LNP: what changed
LNP
Largest movements
- Cash +€42,596
up €42,596 (+187%), from €22,788 to €65,384
mainly Depreciation (+€31,418) and Net result for the year (+€30,306)
- Tangible fixed assets -€31,418
down €31,418 (-5.7%), from €551,034 to €519,616
of which Land and buildings: -€29,878
- Receivables within one year -€8,600
down €8,600 (-100%), from €8,600 to €0
of which Other amounts receivable: -€8,600
- Reserves +€30,000
up €30,000 (+14.7%), from €203,786 to €233,786
of which Distributable reserves: +€30,000
- Current portion of long-term debt -€20,501
down €20,501 (-100%), from €20,501 to €0
- Other debts -€12,829
down €12,829 (-4.7%), from €270,380 to €257,551
- Taxes +€9,211
up €9,211 (+658%), from €1,400 to €10,611
- Gross operating margin +€6,705
up €6,705 (+8.9%), from €75,179 to €81,883
- Financial charges +€5,251
up €5,251 (+1,128%), from €466 to €5,716
- Depreciation -€1,019
down €1,019 (-3.1%), from €32,437 to €31,418
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,684 | €587,068 | +€3,384 | +0.6% |
| Fixed assets | 21/28 | €551,034 | €519,616 | -€31,418 | -5.7% |
| Tangible fixed assets | 22/27 | €551,034 | €519,616 | -€31,418 | -5.7% |
| Land and buildings | 22 | €546,286 | €516,408 | -€29,878 | -5.5% |
| Plant, machinery and equipment | 23 | €4,748 | €3,208 | -€1,540 | -32.4% |
| Current assets | 29/58 | €32,649 | €67,451 | +€34,802 | +107% |
| Amounts receivable within one year | 40/41 | €8,600 | €0 | -€8,600 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,600 | €0 | -€8,600 | -100% |
| Cash at bank and in hand | 54/58 | €22,788 | €65,384 | +€42,596 | +187% |
| Deferred charges and accrued income | 490/1 | €1,261 | €2,067 | +€806 | +63.9% |
| Total equity and liabilities | 10/49 | €583,684 | €587,068 | +€3,384 | +0.6% |
| Equity | 10/15 | €284,384 | €314,690 | +€30,306 | +10.7% |
| Contributions | 10/11 | €80,592 | €80,592 | = | 0.0% |
| Capital | 10 | €80,592 | €80,592 | = | 0.0% |
| Issued capital | 100 | €80,592 | €80,592 | = | 0.0% |
| Reserves | 13 | €203,786 | €233,786 | +€30,000 | +14.7% |
| Non-distributable reserves | 130/1 | €31,086 | €31,086 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,885 | €24,885 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,869 | €2,869 | = | 0.0% |
| Distributable reserves | 133 | €169,831 | €199,831 | +€30,000 | +17.7% |
| Profit (loss) carried forward | 14 | €6 | €311 | +€306 | +5,327% |
| Amounts payable | 17/49 | €299,299 | €272,378 | -€26,922 | -9.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €299,299 | €269,378 | -€29,922 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €20,501 | €0 | -€20,501 | -100% |
| Trade debts | 44 | €219 | €1,330 | +€1,111 | +508% |
| Suppliers | 440/4 | €219 | €1,330 | +€1,111 | +508% |
| Taxes, remuneration and social security | 45 | €8,200 | €10,497 | +€2,297 | +28.0% |
| Taxes | 450/3 | €8,200 | €10,497 | +€2,297 | +28.0% |
| Other amounts payable | 47/48 | €270,380 | €257,551 | -€12,829 | -4.7% |
| Accrued charges and deferred income | 492/3 | €0 | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,437 | €31,418 | -€1,019 | -3.1% |
| Other operating charges | 640/8 | €3,713 | €3,832 | +€119 | +3.2% |
| Gross operating margin | 9900 | €75,179 | €81,883 | +€6,705 | +8.9% |
| Operating profit (loss) | 9901 | €39,029 | €46,633 | +€7,604 | +19.5% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €466 | €5,716 | +€5,251 | +1,128% |
| Recurring financial charges | 65 | €466 | €5,716 | +€5,251 | +1,128% |
| Profit (loss) for the period before taxes | 9903 | €38,566 | €40,917 | +€2,351 | +6.1% |
| Income taxes | 67/77 | €1,400 | €10,611 | +€9,211 | +658% |
| Profit (loss) for the period | 9904 | €37,166 | €30,306 | -€6,860 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,166 | €30,306 | -€6,860 | -18.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.