LHIX: what changed
Two fiscal 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.
LHIX
Largest movements
- Tangible fixed assets -€29,157
down €29,157 (-2.9%), from €1.0m to €979,633
- Cash -€17,147
down €17,147 (-71.8%), from €23,883 to €6,736
mainly Debts after one year (-€35,178) and Net result for the year (-€32,718)
- Debts after one year -€35,178
down €35,178 (-6.3%), from €560,255 to €525,077
- Profit (loss) carried forward -€32,718
down €32,718 (-35.7%), from -€91,714 to -€124,432
- Other debts +€15,798
up €15,798 (+5.3%), from €300,000 to €315,798
- Gross operating margin -€4,306
down €4,306 (-16.4%), from €26,208 to €21,902
- Depreciation +€1,919
up €1,919 (+5.7%), from €33,513 to €35,431
- Financial charges -€592
down €592 (-3.7%), from €16,087 to €15,494
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.
Cash bridge derived
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 | €1,033,624 | €986,817 | -€46,807 | -4.5% |
| Fixed assets | 21/28 | €1,008,790 | €979,633 | -€29,157 | -2.9% |
| Tangible fixed assets | 22/27 | €1,008,790 | €979,633 | -€29,157 | -2.9% |
| Land and buildings | 22 | €1,008,790 | €979,633 | -€29,157 | -2.9% |
| Current assets | 29/58 | €24,834 | €7,184 | -€17,650 | -71.1% |
| Amounts receivable after more than one year | 29 | €951 | €448 | -€503 | -52.9% |
| Trade receivables | 290 | €798 | €250 | -€548 | -68.7% |
| Other amounts receivable | 291 | €153 | €198 | +€45 | +29.5% |
| Cash at bank and in hand | 54/58 | €23,883 | €6,736 | -€17,147 | -71.8% |
| Total equity and liabilities | 10/49 | €1,033,624 | €986,817 | -€46,807 | -4.5% |
| Equity | 10/15 | €133,286 | €100,568 | -€32,718 | -24.5% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,714 | -€124,432 | -€32,718 | -35.7% |
| Amounts payable | 17/49 | €900,339 | €886,249 | -€14,090 | -1.6% |
| Amounts payable after more than one year | 17 | €560,255 | €525,077 | -€35,178 | -6.3% |
| Financial debts | 170/4 | €560,255 | €525,077 | -€35,178 | -6.3% |
| Amounts payable within one year | 42/48 | €334,544 | €351,115 | +€16,571 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €34,544 | €35,178 | +€634 | +1.8% |
| Trade debts | 44 | - | €139 | +€139 | |
| Suppliers | 440/4 | - | €139 | +€139 | |
| Other amounts payable | 47/48 | €300,000 | €315,798 | +€15,798 | +5.3% |
| Accrued charges and deferred income | 492/3 | €5,540 | €10,057 | +€4,517 | +81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,513 | €35,431 | +€1,919 | +5.7% |
| Other operating charges | 640/8 | €3,497 | €3,739 | +€241 | +6.9% |
| Gross operating margin | 9900 | €26,208 | €21,902 | -€4,306 | -16.4% |
| Operating profit (loss) | 9901 | -€10,802 | -€17,268 | -€6,466 | -59.9% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €16,087 | €15,494 | -€592 | -3.7% |
| Recurring financial charges | 65 | €16,087 | €15,494 | -€592 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,889 | -€32,718 | -€5,829 | -21.7% |
| Profit (loss) for the period | 9904 | -€26,889 | -€32,718 | -€5,829 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,889 | -€32,718 | -€5,829 | -21.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.