LPC: what changed
Two fiscal 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.
LPC
Largest movements
- Tangible fixed assets +€165,000
up €165,000 (+19.2%), from €857,727 to €1.0m
- Cash -€67,872
down €67,872 (-77.9%), from €87,116 to €19,244
mainly Investment in fixed assets (net) (-€191,711) and Current investments (-€49,622)
- Current investments +€49,622
up €49,622 (+24.8%), from €200,378 to €250,000
- Other debts +€117,549
up €117,549 (+20.4%), from €574,876 to €692,425
- Profit (loss) carried forward +€28,822
up €28,822 (+16.6%), from -€173,734 to -€144,912
- Gross operating margin -€66,509
down €66,509 (-77.0%), from €86,363 to €19,854
- Financial income +€30,808
up €30,808 (+122.6%), from €25,130 to €55,938
- Depreciation -€9,844
down €9,844 (-26.9%), from €36,554 to €26,711
- Financial charges -€8,024
down €8,024 (-29.6%), from €27,122 to €19,099
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 | €1,153,899 | €1,300,567 | +€146,668 | +12.7% |
| Fixed assets | 21/28 | €858,487 | €1,023,487 | +€165,000 | +19.2% |
| Tangible fixed assets | 22/27 | €857,727 | €1,022,727 | +€165,000 | +19.2% |
| Land and buildings | 22 | €857,727 | €1,022,727 | +€165,000 | +19.2% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €295,413 | €277,081 | -€18,332 | -6.2% |
| Amounts receivable within one year | 40/41 | €7,919 | €7,475 | -€444 | -5.6% |
| Other amounts receivable | 41 | €7,919 | €7,475 | -€444 | -5.6% |
| Current investments | 50/53 | €200,378 | €250,000 | +€49,622 | +24.8% |
| Cash at bank and in hand | 54/58 | €87,116 | €19,244 | -€67,872 | -77.9% |
| Deferred charges and accrued income | 490/1 | - | €362 | +€362 | |
| Total equity and liabilities | 10/49 | €1,153,899 | €1,300,567 | +€146,668 | +12.7% |
| Equity | 10/15 | €576,266 | €605,088 | +€28,822 | +5.0% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,734 | -€144,912 | +€28,822 | +16.6% |
| Amounts payable | 17/49 | €577,634 | €695,479 | +€117,846 | +20.4% |
| Amounts payable within one year | 42/48 | €575,591 | €693,212 | +€117,621 | +20.4% |
| Trade debts | 44 | €715 | €787 | +€72 | +10.0% |
| Suppliers | 440/4 | €715 | €787 | +€72 | +10.0% |
| Other amounts payable | 47/48 | €574,876 | €692,425 | +€117,549 | +20.4% |
| Accrued charges and deferred income | 492/3 | €2,043 | €2,268 | +€225 | +11.0% |
| Non-recurring operating income | 76A | €100,927 | €23,000 | -€77,927 | -77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,554 | €26,711 | -€9,844 | -26.9% |
| Other operating charges | 640/8 | €1,578 | €1,160 | -€418 | -26.5% |
| Gross operating margin | 9900 | €86,363 | €19,854 | -€66,509 | -77.0% |
| Operating profit (loss) | 9901 | €48,231 | -€8,017 | -€56,247 | |
| Financial income | 75/76B | €25,130 | €55,938 | +€30,808 | +122.6% |
| Recurring financial income | 75 | €25,130 | €55,938 | +€30,808 | +122.6% |
| Financial charges | 65/66B | €27,122 | €19,099 | -€8,024 | -29.6% |
| Recurring financial charges | 65 | €27,122 | €19,099 | -€8,024 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €46,238 | €28,822 | -€17,416 | -37.7% |
| Profit (loss) for the period | 9904 | €46,238 | €28,822 | -€17,416 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,238 | €28,822 | -€17,416 | -37.7% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.