LDB Accountancy: 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.
LDB Accountancy
Largest movements
- Current investments -€70,147
down €70,147 (-45.2%), from €155,147 to €85,000
- Cash -€51,405
down €51,405 (-44.1%), from €116,688 to €65,284
mainly Contributions, distributions and other (-€267,453) and Receivables within one year (-€12,044)
- Receivables within one year +€12,044
new in 2025: €12,044
of which Trade receivables: +€11,060
- Reserves -€107,813
down €107,813 (-40.3%), from €267,453 to €159,640
- Gross operating margin +€24,108
up €24,108 (+13.0%), from €186,150 to €210,258
- Taxes +€5,939
up €5,939 (+13.6%), from €43,692 to €49,631
- Financial charges +€3,313
up €3,313 (+9,468%), from €35 to €3,348
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 | €273,768 | €164,982 | -€108,786 | -39.7% |
| Fixed assets | 21/28 | €1,933 | €1,447 | -€486 | -25.2% |
| Tangible fixed assets | 22/27 | €1,933 | €1,447 | -€486 | -25.2% |
| Furniture and vehicles | 24 | €1,933 | €1,447 | -€486 | -25.2% |
| Current assets | 29/58 | €271,835 | €163,535 | -€108,300 | -39.8% |
| Amounts receivable within one year | 40/41 | - | €12,044 | +€12,044 | |
| Trade receivables | 40 | - | €11,060 | +€11,060 | |
| Other amounts receivable | 41 | - | €984 | +€984 | |
| Current investments | 50/53 | €155,147 | €85,000 | -€70,147 | -45.2% |
| Cash at bank and in hand | 54/58 | €116,688 | €65,284 | -€51,405 | -44.1% |
| Deferred charges and accrued income | 490/1 | - | €1,208 | +€1,208 | |
| Total equity and liabilities | 10/49 | €273,768 | €164,982 | -€108,786 | -39.7% |
| Equity | 10/15 | €268,453 | €160,640 | -€107,813 | -40.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €267,453 | €159,640 | -€107,813 | -40.3% |
| Distributable reserves | 133 | €267,453 | €159,640 | -€107,813 | -40.3% |
| Amounts payable | 17/49 | €5,315 | €4,342 | -€973 | -18.3% |
| Amounts payable within one year | 42/48 | €5,315 | €4,342 | -€973 | -18.3% |
| Trade debts | 44 | €273 | €1,396 | +€1,123 | +411% |
| Suppliers | 440/4 | €273 | €1,396 | +€1,123 | +411% |
| Taxes, remuneration and social security | 45 | €1,856 | €895 | -€961 | -51.8% |
| Taxes | 450/3 | €1,856 | €895 | -€961 | -51.8% |
| Other amounts payable | 47/48 | €3,185 | €2,051 | -€1,134 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €486 | €486 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €186,150 | €210,258 | +€24,108 | +13.0% |
| Operating profit (loss) | 9901 | €185,523 | €209,627 | +€24,104 | +13.0% |
| Financial income | 75/76B | €3,273 | €2,992 | -€281 | -8.6% |
| Recurring financial income | 75 | €3,273 | €2,992 | -€281 | -8.6% |
| Financial charges | 65/66B | €35 | €3,348 | +€3,313 | +9,468% |
| Recurring financial charges | 65 | €35 | €3,348 | +€3,313 | +9,468% |
| Profit (loss) for the period before taxes | 9903 | €188,761 | €209,271 | +€20,510 | +10.9% |
| Income taxes | 67/77 | €43,692 | €49,631 | +€5,939 | +13.6% |
| Profit (loss) for the period | 9904 | €145,069 | €159,640 | +€14,572 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,069 | €159,640 | +€14,572 | +10.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.