LDB MANAGEMENT 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.
LDB MANAGEMENT CONSULTING
Largest movements
- Receivables within one year +€29,439
up €29,439 (+318%), from €9,247 to €38,687
of which Trade receivables: +€26,832
- Cash +€19,220
up €19,220 (+11.4%), from €167,979 to €187,200
mainly Net result for the year (+€80,876) and Other debts (+€80,384)
- Tangible fixed assets -€15,405
down €15,405 (-24.5%), from €62,820 to €47,416
of which Furniture and vehicles: -€14,381
- Other debts +€80,384
up €80,384 (+66.0%), from €121,730 to €202,114
- Profit (loss) carried forward -€69,124
down €69,124 (-61.7%), from €112,047 to €42,922
- Tax, wage and social debts +€13,657
up €13,657, from €0 to €13,657
of which Taxes: +€13,657
- Trade debts +€8,338
up €8,338 (+671%), from €1,243 to €9,581
- Financial charges +€26,206
up €26,206 (+63.0%), from €41,573 to €67,778
- Taxes -€19,762
down €19,762 (-47.7%), from €41,448 to €21,686
- Gross operating margin -€6,355
down €6,355 (-3.2%), from €196,240 to €189,886
- Financial income -€3,775
no longer reported in 2025 (was €3,775)
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 | €240,047 | €273,302 | +€33,255 | +13.9% |
| Fixed assets | 21/28 | €62,820 | €47,416 | -€15,405 | -24.5% |
| Tangible fixed assets | 22/27 | €62,820 | €47,416 | -€15,405 | -24.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €55,528 | €41,147 | -€14,381 | -25.9% |
| Other tangible fixed assets | 26 | €7,292 | €6,269 | -€1,023 | -14.0% |
| Current assets | 29/58 | €177,227 | €225,887 | +€48,660 | +27.5% |
| Amounts receivable within one year | 40/41 | €9,247 | €38,687 | +€29,439 | +318% |
| Trade receivables | 40 | €1,966 | €28,798 | +€26,832 | +1,365% |
| Other amounts receivable | 41 | €7,281 | €9,889 | +€2,608 | +35.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €167,979 | €187,200 | +€19,220 | +11.4% |
| Total equity and liabilities | 10/49 | €240,047 | €273,302 | +€33,255 | +13.9% |
| Equity | 10/15 | €117,073 | €47,949 | -€69,124 | -59.0% |
| Reserves | 13 | €5,027 | €5,027 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,027 | €5,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,047 | €42,922 | -€69,124 | -61.7% |
| Amounts payable | 17/49 | €122,974 | €225,353 | +€102,379 | +83.3% |
| Amounts payable within one year | 42/48 | €122,974 | €225,353 | +€102,379 | +83.3% |
| Trade debts | 44 | €1,243 | €9,581 | +€8,338 | +671% |
| Suppliers | 440/4 | €1,243 | €9,581 | +€8,338 | +671% |
| Taxes, remuneration and social security | 45 | €0 | €13,657 | +€13,657 | |
| Taxes | 450/3 | €0 | €13,657 | +€13,657 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €121,730 | €202,114 | +€80,384 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,770 | €16,631 | +€1,861 | +12.6% |
| Other operating charges | 640/8 | €3,694 | €2,914 | -€780 | -21.1% |
| Gross operating margin | 9900 | €196,240 | €189,886 | -€6,355 | -3.2% |
| Operating profit (loss) | 9901 | €177,776 | €170,340 | -€7,436 | -4.2% |
| Financial income | 75/76B | €3,775 | - | -€3,775 | |
| Recurring financial income | 75 | €3,775 | - | -€3,775 | |
| Financial charges | 65/66B | €41,573 | €67,778 | +€26,206 | +63.0% |
| Recurring financial charges | 65 | €41,573 | €67,778 | +€26,206 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €139,979 | €102,562 | -€37,417 | -26.7% |
| Income taxes | 67/77 | €41,448 | €21,686 | -€19,762 | -47.7% |
| Profit (loss) for the period | 9904 | €98,531 | €80,876 | -€17,655 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €98,531 | €80,876 | -€17,655 | -17.9% |
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 29 October 2026 via checked.be.