LIDIKEL: 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.
LIDIKEL
Largest movements
- Receivables within one year +€105,575
up €105,575 (+71.7%), from €147,313 to €252,888
of which Trade receivables: +€105,471
- Financial fixed assets +€11,133
up €11,133 (+3,274%), from €340 to €11,473
- Trade debts +€81,116
up €81,116 (+211%), from €38,473 to €119,589
- Debts after one year -€79,131
down €79,131 (-28.4%), from €278,605 to €199,474
- Reserves +€70,514
up €70,514 (+33.3%), from €211,884 to €282,398
of which Distributable reserves: +€70,514
- Revaluation surpluses +€24,398
new in 2025: €24,398
- Tax, wage and social debts +€21,047
up €21,047 (+105%), from €20,109 to €41,156
of which Taxes: +€17,892
- Depreciation -€46,470
down €46,470 (-55.9%), from €83,092 to €36,622
- Gross operating margin +€25,865
up €25,865 (+20.3%), from €127,307 to €153,171
- Taxes +€22,816
up €22,816 (+457%), from €4,989 to €27,805
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 | €639,826 | €754,686 | +€114,860 | +18.0% |
| Fixed assets | 21/28 | €464,679 | €471,477 | +€6,798 | +1.5% |
| Tangible fixed assets | 22/27 | €464,339 | €460,004 | -€4,335 | -0.9% |
| Land and buildings | 22 | €444,564 | €452,754 | +€8,190 | +1.8% |
| Plant, machinery and equipment | 23 | €12,064 | €6,277 | -€5,786 | -48.0% |
| Furniture and vehicles | 24 | €7,711 | €972 | -€6,738 | -87.4% |
| Financial fixed assets | 28 | €340 | €11,473 | +€11,133 | +3,274% |
| Current assets | 29/58 | €175,148 | €283,209 | +€108,061 | +61.7% |
| Amounts receivable within one year | 40/41 | €147,313 | €252,888 | +€105,575 | +71.7% |
| Trade receivables | 40 | €140,552 | €246,023 | +€105,471 | +75.0% |
| Other amounts receivable | 41 | €6,761 | €6,865 | +€104 | +1.5% |
| Current investments | 50/53 | €10,568 | €10,568 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,640 | €9,764 | -€2,876 | -22.8% |
| Deferred charges and accrued income | 490/1 | €4,626 | €9,988 | +€5,362 | +116% |
| Total equity and liabilities | 10/49 | €639,826 | €754,686 | +€114,860 | +18.0% |
| Equity | 10/15 | €273,884 | €368,796 | +€94,912 | +34.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €24,398 | +€24,398 | |
| Reserves | 13 | €211,884 | €282,398 | +€70,514 | +33.3% |
| Non-distributable reserves | 130/1 | €7,927 | €7,927 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €1,727 | €1,727 | = | 0.0% |
| Distributable reserves | 133 | €203,957 | €274,471 | +€70,514 | +34.6% |
| Amounts payable | 17/49 | €365,942 | €385,890 | +€19,948 | +5.5% |
| Amounts payable after more than one year | 17 | €278,605 | €199,474 | -€79,131 | -28.4% |
| Financial debts | 170/4 | €278,605 | €199,474 | -€79,131 | -28.4% |
| Amounts payable within one year | 42/48 | €83,495 | €183,463 | +€99,968 | +120% |
| Current portion of amounts payable after more than one year | 42 | €21,898 | €22,586 | +€688 | +3.1% |
| Trade debts | 44 | €38,473 | €119,589 | +€81,116 | +211% |
| Suppliers | 440/4 | €38,473 | €119,589 | +€81,116 | +211% |
| Taxes, remuneration and social security | 45 | €20,109 | €41,156 | +€21,047 | +105% |
| Taxes | 450/3 | €20,109 | €38,001 | +€17,892 | +89.0% |
| Remuneration and social security | 454/9 | - | €3,155 | +€3,155 | |
| Other amounts payable | 47/48 | €3,015 | €133 | -€2,882 | -95.6% |
| Accrued charges and deferred income | 492/3 | €3,842 | €2,952 | -€890 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,092 | €36,622 | -€46,470 | -55.9% |
| Other operating charges | 640/8 | €8,241 | €8,054 | -€187 | -2.3% |
| Gross operating margin | 9900 | €127,307 | €153,171 | +€25,865 | +20.3% |
| Operating profit (loss) | 9901 | €35,973 | €108,494 | +€72,521 | +202% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,639 | €10,175 | -€463 | -4.4% |
| Recurring financial charges | 65 | €10,639 | €10,175 | -€463 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €25,335 | €98,319 | +€72,984 | +288% |
| Income taxes | 67/77 | €4,989 | €27,805 | +€22,816 | +457% |
| Profit (loss) for the period | 9904 | €20,346 | €70,514 | +€50,168 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €20,346 | €70,514 | +€50,168 | +247% |
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 24 October 2026 via checked.be.