LEDITBE: 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.
LEDITBE
Largest movements
- Cash +€287,066
up €287,066 (+733.9%), from €39,115 to €326,181
mainly Trade debts (+€255,997) and Net result for the year (+€116,132)
- Tangible fixed assets -€54,013
down €54,013 (-22.2%), from €243,694 to €189,681
of which Land and buildings: -€57,336
- Receivables within one year +€41,840
up €41,840 (+1269.4%), from €3,296 to €45,136
of which Other amounts receivable: +€42,989
- Trade debts +€255,997
up €255,997 (+1764.6%), from €14,507 to €270,504
- Profit (loss) carried forward +€113,238
up €113,238 (+5564.1%), from €2,035 to €115,273
- Debts after one year -€100,000
no longer reported in 2025 (was €100,000)
- Other debts -€8,826
no longer reported in 2025 (was €8,826)
- Accrued charges and deferred income +€7,154
new in 2025: €7,154
- Gross operating margin +€95,807
up €95,807 (+400.1%), from €23,949 to €119,756
- Depreciation -€13,100
down €13,100 (-91.7%), from €14,289 to €1,190
- Financial charges -€3,736
down €3,736 (-80.0%), from €4,669 to €933
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 | €287,262 | €560,999 | +€273,736 | +95.3% |
| Fixed assets | 21/28 | €243,694 | €189,681 | -€54,013 | -22.2% |
| Tangible fixed assets | 22/27 | €243,694 | €189,681 | -€54,013 | -22.2% |
| Land and buildings | 22 | €242,505 | €185,170 | -€57,336 | -23.6% |
| Plant, machinery and equipment | 23 | €389 | €3,284 | +€2,895 | +744.6% |
| Furniture and vehicles | 24 | €800 | €1,227 | +€427 | +53.4% |
| Current assets | 29/58 | €43,568 | €371,318 | +€327,749 | +752.3% |
| Amounts receivable within one year | 40/41 | €3,296 | €45,136 | +€41,840 | +1269.4% |
| Trade receivables | 40 | €1,149 | - | -€1,149 | |
| Other amounts receivable | 41 | €2,147 | €45,136 | +€42,989 | +2002.4% |
| Cash at bank and in hand | 54/58 | €39,115 | €326,181 | +€287,066 | +733.9% |
| Deferred charges and accrued income | 490/1 | €1,157 | - | -€1,157 | |
| Total equity and liabilities | 10/49 | €287,262 | €560,999 | +€273,736 | +95.3% |
| Equity | 10/15 | €162,495 | €277,768 | +€115,273 | +70.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,860 | €143,895 | +€2,035 | +1.4% |
| Distributable reserves | 133 | €141,860 | €143,895 | +€2,035 | +1.4% |
| Profit (loss) carried forward | 14 | €2,035 | €115,273 | +€113,238 | +5564.1% |
| Amounts payable | 17/49 | €124,767 | €283,231 | +€158,464 | +127.0% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €24,767 | €276,077 | +€251,310 | +1014.7% |
| Financial debts | 43 | €720 | - | -€720 | |
| Credit institutions | 430/8 | €720 | - | -€720 | |
| Trade debts | 44 | €14,507 | €270,504 | +€255,997 | +1764.6% |
| Suppliers | 440/4 | €14,507 | €270,504 | +€255,997 | +1764.6% |
| Taxes, remuneration and social security | 45 | €714 | €5,573 | +€4,859 | +680.2% |
| Taxes | 450/3 | €714 | €5,573 | +€4,859 | +680.2% |
| Other amounts payable | 47/48 | €8,826 | - | -€8,826 | |
| Accrued charges and deferred income | 492/3 | - | €7,154 | +€7,154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,289 | €1,190 | -€13,100 | -91.7% |
| Other operating charges | 640/8 | €1,009 | €1,177 | +€168 | +16.7% |
| Non-recurring operating charges | 66A | - | €398 | +€398 | |
| Gross operating margin | 9900 | €23,949 | €119,756 | +€95,807 | +400.1% |
| Operating profit (loss) | 9901 | €8,651 | €116,991 | +€108,341 | +1252.4% |
| Financial income | 75/76B | €375 | €73 | -€301 | -80.4% |
| Recurring financial income | 75 | €375 | €73 | -€301 | -80.4% |
| Financial charges | 65/66B | €4,669 | €933 | -€3,736 | -80.0% |
| Recurring financial charges | 65 | €4,669 | €933 | -€3,736 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €4,357 | €116,132 | +€111,775 | +2565.7% |
| Income taxes | 67/77 | €435 | - | -€435 | |
| Profit (loss) for the period | 9904 | €3,922 | €116,132 | +€112,210 | +2861.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,922 | €116,132 | +€112,210 | +2861.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.