LPDJ MANAGEMENT: 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.
LPDJ MANAGEMENT
Largest movements
- Financial fixed assets +€60,000
up €60,000 (+50.0%), from €120,000 to €180,000
- Tangible fixed assets -€18,343
no longer reported in 2025 (was €18,343)
- Receivables within one year +€10,000
new in 2025: €10,000
- Cash -€4,042
down €4,042 (-9.9%), from €40,629 to €36,587
mainly Investment in fixed assets (net) (-€41,657) and Debts after one year (-€16,403)
- Reserves +€58,000
up €58,000 (+152.6%), from €38,000 to €96,000
- Debts after one year -€16,403
down €16,403 (-17.9%), from €91,406 to €75,003
- Tax, wage and social debts +€9,350
up €9,350 (+56.3%), from €16,609 to €25,959
- Other debts -€3,352
down €3,352 (-24.0%), from €13,983 to €10,631
- Financial income +€28,636
new in 2025: €28,636
- Depreciation -€11,999
no longer reported in 2025 (was €11,999)
- Gross operating margin -€1,566
down €1,566 (-3.0%), from €51,599 to €50,033
- Financial charges +€1,028
up €1,028 (+28.4%), from €3,624 to €4,652
- Taxes +€655
up €655 (+6.9%), from €9,556 to €10,211
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 | €178,972 | €227,552 | +€48,581 | +27.1% |
| Fixed assets | 21/28 | €138,343 | €180,000 | +€41,657 | +30.1% |
| Tangible fixed assets | 22/27 | €18,343 | - | -€18,343 | |
| Furniture and vehicles | 24 | €18,343 | - | -€18,343 | |
| Financial fixed assets | 28 | €120,000 | €180,000 | +€60,000 | +50.0% |
| Current assets | 29/58 | €40,629 | €47,552 | +€6,924 | +17.0% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €40,629 | €36,587 | -€4,042 | -9.9% |
| Deferred charges and accrued income | 490/1 | - | €966 | +€966 | |
| Total equity and liabilities | 10/49 | €178,972 | €227,552 | +€48,581 | +27.1% |
| Equity | 10/15 | €40,865 | €98,619 | +€57,754 | +141.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €38,000 | €96,000 | +€58,000 | +152.6% |
| Distributable reserves | 133 | €38,000 | €96,000 | +€58,000 | +152.6% |
| Profit (loss) carried forward | 14 | €365 | €119 | -€246 | -67.4% |
| Amounts payable | 17/49 | €138,106 | €128,933 | -€9,173 | -6.6% |
| Amounts payable after more than one year | 17 | €91,406 | €75,003 | -€16,403 | -17.9% |
| Financial debts | 170/4 | €91,406 | €75,003 | -€16,403 | -17.9% |
| Amounts payable within one year | 42/48 | €46,701 | €53,059 | +€6,358 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €15,828 | €16,403 | +€574 | +3.6% |
| Trade debts | 44 | €281 | €67 | -€214 | -76.2% |
| Suppliers | 440/4 | €281 | €67 | -€214 | -76.2% |
| Taxes, remuneration and social security | 45 | €16,609 | €25,959 | +€9,350 | +56.3% |
| Taxes | 450/3 | €16,609 | €25,959 | +€9,350 | +56.3% |
| Other amounts payable | 47/48 | €13,983 | €10,631 | -€3,352 | -24.0% |
| Accrued charges and deferred income | 492/3 | - | €871 | +€871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,999 | - | -€11,999 | |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €5,946 | +€5,946 | |
| Gross operating margin | 9900 | €51,599 | €50,033 | -€1,566 | -3.0% |
| Operating profit (loss) | 9901 | €39,494 | €43,980 | +€4,486 | +11.4% |
| Financial income | 75/76B | - | €28,636 | +€28,636 | |
| Recurring financial income | 75 | - | €28,636 | +€28,636 | |
| Financial charges | 65/66B | €3,624 | €4,652 | +€1,028 | +28.4% |
| Recurring financial charges | 65 | €3,624 | €4,652 | +€1,028 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €35,870 | €67,964 | +€32,095 | +89.5% |
| Income taxes | 67/77 | €9,556 | €10,211 | +€655 | +6.9% |
| Profit (loss) for the period | 9904 | €26,314 | €57,754 | +€31,440 | +119.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,314 | €57,754 | +€31,440 | +119.5% |
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.