LPR: 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.
LPR
Largest movements
- Cash -€58,031
down €58,031 (-45.9%), from €126,321 to €68,290
mainly Net result for the year (-€53,908) and Receivables after one year (-€9,000)
- Receivables within one year -€14,759
down €14,759 (-89.3%), from €16,521 to €1,762
of which Trade receivables: -€15,342
- Receivables after one year +€9,000
new in 2025: €9,000
- Tangible fixed assets -€3,661
down €3,661 (-24.8%), from €14,768 to €11,107
of which Leasing and similar rights: -€3,155
- Reserves -€41,925
down €41,925 (-35.4%), from €118,315 to €76,390
of which Distributable reserves: -€41,925
- Profit (loss) carried forward -€11,983
new in 2025: -€11,983
- Trade debts -€8,830
down €8,830 (-87.6%), from €10,075 to €1,245
- Tax, wage and social debts -€3,355
down €3,355 (-92.2%), from €3,639 to €284
- Gross operating margin -€97,577
down €97,577, from €49,457 to -€48,120
- Other operating charges -€19,118
down €19,118 (-99.7%), from €19,180 to €62
- Taxes -€8,133
down €8,133 (-96.6%), from €8,417 to €284
- Financial income +€713
up €713 (+309.6%), from €230 to €943
- Financial charges -€629
down €629 (-34.5%), from €1,824 to €1,196
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 | €167,315 | €99,687 | -€67,629 | -40.4% |
| Fixed assets | 21/28 | €14,768 | €11,107 | -€3,661 | -24.8% |
| Tangible fixed assets | 22/27 | €14,768 | €11,107 | -€3,661 | -24.8% |
| Plant, machinery and equipment | 23 | €2,477 | €2,929 | +€452 | +18.3% |
| Furniture and vehicles | 24 | €4,487 | €3,528 | -€959 | -21.4% |
| Leasing and similar rights | 25 | €7,805 | €4,650 | -€3,155 | -40.4% |
| Current assets | 29/58 | €152,547 | €88,580 | -€63,967 | -41.9% |
| Amounts receivable after more than one year | 29 | - | €9,000 | +€9,000 | |
| Other amounts receivable | 291 | - | €9,000 | +€9,000 | |
| Amounts receivable within one year | 40/41 | €16,521 | €1,762 | -€14,759 | -89.3% |
| Trade receivables | 40 | €16,484 | €1,142 | -€15,342 | -93.1% |
| Other amounts receivable | 41 | €37 | €620 | +€583 | +1590.8% |
| Cash at bank and in hand | 54/58 | €126,321 | €68,290 | -€58,031 | -45.9% |
| Deferred charges and accrued income | 490/1 | €9,705 | €9,527 | -€177 | -1.8% |
| Total equity and liabilities | 10/49 | €167,315 | €99,687 | -€67,629 | -40.4% |
| Equity | 10/15 | €143,315 | €89,407 | -€53,908 | -37.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €118,315 | €76,390 | -€41,925 | -35.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €115,815 | €73,890 | -€41,925 | -36.2% |
| Profit (loss) carried forward | 14 | - | -€11,983 | -€11,983 | |
| Amounts payable | 17/49 | €24,000 | €10,279 | -€13,721 | -57.2% |
| Amounts payable within one year | 42/48 | €24,000 | €10,279 | -€13,721 | -57.2% |
| Trade debts | 44 | €10,075 | €1,245 | -€8,830 | -87.6% |
| Suppliers | 440/4 | €10,075 | €1,245 | -€8,830 | -87.6% |
| Taxes, remuneration and social security | 45 | €3,639 | €284 | -€3,355 | -92.2% |
| Taxes | 450/3 | €3,639 | €284 | -€3,355 | -92.2% |
| Other amounts payable | 47/48 | €10,286 | €8,751 | -€1,536 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,696 | €5,190 | +€494 | +10.5% |
| Other operating charges | 640/8 | €19,180 | €62 | -€19,118 | -99.7% |
| Gross operating margin | 9900 | €49,457 | -€48,120 | -€97,577 | |
| Operating profit (loss) | 9901 | €25,581 | -€53,372 | -€78,953 | |
| Financial income | 75/76B | €230 | €943 | +€713 | +309.6% |
| Recurring financial income | 75 | €230 | €943 | +€713 | +309.6% |
| Financial charges | 65/66B | €1,824 | €1,196 | -€629 | -34.5% |
| Recurring financial charges | 65 | €1,824 | €1,196 | -€629 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €23,987 | -€53,624 | -€77,611 | |
| Income taxes | 67/77 | €8,417 | €284 | -€8,133 | -96.6% |
| Profit (loss) for the period | 9904 | €15,569 | -€53,908 | -€69,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,569 | -€53,908 | -€69,477 |
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 8 October 2026 via checked.be.