Larpino: 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.
Larpino
Largest movements
- Current investments +€268,473
up €268,473, from €0 to €268,473
- Reserves +€597,174
up €597,174 (+8.6%), from €6.9m to €7.5m
- Debts after one year -€551,109
down €551,109 (-17.9%), from €3.1m to €2.5m
- Other debts +€235,223
up €235,223 (+23,522,301%), from €1 to €235,224
- Financial income -€1.3m
down €1.3m (-49.1%), from €2.6m to €1.3m
- Financial charges +€28,466
up €28,466 (+38.7%), from €73,589 to €102,055
- Taxes -€1,422
down €1,422 (-100%), from €1,422 to €0
- Gross operating margin -€1,201
down €1,201 (-24.1%), from -€4,975 to -€6,176
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 | €20,614,750 | €20,911,392 | +€296,642 | +1.4% |
| Fixed assets | 21/28 | €20,547,025 | €20,547,025 | = | 0.0% |
| Financial fixed assets | 28 | €20,547,025 | €20,547,025 | = | 0.0% |
| Current assets | 29/58 | €67,726 | €364,367 | +€296,642 | +438% |
| Amounts receivable within one year | 40/41 | €5,904 | €37,374 | +€31,470 | +533% |
| Trade receivables | 40 | €5,557 | €0 | -€5,557 | -100% |
| Other amounts receivable | 41 | €347 | €37,374 | +€37,027 | +10,668% |
| Current investments | 50/53 | €0 | €268,473 | +€268,473 | |
| Cash at bank and in hand | 54/58 | €61,821 | €58,520 | -€3,301 | -5.3% |
| Total equity and liabilities | 10/49 | €20,614,750 | €20,911,392 | +€296,642 | +1.4% |
| Equity | 10/15 | €16,958,262 | €17,555,436 | +€597,174 | +3.5% |
| Contributions | 10/11 | €10,023,462 | €10,023,462 | = | 0.0% |
| Reserves | 13 | €6,934,800 | €7,531,974 | +€597,174 | +8.6% |
| Distributable reserves | 133 | €6,934,800 | €7,531,974 | +€597,174 | +8.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,656,488 | €3,355,956 | -€300,532 | -8.2% |
| Amounts payable after more than one year | 17 | €3,073,423 | €2,522,314 | -€551,109 | -17.9% |
| Financial debts | 170/4 | €3,073,423 | €2,522,314 | -€551,109 | -17.9% |
| Amounts payable within one year | 42/48 | €583,065 | €833,642 | +€250,577 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €579,083 | €596,155 | +€17,072 | +2.9% |
| Trade debts | 44 | €3,981 | €741 | -€3,240 | -81.4% |
| Suppliers | 440/4 | €3,981 | €741 | -€3,240 | -81.4% |
| Taxes, remuneration and social security | 45 | €0 | €1,522 | +€1,522 | |
| Taxes | 450/3 | €0 | €1,522 | +€1,522 | |
| Other amounts payable | 47/48 | €1 | €235,224 | +€235,223 | +23,522,301% |
| Other operating charges | 640/8 | €1,627 | €1,671 | +€44 | +2.7% |
| Gross operating margin | 9900 | -€4,975 | -€6,176 | -€1,201 | -24.1% |
| Operating profit (loss) | 9901 | -€6,602 | -€7,847 | -€1,245 | -18.9% |
| Financial income | 75/76B | €2,592,376 | €1,320,072 | -€1.3m | -49.1% |
| Recurring financial income | 75 | €2,592,376 | €1,320,072 | -€1.3m | -49.1% |
| Financial charges | 65/66B | €73,589 | €102,055 | +€28,466 | +38.7% |
| Recurring financial charges | 65 | €73,589 | €102,055 | +€28,466 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €2,512,185 | €1,210,170 | -€1.3m | -51.8% |
| Income taxes | 67/77 | €1,422 | €0 | -€1,422 | -100% |
| Profit (loss) for the period | 9904 | €2,510,763 | €1,210,170 | -€1.3m | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,510,763 | €1,210,170 | -€1.3m | -51.8% |
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 31 October 2026 via checked.be.