LH PROSKIN: 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 PROSKIN
Largest movements
- Receivables within one year +€29,935
up €29,935 (+83.0%), from €36,046 to €65,981
of which Trade receivables: +€33,533
- Intangible fixed assets +€18,011
new in 2024: €18,011
- Cash -€13,023
down €13,023 (-87.6%), from €14,858 to €1,835
mainly Net result for the year (-€46,717) and Receivables within one year (-€29,935)
- Deferred charges and accrued income +€6,232
up €6,232 (+378%), from €1,651 to €7,882
- Tangible fixed assets -€1,985
down €1,985 (-12.5%), from €15,818 to €13,833
of which Furniture and vehicles: -€9,941
- Trade debts +€52,428
up €52,428 (+142%), from €37,028 to €89,455
- Profit (loss) carried forward -€46,717
down €46,717 (-148%), from -€31,593 to -€78,310
- Debts after one year +€16,527
up €16,527 (+105%), from €15,667 to €32,194
- Current portion of long-term debt +€13,370
up €13,370 (+348%), from €3,846 to €17,216
- Other debts +€4,538
up €4,538 (+10.9%), from €41,455 to €45,993
- Staff costs +€5,726
new in 2024: €5,726
- Financial charges +€3,586
up €3,586 (+186%), from €1,926 to €5,512
- Depreciation +€2,115
up €2,115 (+93.5%), from €2,261 to €4,376
- Other operating charges +€1,764
up €1,764 (+177%), from €996 to €2,761
- Gross operating margin -€1,721
down €1,721 (-6.5%), from -€26,410 to -€28,131
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,523 | €112,573 | +€41,050 | +57.4% |
| Fixed assets | 21/28 | €15,818 | €31,844 | +€16,026 | +101% |
| Intangible fixed assets | 21 | - | €18,011 | +€18,011 | |
| Tangible fixed assets | 22/27 | €15,818 | €13,833 | -€1,985 | -12.5% |
| Plant, machinery and equipment | 23 | €5,876 | €13,833 | +€7,957 | +135% |
| Furniture and vehicles | 24 | €9,941 | - | -€9,941 | |
| Current assets | 29/58 | €55,705 | €80,729 | +€25,023 | +44.9% |
| Stocks and contracts in progress | 3 | €3,150 | €5,030 | +€1,880 | +59.7% |
| Stocks | 30/36 | €3,150 | €5,030 | +€1,880 | +59.7% |
| Amounts receivable within one year | 40/41 | €36,046 | €65,981 | +€29,935 | +83.0% |
| Trade receivables | 40 | €32,447 | €65,981 | +€33,533 | +103% |
| Other amounts receivable | 41 | €3,599 | - | -€3,599 | |
| Cash at bank and in hand | 54/58 | €14,858 | €1,835 | -€13,023 | -87.6% |
| Deferred charges and accrued income | 490/1 | €1,651 | €7,882 | +€6,232 | +378% |
| Total equity and liabilities | 10/49 | €71,523 | €112,573 | +€41,050 | +57.4% |
| Equity | 10/15 | -€29,593 | -€76,310 | -€46,717 | -158% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,593 | -€78,310 | -€46,717 | -148% |
| Amounts payable | 17/49 | €101,117 | €188,883 | +€87,767 | +86.8% |
| Amounts payable after more than one year | 17 | €15,667 | €32,194 | +€16,527 | +105% |
| Financial debts | 170/4 | €15,667 | €32,194 | +€16,527 | +105% |
| Amounts payable within one year | 42/48 | €85,450 | €156,689 | +€71,240 | +83.4% |
| Current portion of amounts payable after more than one year | 42 | €3,846 | €17,216 | +€13,370 | +348% |
| Trade debts | 44 | €37,028 | €89,455 | +€52,428 | +142% |
| Suppliers | 440/4 | €37,028 | €89,455 | +€52,428 | +142% |
| Advances received on contracts in progress | 46 | €3,121 | - | -€3,121 | |
| Taxes, remuneration and social security | 45 | - | €4,025 | +€4,025 | |
| Taxes | 450/3 | - | €2,704 | +€2,704 | |
| Remuneration and social security | 454/9 | - | €1,321 | +€1,321 | |
| Other amounts payable | 47/48 | €41,455 | €45,993 | +€4,538 | +10.9% |
| Remuneration, social security and pensions | 62 | - | €5,726 | +€5,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,261 | €4,376 | +€2,115 | +93.5% |
| Other operating charges | 640/8 | €996 | €2,761 | +€1,764 | +177% |
| Gross operating margin | 9900 | -€26,410 | -€28,131 | -€1,721 | -6.5% |
| Operating profit (loss) | 9901 | -€29,668 | -€40,994 | -€11,327 | -38.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,926 | €5,512 | +€3,586 | +186% |
| Recurring financial charges | 65 | €1,926 | €5,512 | +€3,586 | +186% |
| Profit (loss) for the period before taxes | 9903 | -€31,593 | -€46,506 | -€14,913 | -47.2% |
| Income taxes | 67/77 | - | €211 | +€211 | |
| Profit (loss) for the period | 9904 | -€31,593 | -€46,717 | -€15,124 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,593 | -€46,717 | -€15,124 | -47.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.