LP SECURITY: 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 SECURITY
Largest movements
- Receivables within one year -€19,524
down €19,524 (-18.6%), from €104,733 to €85,208
of which Other amounts receivable: -€42,943
- Cash -€16,113
down €16,113 (-45.5%), from €35,383 to €19,269
mainly Net result for the year (-€64,225) and Other debts (-€11,000)
- Deferred charges and accrued income -€12,639
down €12,639 (-44.5%), from €28,419 to €15,779
- Stocks and contracts -€8,490
no longer reported in 2025 (was €8,490)
- Tangible fixed assets +€1,932
up €1,932 (+15.6%), from €12,395 to €14,326
of which Other tangible fixed assets: +€2,437
- Profit (loss) carried forward -€64,225
down €64,225 (-54.0%), from €118,935 to €54,710
- Debts after one year +€21,259
up €21,259 (+5266.1%), from €404 to €21,662
- Other debts -€11,000
no longer reported in 2025 (was €11,000)
- Tax, wage and social debts +€5,914
up €5,914 (+26.2%), from €22,574 to €28,488
- Current portion of long-term debt -€4,343
down €4,343 (-91.5%), from €4,747 to €404
- Gross operating margin -€126,470
down €126,470, from €119,465 to -€7,005
- Financial charges +€41,134
up €41,134 (+682.1%), from €6,031 to €47,165
- Taxes -€30,374
down €30,374, from €29,185 to -€1,189
- Other operating charges +€7,850
up €7,850 (+380.6%), from €2,062 to €9,912
- Financial income +€2,140
new in 2025: €2,140
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.
Cash bridge derived
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 | €190,219 | €135,633 | -€54,585 | -28.7% |
| Fixed assets | 21/28 | €13,195 | €15,376 | +€2,182 | +16.5% |
| Tangible fixed assets | 22/27 | €12,395 | €14,326 | +€1,932 | +15.6% |
| Furniture and vehicles | 24 | €6,243 | €5,738 | -€505 | -8.1% |
| Other tangible fixed assets | 26 | €6,152 | €8,588 | +€2,437 | +39.6% |
| Financial fixed assets | 28 | €800 | €1,050 | +€250 | +31.3% |
| Current assets | 29/58 | €177,024 | €120,257 | -€56,767 | -32.1% |
| Stocks and contracts in progress | 3 | €8,490 | - | -€8,490 | |
| Stocks | 30/36 | €8,490 | - | -€8,490 | |
| Amounts receivable within one year | 40/41 | €104,733 | €85,208 | -€19,524 | -18.6% |
| Trade receivables | 40 | €17,647 | €41,066 | +€23,419 | +132.7% |
| Other amounts receivable | 41 | €87,086 | €44,142 | -€42,943 | -49.3% |
| Cash at bank and in hand | 54/58 | €35,383 | €19,269 | -€16,113 | -45.5% |
| Deferred charges and accrued income | 490/1 | €28,419 | €15,779 | -€12,639 | -44.5% |
| Total equity and liabilities | 10/49 | €190,219 | €135,633 | -€54,585 | -28.7% |
| Equity | 10/15 | €125,135 | €60,910 | -€64,225 | -51.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,935 | €54,710 | -€64,225 | -54.0% |
| Amounts payable | 17/49 | €65,084 | €74,723 | +€9,639 | +14.8% |
| Amounts payable after more than one year | 17 | €404 | €21,662 | +€21,259 | +5266.1% |
| Financial debts | 170/4 | €404 | €21,662 | +€21,259 | +5266.1% |
| Amounts payable within one year | 42/48 | €64,680 | €53,061 | -€11,619 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €4,747 | €404 | -€4,343 | -91.5% |
| Financial debts | 43 | €9,117 | €9,377 | +€260 | +2.9% |
| Credit institutions | 430/8 | €9,117 | €9,377 | +€260 | +2.9% |
| Trade debts | 44 | €17,242 | €14,792 | -€2,450 | -14.2% |
| Suppliers | 440/4 | €17,242 | €14,792 | -€2,450 | -14.2% |
| Taxes, remuneration and social security | 45 | €22,574 | €28,488 | +€5,914 | +26.2% |
| Taxes | 450/3 | €22,574 | €28,488 | +€5,914 | +26.2% |
| Other amounts payable | 47/48 | €11,000 | - | -€11,000 | |
| Non-recurring operating income | 76A | €20,737 | €11,000 | -€9,737 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,401 | €3,471 | +€71 | +2.1% |
| Other operating charges | 640/8 | €2,062 | €9,912 | +€7,850 | +380.6% |
| Non-recurring operating charges | 66A | €4,315 | - | -€4,315 | |
| Gross operating margin | 9900 | €119,465 | -€7,005 | -€126,470 | |
| Operating profit (loss) | 9901 | €109,687 | -€20,389 | -€130,075 | |
| Financial income | 75/76B | - | €2,140 | +€2,140 | |
| Recurring financial income | 75 | - | €2,140 | +€2,140 | |
| Financial charges | 65/66B | €6,031 | €47,165 | +€41,134 | +682.1% |
| Recurring financial charges | 65 | €6,031 | €47,165 | +€41,134 | +682.1% |
| Profit (loss) for the period before taxes | 9903 | €103,656 | -€65,413 | -€169,069 | |
| Income taxes | 67/77 | €29,185 | -€1,189 | -€30,374 | |
| Profit (loss) for the period | 9904 | €74,471 | -€64,225 | -€138,695 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,471 | -€64,225 | -€138,695 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.