LPS Advisory: 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.
LPS Advisory
Largest movements
- Deferred charges and accrued income +€10,009
up €10,009 (+4737.7%), from €211 to €10,220
- Cash +€5,288
up €5,288 (+5.0%), from €105,445 to €110,733
mainly Net result for the year (+€51,157) and Other debts (+€31,454)
- Receivables within one year +€4,262
up €4,262 (+20.0%), from €21,319 to €25,581
of which Trade receivables: +€3,630
- Tangible fixed assets -€1,673
down €1,673 (-28.7%), from €5,827 to €4,154
- Other debts +€31,454
up €31,454 (+37.9%), from €82,964 to €114,417
- Tax, wage and social debts -€11,659
down €11,659 (-27.7%), from €42,166 to €30,507
of which Taxes: -€11,659
- Profit (loss) carried forward -€1,884
down €1,884 (-58.5%), from €3,222 to €1,337
- Gross operating margin -€37,882
down €37,882 (-35.0%), from €108,221 to €70,339
- Taxes -€7,902
down €7,902 (-35.5%), from €22,270 to €14,368
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 | €132,802 | €150,688 | +€17,886 | +13.5% |
| Fixed assets | 21/28 | €5,827 | €4,154 | -€1,673 | -28.7% |
| Tangible fixed assets | 22/27 | €5,827 | €4,154 | -€1,673 | -28.7% |
| Furniture and vehicles | 24 | €5,827 | €4,154 | -€1,673 | -28.7% |
| Current assets | 29/58 | €126,975 | €146,534 | +€19,559 | +15.4% |
| Amounts receivable within one year | 40/41 | €21,319 | €25,581 | +€4,262 | +20.0% |
| Trade receivables | 40 | €14,520 | €18,150 | +€3,630 | +25.0% |
| Other amounts receivable | 41 | €6,799 | €7,431 | +€632 | +9.3% |
| Cash at bank and in hand | 54/58 | €105,445 | €110,733 | +€5,288 | +5.0% |
| Deferred charges and accrued income | 490/1 | €211 | €10,220 | +€10,009 | +4737.7% |
| Total equity and liabilities | 10/49 | €132,802 | €150,688 | +€17,886 | +13.5% |
| Equity | 10/15 | €6,038 | €4,154 | -€1,884 | -31.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €317 | €317 | = | 0.0% |
| Non-distributable reserves | 130/1 | €317 | €317 | = | 0.0% |
| Reserves not available under the articles | 1311 | €317 | €317 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,222 | €1,337 | -€1,884 | -58.5% |
| Amounts payable | 17/49 | €126,763 | €146,534 | +€19,770 | +15.6% |
| Amounts payable within one year | 42/48 | €126,763 | €146,534 | +€19,770 | +15.6% |
| Trade debts | 44 | €1,634 | €1,610 | -€24 | -1.5% |
| Suppliers | 440/4 | €1,634 | €1,610 | -€24 | -1.5% |
| Taxes, remuneration and social security | 45 | €42,166 | €30,507 | -€11,659 | -27.7% |
| Taxes | 450/3 | €38,666 | €27,007 | -€11,659 | -30.2% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €82,964 | €114,417 | +€31,454 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,717 | €1,673 | -€44 | -2.5% |
| Other operating charges | 640/8 | €1,892 | €963 | -€929 | -49.1% |
| Gross operating margin | 9900 | €108,221 | €70,339 | -€37,882 | -35.0% |
| Operating profit (loss) | 9901 | €104,612 | €67,703 | -€36,909 | -35.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,667 | €2,179 | -€489 | -18.3% |
| Recurring financial charges | 65 | €1,669 | €2,179 | +€510 | +30.5% |
| Non-recurring financial charges | 66B | €998 | - | -€998 | |
| Profit (loss) for the period before taxes | 9903 | €101,945 | €65,525 | -€36,420 | -35.7% |
| Income taxes | 67/77 | €22,270 | €14,368 | -€7,902 | -35.5% |
| Profit (loss) for the period | 9904 | €79,674 | €51,157 | -€28,517 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,674 | €51,157 | -€28,517 | -35.8% |
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 6 October 2026 via checked.be.