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L-H Trading: 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.

What changed

L-H Trading

BE 0771.878.983
NACE 49.410, Freight transport by road
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€461
2023 · -€7,619+€8,080
Equity
-€6,159
2023 · -€6,619+€461
Cash
€1
2023 · -+€1
Balance sheet total
€2,837
2023 · €18,508-€15,671

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€18,321

    no longer reported in 2024 (was €18,321)

  • Receivables within one year +€2,649

    up €2,649 (+1,417%), from €187 to €2,836

Equity and liabilities
  • Other debts -€7,794

    no longer reported in 2024 (was €7,794)

  • Tax, wage and social debts -€4,037

    no longer reported in 2024 (was €4,037)

  • Debts after one year -€4,035

    down €4,035 (-45.9%), from €8,797 to €4,762

  • Profit (loss) carried forward +€461

    up €461 (+7.0%), from -€6,619 to -€6,159

  • Current portion of long-term debt -€245

    down €245 (-5.5%), from €4,479 to €4,233

Income statement
  • Depreciation -€10,332

    no longer reported in 2024 (was €10,332)

  • Gross operating margin -€2,368

    down €2,368 (-67.4%), from €3,515 to €1,146

  • Financial charges -€116

    down €116 (-14.5%), from €802 to €686

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€7,619
Gross operating margin -€2,368
Depreciation +€10,332
Financial charges +€116
Result 2024 €461
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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.

From operations -€14,019
Investment +€18,321
Financing -€4,301
Cash 2023 €0
Net result for the year +€461
Receivables within one year -€2,649
Tax, wage and social debts -€4,037
Other debts -€7,794
Investment in fixed assets (net) +€18,321
Debts after one year -€4,035
Current portion of long-term debt -€245
Short-term financial debts -€20
Cash 2024 €1
brings cash intakes cash out
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €18,508 €2,837 -€15,671 -84.7%
Fixed assets 21/28 €18,321 - -€18,321
Tangible fixed assets 22/27 €18,321 - -€18,321
Furniture and vehicles 24 €18,321 - -€18,321
Current assets 29/58 €187 €2,837 +€2,650 +1,418%
Amounts receivable within one year 40/41 €187 €2,836 +€2,649 +1,417%
Other amounts receivable 41 €187 €2,836 +€2,649 +1,417%
Cash at bank and in hand 54/58 - €1 +€1
Total equity and liabilities 10/49 €18,508 €2,837 -€15,671 -84.7%
Equity 10/15 -€6,619 -€6,159 +€461 +7.0%
Contributions 10/11 - €0 =
Profit (loss) carried forward 14 -€6,619 -€6,159 +€461 +7.0%
Amounts payable 17/49 €25,127 €8,996 -€16,131 -64.2%
Amounts payable after more than one year 17 €8,797 €4,762 -€4,035 -45.9%
Financial debts 170/4 €8,797 €4,762 -€4,035 -45.9%
Amounts payable within one year 42/48 €16,330 €4,233 -€12,096 -74.1%
Current portion of amounts payable after more than one year 42 €4,479 €4,233 -€245 -5.5%
Financial debts 43 €20 - -€20
Credit institutions 430/8 €20 - -€20
Taxes, remuneration and social security 45 €4,037 - -€4,037
Taxes 450/3 €4,037 - -€4,037
Other amounts payable 47/48 €7,794 - -€7,794
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,332 - -€10,332
Gross operating margin 9900 €3,515 €1,146 -€2,368 -67.4%
Operating profit (loss) 9901 -€6,817 €1,146 +€7,964
Financial charges 65/66B €802 €686 -€116 -14.5%
Recurring financial charges 65 €802 €686 -€116 -14.5%
Profit (loss) for the period before taxes 9903 -€7,619 €461 +€8,080
Profit (loss) for the period 9904 -€7,619 €461 +€8,080
Profit (loss) for the period to be appropriated 9905 -€7,619 €461 +€8,080

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 25 October 2026 via checked.be.