LMDIS: 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.
LMDIS
Largest movements
- Cash -€25,957
down €25,957 (-25.3%), from €102,415 to €76,458
mainly Net result for the year (-€42,300) and Debts after one year (-€15,738)
- Tangible fixed assets -€19,149
down €19,149 (-22.2%), from €86,417 to €67,268
of which Plant, machinery and equipment: -€12,244
- Stocks and contracts +€8,319
up €8,319 (+6.4%), from €129,050 to €137,369
- Deferred charges and accrued income +€6,732
up €6,732 (+79.3%), from €8,492 to €15,224
- Profit (loss) carried forward -€42,300
new in 2024: -€42,300
- Accrued charges and deferred income +€38,765
up €38,765 (+1507.2%), from €2,572 to €41,337
- Debts after one year -€15,738
down €15,738 (-30.3%), from €51,929 to €36,191
- Tax, wage and social debts -€8,132
down €8,132 (-15.9%), from €51,051 to €42,919
of which Remuneration and social security: -€8,013
- Gross operating margin -€6,903
down €6,903 (-3.0%), from €227,747 to €220,844
- Depreciation -€5,830
down €5,830 (-22.7%), from €25,627 to €19,797
- Staff costs -€3,404
down €3,404 (-1.5%), from €223,472 to €220,068
- Other operating charges +€2,716
up €2,716 (+198.1%), from €1,371 to €4,087
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 | €448,377 | €419,616 | -€28,761 | -6.4% |
| Formation expenses | 20 | €3,959 | €3,311 | -€648 | -16.4% |
| Fixed assets | 21/28 | €107,979 | €87,205 | -€20,774 | -19.2% |
| Tangible fixed assets | 22/27 | €86,417 | €67,268 | -€19,149 | -22.2% |
| Plant, machinery and equipment | 23 | €71,687 | €59,443 | -€12,244 | -17.1% |
| Furniture and vehicles | 24 | €14,730 | €7,825 | -€6,905 | -46.9% |
| Financial fixed assets | 28 | €21,562 | €19,937 | -€1,625 | -7.5% |
| Current assets | 29/58 | €336,439 | €329,100 | -€7,339 | -2.2% |
| Stocks and contracts in progress | 3 | €129,050 | €137,369 | +€8,319 | +6.4% |
| Stocks | 30/36 | €129,050 | €137,369 | +€8,319 | +6.4% |
| Amounts receivable within one year | 40/41 | €96,482 | €100,049 | +€3,567 | +3.7% |
| Trade receivables | 40 | €62,700 | €60,414 | -€2,286 | -3.6% |
| Other amounts receivable | 41 | €33,782 | €39,635 | +€5,853 | +17.3% |
| Cash at bank and in hand | 54/58 | €102,415 | €76,458 | -€25,957 | -25.3% |
| Deferred charges and accrued income | 490/1 | €8,492 | €15,224 | +€6,732 | +79.3% |
| Total equity and liabilities | 10/49 | €448,377 | €419,616 | -€28,761 | -6.4% |
| Equity | 10/15 | €39,403 | -€2,897 | -€42,300 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €19,403 | €19,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | €17,403 | €17,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€42,300 | -€42,300 | |
| Amounts payable | 17/49 | €408,974 | €422,513 | +€13,539 | +3.3% |
| Amounts payable after more than one year | 17 | €51,929 | €36,191 | -€15,738 | -30.3% |
| Financial debts | 170/4 | €51,929 | €36,191 | -€15,738 | -30.3% |
| Amounts payable within one year | 42/48 | €354,473 | €344,985 | -€9,488 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €71,094 | €70,802 | -€292 | -0.4% |
| Trade debts | 44 | €232,328 | €229,234 | -€3,094 | -1.3% |
| Suppliers | 440/4 | €232,328 | €229,234 | -€3,094 | -1.3% |
| Taxes, remuneration and social security | 45 | €51,051 | €42,919 | -€8,132 | -15.9% |
| Taxes | 450/3 | €1,590 | €1,471 | -€119 | -7.5% |
| Remuneration and social security | 454/9 | €49,461 | €41,448 | -€8,013 | -16.2% |
| Other amounts payable | 47/48 | - | €2,030 | +€2,030 | |
| Accrued charges and deferred income | 492/3 | €2,572 | €41,337 | +€38,765 | +1507.2% |
| Remuneration, social security and pensions | 62 | €223,472 | €220,068 | -€3,404 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,627 | €19,797 | -€5,830 | -22.7% |
| Other operating charges | 640/8 | €1,371 | €4,087 | +€2,716 | +198.1% |
| Non-recurring operating charges | 66A | €1,947 | €0 | -€1,947 | -100.0% |
| Gross operating margin | 9900 | €227,747 | €220,844 | -€6,903 | -3.0% |
| Operating profit (loss) | 9901 | -€24,670 | -€23,108 | +€1,562 | +6.3% |
| Financial income | 75/76B | €1,099 | €98 | -€1,001 | -91.1% |
| Recurring financial income | 75 | €1,099 | €98 | -€1,001 | -91.1% |
| Financial charges | 65/66B | €20,165 | €19,013 | -€1,152 | -5.7% |
| Recurring financial charges | 65 | €20,165 | €19,013 | -€1,152 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,736 | -€42,023 | +€1,713 | +3.9% |
| Income taxes | 67/77 | €288 | €277 | -€11 | -3.8% |
| Profit (loss) for the period | 9904 | -€44,024 | -€42,300 | +€1,724 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,024 | -€42,300 | +€1,724 | +3.9% |
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 7 October 2026 via checked.be.