LIPAJOU 4.0: what changed
What changed
LIPAJOU 4.0
NACE 47.621, Retail sale of newspapers and periodicals
filed annual accounts (NBB)
Net result for the year
€35,580
2024 · €26,480+€9,100
Equity
€147,461
2024 · €171,881-€24,420
Cash
€151,676
2024 · €154,484-€2,808
Balance sheet total
€322,821
2024 · €339,153-€16,333
Largest movements
Assets
- Receivables within one year -€8,827
down €8,827 (-21.0%), from €42,023 to €33,196
of which Other amounts receivable: -€4,986
- Tangible fixed assets -€7,424
down €7,424 (-22.2%), from €33,409 to €25,985
of which Plant, machinery and equipment: -€7,892
Equity and liabilities
- Other debts +€41,126
up €41,126 (+122%), from €33,833 to €74,959
- Reserves -€24,420
down €24,420 (-39.5%), from €61,860 to €37,440
of which Distributable reserves: -€24,420
- Trade debts -€21,281
down €21,281 (-23.9%), from €88,991 to €67,710
- Debts after one year -€8,346
down €8,346 (-49.7%), from €16,794 to €8,449
- Tax, wage and social debts -€3,463
down €3,463 (-24.2%), from €14,288 to €10,825
of which Remuneration and social security: -€4,206
Income statement
- Gross operating margin +€13,389
up €13,389 (+15.5%), from €86,125 to €99,514
- Taxes +€3,730
up €3,730 (+34.7%), from €10,756 to €14,486
- Staff costs +€2,711
up €2,711 (+8.6%), from €31,639 to €34,350
- Other operating charges -€1,474
down €1,474 (-54.6%), from €2,698 to €1,224
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€26,480
Gross operating margin
+€13,389
Staff costs
-€2,711
Depreciation
+€215
Other operating charges
+€1,474
Financial income
+€9
Financial charges
+€454
Taxes
-€3,730
Result 2025
€35,580
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€70,835
Investment
-€5,277
Financing
-€68,366
Cash 2024
€154,484
From operations (derived)
+€70,835
Net result for the year
+€35,580
Depreciation
+€12,700
Stocks and contracts
-€526
Receivables within one year
+€8,827
Deferred charges and accrued income
-€2,200
Trade debts
-€21,281
Tax, wage and social debts
-€3,463
Other debts
+€41,126
Accrued charges and deferred income
+€71
Investment (derived)
-€5,277
Investment in fixed assets (net)
-€5,277
Financing
-€68,366
Debts after one year
-€8,346
Current portion of long-term debt
-€21
Contributions, distributions and other
-€60,000
Cash 2025
€151,676
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,153 | €322,821 | -€16,333 | -4.8% |
| Fixed assets | 21/28 | €33,682 | €26,258 | -€7,424 | -22.0% |
| Tangible fixed assets | 22/27 | €33,409 | €25,985 | -€7,424 | -22.2% |
| Plant, machinery and equipment | 23 | €22,629 | €14,737 | -€7,892 | -34.9% |
| Furniture and vehicles | 24 | €7,551 | €3,944 | -€3,607 | -47.8% |
| Other tangible fixed assets | 26 | €3,228 | €7,304 | +€4,076 | +126% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €305,471 | €296,562 | -€8,909 | -2.9% |
| Stocks and contracts in progress | 3 | €107,429 | €107,955 | +€526 | +0.5% |
| Stocks | 30/36 | €107,429 | €107,955 | +€526 | +0.5% |
| Amounts receivable within one year | 40/41 | €42,023 | €33,196 | -€8,827 | -21.0% |
| Trade receivables | 40 | €35,023 | €31,182 | -€3,841 | -11.0% |
| Other amounts receivable | 41 | €7,000 | €2,014 | -€4,986 | -71.2% |
| Cash at bank and in hand | 54/58 | €154,484 | €151,676 | -€2,808 | -1.8% |
| Deferred charges and accrued income | 490/1 | €1,535 | €3,735 | +€2,200 | +143% |
| Total equity and liabilities | 10/49 | €339,153 | €322,821 | -€16,333 | -4.8% |
| Equity | 10/15 | €171,881 | €147,461 | -€24,420 | -14.2% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €61,860 | €37,440 | -€24,420 | -39.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €35,580 | -€24,420 | -40.7% |
| Profit (loss) carried forward | 14 | €100,721 | €100,721 | = | 0.0% |
| Amounts payable | 17/49 | €167,272 | €175,360 | +€8,087 | +4.8% |
| Amounts payable after more than one year | 17 | €16,794 | €8,449 | -€8,346 | -49.7% |
| Financial debts | 170/4 | €16,794 | €8,449 | -€8,346 | -49.7% |
| Amounts payable within one year | 42/48 | €150,478 | €166,840 | +€16,362 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €13,366 | €13,346 | -€21 | -0.2% |
| Trade debts | 44 | €88,991 | €67,710 | -€21,281 | -23.9% |
| Suppliers | 440/4 | €88,991 | €67,710 | -€21,281 | -23.9% |
| Taxes, remuneration and social security | 45 | €14,288 | €10,825 | -€3,463 | -24.2% |
| Taxes | 450/3 | €7,548 | €8,291 | +€743 | +9.8% |
| Remuneration and social security | 454/9 | €6,740 | €2,535 | -€4,206 | -62.4% |
| Other amounts payable | 47/48 | €33,833 | €74,959 | +€41,126 | +122% |
| Accrued charges and deferred income | 492/3 | - | €71 | +€71 | |
| Remuneration, social security and pensions | 62 | €31,639 | €34,350 | +€2,711 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,915 | €12,700 | -€215 | -1.7% |
| Other operating charges | 640/8 | €2,698 | €1,224 | -€1,474 | -54.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,125 | €99,514 | +€13,389 | +15.5% |
| Operating profit (loss) | 9901 | €38,873 | €51,240 | +€12,366 | +31.8% |
| Financial income | 75/76B | €303 | €312 | +€9 | +3.0% |
| Recurring financial income | 75 | €303 | €312 | +€9 | +3.0% |
| Financial charges | 65/66B | €1,940 | €1,486 | -€454 | -23.4% |
| Recurring financial charges | 65 | €1,940 | €1,486 | -€454 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €37,236 | €50,066 | +€12,830 | +34.5% |
| Income taxes | 67/77 | €10,756 | €14,486 | +€3,730 | +34.7% |
| Profit (loss) for the period | 9904 | €26,480 | €35,580 | +€9,100 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,480 | €35,580 | +€9,100 | +34.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.