L&H Consulting Services: what changed
L&H Consulting Services
Largest movements
- Cash +€95,640
up €95,640 (+99.8%), from €95,796 to €191,436
mainly Net result for the year (+€66,848) and Current investments (+€40,000)
- Tangible fixed assets +€42,956
up €42,956 (+584%), from €7,359 to €50,315
of which Leasing and similar rights: +€35,744
- Current investments -€40,000
down €40,000 (-20.1%), from €199,181 to €159,181
- Receivables within one year +€5,129
up €5,129 (+15.9%), from €32,302 to €37,431
of which Trade receivables: +€3,194
- Reserves +€65,182
up €65,182 (+20.4%), from €319,749 to €384,931
- Debts after one year +€29,018
up €29,018, from €0 to €29,018
- Current portion of long-term debt +€8,459
up €8,459 (+581%), from €1,455 to €9,914
- Tax, wage and social debts +€6,848
up €6,848 (+194%), from €3,537 to €10,385
- Gross operating margin -€18,791
down €18,791 (-17.9%), from €104,779 to €85,988
- Financial income +€7,005
up €7,005 (+868%), from €807 to €7,812
- Depreciation -€5,635
down €5,635 (-49.7%), from €11,345 to €5,711
- Taxes -€2,681
down €2,681 (-13.2%), from €20,294 to €17,612
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,295 | €440,986 | +€105,691 | +31.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,359 | €50,315 | +€42,956 | +584% |
| Tangible fixed assets | 22/27 | €7,359 | €50,315 | +€42,956 | +584% |
| Plant, machinery and equipment | 23 | €4,971 | €9,719 | +€4,748 | +95.5% |
| Furniture and vehicles | 24 | - | €2,464 | +€2,464 | |
| Leasing and similar rights | 25 | €2,388 | €38,132 | +€35,744 | +1,497% |
| Current assets | 29/58 | €327,935 | €390,671 | +€62,735 | +19.1% |
| Amounts receivable within one year | 40/41 | €32,302 | €37,431 | +€5,129 | +15.9% |
| Trade receivables | 40 | €24,275 | €27,468 | +€3,194 | +13.2% |
| Other amounts receivable | 41 | €8,027 | €9,963 | +€1,935 | +24.1% |
| Current investments | 50/53 | €199,181 | €159,181 | -€40,000 | -20.1% |
| Cash at bank and in hand | 54/58 | €95,796 | €191,436 | +€95,640 | +99.8% |
| Deferred charges and accrued income | 490/1 | €656 | €2,623 | +€1,966 | +300% |
| Total equity and liabilities | 10/49 | €335,295 | €440,986 | +€105,691 | +31.5% |
| Equity | 10/15 | €324,749 | €389,931 | +€65,182 | +20.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €319,749 | €384,931 | +€65,182 | +20.4% |
| Distributable reserves | 133 | €319,749 | €384,931 | +€65,182 | +20.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,545 | €51,054 | +€40,509 | +384% |
| Amounts payable after more than one year | 17 | €0 | €29,018 | +€29,018 | |
| Financial debts | 170/4 | €0 | €29,018 | +€29,018 | |
| Amounts payable within one year | 42/48 | €10,545 | €22,037 | +€11,492 | +109% |
| Current portion of amounts payable after more than one year | 42 | €1,455 | €9,914 | +€8,459 | +581% |
| Trade debts | 44 | €789 | €584 | -€205 | -25.9% |
| Suppliers | 440/4 | €789 | €584 | -€205 | -25.9% |
| Taxes, remuneration and social security | 45 | €3,537 | €10,385 | +€6,848 | +194% |
| Taxes | 450/3 | €3,537 | €10,385 | +€6,848 | +194% |
| Other amounts payable | 47/48 | €4,764 | €1,153 | -€3,611 | -75.8% |
| Remuneration, social security and pensions | 62 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,345 | €5,711 | -€5,635 | -49.7% |
| Other operating charges | 640/8 | €1,800 | €1,948 | +€148 | +8.2% |
| Gross operating margin | 9900 | €104,779 | €85,988 | -€18,791 | -17.9% |
| Operating profit (loss) | 9901 | €90,433 | €77,130 | -€13,304 | -14.7% |
| Financial income | 75/76B | €807 | €7,812 | +€7,005 | +868% |
| Recurring financial income | 75 | €807 | €7,812 | +€7,005 | +868% |
| Financial charges | 65/66B | €335 | €482 | +€147 | +43.8% |
| Recurring financial charges | 65 | €335 | €482 | +€147 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €90,905 | €84,460 | -€6,445 | -7.1% |
| Income taxes | 67/77 | €20,294 | €17,612 | -€2,681 | -13.2% |
| Profit (loss) for the period | 9904 | €70,611 | €66,848 | -€3,764 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,611 | €66,848 | -€3,764 | -5.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.