Lofar 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.
Lofar Consulting
Largest movements
- Cash -€5,001
down €5,001 (-13.2%), from €37,921 to €32,920
mainly Contributions, distributions and other (-€80,000) and Debts after one year (-€31,810)
- Other debts +€69,425
up €69,425 (+1,001%), from €6,933 to €76,358
- Reserves -€35,635
down €35,635 (-40.6%), from €87,740 to €52,105
- Debts after one year -€31,810
down €31,810 (-20.5%), from €155,285 to €123,476
of which Financial debts: -€31,810
- Tax, wage and social debts -€6,789
down €6,789 (-29.4%), from €23,056 to €16,267
- Gross operating margin +€15,872
up €15,872 (+27.2%), from €58,459 to €74,332
- Taxes +€5,147
up €5,147 (+37.7%), from €13,642 to €18,788
- Financial charges -€957
down €957 (-10.7%), from €8,903 to €7,946
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 | €344,323 | €341,763 | -€2,560 | -0.7% |
| Fixed assets | 21/28 | €304,793 | €307,202 | +€2,409 | +0.8% |
| Tangible fixed assets | 22/27 | €4,793 | €7,202 | +€2,409 | +50.3% |
| Plant, machinery and equipment | 23 | €735 | €425 | -€310 | -42.2% |
| Furniture and vehicles | 24 | €4,058 | €6,777 | +€2,719 | +67.0% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €39,530 | €34,561 | -€4,969 | -12.6% |
| Amounts receivable within one year | 40/41 | €935 | €802 | -€133 | -14.2% |
| