LEDILOS: 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.
LEDILOS
Largest movements
- Tangible fixed assets -€1,483
down €1,483 (-1.9%), from €79,377 to €77,894
of which Land and buildings: -€1,261
- Deferred charges and accrued income +€1,383
up €1,383 (+109.6%), from €1,262 to €2,645
- Cash +€871
up €871 (+21.2%), from €4,108 to €4,979
mainly Depreciation (+€4,833) and Contributions, distributions and other (+€2,006)
- Other debts -€2,831
down €2,831 (-88.3%), from €3,206 to €375
- Profit (loss) carried forward +€2,595
up €2,595 (+16.9%), from -€15,363 to -€12,768
- Trade debts +€1,559
up €1,559 (+279.6%), from €558 to €2,117
- Debts after one year -€1,000
down €1,000 (-1.3%), from €75,275 to €74,275
- Gross operating margin +€879
up €879 (+9.8%), from €8,955 to €9,834
- Taxes +€535
up €535 (+312.7%), from €171 to €706
- Depreciation +€172
up €172 (+3.7%), from €4,661 to €4,833
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,746 | €85,518 | +€771 | +0.9% |
| Fixed assets | 21/28 | €79,377 | €77,894 | -€1,483 | -1.9% |
| Tangible fixed assets | 22/27 | €79,377 | €77,894 | -€1,483 | -1.9% |
| Land and buildings | 22 | €78,933 | €77,672 | -€1,261 | -1.6% |
| Plant, machinery and equipment | 23 | €444 | €222 | -€222 | -50.0% |
| Current assets | 29/58 | €5,370 | €7,624 | +€2,254 | +42.0% |
| Cash at bank and in hand | 54/58 | €4,108 | €4,979 | +€871 | +21.2% |
| Deferred charges and accrued income | 490/1 | €1,262 | €2,645 | +€1,383 | +109.6% |
| Total equity and liabilities | 10/49 | €84,746 | €85,518 | +€771 | +0.9% |
| Equity | 10/15 | €5,537 | €8,132 | +€2,595 | +46.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,363 | -€12,768 | +€2,595 | +16.9% |
| Amounts payable | 17/49 | €79,209 | €77,386 | -€1,823 | -2.3% |
| Amounts payable after more than one year | 17 | €75,275 | €74,275 | -€1,000 | -1.3% |
| Other amounts payable | 178/9 | €75,275 | €74,275 | -€1,000 | -1.3% |
| Amounts payable within one year | 42/48 | €3,935 | €3,111 | -€823 | -20.9% |
| Trade debts | 44 | €558 | €2,117 | +€1,559 | +279.6% |
| Suppliers | 440/4 | €558 | €2,117 | +€1,559 | +279.6% |
| Taxes, remuneration and social security | 45 | €171 | €619 | +€448 | +261.9% |
| Taxes | 450/3 | €171 | €619 | +€448 | +261.9% |
| Other amounts payable | 47/48 | €3,206 | €375 | -€2,831 | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,661 | €4,833 | +€172 | +3.7% |
| Other operating charges | 640/8 | €3,431 | €3,513 | +€82 | +2.4% |
| Gross operating margin | 9900 | €8,955 | €9,834 | +€879 | +9.8% |
| Operating profit (loss) | 9901 | €862 | €1,488 | +€625 | +72.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -6.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -6.3% |
| Financial charges | 65/66B | €179 | €193 | +€14 | +8.0% |
| Recurring financial charges | 65 | €179 | €193 | +€14 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €684 | €1,295 | +€611 | +89.3% |
| Income taxes | 67/77 | €171 | €706 | +€535 | +312.7% |
| Profit (loss) for the period | 9904 | €513 | €589 | +€76 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €513 | €589 | +€76 | +14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.