LP Reno: 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 Reno
Largest movements
- Cash -€14,718
down €14,718 (-20.6%), from €71,397 to €56,679
mainly Contributions, distributions and other (-€39,747) and Accrued charges and deferred income (-€18,234)
- Receivables within one year +€12,511
up €12,511 (+50.4%), from €24,838 to €37,349
of which Other amounts receivable: +€6,662
- Other debts +€38,947
up €38,947 (+4,868%), from €800 to €39,747
- Accrued charges and deferred income -€18,234
no longer reported in 2025 (was €18,234)
- Profit (loss) carried forward -€11,830
down €11,830 (-57.3%), from €20,660 to €8,831
- Trade debts -€5,293
down €5,293 (-31.6%), from €16,748 to €11,455
- Debts after one year -€3,358
down €3,358 (-37.2%), from €9,023 to €5,664
- Gross operating margin +€5,709
up €5,709 (+17.4%), from €32,892 to €38,601
- Taxes -€1,110
down €1,110 (-14.6%), from €7,625 to €6,515
- Financial income +€883
up €883 (+105%), from €839 to €1,722
- Depreciation -€858
down €858 (-19.2%), from €4,473 to €3,616
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 | €112,182 | €110,456 | -€1,726 | -1.5% |
| Fixed assets | 21/28 | €14,221 | €13,939 | -€282 | -2.0% |
| Tangible fixed assets | 22/27 | €12,421 | €12,139 | -€282 | -2.3% |
| Plant, machinery and equipment | 23 | - | €507 | +€507 | |
| Furniture and vehicles | 24 | €12,421 | €9,033 | -€3,388 | -27.3% |
| Other tangible fixed assets | 26 | - | €2,600 | +€2,600 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €97,961 | €96,517 | -€1,444 | -1.5% |
| Amounts receivable within one year | 40/41 | €24,838 | €37,349 | +€12,511 | +50.4% |
| Trade receivables | 40 | €587 | €6,436 | +€5,849 | +997% |
| Other amounts receivable | 41 | €24,251 | €30,913 | +€6,662 | +27.5% |
| Cash at bank and in hand | 54/58 | €71,397 | €56,679 | -€14,718 | -20.6% |
| Deferred charges and accrued income | 490/1 | €1,726 | €2,488 | +€762 | +44.2% |
| Total equity and liabilities | 10/49 | €112,182 | €110,456 | -€1,726 | -1.5% |
| Equity | 10/15 | €58,514 | €46,685 | -€11,830 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,254 | €19,254 | = | 0.0% |
| Distributable reserves | 133 | €19,254 | €19,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,660 | €8,831 | -€11,830 | -57.3% |
| Amounts payable | 17/49 | €53,668 | €63,771 | +€10,103 | +18.8% |
| Amounts payable after more than one year | 17 | €9,023 | €5,664 | -€3,358 | -37.2% |
| Financial debts | 170/4 | €9,023 | €5,664 | -€3,358 | -37.2% |
| Amounts payable within one year | 42/48 | €26,411 | €58,107 | +€31,696 | +120% |
| Current portion of amounts payable after more than one year | 42 | €4,215 | €5,904 | +€1,689 | +40.1% |
| Trade debts | 44 | €16,748 | €11,455 | -€5,293 | -31.6% |
| Suppliers | 440/4 | €16,748 | €11,455 | -€5,293 | -31.6% |
| Advances received on contracts in progress | 46 | €2,845 | €140 | -€2,705 | -95.1% |
| Taxes, remuneration and social security | 45 | €1,803 | €861 | -€942 | -52.3% |
| Taxes | 450/3 | €1,803 | €861 | -€942 | -52.3% |
| Other amounts payable | 47/48 | €800 | €39,747 | +€38,947 | +4,868% |
| Accrued charges and deferred income | 492/3 | €18,234 | - | -€18,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,473 | €3,616 | -€858 | -19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€112 | -€112 | |
| Other operating charges | 640/8 | €1,234 | €1,349 | +€115 | +9.3% |
| Gross operating margin | 9900 | €32,892 | €38,601 | +€5,709 | +17.4% |
| Operating profit (loss) | 9901 | €27,185 | €33,748 | +€6,564 | +24.1% |
| Financial income | 75/76B | €839 | €1,722 | +€883 | +105% |
| Recurring financial income | 75 | €839 | €1,722 | +€883 | +105% |
| Financial charges | 65/66B | €1,145 | €1,038 | -€107 | -9.3% |
| Recurring financial charges | 65 | €1,145 | €1,038 | -€107 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €26,879 | €34,432 | +€7,554 | +28.1% |
| Income taxes | 67/77 | €7,625 | €6,515 | -€1,110 | -14.6% |
| Profit (loss) for the period | 9904 | €19,254 | €27,917 | +€8,663 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,254 | €27,917 | +€8,663 | +45.0% |
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.