LD Trafik AM: 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 Trafik AM
Largest movements
- Receivables within one year +€149,138
up €149,138 (+203%), from €73,621 to €222,759
of which Trade receivables: +€126,330
- Tangible fixed assets +€18,667
up €18,667 (+29.6%), from €63,080 to €81,747
- Trade debts +€155,988
up €155,988 (+1,533%), from €10,172 to €166,160
- Debts after one year +€120,450
up €120,450 (+341%), from €35,287 to €155,737
- Other debts -€72,968
no longer reported in 2025 (was €72,968)
- Profit (loss) carried forward -€30,123
down €30,123 (-89.8%), from -€33,528 to -€63,651
- Tax, wage and social debts -€12,222
no longer reported in 2025 (was €12,222)
- Gross operating margin +€36,967
up €36,967, from -€6,425 to €30,542
- Depreciation +€21,814
up €21,814 (+68.1%), from €32,019 to €53,833
- Other operating charges -€2,026
down €2,026 (-54.5%), from €3,719 to €1,693
- Financial charges -€680
down €680 (-11.7%), from €5,820 to €5,141
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,401 | €308,586 | +€169,185 | +121% |
| Fixed assets | 21/28 | €65,780 | €85,827 | +€20,047 | +30.5% |
| Tangible fixed assets | 22/27 | €63,080 | €81,747 | +€18,667 | +29.6% |
| Furniture and vehicles | 24 | €63,080 | €81,747 | +€18,667 | +29.6% |
| Financial fixed assets | 28 | €2,700 | €4,080 | +€1,380 | +51.1% |
| Current assets | 29/58 | €73,621 | €222,759 | +€149,138 | +203% |
| Amounts receivable within one year | 40/41 | €73,621 | €222,759 | +€149,138 | +203% |
| Trade receivables | 40 | €73,621 | €199,952 | +€126,330 | +172% |
| Other amounts receivable | 41 | - | €22,807 | +€22,807 | |
| Total equity and liabilities | 10/49 | €139,401 | €308,586 | +€169,185 | +121% |
| Equity | 10/15 | -€25,528 | -€55,651 | -€30,123 | -118% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,528 | -€63,651 | -€30,123 | -89.8% |
| Amounts payable | 17/49 | €164,929 | €364,237 | +€199,308 | +121% |
| Amounts payable after more than one year | 17 | €35,287 | €155,737 | +€120,450 | +341% |
| Financial debts | 170/4 | €35,287 | €155,737 | +€120,450 | +341% |
| Amounts payable within one year | 42/48 | €129,642 | €208,500 | +€78,858 | +60.8% |
| Current portion of amounts payable after more than one year | 42 | €32,930 | €39,317 | +€6,387 | +19.4% |
| Financial debts | 43 | €1,350 | €3,022 | +€1,672 | +124% |
| Credit institutions | 430/8 | €1,350 | €3,022 | +€1,672 | +124% |
| Trade debts | 44 | €10,172 | €166,160 | +€155,988 | +1,533% |
| Suppliers | 440/4 | €10,172 | €166,160 | +€155,988 | +1,533% |
| Taxes, remuneration and social security | 45 | €12,222 | - | -€12,222 | |
| Taxes | 450/3 | €12,222 | - | -€12,222 | |
| Other amounts payable | 47/48 | €72,968 | - | -€72,968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,019 | €53,833 | +€21,814 | +68.1% |
| Other operating charges | 640/8 | €3,719 | €1,693 | -€2,026 | -54.5% |
| Gross operating margin | 9900 | -€6,425 | €30,542 | +€36,967 | |
| Operating profit (loss) | 9901 | -€42,162 | -€24,983 | +€17,179 | +40.7% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €5,820 | €5,141 | -€680 | -11.7% |
| Recurring financial charges | 65 | €5,820 | €5,141 | -€680 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€47,978 | -€30,123 | +€17,855 | +37.2% |
| Profit (loss) for the period | 9904 | -€47,978 | -€30,123 | +€17,855 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,978 | -€30,123 | +€17,855 | +37.2% |
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 25 October 2026 via checked.be.