L.M.D. CONSULT: what changed
L.M.D. CONSULT
Largest movements
- Cash +€98,385
up €98,385 (+69.6%), from €141,257 to €239,643
mainly Net result for the year (+€74,220) and Depreciation (+€56,475)
- Tangible fixed assets -€56,475
down €56,475 (-18.5%), from €305,949 to €249,474
of which Land and buildings: -€51,165
- Reserves +€74,000
up €74,000 (+26.2%), from €282,860 to €356,860
of which Distributable reserves: +€74,000
- Debts after one year -€18,173
down €18,173 (-18.1%), from €100,418 to €82,245
of which Financial debts: -€18,173
- Tax, wage and social debts -€8,637
down €8,637 (-24.6%), from €35,173 to €26,536
of which Remuneration and social security: -€10,037
- Gross operating margin +€13,848
up €13,848 (+9.2%), from €149,867 to €163,715
- Other operating charges -€10,312
down €10,312 (-67.5%), from €15,268 to €4,956
- Taxes +€7,393
up €7,393 (+33.1%), from €22,343 to €29,736
- Depreciation +€2,857
up €2,857 (+5.3%), from €53,618 to €56,475
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €740,077 | €782,190 | +€42,113 | +5.7% |
| Fixed assets | 21/28 | €305,949 | €249,474 | -€56,475 | -18.5% |
| Tangible fixed assets | 22/27 | €305,949 | €249,474 | -€56,475 | -18.5% |
| Land and buildings | 22 | €300,639 | €249,474 | -€51,165 | -17.0% |
| Furniture and vehicles | 24 | €5,310 | - | -€5,310 | |
| Current assets | 29/58 | €434,129 | €532,716 | +€98,588 | +22.7% |
| Amounts receivable within one year | 40/41 | €39,906 | €40,002 | +€97 | +0.2% |
| Trade receivables | 40 | €38,923 | €40,002 | +€1,079 | +2.8% |
| Other amounts receivable | 41 | €982 | - | -€982 | |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €141,257 | €239,643 | +€98,385 | +69.6% |
| Deferred charges and accrued income | 490/1 | €2,966 | €3,071 | +€106 | +3.6% |
| Total equity and liabilities | 10/49 | €740,077 | €782,190 | +€42,113 | +5.7% |
| Equity | 10/15 | €442,521 | €516,741 | +€74,220 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €282,860 | €356,860 | +€74,000 | +26.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €281,000 | €355,000 | +€74,000 | +26.3% |
| Profit (loss) carried forward | 14 | €153,461 | €153,681 | +€220 | +0.1% |
| Amounts payable | 17/49 | €297,556 | €265,449 | -€32,107 | -10.8% |
| Amounts payable after more than one year | 17 | €100,418 | €82,245 | -€18,173 | -18.1% |
| Financial debts | 170/4 | €96,468 | €78,295 | -€18,173 | -18.8% |
| Other amounts payable | 178/9 | €3,950 | €3,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €197,138 | €183,198 | -€13,940 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,643 | €18,173 | -€4,470 | -19.7% |
| Trade debts | 44 | €1,295 | €2,329 | +€1,034 | +79.9% |
| Suppliers | 440/4 | €1,295 | €2,329 | +€1,034 | +79.9% |
| Taxes, remuneration and social security | 45 | €35,173 | €26,536 | -€8,637 | -24.6% |
| Taxes | 450/3 | €19,978 | €21,378 | +€1,400 | +7.0% |
| Remuneration and social security | 454/9 | €15,194 | €5,157 | -€10,037 | -66.1% |
| Other amounts payable | 47/48 | €138,028 | €136,160 | -€1,868 | -1.4% |
| Accrued charges and deferred income | 492/3 | - | €7 | +€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,618 | €56,475 | +€2,857 | +5.3% |
| Other operating charges | 640/8 | €15,268 | €4,956 | -€10,312 | -67.5% |
| Gross operating margin | 9900 | €149,867 | €163,715 | +€13,848 | +9.2% |
| Operating profit (loss) | 9901 | €80,981 | €102,285 | +€21,304 | +26.3% |
| Financial income | 75/76B | €1,991 | €3,595 | +€1,604 | +80.6% |
| Recurring financial income | 75 | €1,991 | €3,595 | +€1,604 | +80.6% |
| Financial charges | 65/66B | €3,453 | €1,923 | -€1,529 | -44.3% |
| Recurring financial charges | 65 | €3,453 | €1,923 | -€1,529 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €79,519 | €103,956 | +€24,437 | +30.7% |
| Income taxes | 67/77 | €22,343 | €29,736 | +€7,393 | +33.1% |
| Profit (loss) for the period | 9904 | €57,176 | €74,220 | +€17,044 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,176 | €74,220 | +€17,044 | +29.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.