LUDIX: 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.
LUDIX
Largest movements
- Receivables within one year -€30,424
down €30,424 (-37.1%), from €82,019 to €51,595
of which Other amounts receivable: -€29,664
- Tangible fixed assets -€8,262
down €8,262 (-34.1%), from €24,197 to €15,935
- Tax, wage and social debts -€21,036
down €21,036 (-97.5%), from €21,582 to €546
- Profit (loss) carried forward -€18,832
down €18,832 (-61.7%), from €30,521 to €11,689
- Short-term financial debts +€4,747
new in 2024: €4,747
- Debts after one year -€4,522
down €4,522 (-30.7%), from €14,730 to €10,208
- Gross operating margin -€25,453
down €25,453, from €18,169 to -€7,284
- Depreciation +€7,673
up €7,673 (+1303.8%), from €589 to €8,262
- Taxes -€3,555
down €3,555 (-94.7%), from €3,755 to €200
- Financial charges +€606
up €606 (+67.5%), from €898 to €1,504
- Other operating charges +€327
up €327 (+26.0%), from €1,255 to €1,582
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 | €111,135 | €71,170 | -€39,965 | -36.0% |
| Fixed assets | 21/28 | €24,497 | €16,235 | -€8,262 | -33.7% |
| Tangible fixed assets | 22/27 | €24,197 | €15,935 | -€8,262 | -34.1% |
| Leasing and similar rights | 25 | €24,197 | €15,935 | -€8,262 | -34.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €86,638 | €54,935 | -€31,703 | -36.6% |
| Amounts receivable within one year | 40/41 | €82,019 | €51,595 | -€30,424 | -37.1% |
| Trade receivables | 40 | €760 | - | -€760 | |
| Other amounts receivable | 41 | €81,259 | €51,595 | -€29,664 | -36.5% |
| Cash at bank and in hand | 54/58 | €1,943 | €975 | -€968 | -49.8% |
| Deferred charges and accrued income | 490/1 | €2,676 | €2,366 | -€311 | -11.6% |
| Total equity and liabilities | 10/49 | €111,135 | €71,170 | -€39,965 | -36.0% |
| Equity | 10/15 | €63,521 | €44,689 | -€18,832 | -29.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,521 | €11,689 | -€18,832 | -61.7% |
| Amounts payable | 17/49 | €47,613 | €26,481 | -€21,133 | -44.4% |
| Amounts payable after more than one year | 17 | €14,730 | €10,208 | -€4,522 | -30.7% |
| Financial debts | 170/4 | €14,730 | €10,208 | -€4,522 | -30.7% |
| Amounts payable within one year | 42/48 | €32,884 | €16,273 | -€16,610 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €4,337 | €4,522 | +€186 | +4.3% |
| Financial debts | 43 | - | €4,747 | +€4,747 | |
| Credit institutions | 430/8 | - | €4,747 | +€4,747 | |
| Trade debts | 44 | €6,965 | €6,458 | -€507 | -7.3% |
| Suppliers | 440/4 | €6,965 | €6,458 | -€507 | -7.3% |
| Taxes, remuneration and social security | 45 | €21,582 | €546 | -€21,036 | -97.5% |
| Taxes | 450/3 | €21,582 | €546 | -€21,036 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €589 | €8,262 | +€7,673 | +1303.8% |
| Other operating charges | 640/8 | €1,255 | €1,582 | +€327 | +26.0% |
| Gross operating margin | 9900 | €18,169 | -€7,284 | -€25,453 | |
| Operating profit (loss) | 9901 | €16,325 | -€17,128 | -€33,453 | |
| Financial charges | 65/66B | €898 | €1,504 | +€606 | +67.5% |
| Recurring financial charges | 65 | €898 | €1,504 | +€606 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €15,427 | -€18,632 | -€34,059 | |
| Income taxes | 67/77 | €3,755 | €200 | -€3,555 | -94.7% |
| Profit (loss) for the period | 9904 | €11,672 | -€18,832 | -€30,504 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,672 | -€18,832 | -€30,504 |
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 10 October 2026 via checked.be.