LD Consult: what changed
Two fiscal 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.
LD Consult
Largest movements
- Tangible fixed assets -€13,316
down €13,316 (-20.7%), from €64,295 to €50,978
of which Furniture and vehicles: -€13,174
- Receivables within one year +€10,982
up €10,982 (+76.6%), from €14,342 to €25,324
of which Other amounts receivable: +€20,985
- Cash +€5,636
up €5,636 (+28.4%), from €19,860 to €25,496
mainly Net result for the year (+€17,086) and Depreciation (+€13,316)
- Reserves +€16,366
up €16,366 (+101.8%), from €16,079 to €32,445
- Debts after one year -€14,092
down €14,092 (-26.2%), from €53,872 to €39,780
- Tax, wage and social debts +€3,533
up €3,533 (+36.4%), from €9,692 to €13,225
- Current portion of long-term debt -€3,432
down €3,432 (-19.6%), from €17,524 to €14,092
- Gross operating margin +€23,150
up €23,150 (+140.7%), from €16,449 to €39,599
- Other operating charges -€4,569
down €4,569 (-98.2%), from €4,650 to €81
- Taxes +€4,256
up €4,256 (+173.2%), from €2,458 to €6,714
- Depreciation +€4,019
up €4,019 (+43.2%), from €9,298 to €13,316
- Financial charges +€1,638
up €1,638 (+214.3%), from €764 to €2,402
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.
Cash bridge derived
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 | €98,497 | €101,798 | +€3,301 | +3.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €64,295 | €50,978 | -€13,316 | -20.7% |
| Tangible fixed assets | 22/27 | €64,295 | €50,978 | -€13,316 | -20.7% |
| Plant, machinery and equipment | 23 | €634 | €492 | -€142 | -22.4% |
| Furniture and vehicles | 24 | €63,661 | €50,487 | -€13,174 | -20.7% |
| Current assets | 29/58 | €34,202 | €50,820 | +€16,618 | +48.6% |
| Amounts receivable within one year | 40/41 | €14,342 | €25,324 | +€10,982 | +76.6% |
| Trade receivables | 40 | €10,002 | €0 | -€10,002 | -100.0% |
| Other amounts receivable | 41 | €4,339 | €25,324 | +€20,985 | +483.6% |
| Cash at bank and in hand | 54/58 | €19,860 | €25,496 | +€5,636 | +28.4% |
| Total equity and liabilities | 10/49 | €98,497 | €101,798 | +€3,301 | +3.4% |
| Equity | 10/15 | €17,359 | €34,445 | +€17,086 | +98.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,079 | €32,445 | +€16,366 | +101.8% |
| Distributable reserves | 133 | €16,079 | €32,445 | +€16,366 | +101.8% |
| Profit (loss) carried forward | 14 | -€720 | €0 | +€720 | |
| Amounts payable | 17/49 | €81,138 | €67,353 | -€13,785 | -17.0% |
| Amounts payable after more than one year | 17 | €53,872 | €39,780 | -€14,092 | -26.2% |
| Financial debts | 170/4 | €53,872 | €39,780 | -€14,092 | -26.2% |
| Amounts payable within one year | 42/48 | €27,266 | €27,573 | +€307 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €17,524 | €14,092 | -€3,432 | -19.6% |
| Trade debts | 44 | €49 | €256 | +€207 | +418.1% |
| Suppliers | 440/4 | €49 | €256 | +€207 | +418.1% |
| Taxes, remuneration and social security | 45 | €9,692 | €13,225 | +€3,533 | +36.4% |
| Taxes | 450/3 | €9,692 | €13,225 | +€3,533 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,298 | €13,316 | +€4,019 | +43.2% |
| Other operating charges | 640/8 | €4,650 | €81 | -€4,569 | -98.2% |
| Gross operating margin | 9900 | €16,449 | €39,599 | +€23,150 | +140.7% |
| Operating profit (loss) | 9901 | €2,502 | €26,202 | +€23,700 | +947.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €764 | €2,402 | +€1,638 | +214.3% |
| Recurring financial charges | 65 | €764 | €2,402 | +€1,638 | +214.3% |
| Profit (loss) for the period before taxes | 9903 | €1,738 | €23,800 | +€22,062 | +1269.8% |
| Income taxes | 67/77 | €2,458 | €6,714 | +€4,256 | +173.2% |
| Profit (loss) for the period | 9904 | -€720 | €17,086 | +€17,806 | |
| Profit (loss) for the period to be appropriated | 9905 | -€720 | €17,086 | +€17,806 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.