LP-3: 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.
LP-3
Largest movements
- Tangible fixed assets -€415,295
down €415,295 (-6.0%), from €6.9m to €6.5m
- Receivables within one year +€382,525
up €382,525 (+48.4%), from €791,088 to €1.2m
of which Other amounts receivable: +€344,915
- Other debts +€236,586
up €236,586 (+3.1%), from €7.7m to €8.0m
- Profit (loss) carried forward -€218,095
down €218,095 (-62.0%), from -€351,543 to -€569,638
- Gross operating margin +€16,061
up €16,061 (+2.9%), from €559,484 to €575,545
- Financial income +€11,182
up €11,182 (+64.1%), from €17,444 to €28,626
- Financial charges +€8,095
up €8,095 (+3.4%), from €237,116 to €245,211
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 | €7,760,355 | €7,801,649 | +€41,294 | +0.5% |
| Fixed assets | 21/28 | €6,908,402 | €6,493,107 | -€415,295 | -6.0% |
| Tangible fixed assets | 22/27 | €6,868,402 | €6,453,107 | -€415,295 | -6.0% |
| Land and buildings | 22 | €6,868,402 | €6,453,107 | -€415,295 | -6.0% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €851,953 | €1,308,542 | +€456,589 | +53.6% |
| Amounts receivable within one year | 40/41 | €791,088 | €1,173,613 | +€382,525 | +48.4% |
| Trade receivables | 40 | €0 | €37,609 | +€37,609 | |
| Other amounts receivable | 41 | €791,088 | €1,136,003 | +€344,915 | +43.6% |
| Cash at bank and in hand | 54/58 | €43,422 | €106,304 | +€62,882 | +145% |
| Deferred charges and accrued income | 490/1 | €17,444 | €28,626 | +€11,182 | +64.1% |
| Total equity and liabilities | 10/49 | €7,760,355 | €7,801,649 | +€41,294 | +0.5% |
| Equity | 10/15 | -€290,043 | -€508,138 | -€218,095 | -75.2% |
| 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 | -€351,543 | -€569,638 | -€218,095 | -62.0% |
| Amounts payable | 17/49 | €8,050,398 | €8,309,788 | +€259,390 | +3.2% |
| Amounts payable within one year | 42/48 | €7,813,812 | €8,023,190 | +€209,378 | +2.7% |
| Trade debts | 44 | €84,121 | €56,913 | -€27,208 | -32.3% |
| Suppliers | 440/4 | €84,121 | €56,913 | -€27,208 | -32.3% |
| Other amounts payable | 47/48 | €7,729,691 | €7,966,277 | +€236,586 | +3.1% |
| Accrued charges and deferred income | 492/3 | €236,586 | €286,598 | +€50,012 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445,066 | €445,949 | +€882 | +0.2% |
| Other operating charges | 640/8 | €128,596 | €131,106 | +€2,510 | +2.0% |
| Gross operating margin | 9900 | €559,484 | €575,545 | +€16,061 | +2.9% |
| Operating profit (loss) | 9901 | -€14,179 | -€1,510 | +€12,669 | +89.4% |
| Financial income | 75/76B | €17,444 | €28,626 | +€11,182 | +64.1% |
| Recurring financial income | 75 | €17,444 | €28,626 | +€11,182 | +64.1% |
| Financial charges | 65/66B | €237,116 | €245,211 | +€8,095 | +3.4% |
| Recurring financial charges | 65 | €237,116 | €245,211 | +€8,095 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€233,851 | -€218,095 | +€15,756 | +6.7% |
| Profit (loss) for the period | 9904 | -€233,851 | -€218,095 | +€15,756 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€233,851 | -€218,095 | +€15,756 | +6.7% |
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 14 October 2026 via checked.be.