LDA Concepts: 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.
LDA Concepts
Largest movements
- Tangible fixed assets -€57,888
down €57,888 (-4.1%), from €1.4m to €1.3m
of which Other tangible fixed assets: -€87,946
- Receivables within one year +€38,954
up €38,954 (+2219.6%), from €1,755 to €40,709
of which Trade receivables: +€37,867
- Other debts -€62,751
down €62,751 (-51.4%), from €122,190 to €59,439
- Advances received +€21,489
new in 2025: €21,489
- Trade debts +€20,577
up €20,577 (+292.4%), from €7,036 to €27,613
- Gross operating margin +€32,984
up €32,984 (+41.1%), from €80,211 to €113,195
- Other operating charges -€3,797
down €3,797 (-31.5%), from €12,072 to €8,275
- Depreciation +€1,661
up €1,661 (+1.8%), from €94,638 to €96,299
- Financial charges +€1,441
up €1,441 (+20.8%), from €6,914 to €8,355
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 | €1,419,694 | €1,398,863 | -€20,831 | -1.5% |
| Fixed assets | 21/28 | €1,402,848 | €1,344,960 | -€57,888 | -4.1% |
| Tangible fixed assets | 22/27 | €1,402,848 | €1,344,960 | -€57,888 | -4.1% |
| Plant, machinery and equipment | 23 | €7,556 | €32,801 | +€25,245 | +334.1% |
| Furniture and vehicles | 24 | €7,557 | €12,369 | +€4,813 | +63.7% |
| Other tangible fixed assets | 26 | €1,387,736 | €1,299,789 | -€87,946 | -6.3% |
| Current assets | 29/58 | €16,846 | €53,903 | +€37,058 | +220.0% |
| Stocks and contracts in progress | 3 | €1,207 | €1,268 | +€61 | +5.1% |
| Stocks | 30/36 | €1,207 | €1,268 | +€61 | +5.1% |
| Amounts receivable within one year | 40/41 | €1,755 | €40,709 | +€38,954 | +2219.6% |
| Trade receivables | 40 | €1,550 | €39,417 | +€37,867 | +2443.0% |
| Other amounts receivable | 41 | €205 | €1,292 | +€1,087 | +530.2% |
| Cash at bank and in hand | 54/58 | €10,857 | €10,413 | -€444 | -4.1% |
| Deferred charges and accrued income | 490/1 | €3,027 | €1,513 | -€1,514 | -50.0% |
| Total equity and liabilities | 10/49 | €1,419,694 | €1,398,863 | -€20,831 | -1.5% |
| Equity | 10/15 | -€54,270 | -€53,990 | +€280 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,470 | -€60,190 | +€280 | +0.5% |
| Amounts payable | 17/49 | €1,473,964 | €1,452,853 | -€21,111 | -1.4% |
| Amounts payable after more than one year | 17 | €1,313,429 | €1,306,042 | -€7,387 | -0.6% |
| Financial debts | 170/4 | €1,313,429 | €1,306,042 | -€7,387 | -0.6% |
| Amounts payable within one year | 42/48 | €160,535 | €146,811 | -€13,724 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €24,409 | €33,589 | +€9,180 | +37.6% |
| Financial debts | 43 | €5,805 | €3,391 | -€2,414 | -41.6% |
| Credit institutions | 430/8 | €5,805 | €3,391 | -€2,414 | -41.6% |
| Trade debts | 44 | €7,036 | €27,613 | +€20,577 | +292.4% |
| Suppliers | 440/4 | €7,036 | €27,613 | +€20,577 | +292.4% |
| Advances received on contracts in progress | 46 | - | €21,489 | +€21,489 | |
| Taxes, remuneration and social security | 45 | €1,095 | €1,291 | +€196 | +17.9% |
| Taxes | 450/3 | €1,095 | €1,291 | +€196 | +17.9% |
| Other amounts payable | 47/48 | €122,190 | €59,439 | -€62,751 | -51.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,638 | €96,299 | +€1,661 | +1.8% |
| Other operating charges | 640/8 | €12,072 | €8,275 | -€3,797 | -31.5% |
| Gross operating margin | 9900 | €80,211 | €113,195 | +€32,984 | +41.1% |
| Operating profit (loss) | 9901 | -€26,499 | €8,621 | +€35,120 | |
| Financial income | 75/76B | €17 | €143 | +€126 | +747.4% |
| Recurring financial income | 75 | €17 | €143 | +€126 | +747.4% |
| Financial charges | 65/66B | €6,914 | €8,355 | +€1,441 | +20.8% |
| Recurring financial charges | 65 | €6,914 | €8,355 | +€1,441 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,397 | €408 | +€33,805 | |
| Income taxes | 67/77 | €127 | €128 | +€1 | +0.9% |
| Profit (loss) for the period | 9904 | -€33,523 | €280 | +€33,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,523 | €280 | +€33,804 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.