LDD Management: 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
LDD Management
NACE 56.112, Limited-service restaurants, excluding mobile food services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€181,412
2024 · €173,944+€7,468
Equity
€274,988
2024 · €192,400+€82,588
Cash
€46,001
2024 · €42,032+€3,969
Balance sheet total
€581,425
2024 · €546,054+€35,371
Largest movements
Assets
- Tangible fixed assets +€27,160
up €27,160 (+26.3%), from €103,421 to €130,581
of which Other tangible fixed assets: +€26,569
Equity and liabilities
- Reserves +€82,588
up €82,588 (+47.9%), from €172,400 to €254,988
- Debts after one year -€49,099
down €49,099 (-36.1%), from €136,065 to €86,966
- Other debts +€21,974
up €21,974 (+37.9%), from €57,980 to €79,954
- Tax, wage and social debts -€9,530
down €9,530 (-17.0%), from €56,164 to €46,634
of which Taxes: -€9,424
- Trade debts -€6,776
down €6,776 (-34.9%), from €19,389 to €12,613
Income statement
- Staff costs -€13,152
down €13,152 (-8.8%), from €149,350 to €136,197
- Depreciation +€9,699
up €9,699 (+123.4%), from €7,861 to €17,559
- Gross operating margin +€7,168
up €7,168 (+1.8%), from €392,901 to €400,069
- Other operating charges +€4,269
up €4,269 (+234.7%), from €1,819 to €6,088
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.
Result 2024
€173,944
Gross operating margin
+€7,168
Staff costs
+€13,152
Depreciation
-€9,699
Other operating charges
-€4,269
Financial income
+€3,387
Financial charges
+€1,378
Taxes
-€3,648
Result 2025
€181,412
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.
From operations
+€201,323
Investment
-€44,720
Financing
-€152,634
Cash 2024
€42,032
From operations (derived)
+€201,323
Net result for the year
+€181,412
Depreciation
+€17,559
Receivables after one year
+€1,581
Stocks and contracts
-€1,066
Receivables within one year
-€4,093
Deferred charges and accrued income
-€664
Trade debts
-€6,776
Tax, wage and social debts
-€9,530
Advances received
+€822
Other debts
+€21,974
Accrued charges and deferred income
+€104
Investment (derived)
-€44,720
Investment in fixed assets (net)
-€44,720
Financing
-€152,634
Debts after one year
-€49,099
Current portion of long-term debt
+€429
Short-term financial debts
-€5,140
Contributions, distributions and other
-€98,824
Cash 2025
€46,001
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €546,054 | €581,425 | +€35,371 | +6.5% |
| Fixed assets | 21/28 | €482,921 | €510,081 | +€27,160 | +5.6% |
| Tangible fixed assets | 22/27 | €103,421 | €130,581 | +€27,160 | +26.3% |
| Plant, machinery and equipment | 23 | €22,705 | €23,418 | +€713 | +3.1% |
| Furniture and vehicles | 24 | €121 | €0 | -€121 | -100.0% |
| Other tangible fixed assets | 26 | €80,594 | €107,163 | +€26,569 | +33.0% |
| Financial fixed assets | 28 | €379,500 | €379,500 | = | 0.0% |
| Current assets | 29/58 | €63,133 | €71,344 | +€8,211 | +13.0% |
| Amounts receivable after more than one year | 29 | €1,581 | €0 | -€1,581 | -100.0% |
| Other amounts receivable | 291 | €1,581 | €0 | -€1,581 | -100.0% |
| Stocks and contracts in progress | 3 | €6,481 | €7,547 | +€1,066 | +16.4% |
| Stocks | 30/36 | €6,481 | €7,547 | +€1,066 | +16.4% |
| Amounts receivable within one year | 40/41 | €13,038 | €17,131 | +€4,093 | +31.4% |
| Trade receivables | 40 | €3,146 | €2,131 | -€1,014 | -32.2% |
| Other amounts receivable | 41 | €9,893 | €15,000 | +€5,107 | +51.6% |
| Cash at bank and in hand | 54/58 | €42,032 | €46,001 | +€3,969 | +9.4% |
| Deferred charges and accrued income | 490/1 | €0 | €664 | +€664 | |
| Total equity and liabilities | 10/49 | €546,054 | €581,425 | +€35,371 | +6.5% |
| Equity | 10/15 | €192,400 | €274,988 | +€82,588 | +42.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €172,400 | €254,988 | +€82,588 | +47.9% |
| Distributable reserves | 133 | €172,400 | €254,988 | +€82,588 | +47.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €353,654 | €306,437 | -€47,217 | -13.4% |
| Amounts payable after more than one year | 17 | €136,065 | €86,966 | -€49,099 | -36.1% |
| Financial debts | 170/4 | €136,065 | €86,966 | -€49,099 | -36.1% |
| Amounts payable within one year | 42/48 | €217,589 | €219,366 | +€1,777 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €48,671 | €49,099 | +€429 | +0.9% |
| Financial debts | 43 | €35,385 | €30,245 | -€5,140 | -14.5% |
| Credit institutions | 430/8 | €35,385 | €30,245 | -€5,140 | -14.5% |
| Trade debts | 44 | €19,389 | €12,613 | -€6,776 | -34.9% |
| Suppliers | 440/4 | €19,389 | €12,613 | -€6,776 | -34.9% |
| Advances received on contracts in progress | 46 | - | €822 | +€822 | |
| Taxes, remuneration and social security | 45 | €56,164 | €46,634 | -€9,530 | -17.0% |
| Taxes | 450/3 | €48,959 | €39,535 | -€9,424 | -19.2% |
| Remuneration and social security | 454/9 | €7,204 | €7,099 | -€106 | -1.5% |
| Other amounts payable | 47/48 | €57,980 | €79,954 | +€21,974 | +37.9% |
| Accrued charges and deferred income | 492/3 | €0 | €104 | +€104 | |
| Remuneration, social security and pensions | 62 | €149,350 | €136,197 | -€13,152 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,861 | €17,559 | +€9,699 | +123.4% |
| Other operating charges | 640/8 | €1,819 | €6,088 | +€4,269 | +234.7% |
| Gross operating margin | 9900 | €392,901 | €400,069 | +€7,168 | +1.8% |
| Operating profit (loss) | 9901 | €233,872 | €240,224 | +€6,352 | +2.7% |
| Financial income | 75/76B | €207 | €3,594 | +€3,387 | +1634.7% |
| Recurring financial income | 75 | €207 | €3,594 | +€3,387 | +1634.7% |
| Financial charges | 65/66B | €10,024 | €8,647 | -€1,378 | -13.7% |
| Recurring financial charges | 65 | €10,024 | €8,647 | -€1,378 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €224,054 | €235,171 | +€11,117 | +5.0% |
| Income taxes | 67/77 | €50,111 | €53,759 | +€3,648 | +7.3% |
| Profit (loss) for the period | 9904 | €173,944 | €181,412 | +€7,468 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,944 | €181,412 | +€7,468 | +4.3% |
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 7 October 2026 via checked.be.