LDi Advices: 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 Advices
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€18,401
down €18,401 (-34.2%), from €53,798 to €35,397
of which Furniture and vehicles: -€16,377
- Cash -€3,399
down €3,399 (-3.2%), from €105,200 to €101,801
mainly Current investments (-€60,000) and Current portion of long-term debt (-€10,000)
- Profit (loss) carried forward +€50,562
up €50,562 (+39.6%), from €127,622 to €178,184
- Current portion of long-term debt -€10,000
down €10,000 (-66.7%), from €15,000 to €5,000
- Other debts -€2,328
down €2,328 (-46.8%), from €4,980 to €2,652
- Gross operating margin -€15,768
down €15,768 (-15.6%), from €101,021 to €85,253
- Taxes -€2,728
down €2,728 (-15.3%), from €17,774 to €15,046
- Depreciation +€1,320
up €1,320 (+7.7%), from €17,081 to €18,401
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 | €158,999 | €197,250 | +€38,251 | +24.1% |
| Fixed assets | 21/28 | €53,798 | €35,397 | -€18,401 | -34.2% |
| Tangible fixed assets | 22/27 | €53,798 | €35,397 | -€18,401 | -34.2% |
| Furniture and vehicles | 24 | €46,126 | €29,749 | -€16,377 | -35.5% |
| Other tangible fixed assets | 26 | €7,672 | €5,648 | -€2,024 | -26.4% |
| Current assets | 29/58 | €105,201 | €161,853 | +€56,652 | +53.9% |
| Amounts receivable within one year | 40/41 | €1 | €52 | +€51 | +5,126% |
| Other amounts receivable | 41 | €1 | €52 | +€51 | +5,126% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €105,200 | €101,801 | -€3,399 | -3.2% |
| Total equity and liabilities | 10/49 | €158,999 | €197,250 | +€38,251 | +24.1% |
| Equity | 10/15 | €129,622 | €180,184 | +€50,562 | +39.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,622 | €178,184 | +€50,562 | +39.6% |
| Amounts payable | 17/49 | €29,377 | €17,065 | -€12,312 | -41.9% |
| Amounts payable within one year | 42/48 | €29,377 | €15,537 | -€13,840 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Trade debts | 44 | €227 | €119 | -€108 | -47.5% |
| Suppliers | 440/4 | €227 | €119 | -€108 | -47.5% |
| Taxes, remuneration and social security | 45 | €9,170 | €7,766 | -€1,404 | -15.3% |
| Taxes | 450/3 | €9,170 | €7,766 | -€1,404 | -15.3% |
| Other amounts payable | 47/48 | €4,980 | €2,652 | -€2,328 | -46.8% |
| Accrued charges and deferred income | 492/3 | - | €1,528 | +€1,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,081 | €18,401 | +€1,320 | +7.7% |
| Other operating charges | 640/8 | €930 | €1,304 | +€374 | +40.2% |
| Gross operating margin | 9900 | €101,021 | €85,253 | -€15,768 | -15.6% |
| Operating profit (loss) | 9901 | €83,010 | €65,549 | -€17,461 | -21.0% |
| Financial income | 75/76B | €348 | €825 | +€477 | +137% |
| Recurring financial income | 75 | €348 | €825 | +€477 | +137% |
| Financial charges | 65/66B | €1,681 | €765 | -€916 | -54.5% |
| Recurring financial charges | 65 | €1,681 | €765 | -€916 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €81,677 | €65,609 | -€16,068 | -19.7% |
| Income taxes | 67/77 | €17,774 | €15,046 | -€2,728 | -15.3% |
| Profit (loss) for the period | 9904 | €63,903 | €50,562 | -€13,341 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,903 | €50,562 | -€13,341 | -20.9% |
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 16 October 2026 via checked.be.