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
- Tangible fixed assets -€9,177
down €9,177 (-4.9%), from €187,406 to €178,229
- Receivables within one year +€4,171
up €4,171 (+6.2%), from €67,242 to €71,413
of which Other amounts receivable: +€2,537
- Debts after one year -€7,846
down €7,846 (-4.0%), from €194,877 to €187,031
- Profit (loss) carried forward +€7,047
up €7,047 (+32.2%), from -€21,913 to -€14,866
- Tax, wage and social debts -€3,656
down €3,656 (-12.4%), from €29,513 to €25,857
of which Taxes: -€2,181
- Gross operating margin +€43,556
up €43,556 (+88.7%), from €49,093 to €92,649
- Staff costs +€32,274
up €32,274 (+115%), from €27,947 to €60,221
- Depreciation -€4,699
down €4,699 (-33.9%), from €13,876 to €9,177
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,792 | €250,319 | -€4,473 | -1.8% |
| Fixed assets | 21/28 | €187,406 | €178,229 | -€9,177 | -4.9% |
| Tangible fixed assets | 22/27 | €187,406 | €178,229 | -€9,177 | -4.9% |
| Land and buildings | 22 | €187,406 | €178,229 | -€9,177 | -4.9% |
| Current assets | 29/58 | €67,386 | €72,090 | +€4,704 | +7.0% |
| Amounts receivable within one year | 40/41 | €67,242 | €71,413 | +€4,171 | +6.2% |
| Trade receivables | 40 | €40,924 | €42,558 | +€1,634 | +4.0% |
| Other amounts receivable | 41 | €26,318 | €28,855 | +€2,537 | +9.6% |
| Deferred charges and accrued income | 490/1 | €144 | €677 | +€533 | +370% |
| Total equity and liabilities | 10/49 | €254,792 | €250,319 | -€4,473 | -1.8% |
| Equity | 10/15 | €8,087 | €15,134 | +€7,047 | +87.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,913 | -€14,866 | +€7,047 | +32.2% |
| Amounts payable | 17/49 | €246,705 | €235,185 | -€11,520 | -4.7% |
| Amounts payable after more than one year | 17 | €194,877 | €187,031 | -€7,846 | -4.0% |
| Financial debts | 170/4 | €194,877 | €187,031 | -€7,846 | -4.0% |
| Amounts payable within one year | 42/48 | €51,828 | €48,154 | -€3,674 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,268 | €7,846 | +€578 | +7.9% |
| Financial debts | 43 | €7,615 | €7,711 | +€96 | +1.3% |
| Credit institutions | 430/8 | €7,615 | €7,711 | +€96 | +1.3% |
| Trade debts | 44 | €7,432 | €6,740 | -€692 | -9.3% |
| Suppliers | 440/4 | €7,432 | €6,740 | -€692 | -9.3% |
| Taxes, remuneration and social security | 45 | €29,513 | €25,857 | -€3,656 | -12.4% |
| Taxes | 450/3 | €21,283 | €19,102 | -€2,181 | -10.2% |
| Remuneration and social security | 454/9 | €8,230 | €6,754 | -€1,476 | -17.9% |
| Remuneration, social security and pensions | 62 | €27,947 | €60,221 | +€32,274 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,876 | €9,177 | -€4,699 | -33.9% |
| Other operating charges | 640/8 | €2,267 | €1,548 | -€719 | -31.7% |
| Gross operating margin | 9900 | €49,093 | €92,649 | +€43,556 | +88.7% |
| Operating profit (loss) | 9901 | €5,003 | €21,702 | +€16,699 | +334% |
| Financial income | 75/76B | €1,174 | €1,672 | +€497 | +42.4% |
| Recurring financial income | 75 | €1,174 | €1,672 | +€497 | +42.4% |
| Financial charges | 65/66B | €16,590 | €16,327 | -€263 | -1.6% |
| Recurring financial charges | 65 | €16,590 | €16,327 | -€263 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,413 | €7,047 | +€17,460 | |
| Profit (loss) for the period | 9904 | -€10,413 | €7,047 | +€17,460 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,413 | €7,047 | +€17,460 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.