LDL.aw: 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.
LDL.aw
Largest movements
- Cash +€43,250
up €43,250 (+95.1%), from €45,464 to €88,714
mainly Net result for the year (+€32,922) and Receivables within one year (+€7,715)
- Receivables within one year -€7,715
no longer reported in 2025 (was €7,715)
of which Trade receivables: -€7,349
- Reserves +€32,922
up €32,922 (+84.3%), from €39,045 to €71,968
- Tax, wage and social debts +€934
up €934 (+6.4%), from €14,503 to €15,437
- Gross operating margin +€7,419
up €7,419 (+21.2%), from €35,008 to €42,427
- Taxes +€1,553
up €1,553 (+20.1%), from €7,719 to €9,272
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 | €53,875 | €89,292 | +€35,417 | +65.7% |
| Current assets | 29/58 | €53,875 | €89,292 | +€35,417 | +65.7% |
| Amounts receivable within one year | 40/41 | €7,715 | - | -€7,715 | |
| Trade receivables | 40 | €7,349 | - | -€7,349 | |
| Other amounts receivable | 41 | €366 | - | -€366 | |
| Cash at bank and in hand | 54/58 | €45,464 | €88,714 | +€43,250 | +95.1% |
| Deferred charges and accrued income | 490/1 | €696 | €578 | -€117 | -16.9% |
| Total equity and liabilities | 10/49 | €53,875 | €89,292 | +€35,417 | +65.7% |
| Equity | 10/15 | €39,145 | €72,068 | +€32,922 | +84.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €39,045 | €71,968 | +€32,922 | +84.3% |
| Distributable reserves | 133 | €39,045 | €71,968 | +€32,922 | +84.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,730 | €17,225 | +€2,495 | +16.9% |
| Amounts payable within one year | 42/48 | €14,730 | €17,225 | +€2,495 | +16.9% |
| Trade debts | 44 | €227 | €1,059 | +€832 | +366% |
| Suppliers | 440/4 | €227 | €1,059 | +€832 | +366% |
| Taxes, remuneration and social security | 45 | €14,503 | €15,437 | +€934 | +6.4% |
| Taxes | 450/3 | €14,503 | €15,437 | +€934 | +6.4% |
| Other amounts payable | 47/48 | - | €728 | +€728 | |
| Other operating charges | 640/8 | €280 | €192 | -€88 | -31.4% |
| Gross operating margin | 9900 | €35,008 | €42,427 | +€7,419 | +21.2% |
| Operating profit (loss) | 9901 | €34,727 | €42,234 | +€7,507 | +21.6% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €34,684 | €42,194 | +€7,510 | +21.7% |
| Income taxes | 67/77 | €7,719 | €9,272 | +€1,553 | +20.1% |
| Profit (loss) for the period | 9904 | €26,965 | €32,922 | +€5,957 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,965 | €32,922 | +€5,957 | +22.1% |
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 22 October 2026 via checked.be.