Ledop: 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.
Ledop
Largest movements
- Cash -€5,506
down €5,506 (-13.9%), from €39,530 to €34,024
mainly Net result for the year (-€5,506)
- Reserves -€5,506
down €5,506 (-5.6%), from €97,722 to €92,216
of which Distributable reserves: -€5,506
- Gross operating margin -€1,604
down €1,604 (-50.2%), from -€3,198 to -€4,802
- Financial income +€92
new in 2024: €92
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.
Cash bridge derived
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 | €271,247 | €265,741 | -€5,506 | -2.0% |
| Fixed assets | 21/28 | €21,184 | €21,184 | = | 0.0% |
| Tangible fixed assets | 22/27 | €21,184 | €21,184 | = | 0.0% |
| Land and buildings | 22 | €21,184 | €21,184 | = | 0.0% |
| Current assets | 29/58 | €250,064 | €244,557 | -€5,506 | -2.2% |
| Current investments | 50/53 | €210,533 | €210,533 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,530 | €34,024 | -€5,506 | -13.9% |
| Total equity and liabilities | 10/49 | €271,247 | €265,741 | -€5,506 | -2.0% |
| Equity | 10/15 | €271,247 | €265,741 | -€5,506 | -2.0% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Capital | 10 | €173,525 | €173,525 | = | 0.0% |
| Issued capital | 100 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €97,722 | €92,216 | -€5,506 | -5.6% |
| Non-distributable reserves | 130/1 | €17,353 | €17,353 | = | 0.0% |
| Legal reserve | 130 | €17,353 | €17,353 | = | 0.0% |
| Distributable reserves | 133 | €80,369 | €74,863 | -€5,506 | -6.9% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €628 | €642 | +€15 | +2.4% |
| Gross operating margin | 9900 | -€3,198 | -€4,802 | -€1,604 | -50.2% |
| Operating profit (loss) | 9901 | -€3,825 | -€5,444 | -€1,619 | -42.3% |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €145 | €154 | +€9 | +6.2% |
| Recurring financial charges | 65 | €145 | €154 | +€9 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,971 | -€5,506 | -€1,536 | -38.7% |
| Profit (loss) for the period | 9904 | -€3,971 | -€5,506 | -€1,536 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,971 | -€5,506 | -€1,536 | -38.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.