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
- Tangible fixed assets +€180,988
up €180,988 (+6,644%), from €2,724 to €183,712
of which Land and buildings: +€183,712
- Receivables within one year -€44,162
down €44,162 (-66.9%), from €66,049 to €21,887
of which Trade receivables: -€40,001
- Deferred charges and accrued income -€3,326
down €3,326 (-16.9%), from €19,666 to €16,340
- Debts after one year +€138,681
new in 2025: €138,681
- Current portion of long-term debt +€8,082
new in 2025: €8,082
- Profit (loss) carried forward -€5,612
new in 2025: -€5,612
- Trade debts -€4,555
down €4,555 (-70.7%), from €6,442 to €1,886
- Other debts -€4,511
down €4,511 (-7.2%), from €62,838 to €58,327
- Depreciation +€35,255
up €35,255 (+1,227%), from €2,873 to €38,128
- Gross operating margin +€7,913
up €7,913 (+23.9%), from €33,071 to €40,984
- Taxes -€6,450
down €6,450 (-80.7%), from €7,990 to €1,540
- Financial charges +€5,686
up €5,686 (+4,960%), from €115 to €5,800
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 | €90,254 | €223,329 | +€133,075 | +147% |
| Fixed assets | 21/28 | €2,754 | €183,742 | +€180,988 | +6,572% |
| Tangible fixed assets | 22/27 | €2,724 | €183,712 | +€180,988 | +6,644% |
| Land and buildings | 22 | - | €183,712 | +€183,712 | |
| Furniture and vehicles | 24 | €2,724 | - | -€2,724 | |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €87,500 | €39,587 | -€47,912 | -54.8% |
| Amounts receivable within one year | 40/41 | €66,049 | €21,887 | -€44,162 | -66.9% |
| Trade receivables | 40 | €58,673 | €18,672 | -€40,001 | -68.2% |
| Other amounts receivable | 41 | €7,377 | €3,215 | -€4,161 | -56.4% |
| Cash at bank and in hand | 54/58 | €1,784 | €1,360 | -€424 | -23.8% |
| Deferred charges and accrued income | 490/1 | €19,666 | €16,340 | -€3,326 | -16.9% |
| Total equity and liabilities | 10/49 | €90,254 | €223,329 | +€133,075 | +147% |
| Equity | 10/15 | €14,331 | €8,719 | -€5,612 | -39.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,331 | €12,331 | = | 0.0% |
| Distributable reserves | 133 | €12,331 | €12,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,612 | -€5,612 | |
| Amounts payable | 17/49 | €75,922 | €214,610 | +€138,687 | +183% |
| Amounts payable after more than one year | 17 | - | €138,681 | +€138,681 | |
| Financial debts | 170/4 | - | €138,681 | +€138,681 | |
| Amounts payable within one year | 42/48 | €75,922 | €75,928 | +€6 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,082 | +€8,082 | |
| Trade debts | 44 | €6,442 | €1,886 | -€4,555 | -70.7% |
| Suppliers | 440/4 | €6,442 | €1,886 | -€4,555 | -70.7% |
| Taxes, remuneration and social security | 45 | €6,643 | €7,634 | +€991 | +14.9% |
| Taxes | 450/3 | €6,643 | €7,634 | +€991 | +14.9% |
| Other amounts payable | 47/48 | €62,838 | €58,327 | -€4,511 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,873 | €38,128 | +€35,255 | +1,227% |
| Other operating charges | 640/8 | €957 | €1,128 | +€171 | +17.8% |
| Gross operating margin | 9900 | €33,071 | €40,984 | +€7,913 | +23.9% |
| Operating profit (loss) | 9901 | €29,241 | €1,728 | -€27,513 | -94.1% |
| Financial charges | 65/66B | €115 | €5,800 | +€5,686 | +4,960% |
| Recurring financial charges | 65 | €115 | €5,800 | +€5,686 | +4,960% |
| Profit (loss) for the period before taxes | 9903 | €29,127 | -€4,072 | -€33,199 | |
| Income taxes | 67/77 | €7,990 | €1,540 | -€6,450 | -80.7% |
| Profit (loss) for the period | 9904 | €21,137 | -€5,612 | -€26,749 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,137 | -€5,612 | -€26,749 |
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 26 October 2026 via checked.be.