LB CONSULT
ActiveSummary
LB CONSULT has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €553,272 and a net result of €107,263. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 78% of 10,760 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Turnover
≈ €29,000
Estimated: probably between €13,000 and €73,000
Total assets
€673,717▼ 8.6%
2024 · €737,249
Net result
€107,263▼ 53.9%
2024 · €232,456
Working capital
€88,600▲ 20.2%
2024 · €73,737
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 2% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€6,724
2025
Net result€107,263
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€673,717
2025
Equity€553,272
2025
Debt€120,445
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€88,600
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)15.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.74
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€7,228-€8,697▲ 20.3%€6,859▼ 21.1%€6,839▼ 0.3%€5,764▼ 15.7%€6,975▲ 21.0%€6,880▼ 1.4%€6,724▼ 2.3%
Net result€21,791-€3,399▼ 84.4%€87,808within the sector's middle half▲ 26×€190,083above the sector's middle half▲ 116%€2,246below the sector's middle half▼ 98.8%€3,254below the sector's middle half▲ 44.9%€232,456above the sector's middle half▲ 71×€107,263within the sector's middle half▼ 53.9%
Equity€387,888-€391,287▲ 0.9%€479,095within the sector's middle half▲ 22.4%€485,188within the sector's middle half▲ 1.3%€487,434within the sector's middle half▲ 0.5%€464,648within the sector's middle half▼ 4.7%€538,409within the sector's middle half▲ 15.9%€553,272within the sector's middle half▲ 2.8%
Total assets€469,439-€468,298▼ 0.2%€560,134within the sector's middle half▲ 19.6%€756,397within the sector's middle half▲ 35.0%€549,114within the sector's middle half▼ 27.4%€515,657within the sector's middle half▼ 6.1%€737,249within the sector's middle half▲ 43.0%€673,717within the sector's middle half▼ 8.6%
Debt€81,551-€77,011▼ 5.6%€81,039▲ 5.2%€271,209▲ 235%€61,680▼ 77.3%€51,009▼ 17.3%€198,840▲ 290%€120,445▼ 39.4%
Working capital-€76,784--€73,385▲ 4.4%€14,423within the sector's middle half€20,516within the sector's middle half▲ 42.2%€22,762within the sector's middle half▲ 10.9%-€24within the sector's middle half€73,737within the sector's middle half€88,600within the sector's middle half▲ 20.2%
Solvency82.6%-83.6%▲ 0.9pp85.5%above the sector's middle half▲ 2.0pp64.1%within the sector's middle half▼ 21.4pp88.8%above the sector's middle half▲ 24.6pp90.1%above the sector's middle half▲ 1.3pp73.0%within the sector's middle half▼ 17.1pp82.1%above the sector's middle half▲ 9.1pp
Current ratio0.06-0.05▼ 0.011.18within the sector's middle half▲ 1.131.08within the sector's middle half▼ 0.101.37within the sector's middle half▲ 0.291.00within the sector's middle half▼ 0.371.37within the sector's middle half▲ 0.371.74within the sector's middle half▲ 0.36
Return on assets (ROA)4.6%-0.7%▼ 3.9pp15.7%above the sector's middle half▲ 15.0pp25.1%above the sector's middle half▲ 9.5pp0.4%below the sector's middle half▼ 24.7pp0.6%within the sector's middle half▲ 0.2pp31.5%above the sector's middle half▲ 30.9pp15.9%above the sector's middle half▼ 15.6pp
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €673,717
Fixed assets
€464,672 =
Current assets
€209,045 ▼ 23.3%
Equity and liabilities €673,717
Equity
€553,272 ▲ 2.8%
Debt
€120,445 ▼ 39.4%
Debt's share of the balance-sheet total falls from 27.0% to 17.9%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.22▼
2024 · 0.37
ROE
19.4%▼
2024 · 43.2%
Debt ≤ 1 year
€120,445▼
2024 · €198,840
Income taxes
€12,488▼
2024 · €24,714
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €499 | €500 | €543 | €556 | €570 | ▲ 2.5% |
| Gross operating margin9900 | €7,722 | €9,193 | €7,356 | €7,338 | €6,264 | €7,518 | €7,436 | €7,294 | ▼ 1.9% |
| Operating profit (loss)9901 | €7,228 | €8,697 | €6,859 | €6,839 | €5,764 | €6,975 | €6,880 | €6,724 | ▼ 2.3% |
| Financial income75/76B | - | - | - | €205,975 | - | - | €251,090 | €113,798 | ▼ 54.7% |
| Recurring financial income75 | €22,500 | - | €93,625 | €205,975 | - | - | €251,090 | €113,798 | ▼ 54.7% |
| Financial charges65/66B | - | - | - | €2,600 | €2,400 | €2,100 | €800 | €771 | ▼ 3.6% |
