LD Ventures: 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 Ventures
Largest movements
- Receivables within one year +€16,747
up €16,747 (+48.6%), from €34,462 to €51,209
of which Other amounts receivable: +€45,928
- Cash -€3,081
down €3,081 (-16.3%), from €18,842 to €15,762
mainly Receivables within one year (-€16,747) and Tax, wage and social debts (-€1,964)
- Deferred charges and accrued income +€1,412
up €1,412, from €0 to €1,412
- Profit (loss) carried forward +€15,398
up €15,398 (+41.4%), from €37,199 to €52,598
- Tax, wage and social debts -€1,964
down €1,964 (-17.2%), from €11,400 to €9,436
- Trade debts +€1,643
up €1,643 (+233%), from €705 to €2,348
- Gross operating margin -€16,029
down €16,029 (-47.1%), from €34,034 to €18,005
- Taxes -€2,964
down €2,964 (-43.5%), from €6,814 to €3,850
- Financial income +€1,412
new in 2025: €1,412
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 | €53,304 | €68,382 | +€15,078 | +28.3% |
| Current assets | 29/58 | €53,304 | €68,382 | +€15,078 | +28.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €34,462 | €51,209 | +€16,747 | +48.6% |
| Trade receivables | 40 | €31,601 | €2,420 | -€29,181 | -92.3% |
| Other amounts receivable | 41 | €2,860 | €48,789 | +€45,928 | +1,606% |
| Cash at bank and in hand | 54/58 | €18,842 | €15,762 | -€3,081 | -16.3% |
| Deferred charges and accrued income | 490/1 | €0 | €1,412 | +€1,412 | |
| Total equity and liabilities | 10/49 | €53,304 | €68,382 | +€15,078 | +28.3% |
| Equity | 10/15 | €41,199 | €56,598 | +€15,398 | +37.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,199 | €52,598 | +€15,398 | +41.4% |
| Amounts payable | 17/49 | €12,105 | €11,784 | -€321 | -2.6% |
| Amounts payable within one year | 42/48 | €12,105 | €11,784 | -€321 | -2.6% |
| Trade debts | 44 | €705 | €2,348 | +€1,643 | +233% |
| Suppliers | 440/4 | €705 | €2,348 | +€1,643 | +233% |
| Taxes, remuneration and social security | 45 | €11,400 | €9,436 | -€1,964 | -17.2% |
| Taxes | 450/3 | €11,400 | €9,436 | -€1,964 | -17.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €34,034 | €18,005 | -€16,029 | -47.1% |
| Operating profit (loss) | 9901 | €33,908 | €17,877 | -€16,031 | -47.3% |
| Financial income | 75/76B | - | €1,412 | +€1,412 | |
| Recurring financial income | 75 | - | €1,412 | +€1,412 | |
| Financial charges | 65/66B | €53 | €40 | -€12 | -23.2% |
| Recurring financial charges | 65 | €53 | €40 | -€12 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €33,855 | €19,248 | -€14,607 | -43.1% |
| Income taxes | 67/77 | €6,814 | €3,850 | -€2,964 | -43.5% |
| Profit (loss) for the period | 9904 | €27,042 | €15,398 | -€11,643 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,042 | €15,398 | -€11,643 | -43.1% |
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 18 October 2026 via checked.be.