L.P. PROJET: 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. PROJET
Largest movements
- Receivables within one year +€8,966
new in 2025: €8,966
- Stocks and contracts +€6,312
new in 2025: €6,312
- Tangible fixed assets -€5,664
down €5,664 (-3.5%), from €160,153 to €154,489
of which Land and buildings: -€3,534
- Other debts +€17,754
up €17,754 (+37.3%), from €47,548 to €65,302
- Profit (loss) carried forward -€12,901
down €12,901 (-25.6%), from -€50,306 to -€63,207
- Trade debts +€9,121
up €9,121 (+11,028%), from €83 to €9,204
- Debts after one year -€4,692
down €4,692 (-3.9%), from €118,861 to €114,169
- Turnover +€6,702
new in 2025: €6,702
- Gross operating margin +€6,363
up €6,363, from -€4,239 to €2,124
- Purchases and services +€4,578
new in 2025: €4,578
- Other operating charges -€3,914
down €3,914 (-96.7%), from €4,049 to €134
- Financial charges +€805
up €805 (+14.1%), from €5,688 to €6,493
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 | €161,023 | €171,027 | +€10,004 | +6.2% |
| Fixed assets | 21/28 | €160,153 | €154,489 | -€5,664 | -3.5% |
| Tangible fixed assets | 22/27 | €160,153 | €154,489 | -€5,664 | -3.5% |
| Land and buildings | 22 | €111,060 | €107,526 | -€3,534 | -3.2% |
| Plant, machinery and equipment | 23 | €49,093 | €46,963 | -€2,130 | -4.3% |
| Current assets | 29/58 | €870 | €16,538 | +€15,668 | +1,801% |
| Stocks and contracts in progress | 3 | - | €6,312 | +€6,312 | |
| Stocks | 30/36 | - | €6,312 | +€6,312 | |
| Amounts receivable within one year | 40/41 | - | €8,966 | +€8,966 | |
| Trade receivables | 40 | - | €8,966 | +€8,966 | |
| Cash at bank and in hand | 54/58 | €870 | €1,260 | +€390 | +44.9% |
| Total equity and liabilities | 10/49 | €161,023 | €171,027 | +€10,004 | +6.2% |
| Equity | 10/15 | -€10,306 | -€23,207 | -€12,901 | -125% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,306 | -€63,207 | -€12,901 | -25.6% |
| Amounts payable | 17/49 | €171,329 | €194,235 | +€22,905 | +13.4% |
| Amounts payable after more than one year | 17 | €118,861 | €114,169 | -€4,692 | -3.9% |
| Financial debts | 170/4 | €118,861 | €114,169 | -€4,692 | -3.9% |
| Amounts payable within one year | 42/48 | €52,105 | €79,197 | +€27,092 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €4,475 | €4,692 | +€217 | +4.9% |
| Trade debts | 44 | €83 | €9,204 | +€9,121 | +11,028% |
| Suppliers | 440/4 | €83 | €9,204 | +€9,121 | +11,028% |
| Other amounts payable | 47/48 | €47,548 | €65,302 | +€17,754 | +37.3% |
| Accrued charges and deferred income | 492/3 | €363 | €869 | +€505 | +139% |
| Turnover | 70 | - | €6,702 | +€6,702 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,578 | +€4,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,299 | €8,398 | +€98 | +1.2% |
| Other operating charges | 640/8 | €4,049 | €134 | -€3,914 | -96.7% |
| Gross operating margin | 9900 | -€4,239 | €2,124 | +€6,363 | |
| Operating profit (loss) | 9901 | -€16,587 | -€6,408 | +€10,179 | +61.4% |
| Financial charges | 65/66B | €5,688 | €6,493 | +€805 | +14.1% |
| Recurring financial charges | 65 | €5,688 | €6,493 | +€805 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,275 | -€12,901 | +€9,374 | +42.1% |
| Profit (loss) for the period | 9904 | -€22,275 | -€12,901 | +€9,374 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,275 | -€12,901 | +€9,374 | +42.1% |
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 16 October 2026 via checked.be.