LERDIN: 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.
LERDIN
Largest movements
- Current investments -€25,000
no longer reported in 2026 (was €25,000)
- Receivables within one year +€23,220
up €23,220 (+94.3%), from €24,611 to €47,830
of which Trade receivables: +€31,299
- Cash +€2,506
up €2,506 (+4.3%), from €58,228 to €60,734
mainly Net result for the year (+€103,696) and Current investments (+€25,000)
- Reserves +€2,822
up €2,822 (+2.8%), from €100,873 to €103,696
- Tax, wage and social debts -€1,980
down €1,980 (-99.6%), from €1,988 to €8
- Gross operating margin +€63,896
up €63,896 (+92.2%), from €69,265 to €133,161
- Taxes +€14,848
up €14,848 (+102.9%), from €14,434 to €29,282
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,608 | €109,911 | +€1,302 | +1.2% |
| Current assets | 29/58 | €108,608 | €109,911 | +€1,302 | +1.2% |
| Amounts receivable within one year | 40/41 | €24,611 | €47,830 | +€23,220 | +94.3% |
| Trade receivables | 40 | €16,019 | €47,318 | +€31,299 | +195.4% |
| Other amounts receivable | 41 | €8,592 | €513 | -€8,079 | -94.0% |
| Current investments | 50/53 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €58,228 | €60,734 | +€2,506 | +4.3% |
| Deferred charges and accrued income | 490/1 | €770 | €1,346 | +€576 | +74.8% |
| Total equity and liabilities | 10/49 | €108,608 | €109,911 | +€1,302 | +1.2% |
| Equity | 10/15 | €105,873 | €108,696 | +€2,822 | +2.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,873 | €103,696 | +€2,822 | +2.8% |
| Distributable reserves | 133 | €100,873 | €103,696 | +€2,822 | +2.8% |
| Amounts payable | 17/49 | €2,735 | €1,215 | -€1,520 | -55.6% |
| Amounts payable within one year | 42/48 | €2,735 | €759 | -€1,975 | -72.2% |
| Trade debts | 44 | €496 | - | -€496 | |
| Suppliers | 440/4 | €496 | - | -€496 | |
| Taxes, remuneration and social security | 45 | €1,988 | €8 | -€1,980 | -99.6% |
| Taxes | 450/3 | €1,988 | €8 | -€1,980 | -99.6% |
| Other amounts payable | 47/48 | €251 | €752 | +€501 | +199.8% |
| Accrued charges and deferred income | 492/3 | - | €455 | +€455 | |
| Other operating charges | 640/8 | €513 | €625 | +€111 | +21.7% |
| Gross operating margin | 9900 | €69,265 | €133,161 | +€63,896 | +92.2% |
| Operating profit (loss) | 9901 | €68,752 | €132,537 | +€63,785 | +92.8% |
| Financial income | 75/76B | €70 | €1,113 | +€1,043 | +1490.9% |
| Recurring financial income | 75 | €70 | €1,113 | +€1,043 | +1490.9% |
| Financial charges | 65/66B | €44 | €672 | +€628 | +1425.4% |
| Recurring financial charges | 65 | €44 | €672 | +€628 | +1425.4% |
| Profit (loss) for the period before taxes | 9903 | €68,778 | €132,977 | +€64,200 | +93.3% |
| Income taxes | 67/77 | €14,434 | €29,282 | +€14,848 | +102.9% |
| Profit (loss) for the period | 9904 | €54,344 | €103,696 | +€49,352 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,344 | €103,696 | +€49,352 | +90.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.