LDS Solutions: 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.
LDS Solutions
Largest movements
- Receivables within one year +€12,416
up €12,416 (+205.1%), from €6,055 to €18,471
of which Trade receivables: +€10,890
- Cash -€9,565
down €9,565 (-25.6%), from €37,346 to €27,780
mainly Contributions, distributions and other (-€18,813) and Receivables within one year (-€12,416)
- Deferred charges and accrued income +€949
new in 2025: €949
- Tangible fixed assets +€578
up €578 (+17.8%), from €3,255 to €3,833
of which Plant, machinery and equipment: +€661
- Other debts +€18,905
up €18,905 (+495.7%), from €3,814 to €22,719
- Reserves -€18,813
down €18,813 (-26.7%), from €70,479 to €51,666
of which Distributable reserves: -€18,813
- Profit (loss) carried forward +€3,839
up €3,839 (+10.6%), from -€36,138 to -€32,300
- Tax, wage and social debts +€1,800
up €1,800 (+42.3%), from €4,260 to €6,060
- Trade debts -€1,455
down €1,455 (-86.7%), from €1,677 to €223
- Gross operating margin -€9,137
down €9,137 (-53.0%), from €17,225 to €8,088
- Taxes -€1,972
down €1,972 (-50.0%), from €3,945 to €1,974
- Depreciation -€356
down €356 (-14.2%), from €2,514 to €2,158
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 | €50,292 | €54,568 | +€4,276 | +8.5% |
| Fixed assets | 21/28 | €3,255 | €3,833 | +€578 | +17.8% |
| Tangible fixed assets | 22/27 | €3,255 | €3,833 | +€578 | +17.8% |
| Plant, machinery and equipment | 23 | €492 | €1,153 | +€661 | +134.4% |
| Furniture and vehicles | 24 | €2,763 | €2,680 | -€83 | -3.0% |
| Current assets | 29/58 | €47,037 | €50,735 | +€3,698 | +7.9% |
| Amounts receivable after more than one year | 29 | €3,637 | €3,536 | -€101 | -2.8% |
| Other amounts receivable | 291 | €3,637 | €3,536 | -€101 | -2.8% |
| Amounts receivable within one year | 40/41 | €6,055 | €18,471 | +€12,416 | +205.1% |
| Trade receivables | 40 | - | €10,890 | +€10,890 | |
| Other amounts receivable | 41 | €6,055 | €7,581 | +€1,526 | +25.2% |
| Cash at bank and in hand | 54/58 | €37,346 | €27,780 | -€9,565 | -25.6% |
| Deferred charges and accrued income | 490/1 | - | €949 | +€949 | |
| Total equity and liabilities | 10/49 | €50,292 | €54,568 | +€4,276 | +8.5% |
| Equity | 10/15 | €40,541 | €25,566 | -€14,975 | -36.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,479 | €51,666 | -€18,813 | -26.7% |
| 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 | €68,619 | €49,806 | -€18,813 | -27.4% |
| Profit (loss) carried forward | 14 | -€36,138 | -€32,300 | +€3,839 | +10.6% |
| Amounts payable | 17/49 | €9,751 | €29,002 | +€19,251 | +197.4% |
| Amounts payable within one year | 42/48 | €9,751 | €29,002 | +€19,251 | +197.4% |
| Trade debts | 44 | €1,677 | €223 | -€1,455 | -86.7% |
| Suppliers | 440/4 | €1,677 | €223 | -€1,455 | -86.7% |
| Taxes, remuneration and social security | 45 | €4,260 | €6,060 | +€1,800 | +42.3% |
| Taxes | 450/3 | €4,260 | €6,060 | +€1,800 | +42.3% |
| Other amounts payable | 47/48 | €3,814 | €22,719 | +€18,905 | +495.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,514 | €2,158 | -€356 | -14.2% |
| Other operating charges | 640/8 | €232 | €62 | -€170 | -73.3% |
| Gross operating margin | 9900 | €17,225 | €8,088 | -€9,137 | -53.0% |
| Operating profit (loss) | 9901 | €14,478 | €5,868 | -€8,611 | -59.5% |
| Financial charges | 65/66B | €61 | €55 | -€5 | -8.7% |
| Recurring financial charges | 65 | €61 | €55 | -€5 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €14,418 | €5,812 | -€8,605 | -59.7% |
| Income taxes | 67/77 | €3,945 | €1,974 | -€1,972 | -50.0% |
| Profit (loss) for the period | 9904 | €10,472 | €3,839 | -€6,634 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,472 | €3,839 | -€6,634 | -63.3% |
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 6 October 2026 via checked.be.