LdM Avocat: 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.
LdM Avocat
Largest movements
- Cash +€24,360
up €24,360 (+579%), from €4,211 to €28,571
mainly Net result for the year (+€28,459) and Other debts (+€13,557)
- Tangible fixed assets -€1,923
down €1,923 (-31.4%), from €6,128 to €4,205
- Receivables within one year -€1,141
down €1,141 (-2.0%), from €56,890 to €55,749
- Reserves +€20,000
up €20,000 (+347%), from €5,760 to €25,760
of which Distributable reserves: +€20,000
- Other debts +€13,557
up €13,557 (+86.4%), from €15,686 to €29,244
- Trade debts -€11,419
down €11,419 (-96.8%), from €11,798 to €379
- Profit (loss) carried forward -€8,541
down €8,541 (-46.8%), from €18,245 to €9,704
- Tax, wage and social debts +€7,763
up €7,763 (+87.0%), from €8,922 to €16,685
- Gross operating margin +€33,927
up €33,927 (+770%), from €4,404 to €38,331
- Taxes +€5,320
up €5,320 (+426%), from €1,247 to €6,567
- Other operating charges -€676
down €676 (-41.4%), from €1,634 to €958
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 | €72,811 | €94,172 | +€21,361 | +29.3% |
| Fixed assets | 21/28 | €11,128 | €9,205 | -€1,923 | -17.3% |
| Tangible fixed assets | 22/27 | €6,128 | €4,205 | -€1,923 | -31.4% |
| Furniture and vehicles | 24 | €6,128 | €4,205 | -€1,923 | -31.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €61,683 | €84,966 | +€23,284 | +37.7% |
| Amounts receivable within one year | 40/41 | €56,890 | €55,749 | -€1,141 | -2.0% |
| Trade receivables | 40 | €56,890 | €55,749 | -€1,141 | -2.0% |
| Cash at bank and in hand | 54/58 | €4,211 | €28,571 | +€24,360 | +579% |
| Deferred charges and accrued income | 490/1 | €582 | €647 | +€65 | +11.1% |
| Total equity and liabilities | 10/49 | €72,811 | €94,172 | +€21,361 | +29.3% |
| Equity | 10/15 | €36,405 | €47,864 | +€11,459 | +31.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,760 | €25,760 | +€20,000 | +347% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,900 | €23,900 | +€20,000 | +513% |
| Profit (loss) carried forward | 14 | €18,245 | €9,704 | -€8,541 | -46.8% |
| Amounts payable | 17/49 | €36,406 | €46,308 | +€9,902 | +27.2% |
| Amounts payable within one year | 42/48 | €36,406 | €46,308 | +€9,902 | +27.2% |
| Trade debts | 44 | €11,798 | €379 | -€11,419 | -96.8% |
| Suppliers | 440/4 | €11,798 | €379 | -€11,419 | -96.8% |
| Taxes, remuneration and social security | 45 | €8,922 | €16,685 | +€7,763 | +87.0% |
| Taxes | 450/3 | €8,922 | €16,685 | +€7,763 | +87.0% |
| Other amounts payable | 47/48 | €15,686 | €29,244 | +€13,557 | +86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,661 | €1,923 | +€262 | +15.8% |
| Other operating charges | 640/8 | €1,634 | €958 | -€676 | -41.4% |
| Gross operating margin | 9900 | €4,404 | €38,331 | +€33,927 | +770% |
| Operating profit (loss) | 9901 | €1,108 | €35,449 | +€34,341 | +3,098% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €426 | €424 | -€3 | -0.7% |
| Recurring financial charges | 65 | €426 | €424 | -€3 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €682 | €35,026 | +€34,344 | +5,036% |
| Income taxes | 67/77 | €1,247 | €6,567 | +€5,320 | +426% |
| Profit (loss) for the period | 9904 | -€565 | €28,459 | +€29,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€565 | €28,459 | +€29,024 |
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.