LPFIN: 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.
LPFIN
Largest movements
- Receivables within one year +€85,568
up €85,568 (+524%), from €16,335 to €101,903
of which Other amounts receivable: +€101,688
- Tangible fixed assets -€14,407
down €14,407 (-46.5%), from €30,998 to €16,591
of which Furniture and vehicles: -€21,640
- Cash +€7,322
up €7,322 (+5.4%), from €136,342 to €143,664
mainly Other debts (+€269,865) and Net result for the year (+€177,299)
- Other debts +€269,865
up €269,865 (+510%), from €52,935 to €322,800
- Profit (loss) carried forward -€145,501
no longer reported in 2025 (was €145,501)
- Debts after one year -€27,000
down €27,000 (-48.0%), from €56,250 to €29,250
- Tax, wage and social debts -€22,561
down €22,561 (-94.4%), from €23,902 to €1,341
- Financial income +€37,765
up €37,765 (+42.0%), from €90,020 to €127,785
- Purchases and services +€10,539
up €10,539 (+13.3%), from €79,428 to €89,967
- Gross operating margin -€9,184
down €9,184 (-8.8%), from €104,126 to €94,942
- Financial charges -€3,709
down €3,709 (-90.0%), from €4,121 to €412
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 | €391,635 | €470,118 | +€78,483 | +20.0% |
| Fixed assets | 21/28 | €238,958 | €224,551 | -€14,407 | -6.0% |
| Tangible fixed assets | 22/27 | €30,998 | €16,591 | -€14,407 | -46.5% |
| Furniture and vehicles | 24 | €30,998 | €9,358 | -€21,640 | -69.8% |
| Other tangible fixed assets | 26 | - | €7,233 | +€7,233 | |
| Financial fixed assets | 28 | €207,960 | €207,960 | = | 0.0% |
| Current assets | 29/58 | €152,677 | €245,567 | +€92,890 | +60.8% |
| Amounts receivable within one year | 40/41 | €16,335 | €101,903 | +€85,568 | +524% |
| Trade receivables | 40 | €16,335 | €215 | -€16,120 | -98.7% |
| Other amounts receivable | 41 | - | €101,688 | +€101,688 | |
| Cash at bank and in hand | 54/58 | €136,342 | €143,664 | +€7,322 | +5.4% |
| Total equity and liabilities | 10/49 | €391,635 | €470,118 | +€78,483 | +20.0% |
| Equity | 10/15 | €229,751 | €84,250 | -€145,501 | -63.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €71,750 | €71,750 | = | 0.0% |
| Distributable reserves | 133 | €71,750 | €71,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,501 | - | -€145,501 | |
| Amounts payable | 17/49 | €161,884 | €385,868 | +€223,984 | +138% |
| Amounts payable after more than one year | 17 | €56,250 | €29,250 | -€27,000 | -48.0% |
| Other amounts payable | 178/9 | €56,250 | €29,250 | -€27,000 | -48.0% |
| Amounts payable within one year | 42/48 | €105,634 | €356,618 | +€250,984 | +238% |
| Current portion of amounts payable after more than one year | 42 | €27,000 | €27,000 | = | 0.0% |
| Trade debts | 44 | €1,797 | €5,477 | +€3,680 | +205% |
| Suppliers | 440/4 | €1,797 | €5,477 | +€3,680 | +205% |
| Taxes, remuneration and social security | 45 | €23,902 | €1,341 | -€22,561 | -94.4% |
| Taxes | 450/3 | €23,902 | €1,341 | -€22,561 | -94.4% |
| Other amounts payable | 47/48 | €52,935 | €322,800 | +€269,865 | +510% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,428 | €89,967 | +€10,539 | +13.3% |
| Remuneration, social security and pensions | 62 | €1,920 | €2,034 | +€114 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,212 | €23,213 | +€1 | 0.0% |
| Other operating charges | 640/8 | €180 | €584 | +€404 | +224% |
| Gross operating margin | 9900 | €104,126 | €94,942 | -€9,184 | -8.8% |
| Operating profit (loss) | 9901 | €78,814 | €69,111 | -€9,703 | -12.3% |
| Financial income | 75/76B | €90,020 | €127,785 | +€37,765 | +42.0% |
| Recurring financial income | 75 | €90,020 | €127,785 | +€37,765 | +42.0% |
| Financial charges | 65/66B | €4,121 | €412 | -€3,709 | -90.0% |
| Recurring financial charges | 65 | €4,121 | €412 | -€3,709 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €164,713 | €196,484 | +€31,771 | +19.3% |
| Income taxes | 67/77 | €19,590 | €19,185 | -€405 | -2.1% |
| Profit (loss) for the period | 9904 | €145,123 | €177,299 | +€32,176 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €145,123 | €177,299 | +€32,176 | +22.2% |
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 31 October 2026 via checked.be.