LH BOONE: 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.
LH BOONE
Largest movements
- Current investments +€15,802
up €15,802 (+64.1%), from €24,658 to €40,460
- Receivables within one year -€3,772
down €3,772 (-61.2%), from €6,168 to €2,396
of which Trade receivables: -€3,698
- Cash +€972
up €972 (+4.6%), from €20,983 to €21,956
mainly Net result for the year (+€10,947) and Receivables within one year (+€3,772)
- Reserves +€10,947
up €10,947 (+22.2%), from €49,394 to €60,341
- Trade debts +€1,245
up €1,245 (+1,037%), from €120 to €1,365
- Gross operating margin -€6,706
down €6,706 (-30.8%), from €21,801 to €15,095
- Taxes -€1,314
down €1,314 (-25.3%), from €5,198 to €3,884
- Financial income +€940
new in 2025: €940
- Financial charges -€336
down €336 (-77.1%), from €437 to €100
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
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 | €52,462 | €65,013 | +€12,551 | +23.9% |
| Fixed assets | 21/28 | €653 | €201 | -€452 | -69.2% |
| Tangible fixed assets | 22/27 | €653 | €201 | -€452 | -69.2% |
| Furniture and vehicles | 24 | €653 | €201 | -€452 | -69.2% |
| Current assets | 29/58 | €51,809 | €64,812 | +€13,003 | +25.1% |
| Amounts receivable within one year | 40/41 | €6,168 | €2,396 | -€3,772 | -61.2% |
| Trade receivables | 40 | €5,946 | €2,248 | -€3,698 | -62.2% |
| Other amounts receivable | 41 | €222 | €148 | -€74 | -33.2% |
| Current investments | 50/53 | €24,658 | €40,460 | +€15,802 | +64.1% |
| Cash at bank and in hand | 54/58 | €20,983 | €21,956 | +€972 | +4.6% |
| Total equity and liabilities | 10/49 | €52,462 | €65,013 | +€12,551 | +23.9% |
| Equity | 10/15 | €51,394 | €62,341 | +€10,947 | +21.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,394 | €60,341 | +€10,947 | +22.2% |
| Distributable reserves | 133 | €49,394 | €60,341 | +€10,947 | +22.2% |
| Amounts payable | 17/49 | €1,068 | €2,671 | +€1,604 | +150% |
| Amounts payable within one year | 42/48 | €1,058 | €2,639 | +€1,581 | +149% |
| Trade debts | 44 | €120 | €1,365 | +€1,245 | +1,037% |
| Suppliers | 440/4 | €120 | €1,365 | +€1,245 | +1,037% |
| Taxes, remuneration and social security | 45 | €698 | €602 | -€96 | -13.7% |
| Taxes | 450/3 | €698 | €602 | -€96 | -13.7% |
| Other amounts payable | 47/48 | €240 | €672 | +€432 | +180% |
| Accrued charges and deferred income | 492/3 | €10 | €32 | +€23 | +236% |
| Remuneration, social security and pensions | 62 | €99 | €108 | +€9 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €452 | €452 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €21,801 | €15,095 | -€6,706 | -30.8% |
| Operating profit (loss) | 9901 | €20,723 | €13,992 | -€6,731 | -32.5% |
| Financial income | 75/76B | - | €940 | +€940 | |
| Recurring financial income | 75 | - | €940 | +€940 | |
| Financial charges | 65/66B | €437 | €100 | -€336 | -77.1% |
| Recurring financial charges | 65 | €437 | €100 | -€336 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €20,286 | €14,832 | -€5,454 | -26.9% |
| Income taxes | 67/77 | €5,198 | €3,884 | -€1,314 | -25.3% |
| Profit (loss) for the period | 9904 | €15,088 | €10,947 | -€4,141 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,088 | €10,947 | -€4,141 | -27.4% |
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 16 October 2026 via checked.be.