LPOP: 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.
LPOP
Largest movements
- Cash +€20,926
up €20,926 (+286.8%), from €7,296 to €28,222
mainly Net result for the year (+€46,595) and Depreciation (+€24,752)
- Tangible fixed assets +€10,825
up €10,825 (+1.6%), from €657,791 to €668,616
of which Land and buildings: +€10,236
- Profit (loss) carried forward +€46,595
up €46,595 (+270.8%), from €17,205 to €63,800
- Debts after one year -€22,884
down €22,884 (-5.6%), from €408,450 to €385,567
- Tax, wage and social debts +€12,656
up €12,656 (+90.9%), from €13,924 to €26,580
- Gross operating margin +€27,906
up €27,906 (+39.1%), from €71,341 to €99,246
- Financial charges -€17,607
down €17,607 (-70.9%), from €24,836 to €7,229
- Taxes +€17,377
up €17,377 (+793.1%), from €2,191 to €19,568
- Other operating charges -€3,525
down €3,525 (-75.5%), from €4,666 to €1,141
- Depreciation +€3,468
up €3,468 (+16.3%), from €21,285 to €24,752
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 | €686,928 | €721,807 | +€34,879 | +5.1% |
| Fixed assets | 21/28 | €657,791 | €668,616 | +€10,825 | +1.6% |
| Tangible fixed assets | 22/27 | €657,791 | €668,616 | +€10,825 | +1.6% |
| Land and buildings | 22 | €655,526 | €665,762 | +€10,236 | +1.6% |
| Furniture and vehicles | 24 | €2,266 | €2,854 | +€589 | +26.0% |
| Current assets | 29/58 | €29,136 | €53,190 | +€24,054 | +82.6% |
| Amounts receivable within one year | 40/41 | €21,407 | €24,258 | +€2,851 | +13.3% |
| Trade receivables | 40 | €21,407 | €24,258 | +€2,851 | +13.3% |
| Cash at bank and in hand | 54/58 | €7,296 | €28,222 | +€20,926 | +286.8% |
| Deferred charges and accrued income | 490/1 | €433 | €711 | +€277 | +64.0% |
| Total equity and liabilities | 10/49 | €686,928 | €721,807 | +€34,879 | +5.1% |
| Equity | 10/15 | €17,705 | €64,300 | +€46,595 | +263.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | - | -€500 | |
| Issued capital | 100 | €500 | - | -€500 | |
| Profit (loss) carried forward | 14 | €17,205 | €63,800 | +€46,595 | +270.8% |
| Amounts payable | 17/49 | €669,223 | €657,506 | -€11,716 | -1.8% |
| Amounts payable after more than one year | 17 | €408,450 | €385,567 | -€22,884 | -5.6% |
| Financial debts | 170/4 | €408,450 | €385,567 | -€22,884 | -5.6% |
| Amounts payable within one year | 42/48 | €260,772 | €271,940 | +€11,167 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €22,525 | €22,884 | +€359 | +1.6% |
| Trade debts | 44 | €2,999 | €1,744 | -€1,255 | -41.8% |
| Suppliers | 440/4 | €2,999 | €1,744 | -€1,255 | -41.8% |
| Taxes, remuneration and social security | 45 | €13,924 | €26,580 | +€12,656 | +90.9% |
| Taxes | 450/3 | €13,924 | €26,580 | +€12,656 | +90.9% |
| Other amounts payable | 47/48 | €221,325 | €220,732 | -€592 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,285 | €24,752 | +€3,468 | +16.3% |
| Other operating charges | 640/8 | €4,666 | €1,141 | -€3,525 | -75.5% |
| Gross operating margin | 9900 | €71,341 | €99,246 | +€27,906 | +39.1% |
| Operating profit (loss) | 9901 | €45,389 | €73,352 | +€27,963 | +61.6% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €24,836 | €7,229 | -€17,607 | -70.9% |
| Recurring financial charges | 65 | €24,836 | €7,229 | -€17,607 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €20,554 | €66,163 | +€45,610 | +221.9% |
| Income taxes | 67/77 | €2,191 | €19,568 | +€17,377 | +793.1% |
| Profit (loss) for the period | 9904 | €18,363 | €46,595 | +€28,233 | +153.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,363 | €46,595 | +€28,233 | +153.8% |
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.