L-P Management: 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-P Management
Largest movements
- Current investments +€21,802
up €21,802 (+92.9%), from €23,457 to €45,259
- Receivables within one year +€11,747
up €11,747 (+8.6%), from €137,274 to €149,021
of which Other amounts receivable: +€43,902
- Cash +€3,470
new in 2025: €3,470
mainly Other debts (+€130,723) and Net result for the year (+€110,196)
- Other debts +€130,723
up €130,723 (+197%), from €66,356 to €197,079
- Profit (loss) carried forward -€86,083
down €86,083 (-50.8%), from €169,606 to €83,523
- Trade debts -€20,900
down €20,900 (-76.9%), from €27,189 to €6,289
- Tax, wage and social debts +€12,313
up €12,313 (+92.3%), from €13,342 to €25,655
- Gross operating margin +€83,052
up €83,052 (+125%), from €66,352 to €149,404
- Taxes +€23,278
up €23,278 (+201%), from €11,561 to €34,839
- Other operating charges -€16,362
down €16,362 (-93.1%), from €17,575 to €1,212
- Financial charges -€9,344
down €9,344 (-89.1%), from €10,490 to €1,146
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 | €295,093 | €331,146 | +€36,053 | +12.2% |
| Fixed assets | 21/28 | €130,602 | €128,710 | -€1,892 | -1.4% |
| Tangible fixed assets | 22/27 | €130,602 | €128,710 | -€1,892 | -1.4% |
| Land and buildings | 22 | €123,485 | €120,455 | -€3,030 | -2.5% |
| Plant, machinery and equipment | 23 | - | €2,042 | +€2,042 | |
| Furniture and vehicles | 24 | €7,117 | €6,213 | -€904 | -12.7% |
| Current assets | 29/58 | €164,491 | €202,436 | +€37,945 | +23.1% |
| Amounts receivable within one year | 40/41 | €137,274 | €149,021 | +€11,747 | +8.6% |
| Trade receivables | 40 | €41,155 | €9,000 | -€32,155 | -78.1% |
| Other amounts receivable | 41 | €96,120 | €140,021 | +€43,902 | +45.7% |
| Current investments | 50/53 | €23,457 | €45,259 | +€21,802 | +92.9% |
| Cash at bank and in hand | 54/58 | - | €3,470 | +€3,470 | |
| Deferred charges and accrued income | 490/1 | €3,760 | €4,686 | +€926 | +24.6% |
| Total equity and liabilities | 10/49 | €295,093 | €331,146 | +€36,053 | +12.2% |
| Equity | 10/15 | €188,206 | €102,123 | -€86,083 | -45.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,606 | €83,523 | -€86,083 | -50.8% |
| Amounts payable | 17/49 | €106,887 | €229,023 | +€122,136 | +114% |
| Amounts payable within one year | 42/48 | €106,887 | €229,023 | +€122,136 | +114% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €27,189 | €6,289 | -€20,900 | -76.9% |
| Suppliers | 440/4 | €27,189 | €6,289 | -€20,900 | -76.9% |
| Taxes, remuneration and social security | 45 | €13,342 | €25,655 | +€12,313 | +92.3% |
| Taxes | 450/3 | €13,342 | €25,655 | +€12,313 | +92.3% |
| Other amounts payable | 47/48 | €66,356 | €197,079 | +€130,723 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,776 | €4,086 | +€1,310 | +47.2% |
| Other operating charges | 640/8 | €17,575 | €1,212 | -€16,362 | -93.1% |
| Gross operating margin | 9900 | €66,352 | €149,404 | +€83,052 | +125% |
| Operating profit (loss) | 9901 | €46,000 | €144,105 | +€98,105 | +213% |
| Financial income | 75/76B | €2,995 | €2,075 | -€920 | -30.7% |
| Recurring financial income | 75 | €2,995 | €2,075 | -€920 | -30.7% |
| Financial charges | 65/66B | €10,490 | €1,146 | -€9,344 | -89.1% |
| Recurring financial charges | 65 | €10,490 | €1,146 | -€9,344 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | €38,506 | €145,035 | +€106,529 | +277% |
| Income taxes | 67/77 | €11,561 | €34,839 | +€23,278 | +201% |
| Profit (loss) for the period | 9904 | €26,945 | €110,196 | +€83,251 | +309% |
| Profit (loss) for the period to be appropriated | 9905 | €26,945 | €110,196 | +€83,251 | +309% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.