LDZ 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.
LDZ CONSULT
Largest movements
- Intangible fixed assets -€35,000
down €35,000 (-22.6%), from €154,583 to €119,583
- Receivables within one year +€9,339
up €9,339 (+1,413%), from €661 to €10,000
- Cash +€1,767
up €1,767 (+41.6%), from €4,253 to €6,019
mainly Depreciation (+€35,000) and Trade debts (+€10,644)
- Profit (loss) carried forward -€19,048
down €19,048, from €18,226 to -€822
- Debts after one year -€18,766
down €18,766 (-16.6%), from €113,231 to €94,464
- Trade debts +€10,644
up €10,644 (+658%), from €1,618 to €12,263
- Tax, wage and social debts +€1,668
up €1,668 (+43.4%), from €3,844 to €5,512
- Depreciation +€13,945
up €13,945 (+66.2%), from €21,055 to €35,000
- Gross operating margin +€2,577
up €2,577 (+11.6%), from €22,286 to €24,862
- Financial charges +€349
up €349 (+4.7%), from €7,481 to €7,830
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 | €159,497 | €135,824 | -€23,672 | -14.8% |
| Fixed assets | 21/28 | €154,583 | €119,583 | -€35,000 | -22.6% |
| Intangible fixed assets | 21 | €154,583 | €119,583 | -€35,000 | -22.6% |
| Current assets | 29/58 | €4,914 | €16,241 | +€11,328 | +231% |
| Amounts receivable within one year | 40/41 | €661 | €10,000 | +€9,339 | +1,413% |
| Trade receivables | 40 | €661 | €10,000 | +€9,339 | +1,413% |
| Cash at bank and in hand | 54/58 | €4,253 | €6,019 | +€1,767 | +41.6% |
| Deferred charges and accrued income | 490/1 | - | €222 | +€222 | |
| Total equity and liabilities | 10/49 | €159,497 | €135,824 | -€23,672 | -14.8% |
| Equity | 10/15 | €19,726 | €678 | -€19,048 | -96.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,226 | -€822 | -€19,048 | |
| Amounts payable | 17/49 | €139,771 | €135,147 | -€4,624 | -3.3% |
| Amounts payable after more than one year | 17 | €113,231 | €94,464 | -€18,766 | -16.6% |
| Financial debts | 170/4 | €113,231 | €94,464 | -€18,766 | -16.6% |
| Amounts payable within one year | 42/48 | €26,540 | €40,682 | +€14,142 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | €18,025 | €18,766 | +€741 | +4.1% |
| Trade debts | 44 | €1,618 | €12,263 | +€10,644 | +658% |
| Suppliers | 440/4 | €1,618 | €12,263 | +€10,644 | +658% |
| Taxes, remuneration and social security | 45 | €3,844 | €5,512 | +€1,668 | +43.4% |
| Taxes | 450/3 | €3,844 | €5,512 | +€1,668 | +43.4% |
| Other amounts payable | 47/48 | €3,053 | €4,141 | +€1,088 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,055 | €35,000 | +€13,945 | +66.2% |
| Other operating charges | 640/8 | €890 | €844 | -€47 | -5.2% |
| Gross operating margin | 9900 | €22,286 | €24,862 | +€2,577 | +11.6% |
| Operating profit (loss) | 9901 | €341 | -€10,981 | -€11,322 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +7,233% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +7,233% |
| Financial charges | 65/66B | €7,481 | €7,830 | +€349 | +4.7% |
| Recurring financial charges | 65 | €7,481 | €7,830 | +€349 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,140 | -€18,809 | -€11,669 | -163% |
| Income taxes | 67/77 | €274 | €239 | -€35 | -12.7% |
| Profit (loss) for the period | 9904 | -€7,414 | -€19,048 | -€11,634 | -157% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,414 | -€19,048 | -€11,634 | -157% |
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 26 October 2026 via checked.be.