LP SCHILDERWERKEN: 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 SCHILDERWERKEN
Largest movements
- Receivables within one year +€28,625
up €28,625 (+445%), from €6,438 to €35,063
of which Other amounts receivable: +€17,972
- Intangible fixed assets -€12,000
down €12,000 (-30.8%), from €38,926 to €26,926
- Tangible fixed assets -€7,702
down €7,702 (-30.8%), from €24,985 to €17,283
of which Leasing and similar rights: -€6,222
- Deferred charges and accrued income +€1,536
up €1,536 (+59.4%), from €2,588 to €4,124
- Trade debts +€22,637
up €22,637 (+285%), from €7,938 to €30,575
- Debts after one year -€18,957
down €18,957 (-60.9%), from €31,112 to €12,155
- Reserves +€8,529
up €8,529 (+227%), from €3,762 to €12,291
- Other debts -€2,427
down €2,427 (-41.3%), from €5,868 to €3,442
- Tax, wage and social debts -€2,299
down €2,299 (-45.7%), from €5,034 to €2,735
- Gross operating margin -€8,371
down €8,371 (-20.3%), from €41,196 to €32,825
- Taxes +€1,028
up €1,028 (+92.1%), from €1,117 to €2,146
- Financial charges -€697
down €697 (-32.0%), from €2,182 to €1,484
- Staff costs +€662
up €662, from -€387 to €275
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 | €74,142 | €84,394 | +€10,251 | +13.8% |
| Formation expenses | 20 | €768 | €524 | -€244 | -31.7% |
| Fixed assets | 21/28 | €63,911 | €44,209 | -€19,702 | -30.8% |
| Intangible fixed assets | 21 | €38,926 | €26,926 | -€12,000 | -30.8% |
| Tangible fixed assets | 22/27 | €24,985 | €17,283 | -€7,702 | -30.8% |
| Plant, machinery and equipment | 23 | €2,530 | €1,750 | -€780 | -30.8% |
| Furniture and vehicles | 24 | €2,271 | €1,571 | -€700 | -30.8% |
| Leasing and similar rights | 25 | €20,184 | €13,962 | -€6,222 | -30.8% |
| Current assets | 29/58 | €9,463 | €39,661 | +€30,197 | +319% |
| Amounts receivable within one year | 40/41 | €6,438 | €35,063 | +€28,625 | +445% |
| Trade receivables | 40 | €6,373 | €17,027 | +€10,654 | +167% |
| Other amounts receivable | 41 | €65 | €18,037 | +€17,972 | +27,670% |
| Cash at bank and in hand | 54/58 | €437 | €473 | +€36 | +8.2% |
| Deferred charges and accrued income | 490/1 | €2,588 | €4,124 | +€1,536 | +59.4% |
| Total equity and liabilities | 10/49 | €74,142 | €84,394 | +€10,251 | +13.8% |
| Equity | 10/15 | €8,762 | €17,291 | +€8,529 | +97.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,762 | €12,291 | +€8,529 | +227% |
| Distributable reserves | 133 | €3,762 | €12,291 | +€8,529 | +227% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €65,381 | €67,103 | +€1,723 | +2.6% |
| Amounts payable after more than one year | 17 | €31,112 | €12,155 | -€18,957 | -60.9% |
| Financial debts | 170/4 | €31,112 | €12,155 | -€18,957 | -60.9% |
| Amounts payable within one year | 42/48 | €34,268 | €54,948 | +€20,680 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €15,428 | €15,957 | +€529 | +3.4% |
| Financial debts | 43 | - | €2,239 | +€2,239 | |
| Credit institutions | 430/8 | - | €2,239 | +€2,239 | |
| Trade debts | 44 | €7,938 | €30,575 | +€22,637 | +285% |
| Suppliers | 440/4 | €7,938 | €30,575 | +€22,637 | +285% |
| Taxes, remuneration and social security | 45 | €5,034 | €2,735 | -€2,299 | -45.7% |
| Taxes | 450/3 | €5,034 | €2,735 | -€2,299 | -45.7% |
| Other amounts payable | 47/48 | €5,868 | €3,442 | -€2,427 | -41.3% |
| Remuneration, social security and pensions | 62 | -€387 | €275 | +€662 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,946 | €19,946 | = | 0.0% |
| Other operating charges | 640/8 | €875 | €825 | -€50 | -5.8% |
| Gross operating margin | 9900 | €41,196 | €32,825 | -€8,371 | -20.3% |
| Operating profit (loss) | 9901 | €20,762 | €11,779 | -€8,983 | -43.3% |
| Financial income | 75/76B | €4 | €380 | +€377 | +10,491% |
| Recurring financial income | 75 | €4 | €380 | +€377 | +10,491% |
| Financial charges | 65/66B | €2,182 | €1,484 | -€697 | -32.0% |
| Recurring financial charges | 65 | €2,182 | €1,484 | -€697 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €18,584 | €10,675 | -€7,910 | -42.6% |
| Income taxes | 67/77 | €1,117 | €2,146 | +€1,028 | +92.1% |
| Profit (loss) for the period | 9904 | €17,467 | €8,529 | -€8,938 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,467 | €8,529 | -€8,938 | -51.2% |
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 30 October 2026 via checked.be.