L.J.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.J.H.
Largest movements
- Receivables within one year -€31,490
down €31,490 (-7.3%), from €429,561 to €398,071
of which Trade receivables: -€27,490
- Reserves -€27,638
down €27,638 (-5.2%), from €526,759 to €499,121
of which Distributable reserves: -€27,638
- Tax, wage and social debts +€10,302
up €10,302 (+30.9%), from €33,316 to €43,618
- Taxes -€13,284
down €13,284 (-55.3%), from €24,002 to €10,718
- Depreciation -€5,440
down €5,440 (-44.6%), from €12,191 to €6,751
- Gross operating margin +€5,040
up €5,040 (+13.4%), from €37,558 to €42,598
- Other operating charges +€1,922
up €1,922 (+523%), from €367 to €2,289
- Financial charges -€1,183
down €1,183 (-29.8%), from €3,972 to €2,788
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,628 | €611,130 | -€28,498 | -4.5% |
| Fixed assets | 21/28 | €124,971 | €128,619 | +€3,649 | +2.9% |
| Tangible fixed assets | 22/27 | €122,171 | €125,819 | +€3,649 | +3.0% |
| Land and buildings | 22 | €119,532 | €114,057 | -€5,475 | -4.6% |
| Furniture and vehicles | 24 | €2,638 | €1,881 | -€758 | -28.7% |
| Other tangible fixed assets | 26 | - | €9,881 | +€9,881 | |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €514,657 | €482,511 | -€32,146 | -6.2% |
| Amounts receivable within one year | 40/41 | €429,561 | €398,071 | -€31,490 | -7.3% |
| Trade receivables | 40 | €59,303 | €31,813 | -€27,490 | -46.4% |
| Other amounts receivable | 41 | €370,258 | €366,258 | -€4,000 | -1.1% |
| Cash at bank and in hand | 54/58 | €73,859 | €73,198 | -€661 | -0.9% |
| Deferred charges and accrued income | 490/1 | €11,237 | €11,242 | +€5 | 0.0% |
| Total equity and liabilities | 10/49 | €639,628 | €611,130 | -€28,498 | -4.5% |
| Equity | 10/15 | €539,159 | €511,521 | -€27,638 | -5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €526,759 | €499,121 | -€27,638 | -5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €524,899 | €497,261 | -€27,638 | -5.3% |
| Amounts payable | 17/49 | €100,469 | €99,609 | -€860 | -0.9% |
| Amounts payable after more than one year | 17 | €54,573 | €48,793 | -€5,781 | -10.6% |
| Financial debts | 170/4 | €54,573 | €48,793 | -€5,781 | -10.6% |
| Amounts payable within one year | 42/48 | €45,895 | €50,816 | +€4,921 | +10.7% |
| Financial debts | 43 | €11,358 | €5,781 | -€5,577 | -49.1% |
| Credit institutions | 430/8 | €11,358 | €5,781 | -€5,577 | -49.1% |
| Trade debts | 44 | €772 | €1,418 | +€646 | +83.8% |
| Suppliers | 440/4 | €772 | €1,418 | +€646 | +83.8% |
| Taxes, remuneration and social security | 45 | €33,316 | €43,618 | +€10,302 | +30.9% |
| Taxes | 450/3 | €33,316 | €43,618 | +€10,302 | +30.9% |
| Other amounts payable | 47/48 | €450 | - | -€450 | |
| Non-recurring operating income | 76A | - | €1,595 | +€1,595 | |
| Remuneration, social security and pensions | 62 | €2,003 | €1,931 | -€72 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,191 | €6,751 | -€5,440 | -44.6% |
| Other operating charges | 640/8 | €367 | €2,289 | +€1,922 | +523% |
| Gross operating margin | 9900 | €37,558 | €42,598 | +€5,040 | +13.4% |
| Operating profit (loss) | 9901 | €22,997 | €31,627 | +€8,630 | +37.5% |
| Financial income | 75/76B | €11,237 | €11,242 | +€5 | 0.0% |
| Recurring financial income | 75 | €11,237 | €11,242 | +€5 | 0.0% |
| Financial charges | 65/66B | €3,972 | €2,788 | -€1,183 | -29.8% |
| Recurring financial charges | 65 | €3,972 | €2,788 | -€1,183 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €30,262 | €40,080 | +€9,818 | +32.4% |
| Income taxes | 67/77 | €24,002 | €10,718 | -€13,284 | -55.3% |
| Profit (loss) for the period | 9904 | €6,260 | €29,362 | +€23,102 | +369% |
| Profit (loss) for the period to be appropriated | 9905 | €6,260 | €29,362 | +€23,102 | +369% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.