LMPRR: 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.
LMPRR
Largest movements
- Financial fixed assets -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Cash +€16,951
up €16,951 (+40.5%), from €41,832 to €58,783
mainly Investment in fixed assets (net) (+€18,079) and Depreciation (+€7,278)
- Tangible fixed assets -€5,367
down €5,367 (-20.4%), from €26,308 to €20,940
- Intangible fixed assets +€5,010
new in 2025: €5,010
- Receivables within one year +€1,385
up €1,385 (+11.6%), from €11,906 to €13,291
of which Other amounts receivable: +€5,245
- Debts after one year -€4,917
down €4,917 (-32.3%), from €15,240 to €10,323
- Profit (loss) carried forward -€3,699
down €3,699 (-8.1%), from €45,531 to €41,832
- Tax, wage and social debts +€2,079
up €2,079 (+27.0%), from €7,691 to €9,771
- Provisions +€25,000
new in 2025: €25,000
- Gross operating margin +€17,913
up €17,913 (+74.2%), from €24,151 to €42,063
- Depreciation +€6,339
up €6,339 (+675.3%), from €939 to €7,278
- Taxes +€3,084
up €3,084 (+66.3%), from €4,653 to €7,738
- Financial charges +€494
up €494 (+192.7%), from €257 to €751
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 | €105,807 | €99,318 | -€6,489 | -6.1% |
| Fixed assets | 21/28 | €51,308 | €25,951 | -€25,357 | -49.4% |
| Intangible fixed assets | 21 | - | €5,010 | +€5,010 | |
| Tangible fixed assets | 22/27 | €26,308 | €20,940 | -€5,367 | -20.4% |
| Furniture and vehicles | 24 | €26,308 | €20,940 | -€5,367 | -20.4% |
| Financial fixed assets | 28 | €25,000 | €0 | -€25,000 | -100.0% |
| Current assets | 29/58 | €54,499 | €73,368 | +€18,868 | +34.6% |
| Amounts receivable within one year | 40/41 | €11,906 | €13,291 | +€1,385 | +11.6% |
| Trade receivables | 40 | €11,906 | €8,047 | -€3,860 | -32.4% |
| Other amounts receivable | 41 | - | €5,245 | +€5,245 | |
| Cash at bank and in hand | 54/58 | €41,832 | €58,783 | +€16,951 | +40.5% |
| Deferred charges and accrued income | 490/1 | €761 | €1,293 | +€532 | +69.8% |
| Total equity and liabilities | 10/49 | €105,807 | €99,318 | -€6,489 | -6.1% |
| Equity | 10/15 | €72,531 | €68,832 | -€3,699 | -5.1% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,531 | €41,832 | -€3,699 | -8.1% |
| Amounts payable | 17/49 | €33,277 | €30,486 | -€2,790 | -8.4% |
| Amounts payable after more than one year | 17 | €15,240 | €10,323 | -€4,917 | -32.3% |
| Financial debts | 170/4 | €15,240 | €10,323 | -€4,917 | -32.3% |
| Amounts payable within one year | 42/48 | €18,037 | €20,163 | +€2,126 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €4,760 | €4,917 | +€157 | +3.3% |
| Trade debts | 44 | €210 | €475 | +€265 | +126.4% |
| Suppliers | 440/4 | €210 | €475 | +€265 | +126.4% |
| Taxes, remuneration and social security | 45 | €7,691 | €9,771 | +€2,079 | +27.0% |
| Taxes | 450/3 | €7,691 | €9,771 | +€2,079 | +27.0% |
| Other amounts payable | 47/48 | €5,375 | €5,000 | -€375 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €939 | €7,278 | +€6,339 | +675.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €25,000 | +€25,000 | |
| Other operating charges | 640/8 | €428 | - | -€428 | |
| Gross operating margin | 9900 | €24,151 | €42,063 | +€17,913 | +74.2% |
| Operating profit (loss) | 9901 | €22,784 | €9,786 | -€12,999 | -57.1% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €257 | €751 | +€494 | +192.7% |
| Recurring financial charges | 65 | €257 | €751 | +€494 | +192.7% |
| Profit (loss) for the period before taxes | 9903 | €22,528 | €9,039 | -€13,489 | -59.9% |
| Income taxes | 67/77 | €4,653 | €7,738 | +€3,084 | +66.3% |
| Profit (loss) for the period | 9904 | €17,875 | €1,301 | -€16,573 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,875 | €1,301 | -€16,573 | -92.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.