L2 Consulting: 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.
L2 Consulting
Largest movements
- Cash +€73,297
up €73,297 (+74.5%), from €98,331 to €171,627
mainly Net result for the year (+€68,557) and Other debts (+€35,000)
- Receivables within one year +€6,710
up €6,710 (+13.9%), from €48,360 to €55,070
of which Other amounts receivable: +€7,274
- Tangible fixed assets -€4,626
down €4,626 (-31.5%), from €14,688 to €10,061
of which Furniture and vehicles: -€4,287
- Other debts +€35,000
new in 2025: €35,000
- Profit (loss) carried forward +€33,557
up €33,557 (+26.6%), from €125,925 to €159,481
- Tax, wage and social debts +€11,868
up €11,868 (+45.3%), from €26,199 to €38,067
- Current portion of long-term debt -€3,382
down €3,382 (-65.6%), from €5,155 to €1,773
- Gross operating margin +€2,841
up €2,841 (+3.1%), from €90,852 to €93,693
- Taxes +€1,768
up €1,768 (+9.8%), from €18,050 to €19,818
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.
Cash bridge derived
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 | €163,129 | €239,889 | +€76,761 | +47.1% |
| Fixed assets | 21/28 | €14,938 | €10,311 | -€4,626 | -31.0% |
| Tangible fixed assets | 22/27 | €14,688 | €10,061 | -€4,626 | -31.5% |
| Plant, machinery and equipment | 23 | €754 | €415 | -€339 | -45.0% |
| Furniture and vehicles | 24 | €13,934 | €9,646 | -€4,287 | -30.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €148,191 | €229,578 | +€81,387 | +54.9% |
| Amounts receivable within one year | 40/41 | €48,360 | €55,070 | +€6,710 | +13.9% |
| Trade receivables | 40 | €30,180 | €29,616 | -€564 | -1.9% |
| Other amounts receivable | 41 | €18,180 | €25,454 | +€7,274 | +40.0% |
| Cash at bank and in hand | 54/58 | €98,331 | €171,627 | +€73,297 | +74.5% |
| Deferred charges and accrued income | 490/1 | €1,500 | €2,881 | +€1,380 | +92.0% |
| Total equity and liabilities | 10/49 | €163,129 | €239,889 | +€76,761 | +47.1% |
| Equity | 10/15 | €127,925 | €161,481 | +€33,557 | +26.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,925 | €159,481 | +€33,557 | +26.6% |
| Amounts payable | 17/49 | €35,204 | €78,408 | +€43,204 | +122.7% |
| Amounts payable after more than one year | 17 | €1,773 | - | -€1,773 | |
| Financial debts | 170/4 | €1,773 | - | -€1,773 | |
| Amounts payable within one year | 42/48 | €33,112 | €78,399 | +€45,287 | +136.8% |
| Current portion of amounts payable after more than one year | 42 | €5,155 | €1,773 | -€3,382 | -65.6% |
| Trade debts | 44 | €1,758 | €3,559 | +€1,801 | +102.5% |
| Suppliers | 440/4 | €1,758 | €3,559 | +€1,801 | +102.5% |
| Taxes, remuneration and social security | 45 | €26,199 | €38,067 | +€11,868 | +45.3% |
| Taxes | 450/3 | €26,199 | €38,067 | +€11,868 | +45.3% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Accrued charges and deferred income | 492/3 | €319 | €9 | -€311 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,650 | €4,626 | -€24 | -0.5% |
| Other operating charges | 640/8 | €227 | €292 | +€65 | +28.6% |
| Gross operating margin | 9900 | €90,852 | €93,693 | +€2,841 | +3.1% |
| Operating profit (loss) | 9901 | €85,974 | €88,775 | +€2,800 | +3.3% |
| Financial charges | 65/66B | €601 | €400 | -€201 | -33.4% |
| Recurring financial charges | 65 | €601 | €400 | -€201 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €85,374 | €88,374 | +€3,001 | +3.5% |
| Income taxes | 67/77 | €18,050 | €19,818 | +€1,768 | +9.8% |
| Profit (loss) for the period | 9904 | €67,324 | €68,557 | +€1,233 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,324 | €68,557 | +€1,233 | +1.8% |
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 9 October 2026 via checked.be.