LANTHO hvac: what changed
Two fiscal 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.
LANTHO hvac
Largest movements
- Cash -€53,700
down €53,700 (-78.6%), from €68,287 to €14,587
mainly Debts after one year (-€60,597) and Contributions, distributions and other (-€48,235)
- Deferred charges and accrued income +€17,825
up €17,825 (+323.1%), from €5,517 to €23,342
- Financial fixed assets +€15,000
up €15,000 (+3.9%), from €389,550 to €404,550
- Tangible fixed assets -€11,393
down €11,393 (-41.0%), from €27,809 to €16,416
of which Furniture and vehicles: -€10,210
- Debts after one year -€60,597
down €60,597 (-24.4%), from €247,866 to €187,269
- Reserves +€20,720
up €20,720 (+9.8%), from €211,752 to €232,472
- Other debts +€5,550
up €5,550 (+25411.0%), from €22 to €5,572
- Financial income -€36,306
down €36,306 (-57.3%), from €63,403 to €27,097
- Gross operating margin -€11,810
down €11,810 (-12.3%), from €95,745 to €83,935
- Taxes -€4,184
down €4,184 (-19.6%), from €21,383 to €17,199
- Financial charges +€3,204
up €3,204 (+46.7%), from €6,866 to €10,070
- Depreciation +€1,034
up €1,034 (+7.8%), from €13,326 to €14,360
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.
Cash bridge derived
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 | €505,891 | €473,415 | -€32,476 | -6.4% |
| Fixed assets | 21/28 | €417,359 | €420,966 | +€3,607 | +0.9% |
| Tangible fixed assets | 22/27 | €27,809 | €16,416 | -€11,393 | -41.0% |
| Plant, machinery and equipment | 23 | €2,881 | €1,697 | -€1,183 | -41.1% |
| Furniture and vehicles | 24 | €24,928 | €14,718 | -€10,210 | -41.0% |
| Financial fixed assets | 28 | €389,550 | €404,550 | +€15,000 | +3.9% |
| Current assets | 29/58 | €88,532 | €52,449 | -€36,084 | -40.8% |
| Amounts receivable within one year | 40/41 | €14,729 | €14,520 | -€209 | -1.4% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Other amounts receivable | 41 | €209 | - | -€209 | |
| Cash at bank and in hand | 54/58 | €68,287 | €14,587 | -€53,700 | -78.6% |
| Deferred charges and accrued income | 490/1 | €5,517 | €23,342 | +€17,825 | +323.1% |
| Total equity and liabilities | 10/49 | €505,891 | €473,415 | -€32,476 | -6.4% |
| Equity | 10/15 | €216,752 | €237,472 | +€20,720 | +9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €211,752 | €232,472 | +€20,720 | +9.8% |
| Distributable reserves | 133 | €211,752 | €232,472 | +€20,720 | +9.8% |
| Amounts payable | 17/49 | €289,139 | €235,943 | -€53,196 | -18.4% |
| Amounts payable after more than one year | 17 | €247,866 | €187,269 | -€60,597 | -24.4% |
| Financial debts | 170/4 | €247,866 | €187,269 | -€60,597 | -24.4% |
| Amounts payable within one year | 42/48 | €41,273 | €48,674 | +€7,401 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €32,754 | €33,597 | +€844 | +2.6% |
| Trade debts | 44 | €686 | €280 | -€406 | -59.2% |
| Suppliers | 440/4 | €686 | €280 | -€406 | -59.2% |
| Taxes, remuneration and social security | 45 | €7,812 | €9,225 | +€1,413 | +18.1% |
| Taxes | 450/3 | €7,812 | €9,225 | +€1,413 | +18.1% |
| Other amounts payable | 47/48 | €22 | €5,572 | +€5,550 | +25411.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,326 | €14,360 | +€1,034 | +7.8% |
| Other operating charges | 640/8 | €591 | €447 | -€143 | -24.3% |
| Gross operating margin | 9900 | €95,745 | €83,935 | -€11,810 | -12.3% |
| Operating profit (loss) | 9901 | €81,828 | €69,128 | -€12,701 | -15.5% |
| Financial income | 75/76B | €63,403 | €27,097 | -€36,306 | -57.3% |
| Recurring financial income | 75 | €63,403 | €27,097 | -€36,306 | -57.3% |
| Financial charges | 65/66B | €6,866 | €10,070 | +€3,204 | +46.7% |
| Recurring financial charges | 65 | €6,866 | €10,070 | +€3,204 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €138,365 | €86,155 | -€52,211 | -37.7% |
| Income taxes | 67/77 | €21,383 | €17,199 | -€4,184 | -19.6% |
| Profit (loss) for the period | 9904 | €116,982 | €68,955 | -€48,027 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €116,982 | €68,955 | -€48,027 | -41.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.