Ludifriends: 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.
Ludifriends
Largest movements
- Stocks and contracts -€17,458
down €17,458 (-10.2%), from €171,332 to €153,874
- Tangible fixed assets -€16,012
down €16,012 (-4.7%), from €341,069 to €325,057
of which Other tangible fixed assets: -€12,361
- Receivables within one year +€6,500
up €6,500 (+862%), from €754 to €7,253
of which Trade receivables: +€6,510
- Trade debts -€34,955
down €34,955 (-34.7%), from €100,729 to €65,774
- Debts after one year -€15,313
down €15,313 (-5.7%), from €267,851 to €252,538
- Tax, wage and social debts +€11,196
up €11,196 (+55.2%), from €20,285 to €31,481
of which Taxes: +€7,987
- Profit (loss) carried forward +€7,064
up €7,064 (+43.2%), from -€16,336 to -€9,273
- Gross operating margin +€49,504
up €49,504 (+101%), from €49,226 to €98,729
- Depreciation +€9,898
up €9,898 (+96.8%), from €10,229 to €20,127
- Staff costs +€8,679
up €8,679 (+20.0%), from €43,333 to €52,013
- Financial charges +€6,065
up €6,065 (+46.2%), from €13,134 to €19,199
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.
Derived cash bridge
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 | €536,031 | €501,272 | -€34,759 | -6.5% |
| Fixed assets | 21/28 | €348,986 | €331,974 | -€17,012 | -4.9% |
| Intangible fixed assets | 21 | €7,917 | €6,917 | -€1,000 | -12.6% |
| Tangible fixed assets | 22/27 | €341,069 | €325,057 | -€16,012 | -4.7% |
| Land and buildings | 22 | €221,220 | €216,139 | -€5,081 | -2.3% |
| Plant, machinery and equipment | 23 | - | €744 | +€744 | |
| Furniture and vehicles | 24 | €1,171 | €1,857 | +€686 | +58.6% |
| Other tangible fixed assets | 26 | €118,678 | €106,317 | -€12,361 | -10.4% |
| Current assets | 29/58 | €187,045 | €169,298 | -€17,747 | -9.5% |
| Stocks and contracts in progress | 3 | €171,332 | €153,874 | -€17,458 | -10.2% |
| Stocks | 30/36 | €171,332 | €153,874 | -€17,458 | -10.2% |
| Amounts receivable within one year | 40/41 | €754 | €7,253 | +€6,500 | +862% |
| Trade receivables | 40 | €744 | €7,253 | +€6,510 | +875% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Cash at bank and in hand | 54/58 | €8,305 | €5,292 | -€3,013 | -36.3% |
| Deferred charges and accrued income | 490/1 | €6,654 | €2,879 | -€3,775 | -56.7% |
| Total equity and liabilities | 10/49 | €536,031 | €501,272 | -€34,759 | -6.5% |
| Equity | 10/15 | €73,664 | €80,727 | +€7,064 | +9.6% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,336 | -€9,273 | +€7,064 | +43.2% |
| Amounts payable | 17/49 | €462,367 | €420,545 | -€41,822 | -9.0% |
| Amounts payable after more than one year | 17 | €267,851 | €252,538 | -€15,313 | -5.7% |
| Financial debts | 170/4 | €267,851 | €252,538 | -€15,313 | -5.7% |
| Amounts payable within one year | 42/48 | €194,516 | €168,007 | -€26,509 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €15,880 | €16,560 | +€680 | +4.3% |
| Financial debts | 43 | €47,827 | €46,133 | -€1,695 | -3.5% |
| Credit institutions | 430/8 | €47,827 | €46,133 | -€1,695 | -3.5% |
| Trade debts | 44 | €100,729 | €65,774 | -€34,955 | -34.7% |
| Suppliers | 440/4 | €100,729 | €65,774 | -€34,955 | -34.7% |
| Taxes, remuneration and social security | 45 | €20,285 | €31,481 | +€11,196 | +55.2% |
| Taxes | 450/3 | €9,791 | €17,778 | +€7,987 | +81.6% |
| Remuneration and social security | 454/9 | €10,494 | €13,703 | +€3,209 | +30.6% |
| Other amounts payable | 47/48 | €9,794 | €8,059 | -€1,735 | -17.7% |
| Remuneration, social security and pensions | 62 | €43,333 | €52,013 | +€8,679 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,229 | €20,127 | +€9,898 | +96.8% |
| Other operating charges | 640/8 | - | €59 | +€59 | |
| Gross operating margin | 9900 | €49,226 | €98,729 | +€49,504 | +101% |
| Operating profit (loss) | 9901 | -€4,337 | €26,530 | +€30,867 | |
| Financial income | 75/76B | €7 | €10 | +€3 | +39.7% |
| Recurring financial income | 75 | €7 | €10 | +€3 | +39.7% |
| Financial charges | 65/66B | €13,134 | €19,199 | +€6,065 | +46.2% |
| Recurring financial charges | 65 | €13,134 | €19,199 | +€6,065 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,464 | €7,341 | +€24,805 | |
| Income taxes | 67/77 | €100 | €278 | +€177 | +177% |
| Profit (loss) for the period | 9904 | -€17,564 | €7,064 | +€24,628 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,564 | €7,064 | +€24,628 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.