LDE: 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.
LDE
Largest movements
- Cash +€1,448
up €1,448 (+46.8%), from €3,095 to €4,543
mainly Net result for the year (+€1,841) and Receivables within one year (+€827)
- Receivables within one year -€827
down €827 (-93.3%), from €887 to €59
of which Trade receivables: -€680
- Profit (loss) carried forward +€1,841
up €1,841 (+9.0%), from €20,396 to €22,236
- Trade debts -€1,434
down €1,434 (-85.3%), from €1,682 to €248
- Gross operating margin +€3,369
up €3,369, from -€984 to €2,384
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.
Derived cash bridge
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 | €64,942 | €65,349 | +€407 | +0.6% |
| Current assets | 29/58 | €64,942 | €65,349 | +€407 | +0.6% |
| Stocks and contracts in progress | 3 | €60,960 | €60,746 | -€214 | -0.4% |
| Stocks | 30/36 | €60,960 | €60,746 | -€214 | -0.4% |
| Amounts receivable within one year | 40/41 | €887 | €59 | -€827 | -93.3% |
| Trade receivables | 40 | €680 | - | -€680 | |
| Other amounts receivable | 41 | €206 | €59 | -€147 | -71.2% |
| Cash at bank and in hand | 54/58 | €3,095 | €4,543 | +€1,448 | +46.8% |
| Total equity and liabilities | 10/49 | €64,942 | €65,349 | +€407 | +0.6% |
| Equity | 10/15 | €40,847 | €42,688 | +€1,841 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,396 | €22,236 | +€1,841 | +9.0% |
| Amounts payable | 17/49 | €24,095 | €22,661 | -€1,434 | -6.0% |
| Amounts payable within one year | 42/48 | €24,095 | €22,661 | -€1,434 | -6.0% |
| Trade debts | 44 | €1,682 | €248 | -€1,434 | -85.3% |
| Suppliers | 440/4 | €1,682 | €248 | -€1,434 | -85.3% |
| Other amounts payable | 47/48 | €22,413 | €22,413 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€984 | €2,384 | +€3,369 | |
| Operating profit (loss) | 9901 | -€1,372 | €1,985 | +€3,356 | |
| Financial charges | 65/66B | €145 | €144 | -€1 | -0.9% |
| Recurring financial charges | 65 | €145 | €144 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,517 | €1,841 | +€3,357 | |
| Profit (loss) for the period | 9904 | -€1,517 | €1,841 | +€3,357 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,517 | €1,841 | +€3,357 |
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 14 October 2026 via checked.be.