LMP-sales: 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-sales
Largest movements
- Cash +€36,994
up €36,994 (+39.5%), from €93,668 to €130,662
mainly Net result for the year (+€40,742) and Depreciation (+€8,002)
- Tangible fixed assets -€8,569
down €8,569 (-65.6%), from €13,070 to €4,501
of which Furniture and vehicles: -€6,692
- Intangible fixed assets -€6,125
no longer reported in 2025 (was €6,125)
- Receivables within one year +€5,483
up €5,483 (+103%), from €5,333 to €10,815
of which Other amounts receivable: +€6,810
- Stocks and contracts -€3,631
down €3,631 (-7.7%), from €47,327 to €43,696
- Reserves +€26,624
up €26,624 (+21.2%), from €125,869 to €152,494
- Trade debts -€2,827
down €2,827 (-20.3%), from €13,910 to €11,082
- Gross operating margin -€21,502
down €21,502 (-15.0%), from €143,313 to €121,811
- Depreciation -€7,725
down €7,725 (-49.1%), from €15,727 to €8,002
- Staff costs +€6,280
up €6,280 (+14.5%), from €43,439 to €49,719
- Taxes -€3,810
down €3,810 (-19.2%), from €19,809 to €15,998
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 | €172,129 | €197,257 | +€25,128 | +14.6% |
| Fixed assets | 21/28 | €24,529 | €9,835 | -€14,694 | -59.9% |
| Intangible fixed assets | 21 | €6,125 | - | -€6,125 | |
| Tangible fixed assets | 22/27 | €13,070 | €4,501 | -€8,569 | -65.6% |
| Plant, machinery and equipment | 23 | €6,378 | €4,501 | -€1,877 | -29.4% |
| Furniture and vehicles | 24 | €6,692 | - | -€6,692 | |
| Financial fixed assets | 28 | €5,334 | €5,334 | = | 0.0% |
| Current assets | 29/58 | €147,600 | €187,422 | +€39,822 | +27.0% |
| Stocks and contracts in progress | 3 | €47,327 | €43,696 | -€3,631 | -7.7% |
| Stocks | 30/36 | €47,327 | €43,696 | -€3,631 | -7.7% |
| Amounts receivable within one year | 40/41 | €5,333 | €10,815 | +€5,483 | +103% |
| Trade receivables | 40 | €3,123 | €1,796 | -€1,328 | -42.5% |
| Other amounts receivable | 41 | €2,209 | €9,020 | +€6,810 | +308% |
| Cash at bank and in hand | 54/58 | €93,668 | €130,662 | +€36,994 | +39.5% |
| Deferred charges and accrued income | 490/1 | €1,273 | €2,248 | +€976 | +76.7% |
| Total equity and liabilities | 10/49 | €172,129 | €197,257 | +€25,128 | +14.6% |
| Equity | 10/15 | €144,419 | €171,044 | +€26,624 | +18.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €125,869 | €152,494 | +€26,624 | +21.2% |
| Distributable reserves | 133 | €125,869 | €152,494 | +€26,624 | +21.2% |
| Amounts payable | 17/49 | €27,709 | €26,213 | -€1,496 | -5.4% |
| Amounts payable within one year | 42/48 | €24,239 | €21,486 | -€2,753 | -11.4% |
| Trade debts | 44 | €13,910 | €11,082 | -€2,827 | -20.3% |
| Suppliers | 440/4 | €13,910 | €11,082 | -€2,827 | -20.3% |
| Taxes, remuneration and social security | 45 | €10,329 | €10,404 | +€74 | +0.7% |
| Taxes | 450/3 | €4,043 | €3,345 | -€699 | -17.3% |
| Remuneration and social security | 454/9 | €6,286 | €7,059 | +€773 | +12.3% |
| Accrued charges and deferred income | 492/3 | €3,470 | €4,727 | +€1,257 | +36.2% |
| Non-recurring operating income | 76A | - | €7,905 | +€7,905 | |
| Remuneration, social security and pensions | 62 | €43,439 | €49,719 | +€6,280 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,727 | €8,002 | -€7,725 | -49.1% |
| Other operating charges | 640/8 | €1,257 | €1,094 | -€164 | -13.0% |
| Gross operating margin | 9900 | €143,313 | €121,811 | -€21,502 | -15.0% |
| Operating profit (loss) | 9901 | €82,889 | €62,996 | -€19,893 | -24.0% |
| Financial income | 75/76B | €34 | €5 | -€29 | -85.1% |
| Recurring financial income | 75 | €34 | €5 | -€29 | -85.1% |
| Financial charges | 65/66B | €5,550 | €6,261 | +€711 | +12.8% |
| Recurring financial charges | 65 | €5,550 | €6,261 | +€711 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €77,373 | €56,740 | -€20,632 | -26.7% |
| Income taxes | 67/77 | €19,809 | €15,998 | -€3,810 | -19.2% |
| Profit (loss) for the period | 9904 | €57,564 | €40,742 | -€16,822 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,564 | €40,742 | -€16,822 | -29.2% |
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 18 October 2026 via checked.be.