LDS: 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.
LDS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€60,328
down €60,328 (-0.7%), from -€8.9m to -€8.9m
- Accrued charges and deferred income +€45,130
up €45,130 (+62.4%), from €72,332 to €117,462
- Trade debts +€10,473
up €10,473 (+67.3%), from €15,566 to €26,039
- Financial charges -€27,106
down €27,106 (-37.4%), from €72,522 to €45,416
- Gross operating margin +€2,961
up €2,961 (+19.8%), from -€14,953 to -€11,992
- Other operating charges +€2,421
up €2,421 (+485.2%), from €499 to €2,920
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,000,000 | €1,004,402 | +€4,402 | +0.4% |
| Current assets | 29/58 | €1,000,000 | €1,004,402 | +€4,402 | +0.4% |
| Amounts receivable within one year | 40/41 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €4,402 | +€4,402 | |
| Total equity and liabilities | 10/49 | €1,000,000 | €1,004,402 | +€4,402 | +0.4% |
| Equity | 10/15 | -€555,040 | -€615,368 | -€60,328 | -10.9% |
| Contributions | 10/11 | €2,255,000 | €2,255,000 | = | 0.0% |
| Capital | 10 | €2,255,000 | €2,255,000 | = | 0.0% |
| Issued capital | 100 | €2,255,000 | €2,255,000 | = | 0.0% |
| Reserves | 13 | €6,057,785 | €6,057,785 | = | 0.0% |
| Distributable reserves | 133 | €6,057,785 | €6,057,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,867,825 | -€8,928,153 | -€60,328 | -0.7% |
| Amounts payable | 17/49 | €1,555,040 | €1,619,770 | +€64,730 | +4.2% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €482,708 | €502,308 | +€19,600 | +4.1% |
| Financial debts | 43 | €158 | - | -€158 | |
| Credit institutions | 430/8 | €158 | - | -€158 | |
| Trade debts | 44 | €15,566 | €26,039 | +€10,473 | +67.3% |
| Suppliers | 440/4 | €15,566 | €26,039 | +€10,473 | +67.3% |
| Taxes, remuneration and social security | 45 | €308,288 | €308,288 | = | 0.0% |
| Taxes | 450/3 | €308,288 | €308,288 | = | 0.0% |
| Other amounts payable | 47/48 | €158,696 | €167,981 | +€9,285 | +5.9% |
| Accrued charges and deferred income | 492/3 | €72,332 | €117,462 | +€45,130 | +62.4% |
| Other operating charges | 640/8 | €499 | €2,920 | +€2,421 | +485.2% |
| Gross operating margin | 9900 | -€14,953 | -€11,992 | +€2,961 | +19.8% |
| Operating profit (loss) | 9901 | -€15,452 | -€14,912 | +€540 | +3.5% |
| Financial charges | 65/66B | €72,522 | €45,416 | -€27,106 | -37.4% |
| Recurring financial charges | 65 | €72,522 | €45,416 | -€27,106 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | -€87,974 | -€60,328 | +€27,646 | +31.4% |
| Profit (loss) for the period | 9904 | -€87,974 | -€60,328 | +€27,646 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,974 | -€60,328 | +€27,646 | +31.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.