LD-Tech: 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-Tech
Largest movements
- Receivables within one year +€129,188
up €129,188 (+92.5%), from €139,712 to €268,900
of which Trade receivables: +€102,896
- Cash -€29,137
down €29,137 (-59.9%), from €48,601 to €19,465
mainly Receivables within one year (-€129,188) and Debts after one year (-€83,644)
- Tangible fixed assets -€14,336
down €14,336 (-3.5%), from €403,840 to €389,503
of which Land and buildings: -€14,484
- Trade debts +€127,870
up €127,870 (+186.6%), from €68,542 to €196,413
- Debts after one year -€83,644
down €83,644 (-19.1%), from €436,930 to €353,286
- Reserves +€39,800
up €39,800 (+9.1%), from €438,000 to €477,800
- Tax, wage and social debts -€19,289
down €19,289 (-31.8%), from €60,747 to €41,458
of which Taxes: -€19,754
- Gross operating margin -€142,956
down €142,956 (-48.2%), from €296,814 to €153,859
- Taxes -€37,330
down €37,330 (-79.2%), from €47,155 to €9,825
- Staff costs +€15,372
up €15,372 (+156.6%), from €9,813 to €25,185
- Financial charges -€7,229
down €7,229 (-26.5%), from €27,309 to €20,080
- Depreciation +€6,454
up €6,454 (+12.8%), from €50,305 to €56,759
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 | €1,077,255 | €1,146,449 | +€69,193 | +6.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €425,086 | €405,750 | -€19,336 | -4.5% |
| Intangible fixed assets | 21 | €21,247 | €16,247 | -€5,000 | -23.5% |
| Tangible fixed assets | 22/27 | €403,840 | €389,503 | -€14,336 | -3.5% |
| Land and buildings | 22 | €320,912 | €306,427 | -€14,484 | -4.5% |
| Plant, machinery and equipment | 23 | €19,211 | €26,164 | +€6,953 | +36.2% |
| Furniture and vehicles | 24 | €51,028 | €48,121 | -€2,907 | -5.7% |
| Leasing and similar rights | 25 | €12,689 | €8,791 | -€3,898 | -30.7% |
| Current assets | 29/58 | €652,169 | €740,699 | +€88,529 | +13.6% |
| Stocks and contracts in progress | 3 | €460,170 | €450,032 | -€10,138 | -2.2% |
| Stocks | 30/36 | €460,170 | €450,032 | -€10,138 | -2.2% |
| Amounts receivable within one year | 40/41 | €139,712 | €268,900 | +€129,188 | +92.5% |
| Trade receivables | 40 | €139,712 | €242,608 | +€102,896 | +73.6% |
| Other amounts receivable | 41 | - | €26,292 | +€26,292 | |
| Cash at bank and in hand | 54/58 | €48,601 | €19,465 | -€29,137 | -59.9% |
| Deferred charges and accrued income | 490/1 | €3,685 | €2,301 | -€1,384 | -37.6% |
| Total equity and liabilities | 10/49 | €1,077,255 | €1,146,449 | +€69,193 | +6.4% |
| Equity | 10/15 | €448,056 | €487,916 | +€39,860 | +8.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €438,000 | €477,800 | +€39,800 | +9.1% |
| Distributable reserves | 133 | €438,000 | €477,800 | +€39,800 | +9.1% |
| Profit (loss) carried forward | 14 | €56 | €116 | +€60 | +107.4% |
| Amounts payable | 17/49 | €629,199 | €658,532 | +€29,333 | +4.7% |
| Amounts payable after more than one year | 17 | €436,930 | €353,286 | -€83,644 | -19.1% |
| Financial debts | 170/4 | €436,930 | €353,286 | -€83,644 | -19.1% |
| Amounts payable within one year | 42/48 | €192,270 | €305,246 | +€112,977 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €61,831 | €63,644 | +€1,813 | +2.9% |
| Trade debts | 44 | €68,542 | €196,413 | +€127,870 | +186.6% |
| Suppliers | 440/4 | €68,542 | €196,413 | +€127,870 | +186.6% |
| Taxes, remuneration and social security | 45 | €60,747 | €41,458 | -€19,289 | -31.8% |
| Taxes | 450/3 | €57,961 | €38,207 | -€19,754 | -34.1% |
| Remuneration and social security | 454/9 | €2,786 | €3,252 | +€466 | +16.7% |
| Other amounts payable | 47/48 | €1,149 | €3,731 | +€2,582 | +224.7% |
| Remuneration, social security and pensions | 62 | €9,813 | €25,185 | +€15,372 | +156.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,305 | €56,759 | +€6,454 | +12.8% |
| Other operating charges | 640/8 | €941 | €3,473 | +€2,532 | +269.2% |
| Gross operating margin | 9900 | €296,814 | €153,859 | -€142,956 | -48.2% |
| Operating profit (loss) | 9901 | €235,755 | €68,442 | -€167,313 | -71.0% |
| Financial income | 75/76B | €911 | €1,323 | +€412 | +45.3% |
| Recurring financial income | 75 | €911 | €1,323 | +€412 | +45.3% |
| Financial charges | 65/66B | €27,309 | €20,080 | -€7,229 | -26.5% |
| Recurring financial charges | 65 | €27,309 | €20,080 | -€7,229 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €209,358 | €49,685 | -€159,672 | -76.3% |
| Income taxes | 67/77 | €47,155 | €9,825 | -€37,330 | -79.2% |
| Profit (loss) for the period | 9904 | €162,203 | €39,860 | -€122,343 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €162,203 | €39,860 | -€122,343 | -75.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.