LAKE 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.
LAKE CONSULT
Largest movements
- Tangible fixed assets +€540,812
up €540,812 (+35,208%), from €1,536 to €542,348
of which Land and buildings: +€542,091
- Debts after one year +€441,121
new in 2025: €441,121
- Other debts +€65,967
up €65,967 (+1,360%), from €4,851 to €70,819
- Current portion of long-term debt +€23,879
new in 2025: €23,879
- Accrued charges and deferred income +€18,727
up €18,727 (+6,390%), from €293 to €19,020
- Gross operating margin -€5,975
down €5,975 (-90.1%), from €6,631 to €656
- Taxes -€1,730
down €1,730 (-94.5%), from €1,831 to €100
- Financial charges +€555
up €555 (+121%), from €458 to €1,013
- Depreciation +€537
up €537 (+40.2%), from €1,336 to €1,873
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 | €18,086 | €564,123 | +€546,037 | +3,019% |
| Fixed assets | 21/28 | €1,536 | €542,348 | +€540,812 | +35,208% |
| Tangible fixed assets | 22/27 | €1,536 | €542,348 | +€540,812 | +35,208% |
| Land and buildings | 22 | - | €542,091 | +€542,091 | |
| Furniture and vehicles | 24 | €1,536 | €257 | -€1,279 | -83.2% |
| Current assets | 29/58 | €16,550 | €21,775 | +€5,224 | +31.6% |
| Amounts receivable within one year | 40/41 | €3,630 | €6,126 | +€2,496 | +68.8% |
| Trade receivables | 40 | €3,630 | €3,630 | = | 0.0% |
| Other amounts receivable | 41 | - | €2,496 | +€2,496 | |
| Cash at bank and in hand | 54/58 | €12,920 | €15,649 | +€2,728 | +21.1% |
| Total equity and liabilities | 10/49 | €18,086 | €564,123 | +€546,037 | +3,019% |
| Equity | 10/15 | €10,613 | €7,755 | -€2,858 | -26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,413 | €4,413 | = | 0.0% |
| Distributable reserves | 133 | €4,413 | €4,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,858 | -€2,858 | |
| Amounts payable | 17/49 | €7,473 | €556,369 | +€548,895 | +7,345% |
| Amounts payable after more than one year | 17 | - | €441,121 | +€441,121 | |
| Financial debts | 170/4 | - | €441,121 | +€441,121 | |
| Amounts payable within one year | 42/48 | €7,180 | €96,228 | +€89,047 | +1,240% |
| Current portion of amounts payable after more than one year | 42 | - | €23,879 | +€23,879 | |
| Taxes, remuneration and social security | 45 | €2,329 | €1,531 | -€799 | -34.3% |
| Taxes | 450/3 | €2,329 | €1,531 | -€799 | -34.3% |
| Other amounts payable | 47/48 | €4,851 | €70,819 | +€65,967 | +1,360% |
| Accrued charges and deferred income | 492/3 | €293 | €19,020 | +€18,727 | +6,390% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,336 | €1,873 | +€537 | +40.2% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €6,631 | €656 | -€5,975 | -90.1% |
| Operating profit (loss) | 9901 | €4,781 | -€1,745 | -€6,526 | |
| Financial charges | 65/66B | €458 | €1,013 | +€555 | +121% |
| Recurring financial charges | 65 | €458 | €1,013 | +€555 | +121% |
| Profit (loss) for the period before taxes | 9903 | €4,323 | -€2,758 | -€7,081 | |
| Income taxes | 67/77 | €1,831 | €100 | -€1,730 | -94.5% |
| Profit (loss) for the period | 9904 | €2,492 | -€2,858 | -€5,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,492 | -€2,858 | -€5,351 |
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 13 October 2026 via checked.be.