LPK: 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.
LPK
Largest movements
- Cash +€7,454
up €7,454 (+36.6%), from €20,350 to €27,804
mainly Net result for the year (+€12,160) and Depreciation (+€6,400)
- Tangible fixed assets -€6,400
down €6,400 (-50.9%), from €12,572 to €6,172
- Deferred charges and accrued income +€824
up €824 (+82.5%), from €998 to €1,822
- Reserves +€11,300
up €11,300 (+38.3%), from €29,515 to €40,815
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Other debts +€800
new in 2025: €800
- Gross operating margin -€3,960
down €3,960 (-13.7%), from €28,923 to €24,963
- Other operating charges -€3,002
down €3,002 (-75.5%), from €3,977 to €974
- Taxes -€1,166
down €1,166 (-18.0%), from €6,492 to €5,326
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 | €51,691 | €53,767 | +€2,075 | +4.0% |
| Fixed assets | 21/28 | €12,572 | €6,172 | -€6,400 | -50.9% |
| Tangible fixed assets | 22/27 | €12,572 | €6,172 | -€6,400 | -50.9% |
| Furniture and vehicles | 24 | €12,572 | €6,172 | -€6,400 | -50.9% |
| Current assets | 29/58 | €39,119 | €47,595 | +€8,475 | +21.7% |
| Amounts receivable within one year | 40/41 | €17,771 | €17,969 | +€198 | +1.1% |
| Trade receivables | 40 | €15,111 | €16,785 | +€1,675 | +11.1% |
| Other amounts receivable | 41 | €2,660 | €1,184 | -€1,476 | -55.5% |
| Cash at bank and in hand | 54/58 | €20,350 | €27,804 | +€7,454 | +36.6% |
| Deferred charges and accrued income | 490/1 | €998 | €1,822 | +€824 | +82.5% |
| Total equity and liabilities | 10/49 | €51,691 | €53,767 | +€2,075 | +4.0% |
| Equity | 10/15 | €36,688 | €48,047 | +€11,360 | +31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,515 | €40,815 | +€11,300 | +38.3% |
| Distributable reserves | 133 | €29,515 | €40,815 | +€11,300 | +38.3% |
| Profit (loss) carried forward | 14 | €973 | €1,032 | +€60 | +6.2% |
| Amounts payable | 17/49 | €15,004 | €5,719 | -€9,285 | -61.9% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Other amounts payable | 178/9 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €3,804 | €4,214 | +€410 | +10.8% |
| Trade debts | 44 | €259 | - | -€259 | |
| Suppliers | 440/4 | €259 | - | -€259 | |
| Taxes, remuneration and social security | 45 | €3,545 | €3,414 | -€131 | -3.7% |
| Taxes | 450/3 | €2,042 | €1,200 | -€842 | -41.2% |
| Remuneration and social security | 454/9 | €1,503 | €2,214 | +€711 | +47.3% |
| Other amounts payable | 47/48 | - | €800 | +€800 | |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,505 | +€305 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,400 | €6,400 | = | 0.0% |
| Other operating charges | 640/8 | €3,977 | €974 | -€3,002 | -75.5% |
| Gross operating margin | 9900 | €28,923 | €24,963 | -€3,960 | -13.7% |
| Operating profit (loss) | 9901 | €18,547 | €17,589 | -€958 | -5.2% |
| Financial income | 75/76B | €3 | €3 | -€0 | -14.8% |
| Recurring financial income | 75 | €3 | €3 | -€0 | -14.8% |
| Financial charges | 65/66B | €87 | €105 | +€18 | +20.8% |
| Recurring financial charges | 65 | €87 | €105 | +€18 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €18,462 | €17,486 | -€976 | -5.3% |
| Income taxes | 67/77 | €6,492 | €5,326 | -€1,166 | -18.0% |
| Profit (loss) for the period | 9904 | €11,971 | €12,160 | +€189 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,971 | €12,160 | +€189 | +1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.