LEDLUX: 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.
LEDLUX
Largest movements
- Receivables within one year -€9,971
down €9,971 (-29.7%), from €33,612 to €23,640
of which Trade receivables: -€9,971
- Stocks and contracts -€5,140
down €5,140 (-19.9%), from €25,821 to €20,681
- Deferred charges and accrued income +€2,355
up €2,355 (+271%), from €869 to €3,224
- Cash +€2,351
up €2,351 (+21.2%), from €11,110 to €13,461
mainly Receivables within one year (+€9,971) and Stocks and contracts (+€5,140)
- Tangible fixed assets -€1,166
down €1,166 (-56.9%), from €2,048 to €883
- Trade debts -€6,552
down €6,552 (-31.4%), from €20,837 to €14,285
- Profit (loss) carried forward -€5,724
down €5,724 (-9.3%), from -€61,391 to -€67,116
- Tax, wage and social debts +€862
up €862 (+24.8%), from €3,467 to €4,329
- Gross operating margin +€7,073
up €7,073 (+72.7%), from -€9,724 to -€2,650
- Financial charges +€312
up €312 (+40.5%), from €771 to €1,084
- Financial income +€163
new in 2025: €163
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 | €73,460 | €61,889 | -€11,571 | -15.8% |
| Fixed assets | 21/28 | €2,048 | €883 | -€1,166 | -56.9% |
| Tangible fixed assets | 22/27 | €2,048 | €883 | -€1,166 | -56.9% |
| Furniture and vehicles | 24 | €2,048 | €883 | -€1,166 | -56.9% |
| Current assets | 29/58 | €71,412 | €61,006 | -€10,405 | -14.6% |
| Stocks and contracts in progress | 3 | €25,821 | €20,681 | -€5,140 | -19.9% |
| Stocks | 30/36 | €25,821 | €20,681 | -€5,140 | -19.9% |
| Amounts receivable within one year | 40/41 | €33,612 | €23,640 | -€9,971 | -29.7% |
| Trade receivables | 40 | €33,612 | €23,640 | -€9,971 | -29.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,110 | €13,461 | +€2,351 | +21.2% |
| Deferred charges and accrued income | 490/1 | €869 | €3,224 | +€2,355 | +271% |
| Total equity and liabilities | 10/49 | €73,460 | €61,889 | -€11,571 | -15.8% |
| Equity | 10/15 | -€17,050 | -€22,774 | -€5,724 | -33.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,142 | €38,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,142 | €38,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,391 | -€67,116 | -€5,724 | -9.3% |
| Amounts payable | 17/49 | €90,510 | €84,664 | -€5,847 | -6.5% |
| Amounts payable within one year | 42/48 | €90,510 | €84,664 | -€5,847 | -6.5% |
| Trade debts | 44 | €20,837 | €14,285 | -€6,552 | -31.4% |
| Suppliers | 440/4 | €20,837 | €14,285 | -€6,552 | -31.4% |
| Taxes, remuneration and social security | 45 | €3,467 | €4,329 | +€862 | +24.8% |
| Taxes | 450/3 | €3,467 | €4,329 | +€862 | +24.8% |
| Other amounts payable | 47/48 | €66,206 | €66,050 | -€156 | -0.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,166 | €1,166 | = | 0.0% |
| Other operating charges | 640/8 | €963 | €987 | +€24 | +2.5% |
| Gross operating margin | 9900 | -€9,724 | -€2,650 | +€7,073 | +72.7% |
| Operating profit (loss) | 9901 | -€11,852 | -€4,803 | +€7,049 | +59.5% |
| Financial income | 75/76B | - | €163 | +€163 | |
| Recurring financial income | 75 | - | €163 | +€163 | |
| Financial charges | 65/66B | €771 | €1,084 | +€312 | +40.5% |
| Recurring financial charges | 65 | €771 | €1,084 | +€312 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,623 | -€5,724 | +€6,899 | +54.7% |
| Profit (loss) for the period | 9904 | -€12,623 | -€5,724 | +€6,899 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,623 | -€5,724 | +€6,899 | +54.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.