LPTH: what changed
Two financial 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.
LPTH
Largest movements
- Receivables within one year -€24,378
down €24,378 (-14.0%), from €173,821 to €149,443
- Tangible fixed assets +€7,330
up €7,330 (+5.5%), from €133,940 to €141,270
of which Land and buildings: +€8,046
- Cash +€4,794
up €4,794 (+115%), from €4,152 to €8,946
mainly Receivables within one year (+€24,378) and Depreciation (+€3,070)
- Debts after one year -€15,985
down €15,985 (-8.5%), from €188,630 to €172,645
- Financial income -€41,273
down €41,273 (-92.5%), from €44,624 to €3,351
- Gross operating margin +€29,332
up €29,332, from -€24,765 to €4,567
- Purchases and services -€7,839
down €7,839 (-28.9%), from €27,115 to €19,276
- Depreciation -€5,896
down €5,896 (-65.8%), from €8,966 to €3,070
- Other operating charges -€3,628
down €3,628 (-76.4%), from €4,750 to €1,122
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.
Derived cash bridge
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 | €321,658 | €309,394 | -€12,264 | -3.8% |
| Fixed assets | 21/28 | €133,940 | €141,270 | +€7,330 | +5.5% |
| Tangible fixed assets | 22/27 | €133,940 | €141,270 | +€7,330 | +5.5% |
| Land and buildings | 22 | €132,709 | €140,755 | +€8,046 | +6.1% |
| Plant, machinery and equipment | 23 | €561 | €71 | -€490 | -87.3% |
| Furniture and vehicles | 24 | €670 | €444 | -€226 | -33.7% |
| Current assets | 29/58 | €187,718 | €168,124 | -€19,594 | -10.4% |
| Stocks and contracts in progress | 3 | €100 | €50 | -€50 | -50.0% |
| Stocks | 30/36 | €100 | €50 | -€50 | -50.0% |
| Amounts receivable within one year | 40/41 | €173,821 | €149,443 | -€24,378 | -14.0% |
| Other amounts receivable | 41 | €173,821 | €149,443 | -€24,378 | -14.0% |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,152 | €8,946 | +€4,794 | +115% |
| Deferred charges and accrued income | 490/1 | €645 | €685 | +€40 | +6.2% |
| Total equity and liabilities | 10/49 | €321,658 | €309,394 | -€12,264 | -3.8% |
| Equity | 10/15 | €78,378 | €78,588 | +€210 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,918 | €58,128 | +€210 | +0.4% |
| Amounts payable | 17/49 | €243,280 | €230,806 | -€12,474 | -5.1% |
| Amounts payable after more than one year | 17 | €188,630 | €172,645 | -€15,985 | -8.5% |
| Financial debts | 170/4 | €188,630 | €172,645 | -€15,985 | -8.5% |
| Amounts payable within one year | 42/48 | €54,628 | €58,161 | +€3,533 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €15,475 | €15,986 | +€511 | +3.3% |
| Trade debts | 44 | €15 | - | -€15 | |
| Suppliers | 440/4 | €15 | - | -€15 | |
| Taxes, remuneration and social security | 45 | €1,500 | €4,294 | +€2,794 | +186% |
| Taxes | 450/3 | €1,500 | €1,794 | +€294 | +19.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €37,638 | €37,881 | +€243 | +0.6% |
| Accrued charges and deferred income | 492/3 | €22 | - | -€22 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,115 | €19,276 | -€7,839 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,966 | €3,070 | -€5,896 | -65.8% |
| Other operating charges | 640/8 | €4,750 | €1,122 | -€3,628 | -76.4% |
| Gross operating margin | 9900 | -€24,765 | €4,567 | +€29,332 | |
| Operating profit (loss) | 9901 | -€38,481 | €375 | +€38,856 | |
| Financial income | 75/76B | €44,624 | €3,351 | -€41,273 | -92.5% |
| Recurring financial income | 75 | €44,624 | €3,351 | -€41,273 | -92.5% |
| Financial charges | 65/66B | €4,392 | €3,516 | -€876 | -19.9% |
| Recurring financial charges | 65 | €4,392 | €3,516 | -€876 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €1,751 | €210 | -€1,541 | -88.0% |
| Profit (loss) for the period | 9904 | €1,751 | €210 | -€1,541 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,751 | €210 | -€1,541 | -88.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.