L&K 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&K consult
Largest movements
- Cash -€380,356
down €380,356 (-69.7%), from €545,919 to €165,563
mainly Receivables within one year (-€273,848) and Contributions, distributions and other (-€166,351)
- Receivables within one year +€273,848
up €273,848 (+1,179,870%), from €23 to €273,871
of which Trade receivables: +€273,848
- Tangible fixed assets +€19,421
up €19,421 (+31.2%), from €62,176 to €81,597
of which Other tangible fixed assets: +€25,666
- Other debts -€105,980
down €105,980 (-23.5%), from €451,497 to €345,517
- Tax, wage and social debts +€23,388
up €23,388 (+16.7%), from €139,887 to €163,276
of which Taxes: +€23,388
- Gross operating margin -€171,041
down €171,041 (-40.6%), from €420,913 to €249,873
- Taxes -€43,430
down €43,430 (-42.3%), from €102,578 to €59,148
- Depreciation +€10,314
up €10,314 (+89.8%), from €11,491 to €21,806
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 | €608,118 | €521,031 | -€87,087 | -14.3% |
| Fixed assets | 21/28 | €62,176 | €81,597 | +€19,421 | +31.2% |
| Tangible fixed assets | 22/27 | €62,176 | €81,597 | +€19,421 | +31.2% |
| Plant, machinery and equipment | 23 | €738 | €2,364 | +€1,625 | +220% |
| Furniture and vehicles | 24 | €47,168 | €39,298 | -€7,870 | -16.7% |
| Other tangible fixed assets | 26 | €14,269 | €39,935 | +€25,666 | +180% |
| Current assets | 29/58 | €545,942 | €439,434 | -€106,508 | -19.5% |
| Amounts receivable within one year | 40/41 | €23 | €273,871 | +€273,848 | +1,179,870% |
| Trade receivables | 40 | €0 | €273,848 | +€273,848 | |
| Other amounts receivable | 41 | €23 | €23 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €545,919 | €165,563 | -€380,356 | -69.7% |
| Total equity and liabilities | 10/49 | €608,118 | €521,031 | -€87,087 | -14.3% |
| Equity | 10/15 | €9,799 | €9,799 | = | 0.0% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Reserves | 13 | €7,599 | €7,599 | = | 0.0% |
| Distributable reserves | 133 | €7,599 | €7,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €598,319 | €511,231 | -€87,087 | -14.6% |
| Amounts payable within one year | 42/48 | €598,319 | €511,231 | -€87,087 | -14.6% |
| Trade debts | 44 | €6,935 | €2,439 | -€4,496 | -64.8% |
| Suppliers | 440/4 | €6,935 | €2,439 | -€4,496 | -64.8% |
| Taxes, remuneration and social security | 45 | €139,887 | €163,276 | +€23,388 | +16.7% |
| Taxes | 450/3 | €134,745 | €158,134 | +€23,388 | +17.4% |
| Remuneration and social security | 454/9 | €5,142 | €5,142 | = | 0.0% |
| Other amounts payable | 47/48 | €451,497 | €345,517 | -€105,980 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,491 | €21,806 | +€10,314 | +89.8% |
| Other operating charges | 640/8 | €1,293 | €1,811 | +€518 | +40.0% |
| Gross operating margin | 9900 | €420,913 | €249,873 | -€171,041 | -40.6% |
| Operating profit (loss) | 9901 | €408,128 | €226,256 | -€181,873 | -44.6% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €561 | €756 | +€196 | +34.9% |
| Recurring financial charges | 65 | €561 | €756 | +€196 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €407,576 | €225,499 | -€182,077 | -44.7% |
| Income taxes | 67/77 | €102,578 | €59,148 | -€43,430 | -42.3% |
| Profit (loss) for the period | 9904 | €304,998 | €166,351 | -€138,647 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €304,998 | €166,351 | -€138,647 | -45.5% |
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 25 October 2026 via checked.be.