LYHMO: 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.
LYHMO
Largest movements
- Tangible fixed assets +€136,747
up €136,747 (+21.0%), from €651,699 to €788,446
of which Plant, machinery and equipment: +€339,628
- Cash -€65,842
down €65,842 (-84.7%), from €77,757 to €11,915
mainly Investment in fixed assets (net) (-€170,391) and Net result for the year (-€62,979)
- Receivables within one year +€11,389
up €11,389 (+44.5%), from €25,610 to €36,999
of which Trade receivables: +€18,441
- Other debts +€160,000
new in 2025: €160,000
- Profit (loss) carried forward -€62,979
down €62,979, from €22,166 to -€40,813
- Trade debts -€25,919
down €25,919 (-52.1%), from €49,737 to €23,818
- Debts after one year +€10,512
up €10,512 (+1.8%), from €594,292 to €604,804
- Gross operating margin -€145,129
down €145,129 (-99.8%), from €145,405 to €277
- Other operating charges -€59,343
down €59,343 (-95.5%), from €62,150 to €2,807
- Depreciation +€16,222
up €16,222 (+93.1%), from €17,421 to €33,644
- Taxes -€5,173
down €5,173 (-100.0%), from €5,173 to €0
- Staff costs +€2,546
new in 2025: €2,546
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.
Cash bridge derived
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 | €755,139 | €837,649 | +€82,510 | +10.9% |
| Fixed assets | 21/28 | €651,699 | €788,446 | +€136,747 | +21.0% |
| Tangible fixed assets | 22/27 | €651,699 | €788,446 | +€136,747 | +21.0% |
| Land and buildings | 22 | €450,147 | €437,881 | -€12,267 | -2.7% |
| Plant, machinery and equipment | 23 | - | €339,628 | +€339,628 | |
| Furniture and vehicles | 24 | - | €10,937 | +€10,937 | |
| Assets under construction and advance payments | 27 | €201,552 | €0 | -€201,552 | -100.0% |
| Current assets | 29/58 | €103,440 | €49,202 | -€54,237 | -52.4% |
| Amounts receivable within one year | 40/41 | €25,610 | €36,999 | +€11,389 | +44.5% |
| Trade receivables | 40 | €0 | €18,441 | +€18,441 | |
| Other amounts receivable | 41 | €25,610 | €18,558 | -€7,052 | -27.5% |
| Cash at bank and in hand | 54/58 | €77,757 | €11,915 | -€65,842 | -84.7% |
| Deferred charges and accrued income | 490/1 | €73 | €289 | +€216 | +295.1% |
| Total equity and liabilities | 10/49 | €755,139 | €837,649 | +€82,510 | +10.9% |
| Equity | 10/15 | €83,546 | €20,567 | -€62,979 | -75.4% |
| Contributions | 10/11 | €61,380 | €61,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,166 | -€40,813 | -€62,979 | |
| Amounts payable | 17/49 | €671,593 | €817,082 | +€145,489 | +21.7% |
| Amounts payable after more than one year | 17 | €594,292 | €604,804 | +€10,512 | +1.8% |
| Financial debts | 170/4 | €594,292 | €604,804 | +€10,512 | +1.8% |
| Amounts payable within one year | 42/48 | €75,251 | €210,305 | +€135,055 | +179.5% |
| Current portion of amounts payable after more than one year | 42 | €25,514 | €26,487 | +€973 | +3.8% |
| Trade debts | 44 | €49,737 | €23,818 | -€25,919 | -52.1% |
| Suppliers | 440/4 | €49,737 | €23,818 | -€25,919 | -52.1% |
| Other amounts payable | 47/48 | - | €160,000 | +€160,000 | |
| Accrued charges and deferred income | 492/3 | €2,050 | €1,973 | -€77 | -3.8% |
| Remuneration, social security and pensions | 62 | - | €2,546 | +€2,546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,421 | €33,644 | +€16,222 | +93.1% |
| Other operating charges | 640/8 | €62,150 | €2,807 | -€59,343 | -95.5% |
| Gross operating margin | 9900 | €145,405 | €277 | -€145,129 | -99.8% |
| Operating profit (loss) | 9901 | €65,834 | -€38,720 | -€104,554 | |
| Financial charges | 65/66B | €25,732 | €24,260 | -€1,472 | -5.7% |
| Recurring financial charges | 65 | €25,732 | €24,260 | -€1,472 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €40,103 | -€62,979 | -€103,082 | |
| Income taxes | 67/77 | €5,173 | €0 | -€5,173 | -100.0% |
| Profit (loss) for the period | 9904 | €34,930 | -€62,979 | -€97,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,930 | -€62,979 | -€97,909 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.