L & H: 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.
L & H
Largest movements
- Tangible fixed assets -€9,089
down €9,089 (-13.6%), from €66,649 to €57,560
- Cash +€1,307
up €1,307 (+10,893%), from €12 to €1,319
mainly Depreciation (+€9,088) and Other debts (+€2,890)
- Debts after one year -€10,914
down €10,914 (-12.9%), from €84,516 to €73,602
- Other debts +€2,890
up €2,890 (+18.0%), from €16,035 to €18,925
- Profit (loss) carried forward -€1,446
down €1,446 (-2.9%), from -€50,364 to -€51,810
- Accrued charges and deferred income +€1,350
new in 2024: €1,350
- Gross operating margin +€1,557
up €1,557 (+13.6%), from €11,481 to €13,038
- Financial charges -€455
down €455 (-9.5%), from €4,800 to €4,345
- Other operating charges -€320
down €320 (-23.3%), from €1,371 to €1,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,967 | €59,180 | -€7,787 | -11.6% |
| Fixed assets | 21/28 | €66,649 | €57,560 | -€9,089 | -13.6% |
| Tangible fixed assets | 22/27 | €66,649 | €57,560 | -€9,089 | -13.6% |
| Land and buildings | 22 | €66,649 | €57,560 | -€9,089 | -13.6% |
| Current assets | 29/58 | €318 | €1,620 | +€1,302 | +409% |
| Amounts receivable within one year | 40/41 | €27 | €14 | -€13 | -49.8% |
| Other amounts receivable | 41 | €27 | €14 | -€13 | -49.8% |
| Cash at bank and in hand | 54/58 | €12 | €1,319 | +€1,307 | +10,893% |
| Deferred charges and accrued income | 490/1 | €279 | €287 | +€8 | +3.0% |
| Total equity and liabilities | 10/49 | €66,967 | €59,180 | -€7,787 | -11.6% |
| Equity | 10/15 | -€44,164 | -€45,610 | -€1,446 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,364 | -€51,810 | -€1,446 | -2.9% |
| Amounts payable | 17/49 | €111,131 | €104,790 | -€6,341 | -5.7% |
| Amounts payable after more than one year | 17 | €84,516 | €73,602 | -€10,914 | -12.9% |
| Financial debts | 170/4 | €84,516 | €73,602 | -€10,914 | -12.9% |
| Amounts payable within one year | 42/48 | €26,615 | €29,838 | +€3,223 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €10,406 | €10,913 | +€507 | +4.9% |
| Trade debts | 44 | €160 | - | -€160 | |
| Suppliers | 440/4 | €160 | - | -€160 | |
| Taxes, remuneration and social security | 45 | €14 | - | -€14 | |
| Taxes | 450/3 | €14 | - | -€14 | |
| Other amounts payable | 47/48 | €16,035 | €18,925 | +€2,890 | +18.0% |
| Accrued charges and deferred income | 492/3 | - | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,088 | €9,088 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,371 | €1,051 | -€320 | -23.3% |
| Gross operating margin | 9900 | €11,481 | €13,038 | +€1,557 | +13.6% |
| Operating profit (loss) | 9901 | €1,022 | €2,899 | +€1,877 | +184% |
| Financial charges | 65/66B | €4,800 | €4,345 | -€455 | -9.5% |
| Recurring financial charges | 65 | €4,800 | €4,345 | -€455 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,778 | -€1,446 | +€2,332 | +61.7% |
| Profit (loss) for the period | 9904 | -€3,778 | -€1,446 | +€2,332 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,778 | -€1,446 | +€2,332 | +61.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.