LBH DRIVER: 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.
LBH DRIVER
Largest movements
- Tangible fixed assets -€6,499
down €6,499 (-50.0%), from €13,001 to €6,501
- Cash -€3,618
down €3,618 (-82.8%), from €4,367 to €749
mainly Net result for the year (-€7,185) and Tax, wage and social debts (-€1,560)
- Receivables within one year +€695
up €695 (+397.3%), from €175 to €870
- Profit (loss) carried forward -€7,185
down €7,185 (-32.4%), from -€22,152 to -€29,336
- Tax, wage and social debts -€1,560
no longer reported in 2025 (was €1,560)
- Other debts -€1,548
down €1,548 (-7.2%), from €21,604 to €20,055
- Trade debts +€870
up €870 (+5.6%), from €15,497 to €16,368
- Other operating charges -€4,537
down €4,537 (-82.4%), from €5,508 to €970
- Depreciation -€2,187
down €2,187 (-25.2%), from €8,686 to €6,499
- Gross operating margin +€570
up €570, from -€107 to €463
- Staff costs -€387
no longer reported in 2025 (was €387)
- Financial charges -€43
down €43 (-19.5%), from €221 to €178
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 | €17,943 | €8,521 | -€9,422 | -52.5% |
| Fixed assets | 21/28 | €13,401 | €6,901 | -€6,499 | -48.5% |
| Tangible fixed assets | 22/27 | €13,001 | €6,501 | -€6,499 | -50.0% |
| Furniture and vehicles | 24 | €13,001 | €6,501 | -€6,499 | -50.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €4,542 | €1,619 | -€2,923 | -64.3% |
| Amounts receivable within one year | 40/41 | €175 | €870 | +€695 | +397.3% |
| Other amounts receivable | 41 | €175 | €870 | +€695 | +397.3% |
| Cash at bank and in hand | 54/58 | €4,367 | €749 | -€3,618 | -82.8% |
| Total equity and liabilities | 10/49 | €17,943 | €8,521 | -€9,422 | -52.5% |
| Equity | 10/15 | -€20,735 | -€27,920 | -€7,185 | -34.6% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Reserves | 13 | €116 | €116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €116 | €116 | = | 0.0% |
| Reserves not available under the articles | 1311 | €116 | €116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,152 | -€29,336 | -€7,185 | -32.4% |
| Amounts payable | 17/49 | €38,678 | €36,440 | -€2,237 | -5.8% |
| Amounts payable after more than one year | 17 | €17 | €17 | = | 0.0% |
| Trade debts | 175 | €17 | €17 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,660 | €36,423 | -€2,237 | -5.8% |
| Trade debts | 44 | €15,497 | €16,368 | +€870 | +5.6% |
| Suppliers | 440/4 | €15,497 | €16,368 | +€870 | +5.6% |
| Taxes, remuneration and social security | 45 | €1,560 | - | -€1,560 | |
| Taxes | 450/3 | €1,560 | - | -€1,560 | |
| Other amounts payable | 47/48 | €21,604 | €20,055 | -€1,548 | -7.2% |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,686 | €6,499 | -€2,187 | -25.2% |
| Other operating charges | 640/8 | €5,508 | €970 | -€4,537 | -82.4% |
| Non-recurring operating charges | 66A | €1,025 | - | -€1,025 | |
| Gross operating margin | 9900 | -€107 | €463 | +€570 | |
| Operating profit (loss) | 9901 | -€15,714 | -€7,007 | +€8,707 | +55.4% |
| Financial charges | 65/66B | €221 | €178 | -€43 | -19.5% |
| Recurring financial charges | 65 | €221 | €178 | -€43 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,935 | -€7,185 | +€8,751 | +54.9% |
| Profit (loss) for the period | 9904 | -€15,935 | -€7,185 | +€8,751 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,935 | -€7,185 | +€8,751 | +54.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.