L.S. 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.S. CONSULT
Largest movements
- Cash +€170,072
up €170,072 (+43.0%), from €395,180 to €565,252
mainly Net result for the year (+€209,870) and Depreciation (+€71,038)
- Receivables within one year +€53,945
up €53,945 (+69.4%), from €77,678 to €131,623
of which Other amounts receivable: +€73,057
- Tangible fixed assets -€48,534
down €48,534 (-16.3%), from €298,091 to €249,557
of which Land and buildings: -€32,164
- Reserves +€209,870
up €209,870 (+46.9%), from €447,936 to €657,806
of which Distributable reserves: +€209,870
- Current portion of long-term debt -€23,123
down €23,123 (-82.2%), from €28,123 to €5,000
- Accrued charges and deferred income -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts +€13,846
up €13,846 (+30.3%), from €45,695 to €59,541
- Financial income +€80,012
up €80,012 (+4,039%), from €1,981 to €81,993
of which Non-recurring financial income: +€78,139
- Gross operating margin +€78,781
up €78,781 (+42.5%), from €185,511 to €264,292
- Taxes +€24,042
up €24,042 (+68.8%), from €34,970 to €59,012
- Depreciation +€19,946
up €19,946 (+39.0%), from €51,092 to €71,038
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 | €771,149 | €946,989 | +€175,840 | +22.8% |
| Fixed assets | 21/28 | €298,091 | €249,557 | -€48,534 | -16.3% |
| Tangible fixed assets | 22/27 | €298,091 | €249,557 | -€48,534 | -16.3% |
| Land and buildings | 22 | €197,002 | €164,838 | -€32,164 | -16.3% |
| Furniture and vehicles | 24 | €101,089 | €84,719 | -€16,370 | -16.2% |
| Current assets | 29/58 | €473,058 | €697,432 | +€224,374 | +47.4% |
| Amounts receivable within one year | 40/41 | €77,678 | €131,623 | +€53,945 | +69.4% |
| Trade receivables | 40 | €65,613 | €46,501 | -€19,112 | -29.1% |
| Other amounts receivable | 41 | €12,065 | €85,122 | +€73,057 | +606% |
| Cash at bank and in hand | 54/58 | €395,180 | €565,252 | +€170,072 | +43.0% |
| Deferred charges and accrued income | 490/1 | €200 | €557 | +€357 | +179% |
| Total equity and liabilities | 10/49 | €771,149 | €946,989 | +€175,840 | +22.8% |
| Equity | 10/15 | €667,834 | €877,704 | +€209,870 | +31.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €447,936 | €657,806 | +€209,870 | +46.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €446,076 | €655,946 | +€209,870 | +47.0% |
| Profit (loss) carried forward | 14 | €201,298 | €201,298 | = | 0.0% |
| Amounts payable | 17/49 | €103,315 | €69,285 | -€34,030 | -32.9% |
| Amounts payable after more than one year | 17 | €5,000 | - | -€5,000 | |
| Financial debts | 170/4 | €5,000 | - | -€5,000 | |
| Amounts payable within one year | 42/48 | €83,315 | €69,285 | -€14,030 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €28,123 | €5,000 | -€23,123 | -82.2% |
| Trade debts | 44 | €9,497 | €4,744 | -€4,753 | -50.0% |
| Suppliers | 440/4 | €9,497 | €4,744 | -€4,753 | -50.0% |
| Taxes, remuneration and social security | 45 | €45,695 | €59,541 | +€13,846 | +30.3% |
| Taxes | 450/3 | €45,695 | €59,541 | +€13,846 | +30.3% |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,092 | €71,038 | +€19,946 | +39.0% |
| Other operating charges | 640/8 | €4,732 | €5,464 | +€732 | +15.5% |
| Gross operating margin | 9900 | €185,511 | €264,292 | +€78,781 | +42.5% |
| Operating profit (loss) | 9901 | €129,687 | €187,790 | +€58,103 | +44.8% |
| Financial income | 75/76B | €1,981 | €81,993 | +€80,012 | +4,039% |
| Recurring financial income | 75 | €1,981 | €3,854 | +€1,873 | +94.5% |
| Non-recurring financial income | 76B | - | €78,139 | +€78,139 | |
| Financial charges | 65/66B | €1,397 | €901 | -€496 | -35.5% |
| Recurring financial charges | 65 | €1,397 | €901 | -€496 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €130,271 | €268,882 | +€138,611 | +106% |
| Income taxes | 67/77 | €34,970 | €59,012 | +€24,042 | +68.8% |
| Profit (loss) for the period | 9904 | €95,301 | €209,870 | +€114,569 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €95,301 | €209,870 | +€114,569 | +120% |
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.