| Recurring financial charges65 | €4,906 | €3,247 | €2,859 | €2,600 | €2,400 | €2,100 | €800 | €771 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €24,822 | €5,450 | €97,625 | €210,214 | €3,364 | €4,875 | €257,170 | €119,751 | ▼ 53.4% |
| Income taxes67/77 | €3,031 | €2,051 | €9,817 | €20,131 | €1,118 | €1,621 | €24,714 | €12,488 | ▼ 49.5% |
| Profit (loss) for the period9904 | €21,791 | €3,399 | €87,808 | €190,083 | €2,246 | €3,254 | €232,456 | €107,263 | ▼ 53.9% |
| Profit (loss) for the period to be appropriated9905 | €21,791 | €3,399 | €87,808 | €190,083 | €2,246 | €3,254 | €232,456 | €107,263 | ▼ 53.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €469,439 | €468,298 | €560,134 | €756,397 | €549,114 | €515,657 | €737,249 | €673,717 | ▼ 8.6% |
| Fixed assets21/28 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | = |
| Financial fixed assets28 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | €464,672 | = |
| Current assets29/58 | €4,767 | €3,626 | €95,462 | €291,725 | €84,442 | €50,985 | €272,577 | €209,045 | ▼ 23.3% |
| Amounts receivable within one year40/41 | €2,705 | €1,700 | €2,100 | €208,075 | €6,300 | €2,100 | €6,300 | €10,918 | ▲ 73.3% |
| Trade receivables40 | - | - | - | €2,100 | €6,300 | €2,100 | €6,300 | €7,000 | ▲ 11.1% |
| Other amounts receivable41 | - | - | - | €205,975 | - | - | - | €3,918 | - |
| Current investments50/53 | - | - | - | - | - | - | €200,122 | €51,040 | ▼ 74.5% |
| Cash at bank and in hand54/58 | €2,062 | €1,760 | €93,362 | €83,650 | €78,142 | €48,885 | €66,155 | €146,930 | ▲ 122% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €157 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €469,439 | €468,298 | €560,134 | €756,397 | €549,114 | €515,657 | €737,249 | €673,717 | ▼ 8.6% |
| Equity10/15 | €387,888 | €391,287 | €479,095 | €485,188 | €487,434 | €464,648 | €538,409 | €553,272 | ▲ 2.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €369,070 | €372,370 | €459,870 | €465,880 | €468,080 | €445,240 | €519,645 | €534,345 | ▲ 2.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €464,020 | €468,080 | €445,240 | €519,645 | €534,345 | ▲ 2.8% |
| Profit (loss) carried forward14 | €218 | €317 | €625 | €708 | €754 | €808 | €164 | €327 | ▲ 99.4% |
| Amounts payable17/49 | €81,551 | €77,011 | €81,039 | €271,209 | €61,680 | €51,009 | €198,840 | €120,445 | ▼ 39.4% |
| Amounts payable within one year42/48 | €81,551 | €77,011 | €81,039 | €271,209 | €61,680 | €51,009 | €198,840 | €120,445 | ▼ 39.4% |
| Trade debts44 | €50 | - | €50 | €50 | €50 | - | - | €145 | - |
| Suppliers440/4 | - | - | - | €50 | €50 | - | - | €145 | - |
| Taxes, remuneration and social security45 | - | - | - | €20,911 | €1,838 | €2,251 | €23,402 | €12,326 | ▼ 47.3% |
| Taxes450/3 | - | - | - | €20,911 | €1,838 | €2,251 | €23,402 | €12,326 | ▼ 47.3% |
| Other amounts payable47/48 | - | - | - | €250,248 | €59,792 | €48,758 | €175,438 | €107,974 | ▼ 38.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,791 | €3,399 | €87,808 | €190,083 | €2,246 | €3,254 | €232,456 | €107,263 | ▼ 53.9% |
| Operating cash flow (approximation) | €21,791 | €3,399 | €87,808 | €190,083 | €2,246 | €3,254 | €232,456 | €107,263 | ▼ 53.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€302 | €91,602 | -€9,712 | -€5,508 | -€29,257 | €17,270 | €80,775 | ▲ 368% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-07-2026 | 2026-00306751 |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00288339 |
| 31-12-2023 | abbreviated format | 17-07-2024 | 2024-00258812 |
| 31-12-2022 | abbreviated format | 17-07-2023 | 2023-00251382 |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20202273 |
| 31-12-2020 | abbreviated format | 19-07-2021 | 2021-37000023 |
| 31-12-2019 | abbreviated format | 14-07-2020 | 2020-29700379 |
| 31-12-2018 | abbreviated format | 15-07-2019 | 2019-32700503 |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-34900186 |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-21000527 |
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Of the 82,475 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,350. 34,332 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.