LDLPE: 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.
LDLPE
Largest movements
- Intangible fixed assets -€21,429
down €21,429 (-26.7%), from €80,324 to €58,895
- Stocks and contracts +€10,912
up €10,912 (+31.0%), from €35,227 to €46,139
- Receivables within one year -€9,096
down €9,096 (-80.4%), from €11,310 to €2,213
of which Trade receivables: -€6,310
- Cash -€1,697
down €1,697 (-6.3%), from €27,151 to €25,454
mainly Other debts (-€38,450) and Contributions, distributions and other (-€20,000)
- Other debts -€38,450
down €38,450 (-55.4%), from €69,372 to €30,922
- Debts after one year +€26,000
new in 2025: €26,000
- Trade debts -€13,580
down €13,580 (-42.0%), from €32,325 to €18,745
- Tax, wage and social debts +€5,546
up €5,546 (+41.9%), from €13,232 to €18,778
of which Taxes: +€5,544
- Gross operating margin +€6,398
up €6,398 (+7.5%), from €85,259 to €91,657
- Taxes +€1,691
up €1,691 (+76.4%), from €2,214 to €3,905
- Staff costs -€1,346
down €1,346 (-3.0%), from €45,027 to €43,681
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 | €158,884 | €137,040 | -€21,843 | -13.7% |
| Fixed assets | 21/28 | €84,570 | €62,110 | -€22,460 | -26.6% |
| Intangible fixed assets | 21 | €80,324 | €58,895 | -€21,429 | -26.7% |
| Tangible fixed assets | 22/27 | €2,707 | €1,675 | -€1,032 | -38.1% |
| Furniture and vehicles | 24 | €2,707 | €1,675 | -€1,032 | -38.1% |
| Financial fixed assets | 28 | €1,540 | €1,540 | = | 0.0% |
| Current assets | 29/58 | €74,313 | €74,930 | +€617 | +0.8% |
| Stocks and contracts in progress | 3 | €35,227 | €46,139 | +€10,912 | +31.0% |
| Stocks | 30/36 | €35,227 | €46,139 | +€10,912 | +31.0% |
| Amounts receivable within one year | 40/41 | €11,310 | €2,213 | -€9,096 | -80.4% |
| Trade receivables | 40 | €8,524 | €2,213 | -€6,310 | -74.0% |
| Other amounts receivable | 41 | €2,786 | - | -€2,786 | |
| Cash at bank and in hand | 54/58 | €27,151 | €25,454 | -€1,697 | -6.3% |
| Deferred charges and accrued income | 490/1 | €625 | €1,124 | +€499 | +79.9% |
| Total equity and liabilities | 10/49 | €158,884 | €137,040 | -€21,843 | -13.7% |
| Equity | 10/15 | €43,954 | €42,595 | -€1,359 | -3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,954 | €37,595 | -€1,359 | -3.5% |
| Amounts payable | 17/49 | €114,929 | €94,445 | -€20,484 | -17.8% |
| Amounts payable after more than one year | 17 | - | €26,000 | +€26,000 | |
| Other amounts payable | 178/9 | - | €26,000 | +€26,000 | |
| Amounts payable within one year | 42/48 | €114,929 | €68,445 | -€46,484 | -40.4% |
| Trade debts | 44 | €32,325 | €18,745 | -€13,580 | -42.0% |
| Suppliers | 440/4 | €32,325 | €18,745 | -€13,580 | -42.0% |
| Taxes, remuneration and social security | 45 | €13,232 | €18,778 | +€5,546 | +41.9% |
| Taxes | 450/3 | €5,282 | €10,826 | +€5,544 | +105.0% |
| Remuneration and social security | 454/9 | €7,950 | €7,952 | +€2 | 0.0% |
| Other amounts payable | 47/48 | €69,372 | €30,922 | -€38,450 | -55.4% |
| Remuneration, social security and pensions | 62 | €45,027 | €43,681 | -€1,346 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,187 | €22,460 | -€727 | -3.1% |
| Other operating charges | 640/8 | €480 | €523 | +€43 | +9.0% |
| Non-recurring operating charges | 66A | €532 | €369 | -€163 | -30.7% |
| Gross operating margin | 9900 | €85,259 | €91,657 | +€6,398 | +7.5% |
| Operating profit (loss) | 9901 | €16,032 | €24,624 | +€8,592 | +53.6% |
| Financial income | 75/76B | €110 | €30 | -€80 | -72.5% |
| Recurring financial income | 75 | €110 | €30 | -€80 | -72.5% |
| Financial charges | 65/66B | €2,384 | €2,108 | -€276 | -11.6% |
| Recurring financial charges | 65 | €2,384 | €2,108 | -€276 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €13,758 | €22,546 | +€8,788 | +63.9% |
| Income taxes | 67/77 | €2,214 | €3,905 | +€1,691 | +76.4% |
| Profit (loss) for the period | 9904 | €11,544 | €18,641 | +€7,097 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,544 | €18,641 | +€7,097 | +61.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.