LEDIDZ: 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.
LEDIDZ
Largest movements
- Receivables within one year -€23,265
down €23,265 (-55.8%), from €41,687 to €18,422
of which Trade receivables: -€18,005
- Stocks and contracts -€11,581
down €11,581 (-27.8%), from €41,600 to €30,019
- Cash -€10,214
down €10,214 (-64.0%), from €15,952 to €5,738
mainly Net result for the year (-€37,744) and Accrued charges and deferred income (-€9,785)
- Deferred charges and accrued income +€1,340
up €1,340 (+590%), from €227 to €1,567
- Profit (loss) carried forward -€37,744
down €37,744 (-304%), from -€12,400 to -€50,144
- Accrued charges and deferred income -€9,785
no longer reported in 2024 (was €9,785)
- Tax, wage and social debts +€7,102
up €7,102 (+60.3%), from €11,787 to €18,889
of which Taxes: +€6,149
- Other debts -€6,587
down €6,587 (-43.9%), from €15,000 to €8,413
- Trade debts +€3,453
up €3,453 (+6.9%), from €50,038 to €53,491
- Staff costs +€11,638
up €11,638 (+158%), from €7,389 to €19,027
- Gross operating margin +€8,837
up €8,837 (+37.6%), from -€23,505 to -€14,668
- Other operating charges +€1,383
up €1,383 (+99.4%), from €1,392 to €2,775
- Taxes -€1,302
down €1,302 (-90.3%), from €1,442 to €140
- Financial charges -€340
down €340 (-30.2%), from €1,127 to €787
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 | €100,070 | €56,509 | -€43,561 | -43.5% |
| Fixed assets | 21/28 | €604 | €763 | +€159 | +26.3% |
| Tangible fixed assets | 22/27 | €342 | €501 | +€159 | +46.5% |
| Plant, machinery and equipment | 23 | €342 | - | -€342 | |
| Furniture and vehicles | 24 | - | €501 | +€501 | |
| Financial fixed assets | 28 | €262 | €262 | = | 0.0% |
| Current assets | 29/58 | €99,466 | €55,746 | -€43,720 | -44.0% |
| Stocks and contracts in progress | 3 | €41,600 | €30,019 | -€11,581 | -27.8% |
| Stocks | 30/36 | €41,600 | €30,019 | -€11,581 | -27.8% |
| Amounts receivable within one year | 40/41 | €41,687 | €18,422 | -€23,265 | -55.8% |
| Trade receivables | 40 | €30,615 | €12,610 | -€18,005 | -58.8% |
| Other amounts receivable | 41 | €11,072 | €5,812 | -€5,260 | -47.5% |
| Cash at bank and in hand | 54/58 | €15,952 | €5,738 | -€10,214 | -64.0% |
| Deferred charges and accrued income | 490/1 | €227 | €1,567 | +€1,340 | +590% |
| Total equity and liabilities | 10/49 | €100,070 | €56,509 | -€43,561 | -43.5% |
| Equity | 10/15 | €11,460 | -€26,284 | -€37,744 | |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €6,860 | €6,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,400 | -€50,144 | -€37,744 | -304% |
| Amounts payable | 17/49 | €88,610 | €82,793 | -€5,817 | -6.6% |
| Amounts payable within one year | 42/48 | €78,825 | €82,793 | +€3,968 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €50,038 | €53,491 | +€3,453 | +6.9% |
| Suppliers | 440/4 | €50,038 | €53,491 | +€3,453 | +6.9% |
| Taxes, remuneration and social security | 45 | €11,787 | €18,889 | +€7,102 | +60.3% |
| Taxes | 450/3 | €10,710 | €16,859 | +€6,149 | +57.4% |
| Remuneration and social security | 454/9 | €1,077 | €2,030 | +€953 | +88.5% |
| Other amounts payable | 47/48 | €15,000 | €8,413 | -€6,587 | -43.9% |
| Accrued charges and deferred income | 492/3 | €9,785 | - | -€9,785 | |
| Remuneration, social security and pensions | 62 | €7,389 | €19,027 | +€11,638 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €378 | +€173 | +84.4% |
| Other operating charges | 640/8 | €1,392 | €2,775 | +€1,383 | +99.4% |
| Gross operating margin | 9900 | -€23,505 | -€14,668 | +€8,837 | +37.6% |
| Operating profit (loss) | 9901 | -€32,491 | -€36,848 | -€4,357 | -13.4% |
| Financial income | 75/76B | €44 | €31 | -€13 | -29.5% |
| Recurring financial income | 75 | €44 | €31 | -€13 | -29.5% |
| Financial charges | 65/66B | €1,127 | €787 | -€340 | -30.2% |
| Recurring financial charges | 65 | €1,127 | €787 | -€340 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,574 | -€37,604 | -€4,030 | -12.0% |
| Income taxes | 67/77 | €1,442 | €140 | -€1,302 | -90.3% |
| Profit (loss) for the period | 9904 | -€35,016 | -€37,744 | -€2,728 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,016 | -€37,744 | -€2,728 | -7.8% |
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 17 October 2026 via checked.be.