LUDIK AUTOMATIC PROJECTS: 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.
LUDIK AUTOMATIC PROJECTS
Largest movements
- Cash -€10,167
down €10,167 (-99.6%), from €10,206 to €39
mainly Receivables within one year (-€8,184) and Trade debts (-€7,908)
- Receivables within one year +€8,184
up €8,184 (+13.7%), from €59,657 to €67,841
of which Trade receivables: +€7,387
- Tangible fixed assets -€7,483
down €7,483 (-28.0%), from €26,681 to €19,198
- Stocks and contracts -€5,000
down €5,000 (-30.9%), from €16,167 to €11,167
- Deferred charges and accrued income +€3,541
up €3,541 (+125.0%), from €2,832 to €6,373
- Trade debts -€7,908
down €7,908 (-30.6%), from €25,811 to €17,903
- Accrued charges and deferred income -€2,122
down €2,122 (-100.0%), from €2,122 to €0
- Gross operating margin -€2,891
down €2,891 (-17.8%), from €16,274 to €13,383
- Depreciation +€2,477
up €2,477 (+49.5%), from €5,006 to €7,483
- Other operating charges +€1,826
up €1,826 (+59.1%), from €3,092 to €4,918
- Taxes -€1,794
down €1,794 (-25.5%), from €7,025 to €5,231
- Financial charges -€407
down €407 (-12.0%), from €3,384 to €2,976
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 | €175,588 | €164,617 | -€10,971 | -6.2% |
| Fixed assets | 21/28 | €26,726 | €19,198 | -€7,528 | -28.2% |
| Tangible fixed assets | 22/27 | €26,681 | €19,198 | -€7,483 | -28.0% |
| Furniture and vehicles | 24 | €26,681 | €19,198 | -€7,483 | -28.0% |
| Financial fixed assets | 28 | €45 | €0 | -€45 | -100.0% |
| Current assets | 29/58 | €148,862 | €145,419 | -€3,443 | -2.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €16,167 | €11,167 | -€5,000 | -30.9% |
| Stocks | 30/36 | €16,167 | €11,167 | -€5,000 | -30.9% |
| Amounts receivable within one year | 40/41 | €59,657 | €67,841 | +€8,184 | +13.7% |
| Trade receivables | 40 | €15,204 | €22,590 | +€7,387 | +48.6% |
| Other amounts receivable | 41 | €44,453 | €45,250 | +€797 | +1.8% |
| Cash at bank and in hand | 54/58 | €10,206 | €39 | -€10,167 | -99.6% |
| Deferred charges and accrued income | 490/1 | €2,832 | €6,373 | +€3,541 | +125.0% |
| Total equity and liabilities | 10/49 | €175,588 | €164,617 | -€10,971 | -6.2% |
| Equity | 10/15 | €131,002 | €130,572 | -€430 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,749 | €98,749 | = | 0.0% |
| Distributable reserves | 133 | €98,749 | €98,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,653 | €13,223 | -€430 | -3.1% |
| Amounts payable | 17/49 | €44,586 | €34,045 | -€10,541 | -23.6% |
| Amounts payable within one year | 42/48 | €42,464 | €34,045 | -€8,419 | -19.8% |
| Financial debts | 43 | - | €655 | +€655 | |
| Credit institutions | 430/8 | - | €655 | +€655 | |
| Trade debts | 44 | €25,811 | €17,903 | -€7,908 | -30.6% |
| Suppliers | 440/4 | €25,811 | €17,903 | -€7,908 | -30.6% |
| Taxes, remuneration and social security | 45 | €16,653 | €15,488 | -€1,166 | -7.0% |
| Taxes | 450/3 | €16,653 | €15,488 | -€1,166 | -7.0% |
| Accrued charges and deferred income | 492/3 | €2,122 | €0 | -€2,122 | -100.0% |
| Non-recurring operating income | 76A | €0 | €3,960 | +€3,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,006 | €7,483 | +€2,477 | +49.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€668 | -€989 | -€321 | -48.0% |
| Other operating charges | 640/8 | €3,092 | €4,918 | +€1,826 | +59.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,274 | €13,383 | -€2,891 | -17.8% |
| Operating profit (loss) | 9901 | €8,844 | €1,970 | -€6,874 | -77.7% |
| Financial income | 75/76B | €5,706 | €5,807 | +€101 | +1.8% |
| Recurring financial income | 75 | €5,706 | €5,807 | +€101 | +1.8% |
| Financial charges | 65/66B | €3,384 | €2,976 | -€407 | -12.0% |
| Recurring financial charges | 65 | €3,384 | €2,976 | -€407 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €11,167 | €4,801 | -€6,366 | -57.0% |
| Income taxes | 67/77 | €7,025 | €5,231 | -€1,794 | -25.5% |
| Profit (loss) for the period | 9904 | €4,142 | -€430 | -€4,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,142 | -€430 | -€4,572 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.