L.P.G.: what changed
L.P.G.
Largest movements
- Receivables within one year -€5,406
down €5,406 (-99.9%), from €5,413 to €7
- Intangible fixed assets -€3,000
down €3,000 (-57.1%), from €5,250 to €2,250
- Cash -€1,661
down €1,661 (-94.3%), from €1,762 to €101
mainly Other debts (-€5,450) and Net result for the year (-€4,918)
- Tangible fixed assets -€1,111
down €1,111 (-44.6%), from €2,493 to €1,382
- Other debts -€5,450
down €5,450 (-35.2%), from €15,500 to €10,050
- Profit (loss) carried forward -€4,918
down €4,918 (-21.3%), from -€23,079 to -€27,997
- Trade debts -€809
down €809 (-90.2%), from €897 to €88
- Gross operating margin -€1,206
down €1,206, from €478 to -€728
- Staff costs -€732
no longer reported in 2025 (was €732)
- Depreciation -€352
down €352 (-7.9%), from €4,463 to €4,111
- Other operating charges -€255
no longer reported in 2025 (was €255)
- Taxes -€150
no longer reported in 2025 (was €150)
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 | €14,918 | €3,740 | -€11,178 | -74.9% |
| Fixed assets | 21/28 | €7,743 | €3,632 | -€4,111 | -53.1% |
| Intangible fixed assets | 21 | €5,250 | €2,250 | -€3,000 | -57.1% |
| Tangible fixed assets | 22/27 | €2,493 | €1,382 | -€1,111 | -44.6% |
| Plant, machinery and equipment | 23 | €2,493 | €1,382 | -€1,111 | -44.6% |
| Current assets | 29/58 | €7,175 | €108 | -€7,067 | -98.5% |
| Amounts receivable within one year | 40/41 | €5,413 | €7 | -€5,406 | -99.9% |
| Other amounts receivable | 41 | €5,413 | €7 | -€5,406 | -99.9% |
| Cash at bank and in hand | 54/58 | €1,762 | €101 | -€1,661 | -94.3% |
| Total equity and liabilities | 10/49 | €14,918 | €3,740 | -€11,178 | -74.9% |
| Equity | 10/15 | -€1,479 | -€6,397 | -€4,918 | -333% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,400 | €15,400 | = | 0.0% |
| Distributable reserves | 133 | €15,400 | €15,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,079 | -€27,997 | -€4,918 | -21.3% |
| Amounts payable | 17/49 | €16,397 | €10,137 | -€6,260 | -38.2% |
| Amounts payable within one year | 42/48 | €16,397 | €10,137 | -€6,260 | -38.2% |
| Trade debts | 44 | €897 | €88 | -€809 | -90.2% |
| Suppliers | 440/4 | €897 | €88 | -€809 | -90.2% |
| Other amounts payable | 47/48 | €15,500 | €10,050 | -€5,450 | -35.2% |
| Remuneration, social security and pensions | 62 | €732 | - | -€732 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,463 | €4,111 | -€352 | -7.9% |
| Other operating charges | 640/8 | €255 | - | -€255 | |
| Gross operating margin | 9900 | €478 | -€728 | -€1,206 | |
| Operating profit (loss) | 9901 | -€4,973 | -€4,839 | +€134 | +2.7% |
| Financial charges | 65/66B | €95 | €79 | -€16 | -16.5% |
| Recurring financial charges | 65 | €95 | €79 | -€16 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,067 | -€4,918 | +€149 | +2.9% |
| Income taxes | 67/77 | €150 | - | -€150 | |
| Profit (loss) for the period | 9904 | -€5,218 | -€4,918 | +€300 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,218 | -€4,918 | +€300 | +5.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.