LHV CONSULTANCY: 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.
What changed
LHV CONSULTANCY
NACE 64.999, Other financial services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,600
2024 · €5,134-€534
Equity
€68,164
2024 · €65,164+€3,000
Cash
€6,528
2024 · €14,039-€7,512
Balance sheet total
€1.4m
2024 · €1.5m-€26,380
Largest movements
Assets
- Tangible fixed assets -€40,021
down €40,021 (-2.8%), from €1.4m to €1.4m
of which Land and buildings: -€44,957
Equity and liabilities
- Debts after one year -€64,169
down €64,169 (-7.6%), from €840,748 to €776,579
- Other debts +€18,736
up €18,736 (+4.1%), from €460,622 to €479,359
Income statement
- Other operating charges -€1,793
down €1,793 (-25.4%), from €7,071 to €5,278
- Depreciation +€1,400
up €1,400 (+2.7%), from €51,046 to €52,446
- Gross operating margin -€1,135
down €1,135 (-1.4%), from €78,554 to €77,419
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.
Result 2024
€5,134
Gross operating margin
-€1,135
Depreciation
-€1,400
Other operating charges
+€1,793
Financial charges
+€14
Taxes
+€194
Result 2025
€4,600
raises the resultlowers the result
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.
From operations
+€69,869
Investment
-€12,425
Financing
-€64,955
Cash 2024
€14,039
From operations (derived)
+€69,869
Net result for the year
+€4,600
Depreciation
+€52,446
Receivables within one year
-€10,735
Deferred charges and accrued income
-€10,417
Trade debts
+€13,727
Tax, wage and social debts
+€1,512
Other debts
+€18,736
Investment (derived)
-€12,425
Investment in fixed assets (net)
-€12,425
Financing
-€64,955
Debts after one year
-€64,169
Current portion of long-term debt
+€814
Contributions, distributions and other
-€1,600
Cash 2025
€6,528
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,459,800 | €1,433,419 | -€26,380 | -1.8% |
| Fixed assets | 21/28 | €1,429,197 | €1,389,177 | -€40,021 | -2.8% |
| Tangible fixed assets | 22/27 | €1,429,197 | €1,389,177 | -€40,021 | -2.8% |
| Land and buildings | 22 | €1,402,183 | €1,357,226 | -€44,957 | -3.2% |
| Plant, machinery and equipment | 23 | €9,449 | €7,584 | -€1,866 | -19.7% |
| Furniture and vehicles | 24 | €17,565 | €24,367 | +€6,802 | +38.7% |
| Current assets | 29/58 | €30,602 | €44,243 | +€13,640 | +44.6% |
| Amounts receivable within one year | 40/41 | €8,658 | €19,393 | +€10,735 | +124% |
| Trade receivables | 40 | €8,658 | €18,734 | +€10,076 | +116% |
| Other amounts receivable | 41 | - | €659 | +€659 | |
| Cash at bank and in hand | 54/58 | €14,039 | €6,528 | -€7,512 | -53.5% |
| Deferred charges and accrued income | 490/1 | €7,905 | €18,322 | +€10,417 | +132% |
| Total equity and liabilities | 10/49 | €1,459,800 | €1,433,419 | -€26,380 | -1.8% |
| Equity | 10/15 | €65,164 | €68,164 | +€3,000 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €48,827 | €48,827 | = | 0.0% |
| Reserves | 13 | - | €737 | +€737 | |
| Distributable reserves | 133 | - | €737 | +€737 | |
| Profit (loss) carried forward | 14 | -€2,263 | - | +€2,263 | |
| Amounts payable | 17/49 | €1,394,636 | €1,365,256 | -€29,380 | -2.1% |
| Amounts payable after more than one year | 17 | €840,748 | €776,579 | -€64,169 | -7.6% |
| Financial debts | 170/4 | €840,748 | €776,579 | -€64,169 | -7.6% |
| Amounts payable within one year | 42/48 | €553,887 | €588,677 | +€34,789 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €63,355 | €64,169 | +€814 | +1.3% |
| Trade debts | 44 | €20,715 | €34,442 | +€13,727 | +66.3% |
| Suppliers | 440/4 | €20,715 | €34,442 | +€13,727 | +66.3% |
| Taxes, remuneration and social security | 45 | €9,195 | €10,707 | +€1,512 | +16.4% |
| Taxes | 450/3 | €9,195 | €10,707 | +€1,512 | +16.4% |
| Other amounts payable | 47/48 | €460,622 | €479,359 | +€18,736 | +4.1% |
| Non-recurring operating income | 76A | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,046 | €52,446 | +€1,400 | +2.7% |
| Other operating charges | 640/8 | €7,071 | €5,278 | -€1,793 | -25.4% |
| Gross operating margin | 9900 | €78,554 | €77,419 | -€1,135 | -1.4% |
| Operating profit (loss) | 9901 | €20,437 | €19,695 | -€742 | -3.6% |
| Financial charges | 65/66B | €11,690 | €11,676 | -€14 | -0.1% |
| Recurring financial charges | 65 | €11,690 | €11,676 | -€14 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €8,747 | €8,018 | -€729 | -8.3% |
| Income taxes | 67/77 | €3,613 | €3,419 | -€194 | -5.4% |
| Profit (loss) for the period | 9904 | €5,134 | €4,600 | -€534 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,134 | €4,600 | -€534 | -10.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.