L & P PRODUC TS: 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 PRODUC TS
Largest movements
- Receivables within one year +€10,691
up €10,691 (+53.8%), from €19,867 to €30,558
of which Other amounts receivable: +€10,135
- Cash -€5,606
down €5,606 (-45.2%), from €12,400 to €6,794
mainly Receivables within one year (-€10,691) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets +€2,247
up €2,247 (+98.9%), from €2,273 to €4,520
of which Furniture and vehicles: +€1,561
- Intangible fixed assets -€976
down €976 (-15.2%), from €6,426 to €5,450
- Trade debts +€8,088
up €8,088 (+719%), from €1,125 to €9,213
- Other debts -€8,000
down €8,000 (-44.4%), from €18,000 to €10,000
- Profit (loss) carried forward +€2,813
up €2,813 (+20.3%), from €13,877 to €16,690
- Debts after one year +€1,954
new in 2025: €1,954
- Current portion of long-term debt +€1,607
new in 2025: €1,607
- Gross operating margin -€11,262
down €11,262 (-37.5%), from €30,012 to €18,750
- Other operating charges -€810
down €810 (-31.9%), from €2,543 to €1,733
- Financial charges +€551
up €551 (+3,760%), from €15 to €566
- Taxes -€304
down €304 (-17.6%), from €1,734 to €1,429
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 | €44,475 | €50,922 | +€6,448 | +14.5% |
| Fixed assets | 21/28 | €8,699 | €9,970 | +€1,271 | +14.6% |
| Intangible fixed assets | 21 | €6,426 | €5,450 | -€976 | -15.2% |
| Tangible fixed assets | 22/27 | €2,273 | €4,520 | +€2,247 | +98.9% |
| Plant, machinery and equipment | 23 | €778 | €1,464 | +€686 | +88.2% |
| Furniture and vehicles | 24 | €1,496 | €3,057 | +€1,561 | +104% |
| Current assets | 29/58 | €35,776 | €40,952 | +€5,177 | +14.5% |
| Stocks and contracts in progress | 3 | €3,509 | €3,601 | +€91 | +2.6% |
| Stocks | 30/36 | €3,509 | €3,601 | +€91 | +2.6% |
| Amounts receivable within one year | 40/41 | €19,867 | €30,558 | +€10,691 | +53.8% |
| Trade receivables | 40 | €3,209 | €3,765 | +€555 | +17.3% |
| Other amounts receivable | 41 | €16,658 | €26,793 | +€10,135 | +60.8% |
| Cash at bank and in hand | 54/58 | €12,400 | €6,794 | -€5,606 | -45.2% |
| Total equity and liabilities | 10/49 | €44,475 | €50,922 | +€6,448 | +14.5% |
| Equity | 10/15 | €20,859 | €23,672 | +€2,813 | +13.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €782 | €782 | = | 0.0% |
| Non-distributable reserves | 130/1 | €782 | €782 | = | 0.0% |
| Reserves not available under the articles | 1311 | €782 | €782 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,877 | €16,690 | +€2,813 | +20.3% |
| Amounts payable | 17/49 | €23,616 | €27,251 | +€3,635 | +15.4% |
| Amounts payable after more than one year | 17 | - | €1,954 | +€1,954 | |
| Financial debts | 170/4 | - | €1,954 | +€1,954 | |
| Amounts payable within one year | 42/48 | €23,616 | €25,296 | +€1,680 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,607 | +€1,607 | |
| Trade debts | 44 | €1,125 | €9,213 | +€8,088 | +719% |
| Suppliers | 440/4 | €1,125 | €9,213 | +€8,088 | +719% |
| Taxes, remuneration and social security | 45 | €4,491 | €4,476 | -€15 | -0.3% |
| Taxes | 450/3 | €4,491 | €4,476 | -€15 | -0.3% |
| Other amounts payable | 47/48 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,214 | €2,225 | +€11 | +0.5% |
| Other operating charges | 640/8 | €2,543 | €1,733 | -€810 | -31.9% |
| Gross operating margin | 9900 | €30,012 | €18,750 | -€11,262 | -37.5% |
| Operating profit (loss) | 9901 | €25,255 | €14,792 | -€10,463 | -41.4% |
| Financial income | 75/76B | €11 | €16 | +€5 | +47.9% |
| Recurring financial income | 75 | €11 | €16 | +€5 | +47.9% |
| Financial charges | 65/66B | €15 | €566 | +€551 | +3,760% |
| Recurring financial charges | 65 | €15 | €566 | +€551 | +3,760% |
| Profit (loss) for the period before taxes | 9903 | €25,251 | €14,242 | -€11,009 | -43.6% |
| Income taxes | 67/77 | €1,734 | €1,429 | -€304 | -17.6% |
| Profit (loss) for the period | 9904 | €23,518 | €12,813 | -€10,705 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,518 | €12,813 | -€10,705 | -45.5% |
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 29 October 2026 via checked.be.