L3 Consulting: what changed
L3 Consulting
Largest movements
- Receivables within one year +€39,659
up €39,659 (+355%), from €11,183 to €50,842
of which Other amounts receivable: +€23,349
- Cash +€15,888
up €15,888 (+611%), from €2,602 to €18,490
mainly Net result for the year (+€57,112) and Tax, wage and social debts (+€24,926)
- Tangible fixed assets -€5,958
down €5,958 (-2.1%), from €279,131 to €273,173
of which Land and buildings: -€3,821
- Reserves +€57,112
up €57,112 (+50.5%), from €113,010 to €170,122
- Tax, wage and social debts +€24,926
up €24,926 (+101%), from €24,777 to €49,703
- Current portion of long-term debt -€18,883
down €18,883 (-100%), from €18,883 to €0
- Trade debts -€12,357
down €12,357 (-96.2%), from €12,847 to €490
- Turnover -€158,601
no longer reported in 2025 (was €158,601)
- Purchases and services -€100,050
no longer reported in 2025 (was €100,050)
- Gross operating margin +€25,353
up €25,353 (+36.4%), from €69,683 to €95,036
- Taxes +€8,496
up €8,496 (+57.7%), from €14,737 to €23,234
- Depreciation -€3,589
down €3,589 (-25.1%), from €14,276 to €10,687
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 | €318,495 | €369,121 | +€50,627 | +15.9% |
| Fixed assets | 21/28 | €279,131 | €274,183 | -€4,948 | -1.8% |
| Tangible fixed assets | 22/27 | €279,131 | €273,173 | -€5,958 | -2.1% |
| Land and buildings | 22 | €270,812 | €266,992 | -€3,821 | -1.4% |
| Furniture and vehicles | 24 | €8,319 | €6,182 | -€2,137 | -25.7% |
| Financial fixed assets | 28 | - | €1,010 | +€1,010 | |
| Current assets | 29/58 | €39,364 | €94,938 | +€55,574 | +141% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,183 | €50,842 | +€39,659 | +355% |
| Trade receivables | 40 | €0 | €16,310 | +€16,310 | +81,551,950% |
| Other amounts receivable | 41 | €11,183 | €34,532 | +€23,349 | +209% |
| Cash at bank and in hand | 54/58 | €2,602 | €18,490 | +€15,888 | +611% |
| Deferred charges and accrued income | 490/1 | €579 | €606 | +€27 | +4.6% |
| Total equity and liabilities | 10/49 | €318,495 | €369,121 | +€50,627 | +15.9% |
| Equity | 10/15 | €113,110 | €170,222 | +€57,112 | +50.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €113,010 | €170,122 | +€57,112 | +50.5% |
| Distributable reserves | 133 | €113,010 | €170,122 | +€57,112 | +50.5% |
| Amounts payable | 17/49 | €205,385 | €198,900 | -€6,485 | -3.2% |
| Amounts payable after more than one year | 17 | €148,278 | €148,278 | = | 0.0% |
| Financial debts | 170/4 | - | €148,278 | +€148,278 | |
| Other amounts payable | 178/9 | €148,278 | - | -€148,278 | |
| Amounts payable within one year | 42/48 | €56,507 | €50,193 | -€6,314 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €18,883 | €0 | -€18,883 | -100% |
| Trade debts | 44 | €12,847 | €490 | -€12,357 | -96.2% |
| Suppliers | 440/4 | €12,847 | €490 | -€12,357 | -96.2% |
| Taxes, remuneration and social security | 45 | €24,777 | €49,703 | +€24,926 | +101% |
| Taxes | 450/3 | €24,777 | €49,703 | +€24,926 | +101% |
| Accrued charges and deferred income | 492/3 | €600 | €428 | -€172 | -28.6% |
| Turnover | 70 | €158,601 | - | -€158,601 | |
| Non-recurring operating income | 76A | - | €4,729 | +€4,729 | |
| Goods, raw materials, services and sundry goods | 60/61 | €100,050 | - | -€100,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,276 | €10,687 | -€3,589 | -25.1% |
| Other operating charges | 640/8 | €1,830 | €2,183 | +€353 | +19.3% |
| Gross operating margin | 9900 | €69,683 | €95,036 | +€25,353 | +36.4% |
| Operating profit (loss) | 9901 | €53,578 | €82,166 | +€28,588 | +53.4% |
| Financial income | 75/76B | €1,770 | €2,749 | +€979 | +55.3% |
| Recurring financial income | 75 | €1,770 | €2,749 | +€979 | +55.3% |
| Financial charges | 65/66B | €5,780 | €4,569 | -€1,211 | -20.9% |
| Recurring financial charges | 65 | €5,780 | €4,569 | -€1,211 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €49,567 | €80,346 | +€30,778 | +62.1% |
| Income taxes | 67/77 | €14,737 | €23,234 | +€8,496 | +57.7% |
| Profit (loss) for the period | 9904 | €34,830 | €57,112 | +€22,282 | +64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,830 | €57,112 | +€22,282 | +64.0% |
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 8 November 2026 via checked.be.