LDSC: 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.
LDSC
Largest movements
- Receivables within one year +€847
up €847 (+155.4%), from €545 to €1,392
of which Trade receivables: +€833
- Cash -€91
down €91 (-67.2%), from €135 to €44
mainly Net result for the year (-€4,784) and Receivables within one year (-€847)
- Trade debts +€5,386
up €5,386 (+523.9%), from €1,028 to €6,414
- Profit (loss) carried forward -€4,784
down €4,784 (-41.2%), from -€11,621 to -€16,406
- Other debts +€89
up €89 (+1.1%), from €8,273 to €8,362
- Tax, wage and social debts +€66
new in 2025: €66
- Gross operating margin +€5,211
up €5,211 (+53.6%), from -€9,720 to -€4,508
- Financial charges +€204
up €204 (+284.2%), from €72 to €276
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 | €680 | €1,436 | +€756 | +111.2% |
| Current assets | 29/58 | €680 | €1,436 | +€756 | +111.2% |
| Amounts receivable within one year | 40/41 | €545 | €1,392 | +€847 | +155.4% |
| Trade receivables | 40 | - | €833 | +€833 | |
| Other amounts receivable | 41 | €545 | €559 | +€14 | +2.5% |
| Cash at bank and in hand | 54/58 | €135 | €44 | -€91 | -67.2% |
| Total equity and liabilities | 10/49 | €680 | €1,436 | +€756 | +111.2% |
| Equity | 10/15 | -€8,621 | -€13,406 | -€4,784 | -55.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,621 | -€16,406 | -€4,784 | -41.2% |
| Amounts payable | 17/49 | €9,301 | €14,842 | +€5,541 | +59.6% |
| Amounts payable within one year | 42/48 | €9,301 | €14,842 | +€5,541 | +59.6% |
| Trade debts | 44 | €1,028 | €6,414 | +€5,386 | +523.9% |
| Suppliers | 440/4 | €1,028 | €6,414 | +€5,386 | +523.9% |
| Taxes, remuneration and social security | 45 | - | €66 | +€66 | |
| Taxes | 450/3 | - | €66 | +€66 | |
| Other amounts payable | 47/48 | €8,273 | €8,362 | +€89 | +1.1% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€9,720 | -€4,508 | +€5,211 | +53.6% |
| Operating profit (loss) | 9901 | -€9,720 | -€4,508 | +€5,211 | +53.6% |
| Financial charges | 65/66B | €72 | €276 | +€204 | +284.2% |
| Recurring financial charges | 65 | €72 | €276 | +€204 | +284.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,791 | -€4,784 | +€5,007 | +51.1% |
| Profit (loss) for the period | 9904 | -€9,791 | -€4,784 | +€5,007 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,791 | -€4,784 | +€5,007 | +51.1% |
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 12 October 2026 via checked.be.