LP-2: 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.
LP-2
Largest movements
- Tangible fixed assets -€204,139
down €204,139 (-5.4%), from €3.8m to €3.6m
- Receivables within one year +€48,454
up €48,454 (+14.7%), from €329,788 to €378,242
of which Other amounts receivable: +€230,453
- Profit (loss) carried forward -€476,896
down €476,896 (-122.9%), from -€387,891 to -€864,786
- Other debts +€301,330
up €301,330 (+7.0%), from €4.3m to €4.6m
- Gross operating margin -€463,231
down €463,231, from €447,464 to -€15,767
- Other operating charges -€10,551
down €10,551 (-10.2%), from €103,060 to €92,509
- Depreciation +€5,781
up €5,781 (+2.5%), from €232,589 to €238,370
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 | €4,135,393 | €3,987,205 | -€148,188 | -3.6% |
| Fixed assets | 21/28 | €3,801,682 | €3,597,544 | -€204,139 | -5.4% |
| Tangible fixed assets | 22/27 | €3,801,682 | €3,597,544 | -€204,139 | -5.4% |
| Land and buildings | 22 | €3,801,682 | €3,597,544 | -€204,139 | -5.4% |
| Current assets | 29/58 | €333,711 | €389,661 | +€55,951 | +16.8% |
| Amounts receivable within one year | 40/41 | €329,788 | €378,242 | +€48,454 | +14.7% |
| Trade receivables | 40 | €209,788 | €27,789 | -€181,999 | -86.8% |
| Other amounts receivable | 41 | €120,000 | €350,453 | +€230,453 | +192.0% |
| Cash at bank and in hand | 54/58 | €2,512 | €6,393 | +€3,880 | +154.5% |
| Deferred charges and accrued income | 490/1 | €1,411 | €5,027 | +€3,616 | +256.4% |
| Total equity and liabilities | 10/49 | €4,135,393 | €3,987,205 | -€148,188 | -3.6% |
| Equity | 10/15 | -€326,391 | -€803,286 | -€476,896 | -146.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€387,891 | -€864,786 | -€476,896 | -122.9% |
| Amounts payable | 17/49 | €4,461,784 | €4,790,491 | +€328,707 | +7.4% |
| Amounts payable within one year | 42/48 | €4,330,454 | €4,655,822 | +€325,368 | +7.5% |
| Trade debts | 44 | €33,522 | €73,022 | +€39,500 | +117.8% |
| Suppliers | 440/4 | €33,522 | €73,022 | +€39,500 | +117.8% |
| Taxes, remuneration and social security | 45 | €15,462 | - | -€15,462 | |
| Taxes | 450/3 | €15,462 | - | -€15,462 | |
| Other amounts payable | 47/48 | €4,281,470 | €4,582,800 | +€301,330 | +7.0% |
| Accrued charges and deferred income | 492/3 | €131,330 | €134,669 | +€3,340 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232,589 | €238,370 | +€5,781 | +2.5% |
| Other operating charges | 640/8 | €103,060 | €92,509 | -€10,551 | -10.2% |
| Gross operating margin | 9900 | €447,464 | -€15,767 | -€463,231 | |
| Operating profit (loss) | 9901 | €111,816 | -€346,645 | -€458,461 | |
| Financial income | 75/76B | €1,411 | €5,027 | +€3,616 | +256.4% |
| Recurring financial income | 75 | €1,411 | €5,027 | +€3,616 | +256.4% |
| Financial charges | 65/66B | €131,928 | €135,277 | +€3,349 | +2.5% |
| Recurring financial charges | 65 | €131,928 | €135,277 | +€3,349 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,702 | -€476,896 | -€458,194 | -2450.0% |
| Profit (loss) for the period | 9904 | -€18,702 | -€476,896 | -€458,194 | -2450.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,702 | -€476,896 | -€458,194 | -2450.0% |
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 7 October 2026 via checked.be.