LYDIAN: 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.
What changed
LYDIAN
NACE 69.109, Other legal services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-
not filed
Equity
€818,065
2024 · €778,065+€40,000
Cash
€4.4m
2024 · €3.1m+€1.3m
Balance sheet total
€14.3m
2024 · €17.1m-€2.8m
Largest movements
Assets
- Receivables within one year -€3.1m
down €3.1m (-38.4%), from €8.1m to €5.0m
of which Trade receivables: -€2.8m
- Cash +€1.3m
up €1.3m (+39.9%), from €3.1m to €4.4m
- Stocks and contracts -€956,607
down €956,607 (-25.0%), from €3.8m to €2.9m
- Deferred charges and accrued income +€257,045
up €257,045 (+66.2%), from €388,436 to €645,481
Equity and liabilities
- Short-term financial debts -€1.6m
down €1.6m (-39.6%), from €4.0m to €2.4m
- Trade debts -€1.2m
down €1.2m (-12.1%), from €9.7m to €8.6m
Income statement
- Turnover +€2.3m
up €2.3m (+8.8%), from €25.9m to €28.2m
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,055,657 | €14,250,702 | -€2.8m | -16.4% |
| Fixed assets | 21/28 | €1,568,888 | €1,334,498 | -€234,390 | -14.9% |
| Intangible fixed assets | 21 | €882,946 | €764,160 | -€118,786 | -13.5% |
| Tangible fixed assets | 22/27 | €685,942 | €570,338 | -€115,604 | -16.9% |
| Plant, machinery and equipment | 23 | €322,467 | €278,067 | -€44,399 | -13.8% |
| Furniture and vehicles | 24 | €135,240 | €111,562 | -€23,678 | -17.5% |
| Other tangible fixed assets | 26 | €228,235 | €180,708 | -€47,527 | -20.8% |
| Current assets | 29/58 | €15,486,769 | €12,916,204 | -€2.6m | -16.6% |
| Stocks and contracts in progress | 3 | €3,821,555 | €2,864,948 | -€956,607 | -25.0% |
| Contracts in progress | 37 | €3,821,555 | €2,864,948 | -€956,607 | -25.0% |
| Amounts receivable within one year | 40/41 | €8,138,925 | €5,015,413 | -€3.1m | -38.4% |
| Trade receivables | 40 | €7,336,987 | €4,580,263 | -€2.8m | -37.6% |
| Other amounts receivable | 41 | €801,937 | €435,150 | -€366,788 | -45.7% |
| Cash at bank and in hand | 54/58 | €3,137,854 | €4,390,363 | +€1.3m | +39.9% |
| Deferred charges and accrued income | 490/1 | €388,436 | €645,481 | +€257,045 | +66.2% |
| Total equity and liabilities | 10/49 | €17,055,657 | €14,250,702 | -€2.8m | -16.4% |
| Equity | 10/15 | €778,065 | €818,065 | +€40,000 | +5.1% |
| Contributions | 10/11 | €700,000 | €740,000 | +€40,000 | +5.7% |
| Reserves | 13 | €78,065 | €78,065 | = | 0.0% |
| Non-distributable reserves | 130/1 | €78,065 | €78,065 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €76,065 | €76,065 | = | 0.0% |
| Amounts payable | 17/49 | €16,277,592 | €13,432,637 | -€2.8m | -17.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,177,608 | €13,365,981 | -€2.8m | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €1,853,791 | €1,862,585 | +€8,795 | +0.5% |
| Financial debts | 43 | €3,968,153 | €2,394,994 | -€1.6m | -39.6% |
| Credit institutions | 430/8 | €3,968,153 | €2,394,994 | -€1.6m | -39.6% |
| Trade debts | 44 | €9,739,651 | €8,558,044 | -€1.2m | -12.1% |
| Suppliers | 440/4 | €9,739,651 | €8,558,044 | -€1.2m | -12.1% |
| Advances received on contracts in progress | 46 | €0 | €785 | +€785 | |
| Taxes, remuneration and social security | 45 | €616,014 | €549,572 | -€66,441 | -10.8% |
| Taxes | 450/3 | €101,817 | €131,511 | +€29,693 | +29.2% |
| Remuneration and social security | 454/9 | €514,196 | €418,062 | -€96,134 | -18.7% |
| Accrued charges and deferred income | 492/3 | €99,983 | €66,656 | -€33,328 | -33.3% |
| Operating income | 70/76A | €26,770,651 | €27,230,110 | +€459,458 | +1.7% |
| Turnover | 70 | €25,898,857 | €28,173,571 | +€2.3m | +8.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €792,660 | -€1,030,942 | -€1.8m | |
| Other operating income | 74 | €79,134 | €87,481 | +€8,347 | +10.5% |
| Operating charges | 60/66A | €26,393,161 | €26,817,058 | +€423,897 | +1.6% |
| Services and other goods | 61 | €23,147,477 | €23,235,423 | +€87,946 | +0.4% |
| Remuneration, social security and pensions | 62 | €2,638,516 | €2,774,990 | +€136,474 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482,724 | €502,013 | +€19,289 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,189 | €221,426 | +€187,237 | +548% |
| Other operating charges | 640/8 | €90,158 | €83,206 | -€6,952 | -7.7% |
| Non-recurring operating charges | 66A | €96 | €0 | -€96 | -100% |
| Operating profit (loss) | 9901 | €377,491 | €413,051 | +€35,561 | +9.4% |
| Financial income | 75/76B | €21,885 | €25,705 | +€3,820 | +17.5% |
| Recurring financial income | 75 | €21,885 | €25,705 | +€3,820 | +17.5% |
| Income from current assets | 751 | €12,449 | €4,248 | -€8,201 | -65.9% |
| Other financial income | 752/9 | €9,436 | €21,457 | +€12,021 | +127% |
| Financial charges | 65/66B | €275,091 | €260,793 | -€14,298 | -5.2% |
| Recurring financial charges | 65 | €275,091 | €260,793 | -€14,298 | -5.2% |
| Debt charges | 650 | €224,750 | €212,211 | -€12,539 | -5.6% |
| Other financial charges | 652/9 | €50,341 | €48,582 | -€1,759 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €124,285 | €177,964 | +€53,678 | +43.2% |
| Income taxes | 67/77 | €124,285 | €177,964 | +€53,678 | +43.2% |
| Taxes | 670/3 | €124,285 | €177,964 | +€53,678 | +43.2% |
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 14 October 2026 via checked.be.