LPC Construction: 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 Construction
Largest movements
- Receivables within one year +€42,810
up €42,810 (+199.6%), from €21,450 to €64,259
of which Trade receivables: +€41,390
- Cash -€24,138
down €24,138 (-74.9%), from €32,234 to €8,096
mainly Receivables within one year (-€42,810) and Investment in fixed assets (net) (-€23,836)
- Tangible fixed assets +€14,398
up €14,398 (+109.4%), from €13,159 to €27,557
of which Other tangible fixed assets: +€7,660
- Intangible fixed assets -€3,125
down €3,125 (-16.7%), from €18,750 to €15,625
- Deferred charges and accrued income +€1,406
up €1,406 (+28.7%), from €4,897 to €6,303
- Debts after one year +€23,640
new in 2025: €23,640
- Trade debts +€6,189
up €6,189 (+39.8%), from €15,561 to €21,750
- Tax, wage and social debts -€3,875
down €3,875 (-20.0%), from €19,332 to €15,456
of which Taxes: -€2,459
- Accrued charges and deferred income +€3,000
new in 2025: €3,000
- Other debts +€2,397
up €2,397 (+11.2%), from €21,380 to €23,777
- Gross operating margin +€40,597
up €40,597 (+23.5%), from €172,993 to €213,590
- Staff costs +€24,679
up €24,679 (+17.0%), from €144,918 to €169,597
- Depreciation +€3,209
up €3,209 (+34.3%), from €9,353 to €12,562
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 | €90,489 | €121,840 | +€31,351 | +34.6% |
| Fixed assets | 21/28 | €31,909 | €43,182 | +€11,273 | +35.3% |
| Intangible fixed assets | 21 | €18,750 | €15,625 | -€3,125 | -16.7% |
| Tangible fixed assets | 22/27 | €13,159 | €27,557 | +€14,398 | +109.4% |
| Plant, machinery and equipment | 23 | €3,938 | €8,548 | +€4,610 | +117.1% |
| Furniture and vehicles | 24 | €6,820 | €8,948 | +€2,129 | +31.2% |
| Other tangible fixed assets | 26 | €2,401 | €10,061 | +€7,660 | +319.0% |
| Current assets | 29/58 | €58,580 | €78,658 | +€20,078 | +34.3% |
| Amounts receivable within one year | 40/41 | €21,450 | €64,259 | +€42,810 | +199.6% |
| Trade receivables | 40 | €17,790 | €59,180 | +€41,390 | +232.7% |
| Other amounts receivable | 41 | €3,660 | €5,079 | +€1,419 | +38.8% |
| Cash at bank and in hand | 54/58 | €32,234 | €8,096 | -€24,138 | -74.9% |
| Deferred charges and accrued income | 490/1 | €4,897 | €6,303 | +€1,406 | +28.7% |
| Total equity and liabilities | 10/49 | €90,489 | €121,840 | +€31,351 | +34.6% |
| Equity | 10/15 | €34,217 | €34,217 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €31,717 | €31,717 | = | 0.0% |
| Distributable reserves | 133 | €31,717 | €31,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,272 | €87,623 | +€31,351 | +55.7% |
| Amounts payable after more than one year | 17 | - | €23,640 | +€23,640 | |
| Other amounts payable | 178/9 | - | €23,640 | +€23,640 | |
| Amounts payable within one year | 42/48 | €56,272 | €60,983 | +€4,711 | +8.4% |
| Trade debts | 44 | €15,561 | €21,750 | +€6,189 | +39.8% |
| Suppliers | 440/4 | €15,561 | €21,750 | +€6,189 | +39.8% |
| Taxes, remuneration and social security | 45 | €19,332 | €15,456 | -€3,875 | -20.0% |
| Taxes | 450/3 | €7,700 | €5,240 | -€2,459 | -31.9% |
| Remuneration and social security | 454/9 | €11,632 | €10,216 | -€1,416 | -12.2% |
| Other amounts payable | 47/48 | €21,380 | €23,777 | +€2,397 | +11.2% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €144,918 | €169,597 | +€24,679 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,353 | €12,562 | +€3,209 | +34.3% |
| Other operating charges | 640/8 | €788 | €1,314 | +€526 | +66.8% |
| Gross operating margin | 9900 | €172,993 | €213,590 | +€40,597 | +23.5% |
| Operating profit (loss) | 9901 | €17,934 | €30,116 | +€12,182 | +67.9% |
| Financial income | 75/76B | €1 | €16 | +€16 | +2430.8% |
| Recurring financial income | 75 | €1 | €16 | +€16 | +2430.8% |
| Financial charges | 65/66B | €111 | €172 | +€61 | +55.0% |
| Recurring financial charges | 65 | €111 | €172 | +€61 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €17,824 | €29,961 | +€12,137 | +68.1% |
| Income taxes | 67/77 | €4,879 | €6,184 | +€1,305 | +26.7% |
| Profit (loss) for the period | 9904 | €12,945 | €23,777 | +€10,832 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,945 | €23,777 | +€10,832 | +83.7% |
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 1 October 2026 via checked.be.