LEDIXO: 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.
LEDIXO
Largest movements
- Tangible fixed assets -€120,144
down €120,144 (-72.8%), from €165,124 to €44,980
of which Land and buildings: -€113,187
- Receivables within one year -€49,818
down €49,818 (-43.9%), from €113,463 to €63,645
of which Other amounts receivable: -€49,818
- Cash +€46,488
up €46,488 (+58.7%), from €79,151 to €125,639
mainly Investment in fixed assets (net) (+€106,966) and Receivables within one year (+€49,818)
- Debts after one year -€94,504
down €94,504 (-81.1%), from €116,590 to €22,085
- Other debts -€48,894
down €48,894 (-39.5%), from €123,646 to €74,752
- Reserves +€34,827
up €34,827 (+45.9%), from €75,859 to €110,686
- Tax, wage and social debts -€14,595
down €14,595 (-83.9%), from €17,391 to €2,796
- Current portion of long-term debt -€7,528
down €7,528 (-42.3%), from €17,814 to €10,285
- Gross operating margin +€12,209
up €12,209 (+20.8%), from €58,797 to €71,005
- Taxes +€7,712
up €7,712 (+85.6%), from €9,010 to €16,723
- Depreciation -€5,943
down €5,943 (-31.1%), from €19,121 to €13,178
- Other operating charges -€1,492
down €1,492 (-30.4%), from €4,906 to €3,413
- Financial charges -€826
down €826 (-18.9%), from €4,371 to €3,545
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.
Derived cash bridge
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 | €360,474 | €236,910 | -€123,565 | -34.3% |
| Fixed assets | 21/28 | €165,124 | €44,980 | -€120,144 | -72.8% |
| Tangible fixed assets | 22/27 | €165,124 | €44,980 | -€120,144 | -72.8% |
| Land and buildings | 22 | €113,187 | - | -€113,187 | |
| Furniture and vehicles | 24 | €592 | €6,445 | +€5,852 | +988% |
| Leasing and similar rights | 25 | €51,345 | €38,535 | -€12,810 | -24.9% |
| Current assets | 29/58 | €195,350 | €191,930 | -€3,420 | -1.8% |
| Amounts receivable within one year | 40/41 | €113,463 | €63,645 | -€49,818 | -43.9% |
| Trade receivables | 40 | €8,470 | €8,470 | = | 0.0% |
| Other amounts receivable | 41 | €104,993 | €55,175 | -€49,818 | -47.4% |
| Cash at bank and in hand | 54/58 | €79,151 | €125,639 | +€46,488 | +58.7% |
| Deferred charges and accrued income | 490/1 | €2,736 | €2,646 | -€90 | -3.3% |
| Total equity and liabilities | 10/49 | €360,474 | €236,910 | -€123,565 | -34.3% |
| Equity | 10/15 | €83,914 | €118,741 | +€34,827 | +41.5% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €75,859 | €110,686 | +€34,827 | +45.9% |
| Distributable reserves | 133 | €75,859 | €110,686 | +€34,827 | +45.9% |
| Amounts payable | 17/49 | €276,560 | €118,169 | -€158,391 | -57.3% |
| Amounts payable after more than one year | 17 | €116,590 | €22,085 | -€94,504 | -81.1% |
| Financial debts | 170/4 | €116,590 | €22,085 | -€94,504 | -81.1% |
| Amounts payable within one year | 42/48 | €159,970 | €96,084 | -€63,887 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €17,814 | €10,285 | -€7,528 | -42.3% |
| Trade debts | 44 | €1,120 | €8,250 | +€7,131 | +637% |
| Suppliers | 440/4 | €1,120 | €8,250 | +€7,131 | +637% |
| Taxes, remuneration and social security | 45 | €17,391 | €2,796 | -€14,595 | -83.9% |
| Taxes | 450/3 | €17,391 | €2,796 | -€14,595 | -83.9% |
| Other amounts payable | 47/48 | €123,646 | €74,752 | -€48,894 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,121 | €13,178 | -€5,943 | -31.1% |
| Other operating charges | 640/8 | €4,906 | €3,413 | -€1,492 | -30.4% |
| Gross operating margin | 9900 | €58,797 | €71,005 | +€12,209 | +20.8% |
| Operating profit (loss) | 9901 | €34,770 | €54,414 | +€19,644 | +56.5% |
| Financial income | 75/76B | €138 | €681 | +€543 | +393% |
| Recurring financial income | 75 | €138 | €681 | +€543 | +393% |
| Financial charges | 65/66B | €4,371 | €3,545 | -€826 | -18.9% |
| Recurring financial charges | 65 | €4,371 | €3,545 | -€826 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €30,537 | €51,549 | +€21,012 | +68.8% |
| Income taxes | 67/77 | €9,010 | €16,723 | +€7,712 | +85.6% |
| Profit (loss) for the period | 9904 | €21,527 | €34,827 | +€13,300 | +61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,527 | €34,827 | +€13,300 | +61.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.