LPX Services: 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.
LPX Services
Largest movements
- Receivables within one year +€150,568
up €150,568 (+193.3%), from €77,905 to €228,473
of which Trade receivables: +€169,831
- Cash +€111,069
up €111,069 (+2567.3%), from €4,326 to €115,396
mainly Accrued charges and deferred income (+€145,000) and Trade debts (+€62,265)
- Stocks and contracts +€22,262
up €22,262 (+43.2%), from €51,493 to €73,755
- Tangible fixed assets +€6,805
up €6,805 (+25.2%), from €26,955 to €33,760
of which Plant, machinery and equipment: +€14,109
- Accrued charges and deferred income +€145,000
new in 2025: €145,000
- Trade debts +€62,265
up €62,265 (+98.3%), from €63,373 to €125,638
- Tax, wage and social debts +€46,958
up €46,958 (+214.8%), from €21,859 to €68,817
of which Taxes: +€45,029
- Profit (loss) carried forward +€37,366
up €37,366 (+1457.9%), from €2,563 to €39,929
- Gross operating margin +€56,070
up €56,070 (+25.3%), from €221,515 to €277,585
- Taxes +€11,864
up €11,864 (+1235.5%), from €960 to €12,824
- Depreciation +€8,675
up €8,675 (+147.3%), from €5,889 to €14,564
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 | €160,679 | €451,383 | +€290,704 | +180.9% |
| Fixed assets | 21/28 | €26,955 | €33,760 | +€6,805 | +25.2% |
| Tangible fixed assets | 22/27 | €26,955 | €33,760 | +€6,805 | +25.2% |
| Plant, machinery and equipment | 23 | €10,804 | €24,913 | +€14,109 | +130.6% |
| Furniture and vehicles | 24 | €16,151 | €8,847 | -€7,304 | -45.2% |
| Current assets | 29/58 | €133,724 | €417,623 | +€283,899 | +212.3% |
| Stocks and contracts in progress | 3 | €51,493 | €73,755 | +€22,262 | +43.2% |
| Stocks | 30/36 | €51,493 | €73,755 | +€22,262 | +43.2% |
| Amounts receivable within one year | 40/41 | €77,905 | €228,473 | +€150,568 | +193.3% |
| Trade receivables | 40 | €58,642 | €228,473 | +€169,831 | +289.6% |
| Other amounts receivable | 41 | €19,263 | €0 | -€19,263 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,326 | €115,396 | +€111,069 | +2567.3% |
| Total equity and liabilities | 10/49 | €160,679 | €451,383 | +€290,704 | +180.9% |
| Equity | 10/15 | €15,063 | €52,429 | +€37,366 | +248.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,563 | €39,929 | +€37,366 | +1457.9% |
| Amounts payable | 17/49 | €145,616 | €398,955 | +€253,338 | +174.0% |
| Amounts payable within one year | 42/48 | €145,616 | €253,955 | +€108,338 | +74.4% |
| Trade debts | 44 | €63,373 | €125,638 | +€62,265 | +98.3% |
| Suppliers | 440/4 | €63,373 | €125,638 | +€62,265 | +98.3% |
| Taxes, remuneration and social security | 45 | €21,859 | €68,817 | +€46,958 | +214.8% |
| Taxes | 450/3 | €960 | €45,989 | +€45,029 | +4689.3% |
| Remuneration and social security | 454/9 | €20,899 | €22,828 | +€1,929 | +9.2% |
| Other amounts payable | 47/48 | €60,384 | €59,499 | -€885 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €145,000 | +€145,000 | |
| Remuneration, social security and pensions | 62 | €209,906 | €211,619 | +€1,713 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €14,564 | +€8,675 | +147.3% |
| Other operating charges | 640/8 | €578 | €530 | -€48 | -8.3% |
| Gross operating margin | 9900 | €221,515 | €277,585 | +€56,070 | +25.3% |
| Operating profit (loss) | 9901 | €5,142 | €50,872 | +€45,729 | +889.3% |
| Financial income | 75/76B | - | €326 | +€326 | |
| Recurring financial income | 75 | - | €326 | +€326 | |
| Financial charges | 65/66B | €822 | €1,008 | +€185 | +22.5% |
| Recurring financial charges | 65 | €822 | €1,008 | +€185 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €4,320 | €50,190 | +€45,870 | +1061.9% |
| Income taxes | 67/77 | €960 | €12,824 | +€11,864 | +1235.5% |
| Profit (loss) for the period | 9904 | €3,360 | €37,366 | +€34,006 | +1012.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,360 | €37,366 | +€34,006 | +1012.2% |
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.