LETE CONSULTING 2.0: what changed
What changed
LETE CONSULTING 2.0
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€181,647
2024 · €271,075-€452,722
Equity
€18,102
2024 · €369,749-€351,647
Cash
€91,875
2024 · €36,566+€55,309
Balance sheet total
€240,611
2024 · €621,810-€381,199
Largest movements
Assets
- Financial fixed assets -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year -€232,406
down €232,406 (-86.3%), from €269,168 to €36,762
of which Trade receivables: -€210,360
- Receivables after one year +€69,000
new in 2025: €69,000
- Cash +€55,309
up €55,309 (+151%), from €36,566 to €91,875
mainly Receivables within one year (+€232,406) and Investment in fixed assets (net) (+€226,452)
- Deferred charges and accrued income -€42,316
down €42,316 (-98.1%), from €43,150 to €834
Equity and liabilities
- Reserves -€350,000
down €350,000 (-96.2%), from €364,000 to €14,000
- Other debts -€51,072
down €51,072 (-23.1%), from €221,072 to €170,000
- Provisions +€26,800
new in 2025: €26,800
Income statement
- Financial income -€222,364
down €222,364 (-99.6%), from €223,243 to €879
- Gross operating margin +€43,652
up €43,652 (+61.7%), from €70,716 to €114,368
- Write-downs +€33,674
new in 2025: €33,674
- Provisions +€26,800
new in 2025: €26,800
- Taxes -€5,321
down €5,321 (-29.3%), from €18,170 to €12,849
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
€271,075
Gross operating margin
+€43,652
Staff costs
-€4,739
Depreciation
-€3,592
Write-downs
-€33,674
Provisions
-€26,800
Other operating charges
+€53
Other operating items
-€211,657
Financial income
-€222,364
Financial charges
+€1,080
Taxes
+€5,321
Result 2025
-€181,647
raises the resultlowers the resultnot broken down further in the accounts
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
+€2,835
Investment
+€226,452
Financing
-€173,978
Cash 2024
€36,566
From operations (derived)
+€2,835
Net result for the year
-€181,647
Depreciation
+€4,335
Receivables after one year
-€69,000
Receivables within one year
+€232,406
Deferred charges and accrued income
+€42,316
Provisions
+€26,800
Trade debts
+€838
Tax, wage and social debts
-€1,505
Other debts
-€51,072
Accrued charges and deferred income
-€635
Investment (derived)
+€226,452
Investment in fixed assets (net)
+€226,452
Financing
-€173,978
Debts after one year
-€4,852
Current portion of long-term debt
+€182
Short-term financial debts
+€693
Contributions, distributions and other
-€170,000
Cash 2025
€91,875
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,810 | €240,611 | -€381,199 | -61.3% |
| Fixed assets | 21/28 | €272,927 | €42,140 | -€230,787 | -84.6% |
| Tangible fixed assets | 22/27 | €22,927 | €42,140 | +€19,213 | +83.8% |
| Plant, machinery and equipment | 23 | €1,525 | €1,199 | -€326 | -21.4% |
| Other tangible fixed assets | 26 | €21,402 | €40,941 | +€19,539 | +91.3% |
| Financial fixed assets | 28 | €250,000 | - | -€250,000 | |
| Current assets | 29/58 | €348,883 | €198,471 | -€150,412 | -43.1% |
| Amounts receivable after more than one year | 29 | - | €69,000 | +€69,000 | |
| Other amounts receivable | 291 | - | €69,000 | +€69,000 | |
| Amounts receivable within one year | 40/41 | €269,168 | €36,762 | -€232,406 | -86.3% |
| Trade receivables | 40 | €234,963 | €24,603 | -€210,360 | -89.5% |
| Other amounts receivable | 41 | €34,204 | €12,159 | -€22,046 | -64.5% |
| Cash at bank and in hand | 54/58 | €36,566 | €91,875 | +€55,309 | +151% |
| Deferred charges and accrued income | 490/1 | €43,150 | €834 | -€42,316 | -98.1% |
| Total equity and liabilities | 10/49 | €621,810 | €240,611 | -€381,199 | -61.3% |
| Equity | 10/15 | €369,749 | €18,102 | -€351,647 | -95.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €364,000 | €14,000 | -€350,000 | -96.2% |
| Distributable reserves | 133 | €364,000 | €14,000 | -€350,000 | -96.2% |
| Profit (loss) carried forward | 14 | €2,749 | €1,102 | -€1,647 | -59.9% |
| Provisions and deferred taxes | 16 | - | €26,800 | +€26,800 | |
| Provisions for liabilities and charges | 160/5 | - | €26,800 | +€26,800 | |
| Other liabilities and charges | 164/5 | - | €26,800 | +€26,800 | |
| Amounts payable | 17/49 | €252,061 | €195,709 | -€56,352 | -22.4% |
| Amounts payable after more than one year | 17 | €19,190 | €14,338 | -€4,852 | -25.3% |
| Financial debts | 170/4 | €19,190 | €14,338 | -€4,852 | -25.3% |
| Amounts payable within one year | 42/48 | €231,769 | €180,904 | -€50,865 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €4,670 | €4,852 | +€182 | +3.9% |
| Financial debts | 43 | - | €693 | +€693 | |
| Other loans | 439 | - | €693 | +€693 | |
| Trade debts | 44 | €3,126 | €3,964 | +€838 | +26.8% |
| Suppliers | 440/4 | €3,126 | €3,964 | +€838 | +26.8% |
| Taxes, remuneration and social security | 45 | €2,900 | €1,395 | -€1,505 | -51.9% |
| Taxes | 450/3 | €2,900 | €1,395 | -€1,505 | -51.9% |
| Other amounts payable | 47/48 | €221,072 | €170,000 | -€51,072 | -23.1% |
| Accrued charges and deferred income | 492/3 | €1,102 | €467 | -€635 | -57.6% |
| Remuneration, social security and pensions | 62 | - | €4,739 | +€4,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742 | €4,335 | +€3,592 | +484% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,674 | +€33,674 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €26,800 | +€26,800 | |
| Other operating charges | 640/8 | €1,390 | €1,337 | -€53 | -3.8% |
| Non-recurring operating charges | 66A | - | €211,657 | +€211,657 | |
| Gross operating margin | 9900 | €70,716 | €114,368 | +€43,652 | +61.7% |
| Operating profit (loss) | 9901 | €68,583 | -€168,175 | -€236,758 | |
| Financial income | 75/76B | €223,243 | €879 | -€222,364 | -99.6% |
| Recurring financial income | 75 | €223,243 | €879 | -€222,364 | -99.6% |
| Financial charges | 65/66B | €2,581 | €1,501 | -€1,080 | -41.9% |
| Recurring financial charges | 65 | €2,581 | €1,501 | -€1,080 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €289,245 | -€168,797 | -€458,042 | |
| Income taxes | 67/77 | €18,170 | €12,849 | -€5,321 | -29.3% |
| Profit (loss) for the period | 9904 | €271,075 | -€181,647 | -€452,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €271,075 | -€181,647 | -€452,722 |
Next steps
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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.