LPL Management: 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.
LPL Management
Largest movements
- Receivables within one year -€197,884
down €197,884 (-84.0%), from €235,684 to €37,800
- Tangible fixed assets +€162,887
up €162,887 (+1,073%), from €15,186 to €178,073
- Cash -€6,614
down €6,614 (-18.2%), from €36,283 to €29,669
mainly Investment in fixed assets (net) (-€200,464) and Other debts (-€67,927)
- Debts after one year +€78,612
new in 2025: €78,612
- Other debts -€67,927
down €67,927 (-29.8%), from €228,311 to €160,383
- Tax, wage and social debts -€41,823
down €41,823 (-91.1%), from €45,888 to €4,065
- Current portion of long-term debt +€24,803
new in 2025: €24,803
- Trade debts -€19,144
down €19,144 (-93.6%), from €20,463 to €1,319
- Depreciation +€34,932
up €34,932 (+1,321%), from €2,645 to €37,577
- Gross operating margin +€21,409
up €21,409 (+155%), from €13,803 to €35,212
- Other operating charges +€6,433
up €6,433 (+833%), from €772 to €7,204
- Financial charges +€4,144
up €4,144 (+698%), from €594 to €4,738
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 | €288,874 | €248,574 | -€40,300 | -14.0% |
| Fixed assets | 21/28 | €15,186 | €178,073 | +€162,887 | +1,073% |
| Tangible fixed assets | 22/27 | €15,186 | €178,073 | +€162,887 | +1,073% |
| Furniture and vehicles | 24 | €15,186 | €178,073 | +€162,887 | +1,073% |
| Current assets | 29/58 | €273,688 | €70,500 | -€203,187 | -74.2% |
| Amounts receivable within one year | 40/41 | €235,684 | €37,800 | -€197,884 | -84.0% |
| Trade receivables | 40 | €235,684 | €37,800 | -€197,884 | -84.0% |
| Cash at bank and in hand | 54/58 | €36,283 | €29,669 | -€6,614 | -18.2% |
| Deferred charges and accrued income | 490/1 | €1,721 | €3,031 | +€1,310 | +76.1% |
| Total equity and liabilities | 10/49 | €288,874 | €248,574 | -€40,300 | -14.0% |
| Equity | 10/15 | -€6,628 | -€20,935 | -€14,307 | -216% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,628 | -€40,935 | -€14,307 | -53.7% |
| Amounts payable | 17/49 | €295,502 | €269,508 | -€25,993 | -8.8% |
| Amounts payable after more than one year | 17 | - | €78,612 | +€78,612 | |
| Financial debts | 170/4 | - | €78,612 | +€78,612 | |
| Amounts payable within one year | 42/48 | €294,661 | €190,570 | -€104,091 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | - | €24,803 | +€24,803 | |
| Trade debts | 44 | €20,463 | €1,319 | -€19,144 | -93.6% |
| Suppliers | 440/4 | €20,463 | €1,319 | -€19,144 | -93.6% |
| Taxes, remuneration and social security | 45 | €45,888 | €4,065 | -€41,823 | -91.1% |
| Taxes | 450/3 | €45,888 | €4,065 | -€41,823 | -91.1% |
| Other amounts payable | 47/48 | €228,311 | €160,383 | -€67,927 | -29.8% |
| Accrued charges and deferred income | 492/3 | €841 | €327 | -€514 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,645 | €37,577 | +€34,932 | +1,321% |
| Other operating charges | 640/8 | €772 | €7,204 | +€6,433 | +833% |
| Non-recurring operating charges | 66A | €29,732 | - | -€29,732 | |
| Gross operating margin | 9900 | €13,803 | €35,212 | +€21,409 | +155% |
| Operating profit (loss) | 9901 | -€19,346 | -€9,569 | +€9,777 | +50.5% |
| Financial charges | 65/66B | €594 | €4,738 | +€4,144 | +698% |
| Recurring financial charges | 65 | €594 | €4,738 | +€4,144 | +698% |
| Profit (loss) for the period before taxes | 9903 | -€19,940 | -€14,307 | +€5,633 | +28.3% |
| Profit (loss) for the period | 9904 | -€19,940 | -€14,307 | +€5,633 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,940 | -€14,307 | +€5,633 | +28.3% |
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 15 October 2026 via checked.be.