LPM Global: 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.
LPM Global
Largest movements
- Tangible fixed assets +€530,861
up €530,861 (+1013.4%), from €52,387 to €583,248
of which Land and buildings: +€551,757
- Current investments -€400,000
down €400,000 (-100.0%), from €400,000 to €0
- Cash +€327,679
up €327,679 (+1189.6%), from €27,546 to €355,225
mainly Current investments (+€400,000) and Debts after one year (+€220,525)
- Receivables within one year +€33,820
up €33,820 (+62.4%), from €54,208 to €88,028
- Debts after one year +€220,525
up €220,525 (+739.4%), from €29,824 to €250,349
- Reserves +€176,060
up €176,060 (+48.8%), from €360,526 to €536,586
- Tax, wage and social debts +€68,693
up €68,693 (+66.5%), from €103,337 to €172,030
of which Taxes: +€68,693
- Current portion of long-term debt +€25,507
up €25,507 (+142.7%), from €17,876 to €43,383
- Depreciation +€85,746
up €85,746 (+410.3%), from €20,896 to €106,642
- Taxes -€19,149
down €19,149 (-24.9%), from €77,012 to €57,863
- Gross operating margin +€6,538
up €6,538 (+1.9%), from €340,603 to €347,141
- Financial charges +€5,612
up €5,612 (+145.4%), from €3,861 to €9,473
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 | €534,141 | €1,026,501 | +€492,360 | +92.2% |
| Fixed assets | 21/28 | €52,387 | €583,248 | +€530,861 | +1013.4% |
| Tangible fixed assets | 22/27 | €52,387 | €583,248 | +€530,861 | +1013.4% |
| Land and buildings | 22 | - | €551,757 | +€551,757 | |
| Furniture and vehicles | 24 | €52,387 | €31,491 | -€20,896 | -39.9% |
| Current assets | 29/58 | €481,754 | €443,252 | -€38,501 | -8.0% |
| Amounts receivable within one year | 40/41 | €54,208 | €88,028 | +€33,820 | +62.4% |
| Trade receivables | 40 | €54,208 | €88,028 | +€33,820 | +62.4% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €27,546 | €355,225 | +€327,679 | +1189.6% |
| Total equity and liabilities | 10/49 | €534,141 | €1,026,501 | +€492,360 | +92.2% |
| Equity | 10/15 | €361,526 | €537,586 | +€176,060 | +48.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €360,526 | €536,586 | +€176,060 | +48.8% |
| Distributable reserves | 133 | €360,526 | €536,586 | +€176,060 | +48.8% |
| Amounts payable | 17/49 | €172,615 | €488,915 | +€316,300 | +183.2% |
| Amounts payable after more than one year | 17 | €29,824 | €250,349 | +€220,525 | +739.4% |
| Financial debts | 170/4 | €29,824 | €250,349 | +€220,525 | +739.4% |
| Amounts payable within one year | 42/48 | €141,249 | €236,964 | +€95,715 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €17,876 | €43,383 | +€25,507 | +142.7% |
| Trade debts | 44 | €1,101 | €1,653 | +€552 | +50.2% |
| Suppliers | 440/4 | €1,101 | €1,653 | +€552 | +50.2% |
| Taxes, remuneration and social security | 45 | €103,337 | €172,030 | +€68,693 | +66.5% |
| Taxes | 450/3 | €101,337 | €170,030 | +€68,693 | +67.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €18,935 | €19,898 | +€963 | +5.1% |
| Accrued charges and deferred income | 492/3 | €1,542 | €1,603 | +€60 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,896 | €106,642 | +€85,746 | +410.3% |
| Other operating charges | 640/8 | €1,077 | €1,913 | +€836 | +77.6% |
| Gross operating margin | 9900 | €340,603 | €347,141 | +€6,538 | +1.9% |
| Operating profit (loss) | 9901 | €318,630 | €238,586 | -€80,044 | -25.1% |
| Financial income | 75/76B | €2,146 | €4,810 | +€2,663 | +124.1% |
| Recurring financial income | 75 | €2,146 | €4,810 | +€2,663 | +124.1% |
| Financial charges | 65/66B | €3,861 | €9,473 | +€5,612 | +145.4% |
| Recurring financial charges | 65 | €3,861 | €9,473 | +€5,612 | +145.4% |
| Profit (loss) for the period before taxes | 9903 | €316,916 | €233,923 | -€82,993 | -26.2% |
| Income taxes | 67/77 | €77,012 | €57,863 | -€19,149 | -24.9% |
| Profit (loss) for the period | 9904 | €239,904 | €176,060 | -€63,844 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €239,904 | €176,060 | -€63,844 | -26.6% |
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 30 September 2026 via checked.be.