LDI 2 connect: 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.
LDI 2 connect
Largest movements
- Cash +€98,240
up €98,240 (+356.2%), from €27,581 to €125,821
mainly Net result for the year (+€72,702) and Tax, wage and social debts (+€19,459)
- Receivables within one year -€7,423
down €7,423 (-30.1%), from €24,625 to €17,202
- Deferred charges and accrued income +€1,462
up €1,462 (+121.1%), from €1,208 to €2,670
- Reserves +€72,702
up €72,702 (+222.4%), from €32,695 to €105,397
- Tax, wage and social debts +€19,459
up €19,459 (+114.1%), from €17,056 to €36,516
- Trade debts +€2,079
up €2,079 (+410.5%), from €506 to €2,585
- Accrued charges and deferred income -€1,963
down €1,963 (-100.0%), from €1,963 to €0
- Gross operating margin +€49,807
up €49,807 (+116.4%), from €42,805 to €92,612
- Taxes +€10,662
up €10,662 (+129.1%), from €8,259 to €18,921
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 | €53,414 | €145,694 | +€92,280 | +172.8% |
| Current assets | 29/58 | €53,414 | €145,694 | +€92,280 | +172.8% |
| Amounts receivable within one year | 40/41 | €24,625 | €17,202 | -€7,423 | -30.1% |
| Trade receivables | 40 | €24,625 | €17,202 | -€7,423 | -30.1% |
| Cash at bank and in hand | 54/58 | €27,581 | €125,821 | +€98,240 | +356.2% |
| Deferred charges and accrued income | 490/1 | €1,208 | €2,670 | +€1,462 | +121.1% |
| Total equity and liabilities | 10/49 | €53,414 | €145,694 | +€92,280 | +172.8% |
| Equity | 10/15 | €33,695 | €106,397 | +€72,702 | +215.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,695 | €105,397 | +€72,702 | +222.4% |
| Distributable reserves | 133 | €32,695 | €105,397 | +€72,702 | +222.4% |
| Amounts payable | 17/49 | €19,719 | €39,297 | +€19,578 | +99.3% |
| Amounts payable within one year | 42/48 | €17,756 | €39,297 | +€21,541 | +121.3% |
| Trade debts | 44 | €506 | €2,585 | +€2,079 | +410.5% |
| Suppliers | 440/4 | €506 | €2,585 | +€2,079 | +410.5% |
| Taxes, remuneration and social security | 45 | €17,056 | €36,516 | +€19,459 | +114.1% |
| Taxes | 450/3 | €17,056 | €36,516 | +€19,459 | +114.1% |
| Other amounts payable | 47/48 | €193 | €196 | +€3 | +1.5% |
| Accrued charges and deferred income | 492/3 | €1,963 | €0 | -€1,963 | -100.0% |
| Other operating charges | 640/8 | €1,812 | €911 | -€901 | -49.7% |
| Gross operating margin | 9900 | €42,805 | €92,612 | +€49,807 | +116.4% |
| Operating profit (loss) | 9901 | €40,993 | €91,701 | +€50,708 | +123.7% |
| Financial income | 75/76B | €0 | €3 | +€3 | +14950.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +14950.0% |
| Financial charges | 65/66B | €40 | €82 | +€42 | +106.9% |
| Recurring financial charges | 65 | €40 | €82 | +€42 | +106.9% |
| Profit (loss) for the period before taxes | 9903 | €40,954 | €91,622 | +€50,669 | +123.7% |
| Income taxes | 67/77 | €8,259 | €18,921 | +€10,662 | +129.1% |
| Profit (loss) for the period | 9904 | €32,695 | €72,702 | +€40,007 | +122.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,695 | €72,702 | +€40,007 | +122.4% |
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.