LDBA Consult: 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.
LDBA Consult
Largest movements
- Current investments -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Cash +€60,300
up €60,300 (+259.0%), from €23,280 to €83,580
mainly Current investments (+€80,000) and Net result for the year (+€44,368)
- Tangible fixed assets +€33,176
up €33,176 (+1166.8%), from €2,843 to €36,019
- Reserves +€15,000
up €15,000 (+24.6%), from €60,890 to €75,890
- Tax, wage and social debts +€7,223
up €7,223 (+57.6%), from €12,535 to €19,758
of which Taxes: +€3,723
- Other debts -€5,830
down €5,830 (-15.8%), from €36,817 to €30,987
- Trade debts -€2,719
down €2,719 (-58.7%), from €4,634 to €1,915
- Gross operating margin +€13,466
up €13,466 (+26.4%), from €51,038 to €64,505
- Taxes +€3,729
up €3,729 (+36.7%), from €10,155 to €13,884
- Financial income -€1,306
down €1,306 (-45.7%), from €2,858 to €1,552
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 | €134,996 | €147,845 | +€12,848 | +9.5% |
| Fixed assets | 21/28 | €2,843 | €36,019 | +€33,176 | +1166.8% |
| Tangible fixed assets | 22/27 | €2,843 | €36,019 | +€33,176 | +1166.8% |
| Furniture and vehicles | 24 | €2,843 | €36,019 | +€33,176 | +1166.8% |
| Current assets | 29/58 | €132,153 | €111,826 | -€20,327 | -15.4% |
| Amounts receivable within one year | 40/41 | €24,067 | €23,287 | -€780 | -3.2% |
| Trade receivables | 40 | €15,722 | €16,008 | +€287 | +1.8% |
| Other amounts receivable | 41 | €8,345 | €7,279 | -€1,067 | -12.8% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,280 | €83,580 | +€60,300 | +259.0% |
| Deferred charges and accrued income | 490/1 | €4,807 | €4,959 | +€153 | +3.2% |
| Total equity and liabilities | 10/49 | €134,996 | €147,845 | +€12,848 | +9.5% |
| Equity | 10/15 | €80,711 | €95,079 | +€14,368 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,890 | €75,890 | +€15,000 | +24.6% |
| Distributable reserves | 133 | €60,890 | €75,890 | +€15,000 | +24.6% |
| Profit (loss) carried forward | 14 | €1,221 | €589 | -€632 | -51.7% |
| Amounts payable | 17/49 | €54,286 | €52,766 | -€1,520 | -2.8% |
| Amounts payable within one year | 42/48 | €53,987 | €52,661 | -€1,326 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,634 | €1,915 | -€2,719 | -58.7% |
| Suppliers | 440/4 | €4,634 | €1,915 | -€2,719 | -58.7% |
| Taxes, remuneration and social security | 45 | €12,535 | €19,758 | +€7,223 | +57.6% |
| Taxes | 450/3 | €12,535 | €16,258 | +€3,723 | +29.7% |
| Remuneration and social security | 454/9 | €0 | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €36,817 | €30,987 | -€5,830 | -15.8% |
| Accrued charges and deferred income | 492/3 | €299 | €105 | -€194 | -64.9% |
| Non-recurring operating income | 76A | - | €7,882 | +€7,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,775 | €6,794 | +€19 | +0.3% |
| Other operating charges | 640/8 | €927 | €669 | -€257 | -27.8% |
| Non-recurring operating charges | 66A | - | €13 | +€13 | |
| Gross operating margin | 9900 | €51,038 | €64,505 | +€13,466 | +26.4% |
| Operating profit (loss) | 9901 | €43,336 | €57,029 | +€13,692 | +31.6% |
| Financial income | 75/76B | €2,858 | €1,552 | -€1,306 | -45.7% |
| Recurring financial income | 75 | €2,858 | €1,552 | -€1,306 | -45.7% |
| Financial charges | 65/66B | €448 | €328 | -€120 | -26.8% |
| Recurring financial charges | 65 | €448 | €328 | -€120 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €45,746 | €58,252 | +€12,506 | +27.3% |
| Income taxes | 67/77 | €10,155 | €13,884 | +€3,729 | +36.7% |
| Profit (loss) for the period | 9904 | €35,591 | €44,368 | +€8,777 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,591 | €44,368 | +€8,777 | +24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.