LTH Construct: what changed
Two fiscal 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.
LTH Construct
Largest movements
- Receivables within one year -€131
down €131 (-28.5%), from €459 to €328
- Cash -€47
down €47 (-94.0%), from €50 to €3
mainly Net result for the year (-€2,439)
- Profit (loss) carried forward -€2,439
down €2,439 (-14.2%), from -€17,211 to -€19,650
- Other debts +€2,261
up €2,261 (+23.9%), from €9,469 to €11,730
- Gross operating margin -€506
down €506 (-32.2%), from -€1,572 to -€2,078
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.
Cash bridge derived
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 | €897 | €719 | -€178 | -19.8% |
| Current assets | 29/58 | €897 | €719 | -€178 | -19.8% |
| Amounts receivable within one year | 40/41 | €459 | €328 | -€131 | -28.5% |
| Other amounts receivable | 41 | €459 | €328 | -€131 | -28.5% |
| Cash at bank and in hand | 54/58 | €50 | €3 | -€47 | -94.0% |
| Deferred charges and accrued income | 490/1 | €388 | €388 | = | 0.0% |
| Total equity and liabilities | 10/49 | €897 | €719 | -€178 | -19.8% |
| Equity | 10/15 | -€9,151 | -€11,590 | -€2,439 | -26.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,211 | -€19,650 | -€2,439 | -14.2% |
| Amounts payable | 17/49 | €10,048 | €12,309 | +€2,261 | +22.5% |
| Amounts payable within one year | 42/48 | €10,048 | €12,309 | +€2,261 | +22.5% |
| Trade debts | 44 | €579 | €579 | = | 0.0% |
| Suppliers | 440/4 | €579 | €579 | = | 0.0% |
| Other amounts payable | 47/48 | €9,469 | €11,730 | +€2,261 | +23.9% |
| Other operating charges | 640/8 | €244 | €244 | = | 0.0% |
| Gross operating margin | 9900 | -€1,572 | -€2,078 | -€506 | -32.2% |
| Operating profit (loss) | 9901 | -€1,816 | -€2,322 | -€506 | -27.9% |
| Financial charges | 65/66B | €104 | €117 | +€13 | +12.5% |
| Recurring financial charges | 65 | €104 | €117 | +€13 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,920 | -€2,439 | -€519 | -27.0% |
| Profit (loss) for the period | 9904 | -€1,920 | -€2,439 | -€519 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,920 | -€2,439 | -€519 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.