LUDICAMA: 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.
LUDICAMA
Largest movements
- Receivables within one year +€75,937
up €75,937 (+82.2%), from €92,424 to €168,361
of which Trade receivables: +€75,411
- Deferred charges and accrued income -€1,754
down €1,754 (-58.5%), from €3,000 to €1,246
- Advances received +€33,993
up €33,993 (+182%), from €18,677 to €52,670
- Trade debts +€27,934
up €27,934 (+175%), from €15,992 to €43,925
- Profit (loss) carried forward +€13,082
up €13,082 (+41.0%), from €31,875 to €44,957
- Gross operating margin +€12,593
up €12,593 (+22.6%), from €55,692 to €68,285
- Staff costs +€7,038
up €7,038 (+16.4%), from €42,865 to €49,903
- Financial charges +€1,060
up €1,060 (+3,934%), from €27 to €1,087
- Taxes +€816
up €816 (+29.1%), from €2,802 to €3,618
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.
Derived cash bridge
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 | €97,224 | €171,532 | +€74,308 | +76.4% |
| Fixed assets | 21/28 | €838 | €880 | +€42 | +5.0% |
| Tangible fixed assets | 22/27 | €838 | €591 | -€248 | -29.6% |
| Furniture and vehicles | 24 | €838 | €591 | -€248 | -29.6% |
| Financial fixed assets | 28 | - | €290 | +€290 | |
| Current assets | 29/58 | €96,386 | €170,652 | +€74,266 | +77.1% |
| Amounts receivable within one year | 40/41 | €92,424 | €168,361 | +€75,937 | +82.2% |
| Trade receivables | 40 | €91,750 | €167,161 | +€75,411 | +82.2% |
| Other amounts receivable | 41 | €674 | €1,200 | +€526 | +78.0% |
| Cash at bank and in hand | 54/58 | €962 | €1,045 | +€83 | +8.6% |
| Deferred charges and accrued income | 490/1 | €3,000 | €1,246 | -€1,754 | -58.5% |
| Total equity and liabilities | 10/49 | €97,224 | €171,532 | +€74,308 | +76.4% |
| Equity | 10/15 | €41,875 | €54,957 | +€13,082 | +31.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,875 | €44,957 | +€13,082 | +41.0% |
| Amounts payable | 17/49 | €55,349 | €116,575 | +€61,226 | +111% |
| Amounts payable within one year | 42/48 | €55,349 | €116,575 | +€61,226 | +111% |
| Trade debts | 44 | €15,992 | €43,925 | +€27,934 | +175% |
| Suppliers | 440/4 | €15,992 | €43,925 | +€27,934 | +175% |
| Advances received on contracts in progress | 46 | €18,677 | €52,670 | +€33,993 | +182% |
| Taxes, remuneration and social security | 45 | €20,680 | €19,979 | -€701 | -3.4% |
| Taxes | 450/3 | €9,814 | €7,728 | -€2,086 | -21.3% |
| Remuneration and social security | 454/9 | €10,866 | €12,251 | +€1,385 | +12.7% |
| Remuneration, social security and pensions | 62 | €42,865 | €49,903 | +€7,038 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | - | €394 | +€394 | |
| Gross operating margin | 9900 | €55,692 | €68,285 | +€12,593 | +22.6% |
| Operating profit (loss) | 9901 | €12,579 | €17,740 | +€5,161 | +41.0% |
| Financial income | 75/76B | - | €47 | +€47 | |
| Recurring financial income | 75 | - | €47 | +€47 | |
| Financial charges | 65/66B | €27 | €1,087 | +€1,060 | +3,934% |
| Recurring financial charges | 65 | €27 | €1,087 | +€1,060 | +3,934% |
| Profit (loss) for the period before taxes | 9903 | €12,552 | €16,700 | +€4,148 | +33.0% |
| Income taxes | 67/77 | €2,802 | €3,618 | +€816 | +29.1% |
| Profit (loss) for the period | 9904 | €9,751 | €13,082 | +€3,332 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,751 | €13,082 | +€3,332 | +34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.