LM 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.
LM Consulting
Largest movements
- Current investments +€42,758
up €42,758 (+61.1%), from €70,000 to €112,758
- Cash -€32,258
no longer reported in 2025 (was €32,258)
mainly Current investments (-€42,758) and Net result for the year (-€15,499)
- Tangible fixed assets -€24,293
down €24,293 (-39.4%), from €61,642 to €37,349
of which Furniture and vehicles: -€22,140
- Receivables within one year -€3,907
down €3,907 (-49.9%), from €7,828 to €3,922
of which Trade receivables: -€3,245
- Profit (loss) carried forward -€15,499
down €15,499 (-172%), from -€9,029 to -€24,528
- Depreciation +€12,602
up €12,602 (+93.7%), from €13,456 to €26,058
- Gross operating margin +€3,680
up €3,680 (+53.8%), from €6,834 to €10,514
- Other operating charges -€2,534
down €2,534 (-64.1%), from €3,954 to €1,420
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 | €178,649 | €161,593 | -€17,056 | -9.5% |
| Fixed assets | 21/28 | €61,642 | €37,349 | -€24,293 | -39.4% |
| Tangible fixed assets | 22/27 | €61,642 | €37,349 | -€24,293 | -39.4% |
| Furniture and vehicles | 24 | €45,890 | €23,750 | -€22,140 | -48.2% |
| Other tangible fixed assets | 26 | €15,752 | €13,598 | -€2,154 | -13.7% |
| Current assets | 29/58 | €117,007 | €124,244 | +€7,237 | +6.2% |
| Amounts receivable within one year | 40/41 | €7,828 | €3,922 | -€3,907 | -49.9% |
| Trade receivables | 40 | €6,363 | €3,118 | -€3,245 | -51.0% |
| Other amounts receivable | 41 | €1,465 | €803 | -€662 | -45.2% |
| Current investments | 50/53 | €70,000 | €112,758 | +€42,758 | +61.1% |
| Cash at bank and in hand | 54/58 | €32,258 | - | -€32,258 | |
| Deferred charges and accrued income | 490/1 | €6,921 | €7,565 | +€645 | +9.3% |
| Total equity and liabilities | 10/49 | €178,649 | €161,593 | -€17,056 | -9.5% |
| Equity | 10/15 | €167,263 | €151,764 | -€15,499 | -9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,092 | €170,092 | = | 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% |
| Distributable reserves | 133 | €168,232 | €168,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,029 | -€24,528 | -€15,499 | -172% |
| Amounts payable | 17/49 | €11,386 | €9,829 | -€1,557 | -13.7% |
| Amounts payable within one year | 42/48 | €11,386 | €9,829 | -€1,557 | -13.7% |
| Trade debts | 44 | €2,986 | €1,687 | -€1,298 | -43.5% |
| Suppliers | 440/4 | €2,986 | €1,687 | -€1,298 | -43.5% |
| Taxes, remuneration and social security | 45 | €1,643 | €2,292 | +€649 | +39.5% |
| Taxes | 450/3 | €1,643 | €2,292 | +€649 | +39.5% |
| Other amounts payable | 47/48 | €6,758 | €5,850 | -€907 | -13.4% |
| Non-recurring operating income | 76A | €13,575 | - | -€13,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,456 | €26,058 | +€12,602 | +93.7% |
| Other operating charges | 640/8 | €3,954 | €1,420 | -€2,534 | -64.1% |
| Gross operating margin | 9900 | €6,834 | €10,514 | +€3,680 | +53.8% |
| Operating profit (loss) | 9901 | -€10,576 | -€16,964 | -€6,388 | -60.4% |
| Financial income | 75/76B | €1,820 | €1,823 | +€3 | +0.2% |
| Recurring financial income | 75 | €1,820 | €1,823 | +€3 | +0.2% |
| Financial charges | 65/66B | €159 | €183 | +€24 | +14.9% |
| Recurring financial charges | 65 | €159 | €183 | +€24 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,915 | -€15,324 | -€6,409 | -71.9% |
| Income taxes | 67/77 | €114 | €175 | +€61 | +54.1% |
| Profit (loss) for the period | 9904 | -€9,029 | -€15,499 | -€6,470 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,029 | -€15,499 | -€6,470 | -71.7% |
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 19 October 2026 via checked.be.