Lahove: 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.
Lahove
Largest movements
- Tangible fixed assets -€53,365
down €53,365 (-3.2%), from €1.7m to €1.6m
of which Land and buildings: -€45,160
- Debts after one year -€71,174
down €71,174 (-7.8%), from €916,911 to €845,736
- Other debts +€24,113
up €24,113 (+2.7%), from €885,463 to €909,576
- Profit (loss) carried forward -€20,382
down €20,382 (-9.8%), from -€207,973 to -€228,355
- Gross operating margin +€27,519
up €27,519 (+61.2%), from €44,956 to €72,475
- Depreciation -€1,925
down €1,925 (-2.8%), from €67,573 to €65,648
- Other operating charges +€1,163
up €1,163 (+17.7%), from €6,559 to €7,722
- Financial charges -€924
down €924 (-4.5%), from €20,413 to €19,489
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,726,156 | €1,665,252 | -€60,904 | -3.5% |
| Fixed assets | 21/28 | €1,681,494 | €1,628,129 | -€53,365 | -3.2% |
| Tangible fixed assets | 22/27 | €1,681,494 | €1,628,129 | -€53,365 | -3.2% |
| Land and buildings | 22 | €1,616,348 | €1,571,189 | -€45,160 | -2.8% |
| Plant, machinery and equipment | 23 | €1,765 | €17,500 | +€15,735 | +892% |
| Furniture and vehicles | 24 | €63,381 | €39,440 | -€23,941 | -37.8% |
| Current assets | 29/58 | €44,662 | €37,124 | -€7,538 | -16.9% |
| Stocks and contracts in progress | 3 | €812 | €1,235 | +€423 | +52.1% |
| Stocks | 30/36 | €812 | €1,235 | +€423 | +52.1% |
| Amounts receivable within one year | 40/41 | €12,483 | €3,640 | -€8,843 | -70.8% |
| Trade receivables | 40 | €4,652 | €3,640 | -€1,013 | -21.8% |
| Other amounts receivable | 41 | €7,830 | - | -€7,830 | |
| Cash at bank and in hand | 54/58 | €9,843 | €7,939 | -€1,904 | -19.3% |
| Deferred charges and accrued income | 490/1 | €21,524 | €24,309 | +€2,785 | +12.9% |
| Total equity and liabilities | 10/49 | €1,726,156 | €1,665,252 | -€60,904 | -3.5% |
| Equity | 10/15 | -€157,973 | -€178,355 | -€20,382 | -12.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€207,973 | -€228,355 | -€20,382 | -9.8% |
| Amounts payable | 17/49 | €1,884,129 | €1,843,608 | -€40,521 | -2.2% |
| Amounts payable after more than one year | 17 | €916,911 | €845,736 | -€71,174 | -7.8% |
| Financial debts | 170/4 | €916,911 | €845,736 | -€71,174 | -7.8% |
| Amounts payable within one year | 42/48 | €964,593 | €995,246 | +€30,653 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €75,541 | €77,043 | +€1,502 | +2.0% |
| Trade debts | 44 | €2,239 | €3,228 | +€989 | +44.2% |
| Suppliers | 440/4 | €2,239 | €3,228 | +€989 | +44.2% |
| Taxes, remuneration and social security | 45 | €1,350 | €5,400 | +€4,050 | +300% |
| Taxes | 450/3 | €1,350 | - | -€1,350 | |
| Remuneration and social security | 454/9 | - | €5,400 | +€5,400 | |
| Other amounts payable | 47/48 | €885,463 | €909,576 | +€24,113 | +2.7% |
| Accrued charges and deferred income | 492/3 | €2,626 | €2,626 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,573 | €65,648 | -€1,925 | -2.8% |
| Other operating charges | 640/8 | €6,559 | €7,722 | +€1,163 | +17.7% |
| Gross operating margin | 9900 | €44,956 | €72,475 | +€27,519 | +61.2% |
| Operating profit (loss) | 9901 | -€29,176 | -€895 | +€28,281 | +96.9% |
| Financial income | 75/76B | €211 | €3 | -€208 | -98.8% |
| Recurring financial income | 75 | €211 | €3 | -€208 | -98.8% |
| Financial charges | 65/66B | €20,413 | €19,489 | -€924 | -4.5% |
| Recurring financial charges | 65 | €20,413 | €19,489 | -€924 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€49,379 | -€20,382 | +€28,997 | +58.7% |
| Profit (loss) for the period | 9904 | -€49,379 | -€20,382 | +€28,997 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,379 | -€20,382 | +€28,997 | +58.7% |
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 14 October 2026 via checked.be.