Let's GrOw: what changed
What changed
Let's GrOw
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€111,994
2024 · €76,909+€35,085
Equity
€348,355
2024 · €236,361+€111,994
Cash
€68,238
2024 · €66,624+€1,614
Balance sheet total
€400,883
2024 · €268,763+€132,120
Largest movements
Assets
- Current investments +€128,009
up €128,009 (+83.8%), from €152,713 to €280,722
- Tangible fixed assets +€9,067
up €9,067 (+32.6%), from €27,818 to €36,885
of which Land and buildings: +€16,179
- Receivables within one year -€8,395
down €8,395 (-38.9%), from €21,608 to €13,213
Equity and liabilities
- Profit (loss) carried forward +€111,994
up €111,994 (+48.4%), from €231,361 to €343,355
- Tax, wage and social debts +€17,737
up €17,737 (+74.7%), from €23,742 to €41,478
Income statement
- Depreciation -€22,888
down €22,888 (-70.5%), from €32,466 to €9,578
- Gross operating margin +€19,033
up €19,033 (+14.9%), from €127,747 to €146,780
- Taxes +€12,672
up €12,672 (+61.0%), from €20,789 to €33,461
- Financial income +€6,339
up €6,339 (+109%), from €5,826 to €12,165
of which Non-recurring financial income: +€8,107
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.
Result 2024
€76,909
Gross operating margin
+€19,033
Staff costs
-€654
Depreciation
+€22,888
Other operating charges
+€270
Financial income
+€6,339
Financial charges
-€119
Taxes
-€12,672
Result 2025
€111,994
raises the resultlowers the result
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.
From operations
+€148,269
Investment
-€146,655
Financing
€0
Cash 2024
€66,624
From operations (derived)
+€148,269
Net result for the year
+€111,994
Depreciation
+€9,578
Receivables within one year
+€8,395
Deferred charges and accrued income
-€1,825
Trade debts
+€1,187
Tax, wage and social debts
+€17,737
Other debts
+€1,262
Accrued charges and deferred income
-€59
Investment (derived)
-€146,655
Investment in fixed assets (net)
-€18,645
Current investments
-€128,009
Cash 2025
€68,238
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,763 | €400,883 | +€132,120 | +49.2% |
| Fixed assets | 21/28 | €27,818 | €36,885 | +€9,067 | +32.6% |
| Tangible fixed assets | 22/27 | €27,818 | €36,885 | +€9,067 | +32.6% |
| Land and buildings | 22 | - | €16,179 | +€16,179 | |
| Plant, machinery and equipment | 23 | €1,450 | €1,960 | +€510 | +35.2% |
| Furniture and vehicles | 24 | €26,368 | €18,746 | -€7,622 | -28.9% |
| Current assets | 29/58 | €240,945 | €363,998 | +€123,054 | +51.1% |
| Amounts receivable within one year | 40/41 | €21,608 | €13,213 | -€8,395 | -38.9% |
| Trade receivables | 40 | €21,608 | €13,213 | -€8,395 | -38.9% |
| Current investments | 50/53 | €152,713 | €280,722 | +€128,009 | +83.8% |
| Cash at bank and in hand | 54/58 | €66,624 | €68,238 | +€1,614 | +2.4% |
| Deferred charges and accrued income | 490/1 | - | €1,825 | +€1,825 | |
| Total equity and liabilities | 10/49 | €268,763 | €400,883 | +€132,120 | +49.2% |
| Equity | 10/15 | €236,361 | €348,355 | +€111,994 | +47.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,361 | €343,355 | +€111,994 | +48.4% |
| Amounts payable | 17/49 | €32,402 | €52,528 | +€20,127 | +62.1% |
| Amounts payable within one year | 42/48 | €32,343 | €52,528 | +€20,186 | +62.4% |
| Trade debts | 44 | €340 | €1,527 | +€1,187 | +349% |
| Suppliers | 440/4 | €340 | €1,527 | +€1,187 | +349% |
| Taxes, remuneration and social security | 45 | €23,742 | €41,478 | +€17,737 | +74.7% |
| Taxes | 450/3 | €23,742 | €41,478 | +€17,737 | +74.7% |
| Other amounts payable | 47/48 | €8,261 | €9,523 | +€1,262 | +15.3% |
| Accrued charges and deferred income | 492/3 | €59 | - | -€59 | |
| Remuneration, social security and pensions | 62 | €2,842 | €3,496 | +€654 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,466 | €9,578 | -€22,888 | -70.5% |
| Other operating charges | 640/8 | €527 | €257 | -€270 | -51.2% |
| Gross operating margin | 9900 | €127,747 | €146,780 | +€19,033 | +14.9% |
| Operating profit (loss) | 9901 | €91,912 | €133,448 | +€41,537 | +45.2% |
| Financial income | 75/76B | €5,826 | €12,165 | +€6,339 | +109% |
| Recurring financial income | 75 | €3,876 | €2,108 | -€1,768 | -45.6% |
| Non-recurring financial income | 76B | €1,950 | €10,057 | +€8,107 | +416% |
| Financial charges | 65/66B | €40 | €159 | +€119 | +301% |
| Recurring financial charges | 65 | €40 | €159 | +€119 | +301% |
| Profit (loss) for the period before taxes | 9903 | €97,698 | €145,455 | +€47,757 | +48.9% |
| Income taxes | 67/77 | €20,789 | €33,461 | +€12,672 | +61.0% |
| Profit (loss) for the period | 9904 | €76,909 | €111,994 | +€35,085 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,909 | €111,994 | +€35,085 | +45.6% |
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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.