LMH ECo: 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.
LMH ECo
Largest movements
- Cash +€14,535
up €14,535 (+42.5%), from €34,219 to €48,753
mainly Net result for the year (+€8,086) and Tax, wage and social debts (+€5,389)
- Profit (loss) carried forward +€8,136
up €8,136 (+56.6%), from €14,366 to €22,502
- Tax, wage and social debts +€5,389
up €5,389 (+197%), from €2,730 to €8,119
- Trade debts +€1,473
up €1,473 (+25.8%), from €5,709 to €7,182
- Gross operating margin -€8,032
down €8,032 (-33.5%), from €24,004 to €15,971
- Taxes +€6,959
new in 2025: €6,959
- Financial charges +€760
up €760 (+877%), from €87 to €846
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 | €36,505 | €51,503 | +€14,998 | +41.1% |
| Current assets | 29/58 | €36,505 | €51,503 | +€14,998 | +41.1% |
| Amounts receivable within one year | 40/41 | €2,286 | €2,749 | +€463 | +20.3% |
| Trade receivables | 40 | - | €645 | +€645 | |
| Other amounts receivable | 41 | €2,286 | €2,105 | -€181 | -7.9% |
| Cash at bank and in hand | 54/58 | €34,219 | €48,753 | +€14,535 | +42.5% |
| Total equity and liabilities | 10/49 | €36,505 | €51,503 | +€14,998 | +41.1% |
| Equity | 10/15 | €27,366 | €35,502 | +€8,136 | +29.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,366 | €22,502 | +€8,136 | +56.6% |
| Amounts payable | 17/49 | €9,139 | €16,001 | +€6,862 | +75.1% |
| Amounts payable within one year | 42/48 | €9,139 | €16,001 | +€6,862 | +75.1% |
| Trade debts | 44 | €5,709 | €7,182 | +€1,473 | +25.8% |
| Suppliers | 440/4 | €5,709 | €7,182 | +€1,473 | +25.8% |
| Taxes, remuneration and social security | 45 | €2,730 | €8,119 | +€5,389 | +197% |
| Taxes | 450/3 | €2,730 | €8,119 | +€5,389 | +197% |
| Other amounts payable | 47/48 | €700 | €700 | = | 0.0% |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €24,004 | €15,971 | -€8,032 | -33.5% |
| Operating profit (loss) | 9901 | €23,924 | €15,891 | -€8,032 | -33.6% |
| Financial charges | 65/66B | €87 | €846 | +€760 | +877% |
| Recurring financial charges | 65 | €87 | €846 | +€760 | +877% |
| Profit (loss) for the period before taxes | 9903 | €23,837 | €15,045 | -€8,792 | -36.9% |
| Income taxes | 67/77 | - | €6,959 | +€6,959 | |
| Profit (loss) for the period | 9904 | €23,837 | €8,086 | -€15,751 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,837 | €8,086 | -€15,751 | -66.1% |
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 15 October 2026 via checked.be.