LBO MANAGEMENT & CONSULTING: what changed
LBO MANAGEMENT & CONSULTING
Largest movements
- Cash +€36,115
up €36,115 (+1,541%), from €2,344 to €38,459
mainly Net result for the year (+€54,150) and Depreciation (+€11,606)
- Tangible fixed assets -€11,606
down €11,606 (-94.5%), from €12,283 to €677
of which Leasing and similar rights: -€11,240
- Profit (loss) carried forward +€54,150
up €54,150, from -€45,779 to €8,371
- Current portion of long-term debt -€23,035
down €23,035 (-98.1%), from €23,472 to €436
- Other debts -€11,808
down €11,808 (-75.5%), from €15,641 to €3,833
- Tax, wage and social debts +€5,358
up €5,358 (+158%), from €3,394 to €8,752
- Gross operating margin +€65,495
up €65,495 (+800%), from €8,182 to €73,677
- Taxes +€4,707
up €4,707 (+3,046%), from €155 to €4,861
- Other operating charges -€1,036
down €1,036 (-91.0%), from €1,138 to €102
- Financial charges +€857
up €857 (+40.8%), from €2,102 to €2,958
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 | €14,627 | €39,136 | +€24,509 | +168% |
| Fixed assets | 21/28 | €12,283 | €677 | -€11,606 | -94.5% |
| Tangible fixed assets | 22/27 | €12,283 | €677 | -€11,606 | -94.5% |
| Plant, machinery and equipment | 23 | €1,043 | €677 | -€366 | -35.1% |
| Leasing and similar rights | 25 | €11,240 | - | -€11,240 | |
| Current assets | 29/58 | €2,344 | €38,459 | +€36,115 | +1,541% |
| Cash at bank and in hand | 54/58 | €2,344 | €38,459 | +€36,115 | +1,541% |
| Total equity and liabilities | 10/49 | €14,627 | €39,136 | +€24,509 | +168% |
| Equity | 10/15 | -€29,283 | €24,867 | +€54,150 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,496 | €13,496 | = | 0.0% |
| Distributable reserves | 133 | €13,496 | €13,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,779 | €8,371 | +€54,150 | |
| Amounts payable | 17/49 | €43,910 | €14,269 | -€29,642 | -67.5% |
| Amounts payable within one year | 42/48 | €43,910 | €14,269 | -€29,642 | -67.5% |
| Current portion of amounts payable after more than one year | 42 | €23,472 | €436 | -€23,035 | -98.1% |
| Financial debts | 43 | €456 | €77 | -€379 | -83.1% |
| Credit institutions | 430/8 | €456 | €77 | -€379 | -83.1% |
| Trade debts | 44 | €947 | €1,170 | +€223 | +23.5% |
| Suppliers | 440/4 | €947 | €1,170 | +€223 | +23.5% |
| Taxes, remuneration and social security | 45 | €3,394 | €8,752 | +€5,358 | +158% |
| Taxes | 450/3 | €3,394 | €8,752 | +€5,358 | +158% |
| Other amounts payable | 47/48 | €15,641 | €3,833 | -€11,808 | -75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,666 | €11,606 | -€61 | -0.5% |
| Other operating charges | 640/8 | €1,138 | €102 | -€1,036 | -91.0% |
| Gross operating margin | 9900 | €8,182 | €73,677 | +€65,495 | +800% |
| Operating profit (loss) | 9901 | -€4,622 | €61,969 | +€66,591 | |
| Financial income | 75/76B | €16 | €1 | -€15 | -96.2% |
| Recurring financial income | 75 | €16 | €1 | -€15 | -96.2% |
| Financial charges | 65/66B | €2,102 | €2,958 | +€857 | +40.8% |
| Recurring financial charges | 65 | €2,102 | €2,958 | +€857 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,708 | €59,012 | +€65,720 | |
| Income taxes | 67/77 | €155 | €4,861 | +€4,707 | +3,046% |
| Profit (loss) for the period | 9904 | -€6,862 | €54,150 | +€61,013 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,862 | €54,150 | +€61,013 |
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 3 November 2026 via checked.be.