LP ENERGIES: 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 ENERGIES
Largest movements
- Current investments +€125,064
new in 2025: €125,064
- Cash -€70,768
down €70,768 (-74.0%), from €95,654 to €24,886
mainly Current investments (-€125,064) and Contributions, distributions and other (-€86,583)
- Receivables within one year -€25,968
down €25,968 (-24.8%), from €104,813 to €78,845
of which Other amounts receivable: -€22,877
- Tangible fixed assets -€5,719
down €5,719 (-43.7%), from €13,075 to €7,357
of which Furniture and vehicles: -€6,977
- Stocks and contracts -€5,016
down €5,016 (-25.0%), from €20,081 to €15,065
- Other debts +€77,876
up €77,876 (+864%), from €9,016 to €86,892
- Reserves -€63,687
down €63,687 (-33.5%), from €190,210 to €126,523
of which Distributable reserves: -€63,687
- Advances received +€6,550
up €6,550 (+689%), from €950 to €7,500
- Gross operating margin -€37,123
down €37,123 (-49.1%), from €75,678 to €38,555
- Taxes -€8,945
down €8,945 (-48.1%), from €18,607 to €9,662
- Write-downs -€2,924
down €2,924, from €1,462 to -€1,462
- Other operating charges -€2,231
down €2,231 (-81.7%), from €2,731 to €500
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 | €237,365 | €254,648 | +€17,282 | +7.3% |
| Fixed assets | 21/28 | €15,325 | €9,607 | -€5,719 | -37.3% |
| Tangible fixed assets | 22/27 | €13,075 | €7,357 | -€5,719 | -43.7% |
| Plant, machinery and equipment | 23 | €2,169 | €3,428 | +€1,259 | +58.0% |
| Furniture and vehicles | 24 | €10,906 | €3,929 | -€6,977 | -64.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €222,040 | €245,041 | +€23,001 | +10.4% |
| Stocks and contracts in progress | 3 | €20,081 | €15,065 | -€5,016 | -25.0% |
| Stocks | 30/36 | €20,081 | €15,065 | -€5,016 | -25.0% |
| Amounts receivable within one year | 40/41 | €104,813 | €78,845 | -€25,968 | -24.8% |
| Trade receivables | 40 | €12,313 | €9,222 | -€3,092 | -25.1% |
| Other amounts receivable | 41 | €92,500 | €69,623 | -€22,877 | -24.7% |
| Current investments | 50/53 | - | €125,064 | +€125,064 | |
| Cash at bank and in hand | 54/58 | €95,654 | €24,886 | -€70,768 | -74.0% |
| Deferred charges and accrued income | 490/1 | €1,492 | €1,181 | -€311 | -20.8% |
| Total equity and liabilities | 10/49 | €237,365 | €254,648 | +€17,282 | +7.3% |
| Equity | 10/15 | €220,828 | €156,307 | -€64,520 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €190,210 | €126,523 | -€63,687 | -33.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €188,350 | €124,663 | -€63,687 | -33.8% |
| Profit (loss) carried forward | 14 | €12,018 | €11,185 | -€833 | -6.9% |
| Amounts payable | 17/49 | €16,538 | €98,340 | +€81,802 | +495% |
| Amounts payable within one year | 42/48 | €16,538 | €98,340 | +€81,802 | +495% |
| Trade debts | 44 | €1,465 | €1,166 | -€299 | -20.4% |
| Suppliers | 440/4 | €1,465 | €1,166 | -€299 | -20.4% |
| Advances received on contracts in progress | 46 | €950 | €7,500 | +€6,550 | +689% |
| Taxes, remuneration and social security | 45 | €5,106 | €2,782 | -€2,324 | -45.5% |
| Taxes | 450/3 | €5,106 | €2,782 | -€2,324 | -45.5% |
| Other amounts payable | 47/48 | €9,016 | €86,892 | +€77,876 | +864% |
| Non-recurring operating income | 76A | €8,475 | €1,053 | -€7,422 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,578 | €7,499 | -€79 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,462 | -€1,462 | -€2,924 | |
| Other operating charges | 640/8 | €2,731 | €500 | -€2,231 | -81.7% |
| Non-recurring operating charges | 66A | - | €2,202 | +€2,202 | |
| Gross operating margin | 9900 | €75,678 | €38,555 | -€37,123 | -49.1% |
| Operating profit (loss) | 9901 | €63,907 | €29,816 | -€34,091 | -53.3% |
| Financial income | 75/76B | €1,492 | €2,073 | +€581 | +38.9% |
| Recurring financial income | 75 | €1,492 | €2,073 | +€581 | +38.9% |
| Financial charges | 65/66B | €146 | €164 | +€18 | +12.1% |
| Recurring financial charges | 65 | €146 | €164 | +€18 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €65,253 | €31,725 | -€33,528 | -51.4% |
| Income taxes | 67/77 | €18,607 | €9,662 | -€8,945 | -48.1% |
| Profit (loss) for the period | 9904 | €46,646 | €22,063 | -€24,583 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,646 | €22,063 | -€24,583 | -52.7% |
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 28 October 2026 via checked.be.