L.F.P.: what changed
L.F.P.
Largest movements
- Tangible fixed assets +€33,771
up €33,771 (+25.3%), from €133,643 to €167,414
of which Furniture and vehicles: +€42,276
- Cash +€2,916
up €2,916 (+30.0%), from €9,705 to €12,621
mainly Current portion of long-term debt (+€22,022) and Depreciation (+€18,501)
- Deferred charges and accrued income +€1,885
new in 2025: €1,885
- Current portion of long-term debt +€22,022
new in 2025: €22,022
- Other debts +€6,762
up €6,762 (+7.0%), from €96,163 to €102,925
- Profit (loss) carried forward +€6,467
up €6,467 (+26.0%), from -€24,855 to -€18,388
- Debts after one year +€3,799
up €3,799 (+117%), from €3,246 to €7,045
of which Financial debts: +€3,799
- Gross operating margin +€14,250
up €14,250 (+57.8%), from €24,669 to €38,919
- Depreciation +€9,996
up €9,996 (+118%), from €8,505 to €18,501
- Financial charges +€2,000
up €2,000 (+2,041%), from €98 to €2,098
- Other operating charges +€582
up €582 (+5.2%), from €11,160 to €11,741
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,348 | €181,920 | +€38,571 | +26.9% |
| Fixed assets | 21/28 | €133,643 | €167,414 | +€33,771 | +25.3% |
| Tangible fixed assets | 22/27 | €133,643 | €167,414 | +€33,771 | +25.3% |
| Land and buildings | 22 | €53,224 | €44,719 | -€8,505 | -16.0% |
| Furniture and vehicles | 24 | - | €42,276 | +€42,276 | |
| Other tangible fixed assets | 26 | €80,419 | €80,419 | = | 0.0% |
| Current assets | 29/58 | €9,705 | €14,506 | +€4,800 | +49.5% |
| Cash at bank and in hand | 54/58 | €9,705 | €12,621 | +€2,916 | +30.0% |
| Deferred charges and accrued income | 490/1 | - | €1,885 | +€1,885 | |
| Total equity and liabilities | 10/49 | €143,348 | €181,920 | +€38,571 | +26.9% |
| Equity | 10/15 | €43,345 | €49,812 | +€6,467 | +14.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,855 | -€18,388 | +€6,467 | +26.0% |
| Amounts payable | 17/49 | €100,003 | €132,108 | +€32,104 | +32.1% |
| Amounts payable after more than one year | 17 | €3,246 | €7,045 | +€3,799 | +117% |
| Financial debts | 170/4 | - | €3,799 | +€3,799 | |
| Other amounts payable | 178/9 | €3,246 | €3,246 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,757 | €125,062 | +€28,305 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | - | €22,022 | +€22,022 | |
| Trade debts | 44 | €594 | €0 | -€594 | -100% |
| Suppliers | 440/4 | €594 | €0 | -€594 | -100% |
| Taxes, remuneration and social security | 45 | - | €115 | +€115 | |
| Taxes | 450/3 | - | €115 | +€115 | |
| Other amounts payable | 47/48 | €96,163 | €102,925 | +€6,762 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,505 | €18,501 | +€9,996 | +118% |
| Other operating charges | 640/8 | €11,160 | €11,741 | +€582 | +5.2% |
| Gross operating margin | 9900 | €24,669 | €38,919 | +€14,250 | +57.8% |
| Operating profit (loss) | 9901 | €5,004 | €8,677 | +€3,672 | +73.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €98 | €2,098 | +€2,000 | +2,041% |
| Recurring financial charges | 65 | €98 | €2,098 | +€2,000 | +2,041% |
| Profit (loss) for the period before taxes | 9903 | €4,906 | €6,582 | +€1,676 | +34.2% |
| Income taxes | 67/77 | - | €115 | +€115 | |
| Profit (loss) for the period | 9904 | €4,906 | €6,467 | +€1,561 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,906 | €6,467 | +€1,561 | +31.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.