LH ELECTRICITE: 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 ELECTRICITE
Largest movements
- Receivables within one year -€58,559
down €58,559 (-61.7%), from €94,970 to €36,411
of which Other amounts receivable: -€68,326
- Cash -€47,385
down €47,385 (-18.3%), from €259,546 to €212,161
mainly Contributions, distributions and other (-€182,643) and Stocks and contracts (-€14,088)
- Stocks and contracts +€14,088
new in 2025: €14,088
- Tangible fixed assets +€5,141
up €5,141 (+390%), from €1,318 to €6,458
of which Furniture and vehicles: +€3,789
- Profit (loss) carried forward -€173,674
down €173,674 (-52.1%), from €333,561 to €159,887
- Other debts +€72,941
new in 2025: €72,941
- Trade debts +€17,777
up €17,777 (+89.1%), from €19,945 to €37,722
- Gross operating margin -€17,451
down €17,451 (-53.0%), from €32,910 to €15,459
- Depreciation -€5,058
down €5,058 (-83.4%), from €6,066 to €1,008
- Financial income -€3,327
down €3,327 (-48.1%), from €6,924 to €3,597
- Other operating charges -€2,845
down €2,845 (-58.5%), from €4,866 to €2,021
- Taxes -€2,843
down €2,843 (-47.6%), from €5,971 to €3,128
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 | €357,830 | €274,551 | -€83,280 | -23.3% |
| Fixed assets | 21/28 | €1,367 | €6,507 | +€5,141 | +376% |
| Tangible fixed assets | 22/27 | €1,318 | €6,458 | +€5,141 | +390% |
| Plant, machinery and equipment | 23 | €162 | €512 | +€349 | +215% |
| Furniture and vehicles | 24 | €1,155 | €4,944 | +€3,789 | +328% |
| Other tangible fixed assets | 26 | - | €1,002 | +€1,002 | |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €356,464 | €268,043 | -€88,420 | -24.8% |
| Stocks and contracts in progress | 3 | - | €14,088 | +€14,088 | |
| Stocks | 30/36 | - | €14,088 | +€14,088 | |
| Amounts receivable within one year | 40/41 | €94,970 | €36,411 | -€58,559 | -61.7% |
| Trade receivables | 40 | €5,610 | €15,377 | +€9,766 | +174% |
| Other amounts receivable | 41 | €89,360 | €21,034 | -€68,326 | -76.5% |
| Cash at bank and in hand | 54/58 | €259,546 | €212,161 | -€47,385 | -18.3% |
| Deferred charges and accrued income | 490/1 | €1,947 | €5,383 | +€3,436 | +176% |
| Total equity and liabilities | 10/49 | €357,830 | €274,551 | -€83,280 | -23.3% |
| Equity | 10/15 | €337,561 | €163,887 | -€173,674 | -51.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €333,561 | €159,887 | -€173,674 | -52.1% |
| Amounts payable | 17/49 | €20,270 | €110,664 | +€90,394 | +446% |
| Amounts payable within one year | 42/48 | €20,270 | €110,664 | +€90,394 | +446% |
| Trade debts | 44 | €19,945 | €37,722 | +€17,777 | +89.1% |
| Suppliers | 440/4 | €19,945 | €37,722 | +€17,777 | +89.1% |
| Taxes, remuneration and social security | 45 | €324 | - | -€324 | |
| Taxes | 450/3 | €324 | - | -€324 | |
| Other amounts payable | 47/48 | - | €72,941 | +€72,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,066 | €1,008 | -€5,058 | -83.4% |
| Other operating charges | 640/8 | €4,866 | €2,021 | -€2,845 | -58.5% |
| Gross operating margin | 9900 | €32,910 | €15,459 | -€17,451 | -53.0% |
| Operating profit (loss) | 9901 | €21,979 | €12,431 | -€9,548 | -43.4% |
| Financial income | 75/76B | €6,924 | €3,597 | -€3,327 | -48.1% |
| Recurring financial income | 75 | €6,924 | €3,597 | -€3,327 | -48.1% |
| Financial charges | 65/66B | €4,287 | €3,930 | -€356 | -8.3% |
| Recurring financial charges | 65 | €4,287 | €3,930 | -€356 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €24,616 | €12,097 | -€12,519 | -50.9% |
| Income taxes | 67/77 | €5,971 | €3,128 | -€2,843 | -47.6% |
| Profit (loss) for the period | 9904 | €18,645 | €8,970 | -€9,676 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,645 | €8,970 | -€9,676 | -51.9% |
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 31 October 2026 via checked.be.