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
- Cash -€42,071
down €42,071 (-83.1%), from €50,602 to €8,531
mainly Trade debts (-€14,769) and Tax, wage and social debts (-€14,080)
- Receivables within one year +€14,057
up €14,057 (+12.3%), from €114,140 to €128,197
of which Other amounts receivable: +€55,282
- Deferred charges and accrued income -€11,307
down €11,307 (-14.8%), from €76,471 to €65,164
- Receivables after one year +€7,679
up €7,679 (+2.1%), from €362,986 to €370,665
- Trade debts -€14,769
down €14,769 (-43.9%), from €33,649 to €18,880
- Tax, wage and social debts -€14,080
down €14,080 (-82.8%), from €17,010 to €2,930
of which Remuneration and social security: -€7,459
- Profit (loss) carried forward -€8,187
down €8,187 (-2.4%), from €342,164 to €333,977
- Gross operating margin -€102,430
down €102,430 (-68.1%), from €150,302 to €47,873
- Taxes -€27,681
down €27,681 (-87.5%), from €31,633 to €3,952
- Staff costs -€10,671
down €10,671 (-18.9%), from €56,413 to €45,742
- Other operating charges -€3,005
down €3,005 (-73.5%), from €4,087 to €1,083
- Depreciation +€2,535
up €2,535 (+42.5%), from €5,962 to €8,497
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 | €643,830 | €611,567 | -€32,263 | -5.0% |
| Fixed assets | 21/28 | €39,631 | €39,010 | -€621 | -1.6% |
| Intangible fixed assets | 21 | €4,310 | €2,610 | -€1,700 | -39.4% |
| Tangible fixed assets | 22/27 | €20,321 | €21,400 | +€1,079 | +5.3% |
| Plant, machinery and equipment | 23 | €9,872 | €14,041 | +€4,170 | +42.2% |
| Furniture and vehicles | 24 | €1,754 | €1,668 | -€86 | -4.9% |
| Other tangible fixed assets | 26 | €8,696 | €5,691 | -€3,005 | -34.6% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €604,199 | €572,557 | -€31,642 | -5.2% |
| Amounts receivable after more than one year | 29 | €362,986 | €370,665 | +€7,679 | +2.1% |
| Other amounts receivable | 291 | €362,986 | €370,665 | +€7,679 | +2.1% |
| Amounts receivable within one year | 40/41 | €114,140 | €128,197 | +€14,057 | +12.3% |
| Trade receivables | 40 | €51,091 | €9,866 | -€41,225 | -80.7% |
| Other amounts receivable | 41 | €63,049 | €118,331 | +€55,282 | +87.7% |
| Cash at bank and in hand | 54/58 | €50,602 | €8,531 | -€42,071 | -83.1% |
| Deferred charges and accrued income | 490/1 | €76,471 | €65,164 | -€11,307 | -14.8% |
| Total equity and liabilities | 10/49 | €643,830 | €611,567 | -€32,263 | -5.0% |
| Equity | 10/15 | €588,143 | €579,957 | -€8,187 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,380 | €227,380 | = | 0.0% |
| Distributable reserves | 133 | €227,380 | €227,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €342,164 | €333,977 | -€8,187 | -2.4% |
| Amounts payable | 17/49 | €55,687 | €31,610 | -€24,077 | -43.2% |
| Amounts payable within one year | 42/48 | €55,619 | €31,610 | -€24,009 | -43.2% |
| Financial debts | 43 | €4,961 | €9,800 | +€4,840 | +97.6% |
| Credit institutions | 430/8 | €4,961 | €9,800 | +€4,840 | +97.6% |
| Trade debts | 44 | €33,649 | €18,880 | -€14,769 | -43.9% |
| Suppliers | 440/4 | €33,649 | €18,880 | -€14,769 | -43.9% |
| Taxes, remuneration and social security | 45 | €17,010 | €2,930 | -€14,080 | -82.8% |
| Taxes | 450/3 | €6,818 | €198 | -€6,621 | -97.1% |
| Remuneration and social security | 454/9 | €10,192 | €2,733 | -€7,459 | -73.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €68 | €0 | -€68 | -100% |
| Remuneration, social security and pensions | 62 | €56,413 | €45,742 | -€10,671 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,962 | €8,497 | +€2,535 | +42.5% |
| Other operating charges | 640/8 | €4,087 | €1,083 | -€3,005 | -73.5% |
| Gross operating margin | 9900 | €150,302 | €47,873 | -€102,430 | -68.1% |
| Operating profit (loss) | 9901 | €83,840 | -€7,449 | -€91,289 | |
| Financial income | 75/76B | €7,737 | €7,723 | -€14 | -0.2% |
| Recurring financial income | 75 | €7,737 | €7,723 | -€14 | -0.2% |
| Financial charges | 65/66B | €5,359 | €4,510 | -€849 | -15.8% |
| Recurring financial charges | 65 | €5,359 | €4,510 | -€849 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €86,218 | -€4,235 | -€90,453 | |
| Income taxes | 67/77 | €31,633 | €3,952 | -€27,681 | -87.5% |
| Profit (loss) for the period | 9904 | €54,585 | -€8,187 | -€62,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,585 | -€8,187 | -€62,772 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.