L4-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.
L4-Consulting
Largest movements
- Cash +€18,659
up €18,659 (+103%), from €18,161 to €36,820
mainly Net result for the year (+€22,429) and Other debts (+€18,619)
- Tangible fixed assets -€8,988
down €8,988 (-7.3%), from €123,575 to €114,587
of which Land and buildings: -€8,414
- Receivables within one year -€3,144
down €3,144 (-16.1%), from €19,570 to €16,426
of which Trade receivables: -€2,259
- Other debts +€18,619
up €18,619 (+182%), from €10,244 to €28,863
- Profit (loss) carried forward -€11,240
no longer reported in 2025 (was €11,240)
- Debts after one year -€6,415
down €6,415 (-5.8%), from €110,308 to €103,893
- Tax, wage and social debts +€5,260
up €5,260 (+149%), from €3,531 to €8,791
- Other operating charges -€16,619
down €16,619 (-89.1%), from €18,659 to €2,040
- Gross operating margin -€8,048
down €8,048 (-14.9%), from €54,029 to €45,981
- Depreciation +€4,626
up €4,626 (+106%), from €4,362 to €8,988
- Financial charges +€1,706
up €1,706 (+66.6%), from €2,559 to €4,265
- Taxes +€823
up €823 (+11.1%), from €7,436 to €8,259
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 | €162,039 | €168,436 | +€6,397 | +3.9% |
| Fixed assets | 21/28 | €123,575 | €114,587 | -€8,988 | -7.3% |
| Tangible fixed assets | 22/27 | €123,575 | €114,587 | -€8,988 | -7.3% |
| Land and buildings | 22 | €121,985 | €113,570 | -€8,414 | -6.9% |
| Furniture and vehicles | 24 | €1,590 | €1,016 | -€574 | -36.1% |
| Current assets | 29/58 | €38,464 | €53,849 | +€15,385 | +40.0% |
| Amounts receivable within one year | 40/41 | €19,570 | €16,426 | -€3,144 | -16.1% |
| Trade receivables | 40 | €14,937 | €12,678 | -€2,259 | -15.1% |
| Other amounts receivable | 41 | €4,632 | €3,748 | -€884 | -19.1% |
| Cash at bank and in hand | 54/58 | €18,161 | €36,820 | +€18,659 | +103% |
| Deferred charges and accrued income | 490/1 | €733 | €603 | -€130 | -17.8% |
| Total equity and liabilities | 10/49 | €162,039 | €168,436 | +€6,397 | +3.9% |
| Equity | 10/15 | €31,645 | €20,405 | -€11,240 | -35.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,240 | - | -€11,240 | |
| Amounts payable | 17/49 | €130,394 | €148,031 | +€17,637 | +13.5% |
| Amounts payable after more than one year | 17 | €110,308 | €103,893 | -€6,415 | -5.8% |
| Financial debts | 170/4 | €110,308 | €103,893 | -€6,415 | -5.8% |
| Amounts payable within one year | 42/48 | €20,086 | €44,138 | +€24,053 | +120% |
| Current portion of amounts payable after more than one year | 42 | €6,189 | €6,415 | +€226 | +3.7% |
| Trade debts | 44 | €121 | €69 | -€52 | -43.2% |
| Suppliers | 440/4 | €121 | €69 | -€52 | -43.2% |
| Taxes, remuneration and social security | 45 | €3,531 | €8,791 | +€5,260 | +149% |
| Taxes | 450/3 | €3,531 | €8,791 | +€5,260 | +149% |
| Other amounts payable | 47/48 | €10,244 | €28,863 | +€18,619 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,362 | €8,988 | +€4,626 | +106% |
| Other operating charges | 640/8 | €18,659 | €2,040 | -€16,619 | -89.1% |
| Gross operating margin | 9900 | €54,029 | €45,981 | -€8,048 | -14.9% |
| Operating profit (loss) | 9901 | €31,008 | €34,952 | +€3,945 | +12.7% |
| Financial income | 75/76B | €227 | €0 | -€227 | -99.9% |
| Recurring financial income | 75 | €227 | €0 | -€227 | -99.9% |
| Financial charges | 65/66B | €2,559 | €4,265 | +€1,706 | +66.6% |
| Recurring financial charges | 65 | €2,559 | €4,265 | +€1,706 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €28,676 | €30,688 | +€2,012 | +7.0% |
| Income taxes | 67/77 | €7,436 | €8,259 | +€823 | +11.1% |
| Profit (loss) for the period | 9904 | €21,240 | €22,429 | +€1,188 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,240 | €22,429 | +€1,188 | +5.6% |
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 14 October 2026 via checked.be.