LDV Tax Consult: 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.
LDV Tax Consult
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables after one year +€22,500
up €22,500 (+26.5%), from €85,000 to €107,500
- Receivables within one year +€5,888
up €5,888 (+19.7%), from €29,965 to €35,853
of which Trade receivables: +€5,933
- Cash +€3,264
up €3,264 (+7.0%), from €46,435 to €49,698
mainly Net result for the year (+€98,846) and Current investments (+€50,000)
- Other debts -€58,947
down €58,947 (-72.2%), from €81,669 to €22,723
- Reserves +€38,846
up €38,846 (+38.8%), from €100,129 to €138,975
- Gross operating margin +€28,321
up €28,321 (+28.6%), from €99,196 to €127,517
- Taxes +€7,004
up €7,004 (+35.1%), from €19,934 to €26,938
- Depreciation -€2,959
down €2,959 (-82.5%), from €3,588 to €629
- Other operating charges +€2,162
up €2,162 (+165%), from €1,310 to €3,471
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 | €215,067 | €196,511 | -€18,556 | -8.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €629 | €0 | -€629 | -100% |
| Tangible fixed assets | 22/27 | €629 | €0 | -€629 | -100% |
| Furniture and vehicles | 24 | €629 | €0 | -€629 | -100% |
| Current assets | 29/58 | €214,438 | €196,511 | -€17,927 | -8.4% |
| Amounts receivable after more than one year | 29 | €85,000 | €107,500 | +€22,500 | +26.5% |
| Other amounts receivable | 291 | €85,000 | €107,500 | +€22,500 | +26.5% |
| Amounts receivable within one year | 40/41 | €29,965 | €35,853 | +€5,888 | +19.7% |
| Trade receivables | 40 | €29,520 | €35,453 | +€5,933 | +20.1% |
| Other amounts receivable | 41 | €445 | €400 | -€45 | -10.1% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €46,435 | €49,698 | +€3,264 | +7.0% |
| Deferred charges and accrued income | 490/1 | €3,039 | €3,460 | +€421 | +13.9% |
| Total equity and liabilities | 10/49 | €215,067 | €196,511 | -€18,556 | -8.6% |
| Equity | 10/15 | €118,679 | €157,525 | +€38,846 | +32.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €100,129 | €138,975 | +€38,846 | +38.8% |
| Distributable reserves | 133 | €100,129 | €138,975 | +€38,846 | +38.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,387 | €38,986 | -€57,402 | -59.6% |
| Amounts payable within one year | 42/48 | €96,387 | €38,986 | -€57,402 | -59.6% |
| Financial debts | 43 | €3 | €16 | +€13 | +443% |
| Credit institutions | 430/8 | €3 | €16 | +€13 | +443% |
| Trade debts | 44 | €387 | €559 | +€172 | +44.3% |
| Suppliers | 440/4 | €387 | €559 | +€172 | +44.3% |
| Taxes, remuneration and social security | 45 | €14,328 | €15,688 | +€1,360 | +9.5% |
| Taxes | 450/3 | €14,328 | €13,365 | -€963 | -6.7% |
| Remuneration and social security | 454/9 | €0 | €2,323 | +€2,323 | |
| Other amounts payable | 47/48 | €81,669 | €22,723 | -€58,947 | -72.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,588 | €629 | -€2,959 | -82.5% |
| Other operating charges | 640/8 | €1,310 | €3,471 | +€2,162 | +165% |
| Gross operating margin | 9900 | €99,196 | €127,517 | +€28,321 | +28.6% |
| Operating profit (loss) | 9901 | €94,298 | €123,417 | +€29,119 | +30.9% |
| Financial income | 75/76B | €2,593 | €2,526 | -€67 | -2.6% |
| Recurring financial income | 75 | €2,593 | €2,526 | -€67 | -2.6% |
| Financial charges | 65/66B | €133 | €158 | +€25 | +18.8% |
| Recurring financial charges | 65 | €133 | €158 | +€25 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €96,758 | €125,784 | +€29,026 | +30.0% |
| Income taxes | 67/77 | €19,934 | €26,938 | +€7,004 | +35.1% |
| Profit (loss) for the period | 9904 | €76,824 | €98,846 | +€22,022 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,824 | €98,846 | +€22,022 | +28.7% |
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 24 October 2026 via checked.be.