LDB CONCEPT: 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.
LDB CONCEPT
Largest movements
- Stocks and contracts -€513,475
no longer reported in 2024 (was €513,475)
- Receivables within one year -€457,059
down €457,059 (-60.1%), from €760,357 to €303,298
of which Trade receivables: -€244,600
- Cash +€177,179
up €177,179 (+1527.0%), from €11,603 to €188,782
mainly Stocks and contracts (+€513,475) and Receivables within one year (+€457,059)
- Short-term financial debts -€542,023
no longer reported in 2024 (was €542,023)
- Other debts -€389,284
down €389,284 (-89.2%), from €436,235 to €46,951
- Tax, wage and social debts +€135,852
new in 2024: €135,852
of which Taxes: +€133,112
- Profit (loss) carried forward +€29,038
up €29,038, from -€3,363 to €25,675
- Trade debts -€24,964
down €24,964 (-7.9%), from €316,113 to €291,149
- Gross operating margin +€61,410
up €61,410 (+1427.6%), from €4,302 to €65,712
- Financial charges +€10,563
up €10,563 (+98.8%), from €10,691 to €21,254
- Taxes +€7,460
up €7,460, from -€560 to €6,900
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,406,302 | €609,572 | -€796,730 | -56.7% |
| Fixed assets | 21/28 | €120,867 | €117,492 | -€3,375 | -2.8% |
| Tangible fixed assets | 22/27 | €120,867 | €117,492 | -€3,375 | -2.8% |
| Land and buildings | 22 | €120,867 | €117,492 | -€3,375 | -2.8% |
| Current assets | 29/58 | €1,285,435 | €492,081 | -€793,355 | -61.7% |
| Stocks and contracts in progress | 3 | €513,475 | - | -€513,475 | |
| Stocks | 30/36 | €513,475 | - | -€513,475 | |
| Amounts receivable within one year | 40/41 | €760,357 | €303,298 | -€457,059 | -60.1% |
| Trade receivables | 40 | €516,806 | €272,206 | -€244,600 | -47.3% |
| Other amounts receivable | 41 | €243,551 | €31,093 | -€212,459 | -87.2% |
| Cash at bank and in hand | 54/58 | €11,603 | €188,782 | +€177,179 | +1527.0% |
| Total equity and liabilities | 10/49 | €1,406,302 | €609,572 | -€796,730 | -56.7% |
| Equity | 10/15 | €17,097 | €46,135 | +€29,038 | +169.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,363 | €25,675 | +€29,038 | |
| Amounts payable | 17/49 | €1,389,205 | €563,438 | -€825,767 | -59.4% |
| Amounts payable after more than one year | 17 | €89,486 | €83,947 | -€5,538 | -6.2% |
| Financial debts | 170/4 | €89,486 | €83,947 | -€5,538 | -6.2% |
| Amounts payable within one year | 42/48 | €1,299,719 | €479,491 | -€820,229 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | €5,349 | €5,538 | +€190 | +3.5% |
| Financial debts | 43 | €542,023 | - | -€542,023 | |
| Credit institutions | 430/8 | €542,023 | - | -€542,023 | |
| Trade debts | 44 | €316,113 | €291,149 | -€24,964 | -7.9% |
| Suppliers | 440/4 | €316,113 | €291,149 | -€24,964 | -7.9% |
| Taxes, remuneration and social security | 45 | - | €135,852 | +€135,852 | |
| Taxes | 450/3 | - | €133,112 | +€133,112 | |
| Remuneration and social security | 454/9 | - | €2,741 | +€2,741 | |
| Other amounts payable | 47/48 | €436,235 | €46,951 | -€389,284 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,375 | €3,375 | = | 0.0% |
| Other operating charges | 640/8 | €5,299 | €5,146 | -€153 | -2.9% |
| Gross operating margin | 9900 | €4,302 | €65,712 | +€61,410 | +1427.6% |
| Operating profit (loss) | 9901 | -€4,372 | €57,191 | +€61,563 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -93.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -93.3% |
| Financial charges | 65/66B | €10,691 | €21,254 | +€10,563 | +98.8% |
| Recurring financial charges | 65 | €10,691 | €21,254 | +€10,563 | +98.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,063 | €35,937 | +€51,000 | |
| Income taxes | 67/77 | -€560 | €6,900 | +€7,460 | |
| Profit (loss) for the period | 9904 | -€14,503 | €29,038 | +€43,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,503 | €29,038 | +€43,540 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.