LTDAV CONCEPT: 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.
LTDAV CONCEPT
Largest movements
- Receivables within one year +€64,845
up €64,845 (+46.7%), from €138,814 to €203,658
of which Trade receivables: +€64,845
- Trade debts +€39,680
up €39,680 (+72.1%), from €55,033 to €94,712
- Tax, wage and social debts +€23,117
up €23,117 (+36.0%), from €64,246 to €87,363
of which Remuneration and social security: +€22,700
- Gross operating margin -€14,810
down €14,810 (-87.7%), from €16,894 to €2,084
- Taxes -€2,962
down €2,962 (-87.7%), from €3,379 to €417
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 | €140,188 | €205,033 | +€64,845 | +46.3% |
| Current assets | 29/58 | €140,188 | €205,033 | +€64,845 | +46.3% |
| Amounts receivable within one year | 40/41 | €138,814 | €203,658 | +€64,845 | +46.7% |
| Trade receivables | 40 | €131,289 | €196,134 | +€64,845 | +49.4% |
| Other amounts receivable | 41 | €7,524 | €7,524 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,375 | €1,375 | = | 0.0% |
| Total equity and liabilities | 10/49 | €140,188 | €205,033 | +€64,845 | +46.3% |
| Equity | 10/15 | €20,154 | €21,821 | +€1,667 | +8.3% |
| Profit (loss) carried forward | 14 | €20,154 | €21,821 | +€1,667 | +8.3% |
| Amounts payable | 17/49 | €120,034 | €183,211 | +€63,178 | +52.6% |
| Amounts payable within one year | 42/48 | €120,034 | €183,211 | +€63,178 | +52.6% |
| Trade debts | 44 | €55,033 | €94,712 | +€39,680 | +72.1% |
| Suppliers | 440/4 | €55,033 | €94,712 | +€39,680 | +72.1% |
| Taxes, remuneration and social security | 45 | €64,246 | €87,363 | +€23,117 | +36.0% |
| Taxes | 450/3 | €11,846 | €12,263 | +€417 | +3.5% |
| Remuneration and social security | 454/9 | €52,400 | €75,100 | +€22,700 | +43.3% |
| Other amounts payable | 47/48 | €755 | €1,136 | +€381 | +50.5% |
| Gross operating margin | 9900 | €16,894 | €2,084 | -€14,810 | -87.7% |
| Operating profit (loss) | 9901 | €16,894 | €2,084 | -€14,810 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €16,894 | €2,084 | -€14,810 | -87.7% |
| Income taxes | 67/77 | €3,379 | €417 | -€2,962 | -87.7% |
| Profit (loss) for the period | 9904 | €13,515 | €1,667 | -€11,848 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,515 | €1,667 | -€11,848 | -87.7% |
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 2 October 2026 via checked.be.