L.H.B. & Co: 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.B. & Co
Largest movements
- Tangible fixed assets -€16,854
down €16,854 (-11.7%), from €144,646 to €127,792
of which Land and buildings: -€16,153
- Profit (loss) carried forward +€19,767
up €19,767 (+30.4%), from -€65,045 to -€45,278
- Trade debts -€13,506
down €13,506 (-39.2%), from €34,429 to €20,923
- Current portion of long-term debt -€13,321
no longer reported in 2024 (was €13,321)
- Other debts -€10,759
down €10,759 (-89.2%), from €12,064 to €1,305
- Short-term financial debts +€1,936
up €1,936 (+215%), from €902 to €2,838
- Gross operating margin +€18,242
up €18,242 (+74.4%), from €24,529 to €42,772
- Depreciation +€12,236
up €12,236 (+230%), from €5,313 to €17,549
- Other operating charges -€612
down €612 (-28.0%), from €2,182 to €1,570
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,309 | €169,026 | -€15,283 | -8.3% |
| Fixed assets | 21/28 | €146,957 | €130,448 | -€16,509 | -11.2% |
| Intangible fixed assets | 21 | €1,734 | €2,079 | +€345 | +19.9% |
| Tangible fixed assets | 22/27 | €144,646 | €127,792 | -€16,854 | -11.7% |
| Land and buildings | 22 | €143,175 | €127,022 | -€16,153 | -11.3% |
| Furniture and vehicles | 24 | €1,471 | €770 | -€701 | -47.7% |
| Financial fixed assets | 28 | €577 | €577 | = | 0.0% |
| Current assets | 29/58 | €37,353 | €38,578 | +€1,226 | +3.3% |
| Stocks and contracts in progress | 3 | €36,888 | €37,742 | +€855 | +2.3% |
| Stocks | 30/36 | €36,888 | €37,742 | +€855 | +2.3% |
| Amounts receivable within one year | 40/41 | €465 | €836 | +€371 | +79.7% |
| Trade receivables | 40 | €465 | €836 | +€371 | +79.7% |
| Total equity and liabilities | 10/49 | €184,309 | €169,026 | -€15,283 | -8.3% |
| Equity | 10/15 | €72,555 | €92,322 | +€19,767 | +27.2% |
| Contributions | 10/11 | €77,600 | €77,600 | = | 0.0% |
| Revaluation surpluses | 12 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,045 | -€45,278 | +€19,767 | +30.4% |
| Amounts payable | 17/49 | €111,755 | €76,704 | -€35,050 | -31.4% |
| Amounts payable after more than one year | 17 | €45,706 | €45,706 | = | 0.0% |
| Financial debts | 170/4 | €45,706 | €45,706 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,049 | €30,998 | -€35,050 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €13,321 | - | -€13,321 | |
| Financial debts | 43 | €902 | €2,838 | +€1,936 | +215% |
| Credit institutions | 430/8 | €902 | €2,838 | +€1,936 | +215% |
| Trade debts | 44 | €34,429 | €20,923 | -€13,506 | -39.2% |
| Suppliers | 440/4 | €34,429 | €20,923 | -€13,506 | -39.2% |
| Taxes, remuneration and social security | 45 | €5,333 | €5,932 | +€599 | +11.2% |
| Taxes | 450/3 | €5,333 | €5,932 | +€599 | +11.2% |
| Other amounts payable | 47/48 | €12,064 | €1,305 | -€10,759 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,313 | €17,549 | +€12,236 | +230% |
| Other operating charges | 640/8 | €2,182 | €1,570 | -€612 | -28.0% |
| Gross operating margin | 9900 | €24,529 | €42,772 | +€18,242 | +74.4% |
| Operating profit (loss) | 9901 | €17,034 | €23,653 | +€6,619 | +38.9% |
| Financial income | 75/76B | €38 | €0 | -€37 | -98.9% |
| Recurring financial income | 75 | €38 | €0 | -€37 | -98.9% |
| Financial charges | 65/66B | €4,084 | €3,886 | -€198 | -4.9% |
| Recurring financial charges | 65 | €4,084 | €3,886 | -€198 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €12,988 | €19,767 | +€6,780 | +52.2% |
| Profit (loss) for the period | 9904 | €12,988 | €19,767 | +€6,780 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,988 | €19,767 | +€6,780 | +52.2% |
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 29 October 2026 via checked.be.