LEDESMA: 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.
LEDESMA
Largest movements
- Receivables within one year +€33,182
up €33,182 (+93.4%), from €35,526 to €68,708
of which Trade receivables: +€23,649
- Tangible fixed assets +€7,687
up €7,687 (+74.4%), from €10,334 to €18,022
of which Furniture and vehicles: +€5,855
- Cash -€6,521
no longer reported in 2024 (was €6,521)
mainly Receivables within one year (-€33,182) and Investment in fixed assets (net) (-€11,572)
- Advances received +€20,184
new in 2024: €20,184
- Profit (loss) carried forward +€12,983
up €12,983 (+30.1%), from €43,103 to €56,085
- Tax, wage and social debts +€4,000
up €4,000 (+133%), from €3,000 to €7,000
- Trade debts -€2,761
down €2,761 (-57.2%), from €4,829 to €2,068
- Turnover +€160,138
new in 2024: €160,138
- Purchases and services +€140,629
new in 2024: €140,629
- Gross operating margin +€3,219
up €3,219 (+19.8%), from €16,290 to €19,509
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,431 | €86,837 | +€34,406 | +65.6% |
| Fixed assets | 21/28 | €10,334 | €18,022 | +€7,687 | +74.4% |
| Tangible fixed assets | 22/27 | €10,334 | €18,022 | +€7,687 | +74.4% |
| Plant, machinery and equipment | 23 | €2,334 | €4,166 | +€1,832 | +78.5% |
| Furniture and vehicles | 24 | €8,000 | €13,855 | +€5,855 | +73.2% |
| Current assets | 29/58 | €42,097 | €68,815 | +€26,719 | +63.5% |
| Amounts receivable within one year | 40/41 | €35,526 | €68,708 | +€33,182 | +93.4% |
| Trade receivables | 40 | €10,424 | €34,073 | +€23,649 | +227% |
| Other amounts receivable | 41 | €25,102 | €34,635 | +€9,533 | +38.0% |
| Current investments | 50/53 | - | €19 | +€19 | |
| Cash at bank and in hand | 54/58 | €6,521 | - | -€6,521 | |
| Deferred charges and accrued income | 490/1 | €49 | €88 | +€39 | +80.4% |
| Total equity and liabilities | 10/49 | €52,431 | €86,837 | +€34,406 | +65.6% |
| Equity | 10/15 | €44,603 | €57,585 | +€12,983 | +29.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,103 | €56,085 | +€12,983 | +30.1% |
| Amounts payable | 17/49 | €7,829 | €29,252 | +€21,423 | +274% |
| Amounts payable within one year | 42/48 | €7,829 | €29,252 | +€21,423 | +274% |
| Trade debts | 44 | €4,829 | €2,068 | -€2,761 | -57.2% |
| Suppliers | 440/4 | €4,829 | €2,068 | -€2,761 | -57.2% |
| Advances received on contracts in progress | 46 | - | €20,184 | +€20,184 | |
| Taxes, remuneration and social security | 45 | €3,000 | €7,000 | +€4,000 | +133% |
| Taxes | 450/3 | €3,000 | €7,000 | +€4,000 | +133% |
| Turnover | 70 | - | €160,138 | +€160,138 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €140,629 | +€140,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,655 | €3,885 | +€1,230 | +46.3% |
| Other operating charges | 640/8 | €598 | €170 | -€428 | -71.6% |
| Gross operating margin | 9900 | €16,290 | €19,509 | +€3,219 | +19.8% |
| Operating profit (loss) | 9901 | €13,038 | €15,454 | +€2,416 | +18.5% |
| Financial income | 75/76B | €908 | €1,708 | +€800 | +88.2% |
| Recurring financial income | 75 | €908 | €1,708 | +€800 | +88.2% |
| Financial charges | 65/66B | €58 | €179 | +€121 | +210% |
| Recurring financial charges | 65 | €58 | €179 | +€121 | +210% |
| Profit (loss) for the period before taxes | 9903 | €13,888 | €16,983 | +€3,095 | +22.3% |
| Income taxes | 67/77 | €3,044 | €4,000 | +€956 | +31.4% |
| Profit (loss) for the period | 9904 | €10,843 | €12,983 | +€2,139 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,843 | €12,983 | +€2,139 | +19.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.