | +52.6% |
| Financial income | 75/76B | €8,259 | €7,301 | -€958 | -11.6% |
| Recurring financial income | 75 | €8,259 | €7,301 | -€958 | -11.6% |
| Financial charges | 65/66B | €61 | €46 | -€15 | -24.4% |
| Recurring financial charges | 65 | €61 | €46 | -€15 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€671 | €3,049 | +€3,719 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€671 | €3,049 | +€3,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€671 | €3,049 | +€3,719 |
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 29 October 2026 via checked.be.