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LBH: 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.

What changed

LBH

BE 0658.755.209
NACE 81.300, Landscape service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,478
2024 · -€2,153+€6,631
Equity
€93,580
2024 · €89,102+€4,478
Cash
€24,924
2024 · €14,699+€10,225
Balance sheet total
€116,608
2024 · €97,116+€19,491

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€12,586

    up €12,586 (+100.9%), from €12,467 to €25,053

    of which Furniture and vehicles: +€13,173

  • Cash +€10,225

    up €10,225 (+69.6%), from €14,699 to €24,924

    mainly Debts after one year (+€20,653) and Depreciation (+€8,067)

  • Receivables within one year -€2,210

    down €2,210 (-3.3%), from €67,024 to €64,814

    of which Trade receivables: -€2,134

Equity and liabilities
  • Debts after one year +€20,653

    new in 2025: €20,653

  • Profit (loss) carried forward +€4,478

    up €4,478, from -€2,153 to €2,325

  • Tax, wage and social debts -€3,401

    no longer reported in 2025 (was €3,401)

  • Trade debts -€2,239

    down €2,239 (-48.5%), from €4,614 to €2,375

Income statement
  • Write-downs -€6,863

    no longer reported in 2025 (was €6,863)

  • Taxes +€2,044

    up €2,044 (+271.7%), from €752 to €2,796

  • Financial income +€1,735

    up €1,735 (+561.5%), from €309 to €2,043

  • Depreciation -€376

    down €376 (-4.5%), from €8,443 to €8,067

  • Financial charges +€179

    up €179 (+151.3%), from €118 to €297

From the 2024 result to the 2025 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 2024 -€2,153
Gross operating margin -€109
Staff costs +€135
Depreciation +€376
Write-downs +€6,863
Other operating charges -€146
Financial income +€1,735
Financial charges -€179
Taxes -€2,044
Result 2025 €4,478

Cash bridge derived

cash 2024 to 2025

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.

From operations +€10,225
Investment -€20,653
Financing +€20,653
Cash 2024 €14,699
Net result for the year +€4,478
Depreciation +€8,067
Receivables within one year +€2,210
Deferred charges and accrued income +€1,108
Trade debts -€2,239
Tax, wage and social debts -€3,401
Investment in fixed assets (net) -€20,653
Debts after one year +€20,653
Cash 2025 €24,924
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €97,116 €116,608 +€19,491 +20.1%
Fixed assets 21/28 €12,467 €25,053 +€12,586 +100.9%
Tangible fixed assets 22/27 €12,467 €25,053 +€12,586 +100.9%
Plant, machinery and equipment 23 €924 €336 -€587 -63.6%
Furniture and vehicles 24 €11,544 €24,716 +€13,173 +114.1%
Current assets 29/58 €84,649 €91,555 +€6,906 +8.2%
Amounts receivable within one year 40/41 €67,024 €64,814 -€2,210 -3.3%
Trade receivables 40 €22,139 €20,005 -€2,134 -9.6%
Other amounts receivable 41 €44,885 €44,809 -€77 -0.2%
Cash at bank and in hand 54/58 €14,699 €24,924 +€10,225 +69.6%
Deferred charges and accrued income 490/1 €2,925 €1,817 -€1,108 -37.9%
Total equity and liabilities 10/49 €97,116 €116,608 +€19,491 +20.1%
Equity 10/15 €89,102 €93,580 +€4,478 +5.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €72,655 €72,655 = 0.0%
Distributable reserves 133 €72,655 €72,655 = 0.0%
Profit (loss) carried forward 14 -€2,153 €2,325 +€4,478
Amounts payable 17/49 €8,014 €23,028 +€15,013 +187.3%
Amounts payable after more than one year 17 - €20,653 +€20,653
Financial debts 170/4 - €20,653 +€20,653
Amounts payable within one year 42/48 €8,014 €2,375 -€5,640 -70.4%
Trade debts 44 €4,614 €2,375 -€2,239 -48.5%
Suppliers 440/4 €4,614 €2,375 -€2,239 -48.5%
Taxes, remuneration and social security 45 €3,401 - -€3,401
Taxes 450/3 €3,401 - -€3,401
Remuneration, social security and pensions 62 €135 - -€135
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,443 €8,067 -€376 -4.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €6,863 - -€6,863
Other operating charges 640/8 €46 €193 +€146 +315.8%
Gross operating margin 9900 €13,896 €13,787 -€109 -0.8%
Operating profit (loss) 9901 -€1,592 €5,527 +€7,118
Financial income 75/76B €309 €2,043 +€1,735 +561.5%
Recurring financial income 75 €309 €2,043 +€1,735 +561.5%
Financial charges 65/66B €118 €297 +€179 +151.3%
Recurring financial charges 65 €118 €297 +€179 +151.3%
Profit (loss) for the period before taxes 9903 -€1,401 €7,274 +€8,674
Income taxes 67/77 €752 €2,796 +€2,044 +271.7%
Profit (loss) for the period 9904 -€2,153 €4,478 +€6,631
Profit (loss) for the period to be appropriated 9905 -€2,153 €4,478 +€6,631

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.