Led Point: 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.
What changed
Led Point
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€218,465
2024 · €307,796-€89,332
Equity
-€48,318
2024 · -€266,783+€218,465
Cash
€41,410
2024 · €41,410
Balance sheet total
€610,304
2024 · €761,185-€150,881
Largest movements
Assets
- Stocks and contracts -€207,720
down €207,720 (-100.0%), from €207,720 to €0
- Deferred charges and accrued income +€62,739
up €62,739 (+2155.6%), from €2,911 to €65,649
Equity and liabilities
- Other debts -€370,975
down €370,975 (-60.3%), from €615,121 to €244,146
- Profit (loss) carried forward +€218,465
up €218,465 (+76.1%), from -€287,243 to -€68,778
Income statement
- Turnover -€1.3m
no longer reported in 2025 (was €1.3m)
- Goods and materials -€389,155
no longer reported in 2025 (was €389,155)
of which Purchases: -€399,874
- Gross operating margin +€318,107
new in 2025: €318,107
- Staff costs -€313,996
down €313,996 (-97.9%), from €320,597 to €6,601
- Services and other goods -€269,686
no longer reported in 2025 (was €269,686)
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.
Result 2024
€307,796
Turnover
-€1.3m
Other operating income
-€31,497
Goods and materials
+€389,155
Services and other goods
+€269,686
Staff costs
+€313,996
Depreciation
+€1,401
Write-downs
-€4,291
Other operating charges
-€48,604
Other operating items
+€318,107
Financial income
-€4,516
Financial charges
+€15,746
Taxes
-€1,018
Result 2025
€218,465
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.
From operations
-€5,900
Investment
+€5,900
Financing
€0
Cash 2024
€41,410
From operations (derived)
-€5,900
Net result for the year
+€218,465
Stocks and contracts
+€207,720
Deferred charges and accrued income
-€62,739
Tax, wage and social debts
+€1,629
Other debts
-€370,975
Investment (derived)
+€5,900
Investment in fixed assets (net)
+€5,900
Cash 2025
€41,410
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,185 | €610,304 | -€150,881 | -19.8% |
| Fixed assets | 21/28 | €5,900 | €0 | -€5,900 | -100.0% |
| Tangible fixed assets | 22/27 | €5,900 | €0 | -€5,900 | -100.0% |
| Furniture and vehicles | 24 | €3,862 | €0 | -€3,862 | -100.0% |
| Other tangible fixed assets | 26 | €2,038 | €0 | -€2,038 | -100.0% |
| Current assets | 29/58 | €755,285 | €610,304 | -€144,981 | -19.2% |
| Stocks and contracts in progress | 3 | €207,720 | €0 | -€207,720 | -100.0% |
| Stocks | 30/36 | €207,720 | €0 | -€207,720 | -100.0% |
| Goods purchased for resale | 34 | €207,720 | - | -€207,720 | |
| Amounts receivable within one year | 40/41 | €503,225 | €503,225 | = | 0.0% |
| Trade receivables | 40 | €322,953 | €322,953 | = | 0.0% |
| Other amounts receivable | 41 | €180,272 | €180,272 | = | 0.0% |
| Current investments | 50/53 | €19 | €19 | = | 0.0% |
| Other investments | 51/53 | €19 | - | -€19 | |
| Cash at bank and in hand | 54/58 | €41,410 | €41,410 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,911 | €65,649 | +€62,739 | +2155.6% |
| Total equity and liabilities | 10/49 | €761,185 | €610,304 | -€150,881 | -19.8% |
| Equity | 10/15 | -€266,783 | -€48,318 | +€218,465 | +81.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€287,243 | -€68,778 | +€218,465 | +76.1% |
| Amounts payable | 17/49 | €1,027,968 | €658,622 | -€369,346 | -35.9% |
| Amounts payable within one year | 42/48 | €1,027,850 | €658,504 | -€369,346 | -35.9% |
| Trade debts | 44 | €378,372 | €378,372 | = | 0.0% |
| Suppliers | 440/4 | €378,372 | €378,372 | = | 0.0% |
| Advances received on contracts in progress | 46 | €2,216 | €2,216 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €32,140 | €33,770 | +€1,629 | +5.1% |
| Taxes | 450/3 | €807 | €2,437 | +€1,629 | +201.8% |
| Remuneration and social security | 454/9 | €31,333 | €31,333 | = | 0.0% |
| Other amounts payable | 47/48 | €615,121 | €244,146 | -€370,975 | -60.3% |
| Accrued charges and deferred income | 492/3 | €118 | €118 | = | 0.0% |
| Operating income | 70/76A | €1,338,994 | - | -€1.3m | |
| Turnover | 70 | €1,307,497 | - | -€1.3m | |
| Other operating income | 74 | €31,497 | - | -€31,497 | |
| Operating charges | 60/66A | €1,017,465 | - | -€1.0m | |
| Goods for resale, raw materials and consumables | 60 | €389,155 | - | -€389,155 | |
| Purchases | 600/8 | €399,874 | - | -€399,874 | |
| Change in stocks: decrease (increase) | 609 | -€10,718 | - | +€10,718 | |
| Services and other goods | 61 | €269,686 | - | -€269,686 | |
| Remuneration, social security and pensions | 62 | €320,597 | €6,601 | -€313,996 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,401 | - | -€1,401 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,291 | - | +€4,291 | |
| Other operating charges | 640/8 | €40,917 | €89,521 | +€48,604 | +118.8% |
| Gross operating margin | 9900 | - | €318,107 | +€318,107 | |
| Operating profit (loss) | 9901 | €321,528 | €221,986 | -€99,543 | -31.0% |
| Financial income | 75/76B | €6,301 | €1,785 | -€4,516 | -71.7% |
| Recurring financial income | 75 | €6,301 | €1,785 | -€4,516 | -71.7% |
| Income from financial fixed assets | 750 | €85 | - | -€85 | |
| Income from current assets | 751 | €5,104 | - | -€5,104 | |
| Other financial income | 752/9 | €1,112 | - | -€1,112 | |
| Financial charges | 65/66B | €19,422 | €3,677 | -€15,746 | -81.1% |
| Recurring financial charges | 65 | €19,422 | €3,677 | -€15,746 | -81.1% |
| Debt charges | 650 | €12,510 | - | -€12,510 | |
| Other financial charges | 652/9 | €6,912 | - | -€6,912 | |
| Profit (loss) for the period before taxes | 9903 | €308,407 | €220,094 | -€88,313 | -28.6% |
| Income taxes | 67/77 | €611 | €1,629 | +€1,018 | +166.7% |
| Taxes | 670/3 | €611 | - | -€611 | |
| Profit (loss) for the period | 9904 | €307,796 | €218,465 | -€89,332 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €307,796 | €218,465 | -€89,332 | -29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.