LUYPAERT: 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.
LUYPAERT
Largest movements
- Receivables within one year +€21,261
up €21,261 (+43.8%), from €48,503 to €69,765
of which Trade receivables: +€24,253
- Tangible fixed assets -€20,114
down €20,114 (-26.0%), from €77,467 to €57,353
of which Furniture and vehicles: -€23,657
- Stocks and contracts +€12,807
up €12,807 (+25.1%), from €51,122 to €63,929
- Reserves +€14,638
up €14,638 (+14.6%), from €99,941 to €114,579
- Current portion of long-term debt -€12,216
down €12,216 (-89.5%), from €13,645 to €1,429
- Other debts +€7,510
up €7,510 (+8,309%), from €90 to €7,601
- Tax, wage and social debts +€6,433
up €6,433 (+195%), from €3,300 to €9,733
- Gross operating margin +€13,442
up €13,442 (+41.6%), from €32,317 to €45,759
- Taxes +€4,216
up €4,216 (+164%), from €2,570 to €6,785
- Depreciation -€971
down €971 (-3.7%), from €26,406 to €25,435
- Financial charges -€494
down €494 (-45.2%), from €1,093 to €599
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,987 | €360,630 | +€11,644 | +3.3% |
| Fixed assets | 21/28 | €77,467 | €57,353 | -€20,114 | -26.0% |
| Tangible fixed assets | 22/27 | €77,467 | €57,353 | -€20,114 | -26.0% |
| Furniture and vehicles | 24 | €74,839 | €51,182 | -€23,657 | -31.6% |
| Leasing and similar rights | 25 | €2,628 | €1,285 | -€1,344 | -51.1% |
| Other tangible fixed assets | 26 | - | €4,887 | +€4,887 | |
| Current assets | 29/58 | €271,519 | €303,277 | +€31,758 | +11.7% |
| Stocks and contracts in progress | 3 | €51,122 | €63,929 | +€12,807 | +25.1% |
| Stocks | 30/36 | €51,122 | €63,929 | +€12,807 | +25.1% |
| Amounts receivable within one year | 40/41 | €48,503 | €69,765 | +€21,261 | +43.8% |
| Trade receivables | 40 | €35,850 | €60,103 | +€24,253 | +67.7% |
| Other amounts receivable | 41 | €12,653 | €9,662 | -€2,992 | -23.6% |
| Cash at bank and in hand | 54/58 | €161,372 | €160,023 | -€1,349 | -0.8% |
| Deferred charges and accrued income | 490/1 | €10,522 | €9,560 | -€962 | -9.1% |
| Total equity and liabilities | 10/49 | €348,987 | €360,630 | +€11,644 | +3.3% |
| Equity | 10/15 | €321,894 | €336,531 | +€14,638 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,941 | €114,579 | +€14,638 | +14.6% |
| Distributable reserves | 133 | €99,941 | €114,579 | +€14,638 | +14.6% |
| Profit (loss) carried forward | 14 | €215,752 | €215,752 | = | 0.0% |
| Amounts payable | 17/49 | €27,093 | €24,099 | -€2,994 | -11.1% |
| Amounts payable after more than one year | 17 | €1,429 | - | -€1,429 | |
| Financial debts | 170/4 | €1,429 | - | -€1,429 | |
| Amounts payable within one year | 42/48 | €25,664 | €24,099 | -€1,565 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €13,645 | €1,429 | -€12,216 | -89.5% |
| Trade debts | 44 | €8,629 | €5,336 | -€3,293 | -38.2% |
| Suppliers | 440/4 | €8,629 | €5,336 | -€3,293 | -38.2% |
| Taxes, remuneration and social security | 45 | €3,300 | €9,733 | +€6,433 | +195% |
| Taxes | 450/3 | €3,300 | €9,733 | +€6,433 | +195% |
| Other amounts payable | 47/48 | €90 | €7,601 | +€7,510 | +8,309% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,406 | €25,435 | -€971 | -3.7% |
| Other operating charges | 640/8 | €912 | €1,178 | +€265 | +29.1% |
| Gross operating margin | 9900 | €32,317 | €45,759 | +€13,442 | +41.6% |
| Operating profit (loss) | 9901 | €4,998 | €19,147 | +€14,149 | +283% |
| Financial income | 75/76B | €2,665 | €2,875 | +€210 | +7.9% |
| Recurring financial income | 75 | €2,665 | €2,875 | +€210 | +7.9% |
| Financial charges | 65/66B | €1,093 | €599 | -€494 | -45.2% |
| Recurring financial charges | 65 | €1,093 | €599 | -€494 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €6,570 | €21,423 | +€14,853 | +226% |
| Income taxes | 67/77 | €2,570 | €6,785 | +€4,216 | +164% |
| Profit (loss) for the period | 9904 | €4,000 | €14,638 | +€10,637 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €4,000 | €14,638 | +€10,637 | +266% |
Source: filed annual accounts (NBB), financial years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.