LDC Trucks: 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.
LDC Trucks
Largest movements
- Stocks and contracts +€39,153
up €39,153 (+58.2%), from €67,294 to €106,446
- Tangible fixed assets +€17,897
up €17,897 (+1202.5%), from €1,488 to €19,386
of which Furniture and vehicles: +€18,034
- Cash -€12,707
down €12,707 (-7.6%), from €166,271 to €153,565
mainly Stocks and contracts (-€39,153) and Investment in fixed assets (net) (-€21,000)
- Deferred charges and accrued income -€5,519
down €5,519 (-20.5%), from €26,927 to €21,409
- Receivables within one year -€4,248
down €4,248 (-12.0%), from €35,456 to €31,208
of which Other amounts receivable: -€6,559
- Reserves +€29,980
up €29,980 (+19.2%), from €156,491 to €186,471
- Trade debts +€10,465
up €10,465 (+43.5%), from €24,032 to €34,498
- Other debts -€9,412
down €9,412 (-9.6%), from €98,113 to €88,702
- Tax, wage and social debts +€3,470
up €3,470 (+91.7%), from €3,784 to €7,254
- Gross operating margin -€51,730
down €51,730 (-46.8%), from €110,563 to €58,833
- Financial charges +€3,952
up €3,952 (+106.9%), from €3,696 to €7,648
- Depreciation +€1,537
up €1,537 (+98.1%), from €1,566 to €3,103
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 | €297,437 | €332,014 | +€34,577 | +11.6% |
| Fixed assets | 21/28 | €1,488 | €19,386 | +€17,897 | +1202.5% |
| Tangible fixed assets | 22/27 | €1,488 | €19,386 | +€17,897 | +1202.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €137 | €0 | -€137 | -100.0% |
| Furniture and vehicles | 24 | €1,351 | €19,386 | +€18,034 | +1334.4% |
| Current assets | 29/58 | €295,948 | €312,628 | +€16,680 | +5.6% |
| Stocks and contracts in progress | 3 | €67,294 | €106,446 | +€39,153 | +58.2% |
| Stocks | 30/36 | €67,294 | €106,446 | +€39,153 | +58.2% |
| Amounts receivable within one year | 40/41 | €35,456 | €31,208 | -€4,248 | -12.0% |
| Trade receivables | 40 | €28,897 | €31,208 | +€2,311 | +8.0% |
| Other amounts receivable | 41 | €6,559 | €0 | -€6,559 | -100.0% |
| Cash at bank and in hand | 54/58 | €166,271 | €153,565 | -€12,707 | -7.6% |
| Deferred charges and accrued income | 490/1 | €26,927 | €21,409 | -€5,519 | -20.5% |
| Total equity and liabilities | 10/49 | €297,437 | €332,014 | +€34,577 | +11.6% |
| Equity | 10/15 | €171,491 | €201,471 | +€29,980 | +17.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €156,491 | €186,471 | +€29,980 | +19.2% |
| Distributable reserves | 133 | €156,491 | €186,471 | +€29,980 | +19.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,946 | €130,542 | +€4,597 | +3.6% |
| Amounts payable within one year | 42/48 | €125,930 | €130,454 | +€4,524 | +3.6% |
| Trade debts | 44 | €24,032 | €34,498 | +€10,465 | +43.5% |
| Suppliers | 440/4 | €24,032 | €34,498 | +€10,465 | +43.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,784 | €7,254 | +€3,470 | +91.7% |
| Taxes | 450/3 | €3,784 | €7,254 | +€3,470 | +91.7% |
| Other amounts payable | 47/48 | €98,113 | €88,702 | -€9,412 | -9.6% |
| Accrued charges and deferred income | 492/3 | €16 | €89 | +€73 | +462.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €3,103 | +€1,537 | +98.1% |
| Other operating charges | 640/8 | €854 | €1,933 | +€1,079 | +126.3% |
| Gross operating margin | 9900 | €110,563 | €58,833 | -€51,730 | -46.8% |
| Operating profit (loss) | 9901 | €108,143 | €53,798 | -€54,345 | -50.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €3,696 | €7,648 | +€3,952 | +106.9% |
| Recurring financial charges | 65 | €3,696 | €7,648 | +€3,952 | +106.9% |
| Profit (loss) for the period before taxes | 9903 | €104,447 | €46,149 | -€58,297 | -55.8% |
| Income taxes | 67/77 | €15,833 | €15,336 | -€497 | -3.1% |
| Profit (loss) for the period | 9904 | €88,613 | €30,813 | -€57,800 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €88,613 | €30,813 | -€57,800 | -65.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.