LHO CONSULT: 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.
LHO CONSULT
Largest movements
- Cash -€3,221
down €3,221 (-30.5%), from €10,578 to €7,356
mainly Net result for the year (-€4,148) and Contributions, distributions and other (-€391)
- Receivables within one year -€1,965
down €1,965 (-17.9%), from €10,977 to €9,012
- Profit (loss) carried forward -€4,539
down €4,539 (-22.8%), from €19,907 to €15,369
- Tax, wage and social debts -€386
no longer reported in 2025 (was €386)
- Trade debts -€261
no longer reported in 2025 (was €261)
- Gross operating margin -€4,068
down €4,068, from €458 to -€3,610
- Taxes -€664
no longer reported in 2025 (was €664)
- Financial income -€391
no longer reported in 2025 (was €391)
- Depreciation -€212
no longer reported in 2025 (was €212)
- Financial charges -€62
down €62 (-30.9%), from €200 to €138
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 | €21,555 | €16,369 | -€5,186 | -24.1% |
| Current assets | 29/58 | €21,555 | €16,369 | -€5,186 | -24.1% |
| Amounts receivable within one year | 40/41 | €10,977 | €9,012 | -€1,965 | -17.9% |
| Other amounts receivable | 41 | €10,977 | €9,012 | -€1,965 | -17.9% |
| Cash at bank and in hand | 54/58 | €10,578 | €7,356 | -€3,221 | -30.5% |
| Total equity and liabilities | 10/49 | €21,555 | €16,369 | -€5,186 | -24.1% |
| Equity | 10/15 | €20,907 | €16,369 | -€4,539 | -21.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,907 | €15,369 | -€4,539 | -22.8% |
| Amounts payable | 17/49 | €647 | - | -€647 | |
| Amounts payable within one year | 42/48 | €647 | - | -€647 | |
| Trade debts | 44 | €261 | - | -€261 | |
| Suppliers | 440/4 | €261 | - | -€261 | |
| Taxes, remuneration and social security | 45 | €386 | - | -€386 | |
| Taxes | 450/3 | €386 | - | -€386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | - | -€212 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €458 | -€3,610 | -€4,068 | |
| Operating profit (loss) | 9901 | -€141 | -€4,010 | -€3,869 | -2,746% |
| Financial income | 75/76B | €391 | - | -€391 | |
| Recurring financial income | 75 | €391 | - | -€391 | |
| Financial charges | 65/66B | €200 | €138 | -€62 | -30.9% |
| Recurring financial charges | 65 | €200 | €138 | -€62 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €50 | -€4,148 | -€4,198 | |
| Income taxes | 67/77 | €664 | - | -€664 | |
| Profit (loss) for the period | 9904 | -€614 | -€4,148 | -€3,534 | -576% |
| Profit (loss) for the period to be appropriated | 9905 | -€614 | -€4,148 | -€3,534 | -576% |
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 16 October 2026 via checked.be.