LP LIGHTING: 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 LIGHTING
Largest movements
- Receivables within one year +€16,096
up €16,096 (+12.8%), from €125,326 to €141,422
of which Trade receivables: +€16,204
- Tangible fixed assets -€13,066
down €13,066 (-3.1%), from €420,806 to €407,740
of which Land and buildings: -€12,668
- Cash +€12,030
up €12,030 (+44.9%), from €26,795 to €38,825
mainly Net result for the year (+€34,778) and Depreciation (+€13,935)
- Reserves +€34,778
up €34,778 (+64.8%), from €53,646 to €88,423
- Trade debts -€12,802
down €12,802 (-6.5%), from €195,792 to €182,990
- Debts after one year -€10,613
down €10,613 (-3.1%), from €337,879 to €327,267
- Tax, wage and social debts +€7,915
up €7,915 (+34.3%), from €23,047 to €30,963
- Gross operating margin +€21,637
up €21,637 (+33.9%), from €63,743 to €85,379
- Taxes +€3,303
up €3,303 (+37.5%), from €8,816 to €12,120
- Financial charges -€2,821
down €2,821 (-17.6%), from €16,041 to €13,220
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 | €674,552 | €693,895 | +€19,343 | +2.9% |
| Fixed assets | 21/28 | €420,836 | €407,770 | -€13,066 | -3.1% |
| Tangible fixed assets | 22/27 | €420,806 | €407,740 | -€13,066 | -3.1% |
| Land and buildings | 22 | €418,105 | €405,437 | -€12,668 | -3.0% |
| Plant, machinery and equipment | 23 | €483 | €362 | -€121 | -25.0% |
| Furniture and vehicles | 24 | €2,218 | €1,941 | -€277 | -12.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €253,716 | €286,125 | +€32,409 | +12.8% |
| Stocks and contracts in progress | 3 | €98,743 | €102,893 | +€4,151 | +4.2% |
| Stocks | 30/36 | €98,743 | €102,893 | +€4,151 | +4.2% |
| Amounts receivable within one year | 40/41 | €125,326 | €141,422 | +€16,096 | +12.8% |
| Trade receivables | 40 | €117,479 | €133,683 | +€16,204 | +13.8% |
| Other amounts receivable | 41 | €7,847 | €7,739 | -€108 | -1.4% |
| Cash at bank and in hand | 54/58 | €26,795 | €38,825 | +€12,030 | +44.9% |
| Deferred charges and accrued income | 490/1 | €2,852 | €2,984 | +€132 | +4.6% |
| Total equity and liabilities | 10/49 | €674,552 | €693,895 | +€19,343 | +2.9% |
| Equity | 10/15 | €91,009 | €125,469 | +€34,460 | +37.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €53,646 | €88,423 | +€34,778 | +64.8% |
| Distributable reserves | 133 | €53,646 | €88,423 | +€34,778 | +64.8% |
| Investment grants | 15 | €12,363 | €12,045 | -€317 | -2.6% |
| Provisions and deferred taxes | 16 | €3,176 | €3,097 | -€79 | -2.5% |
| Deferred taxes | 168 | €3,176 | €3,097 | -€79 | -2.5% |
| Amounts payable | 17/49 | €580,367 | €565,329 | -€15,038 | -2.6% |
| Amounts payable after more than one year | 17 | €337,879 | €327,267 | -€10,613 | -3.1% |
| Financial debts | 170/4 | €337,879 | €327,267 | -€10,613 | -3.1% |
| Amounts payable within one year | 42/48 | €240,959 | €236,565 | -€4,394 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €22,120 | €22,613 | +€492 | +2.2% |
| Trade debts | 44 | €195,792 | €182,990 | -€12,802 | -6.5% |
| Suppliers | 440/4 | €195,792 | €182,990 | -€12,802 | -6.5% |
| Taxes, remuneration and social security | 45 | €23,047 | €30,963 | +€7,915 | +34.3% |
| Taxes | 450/3 | €23,047 | €30,963 | +€7,915 | +34.3% |
| Accrued charges and deferred income | 492/3 | €1,529 | €1,498 | -€31 | -2.0% |
| Non-recurring operating income | 76A | €573 | €46 | -€527 | -92.0% |
| Remuneration, social security and pensions | 62 | €1,099 | €1,161 | +€62 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,748 | €13,935 | +€187 | +1.4% |
| Other operating charges | 640/8 | €2,014 | €1,869 | -€145 | -7.2% |
| Non-recurring operating charges | 66A | €598 | €8,693 | +€8,095 | +1,354% |
| Gross operating margin | 9900 | €63,743 | €85,379 | +€21,637 | +33.9% |
| Operating profit (loss) | 9901 | €46,284 | €59,721 | +€13,437 | +29.0% |
| Financial income | 75/76B | €397 | €397 | = | 0.0% |
| Recurring financial income | 75 | €397 | €397 | = | 0.0% |
| Financial charges | 65/66B | €16,041 | €13,220 | -€2,821 | -17.6% |
| Recurring financial charges | 65 | €16,041 | €13,220 | -€2,821 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €30,639 | €46,898 | +€16,258 | +53.1% |
| Income taxes | 67/77 | €8,816 | €12,120 | +€3,303 | +37.5% |
| Profit (loss) for the period | 9904 | €21,823 | €34,778 | +€12,955 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,823 | €34,778 | +€12,955 | +59.4% |
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 15 October 2026 via checked.be.