L&H SERVICES: 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 SERVICES
Largest movements
- Stocks and contracts +€18,040
new in 2025: €18,040
- Receivables within one year +€1,985
new in 2025: €1,985
of which Other amounts receivable: +€1,907
- Cash -€1,880
down €1,880 (-42.7%), from €4,405 to €2,525
mainly Stocks and contracts (-€18,040) and Receivables within one year (-€1,985)
- Tax, wage and social debts +€10,442
up €10,442 (+1,000%), from €1,044 to €11,486
of which Remuneration and social security: +€8,883
- Profit (loss) carried forward +€4,670
up €4,670, from -€53 to €4,617
- Trade debts +€2,823
up €2,823 (+5,228%), from €54 to €2,877
- Gross operating margin +€21,536
up €21,536 (+1,777%), from €1,212 to €22,748
- Staff costs +€16,705
up €16,705 (+1,586%), from €1,053 to €17,758
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 | €5,245 | €23,180 | +€17,935 | +342% |
| Fixed assets | 21/28 | €840 | €630 | -€210 | -25.0% |
| Intangible fixed assets | 21 | €840 | €630 | -€210 | -25.0% |
| Current assets | 29/58 | €4,405 | €22,550 | +€18,145 | +412% |
| Stocks and contracts in progress | 3 | - | €18,040 | +€18,040 | |
| Stocks | 30/36 | - | €18,040 | +€18,040 | |
| Amounts receivable within one year | 40/41 | - | €1,985 | +€1,985 | |
| Trade receivables | 40 | - | €78 | +€78 | |
| Other amounts receivable | 41 | - | €1,907 | +€1,907 | |
| Cash at bank and in hand | 54/58 | €4,405 | €2,525 | -€1,880 | -42.7% |
| Total equity and liabilities | 10/49 | €5,245 | €23,180 | +€17,935 | +342% |
| Equity | 10/15 | €3,947 | €8,617 | +€4,670 | +118% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53 | €4,617 | +€4,670 | |
| Amounts payable | 17/49 | €1,298 | €14,563 | +€13,265 | +1,022% |
| Amounts payable within one year | 42/48 | €1,298 | €14,563 | +€13,265 | +1,022% |
| Trade debts | 44 | €54 | €2,877 | +€2,823 | +5,228% |
| Suppliers | 440/4 | €54 | €2,877 | +€2,823 | +5,228% |
| Taxes, remuneration and social security | 45 | €1,044 | €11,486 | +€10,442 | +1,000% |
| Taxes | 450/3 | €1,044 | €2,603 | +€1,559 | +149% |
| Remuneration and social security | 454/9 | - | €8,883 | +€8,883 | |
| Other amounts payable | 47/48 | €200 | €200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,053 | €17,758 | +€16,705 | +1,586% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €210 | = | 0.0% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €1,212 | €22,748 | +€21,536 | +1,777% |
| Operating profit (loss) | 9901 | -€51 | €4,717 | +€4,768 | |
| Financial charges | 65/66B | €2 | €47 | +€45 | +2,250% |
| Recurring financial charges | 65 | €2 | €47 | +€45 | +2,250% |
| Profit (loss) for the period before taxes | 9903 | -€53 | €4,670 | +€4,723 | |
| Profit (loss) for the period | 9904 | -€53 | €4,670 | +€4,723 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53 | €4,670 | +€4,723 |
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 17 October 2026 via checked.be.