LUDEK: 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.
LUDEK
Largest movements
- Cash -€201
down €201 (-62.2%), from €323 to €122
mainly Net result for the year (-€1,306)
- Profit (loss) carried forward -€1,306
down €1,306 (-0.9%), from -€152,949 to -€154,255
- Other debts +€1,105
up €1,105 (+0.8%), from €131,737 to €132,842
- Gross operating margin +€213,811
up €213,811 (+99.6%), from -€214,717 to -€906
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 | €323 | €122 | -€201 | -62.2% |
| Current assets | 29/58 | €323 | €122 | -€201 | -62.2% |
| Cash at bank and in hand | 54/58 | €323 | €122 | -€201 | -62.2% |
| Total equity and liabilities | 10/49 | €323 | €122 | -€201 | -62.2% |
| Equity | 10/15 | -€131,414 | -€132,720 | -€1,306 | -1.0% |
| Contributions | 10/11 | €18,676 | €18,676 | = | 0.0% |
| Reserves | 13 | €2,859 | €2,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,859 | €2,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,859 | €2,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,949 | -€154,255 | -€1,306 | -0.9% |
| Amounts payable | 17/49 | €131,737 | €132,842 | +€1,105 | +0.8% |
| Amounts payable within one year | 42/48 | €131,737 | €132,842 | +€1,105 | +0.8% |
| Other amounts payable | 47/48 | €131,737 | €132,842 | +€1,105 | +0.8% |
| Other operating charges | 640/8 | €505 | €400 | -€105 | -20.8% |
| Gross operating margin | 9900 | -€214,717 | -€906 | +€213,811 | +99.6% |
| Operating profit (loss) | 9901 | -€215,222 | -€1,306 | +€213,916 | +99.4% |
| Financial charges | 65/66B | €110 | - | -€110 | |
| Recurring financial charges | 65 | €110 | - | -€110 | |
| Profit (loss) for the period before taxes | 9903 | -€215,332 | -€1,306 | +€214,026 | +99.4% |
| Profit (loss) for the period | 9904 | -€215,332 | -€1,306 | +€214,026 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€215,332 | -€1,306 | +€214,026 | +99.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.