LIPURE: 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.
LIPURE
Largest movements
- Tangible fixed assets -€49,840
down €49,840 (-5.0%), from €1.0m to €951,669
of which Land and buildings: -€42,813
- Debts after one year -€54,466
down €54,466 (-4.0%), from €1.4m to €1.3m
of which Financial debts: -€55,866
- Other debts -€20,000
down €20,000 (-8.0%), from €250,277 to €230,277
- Financial income +€16,366
up €16,366 (+439.9%), from €3,720 to €20,086
of which Financial income: +€19,893
- Financial charges -€5,857
down €5,857 (-14.9%), from €39,251 to €33,394
of which Non-recurring financial charges: -€16,843
- Gross operating margin +€2,696
up €2,696 (+2.7%), from €99,560 to €102,256
- Taxes +€1,837
up €1,837 (+310.7%), from €591 to €2,428
- Depreciation -€1,110
down €1,110 (-2.1%), from €53,422 to €52,312
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,812,554 | €1,773,606 | -€38,948 | -2.1% |
| Fixed assets | 21/28 | €1,776,241 | €1,726,401 | -€49,840 | -2.8% |
| Tangible fixed assets | 22/27 | €1,001,509 | €951,669 | -€49,840 | -5.0% |
| Land and buildings | 22 | €978,619 | €935,806 | -€42,813 | -4.4% |
| Furniture and vehicles | 24 | €22,890 | €15,863 | -€7,026 | -30.7% |
| Financial fixed assets | 28 | €774,732 | €774,732 | = | 0.0% |
| Current assets | 29/58 | €36,313 | €47,205 | +€10,891 | +30.0% |
| Amounts receivable within one year | 40/41 | €2,818 | €3,416 | +€598 | +21.2% |
| Trade receivables | 40 | €2,818 | €2,816 | -€2 | -0.1% |
| Other amounts receivable | 41 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €33,495 | €43,788 | +€10,293 | +30.7% |
| Total equity and liabilities | 10/49 | €1,812,554 | €1,773,606 | -€38,948 | -2.1% |
| Equity | 10/15 | €135,208 | €160,881 | +€25,673 | +19.0% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €6,659 | €16,608 | +€9,949 | +149.4% |
| Tax-exempt reserves | 132 | €4,799 | €4,799 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €11,809 | +€9,949 | +534.9% |
| Profit (loss) carried forward | 14 | €9,949 | €25,673 | +€15,724 | +158.1% |
| Amounts payable | 17/49 | €1,677,346 | €1,612,726 | -€64,621 | -3.9% |
| Amounts payable after more than one year | 17 | €1,363,536 | €1,309,070 | -€54,466 | -4.0% |
| Financial debts | 170/4 | €1,349,346 | €1,293,480 | -€55,866 | -4.1% |
| Other amounts payable | 178/9 | €14,190 | €15,590 | +€1,400 | +9.9% |
| Amounts payable within one year | 42/48 | €306,310 | €286,187 | -€20,123 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €54,113 | €54,896 | +€784 | +1.4% |
| Trade debts | 44 | €1,330 | €1,011 | -€318 | -23.9% |
| Suppliers | 440/4 | €1,330 | €1,011 | -€318 | -23.9% |
| Taxes, remuneration and social security | 45 | €591 | €3 | -€588 | -99.5% |
| Taxes | 450/3 | €591 | €3 | -€588 | -99.5% |
| Other amounts payable | 47/48 | €250,277 | €230,277 | -€20,000 | -8.0% |
| Accrued charges and deferred income | 492/3 | €7,500 | €17,468 | +€9,968 | +132.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,422 | €52,312 | -€1,110 | -2.1% |
| Other operating charges | 640/8 | €8,563 | €8,535 | -€29 | -0.3% |
| Gross operating margin | 9900 | €99,560 | €102,256 | +€2,696 | +2.7% |
| Operating profit (loss) | 9901 | €37,575 | €41,409 | +€3,834 | +10.2% |
| Financial income | 75/76B | €3,720 | €20,086 | +€16,366 | +439.9% |
| Recurring financial income | 75 | €193 | €20,086 | +€19,893 | +10318.5% |
| Non-recurring financial income | 76B | €3,527 | - | -€3,527 | |
| Financial charges | 65/66B | €39,251 | €33,394 | -€5,857 | -14.9% |
| Recurring financial charges | 65 | €22,408 | €33,394 | +€10,986 | +49.0% |
| Non-recurring financial charges | 66B | €16,843 | - | -€16,843 | |
| Profit (loss) for the period before taxes | 9903 | €2,044 | €28,101 | +€26,057 | +1274.8% |
| Income taxes | 67/77 | €591 | €2,428 | +€1,837 | +310.7% |
| Profit (loss) for the period | 9904 | €1,453 | €25,673 | +€24,220 | +1667.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,453 | €25,673 | +€24,220 | +1667.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.