LD Solutions: 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 Solutions
Largest movements
- Tangible fixed assets -€7,796
down €7,796 (-17.9%), from €43,588 to €35,793
of which Furniture and vehicles: -€3,949
- Cash +€2,425
up €2,425 (+2.7%), from €88,453 to €90,879
mainly Net result for the year (+€15,460) and Depreciation (+€13,751)
- Debts after one year -€5,057
down €5,057 (-18.8%), from €26,834 to €21,776
- Tax, wage and social debts +€3,619
up €3,619 (+50.5%), from €7,171 to €10,789
of which Remuneration and social security: +€2,654
- Current portion of long-term debt -€2,452
down €2,452 (-24.0%), from €10,221 to €7,769
- Other debts -€1,730
down €1,730 (-4.0%), from €42,941 to €41,210
- Gross operating margin -€19,244
down €19,244 (-32.8%), from €58,657 to €39,413
- Taxes -€3,589
down €3,589 (-39.0%), from €9,200 to €5,611
- Other operating charges -€1,463
down €1,463 (-51.4%), from €2,846 to €1,383
- Financial charges +€1,172
up €1,172 (+48.3%), from €2,428 to €3,600
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 | €148,897 | €144,404 | -€4,493 | -3.0% |
| Fixed assets | 21/28 | €43,588 | €35,793 | -€7,796 | -17.9% |
| Tangible fixed assets | 22/27 | €43,588 | €35,793 | -€7,796 | -17.9% |
| Land and buildings | 22 | €356 | €0 | -€356 | -100.0% |
| Plant, machinery and equipment | 23 | €29,600 | €26,110 | -€3,490 | -11.8% |
| Furniture and vehicles | 24 | €13,632 | €9,683 | -€3,949 | -29.0% |
| Current assets | 29/58 | €105,309 | €108,611 | +€3,302 | +3.1% |
| Amounts receivable within one year | 40/41 | €15,968 | €16,870 | +€902 | +5.7% |
| Trade receivables | 40 | €13,226 | €14,225 | +€999 | +7.6% |
| Other amounts receivable | 41 | €2,742 | €2,645 | -€97 | -3.5% |
| Cash at bank and in hand | 54/58 | €88,453 | €90,879 | +€2,425 | +2.7% |
| Deferred charges and accrued income | 490/1 | €888 | €862 | -€26 | -2.9% |
| Total equity and liabilities | 10/49 | €148,897 | €144,404 | -€4,493 | -3.0% |
| Equity | 10/15 | €59,017 | €60,359 | +€1,343 | +2.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,017 | €57,359 | +€1,343 | +2.4% |
| Distributable reserves | 133 | €56,017 | €57,359 | +€1,343 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,881 | €84,044 | -€5,836 | -6.5% |
| Amounts payable after more than one year | 17 | €26,834 | €21,776 | -€5,057 | -18.8% |
| Financial debts | 170/4 | €26,834 | €21,776 | -€5,057 | -18.8% |
| Amounts payable within one year | 42/48 | €63,047 | €62,268 | -€779 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €10,221 | €7,769 | -€2,452 | -24.0% |
| Trade debts | 44 | €2,715 | €2,500 | -€215 | -7.9% |
| Suppliers | 440/4 | €2,715 | €2,500 | -€215 | -7.9% |
| Taxes, remuneration and social security | 45 | €7,171 | €10,789 | +€3,619 | +50.5% |
| Taxes | 450/3 | €7,171 | €8,135 | +€964 | +13.4% |
| Remuneration and social security | 454/9 | €0 | €2,654 | +€2,654 | |
| Other amounts payable | 47/48 | €42,941 | €41,210 | -€1,730 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,199 | €13,751 | -€448 | -3.2% |
| Other operating charges | 640/8 | €2,846 | €1,383 | -€1,463 | -51.4% |
| Gross operating margin | 9900 | €58,657 | €39,413 | -€19,244 | -32.8% |
| Operating profit (loss) | 9901 | €41,611 | €24,278 | -€17,333 | -41.7% |
| Financial income | 75/76B | €1 | €393 | +€393 | +51675.0% |
| Recurring financial income | 75 | €1 | €393 | +€393 | +51675.0% |
| Financial charges | 65/66B | €2,428 | €3,600 | +€1,172 | +48.3% |
| Recurring financial charges | 65 | €2,428 | €3,600 | +€1,172 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | €39,184 | €21,071 | -€18,112 | -46.2% |
| Income taxes | 67/77 | €9,200 | €5,611 | -€3,589 | -39.0% |
| Profit (loss) for the period | 9904 | €29,984 | €15,460 | -€14,524 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,984 | €15,460 | -€14,524 | -48.4% |
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 7 October 2026 via checked.be.