LPDH Engineering & Management: 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.
LPDH Engineering & Management
Largest movements
- Tangible fixed assets -€115,586
down €115,586 (-82.3%), from €140,449 to €24,863
of which Land and buildings: -€129,068
- Cash +€47,872
up €47,872 (+151%), from €31,805 to €79,677
mainly Investment in fixed assets (net) (+€110,939) and Net result for the year (+€16,380)
- Receivables within one year +€20,468
up €20,468 (+38.7%), from €52,891 to €73,359
of which Trade receivables: +€19,568
- Deferred charges and accrued income -€3,467
down €3,467 (-94.4%), from €3,673 to €206
- Profit (loss) carried forward -€23,851
down €23,851 (-29.8%), from €79,927 to €56,075
- Tax, wage and social debts -€12,896
down €12,896 (-54.0%), from €23,872 to €10,977
of which Remuneration and social security: -€9,072
- Debts after one year -€12,166
down €12,166 (-15.8%), from €76,774 to €64,608
- Trade debts -€3,077
down €3,077 (-46.0%), from €6,683 to €3,607
- Gross operating margin -€70,024
down €70,024 (-47.0%), from €148,919 to €78,895
- Other operating charges -€39,323
down €39,323 (-86.9%), from €45,244 to €5,921
- Staff costs -€22,871
down €22,871 (-53.4%), from €42,860 to €19,989
- Taxes -€16,685
down €16,685 (-84.7%), from €19,698 to €3,014
- Financial charges -€5,400
down €5,400 (-58.4%), from €9,244 to €3,843
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 | €239,145 | €188,415 | -€50,730 | -21.2% |
| Fixed assets | 21/28 | €143,949 | €28,363 | -€115,586 | -80.3% |
| Tangible fixed assets | 22/27 | €140,449 | €24,863 | -€115,586 | -82.3% |
| Land and buildings | 22 | €129,068 | - | -€129,068 | |
| Furniture and vehicles | 24 | €11,382 | €15,041 | +€3,659 | +32.1% |
| Other tangible fixed assets | 26 | - | €9,822 | +€9,822 | |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €95,195 | €160,052 | +€64,856 | +68.1% |
| Amounts receivable within one year | 40/41 | €52,891 | €73,359 | +€20,468 | +38.7% |
| Trade receivables | 40 | €38,950 | €58,518 | +€19,568 | +50.2% |
| Other amounts receivable | 41 | €13,941 | €14,841 | +€900 | +6.5% |
| Current investments | 50/53 | €6,826 | €6,810 | -€16 | -0.2% |
| Cash at bank and in hand | 54/58 | €31,805 | €79,677 | +€47,872 | +151% |
| Deferred charges and accrued income | 490/1 | €3,673 | €206 | -€3,467 | -94.4% |
| Total equity and liabilities | 10/49 | €239,145 | €188,415 | -€50,730 | -21.2% |
| Equity | 10/15 | €100,387 | €76,535 | -€23,851 | -23.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,927 | €56,075 | -€23,851 | -29.8% |
| Amounts payable | 17/49 | €138,758 | €111,880 | -€26,878 | -19.4% |
| Amounts payable after more than one year | 17 | €76,774 | €64,608 | -€12,166 | -15.8% |
| Financial debts | 170/4 | €76,774 | €64,608 | -€12,166 | -15.8% |
| Amounts payable within one year | 42/48 | €61,984 | €47,272 | -€14,712 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €15,636 | €15,560 | -€76 | -0.5% |
| Trade debts | 44 | €6,683 | €3,607 | -€3,077 | -46.0% |
| Suppliers | 440/4 | €6,683 | €3,607 | -€3,077 | -46.0% |
| Taxes, remuneration and social security | 45 | €23,872 | €10,977 | -€12,896 | -54.0% |
| Taxes | 450/3 | €14,800 | €10,977 | -€3,824 | -25.8% |
| Remuneration and social security | 454/9 | €9,072 | - | -€9,072 | |
| Other amounts payable | 47/48 | €15,792 | €17,128 | +€1,336 | +8.5% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €42,860 | €19,989 | -€22,871 | -53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,447 | €4,647 | -€4,800 | -50.8% |
| Other operating charges | 640/8 | €45,244 | €5,921 | -€39,323 | -86.9% |
| Non-recurring operating charges | 66A | - | €25,457 | +€25,457 | |
| Gross operating margin | 9900 | €148,919 | €78,895 | -€70,024 | -47.0% |
| Operating profit (loss) | 9901 | €51,369 | €22,881 | -€28,488 | -55.5% |
| Financial income | 75/76B | €206 | €356 | +€150 | +72.5% |
| Recurring financial income | 75 | €206 | €356 | +€150 | +72.5% |
| Financial charges | 65/66B | €9,244 | €3,843 | -€5,400 | -58.4% |
| Recurring financial charges | 65 | €9,244 | €3,843 | -€5,400 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €42,332 | €19,394 | -€22,937 | -54.2% |
| Income taxes | 67/77 | €19,698 | €3,014 | -€16,685 | -84.7% |
| Profit (loss) for the period | 9904 | €22,633 | €16,380 | -€6,253 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,633 | €16,380 | -€6,253 | -27.6% |
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 16 October 2026 via checked.be.