LIONEL VAN REET: what changed
What changed
LIONEL VAN REET
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€471,870
2024 · €338,582+€133,289
Equity
€450,959
2024 · €508,500-€57,542
Cash
€147,668
2024 · €70,620+€77,047
Balance sheet total
€1.7m
2024 · €1.6m+€18,857
Largest movements
Assets
- Cash +€77,047
up €77,047 (+109%), from €70,620 to €147,668
mainly Net result for the year (+€471,870) and Other debts (+€129,412)
- Tangible fixed assets -€36,699
down €36,699 (-4.8%), from €759,871 to €723,172
of which Land and buildings: -€28,964
Equity and liabilities
- Other debts +€129,412
up €129,412 (+32.4%), from €400,000 to €529,412
- Profit (loss) carried forward -€57,542
down €57,542 (-11.8%), from €488,040 to €430,499
- Accrued charges and deferred income -€35,772
no longer reported in 2025 (was €35,772)
- Debts after one year -€31,459
down €31,459 (-8.2%), from €384,350 to €352,892
Income statement
- Gross operating margin +€93,137
up €93,137 (+14.2%), from €654,455 to €747,592
- Taxes -€42,644
down €42,644 (-15.5%), from €275,092 to €232,447
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
€338,582
Gross operating margin
+€93,137
Depreciation
-€4,413
Other operating charges
+€293
Financial income
-€94
Financial charges
+€1,721
Taxes
+€42,644
Result 2025
€471,870
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
+€636,378
Investment
-€3,189
Financing
-€556,142
Cash 2024
€70,620
From operations (derived)
+€636,378
Net result for the year
+€471,870
Depreciation
+€39,888
Receivables within one year
+€12,338
Deferred charges and accrued income
+€9,154
Trade debts
+€3,285
Tax, wage and social debts
+€6,203
Other debts
+€129,412
Accrued charges and deferred income
-€35,772
Investment (derived)
-€3,189
Investment in fixed assets (net)
-€3,189
Financing
-€556,142
Debts after one year
-€31,459
Current portion of long-term debt
+€3,139
Short-term financial debts
+€1,589
Contributions, distributions and other
-€529,412
Cash 2025
€147,668
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,642,986 | €1,661,843 | +€18,857 | +1.1% |
| Fixed assets | 21/28 | €761,531 | €724,832 | -€36,699 | -4.8% |
| Tangible fixed assets | 22/27 | €759,871 | €723,172 | -€36,699 | -4.8% |
| Land and buildings | 22 | €735,942 | €706,979 | -€28,964 | -3.9% |
| Furniture and vehicles | 24 | €20,963 | €13,538 | -€7,425 | -35.4% |
| Other tangible fixed assets | 26 | €2,966 | €2,656 | -€310 | -10.5% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €881,455 | €937,011 | +€55,556 | +6.3% |
| Amounts receivable within one year | 40/41 | €785,685 | €773,347 | -€12,338 | -1.6% |
| Trade receivables | 40 | €447,673 | €518,836 | +€71,163 | +15.9% |
| Other amounts receivable | 41 | €338,012 | €254,511 | -€83,501 | -24.7% |
| Cash at bank and in hand | 54/58 | €70,620 | €147,668 | +€77,047 | +109% |
| Deferred charges and accrued income | 490/1 | €25,149 | €15,996 | -€9,154 | -36.4% |
| Total equity and liabilities | 10/49 | €1,642,986 | €1,661,843 | +€18,857 | +1.1% |
| Equity | 10/15 | €508,500 | €450,959 | -€57,542 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €488,040 | €430,499 | -€57,542 | -11.8% |
| Amounts payable | 17/49 | €1,134,486 | €1,210,884 | +€76,398 | +6.7% |
| Amounts payable after more than one year | 17 | €384,350 | €352,892 | -€31,459 | -8.2% |
| Financial debts | 170/4 | €384,350 | €352,892 | -€31,459 | -8.2% |
| Amounts payable within one year | 42/48 | €714,364 | €857,992 | +€143,628 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €30,917 | €34,056 | +€3,139 | +10.2% |
| Financial debts | 43 | €177 | €1,766 | +€1,589 | +897% |
| Credit institutions | 430/8 | €177 | €1,766 | +€1,589 | +897% |
| Trade debts | 44 | €93,799 | €97,084 | +€3,285 | +3.5% |
| Suppliers | 440/4 | €93,799 | €97,084 | +€3,285 | +3.5% |
| Taxes, remuneration and social security | 45 | €189,472 | €195,675 | +€6,203 | +3.3% |
| Taxes | 450/3 | €183,849 | €195,675 | +€11,826 | +6.4% |
| Remuneration and social security | 454/9 | €5,622 | - | -€5,622 | |
| Other amounts payable | 47/48 | €400,000 | €529,412 | +€129,412 | +32.4% |
| Accrued charges and deferred income | 492/3 | €35,772 | - | -€35,772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,474 | €39,888 | +€4,413 | +12.4% |
| Other operating charges | 640/8 | €6,240 | €5,947 | -€293 | -4.7% |
| Gross operating margin | 9900 | €654,455 | €747,592 | +€93,137 | +14.2% |
| Operating profit (loss) | 9901 | €612,740 | €701,757 | +€89,017 | +14.5% |
| Financial income | 75/76B | €11,300 | €11,206 | -€94 | -0.8% |
| Recurring financial income | 75 | €11,300 | €11,206 | -€94 | -0.8% |
| Financial charges | 65/66B | €10,366 | €8,646 | -€1,721 | -16.6% |
| Recurring financial charges | 65 | €10,366 | €8,646 | -€1,721 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €613,673 | €704,318 | +€90,644 | +14.8% |
| Income taxes | 67/77 | €275,092 | €232,447 | -€42,644 | -15.5% |
| Profit (loss) for the period | 9904 | €338,582 | €471,870 | +€133,289 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €338,582 | €471,870 | +€133,289 | +39.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.