LPW Consult: 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.
LPW Consult
Largest movements
- Current investments +€42,898
up €42,898 (+163%), from €26,322 to €69,220
- Receivables within one year -€10,700
down €10,700 (-27.3%), from €39,163 to €28,463
of which Trade receivables: -€34,362
- Tangible fixed assets +€5,325
up €5,325 (+45.1%), from €11,801 to €17,126
of which Furniture and vehicles: +€3,093
- Reserves +€73,781
up €73,781 (+58.0%), from €127,141 to €200,922
- Tax, wage and social debts -€25,372
down €25,372 (-68.9%), from €36,826 to €11,454
of which Taxes: -€25,372
- Trade debts -€6,712
down €6,712 (-64.2%), from €10,452 to €3,740
- Gross operating margin -€75,999
down €75,999 (-55.6%), from €136,752 to €60,753
- Financial income +€46,285
up €46,285 (+13,637%), from €339 to €46,624
- Taxes -€7,631
down €7,631 (-24.7%), from €30,850 to €23,219
- Financial charges +€6,804
up €6,804 (+422%), from €1,611 to €8,416
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 | €180,151 | €221,116 | +€40,964 | +22.7% |
| Fixed assets | 21/28 | €11,801 | €17,126 | +€5,325 | +45.1% |
| Tangible fixed assets | 22/27 | €11,801 | €17,126 | +€5,325 | +45.1% |
| Land and buildings | 22 | €6,073 | €8,305 | +€2,232 | +36.7% |
| Furniture and vehicles | 24 | €5,728 | €8,821 | +€3,093 | +54.0% |
| Current assets | 29/58 | €168,350 | €203,989 | +€35,639 | +21.2% |
| Amounts receivable within one year | 40/41 | €39,163 | €28,463 | -€10,700 | -27.3% |
| Trade receivables | 40 | €37,132 | €2,770 | -€34,362 | -92.5% |
| Other amounts receivable | 41 | €2,031 | €25,693 | +€23,662 | +1,165% |
| Current investments | 50/53 | €26,322 | €69,220 | +€42,898 | +163% |
| Cash at bank and in hand | 54/58 | €101,613 | €103,118 | +€1,506 | +1.5% |
| Deferred charges and accrued income | 490/1 | €1,253 | €3,188 | +€1,935 | +154% |
| Total equity and liabilities | 10/49 | €180,151 | €221,116 | +€40,964 | +22.7% |
| Equity | 10/15 | €132,141 | €205,922 | +€73,781 | +55.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €127,141 | €200,922 | +€73,781 | +58.0% |
| Distributable reserves | 133 | €127,141 | €200,922 | +€73,781 | +58.0% |
| Amounts payable | 17/49 | €48,011 | €15,193 | -€32,817 | -68.4% |
| Amounts payable within one year | 42/48 | €48,011 | €15,193 | -€32,817 | -68.4% |
| Financial debts | 43 | €733 | €0 | -€733 | -100% |
| Other loans | 439 | €733 | €0 | -€733 | -100% |
| Trade debts | 44 | €10,452 | €3,740 | -€6,712 | -64.2% |
| Suppliers | 440/4 | €10,452 | €3,740 | -€6,712 | -64.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €36,826 | €11,454 | -€25,372 | -68.9% |
| Taxes | 450/3 | €34,726 | €9,354 | -€25,372 | -73.1% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378 | €1,430 | +€1,052 | +279% |
| Other operating charges | 640/8 | €272 | €531 | +€259 | +95.2% |
| Gross operating margin | 9900 | €136,752 | €60,753 | -€75,999 | -55.6% |
| Operating profit (loss) | 9901 | €136,102 | €58,792 | -€77,310 | -56.8% |
| Financial income | 75/76B | €339 | €46,624 | +€46,285 | +13,637% |
| Recurring financial income | 75 | €339 | €46,624 | +€46,285 | +13,637% |
| Financial charges | 65/66B | €1,611 | €8,416 | +€6,804 | +422% |
| Recurring financial charges | 65 | €1,611 | €8,416 | +€6,804 | +422% |
| Profit (loss) for the period before taxes | 9903 | €134,830 | €97,000 | -€37,830 | -28.1% |
| Income taxes | 67/77 | €30,850 | €23,219 | -€7,631 | -24.7% |
| Profit (loss) for the period | 9904 | €103,980 | €73,781 | -€30,198 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,980 | €73,781 | -€30,198 | -29.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.