LHM ELEKTRONICS: 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.
LHM ELEKTRONICS
Largest movements
- Cash -€37,290
down €37,290 (-30.4%), from €122,567 to €85,277
mainly Net result for the year (-€27,518) and Other debts (-€25,000)
- Receivables within one year -€14,004
down €14,004 (-40.0%), from €35,048 to €21,044
- Profit (loss) carried forward -€27,518
down €27,518, from €25,892 to -€1,626
- Other debts -€25,000
down €25,000 (-80.6%), from €31,009 to €6,009
- Trade debts +€9,086
up €9,086 (+103%), from €8,820 to €17,906
- Tax, wage and social debts -€7,862
down €7,862 (-25.6%), from €30,673 to €22,811
of which Remuneration and social security: -€5,718
- Gross operating margin -€38,991
down €38,991 (-42.0%), from €92,935 to €53,944
- Taxes -€3,557
no longer reported in 2025 (was €3,557)
- Staff costs +€1,822
up €1,822 (+2.3%), from €78,759 to €80,581
- Financial charges -€1,169
down €1,169 (-82.2%), from €1,423 to €254
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 | €166,785 | €115,491 | -€51,294 | -30.8% |
| Current assets | 29/58 | €166,785 | €115,491 | -€51,294 | -30.8% |
| Stocks and contracts in progress | 3 | €9,170 | €9,170 | = | 0.0% |
| Stocks | 30/36 | €9,170 | €9,170 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,048 | €21,044 | -€14,004 | -40.0% |
| Trade receivables | 40 | €35,048 | €21,044 | -€14,004 | -40.0% |
| Cash at bank and in hand | 54/58 | €122,567 | €85,277 | -€37,290 | -30.4% |
| Total equity and liabilities | 10/49 | €166,785 | €115,491 | -€51,294 | -30.8% |
| Equity | 10/15 | €96,283 | €68,765 | -€27,518 | -28.6% |
| Contributions | 10/11 | €46,480 | €46,480 | = | 0.0% |
| Reserves | 13 | €23,911 | €23,911 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,650 | €4,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,650 | €4,650 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,761 | €1,761 | = | 0.0% |
| Distributable reserves | 133 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,892 | -€1,626 | -€27,518 | |
| Amounts payable | 17/49 | €70,502 | €46,726 | -€23,776 | -33.7% |
| Amounts payable within one year | 42/48 | €70,502 | €46,726 | -€23,776 | -33.7% |
| Trade debts | 44 | €8,820 | €17,906 | +€9,086 | +103% |
| Suppliers | 440/4 | €8,820 | €17,906 | +€9,086 | +103% |
| Taxes, remuneration and social security | 45 | €30,673 | €22,811 | -€7,862 | -25.6% |
| Taxes | 450/3 | €6,307 | €4,163 | -€2,144 | -34.0% |
| Remuneration and social security | 454/9 | €24,366 | €18,648 | -€5,718 | -23.5% |
| Other amounts payable | 47/48 | €31,009 | €6,009 | -€25,000 | -80.6% |
| Remuneration, social security and pensions | 62 | €78,759 | €80,581 | +€1,822 | +2.3% |
| Other operating charges | 640/8 | €502 | €627 | +€125 | +24.9% |
| Gross operating margin | 9900 | €92,935 | €53,944 | -€38,991 | -42.0% |
| Operating profit (loss) | 9901 | €13,674 | -€27,264 | -€40,938 | |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,423 | €254 | -€1,169 | -82.2% |
| Recurring financial charges | 65 | €1,423 | €254 | -€1,169 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | €12,285 | -€27,518 | -€39,803 | |
| Income taxes | 67/77 | €3,557 | - | -€3,557 | |
| Profit (loss) for the period | 9904 | €8,728 | -€27,518 | -€36,246 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,728 | -€27,518 | -€36,246 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.