LMC CONSULT: 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.
LMC CONSULT
Largest movements
- Stocks and contracts +€38,088
up €38,088 (+10.8%), from €352,450 to €390,537
- Receivables within one year -€33,072
down €33,072 (-81.2%), from €40,717 to €7,645
of which Trade receivables: -€28,057
- Cash -€18,350
down €18,350 (-71.8%), from €25,541 to €7,190
mainly Stocks and contracts (-€38,088) and Other debts (-€32,270)
- Intangible fixed assets +€5,629
new in 2026: €5,629
- Other debts -€32,270
down €32,270 (-21.3%), from €151,659 to €119,389
- Reserves +€29,865
up €29,865 (+17.9%), from €167,007 to €196,872
of which Distributable reserves: +€29,865
- Tax, wage and social debts +€26,694
up €26,694 (+54.7%), from €48,789 to €75,483
of which Taxes: +€25,526
- Current portion of long-term debt -€25,655
down €25,655 (-100.0%), from €25,655 to €0
- Trade debts -€8,344
down €8,344 (-21.2%), from €39,337 to €30,993
- Gross operating margin +€18,157
up €18,157 (+16.9%), from €107,719 to €125,876
- Taxes +€6,686
up €6,686 (+54.2%), from €12,340 to €19,026
- Staff costs +€5,901
up €5,901 (+9.9%), from €59,652 to €65,553
- Financial charges -€3,346
down €3,346 (-45.4%), from €7,372 to €4,027
- Depreciation +€1,359
up €1,359 (+24.2%), from €5,619 to €6,978
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €454,131 | €444,023 | -€10,108 | -2.2% |
| Fixed assets | 21/28 | €28,707 | €32,860 | +€4,153 | +14.5% |
| Intangible fixed assets | 21 | - | €5,629 | +€5,629 | |
| Tangible fixed assets | 22/27 | €24,232 | €21,156 | -€3,076 | -12.7% |
| Plant, machinery and equipment | 23 | €521 | €987 | +€466 | +89.5% |
| Furniture and vehicles | 24 | €640 | €1,898 | +€1,258 | +196.5% |
| Other tangible fixed assets | 26 | €23,071 | €18,271 | -€4,800 | -20.8% |
| Financial fixed assets | 28 | €4,475 | €6,075 | +€1,600 | +35.8% |
| Current assets | 29/58 | €425,424 | €411,163 | -€14,261 | -3.4% |
| Stocks and contracts in progress | 3 | €352,450 | €390,537 | +€38,088 | +10.8% |
| Stocks | 30/36 | €352,450 | €390,537 | +€38,088 | +10.8% |
| Amounts receivable within one year | 40/41 | €40,717 | €7,645 | -€33,072 | -81.2% |
| Trade receivables | 40 | €28,057 | €0 | -€28,057 | -100.0% |
| Other amounts receivable | 41 | €12,660 | €7,645 | -€5,015 | -39.6% |
| Cash at bank and in hand | 54/58 | €25,541 | €7,190 | -€18,350 | -71.8% |
| Deferred charges and accrued income | 490/1 | €6,717 | €5,790 | -€926 | -13.8% |
| Total equity and liabilities | 10/49 | €454,131 | €444,023 | -€10,108 | -2.2% |
| Equity | 10/15 | €173,232 | €203,097 | +€29,865 | +17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €167,007 | €196,872 | +€29,865 | +17.9% |
| 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 | €165,147 | €195,012 | +€29,865 | +18.1% |
| Profit (loss) carried forward | 14 | €25 | €25 | = | 0.0% |
| Amounts payable | 17/49 | €280,899 | €240,926 | -€39,973 | -14.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €279,658 | €238,380 | -€41,278 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €25,655 | €0 | -€25,655 | -100.0% |
| Financial debts | 43 | €14,218 | €12,516 | -€1,703 | -12.0% |
| Credit institutions | 430/8 | €14,218 | €12,516 | -€1,703 | -12.0% |
| Trade debts | 44 | €39,337 | €30,993 | -€8,344 | -21.2% |
| Suppliers | 440/4 | €39,337 | €30,993 | -€8,344 | -21.2% |
| Taxes, remuneration and social security | 45 | €48,789 | €75,483 | +€26,694 | +54.7% |
| Taxes | 450/3 | €31,597 | €57,123 | +€25,526 | +80.8% |
| Remuneration and social security | 454/9 | €17,192 | €18,359 | +€1,168 | +6.8% |
| Other amounts payable | 47/48 | €151,659 | €119,389 | -€32,270 | -21.3% |
| Accrued charges and deferred income | 492/3 | €1,241 | €2,546 | +€1,305 | +105.2% |
| Remuneration, social security and pensions | 62 | €59,652 | €65,553 | +€5,901 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,619 | €6,978 | +€1,359 | +24.2% |
| Other operating charges | 640/8 | €524 | €567 | +€42 | +8.1% |
| Gross operating margin | 9900 | €107,719 | €125,876 | +€18,157 | +16.9% |
| Operating profit (loss) | 9901 | €41,924 | €52,779 | +€10,855 | +25.9% |
| Financial income | 75/76B | €382 | €138 | -€244 | -63.9% |
| Recurring financial income | 75 | €382 | €138 | -€244 | -63.9% |
| Financial charges | 65/66B | €7,372 | €4,027 | -€3,346 | -45.4% |
| Recurring financial charges | 65 | €7,372 | €4,027 | -€3,346 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €34,934 | €48,890 | +€13,956 | +40.0% |
| Income taxes | 67/77 | €12,340 | €19,026 | +€6,686 | +54.2% |
| Profit (loss) for the period | 9904 | €22,594 | €29,865 | +€7,271 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,594 | €29,865 | +€7,271 | +32.2% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.