LIP BELUX: 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.
LIP BELUX
Largest movements
- Receivables within one year -€34,204
down €34,204 (-59.7%), from €57,257 to €23,053
of which Trade receivables: -€32,843
- Deferred charges and accrued income +€19,980
new in 2025: €19,980
- Cash -€5,133
down €5,133 (-6.2%), from €83,119 to €77,986
mainly Deferred charges and accrued income (-€19,980) and Net result for the year (-€9,348)
- Profit (loss) carried forward -€9,348
down €9,348 (-18,001%), from -€52 to -€9,400
- Trade debts -€7,767
down €7,767 (-14.9%), from €52,074 to €44,307
- Gross operating margin -€15,909
down €15,909, from €9,683 to -€6,226
- Taxes -€3,523
down €3,523 (-90.8%), from €3,881 to €358
- Depreciation +€513
up €513 (+270%), from €190 to €703
- Financial charges +€124
up €124 (+52.0%), from €238 to €362
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 | €143,818 | €125,417 | -€18,402 | -12.8% |
| Fixed assets | 21/28 | €3,442 | €4,399 | +€957 | +27.8% |
| Tangible fixed assets | 22/27 | €1,942 | €2,899 | +€957 | +49.3% |
| Plant, machinery and equipment | 23 | - | €1,383 | +€1,383 | |
| Furniture and vehicles | 24 | €1,942 | €1,516 | -€426 | -22.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €140,376 | €121,018 | -€19,358 | -13.8% |
| Amounts receivable within one year | 40/41 | €57,257 | €23,053 | -€34,204 | -59.7% |
| Trade receivables | 40 | €53,638 | €20,795 | -€32,843 | -61.2% |
| Other amounts receivable | 41 | €3,620 | €2,258 | -€1,362 | -37.6% |
| Cash at bank and in hand | 54/58 | €83,119 | €77,986 | -€5,133 | -6.2% |
| Deferred charges and accrued income | 490/1 | - | €19,980 | +€19,980 | |
| Total equity and liabilities | 10/49 | €143,818 | €125,417 | -€18,402 | -12.8% |
| Equity | 10/15 | €19,948 | €10,600 | -€9,348 | -46.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52 | -€9,400 | -€9,348 | -18,001% |
| Provisions and deferred taxes | 16 | €45,519 | €45,519 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €45,519 | €45,519 | = | 0.0% |
| Pensions and similar obligations | 160 | €45,519 | €45,519 | = | 0.0% |
| Amounts payable | 17/49 | €78,351 | €69,298 | -€9,053 | -11.6% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,351 | €49,298 | -€9,053 | -15.5% |
| Trade debts | 44 | €52,074 | €44,307 | -€7,767 | -14.9% |
| Suppliers | 440/4 | €52,074 | €44,307 | -€7,767 | -14.9% |
| Taxes, remuneration and social security | 45 | €1,965 | €857 | -€1,108 | -56.4% |
| Taxes | 450/3 | €1,965 | €857 | -€1,108 | -56.4% |
| Other amounts payable | 47/48 | €4,313 | €4,135 | -€179 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €703 | +€513 | +270% |
| Other operating charges | 640/8 | €1,714 | €1,717 | +€2 | +0.1% |
| Gross operating margin | 9900 | €9,683 | -€6,226 | -€15,909 | |
| Operating profit (loss) | 9901 | €7,779 | -€8,646 | -€16,424 | |
| Financial income | 75/76B | €2 | €17 | +€15 | +677% |
| Recurring financial income | 75 | €2 | €17 | +€15 | +677% |
| Financial charges | 65/66B | €238 | €362 | +€124 | +52.0% |
| Recurring financial charges | 65 | €238 | €362 | +€124 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €7,543 | -€8,991 | -€16,533 | |
| Income taxes | 67/77 | €3,881 | €358 | -€3,523 | -90.8% |
| Profit (loss) for the period | 9904 | €3,662 | -€9,348 | -€13,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,662 | -€9,348 | -€13,010 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.