L.D. CONSULT: 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.
L.D. CONSULT
Largest movements
- Cash +€73,109
up €73,109 (+252%), from €29,059 to €102,168
mainly Investment in fixed assets (net) (+€64,672) and Receivables after one year (+€62,438)
- Financial fixed assets -€66,000
down €66,000 (-99.6%), from €66,265 to €265
- Receivables after one year -€62,438
no longer reported in 2025 (was €62,438)
- Tangible fixed assets -€15,727
down €15,727 (-7.4%), from €211,440 to €195,713
of which Furniture and vehicles: -€8,090
- Receivables within one year -€6,248
down €6,248 (-6.6%), from €94,924 to €88,676
of which Trade receivables: -€16,800
- Profit (loss) carried forward -€98,551
down €98,551 (-164%), from -€60,121 to -€158,672
- Other debts +€25,000
up €25,000 (+28.7%), from €86,994 to €111,994
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Trade debts +€13,206
up €13,206 (+164%), from €8,039 to €21,245
- Financial charges +€65,996
up €65,996 (+66,750%), from €99 to €66,095
of which Non-recurring financial charges: +€65,999
- Gross operating margin +€18,868
up €18,868 (+63.5%), from -€29,724 to -€10,856
- Financial income +€6,436
up €6,436 (+1,726%), from €373 to €6,809
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 | €467,626 | €386,823 | -€80,804 | -17.3% |
| Fixed assets | 21/28 | €281,205 | €195,978 | -€85,227 | -30.3% |
| Intangible fixed assets | 21 | €3,500 | €0 | -€3,500 | -100% |
| Tangible fixed assets | 22/27 | €211,440 | €195,713 | -€15,727 | -7.4% |
| Land and buildings | 22 | €176,389 | €168,751 | -€7,638 | -4.3% |
| Furniture and vehicles | 24 | €35,052 | €26,962 | -€8,090 | -23.1% |
| Financial fixed assets | 28 | €66,265 | €265 | -€66,000 | -99.6% |
| Current assets | 29/58 | €186,421 | €190,845 | +€4,424 | +2.4% |
| Amounts receivable after more than one year | 29 | €62,438 | - | -€62,438 | |
| Other amounts receivable | 291 | €62,438 | - | -€62,438 | |
| Amounts receivable within one year | 40/41 | €94,924 | €88,676 | -€6,248 | -6.6% |
| Trade receivables | 40 | €18,000 | €1,200 | -€16,800 | -93.3% |
| Other amounts receivable | 41 | €76,924 | €87,476 | +€10,552 | +13.7% |
| Cash at bank and in hand | 54/58 | €29,059 | €102,168 | +€73,109 | +252% |
| Total equity and liabilities | 10/49 | €467,626 | €386,823 | -€80,804 | -17.3% |
| Equity | 10/15 | €1,379 | -€97,172 | -€98,551 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,121 | -€158,672 | -€98,551 | -164% |
| Provisions and deferred taxes | 16 | €350,000 | €350,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €350,000 | €350,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable | 17/49 | €116,247 | €133,994 | +€17,747 | +15.3% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Other amounts payable | 178/9 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €96,247 | €133,994 | +€37,747 | +39.2% |
| Trade debts | 44 | €8,039 | €21,245 | +€13,206 | +164% |
| Suppliers | 440/4 | €8,039 | €21,245 | +€13,206 | +164% |
| Taxes, remuneration and social security | 45 | €1,213 | €755 | -€458 | -37.8% |
| Taxes | 450/3 | €1,213 | €755 | -€458 | -37.8% |
| Other amounts payable | 47/48 | €86,994 | €111,994 | +€25,000 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,435 | €20,555 | +€121 | +0.6% |
| Other operating charges | 640/8 | €7,438 | €7,389 | -€49 | -0.7% |
| Non-recurring operating charges | 66A | - | €210 | +€210 | |
| Gross operating margin | 9900 | -€29,724 | -€10,856 | +€18,868 | +63.5% |
| Operating profit (loss) | 9901 | -€57,596 | -€39,010 | +€18,586 | +32.3% |
| Financial income | 75/76B | €373 | €6,809 | +€6,436 | +1,726% |
| Recurring financial income | 75 | €373 | €6,809 | +€6,436 | +1,726% |
| Financial charges | 65/66B | €99 | €66,095 | +€65,996 | +66,750% |
| Recurring financial charges | 65 | €99 | €96 | -€3 | -3.3% |
| Non-recurring financial charges | 66B | - | €65,999 | +€65,999 | |
| Profit (loss) for the period before taxes | 9903 | -€57,322 | -€98,296 | -€40,974 | -71.5% |
| Income taxes | 67/77 | - | €255 | +€255 | |
| Profit (loss) for the period | 9904 | -€57,322 | -€98,551 | -€41,229 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,322 | -€98,551 | -€41,229 | -71.9% |
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 15 October 2026 via checked.be.