LHJ CONCEPT: 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.
LHJ CONCEPT
Largest movements
- Intangible fixed assets -€5,000
down €5,000 (-12.9%), from €38,750 to €33,750
- Tangible fixed assets -€1,242
down €1,242 (-43.2%), from €2,876 to €1,635
of which Plant, machinery and equipment: -€645
- Receivables within one year -€747
down €747 (-45.1%), from €1,656 to €908
of which Trade receivables: -€1,007
- Profit (loss) carried forward -€5,966
down €5,966 (-194.8%), from -€3,062 to -€9,029
- Other debts -€2,179
down €2,179 (-4.1%), from €52,636 to €50,457
- Gross operating margin -€3,720
down €3,720 (-17.5%), from €21,265 to €17,545
- Staff costs +€1,416
up €1,416 (+9.8%), from €14,399 to €15,815
- Other operating charges +€760
up €760 (+261.2%), from €291 to €1,052
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.
Cash bridge derived
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 | €57,539 | €49,580 | -€7,959 | -13.8% |
| Fixed assets | 21/28 | €44,176 | €37,935 | -€6,242 | -14.1% |
| Intangible fixed assets | 21 | €38,750 | €33,750 | -€5,000 | -12.9% |
| Tangible fixed assets | 22/27 | €2,876 | €1,635 | -€1,242 | -43.2% |
| Plant, machinery and equipment | 23 | €2,280 | €1,635 | -€645 | -28.3% |
| Furniture and vehicles | 24 | €597 | - | -€597 | |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €13,362 | €11,645 | -€1,717 | -12.8% |
| Amounts receivable within one year | 40/41 | €1,656 | €908 | -€747 | -45.1% |
| Trade receivables | 40 | €1,496 | €490 | -€1,007 | -67.3% |
| Other amounts receivable | 41 | €159 | €418 | +€259 | +162.8% |
| Cash at bank and in hand | 54/58 | €10,837 | €10,378 | -€459 | -4.2% |
| Deferred charges and accrued income | 490/1 | €870 | €359 | -€511 | -58.7% |
| Total equity and liabilities | 10/49 | €57,539 | €49,580 | -€7,959 | -13.8% |
| Equity | 10/15 | -€62 | -€6,029 | -€5,966 | -9592.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,062 | -€9,029 | -€5,966 | -194.8% |
| Amounts payable | 17/49 | €57,601 | €55,609 | -€1,992 | -3.5% |
| Amounts payable within one year | 42/48 | €57,601 | €55,609 | -€1,992 | -3.5% |
| Trade debts | 44 | €2,836 | €2,985 | +€148 | +5.2% |
| Suppliers | 440/4 | €2,836 | €2,985 | +€148 | +5.2% |
| Taxes, remuneration and social security | 45 | €2,129 | €2,167 | +€39 | +1.8% |
| Taxes | 450/3 | €507 | - | -€507 | |
| Remuneration and social security | 454/9 | €1,621 | €2,167 | +€546 | +33.7% |
| Other amounts payable | 47/48 | €52,636 | €50,457 | -€2,179 | -4.1% |
| Remuneration, social security and pensions | 62 | €14,399 | €15,815 | +€1,416 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,245 | €6,242 | -€3 | 0.0% |
| Other operating charges | 640/8 | €291 | €1,052 | +€760 | +261.2% |
| Gross operating margin | 9900 | €21,265 | €17,545 | -€3,720 | -17.5% |
| Operating profit (loss) | 9901 | €330 | -€5,564 | -€5,894 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -96.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -96.8% |
| Financial charges | 65/66B | €462 | €403 | -€60 | -12.9% |
| Recurring financial charges | 65 | €462 | €403 | -€60 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€130 | -€5,966 | -€5,836 | -4486.0% |
| Profit (loss) for the period | 9904 | -€130 | -€5,966 | -€5,836 | -4486.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€130 | -€5,966 | -€5,836 | -4486.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.