LHOIST INDUSTRIE: what changed
What changed
LHOIST INDUSTRIE
NACE 23.520, Manufacture of other non-metallic mineral products
filed annual accounts (NBB)
Net result for the year
€116.0m
2024 · €1.01bn-€895.2m
Equity
€1.33bn
2024 · €1.33bn-€974,968
Cash
€1,942
2024 · €809+€1,132
Balance sheet total
€1.34bn
2024 · €1.40bn-€67.2m
Largest movements
Assets
- Current investments -€62.3m
down €62.3m (-91.2%), from €68.3m to €6.0m
Equity and liabilities
- Other debts -€65.0m
no longer reported in 2025 (was €65.0m)
Income statement
- Financial income -€894.7m
down €894.7m (-88.6%), from €1.01bn to €114.6m
- Turnover -€3.7m
down €3.7m (-10.7%), from €34.2m to €30.5m
- Services and other goods -€2.3m
down €2.3m (-34.7%), from €6.6m to €4.3m
- Provisions -€1.3m
down €1.3m, from €632,054 to -€633,797
- Other operating income -€956,667
down €956,667 (-66.3%), from €1.4m to €486,142
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.01bn
Turnover
-€3.7m
Other operating income
-€956,667
Goods and materials
+€318,580
Services and other goods
+€2.3m
Staff costs
+€228,837
Depreciation
+€119,755
Write-downs
-€193,827
Provisions
+€1.3m
Other operating charges
-€208,153
Other operating items
-€13,735
Financial income
-€894.7m
Financial charges
-€5,644
Taxes
+€311,834
Result 2025
€116.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€53.7m
Investment
+€63.3m
Financing
-€117.0m
Cash 2024
€809
From operations (derived)
+€53.7m
Net result for the year
+€116.0m
Depreciation
+€2.8m
Stocks and contracts
-€918,138
Receivables within one year
+€1.9m
Smaller working-capital items
+€153,877
Provisions
-€633,797
Trade debts
-€1.6m
Other debts
-€65.0m
Accrued charges and deferred income
+€901,878
Investment (derived)
+€63.3m
Investment in fixed assets (net)
+€1.0m
Current investments
+€62.3m
Financing
-€117.0m
Contributions, distributions and other
-€117.0m
Cash 2025
€1,942
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,404,223,374 | €1,336,986,437 | -€67.2m | -4.8% |
| Fixed assets | 21/28 | €1,321,495,300 | €1,317,623,642 | -€3.9m | -0.3% |
| Intangible fixed assets | 21 | €75,561 | €50,486 | -€25,074 | -33.2% |
| Tangible fixed assets | 22/27 | €23,612,667 | €23,588,764 | -€23,903 | -0.1% |
| Land and buildings | 22 | €5,781,431 | €5,739,732 | -€41,699 | -0.7% |
| Plant, machinery and equipment | 23 | €14,242,932 | €13,933,285 | -€309,647 | -2.2% |
| Furniture and vehicles | 24 | €1,862,565 | €1,479,856 | -€382,709 | -20.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €1,725,739 | €2,435,892 | +€710,153 | +41.2% |
| Financial fixed assets | 28 | €1,297,807,072 | €1,293,984,392 | -€3.8m | -0.3% |
| Affiliated companies | 280/1 | €1,297,801,025 | €1,293,978,344 | -€3.8m | -0.3% |
| Participating interests | 280 | €1,297,801,025 | €1,293,978,344 | -€3.8m | -0.3% |
| Other financial fixed assets | 284/8 | €6,047 | €6,047 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,047 | €6,047 | = | 0.0% |
| Current assets | 29/58 | €82,728,074 | €19,362,795 | -€63.4m | -76.6% |
| Stocks and contracts in progress | 3 | €4,042,340 | €4,960,478 | +€918,138 | +22.7% |
| Stocks | 30/36 | €4,042,340 | €4,960,478 | +€918,138 | +22.7% |
| Raw materials and consumables | 30/31 | €4,042,340 | €4,960,478 | +€918,138 | +22.7% |
| Amounts receivable within one year | 40/41 | €10,263,855 | €8,358,877 | -€1.9m | -18.6% |
| Trade receivables | 40 | €9,589,059 | €7,477,602 | -€2.1m | -22.0% |
| Other amounts receivable | 41 | €674,795 | €881,276 | +€206,480 | +30.6% |
| Current investments | 50/53 | €68,289,581 | €6,015,812 | -€62.3m | -91.2% |
| Other investments | 51/53 | €68,289,581 | €6,015,812 | -€62.3m | -91.2% |
| Cash at bank and in hand | 54/58 | €809 | €1,942 | +€1,132 | +140% |
| Deferred charges and accrued income | 490/1 | €131,489 | €25,686 | -€105,803 | -80.5% |
| Total equity and liabilities | 10/49 | €1,404,223,374 | €1,336,986,437 | -€67.2m | -4.8% |
| Equity | 10/15 | €1,328,693,374 | €1,327,718,406 | -€974,968 | -0.1% |
| Contributions | 10/11 | €95,686,000 | €95,686,000 | = | 0.0% |
| Capital | 10 | €95,686,000 | €95,686,000 | = | 0.0% |
| Issued capital | 100 | €95,686,000 | €95,686,000 | = | 0.0% |
