LCO 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.
LCO Consulting
Largest movements
- Cash +€27,165
up €27,165 (+158%), from €17,157 to €44,323
mainly Other debts (+€89,208) and Net result for the year (+€52,336)
- Receivables after one year +€11,000
up €11,000 (+25.9%), from €42,426 to €53,426
- Receivables within one year +€1,581
up €1,581 (+15.7%), from €10,038 to €11,619
of which Trade receivables: +€10,363
- Other debts +€89,208
up €89,208 (+11,266%), from €792 to €90,000
- Profit (loss) carried forward -€37,664
down €37,664 (-85.0%), from €44,285 to €6,621
- Tax, wage and social debts -€11,819
down €11,819 (-48.3%), from €24,464 to €12,646
- Gross operating margin +€8,251
up €8,251 (+14.5%), from €56,888 to €65,139
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 | €71,698 | €111,422 | +€39,724 | +55.4% |
| Fixed assets | 21/28 | €338 | €163 | -€175 | -51.8% |
| Tangible fixed assets | 22/27 | €338 | €163 | -€175 | -51.8% |
| Furniture and vehicles | 24 | €338 | €163 | -€175 | -51.8% |
| Current assets | 29/58 | €71,360 | €111,259 | +€39,899 | +55.9% |
| Amounts receivable after more than one year | 29 | €42,426 | €53,426 | +€11,000 | +25.9% |
| Other amounts receivable | 291 | €42,426 | €53,426 | +€11,000 | +25.9% |
| Amounts receivable within one year | 40/41 | €10,038 | €11,619 | +€1,581 | +15.7% |
| Trade receivables | 40 | - | €10,363 | +€10,363 | |
| Other amounts receivable | 41 | €10,038 | €1,256 | -€8,782 | -87.5% |
| Cash at bank and in hand | 54/58 | €17,157 | €44,323 | +€27,165 | +158% |
| Deferred charges and accrued income | 490/1 | €1,739 | €1,892 | +€152 | +8.8% |
| Total equity and liabilities | 10/49 | €71,698 | €111,422 | +€39,724 | +55.4% |
| Equity | 10/15 | €46,285 | €8,621 | -€37,664 | -81.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,285 | €6,621 | -€37,664 | -85.0% |
| Amounts payable | 17/49 | €25,414 | €102,801 | +€77,388 | +305% |
| Amounts payable within one year | 42/48 | €25,414 | €102,801 | +€77,388 | +305% |
| Trade debts | 44 | €157 | €155 | -€2 | -1.2% |
| Suppliers | 440/4 | €157 | €155 | -€2 | -1.2% |
| Taxes, remuneration and social security | 45 | €24,464 | €12,646 | -€11,819 | -48.3% |
| Taxes | 450/3 | €24,464 | €12,646 | -€11,819 | -48.3% |
| Other amounts payable | 47/48 | €792 | €90,000 | +€89,208 | +11,266% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €175 | = | 0.0% |
| Other operating charges | 640/8 | €1,159 | €878 | -€281 | -24.2% |
| Gross operating margin | 9900 | €56,888 | €65,139 | +€8,251 | +14.5% |
| Operating profit (loss) | 9901 | €55,554 | €64,086 | +€8,532 | +15.4% |
| Financial income | 75/76B | €1,841 | €1,387 | -€454 | -24.7% |
| Recurring financial income | 75 | €1,841 | €1,387 | -€454 | -24.7% |
| Financial charges | 65/66B | €112 | €103 | -€9 | -7.7% |
| Recurring financial charges | 65 | €112 | €103 | -€9 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €57,284 | €65,370 | +€8,086 | +14.1% |
| Income taxes | 67/77 | €12,999 | €13,034 | +€35 | +0.3% |
| Profit (loss) for the period | 9904 | €44,285 | €52,336 | +€8,051 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,285 | €52,336 | +€8,051 | +18.2% |
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 24 October 2026 via checked.be.