LDM MOVING & HANDLING: 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 MOVING & HANDLING
Largest movements
- Tangible fixed assets +€712,054
up €712,054 (+24.2%), from €2.9m to €3.7m
of which Land and buildings: +€574,898
- Receivables within one year +€114,091
up €114,091 (+711%), from €16,041 to €130,132
of which Other amounts receivable: +€114,091
- Debts after one year +€534,634
up €534,634 (+36.1%), from €1.5m to €2.0m
- Other debts +€144,527
up €144,527 (+32.0%), from €452,081 to €596,608
- Reserves +€92,689
up €92,689 (+12.2%), from €757,791 to €850,480
of which Distributable reserves: +€155,839
- Current portion of long-term debt +€88,383
up €88,383 (+66.8%), from €132,246 to €220,630
- Trade debts -€56,441
down €56,441 (-52.5%), from €107,524 to €51,082
- Gross operating margin -€503,585
down €503,585 (-57.5%), from €876,119 to €372,534
- Taxes -€114,985
down €114,985 (-69.4%), from €165,570 to €50,585
- Depreciation -€64,849
down €64,849 (-36.8%), from €176,043 to €111,194
- Staff costs -€26,474
down €26,474 (-37.1%), from €71,442 to €44,967
- Financial charges -€13,035
down €13,035 (-16.9%), from €77,080 to €64,046
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 | €3,000,618 | €3,822,269 | +€821,651 | +27.4% |
| Fixed assets | 21/28 | €2,940,049 | €3,652,103 | +€712,054 | +24.2% |
| Tangible fixed assets | 22/27 | €2,940,049 | €3,652,103 | +€712,054 | +24.2% |
| Land and buildings | 22 | €2,900,129 | €3,475,027 | +€574,898 | +19.8% |
| Plant, machinery and equipment | 23 | €35,826 | €42,939 | +€7,113 | +19.9% |
| Furniture and vehicles | 24 | €4,094 | €134,137 | +€130,043 | +3,177% |
| Current assets | 29/58 | €60,569 | €170,166 | +€109,597 | +181% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €16,041 | €130,132 | +€114,091 | +711% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €16,041 | €130,132 | +€114,091 | +711% |
| Cash at bank and in hand | 54/58 | €41,879 | €32,138 | -€9,741 | -23.3% |
| Deferred charges and accrued income | 490/1 | €2,649 | €7,896 | +€5,247 | +198% |
| Total equity and liabilities | 10/49 | €3,000,618 | €3,822,269 | +€821,651 | +27.4% |
| Equity | 10/15 | €776,391 | €869,080 | +€92,689 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €757,791 | €850,480 | +€92,689 | +12.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €84,200 | €21,050 | -€63,150 | -75.0% |
| Distributable reserves | 133 | €673,591 | €829,430 | +€155,839 | +23.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,224,227 | €2,953,189 | +€728,962 | +32.8% |
| Amounts payable after more than one year | 17 | €1,479,012 | €2,013,647 | +€534,634 | +36.1% |
| Financial debts | 170/4 | €1,479,012 | €2,013,647 | +€534,634 | +36.1% |
| Amounts payable within one year | 42/48 | €733,846 | €929,016 | +€195,170 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €132,246 | €220,630 | +€88,383 | +66.8% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €107,524 | €51,082 | -€56,441 | -52.5% |
| Suppliers | 440/4 | €107,524 | €51,082 | -€56,441 | -52.5% |
| Advances received on contracts in progress | 46 | - | €1,108 | +€1,108 | |
| Taxes, remuneration and social security | 45 | €41,996 | €9,589 | -€32,407 | -77.2% |
| Taxes | 450/3 | €35,570 | €734 | -€34,837 | -97.9% |
| Remuneration and social security | 454/9 | €6,426 | €8,855 | +€2,429 | +37.8% |
| Other amounts payable | 47/48 | €452,081 | €596,608 | +€144,527 | +32.0% |
| Accrued charges and deferred income | 492/3 | €11,368 | €10,526 | -€842 | -7.4% |
| Remuneration, social security and pensions | 62 | €71,442 | €44,967 | -€26,474 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,043 | €111,194 | -€64,849 | -36.8% |
| Other operating charges | 640/8 | €10,335 | €9,052 | -€1,282 | -12.4% |
| Non-recurring operating charges | 66A | €16,947 | €0 | -€16,947 | -100% |
| Gross operating margin | 9900 | €876,119 | €372,534 | -€503,585 | -57.5% |
| Operating profit (loss) | 9901 | €601,353 | €207,320 | -€394,033 | -65.5% |
| Financial income | 75/76B | €1,249 | €0 | -€1,249 | -100% |
| Recurring financial income | 75 | €1,249 | €0 | -€1,249 | -100% |
| Financial charges | 65/66B | €77,080 | €64,046 | -€13,035 | -16.9% |
| Recurring financial charges | 65 | €77,080 | €64,046 | -€13,035 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €525,522 | €143,275 | -€382,247 | -72.7% |
| Income taxes | 67/77 | €165,570 | €50,585 | -€114,985 | -69.4% |
| Profit (loss) for the period | 9904 | €359,952 | €92,689 | -€267,262 | -74.2% |
| Transfer from tax-exempt reserves | 789 | - | €63,150 | +€63,150 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €359,952 | €155,839 | -€204,112 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.