LTH H. DE PREESTER: 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.
LTH H. DE PREESTER
Largest movements
- Cash -€319,246
down €319,246 (-83.1%), from €383,942 to €64,696
mainly Other debts (-€279,966) and Contributions, distributions and other (-€145,247)
- Tangible fixed assets +€34,059
up €34,059 (+6.6%), from €515,282 to €549,341
of which Land and buildings: +€27,095
- Current investments +€27,626
up €27,626 (+3.1%), from €892,229 to €919,854
- Other debts -€279,966
down €279,966 (-42.1%), from €665,329 to €385,363
- Accrued charges and deferred income +€39,578
up €39,578 (+2,001%), from €1,978 to €41,556
- Financial income +€97,488
up €97,488 (+529%), from €18,441 to €115,929
- Financial charges +€39,594
up €39,594 (+796%), from €4,974 to €44,568
- Gross operating margin -€31,087
down €31,087 (-18.1%), from €171,971 to €140,884
- Taxes -€11,217
down €11,217 (-22.4%), from €50,154 to €38,938
- Staff costs -€8,542
down €8,542 (-56.5%), from €15,117 to €6,574
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 | €1,815,951 | €1,570,681 | -€245,270 | -13.5% |
| Fixed assets | 21/28 | €515,282 | €549,341 | +€34,059 | +6.6% |
| Tangible fixed assets | 22/27 | €515,282 | €549,341 | +€34,059 | +6.6% |
| Land and buildings | 22 | €503,343 | €530,438 | +€27,095 | +5.4% |
| Plant, machinery and equipment | 23 | €7,652 | €9,947 | +€2,295 | +30.0% |
| Furniture and vehicles | 24 | €4,287 | €8,956 | +€4,669 | +109% |
| Current assets | 29/58 | €1,300,670 | €1,021,340 | -€279,329 | -21.5% |
| Amounts receivable within one year | 40/41 | €20,178 | €32,868 | +€12,690 | +62.9% |
| Trade receivables | 40 | €16,930 | €19,545 | +€2,615 | +15.4% |
| Other amounts receivable | 41 | €3,248 | €13,323 | +€10,075 | +310% |
| Current investments | 50/53 | €892,229 | €919,854 | +€27,626 | +3.1% |
| Cash at bank and in hand | 54/58 | €383,942 | €64,696 | -€319,246 | -83.1% |
| Deferred charges and accrued income | 490/1 | €4,321 | €3,922 | -€399 | -9.2% |
| Total equity and liabilities | 10/49 | €1,815,951 | €1,570,681 | -€245,270 | -13.5% |
| Equity | 10/15 | €1,145,485 | €1,141,532 | -€3,953 | -0.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,120,485 | €1,116,532 | -€3,953 | -0.4% |
| Tax-exempt reserves | 132 | €27,970 | €27,970 | = | 0.0% |
| Distributable reserves | 133 | €1,092,516 | €1,088,562 | -€3,953 | -0.4% |
| Amounts payable | 17/49 | €670,466 | €429,149 | -€241,317 | -36.0% |
| Amounts payable within one year | 42/48 | €668,488 | €387,593 | -€280,895 | -42.0% |
| Trade debts | 44 | €3,159 | €2,230 | -€929 | -29.4% |
| Suppliers | 440/4 | €2,341 | €2,176 | -€165 | -7.0% |
| Bills of exchange payable | 441 | €819 | €54 | -€764 | -93.4% |
| Other amounts payable | 47/48 | €665,329 | €385,363 | -€279,966 | -42.1% |
| Accrued charges and deferred income | 492/3 | €1,978 | €41,556 | +€39,578 | +2,001% |
| Remuneration, social security and pensions | 62 | €15,117 | €6,574 | -€8,542 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,978 | €22,223 | +€3,245 | +17.1% |
| Other operating charges | 640/8 | €3,780 | €3,217 | -€563 | -14.9% |
| Gross operating margin | 9900 | €171,971 | €140,884 | -€31,087 | -18.1% |
| Operating profit (loss) | 9901 | €134,096 | €108,870 | -€25,226 | -18.8% |
| Financial income | 75/76B | €18,441 | €115,929 | +€97,488 | +529% |
| Recurring financial income | 75 | €18,441 | €115,929 | +€97,488 | +529% |
| Financial charges | 65/66B | €4,974 | €44,568 | +€39,594 | +796% |
| Recurring financial charges | 65 | €4,974 | €44,568 | +€39,594 | +796% |
| Profit (loss) for the period before taxes | 9903 | €147,563 | €180,231 | +€32,668 | +22.1% |
| Income taxes | 67/77 | €50,154 | €38,938 | -€11,217 | -22.4% |
| Profit (loss) for the period | 9904 | €97,409 | €141,293 | +€43,884 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,409 | €141,293 | +€43,884 | +45.1% |
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 21 October 2026 via checked.be.