| Reserves | 13 | €10,151,618 | €10,151,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,568,600 | €9,568,600 | = | 0.0% |
| Legal reserve | 130 | €9,568,600 | €9,568,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,330 | €68,330 | = | 0.0% |
| Distributable reserves | 133 | €514,688 | €514,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,222,855,756 | €1,221,880,788 | -€974,968 | -0.1% |
| Provisions and deferred taxes | 16 | €1,895,220 | €1,261,424 | -€633,797 | -33.4% |
| Provisions for liabilities and charges | 160/5 | €1,895,220 | €1,261,424 | -€633,797 | -33.4% |
| Pensions and similar obligations | 160 | €1,486,520 | €1,190,656 | -€295,864 | -19.9% |
| Major repairs and maintenance | 162 | €55,000 | - | -€55,000 | |
| Environmental obligations | 163 | €353,700 | - | -€353,700 | |
| Other liabilities and charges | 164/5 | - | €70,768 | +€70,768 | |
| Amounts payable | 17/49 | €73,634,779 | €8,006,608 | -€65.6m | -89.1% |
| Amounts payable within one year | 42/48 | €72,303,269 | €5,773,220 | -€66.5m | -92.0% |
| Trade debts | 44 | €4,953,990 | €3,375,866 | -€1.6m | -31.9% |
| Suppliers | 440/4 | €4,953,990 | €3,375,866 | -€1.6m | -31.9% |
| Taxes, remuneration and social security | 45 | €2,349,280 | €2,397,354 | +€48,074 | +2.0% |
| Taxes | 450/3 | €319,602 | €371,312 | +€51,710 | +16.2% |
| Remuneration and social security | 454/9 | €2,029,678 | €2,026,042 | -€3,636 | -0.2% |
| Other amounts payable | 47/48 | €65,000,000 | - | -€65.0m | |
| Accrued charges and deferred income | 492/3 | €1,331,510 | €2,233,388 | +€901,878 | +67.7% |
| Operating income | 70/76A | €35,707,611 | €31,063,259 | -€4.6m | -13.0% |
| Turnover | 70 | €34,203,673 | €30,529,723 | -€3.7m | -10.7% |
| Own construction capitalised | 72 | €61,129 | €47,394 | -€13,735 | -22.5% |
| Other operating income | 74 | €1,442,809 | €486,142 | -€956,667 | -66.3% |
| Operating charges | 60/66A | €33,602,433 | €29,787,127 | -€3.8m | -11.4% |
| Goods for resale, raw materials and consumables | 60 | €12,646,332 | €12,327,752 | -€318,580 | -2.5% |
| Purchases | 600/8 | €6,468,605 | €14,955,081 | +€8.5m | +131% |
| Change in stocks: decrease (increase) | 609 | €6,177,728 | -€2,627,329 | -€8.8m | |
| Services and other goods | 61 | €6,575,766 | €4,291,503 | -€2.3m | -34.7% |
| Remuneration, social security and pensions | 62 | €10,051,122 | €9,822,285 | -€228,837 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,945,825 | €2,826,070 | -€119,755 | -4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €159,339 | €353,166 | +€193,827 | +122% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €632,054 | -€633,797 | -€1.3m | |
| Other operating charges | 640/8 | €591,993 | €800,146 | +€208,153 | +35.2% |
| Operating profit (loss) | 9901 | €2,105,178 | €1,276,132 | -€829,046 | -39.4% |
| Financial income | 75/76B | €1,009,279,849 | €114,569,047 | -€894.7m | -88.6% |
| Recurring financial income | 75 | €1,009,279,849 | €114,569,047 | -€894.7m | -88.6% |
| Income from financial fixed assets | 750 | €1,007,152,840 | €114,077,808 | -€893.1m | -88.7% |
| Income from current assets | 751 | €2,110,341 | €490,993 | -€1.6m | -76.7% |
| Other financial income | 752/9 | €16,668 | €246 | -€16,422 | -98.5% |
| Financial charges | 65/66B | €18,129 | €23,773 | +€5,644 | +31.1% |
| Recurring financial charges | 65 | €18,129 | €7,078 | -€11,051 | -61.0% |
| Debt charges | 650 | €4,411 | €214 | -€4,197 | -95.1% |
| Other financial charges | 652/9 | €13,718 | €6,864 | -€6,854 | -50.0% |
| Non-recurring financial charges | 66B | - | €16,695 | +€16,695 | |
| Profit (loss) for the period before taxes | 9903 | €1,011,366,898 | €115,821,406 | -€895.5m | -88.5% |
| Income taxes | 67/77 | €108,208 | -€203,626 | -€311,834 | |
| Taxes | 670/3 | €262,362 | €46,483 | -€215,879 | -82.3% |
| Tax adjustments and reversals of tax provisions | 77 | €154,154 | €250,109 | +€95,955 | +62.2% |
| Profit (loss) for the period | 9904 | €1,011,258,690 | €116,025,032 | -€895.2m | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,011,258,690 | €116,025,032 | -€895.2m | -88.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.