LPI et Partners: 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.
LPI et Partners
Largest movements
- Tangible fixed assets -€382,404
down €382,404 (-99.1%), from €385,758 to €3,354
of which Land and buildings: -€385,758
- Cash +€183,686
up €183,686 (+274,609%), from €67 to €183,753
mainly Investment in fixed assets (net) (+€382,230) and Net result for the year (+€212,265)
- Receivables within one year +€46,549
up €46,549 (+979%), from €4,755 to €51,304
of which Other amounts receivable: +€45,254
- Profit (loss) carried forward +€358,906
up €358,906, from -€235,255 to €123,651
- Debts after one year -€210,863
no longer reported in 2024 (was €210,863)
of which Financial debts: -€110,863
- Reserves -€146,641
down €146,641 (-87.7%), from €167,119 to €20,478
of which Tax-exempt reserves: -€146,641
- Other debts -€118,647
down €118,647 (-96.0%), from €123,647 to €5,000
- Tax, wage and social debts +€67,257
up €67,257 (+2,463%), from €2,731 to €69,988
- Gross operating margin +€175,254
up €175,254 (+312%), from €56,196 to €231,449
- Taxes +€69,911
new in 2024: €69,911
- Depreciation -€25,690
down €25,690 (-99.3%), from €25,865 to €175
- Financial charges -€4,064
down €4,064 (-64.4%), from €6,310 to €2,246
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €391,639 | €238,737 | -€152,902 | -39.0% |
| Fixed assets | 21/28 | €386,085 | €3,681 | -€382,404 | -99.0% |
| Tangible fixed assets | 22/27 | €385,758 | €3,354 | -€382,404 | -99.1% |
| Land and buildings | 22 | €385,758 | - | -€385,758 | |
| Furniture and vehicles | 24 | - | €1,402 | +€1,402 | |
| Other tangible fixed assets | 26 | - | €1,951 | +€1,951 | |
| Financial fixed assets | 28 | €327 | €327 | = | 0.0% |
| Current assets | 29/58 | €5,554 | €235,057 | +€229,503 | +4,132% |
| Amounts receivable within one year | 40/41 | €4,755 | €51,304 | +€46,549 | +979% |
| Trade receivables | 40 | €4,755 | €6,050 | +€1,295 | +27.2% |
| Other amounts receivable | 41 | - | €45,254 | +€45,254 | |
| Cash at bank and in hand | 54/58 | €67 | €183,753 | +€183,686 | +274,609% |
| Deferred charges and accrued income | 490/1 | €732 | - | -€732 | |
| Total equity and liabilities | 10/49 | €391,639 | €238,737 | -€152,902 | -39.0% |
| Equity | 10/15 | -€49,562 | €162,704 | +€212,265 | |
| Contributions | 10/11 | €18,574 | €18,574 | = | 0.0% |
| Capital | 10 | €18,574 | - | -€18,574 | |
| Issued capital | 100 | €18,574 | - | -€18,574 | |
| Reserves | 13 | €167,119 | €20,478 | -€146,641 | -87.7% |
| Non-distributable reserves | 130/1 | €4,670 | €4,670 | = | 0.0% |
| Legal reserve | 130 | €4,670 | - | -€4,670 | |
| Reserves not available under the articles | 1311 | - | €4,670 | +€4,670 | |
| Tax-exempt reserves | 132 | €146,641 | - | -€146,641 | |
| Distributable reserves | 133 | €15,808 | €15,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,255 | €123,651 | +€358,906 | |
| Provisions and deferred taxes | 16 | €54,845 | - | -€54,845 | |
| Deferred taxes | 168 | €54,845 | - | -€54,845 | |
| Amounts payable | 17/49 | €386,356 | €76,034 | -€310,323 | -80.3% |
| Amounts payable after more than one year | 17 | €210,863 | - | -€210,863 | |
| Financial debts | 170/4 | €110,863 | - | -€110,863 | |
| Other amounts payable | 178/9 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €175,493 | €76,034 | -€99,460 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €26,973 | - | -€26,973 | |
| Financial debts | 43 | €9,348 | - | -€9,348 | |
| Credit institutions | 430/8 | €9,348 | - | -€9,348 | |
| Trade debts | 44 | €12,795 | €1,046 | -€11,749 | -91.8% |
| Suppliers | 440/4 | €10,993 | €1,046 | -€9,947 | -90.5% |
| Bills of exchange payable | 441 | €1,801 | - | -€1,801 | |
| Taxes, remuneration and social security | 45 | €2,731 | €69,988 | +€67,257 | +2,463% |
| Taxes | 450/3 | €2,731 | €69,988 | +€67,257 | +2,463% |
| Other amounts payable | 47/48 | €123,647 | €5,000 | -€118,647 | -96.0% |
| Non-recurring operating income | 76A | - | €297,677 | +€297,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,865 | €175 | -€25,690 | -99.3% |
| Other operating charges | 640/8 | €1,786 | €1,697 | -€89 | -5.0% |
| Gross operating margin | 9900 | €56,196 | €231,449 | +€175,254 | +312% |
| Operating profit (loss) | 9901 | €28,545 | €229,578 | +€201,033 | +704% |
| Financial charges | 65/66B | €6,310 | €2,246 | -€4,064 | -64.4% |
| Recurring financial charges | 65 | €6,310 | €2,246 | -€4,064 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €22,235 | €227,332 | +€205,097 | +922% |
| Transfer from deferred taxes | 780 | €7,767 | €54,845 | +€47,077 | +606% |
| Income taxes | 67/77 | - | €69,911 | +€69,911 | |
| Profit (loss) for the period | 9904 | €30,002 | €212,265 | +€182,264 | +608% |
| Transfer from tax-exempt reserves | 789 | €15,084 | €146,641 | +€131,556 | +872% |
| Profit (loss) for the period to be appropriated | 9905 | €45,086 | €358,906 | +€313,820 | +696% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.