LHVet: 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.
LHVet
Largest movements
- Receivables within one year -€9,708
down €9,708 (-85.0%), from €11,426 to €1,717
of which Trade receivables: -€11,426
- Cash -€440
down €440 (-8.1%), from €5,450 to €5,009
mainly Tax, wage and social debts (-€5,742) and Net result for the year (-€3,584)
- Tax, wage and social debts -€5,742
down €5,742 (-85.9%), from €6,687 to €944
- Profit (loss) carried forward -€3,584
down €3,584, from €1,754 to -€1,830
- Trade debts -€2,263
down €2,263 (-91.6%), from €2,470 to €207
- Other debts +€1,322
up €1,322 (+60.5%), from €2,185 to €3,507
- Gross operating margin -€5,163
down €5,163, from €3,601 to -€1,562
- Taxes -€839
down €839 (-97.5%), from €861 to €22
- Financial charges +€809
up €809 (+224%), from €362 to €1,171
- Other operating charges +€205
up €205 (+32.8%), from €625 to €830
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,875 | €6,727 | -€10,149 | -60.1% |
| Current assets | 29/58 | €16,875 | €6,727 | -€10,149 | -60.1% |
| Amounts receivable within one year | 40/41 | €11,426 | €1,717 | -€9,708 | -85.0% |
| Trade receivables | 40 | €11,426 | €0 | -€11,426 | -100% |
| Other amounts receivable | 41 | - | €1,717 | +€1,717 | |
| Cash at bank and in hand | 54/58 | €5,450 | €5,009 | -€440 | -8.1% |
| Total equity and liabilities | 10/49 | €16,875 | €6,727 | -€10,149 | -60.1% |
| Equity | 10/15 | €4,754 | €1,170 | -€3,584 | -75.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,754 | -€1,830 | -€3,584 | |
| Amounts payable | 17/49 | €12,122 | €5,557 | -€6,565 | -54.2% |
| Amounts payable within one year | 42/48 | €11,342 | €4,658 | -€6,684 | -58.9% |
| Trade debts | 44 | €2,470 | €207 | -€2,263 | -91.6% |
| Suppliers | 440/4 | €2,470 | €207 | -€2,263 | -91.6% |
| Taxes, remuneration and social security | 45 | €6,687 | €944 | -€5,742 | -85.9% |
| Taxes | 450/3 | €6,687 | €944 | -€5,742 | -85.9% |
| Other amounts payable | 47/48 | €2,185 | €3,507 | +€1,322 | +60.5% |
| Accrued charges and deferred income | 492/3 | €780 | €899 | +€119 | +15.3% |
| Other operating charges | 640/8 | €625 | €830 | +€205 | +32.8% |
| Gross operating margin | 9900 | €3,601 | -€1,562 | -€5,163 | |
| Operating profit (loss) | 9901 | €2,976 | -€2,391 | -€5,368 | |
| Financial charges | 65/66B | €362 | €1,171 | +€809 | +224% |
| Recurring financial charges | 65 | €362 | €1,171 | +€809 | +224% |
| Profit (loss) for the period before taxes | 9903 | €2,615 | -€3,562 | -€6,177 | |
| Income taxes | 67/77 | €861 | €22 | -€839 | -97.5% |
| Profit (loss) for the period | 9904 | €1,754 | -€3,584 | -€5,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,754 | -€3,584 | -€5,338 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.