L&M 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&M CONSULT
Largest movements
- Receivables within one year +€30,718
up €30,718 (+2,241%), from €1,370 to €32,088
of which Other amounts receivable: +€32,088
- Other debts +€100,741
up €100,741 (+98.6%), from €102,184 to €202,924
- Debts after one year -€68,837
down €68,837 (-15.3%), from €448,650 to €379,813
- Accrued charges and deferred income -€13,162
down €13,162 (-94.1%), from €13,980 to €818
- Tax, wage and social debts -€11,850
down €11,850 (-27.7%), from €42,739 to €30,888
- Short-term financial debts +€9,000
new in 2025: €9,000
- Gross operating margin +€9,649
up €9,649 (+16.0%), from €60,327 to €69,976
- Taxes -€5,557
down €5,557 (-51.9%), from €10,697 to €5,140
- Financial charges +€3,358
up €3,358 (+24.5%), from €13,683 to €17,041
- Financial income +€2,525
up €2,525 (+771%), from €328 to €2,853
- Other operating charges +€1,508
up €1,508 (+151%), from €998 to €2,506
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 | €802,882 | €832,163 | +€29,281 | +3.6% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €2,882 | €32,163 | +€29,281 | +1,016% |
| Amounts receivable within one year | 40/41 | €1,370 | €32,088 | +€30,718 | +2,241% |
| Trade receivables | 40 | €1,370 | €0 | -€1,370 | -100% |
| Other amounts receivable | 41 | - | €32,088 | +€32,088 | |
| Cash at bank and in hand | 54/58 | €1,511 | €75 | -€1,437 | -95.1% |
| Total equity and liabilities | 10/49 | €802,882 | €832,163 | +€29,281 | +3.6% |
| Equity | 10/15 | €109,145 | €118,021 | +€8,876 | +8.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,145 | €113,021 | +€8,876 | +8.5% |
| Amounts payable | 17/49 | €693,736 | €714,142 | +€20,405 | +2.9% |
| Amounts payable after more than one year | 17 | €448,650 | €379,813 | -€68,837 | -15.3% |
| Financial debts | 170/4 | €448,650 | €379,813 | -€68,837 | -15.3% |
| Amounts payable within one year | 42/48 | €231,106 | €333,510 | +€102,404 | +44.3% |
| Current portion of amounts payable after more than one year | 42 | €85,360 | €88,561 | +€3,201 | +3.7% |
| Financial debts | 43 | - | €9,000 | +€9,000 | |
| Credit institutions | 430/8 | - | €9,000 | +€9,000 | |
| Trade debts | 44 | €824 | €2,137 | +€1,313 | +159% |
| Suppliers | 440/4 | €824 | €2,137 | +€1,313 | +159% |
| Taxes, remuneration and social security | 45 | €42,739 | €30,888 | -€11,850 | -27.7% |
| Taxes | 450/3 | €42,739 | €30,888 | -€11,850 | -27.7% |
| Other amounts payable | 47/48 | €102,184 | €202,924 | +€100,741 | +98.6% |
| Accrued charges and deferred income | 492/3 | €13,980 | €818 | -€13,162 | -94.1% |
| Other operating charges | 640/8 | €998 | €2,506 | +€1,508 | +151% |
| Gross operating margin | 9900 | €60,327 | €69,976 | +€9,649 | +16.0% |
| Operating profit (loss) | 9901 | €59,329 | €67,470 | +€8,141 | +13.7% |
| Financial income | 75/76B | €328 | €2,853 | +€2,525 | +771% |
| Recurring financial income | 75 | €328 | €2,853 | +€2,525 | +771% |
| Financial charges | 65/66B | €13,683 | €17,041 | +€3,358 | +24.5% |
| Recurring financial charges | 65 | €13,683 | €17,041 | +€3,358 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €45,974 | €53,282 | +€7,308 | +15.9% |
| Income taxes | 67/77 | €10,697 | €5,140 | -€5,557 | -51.9% |
| Profit (loss) for the period | 9904 | €35,277 | €48,142 | +€12,865 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,277 | €48,142 | +€12,865 | +36.5% |
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 17 October 2026 via checked.be.