L.M.P.: 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.
L.M.P.
Largest movements
- Receivables within one year -€30,470
down €30,470 (-59.7%), from €51,059 to €20,589
of which Other amounts receivable: -€20,250
- Cash +€6,056
up €6,056 (+230%), from €2,633 to €8,689
mainly Receivables within one year (+€30,470) and Depreciation (+€5,955)
- Stocks and contracts -€5,614
no longer reported in 2025 (was €5,614)
- Tangible fixed assets +€3,889
up €3,889 (+2.9%), from €133,030 to €136,918
of which Furniture and vehicles: +€8,969
- Debts after one year -€15,825
down €15,825 (-26.1%), from €60,681 to €44,856
- Tax, wage and social debts -€7,601
down €7,601 (-96.2%), from €7,902 to €301
of which Taxes: -€6,563
- Trade debts -€2,368
down €2,368 (-29.9%), from €7,920 to €5,552
- Financial income +€15,458
new in 2025: €15,458
of which Financial income: +€15,458
- Depreciation -€11,844
down €11,844 (-66.5%), from €17,798 to €5,955
- Gross operating margin +€5,894
up €5,894, from -€3,824 to €2,071
- Financial charges +€5,221
up €5,221 (+327%), from €1,595 to €6,816
of which Non-recurring financial charges: +€5,391
- Other operating charges +€1,480
up €1,480 (+58.4%), from €2,536 to €4,016
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 | €192,370 | €166,355 | -€26,014 | -13.5% |
| Fixed assets | 21/28 | €133,030 | €136,918 | +€3,889 | +2.9% |
| Tangible fixed assets | 22/27 | €133,030 | €136,918 | +€3,889 | +2.9% |
| Land and buildings | 22 | €128,715 | €123,783 | -€4,931 | -3.8% |
| Furniture and vehicles | 24 | €3,480 | €12,449 | +€8,969 | +258% |
| Other tangible fixed assets | 26 | €834 | €686 | -€149 | -17.8% |
| Current assets | 29/58 | €59,340 | €29,437 | -€29,903 | -50.4% |
| Stocks and contracts in progress | 3 | €5,614 | - | -€5,614 | |
| Stocks | 30/36 | €5,614 | - | -€5,614 | |
| Amounts receivable within one year | 40/41 | €51,059 | €20,589 | -€30,470 | -59.7% |
| Trade receivables | 40 | €28,637 | €18,416 | -€10,220 | -35.7% |
| Other amounts receivable | 41 | €22,422 | €2,172 | -€20,250 | -90.3% |
| Cash at bank and in hand | 54/58 | €2,633 | €8,689 | +€6,056 | +230% |
| Deferred charges and accrued income | 490/1 | €34 | €159 | +€125 | +371% |
| Total equity and liabilities | 10/49 | €192,370 | €166,355 | -€26,014 | -13.5% |
| Equity | 10/15 | €100,295 | €99,822 | -€473 | -0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €108,031 | €108,031 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €106,171 | €106,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,328 | -€26,801 | -€473 | -1.8% |
| Amounts payable | 17/49 | €92,075 | €66,534 | -€25,541 | -27.7% |
| Amounts payable after more than one year | 17 | €60,681 | €44,856 | -€15,825 | -26.1% |
| Financial debts | 170/4 | €60,681 | €44,856 | -€15,825 | -26.1% |
| Amounts payable within one year | 42/48 | €31,394 | €21,678 | -€9,716 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €15,572 | €15,825 | +€253 | +1.6% |
| Trade debts | 44 | €7,920 | €5,552 | -€2,368 | -29.9% |
| Suppliers | 440/4 | €7,920 | €5,552 | -€2,368 | -29.9% |
| Taxes, remuneration and social security | 45 | €7,902 | €301 | -€7,601 | -96.2% |
| Taxes | 450/3 | €6,864 | €301 | -€6,563 | -95.6% |
| Remuneration and social security | 454/9 | €1,038 | - | -€1,038 | |
| Non-recurring operating income | 76A | - | €2,020 | +€2,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,798 | €5,955 | -€11,844 | -66.5% |
| Other operating charges | 640/8 | €2,536 | €4,016 | +€1,480 | +58.4% |
| Gross operating margin | 9900 | -€3,824 | €2,071 | +€5,894 | |
| Operating profit (loss) | 9901 | -€24,158 | -€7,900 | +€16,258 | +67.3% |
| Financial income | 75/76B | - | €15,458 | +€15,458 | |
| Recurring financial income | 75 | - | €15,458 | +€15,458 | |
| Non-recurring financial income | 76B | - | €15,458 | +€15,458 | |
| Financial charges | 65/66B | €1,595 | €6,816 | +€5,221 | +327% |
| Recurring financial charges | 65 | €1,595 | €1,426 | -€169 | -10.6% |
| Non-recurring financial charges | 66B | - | €5,391 | +€5,391 | |
| Profit (loss) for the period before taxes | 9903 | -€25,753 | €742 | +€26,495 | |
| Income taxes | 67/77 | €313 | €1,215 | +€902 | +288% |
| Profit (loss) for the period | 9904 | -€26,066 | -€473 | +€25,593 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,066 | -€473 | +€25,593 | +98.2% |
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 19 October 2026 via checked.be.