Lippens Projects: 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.
Lippens Projects
Largest movements
- Current investments +€7,781
new in 2025: €7,781
- Receivables within one year +€1,372
up €1,372 (+372%), from €369 to €1,740
of which Trade receivables: +€1,558
- Cash -€734
no longer reported in 2025 (was €734)
mainly Current investments (-€7,781) and Receivables within one year (-€1,372)
- Deferred charges and accrued income -€384
no longer reported in 2025 (was €384)
- Tax, wage and social debts +€5,662
new in 2025: €5,662
- Trade debts +€3,059
up €3,059 (+734%), from €417 to €3,476
- Profit (loss) carried forward -€687
down €687 (-6.1%), from -€11,330 to -€12,017
- Gross operating margin +€2,985
up €2,985, from -€241 to €2,743
- Staff costs +€2,160
up €2,160 (+1,802%), from €120 to €2,279
- Other operating charges +€431
up €431 (+68.0%), from €633 to €1,064
- Financial charges +€57
up €57 (+191%), from €30 to €87
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 | €1,487 | €9,522 | +€8,035 | +540% |
| Current assets | 29/58 | €1,487 | €9,522 | +€8,035 | +540% |
| Amounts receivable within one year | 40/41 | €369 | €1,740 | +€1,372 | +372% |
| Trade receivables | 40 | €0 | €1,558 | +€1,558 | |
| Other amounts receivable | 41 | €369 | €183 | -€186 | -50.5% |
| Current investments | 50/53 | - | €7,781 | +€7,781 | |
| Cash at bank and in hand | 54/58 | €734 | - | -€734 | |
| Deferred charges and accrued income | 490/1 | €384 | - | -€384 | |
| Total equity and liabilities | 10/49 | €1,487 | €9,522 | +€8,035 | +540% |
| Equity | 10/15 | €1,070 | €383 | -€687 | -64.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€11,330 | -€12,017 | -€687 | -6.1% |
| Amounts payable | 17/49 | €417 | €9,138 | +€8,721 | +2,092% |
| Amounts payable within one year | 42/48 | €417 | €9,138 | +€8,721 | +2,092% |
| Trade debts | 44 | €417 | €3,476 | +€3,059 | +734% |
| Suppliers | 440/4 | €417 | €3,476 | +€3,059 | +734% |
| Taxes, remuneration and social security | 45 | - | €5,662 | +€5,662 | |
| Taxes | 450/3 | - | €5,662 | +€5,662 | |
| Remuneration, social security and pensions | 62 | €120 | €2,279 | +€2,160 | +1,802% |
| Other operating charges | 640/8 | €633 | €1,064 | +€431 | +68.0% |
| Gross operating margin | 9900 | -€241 | €2,743 | +€2,985 | |
| Operating profit (loss) | 9901 | -€994 | -€600 | +€394 | +39.7% |
| Financial charges | 65/66B | €30 | €87 | +€57 | +191% |
| Recurring financial charges | 65 | €30 | €87 | +€57 | +191% |
| Profit (loss) for the period before taxes | 9903 | -€1,024 | -€687 | +€338 | +33.0% |
| Profit (loss) for the period | 9904 | -€1,024 | -€687 | +€338 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,024 | -€687 | +€338 | +33.0% |
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 13 October 2026 via checked.be.