LD Techniques Spéciales: 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 Techniques Spéciales
Largest movements
- Tangible fixed assets +€72,511
up €72,511 (+142%), from €50,929 to €123,440
of which Furniture and vehicles: +€73,010
- Receivables within one year +€18,454
up €18,454 (+22.6%), from €81,734 to €100,187
of which Other amounts receivable: +€12,480
- Cash +€6,996
up €6,996 (+4.5%), from €156,447 to €163,443
mainly Net result for the year (+€150,754) and Other debts (+€100,020)
- Other debts +€100,020
up €100,020 (+18,843%), from €531 to €100,551
- Profit (loss) carried forward +€50,754
up €50,754 (+30.1%), from €168,368 to €219,122
- Trade debts -€27,095
down €27,095 (-34.1%), from €79,379 to €52,284
- Tax, wage and social debts -€19,537
down €19,537 (-80.3%), from €24,334 to €4,797
of which Taxes: -€19,796
- Debts after one year -€8,558
down €8,558 (-36.0%), from €23,754 to €15,196
- Gross operating margin +€57,638
up €57,638 (+38.1%), from €151,177 to €208,814
- Taxes -€15,899
down €15,899 (-52.3%), from €30,415 to €14,516
- Staff costs +€12,861
up €12,861 (+79.5%), from €16,186 to €29,046
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 | €314,527 | €410,707 | +€96,179 | +30.6% |
| Fixed assets | 21/28 | €54,067 | €127,628 | +€73,562 | +136% |
| Intangible fixed assets | 21 | €1,637 | €2,688 | +€1,051 | +64.2% |
| Tangible fixed assets | 22/27 | €50,929 | €123,440 | +€72,511 | +142% |
| Plant, machinery and equipment | 23 | €872 | €372 | -€499 | -57.3% |
| Furniture and vehicles | 24 | €50,057 | €123,068 | +€73,010 | +146% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €260,461 | €283,078 | +€22,617 | +8.7% |
| Stocks and contracts in progress | 3 | €19,374 | €17,060 | -€2,313 | -11.9% |
| Stocks | 30/36 | €19,374 | €17,060 | -€2,313 | -11.9% |
| Amounts receivable within one year | 40/41 | €81,734 | €100,187 | +€18,454 | +22.6% |
| Trade receivables | 40 | €56,604 | €62,578 | +€5,974 | +10.6% |
| Other amounts receivable | 41 | €25,130 | €37,610 | +€12,480 | +49.7% |
| Cash at bank and in hand | 54/58 | €156,447 | €163,443 | +€6,996 | +4.5% |
| Deferred charges and accrued income | 490/1 | €2,906 | €2,388 | -€518 | -17.8% |
| Total equity and liabilities | 10/49 | €314,527 | €410,707 | +€96,179 | +30.6% |
| Equity | 10/15 | €178,368 | €229,122 | +€50,754 | +28.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,368 | €219,122 | +€50,754 | +30.1% |
| Amounts payable | 17/49 | €136,159 | €181,585 | +€45,426 | +33.4% |
| Amounts payable after more than one year | 17 | €23,754 | €15,196 | -€8,558 | -36.0% |
| Financial debts | 170/4 | €23,754 | €15,196 | -€8,558 | -36.0% |
| Amounts payable within one year | 42/48 | €112,406 | €166,189 | +€53,784 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €8,162 | €8,558 | +€396 | +4.9% |
| Trade debts | 44 | €79,379 | €52,284 | -€27,095 | -34.1% |
| Suppliers | 440/4 | €79,379 | €52,284 | -€27,095 | -34.1% |
| Taxes, remuneration and social security | 45 | €24,334 | €4,797 | -€19,537 | -80.3% |
| Taxes | 450/3 | €21,885 | €2,088 | -€19,796 | -90.5% |
| Remuneration and social security | 454/9 | €2,449 | €2,708 | +€259 | +10.6% |
| Other amounts payable | 47/48 | €531 | €100,551 | +€100,020 | +18,843% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €16,186 | €29,046 | +€12,861 | +79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,533 | €15,829 | +€1,296 | +8.9% |
| Other operating charges | 640/8 | €893 | €814 | -€79 | -8.8% |
| Gross operating margin | 9900 | €151,177 | €208,814 | +€57,638 | +38.1% |
| Operating profit (loss) | 9901 | €119,565 | €163,125 | +€43,560 | +36.4% |
| Financial income | 75/76B | €2,605 | €3,754 | +€1,149 | +44.1% |
| Recurring financial income | 75 | €2,605 | €3,754 | +€1,149 | +44.1% |
| Financial charges | 65/66B | €2,135 | €1,609 | -€526 | -24.6% |
| Recurring financial charges | 65 | €2,135 | €1,609 | -€526 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €120,036 | €165,270 | +€45,234 | +37.7% |
| Income taxes | 67/77 | €30,415 | €14,516 | -€15,899 | -52.3% |
| Profit (loss) for the period | 9904 | €89,621 | €150,754 | +€61,133 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,621 | €150,754 | +€61,133 | +68.2% |
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 15 October 2026 via checked.be.