LR Holding: 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.
LR Holding
Largest movements
- Receivables within one year +€74,753
up €74,753 (+94.7%), from €78,966 to €153,719
of which Other amounts receivable: +€74,503
- Cash +€30,479
up €30,479 (+41.7%), from €73,176 to €103,655
mainly Net result for the year (+€68,872) and Current portion of long-term debt (+€45,463)
- Deferred charges and accrued income +€3,320
new in 2024: €3,320
- Profit (loss) carried forward +€68,872
up €68,872 (+59.1%), from €116,524 to €185,396
- Current portion of long-term debt +€45,463
new in 2024: €45,463
- Tax, wage and social debts -€20,865
down €20,865 (-63.7%), from €32,761 to €11,896
- Trade debts +€17,494
up €17,494 (+812%), from €2,153 to €19,648
- Gross operating margin -€46,578
down €46,578 (-32.2%), from €144,465 to €97,887
- Taxes -€5,724
down €5,724 (-18.8%), from €30,464 to €24,740
- Financial charges +€2,015
up €2,015 (+182%), from €1,108 to €3,123
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,642 | €265,618 | +€110,976 | +71.8% |
| Fixed assets | 21/28 | €2,500 | €4,924 | +€2,424 | +97.0% |
| Tangible fixed assets | 22/27 | - | €2,424 | +€2,424 | |
| Furniture and vehicles | 24 | - | €2,424 | +€2,424 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €152,142 | €260,694 | +€108,552 | +71.3% |
| Amounts receivable within one year | 40/41 | €78,966 | €153,719 | +€74,753 | +94.7% |
| Trade receivables | 40 | €75,800 | €76,050 | +€250 | +0.3% |
| Other amounts receivable | 41 | €3,166 | €77,669 | +€74,503 | +2,353% |
| Cash at bank and in hand | 54/58 | €73,176 | €103,655 | +€30,479 | +41.7% |
| Deferred charges and accrued income | 490/1 | - | €3,320 | +€3,320 | |
| Total equity and liabilities | 10/49 | €154,642 | €265,618 | +€110,976 | +71.8% |
| Equity | 10/15 | €119,024 | €187,896 | +€68,872 | +57.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,524 | €185,396 | +€68,872 | +59.1% |
| Amounts payable | 17/49 | €35,618 | €77,722 | +€42,104 | +118% |
| Amounts payable within one year | 42/48 | €34,914 | €77,006 | +€42,092 | +121% |
| Current portion of amounts payable after more than one year | 42 | - | €45,463 | +€45,463 | |
| Trade debts | 44 | €2,153 | €19,648 | +€17,494 | +812% |
| Suppliers | 440/4 | €2,153 | €19,648 | +€17,494 | +812% |
| Taxes, remuneration and social security | 45 | €32,761 | €11,896 | -€20,865 | -63.7% |
| Taxes | 450/3 | €32,761 | €11,896 | -€20,865 | -63.7% |
| Accrued charges and deferred income | 492/3 | €704 | €716 | +€12 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €129 | +€129 | |
| Other operating charges | 640/8 | €1,502 | €1,159 | -€343 | -22.8% |
| Gross operating margin | 9900 | €144,465 | €97,887 | -€46,578 | -32.2% |
| Operating profit (loss) | 9901 | €142,963 | €96,598 | -€46,364 | -32.4% |
| Financial income | 75/76B | €0 | €136 | +€136 | +1,364,500% |
| Recurring financial income | 75 | €0 | €136 | +€136 | +1,364,500% |
| Financial charges | 65/66B | €1,108 | €3,123 | +€2,015 | +182% |
| Recurring financial charges | 65 | €1,108 | €3,123 | +€2,015 | +182% |
| Profit (loss) for the period before taxes | 9903 | €141,855 | €93,612 | -€48,243 | -34.0% |
| Income taxes | 67/77 | €30,464 | €24,740 | -€5,724 | -18.8% |
| Profit (loss) for the period | 9904 | €111,391 | €68,872 | -€42,519 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €111,391 | €68,872 | -€42,519 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.