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LDB Group: 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.

What changed

LDB Group

BE 0804.758.124
NACE 25.620, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€87
2024 · €4,826-€4,739
Equity
€8,914
2024 · €8,826+€87
Cash
€8,902
2024 · €5,418+€3,485
Balance sheet total
€25,793
2024 · €17,804+€7,989

Largest movements

2024 to 2025
Assets
  • Cash +€3,485

    up €3,485 (+64.3%), from €5,418 to €8,902

    mainly Tax, wage and social debts (+€6,925) and Trade debts (+€976)

  • Receivables within one year +€2,846

    up €2,846 (+23.0%), from €12,386 to €15,232

    of which Other amounts receivable: +€3,406

  • Tangible fixed assets +€1,658

    new in 2025: €1,658

Equity and liabilities
  • Tax, wage and social debts +€6,925

    up €6,925 (+80.5%), from €8,602 to €15,527

    of which Remuneration and social security: +€5,600

  • Trade debts +€976

    up €976 (+259.7%), from €376 to €1,352

Income statement
  • Gross operating margin -€4,542

    down €4,542 (-94.1%), from €4,826 to €284

  • Depreciation +€196

    new in 2025: €196

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,826
Gross operating margin -€4,542
Depreciation -€196
Result 2025 €87

Cash bridge derived

cash 2024 to 2025

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.

From operations +€5,340
Investment -€1,855
Financing €0
Cash 2024 €5,418
Net result for the year +€87
Depreciation +€196
Receivables within one year -€2,846
Trade debts +€976
Tax, wage and social debts +€6,925
Investment in fixed assets (net) -€1,855
Cash 2025 €8,902
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €17,804 €25,793 +€7,989 +44.9%
Fixed assets 21/28 - €1,658 +€1,658
Tangible fixed assets 22/27 - €1,658 +€1,658
Plant, machinery and equipment 23 - €1,658 +€1,658
Current assets 29/58 €17,804 €24,135 +€6,331 +35.6%
Amounts receivable within one year 40/41 €12,386 €15,232 +€2,846 +23.0%
Trade receivables 40 €7,532 €6,972 -€560 -7.4%
Other amounts receivable 41 €4,855 €8,260 +€3,406 +70.1%
Cash at bank and in hand 54/58 €5,418 €8,902 +€3,485 +64.3%
Total equity and liabilities 10/49 €17,804 €25,793 +€7,989 +44.9%
Equity 10/15 €8,826 €8,914 +€87 +1.0%
Contributions 10/11 €4,000 €4,000 = 0.0%
Outside capital 11 €4,000 €4,000 = 0.0%
Other 1109/19 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 €4,826 €4,914 +€87 +1.8%
Amounts payable 17/49 €8,978 €16,880 +€7,902 +88.0%
Amounts payable within one year 42/48 €8,978 €16,880 +€7,902 +88.0%
Trade debts 44 €376 €1,352 +€976 +259.7%
Suppliers 440/4 €376 €1,352 +€976 +259.7%
Taxes, remuneration and social security 45 €8,602 €15,527 +€6,925 +80.5%
Taxes 450/3 €4,202 €5,527 +€1,325 +31.5%
Remuneration and social security 454/9 €4,400 €10,000 +€5,600 +127.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €196 +€196
Gross operating margin 9900 €4,826 €284 -€4,542 -94.1%
Operating profit (loss) 9901 €4,826 €87 -€4,739 -98.2%
Profit (loss) for the period before taxes 9903 €4,826 €87 -€4,739 -98.2%
Profit (loss) for the period 9904 €4,826 €87 -€4,739 -98.2%
Profit (loss) for the period to be appropriated 9905 €4,826 €87 -€4,739 -98.2%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.