LH LOGISTICS: 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 LOGISTICS
Largest movements
- Receivables within one year +€14,046
up €14,046 (+22.2%), from €63,367 to €77,414
- Trade debts +€22,662
up €22,662 (+740%), from €3,062 to €25,724
- Tax, wage and social debts -€17,263
down €17,263 (-94.4%), from €18,283 to €1,020
- Other debts +€10,785
up €10,785 (+369%), from €2,923 to €13,708
- Profit (loss) carried forward -€8,305
down €8,305 (-29.3%), from €28,362 to €20,056
- Advances received +€5,991
up €5,991 (+67.5%), from €8,872 to €14,863
- Turnover -€229,011
no longer reported in 2025 (was €229,011)
- Purchases and services -€200,618
no longer reported in 2025 (was €200,618)
- Gross operating margin -€36,627
down €36,627, from €28,393 to -€8,234
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 | €65,001 | €78,870 | +€13,870 | +21.3% |
| Current assets | 29/58 | €65,001 | €78,870 | +€13,870 | +21.3% |
| Amounts receivable within one year | 40/41 | €63,367 | €77,414 | +€14,046 | +22.2% |
| Trade receivables | 40 | €63,367 | €77,414 | +€14,046 | +22.2% |
| Cash at bank and in hand | 54/58 | €1,633 | €1,457 | -€177 | -10.8% |
| Total equity and liabilities | 10/49 | €65,001 | €78,870 | +€13,870 | +21.3% |
| Equity | 10/15 | €31,862 | €23,556 | -€8,305 | -26.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,362 | €20,056 | -€8,305 | -29.3% |
| Amounts payable | 17/49 | €33,139 | €55,314 | +€22,175 | +66.9% |
| Amounts payable within one year | 42/48 | €33,139 | €55,314 | +€22,175 | +66.9% |
| Trade debts | 44 | €3,062 | €25,724 | +€22,662 | +740% |
| Suppliers | 440/4 | €3,062 | €25,724 | +€22,662 | +740% |
| Advances received on contracts in progress | 46 | €8,872 | €14,863 | +€5,991 | +67.5% |
| Taxes, remuneration and social security | 45 | €18,283 | €1,020 | -€17,263 | -94.4% |
| Taxes | 450/3 | €18,283 | €1,020 | -€17,263 | -94.4% |
| Other amounts payable | 47/48 | €2,923 | €13,708 | +€10,785 | +369% |
| Turnover | 70 | €229,011 | - | -€229,011 | |
| Goods, raw materials, services and sundry goods | 60/61 | €200,618 | - | -€200,618 | |
| Gross operating margin | 9900 | €28,393 | -€8,234 | -€36,627 | |
| Operating profit (loss) | 9901 | €28,393 | -€8,234 | -€36,627 | |
| Financial income | 75/76B | €5 | €1 | -€4 | -79.8% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -79.8% |
| Financial charges | 65/66B | €36 | €73 | +€36 | +101% |
| Recurring financial charges | 65 | €36 | €73 | +€36 | +101% |
| Profit (loss) for the period before taxes | 9903 | €28,362 | -€8,305 | -€36,667 | |
| Profit (loss) for the period | 9904 | €28,362 | -€8,305 | -€36,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,362 | -€8,305 | -€36,667 |
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 24 October 2026 via checked.be.