LMP-Experts: 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.
LMP-Experts
Largest movements
- Cash +€6,700
up €6,700 (+31.9%), from €20,977 to €27,676
mainly Depreciation (+€7,295) and Net result for the year (+€5,003)
- Tangible fixed assets -€6,660
down €6,660 (-47.6%), from €13,993 to €7,333
of which Plant, machinery and equipment: -€3,794
- Stocks and contracts +€1,703
up €1,703 (+42.6%), from €3,998 to €5,701
- Receivables within one year +€924
up €924 (+3.1%), from €29,626 to €30,550
of which Other amounts receivable: +€1,368
- Deferred charges and accrued income +€918
up €918 (+38.8%), from €2,368 to €3,286
- Reserves +€5,003
up €5,003 (+17.0%), from €29,477 to €34,480
- Advances received +€4,453
up €4,453 (+111.4%), from €3,998 to €8,451
- Tax, wage and social debts -€3,057
down €3,057 (-43.5%), from €7,022 to €3,965
- Current portion of long-term debt -€1,759
down €1,759 (-100.0%), from €1,759 to €0
- Gross operating margin +€4,809
up €4,809 (+27.6%), from €17,409 to €22,218
- Write-downs +€4,662
new in 2025: €4,662
- Depreciation -€4,471
down €4,471 (-38.0%), from €11,766 to €7,295
- Taxes +€1,486
up €1,486 (+95.3%), from €1,560 to €3,046
- Financial charges +€427
up €427 (+106.3%), from €402 to €829
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 | €70,961 | €74,547 | +€3,586 | +5.1% |
| Fixed assets | 21/28 | €13,993 | €7,333 | -€6,660 | -47.6% |
| Tangible fixed assets | 22/27 | €13,993 | €7,333 | -€6,660 | -47.6% |
| Plant, machinery and equipment | 23 | €4,976 | €1,182 | -€3,794 | -76.2% |
| Furniture and vehicles | 24 | €5,998 | €3,492 | -€2,506 | -41.8% |
| Other tangible fixed assets | 26 | €3,019 | €2,659 | -€360 | -11.9% |
| Current assets | 29/58 | €56,968 | €67,214 | +€10,246 | +18.0% |
| Stocks and contracts in progress | 3 | €3,998 | €5,701 | +€1,703 | +42.6% |
| Contracts in progress | 37 | €3,998 | €5,701 | +€1,703 | +42.6% |
| Amounts receivable within one year | 40/41 | €29,626 | €30,550 | +€924 | +3.1% |
| Trade receivables | 40 | €22,601 | €22,157 | -€444 | -2.0% |
| Other amounts receivable | 41 | €7,025 | €8,394 | +€1,368 | +19.5% |
| Cash at bank and in hand | 54/58 | €20,977 | €27,676 | +€6,700 | +31.9% |
| Deferred charges and accrued income | 490/1 | €2,368 | €3,286 | +€918 | +38.8% |
| Total equity and liabilities | 10/49 | €70,961 | €74,547 | +€3,586 | +5.1% |
| Equity | 10/15 | €34,477 | €39,480 | +€5,003 | +14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,477 | €34,480 | +€5,003 | +17.0% |
| Distributable reserves | 133 | €29,477 | €34,480 | +€5,003 | +17.0% |
| Amounts payable | 17/49 | €36,484 | €35,067 | -€1,417 | -3.9% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,784 | €15,067 | -€717 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €1,759 | €0 | -€1,759 | -100.0% |
| Trade debts | 44 | €3,006 | €2,651 | -€355 | -11.8% |
| Suppliers | 440/4 | €3,006 | €2,651 | -€355 | -11.8% |
| Advances received on contracts in progress | 46 | €3,998 | €8,451 | +€4,453 | +111.4% |
| Taxes, remuneration and social security | 45 | €7,022 | €3,965 | -€3,057 | -43.5% |
| Taxes | 450/3 | €7,022 | €3,965 | -€3,057 | -43.5% |
| Accrued charges and deferred income | 492/3 | €699 | €0 | -€699 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,766 | €7,295 | -€4,471 | -38.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,662 | +€4,662 | |
| Other operating charges | 640/8 | €1,591 | €1,896 | +€305 | +19.2% |
| Gross operating margin | 9900 | €17,409 | €22,218 | +€4,809 | +27.6% |
| Operating profit (loss) | 9901 | €4,052 | €8,365 | +€4,313 | +106.4% |
| Financial income | 75/76B | €225 | €513 | +€287 | +127.5% |
| Recurring financial income | 75 | €225 | €513 | +€287 | +127.5% |
| Financial charges | 65/66B | €402 | €829 | +€427 | +106.3% |
| Recurring financial charges | 65 | €402 | €829 | +€427 | +106.3% |
| Profit (loss) for the period before taxes | 9903 | €3,875 | €8,049 | +€4,173 | +107.7% |
| Income taxes | 67/77 | €1,560 | €3,046 | +€1,486 | +95.3% |
| Profit (loss) for the period | 9904 | €2,315 | €5,003 | +€2,687 | +116.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,315 | €5,003 | +€2,687 | +116.1% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.