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Ledek: 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

Ledek

BE 0446.639.072
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€7,720
2023 · €3,061+€4,658
Equity
€16,732
2023 · €9,013+€7,720
Cash
€34,992
2023 · €24,459+€10,534
Balance sheet total
€38,106
2023 · €28,991+€9,115

Largest movements

2023 to 2024
Assets
  • Cash +€10,534

    up €10,534 (+43.1%), from €24,459 to €34,992

    mainly Net result for the year (+€7,720) and Receivables within one year (+€1,975)

  • Receivables within one year -€1,975

    down €1,975 (-82.8%), from €2,387 to €411

    of which Trade receivables: -€1,922

  • Tangible fixed assets +€905

    up €905 (+145.4%), from €623 to €1,528

Equity and liabilities
  • Profit (loss) carried forward +€7,720

    up €7,720 (+67.5%), from -€11,439 to -€3,719

  • Trade debts +€1,442

    up €1,442 (+92.2%), from €1,564 to €3,006

  • Tax, wage and social debts -€423

    down €423 (-56.9%), from €744 to €321

Income statement
  • Gross operating margin +€4,996

    up €4,996 (+111.4%), from €4,484 to €9,480

  • Other operating charges +€407

    up €407 (+44.3%), from €918 to €1,326

  • Financial income +€138

    up €138 (+131.5%), from €105 to €244

From the 2023 result to the 2024 result

effect on the 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 2023 €3,061
Gross operating margin +€4,996
Depreciation -€13
Other operating charges -€407
Financial income +€138
Financial charges +€15
Taxes -€71
Result 2024 €7,720

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€11,699
Investment -€1,165
Financing €0
Cash 2023 €24,459
Net result for the year +€7,720
Depreciation +€260
Receivables within one year +€1,975
Deferred charges and accrued income +€349
Trade debts +€1,442
Tax, wage and social debts -€423
Other debts +€376
Investment in fixed assets (net) -€1,165
Cash 2024 €34,992
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €28,991 €38,106 +€9,115 +31.4%
Fixed assets 21/28 €943 €1,848 +€905 +96.0%
Tangible fixed assets 22/27 €623 €1,528 +€905 +145.4%
Furniture and vehicles 24 €623 €1,528 +€905 +145.4%
Financial fixed assets 28 €320 €320 = 0.0%
Current assets 29/58 €28,048 €36,258 +€8,210 +29.3%
Amounts receivable within one year 40/41 €2,387 €411 -€1,975 -82.8%
Trade receivables 40 €2,333 €411 -€1,922 -82.4%
Other amounts receivable 41 €54 - -€54
Cash at bank and in hand 54/58 €24,459 €34,992 +€10,534 +43.1%
Deferred charges and accrued income 490/1 €1,203 €854 -€349 -29.0%
Total equity and liabilities 10/49 €28,991 €38,106 +€9,115 +31.4%
Equity 10/15 €9,013 €16,732 +€7,720 +85.7%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €1,859 €1,859 = 0.0%
Non-distributable reserves 130/1 €1,859 - -€1,859
Reserves not available under the articles 1311 €1,859 - -€1,859
Distributable reserves 133 - €1,859 +€1,859
Profit (loss) carried forward 14 -€11,439 -€3,719 +€7,720 +67.5%
Amounts payable 17/49 €19,978 €21,373 +€1,395 +7.0%
Amounts payable within one year 42/48 €19,978 €21,373 +€1,395 +7.0%
Trade debts 44 €1,564 €3,006 +€1,442 +92.2%
Suppliers 440/4 €1,564 €3,006 +€1,442 +92.2%
Taxes, remuneration and social security 45 €744 €321 -€423 -56.9%
Taxes 450/3 €744 €321 -€423 -56.9%
Other amounts payable 47/48 €17,670 €18,047 +€376 +2.1%
Non-recurring operating income 76A - €8,398 +€8,398
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €247 €260 +€13 +5.4%
Other operating charges 640/8 €918 €1,326 +€407 +44.3%
Gross operating margin 9900 €4,484 €9,480 +€4,996 +111.4%
Operating profit (loss) 9901 €3,318 €7,894 +€4,575 +137.9%
Financial income 75/76B €105 €244 +€138 +131.5%
Recurring financial income 75 €105 €244 +€138 +131.5%
Financial charges 65/66B €199 €184 -€15 -7.7%
Recurring financial charges 65 €199 €184 -€15 -7.7%
Profit (loss) for the period before taxes 9903 €3,224 €7,954 +€4,729 +146.7%
Income taxes 67/77 €163 €234 +€71 +43.3%
Profit (loss) for the period 9904 €3,061 €7,720 +€4,658 +152.2%
Profit (loss) for the period to be appropriated 9905 €3,061 €7,720 +€4,658 +152.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.