L.P. & Const2: 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. & Const2
Largest movements
- Receivables within one year +€16,535
up €16,535 (+40.6%), from €40,747 to €57,282
of which Trade receivables: +€15,437
- Tangible fixed assets -€15,558
down €15,558 (-28.8%), from €54,034 to €38,476
- Profit (loss) carried forward +€5,628
up €5,628 (+7.6%), from €73,986 to €79,614
- Tax, wage and social debts -€4,216
down €4,216 (-17.6%), from €23,963 to €19,747
- Gross operating margin -€53,763
down €53,763 (-60.1%), from €89,519 to €35,756
- Taxes -€11,547
down €11,547 (-67.3%), from €17,164 to €5,617
- Depreciation +€5,620
up €5,620 (+56.6%), from €9,938 to €15,558
- Financial charges +€5,029
up €5,029 (+565.7%), from €889 to €5,918
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 | €101,240 | €101,683 | +€443 | +0.4% |
| Fixed assets | 21/28 | €54,934 | €39,376 | -€15,558 | -28.3% |
| Tangible fixed assets | 22/27 | €54,034 | €38,476 | -€15,558 | -28.8% |
| Furniture and vehicles | 24 | €54,034 | €38,476 | -€15,558 | -28.8% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €46,306 | €62,307 | +€16,001 | +34.6% |
| Amounts receivable within one year | 40/41 | €40,747 | €57,282 | +€16,535 | +40.6% |
| Trade receivables | 40 | €32,672 | €48,109 | +€15,437 | +47.2% |
| Other amounts receivable | 41 | €8,075 | €9,173 | +€1,098 | +13.6% |
| Cash at bank and in hand | 54/58 | €65 | €318 | +€253 | +389.2% |
| Deferred charges and accrued income | 490/1 | €5,494 | €4,707 | -€787 | -14.3% |
| Total equity and liabilities | 10/49 | €101,240 | €101,683 | +€443 | +0.4% |
| Equity | 10/15 | €75,986 | €81,614 | +€5,628 | +7.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,986 | €79,614 | +€5,628 | +7.6% |
| Amounts payable | 17/49 | €25,254 | €20,069 | -€5,185 | -20.5% |
| Amounts payable within one year | 42/48 | €25,254 | €20,069 | -€5,185 | -20.5% |
| Trade debts | 44 | €1,291 | €322 | -€969 | -75.1% |
| Suppliers | 440/4 | €1,291 | €322 | -€969 | -75.1% |
| Taxes, remuneration and social security | 45 | €23,963 | €19,747 | -€4,216 | -17.6% |
| Taxes | 450/3 | €23,963 | €19,747 | -€4,216 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,938 | €15,558 | +€5,620 | +56.6% |
| Other operating charges | 640/8 | €3,588 | €3,035 | -€553 | -15.4% |
| Gross operating margin | 9900 | €89,519 | €35,756 | -€53,763 | -60.1% |
| Operating profit (loss) | 9901 | €75,993 | €17,163 | -€58,830 | -77.4% |
| Financial income | 75/76B | €54 | - | -€54 | |
| Recurring financial income | 75 | €54 | - | -€54 | |
| Financial charges | 65/66B | €889 | €5,918 | +€5,029 | +565.7% |
| Recurring financial charges | 65 | €889 | €5,918 | +€5,029 | +565.7% |
| Profit (loss) for the period before taxes | 9903 | €75,158 | €11,245 | -€63,913 | -85.0% |
| Income taxes | 67/77 | €17,164 | €5,617 | -€11,547 | -67.3% |
| Profit (loss) for the period | 9904 | €57,994 | €5,628 | -€52,366 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,994 | €5,628 | -€52,366 | -90.3% |
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 7 October 2026 via checked.be.