LPFC: 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.
LPFC
Largest movements
- Receivables within one year +€56,834
up €56,834 (+4355.5%), from €1,305 to €58,139
of which Other amounts receivable: +€37,669
- Cash -€30,449
down €30,449 (-47.7%), from €63,801 to €33,352
mainly Contributions, distributions and other (-€90,000) and Receivables within one year (-€56,834)
- Tangible fixed assets +€22,149
up €22,149 (+94.3%), from €23,486 to €45,635
of which Furniture and vehicles: +€24,800
- Other debts +€38,768
up €38,768 (+75.7%), from €51,239 to €90,007
- Tax, wage and social debts +€11,995
up €11,995 (+103.7%), from €11,563 to €23,559
of which Taxes: +€13,661
- Profit (loss) carried forward -€5,096
down €5,096 (-31.8%), from €16,001 to €10,905
- Trade debts +€2,522
up €2,522 (+38.7%), from €6,520 to €9,042
- Turnover -€191,407
no longer reported in 2025 (was €191,407)
- Purchases and services -€69,742
no longer reported in 2025 (was €69,742)
- Gross operating margin +€50,337
up €50,337 (+41.4%), from €121,665 to €172,002
- Staff costs +€22,112
up €22,112 (+70.7%), from €31,266 to €53,378
- Financial income -€7,822
down €7,822 (-97.3%), from €8,035 to €213
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 | €90,323 | €138,962 | +€48,639 | +53.8% |
| Fixed assets | 21/28 | €23,704 | €45,853 | +€22,149 | +93.4% |
| Tangible fixed assets | 22/27 | €23,486 | €45,635 | +€22,149 | +94.3% |
| Plant, machinery and equipment | 23 | €19,647 | €16,996 | -€2,651 | -13.5% |
| Furniture and vehicles | 24 | €1,339 | €26,139 | +€24,800 | +1852.3% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €218 | €218 | = | 0.0% |
| Current assets | 29/58 | €66,619 | €93,109 | +€26,490 | +39.8% |
| Amounts receivable within one year | 40/41 | €1,305 | €58,139 | +€56,834 | +4355.5% |
| Trade receivables | 40 | €755 | €19,920 | +€19,165 | +2538.8% |
| Other amounts receivable | 41 | €550 | €38,219 | +€37,669 | +6849.0% |
| Cash at bank and in hand | 54/58 | €63,801 | €33,352 | -€30,449 | -47.7% |
| Deferred charges and accrued income | 490/1 | €1,513 | €1,618 | +€105 | +7.0% |
| Total equity and liabilities | 10/49 | €90,323 | €138,962 | +€48,639 | +53.8% |
| Equity | 10/15 | €21,001 | €15,905 | -€5,096 | -24.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €16,001 | €10,905 | -€5,096 | -31.8% |
| Amounts payable | 17/49 | €69,322 | €123,057 | +€53,735 | +77.5% |
| Amounts payable within one year | 42/48 | €69,322 | €122,607 | +€53,285 | +76.9% |
| Trade debts | 44 | €6,520 | €9,042 | +€2,522 | +38.7% |
| Suppliers | 440/4 | €6,520 | €9,042 | +€2,522 | +38.7% |
| Taxes, remuneration and social security | 45 | €11,563 | €23,559 | +€11,995 | +103.7% |
| Taxes | 450/3 | €2,533 | €16,194 | +€13,661 | +539.4% |
| Remuneration and social security | 454/9 | €9,031 | €7,365 | -€1,666 | -18.4% |
| Other amounts payable | 47/48 | €51,239 | €90,007 | +€38,768 | +75.7% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Turnover | 70 | €191,407 | - | -€191,407 | |
| Goods, raw materials, services and sundry goods | 60/61 | €69,742 | - | -€69,742 | |
| Remuneration, social security and pensions | 62 | €31,266 | €53,378 | +€22,112 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,703 | €5,934 | -€3,769 | -38.8% |
| Other operating charges | 640/8 | €3,888 | €3,591 | -€296 | -7.6% |
| Gross operating margin | 9900 | €121,665 | €172,002 | +€50,337 | +41.4% |
| Operating profit (loss) | 9901 | €76,809 | €109,099 | +€32,290 | +42.0% |
| Financial income | 75/76B | €8,035 | €213 | -€7,822 | -97.3% |
| Recurring financial income | 75 | €8,035 | €213 | -€7,822 | -97.3% |
| Financial charges | 65/66B | €593 | €487 | -€106 | -17.9% |
| Recurring financial charges | 65 | €593 | €487 | -€106 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €84,251 | €108,825 | +€24,574 | +29.2% |
| Income taxes | 67/77 | €18,706 | €23,921 | +€5,215 | +27.9% |
| Profit (loss) for the period | 9904 | €65,545 | €84,904 | +€19,359 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,545 | €84,904 | +€19,359 | +29.5% |
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 10 October 2026 via checked.be.