LLYDA: 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.
LLYDA
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+290.3%), from €384,114 to €1.5m
of which Trade receivables: +€1.1m
- Stocks and contracts +€725,091
up €725,091 (+28.5%), from €2.5m to €3.3m
- Accrued charges and deferred income +€2.9m
up €2.9m (+1619.6%), from €181,615 to €3.1m
- Reserves +€1.0m
up €1.0m (+16242.3%), from €6,200 to €1.0m
of which Tax-exempt reserves: +€1.0m
- Profit (loss) carried forward -€908,523
down €908,523 (-88.1%), from -€1.0m to -€1.9m
- Debts after one year -€608,587
no longer reported in 2025 (was €608,587)
- Trade debts -€504,372
down €504,372 (-38.7%), from €1.3m to €800,277
- Financial income +€1.0m
up €1.0m (+56131.1%), from €1,791 to €1.0m
of which Non-recurring financial income: +€1.0m
- Staff costs -€159,743
down €159,743 (-59.0%), from €270,635 to €110,891
- Other operating charges -€53,987
down €53,987 (-73.0%), from €73,944 to €19,957
- Financial charges -€36,757
down €36,757 (-26.3%), from €139,603 to €102,846
of which Financial charges: -€41,798
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.
Cash bridge derived
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 | €3,175,130 | €5,028,885 | +€1.9m | +58.4% |
| Fixed assets | 21/28 | €23,069 | €11,291 | -€11,778 | -51.1% |
| Tangible fixed assets | 22/27 | €19,119 | €9,641 | -€9,478 | -49.6% |
| Land and buildings | 22 | €1,524 | €1,387 | -€138 | -9.0% |
| Plant, machinery and equipment | 23 | €6,442 | €3,250 | -€3,191 | -49.5% |
| Furniture and vehicles | 24 | €6,572 | €2,714 | -€3,858 | -58.7% |
| Other tangible fixed assets | 26 | €4,581 | €2,291 | -€2,291 | -50.0% |
| Financial fixed assets | 28 | €3,950 | €1,650 | -€2,300 | -58.2% |
| Current assets | 29/58 | €3,152,062 | €5,017,593 | +€1.9m | +59.2% |
| Stocks and contracts in progress | 3 | €2,548,630 | €3,273,721 | +€725,091 | +28.5% |
| Stocks | 30/36 | €2,548,630 | €3,273,721 | +€725,091 | +28.5% |
| Amounts receivable within one year | 40/41 | €384,114 | €1,499,193 | +€1.1m | +290.3% |
| Trade receivables | 40 | €384,005 | €1,491,300 | +€1.1m | +288.4% |
| Other amounts receivable | 41 | €109 | €7,893 | +€7,784 | +7167.3% |
| Cash at bank and in hand | 54/58 | €208,889 | €244,679 | +€35,791 | +17.1% |
| Deferred charges and accrued income | 490/1 | €10,429 | - | -€10,429 | |
| Total equity and liabilities | 10/49 | €3,175,130 | €5,028,885 | +€1.9m | +58.4% |
| Equity | 10/15 | -€963,164 | -€864,666 | +€98,498 | +10.2% |
| 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% |
| Reserves | 13 | €6,200 | €1,013,220 | +€1.0m | +16242.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €1,007,020 | +€1.0m | |
| Profit (loss) carried forward | 14 | -€1,031,364 | -€1,939,887 | -€908,523 | -88.1% |
| Amounts payable | 17/49 | €4,138,295 | €5,893,551 | +€1.8m | +42.4% |
| Amounts payable after more than one year | 17 | €608,587 | - | -€608,587 | |
| Financial debts | 170/4 | €608,587 | - | -€608,587 | |
| Amounts payable within one year | 42/48 | €3,348,093 | €2,770,562 | -€577,531 | -17.2% |
| Financial debts | 43 | €709,957 | €943,542 | +€233,584 | +32.9% |
| Credit institutions | 430/8 | €709,957 | €943,542 | +€233,584 | +32.9% |
| Trade debts | 44 | €1,304,649 | €800,277 | -€504,372 | -38.7% |
| Suppliers | 440/4 | €1,304,649 | €800,277 | -€504,372 | -38.7% |
| Advances received on contracts in progress | 46 | €25,000 | - | -€25,000 | |
| Taxes, remuneration and social security | 45 | €228,458 | €276,647 | +€48,189 | +21.1% |
| Taxes | 450/3 | €181,211 | €231,486 | +€50,275 | +27.7% |
| Remuneration and social security | 454/9 | €47,248 | €45,162 | -€2,086 | -4.4% |
| Other amounts payable | 47/48 | €1,080,028 | €750,096 | -€329,932 | -30.5% |
| Accrued charges and deferred income | 492/3 | €181,615 | €3,122,989 | +€2.9m | +1619.6% |
| Non-recurring operating income | 76A | €163,000 | - | -€163,000 | |
| Remuneration, social security and pensions | 62 | €270,635 | €110,891 | -€159,743 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,043 | €9,478 | -€565 | -5.6% |
| Other operating charges | 640/8 | €73,944 | €19,957 | -€53,987 | -73.0% |
| Non-recurring operating charges | 66A | €360 | - | -€360 | |
| Gross operating margin | 9900 | -€664,188 | -€664,983 | -€795 | -0.1% |
| Operating profit (loss) | 9901 | -€1,019,169 | -€805,308 | +€213,860 | +21.0% |
| Financial income | 75/76B | €1,791 | €1,007,088 | +€1.0m | +56131.1% |
| Recurring financial income | 75 | €1,791 | €68 | -€1,723 | -96.2% |
| Non-recurring financial income | 76B | - | €1,007,020 | +€1.0m | |
| Financial charges | 65/66B | €139,603 | €102,846 | -€36,757 | -26.3% |
| Recurring financial charges | 65 | €139,603 | €97,806 | -€41,798 | -29.9% |
| Non-recurring financial charges | 66B | - | €5,040 | +€5,040 | |
| Profit (loss) for the period before taxes | 9903 | -€1,156,981 | €98,934 | +€1.3m | |
| Income taxes | 67/77 | €299 | €436 | +€137 | +45.9% |
| Profit (loss) for the period | 9904 | -€1,157,280 | €98,498 | +€1.3m | |
| Transfer to tax-exempt reserves | 689 | - | €1,007,020 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,157,280 | -€908,523 | +€248,757 | +21.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.