LH CONSULTING: 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 CONSULTING
Largest movements
- Receivables within one year +€7,575
up €7,575 (+65.7%), from €11,527 to €19,102
of which Trade receivables: +€4,951
- Stocks and contracts +€6,000
up €6,000 (+1,200%), from €500 to €6,500
- Cash +€5,658
up €5,658 (+101%), from €5,584 to €11,243
mainly Other debts (+€12,360) and Trade debts (+€5,269)
- Tangible fixed assets -€3,868
down €3,868 (-8.7%), from €44,512 to €40,644
of which Land and buildings: -€24,000
- Deferred charges and accrued income -€1,531
down €1,531 (-92.5%), from €1,656 to €125
- Other debts +€12,360
up €12,360 (+42.9%), from €28,819 to €41,179
- Trade debts +€5,269
up €5,269 (+34.0%), from €15,487 to €20,756
- Profit (loss) carried forward -€4,206
down €4,206 (-42.8%), from -€9,833 to -€14,039
- Advances received -€2,476
no longer reported in 2025 (was €2,476)
- Current portion of long-term debt +€2,151
up €2,151 (+35.8%), from €6,014 to €8,165
- Turnover -€139,712
no longer reported in 2025 (was €139,712)
- Purchases and services -€120,411
no longer reported in 2025 (was €120,411)
- Gross operating margin -€20,170
down €20,170 (-88.3%), from €22,838 to €2,668
- Staff costs -€17,027
down €17,027 (-91.1%), from €18,692 to €1,666
- Depreciation -€10,252
down €10,252 (-81.0%), from €12,663 to €2,411
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 | €64,054 | €77,614 | +€13,560 | +21.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €44,787 | €40,644 | -€4,143 | -9.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €44,512 | €40,644 | -€3,868 | -8.7% |
| Land and buildings | 22 | €32,000 | €8,000 | -€24,000 | -75.0% |
| Plant, machinery and equipment | 23 | €1,456 | €13,269 | +€11,813 | +811% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €9,436 | +€9,436 | |
| Other tangible fixed assets | 26 | €11,056 | €9,939 | -€1,117 | -10.1% |
| Financial fixed assets | 28 | €275 | €0 | -€275 | -100% |
| Current assets | 29/58 | €19,267 | €36,970 | +€17,702 | +91.9% |
| Stocks and contracts in progress | 3 | €500 | €6,500 | +€6,000 | +1,200% |
| Stocks | 30/36 | €500 | €6,500 | +€6,000 | +1,200% |
| Amounts receivable within one year | 40/41 | €11,527 | €19,102 | +€7,575 | +65.7% |
| Trade receivables | 40 | €9,830 | €14,781 | +€4,951 | +50.4% |
| Other amounts receivable | 41 | €1,698 | €4,322 | +€2,624 | +155% |
| Cash at bank and in hand | 54/58 | €5,584 | €11,243 | +€5,658 | +101% |
| Deferred charges and accrued income | 490/1 | €1,656 | €125 | -€1,531 | -92.5% |
| Total equity and liabilities | 10/49 | €64,054 | €77,614 | +€13,560 | +21.2% |
| Equity | 10/15 | -€8,333 | -€12,539 | -€4,206 | -50.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,833 | -€14,039 | -€4,206 | -42.8% |
| Amounts payable | 17/49 | €72,387 | €90,153 | +€17,766 | +24.5% |
| Amounts payable after more than one year | 17 | €17,164 | €18,695 | +€1,531 | +8.9% |
| Financial debts | 170/4 | €17,164 | €18,695 | +€1,531 | +8.9% |
| Amounts payable within one year | 42/48 | €55,224 | €71,459 | +€16,235 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €6,014 | €8,165 | +€2,151 | +35.8% |
| Financial debts | 43 | €2,128 | €0 | -€2,128 | -100% |
| Credit institutions | 430/8 | €2,128 | €0 | -€2,128 | -100% |
| Trade debts | 44 | €15,487 | €20,756 | +€5,269 | +34.0% |
| Suppliers | 440/4 | €15,487 | €20,756 | +€5,269 | +34.0% |
| Advances received on contracts in progress | 46 | €2,476 | - | -€2,476 | |
| Taxes, remuneration and social security | 45 | €300 | €1,358 | +€1,058 | +353% |
| Taxes | 450/3 | €300 | €264 | -€36 | -11.9% |
| Remuneration and social security | 454/9 | - | €1,094 | +€1,094 | |
| Other amounts payable | 47/48 | €28,819 | €41,179 | +€12,360 | +42.9% |
| Turnover | 70 | €139,712 | - | -€139,712 | |
| Non-recurring operating income | 76A | €3,538 | €2,087 | -€1,450 | -41.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,411 | - | -€120,411 | |
| Remuneration, social security and pensions | 62 | €18,692 | €1,666 | -€17,027 | -91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,663 | €2,411 | -€10,252 | -81.0% |
| Other operating charges | 640/8 | €406 | €485 | +€79 | +19.5% |
| Gross operating margin | 9900 | €22,838 | €2,668 | -€20,170 | -88.3% |
| Operating profit (loss) | 9901 | -€8,923 | -€1,893 | +€7,030 | +78.8% |
| Financial income | 75/76B | €94 | €36 | -€58 | -61.7% |
| Recurring financial income | 75 | €94 | €36 | -€58 | -61.7% |
| Financial charges | 65/66B | €995 | €2,338 | +€1,344 | +135% |
| Recurring financial charges | 65 | €995 | €2,338 | +€1,344 | +135% |
| Profit (loss) for the period before taxes | 9903 | -€9,824 | -€4,195 | +€5,629 | +57.3% |
| Income taxes | 67/77 | €10 | €11 | +€1 | +9.9% |
| Profit (loss) for the period | 9904 | -€9,833 | -€4,206 | +€5,628 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,833 | -€4,206 | +€5,628 | +57.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.