L.P.: what changed
Two fiscal 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.P.
Largest movements
- Cash -€14,019
down €14,019 (-67.3%), from €20,817 to €6,797
mainly Trade debts (-€22,345) and Net result for the year (-€5,760)
- Receivables within one year -€1,815
down €1,815 (-2.5%), from €71,994 to €70,178
of which Other amounts receivable: -€10,731
- Trade debts -€22,345
down €22,345 (-52.0%), from €42,980 to €20,635
- Advances received +€12,100
up €12,100 (+125.2%), from €9,662 to €21,762
- Profit (loss) carried forward -€5,760
down €5,760 (-272.7%), from -€2,112 to -€7,872
- Gross operating margin -€2,482
down €2,482 (-218.5%), from -€1,136 to -€3,618
- Financial income -€1,580
down €1,580 (-100.0%), from €1,580 to €0
- Depreciation -€379
down €379 (-31.8%), from €1,194 to €815
- Other operating charges +€318
up €318 (+51.1%), from €622 to €940
- Financial charges -€199
down €199 (-46.9%), from €425 to €226
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 | €113,541 | €97,698 | -€15,843 | -14.0% |
| Fixed assets | 21/28 | €2,208 | €1,393 | -€815 | -36.9% |
| Tangible fixed assets | 22/27 | €1,808 | €993 | -€815 | -45.1% |
| Plant, machinery and equipment | 23 | €586 | - | -€586 | |
| Furniture and vehicles | 24 | €12 | - | -€12 | |
| Other tangible fixed assets | 26 | €1,210 | €993 | -€217 | -17.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €111,333 | €96,306 | -€15,028 | -13.5% |
| Amounts receivable after more than one year | 29 | €16,197 | €16,197 | = | 0.0% |
| Other amounts receivable | 291 | €16,197 | €16,197 | = | 0.0% |
| Stocks and contracts in progress | 3 | €502 | €1,275 | +€773 | +154.0% |
| Stocks | 30/36 | €502 | €1,275 | +€773 | +154.0% |
| Amounts receivable within one year | 40/41 | €71,994 | €70,178 | -€1,815 | -2.5% |
| Trade receivables | 40 | €48,953 | €57,869 | +€8,916 | +18.2% |
| Other amounts receivable | 41 | €23,041 | €12,310 | -€10,731 | -46.6% |
| Cash at bank and in hand | 54/58 | €20,817 | €6,797 | -€14,019 | -67.3% |
| Deferred charges and accrued income | 490/1 | €1,824 | €1,857 | +€34 | +1.8% |
| Total equity and liabilities | 10/49 | €113,541 | €97,698 | -€15,843 | -14.0% |
| Equity | 10/15 | €60,416 | €54,656 | -€5,760 | -9.5% |
| Contributions | 10/11 | €10,700 | €10,700 | = | 0.0% |
| Outside capital | 11 | €10,700 | €10,700 | = | 0.0% |
| Other | 1109/19 | €10,700 | €10,700 | = | 0.0% |
| Reserves | 13 | €51,828 | €51,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,979 | €5,979 | = | 0.0% |
| Distributable reserves | 133 | €43,989 | €43,989 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,112 | -€7,872 | -€5,760 | -272.7% |
| Amounts payable | 17/49 | €53,125 | €43,042 | -€10,083 | -19.0% |
| Amounts payable within one year | 42/48 | €53,125 | €43,042 | -€10,083 | -19.0% |
| Trade debts | 44 | €42,980 | €20,635 | -€22,345 | -52.0% |
| Suppliers | 440/4 | €42,980 | €20,635 | -€22,345 | -52.0% |
| Advances received on contracts in progress | 46 | €9,662 | €21,762 | +€12,100 | +125.2% |
| Taxes, remuneration and social security | 45 | €483 | €645 | +€162 | +33.5% |
| Taxes | 450/3 | €483 | €645 | +€162 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €815 | -€379 | -31.8% |
| Other operating charges | 640/8 | €622 | €940 | +€318 | +51.1% |
| Gross operating margin | 9900 | -€1,136 | -€3,618 | -€2,482 | -218.5% |
| Operating profit (loss) | 9901 | -€2,952 | -€5,373 | -€2,421 | -82.0% |
| Financial income | 75/76B | €1,580 | €0 | -€1,580 | -100.0% |
| Recurring financial income | 75 | €1,580 | €0 | -€1,580 | -100.0% |
| Financial charges | 65/66B | €425 | €226 | -€199 | -46.9% |
| Recurring financial charges | 65 | €425 | €226 | -€199 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,797 | -€5,598 | -€3,801 | -211.5% |
| Income taxes | 67/77 | €315 | €162 | -€153 | -48.7% |
| Profit (loss) for the period | 9904 | -€2,112 | -€5,760 | -€3,648 | -172.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,112 | -€5,760 | -€3,648 | -172.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.