LDV Invest: what changed
What changed
LDV Invest
NACE 16.230, Manufacture of other builders' carpentry and joinery
filed annual accounts (NBB)
Net result for the year
-€25,960
2024 · -€23,769-€2,191
Equity
€205,246
2024 · €231,206-€25,960
Cash
€427
2024 · €1,192-€765
Balance sheet total
€308,024
2024 · €311,716-€3,692
Largest movements
Assets
- Tangible fixed assets -€3,959
down €3,959 (-3.4%), from €115,786 to €111,827
of which Land and buildings: -€3,400
Equity and liabilities
- Profit (loss) carried forward -€25,960
down €25,960 (-24.4%), from €106,374 to €80,414
- Other debts +€21,609
up €21,609 (+30.9%), from €70,037 to €91,646
Income statement
- Gross operating margin -€1,608
down €1,608 (-11.4%), from -€14,100 to -€15,708
- Other operating charges +€462
up €462 (+8.0%), from €5,742 to €6,205
- Depreciation +€188
up €188 (+5.0%), from €3,771 to €3,959
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€23,769
Gross operating margin
-€1,608
Depreciation
-€188
Other operating charges
-€462
Financial income
+€2
Financial charges
+€65
Result 2025
-€25,960
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€765
Investment
€0
Financing
€0
Cash 2024
€1,192
From operations (derived)
-€765
Net result for the year
-€25,960
Depreciation
+€3,959
Receivables within one year
-€1,033
Trade debts
+€658
Other debts
+€21,609
Cash 2025
€427
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,716 | €308,024 | -€3,692 | -1.2% |
| Fixed assets | 21/28 | €116,017 | €112,057 | -€3,959 | -3.4% |
| Tangible fixed assets | 22/27 | €115,786 | €111,827 | -€3,959 | -3.4% |
| Land and buildings | 22 | €109,905 | €106,505 | -€3,400 | -3.1% |
| Plant, machinery and equipment | 23 | €5,881 | €5,322 | -€559 | -9.5% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €195,699 | €195,967 | +€267 | +0.1% |
| Stocks and contracts in progress | 3 | €50,034 | €50,034 | = | 0.0% |
| Stocks | 30/36 | €50,034 | €50,034 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €144,473 | €145,506 | +€1,033 | +0.7% |
| Trade receivables | 40 | €138,373 | €137,755 | -€618 | -0.4% |
| Other amounts receivable | 41 | €6,100 | €7,750 | +€1,650 | +27.1% |
| Cash at bank and in hand | 54/58 | €1,192 | €427 | -€765 | -64.2% |
| Total equity and liabilities | 10/49 | €311,716 | €308,024 | -€3,692 | -1.2% |
| Equity | 10/15 | €231,206 | €205,246 | -€25,960 | -11.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €74,832 | €74,832 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,280 | €60,280 | = | 0.0% |
| Distributable reserves | 133 | €9,553 | €9,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,374 | €80,414 | -€25,960 | -24.4% |
| Amounts payable | 17/49 | €80,510 | €102,778 | +€22,267 | +27.7% |
| Amounts payable after more than one year | 17 | €8,900 | €8,900 | = | 0.0% |
| Trade debts | 175 | €8,900 | €8,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,610 | €93,877 | +€22,267 | +31.1% |
| Trade debts | 44 | €1,573 | €2,231 | +€658 | +41.8% |
| Suppliers | 440/4 | €1,573 | €2,231 | +€658 | +41.8% |
| Other amounts payable | 47/48 | €70,037 | €91,646 | +€21,609 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,771 | €3,959 | +€188 | +5.0% |
| Other operating charges | 640/8 | €5,742 | €6,205 | +€462 | +8.0% |
| Gross operating margin | 9900 | -€14,100 | -€15,708 | -€1,608 | -11.4% |
| Operating profit (loss) | 9901 | -€23,614 | -€25,872 | -€2,258 | -9.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +800% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +800% |
| Financial charges | 65/66B | €155 | €90 | -€65 | -41.9% |
| Recurring financial charges | 65 | €155 | €90 | -€65 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,769 | -€25,960 | -€2,191 | -9.2% |
| Profit (loss) for the period | 9904 | -€23,769 | -€25,960 | -€2,191 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,769 | -€25,960 | -€2,191 | -9.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.