LBP: what changed
Two fiscal 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.
LBP
Largest movements
- Receivables within one year -€9,609
down €9,609 (-93.4%), from €10,289 to €680
of which Other amounts receivable: -€4,908
- Receivables after one year +€4,805
up €4,805 (+7.7%), from €62,315 to €67,120
- Financial fixed assets +€3,000
up €3,000 (+857.1%), from €350 to €3,350
- Cash -€2,798
down €2,798 (-65.6%), from €4,267 to €1,469
mainly Tax, wage and social debts (-€7,714) and Receivables after one year (-€4,805)
- Deferred charges and accrued income +€1,618
up €1,618 (+372.4%), from €435 to €2,053
- Tax, wage and social debts -€7,714
down €7,714 (-49.4%), from €15,629 to €7,914
of which Taxes: -€5,392
- Trade debts +€6,230
up €6,230 (+1375.8%), from €453 to €6,683
- Profit (loss) carried forward -€4,041
new in 2025: -€4,041
- Debts after one year +€1,500
new in 2025: €1,500
- Accrued charges and deferred income +€817
new in 2025: €817
- Gross operating margin -€11,114
down €11,114 (-95.0%), from €11,702 to €588
- Taxes -€3,447
down €3,447 (-83.1%), from €4,146 to €700
- Financial income -€2,589
down €2,589 (-70.5%), from €3,670 to €1,081
- Other operating charges -€788
down €788 (-87.0%), from €906 to €118
- Financial charges -€490
down €490 (-13.8%), from €3,552 to €3,061
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.
Cash bridge derived
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 | €81,060 | €77,897 | -€3,163 | -3.9% |
| Fixed assets | 21/28 | €3,754 | €6,575 | +€2,821 | +75.1% |
| Tangible fixed assets | 22/27 | €3,404 | €3,225 | -€179 | -5.3% |
| Plant, machinery and equipment | 23 | €3,404 | €3,225 | -€179 | -5.3% |
| Financial fixed assets | 28 | €350 | €3,350 | +€3,000 | +857.1% |
| Current assets | 29/58 | €77,305 | €71,322 | -€5,984 | -7.7% |
| Amounts receivable after more than one year | 29 | €62,315 | €67,120 | +€4,805 | +7.7% |
| Other amounts receivable | 291 | €62,315 | €67,120 | +€4,805 | +7.7% |
| Amounts receivable within one year | 40/41 | €10,289 | €680 | -€9,609 | -93.4% |
| Trade receivables | 40 | €5,381 | €680 | -€4,701 | -87.4% |
| Other amounts receivable | 41 | €4,908 | - | -€4,908 | |
| Cash at bank and in hand | 54/58 | €4,267 | €1,469 | -€2,798 | -65.6% |
| Deferred charges and accrued income | 490/1 | €435 | €2,053 | +€1,618 | +372.4% |
| Total equity and liabilities | 10/49 | €81,060 | €77,897 | -€3,163 | -3.9% |
| Equity | 10/15 | €64,978 | €60,937 | -€4,041 | -6.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,978 | €63,978 | = | 0.0% |
| Distributable reserves | 133 | €63,978 | €63,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,041 | -€4,041 | |
| Amounts payable | 17/49 | €16,081 | €16,960 | +€878 | +5.5% |
| Amounts payable after more than one year | 17 | - | €1,500 | +€1,500 | |
| Other amounts payable | 178/9 | - | €1,500 | +€1,500 | |
| Amounts payable within one year | 42/48 | €16,081 | €14,643 | -€1,439 | -8.9% |
| Financial debts | 43 | - | €45 | +€45 | |
| Credit institutions | 430/8 | - | €45 | +€45 | |
| Trade debts | 44 | €453 | €6,683 | +€6,230 | +1375.8% |
| Suppliers | 440/4 | €453 | €6,683 | +€6,230 | +1375.8% |
| Taxes, remuneration and social security | 45 | €15,629 | €7,914 | -€7,714 | -49.4% |
| Taxes | 450/3 | €13,306 | €7,914 | -€5,392 | -40.5% |
| Remuneration and social security | 454/9 | €2,322 | - | -€2,322 | |
| Accrued charges and deferred income | 492/3 | - | €817 | +€817 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,609 | €1,831 | +€223 | +13.8% |
| Other operating charges | 640/8 | €906 | €118 | -€788 | -87.0% |
| Gross operating margin | 9900 | €11,702 | €588 | -€11,114 | -95.0% |
| Operating profit (loss) | 9901 | €9,187 | -€1,361 | -€10,549 | |
| Financial income | 75/76B | €3,670 | €1,081 | -€2,589 | -70.5% |
| Recurring financial income | 75 | €3,670 | €1,081 | -€2,589 | -70.5% |
| Financial charges | 65/66B | €3,552 | €3,061 | -€490 | -13.8% |
| Recurring financial charges | 65 | €3,552 | €3,061 | -€490 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €9,305 | -€3,342 | -€12,647 | |
| Income taxes | 67/77 | €4,146 | €700 | -€3,447 | -83.1% |
| Profit (loss) for the period | 9904 | €5,159 | -€4,041 | -€9,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,159 | -€4,041 | -€9,200 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.