LMPH PARTNERS: 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.
LMPH PARTNERS
Largest movements
- Tangible fixed assets -€33,715
down €33,715 (-3.2%), from €1.1m to €1.0m
of which Land and buildings: -€30,558
- Receivables within one year -€24,162
down €24,162 (-76.3%), from €31,667 to €7,504
of which Trade receivables: -€23,822
- Debts after one year -€83,101
down €83,101 (-10.1%), from €825,126 to €742,025
of which Financial debts: -€49,601
- Profit (loss) carried forward +€53,172
up €53,172, from -€21,493 to €31,679
- Other debts -€32,232
down €32,232 (-24.9%), from €129,430 to €97,198
- Gross operating margin +€58,094
up €58,094 (+80.3%), from €72,361 to €130,455
- Write-downs -€24,000
down €24,000 (-100%), from €24,000 to €0
- Taxes +€4,367
new in 2025: €4,367
- Financial charges -€3,443
down €3,443 (-26.4%), from €13,032 to €9,589
- Depreciation +€1,628
up €1,628 (+3.1%), from €51,824 to €53,453
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 | €1,101,010 | €1,044,479 | -€56,531 | -5.1% |
| Fixed assets | 21/28 | €1,064,318 | €1,030,603 | -€33,715 | -3.2% |
| Tangible fixed assets | 22/27 | €1,064,318 | €1,030,603 | -€33,715 | -3.2% |
| Land and buildings | 22 | €985,775 | €955,217 | -€30,558 | -3.1% |
| Plant, machinery and equipment | 23 | €1,182 | €434 | -€748 | -63.3% |
| Furniture and vehicles | 24 | €73,494 | €71,638 | -€1,856 | -2.5% |
| Other tangible fixed assets | 26 | €3,867 | €3,314 | -€553 | -14.3% |
| Current assets | 29/58 | €36,692 | €13,876 | -€22,817 | -62.2% |
| Amounts receivable within one year | 40/41 | €31,667 | €7,504 | -€24,162 | -76.3% |
| Trade receivables | 40 | €26,206 | €2,384 | -€23,822 | -90.9% |
| Other amounts receivable | 41 | €5,461 | €5,121 | -€340 | -6.2% |
| Cash at bank and in hand | 54/58 | €4,782 | €5,757 | +€975 | +20.4% |
| Deferred charges and accrued income | 490/1 | €243 | €615 | +€371 | +153% |
| Total equity and liabilities | 10/49 | €1,101,010 | €1,044,479 | -€56,531 | -5.1% |
| Equity | 10/15 | €88,507 | €141,679 | +€53,172 | +60.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,493 | €31,679 | +€53,172 | |
| Amounts payable | 17/49 | €1,012,503 | €902,800 | -€109,703 | -10.8% |
| Amounts payable after more than one year | 17 | €825,126 | €742,025 | -€83,101 | -10.1% |
| Financial debts | 170/4 | €241,126 | €191,525 | -€49,601 | -20.6% |
| Other amounts payable | 178/9 | €584,000 | €550,500 | -€33,500 | -5.7% |
| Amounts payable within one year | 42/48 | €185,377 | €158,775 | -€26,602 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €49,601 | €49,601 | = | 0.0% |
| Trade debts | 44 | €3,605 | €2,072 | -€1,533 | -42.5% |
| Suppliers | 440/4 | €3,605 | €2,072 | -€1,533 | -42.5% |
| Advances received on contracts in progress | 46 | - | €5,283 | +€5,283 | |
| Taxes, remuneration and social security | 45 | €2,741 | €4,621 | +€1,880 | +68.6% |
| Taxes | 450/3 | €2,741 | €4,621 | +€1,880 | +68.6% |
| Other amounts payable | 47/48 | €129,430 | €97,198 | -€32,232 | -24.9% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,425 | €0 | -€1,425 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,824 | €53,453 | +€1,628 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,000 | €0 | -€24,000 | -100% |
| Other operating charges | 640/8 | €8,907 | €9,920 | +€1,013 | +11.4% |
| Gross operating margin | 9900 | €72,361 | €130,455 | +€58,094 | +80.3% |
| Operating profit (loss) | 9901 | -€12,371 | €67,082 | +€79,453 | |
| Financial income | 75/76B | €0 | €46 | +€45 | +10,821% |
| Recurring financial income | 75 | €0 | €46 | +€45 | +10,821% |
| Financial charges | 65/66B | €13,032 | €9,589 | -€3,443 | -26.4% |
| Recurring financial charges | 65 | €13,032 | €9,589 | -€3,443 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,402 | €57,539 | +€82,941 | |
| Income taxes | 67/77 | - | €4,367 | +€4,367 | |
| Profit (loss) for the period | 9904 | -€25,402 | €53,172 | +€78,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,402 | €53,172 | +€78,574 |
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 15 October 2026 via checked.be.