Lhotte Denis: what changed
Lhotte Denis
Largest movements
- Tangible fixed assets +€58,921
up €58,921 (+2,395%), from €2,460 to €61,381
of which Furniture and vehicles: +€56,414
- Cash -€43,282
down €43,282 (-52.7%), from €82,075 to €38,793
mainly Investment in fixed assets (net) (-€59,838) and Tax, wage and social debts (-€847)
- Reserves +€13,169
up €13,169 (+9.9%), from €132,483 to €145,652
- Trade debts +€2,788
up €2,788 (+54.7%), from €5,100 to €7,887
- Purchases and services +€62,160
new in 2025: €62,160
- Gross operating margin -€1,080
down €1,080 (-4.8%), from €22,462 to €21,382
- Taxes -€933
down €933 (-11.9%), from €7,826 to €6,893
- Financial charges +€535
up €535 (+98.4%), from €544 to €1,079
- Other operating charges -€336
down €336 (-38.9%), from €865 to €529
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,268 | €160,378 | +€15,110 | +10.4% |
| Fixed assets | 21/28 | €2,460 | €61,381 | +€58,921 | +2,395% |
| Tangible fixed assets | 22/27 | €2,460 | €61,381 | +€58,921 | +2,395% |
| Plant, machinery and equipment | 23 | €502 | €391 | -€112 | -22.2% |
| Furniture and vehicles | 24 | - | €56,414 | +€56,414 | |
| Other tangible fixed assets | 26 | €1,958 | €4,577 | +€2,619 | +134% |
| Current assets | 29/58 | €142,808 | €98,997 | -€43,811 | -30.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,022 | €19,478 | -€544 | -2.7% |
| Trade receivables | 40 | €18,662 | €10,054 | -€8,609 | -46.1% |
| Other amounts receivable | 41 | €1,360 | €9,424 | +€8,065 | +593% |
| Cash at bank and in hand | 54/58 | €82,075 | €38,793 | -€43,282 | -52.7% |
| Deferred charges and accrued income | 490/1 | €710 | €726 | +€16 | +2.2% |
| Total equity and liabilities | 10/49 | €145,268 | €160,378 | +€15,110 | +10.4% |
| Equity | 10/15 | €132,483 | €145,652 | +€13,169 | +9.9% |
| Reserves | 13 | €132,483 | €145,652 | +€13,169 | +9.9% |
| Distributable reserves | 133 | €132,483 | €145,652 | +€13,169 | +9.9% |
| Amounts payable | 17/49 | €12,785 | €14,726 | +€1,941 | +15.2% |
| Amounts payable within one year | 42/48 | €12,785 | €14,726 | +€1,941 | +15.2% |
| Trade debts | 44 | €5,100 | €7,887 | +€2,788 | +54.7% |
| Suppliers | 440/4 | €5,100 | €7,887 | +€2,788 | +54.7% |
| Taxes, remuneration and social security | 45 | €7,685 | €6,838 | -€847 | -11.0% |
| Taxes | 450/3 | €7,685 | €6,838 | -€847 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €62,160 | +€62,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €917 | +€75 | +8.9% |
| Other operating charges | 640/8 | €865 | €529 | -€336 | -38.9% |
| Gross operating margin | 9900 | €22,462 | €21,382 | -€1,080 | -4.8% |
| Operating profit (loss) | 9901 | €20,756 | €19,937 | -€819 | -3.9% |
| Financial income | 75/76B | €1,094 | €1,205 | +€111 | +10.2% |
| Recurring financial income | 75 | €1,094 | €581 | -€513 | -46.9% |
| Non-recurring financial income | 76B | - | €624 | +€624 | |
| Financial charges | 65/66B | €544 | €1,079 | +€535 | +98.4% |
| Recurring financial charges | 65 | €544 | €1,079 | +€535 | +98.4% |
| Profit (loss) for the period before taxes | 9903 | €21,305 | €20,062 | -€1,243 | -5.8% |
| Income taxes | 67/77 | €7,826 | €6,893 | -€933 | -11.9% |
| Profit (loss) for the period | 9904 | €13,479 | €13,169 | -€310 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,479 | €13,169 | -€310 | -2.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.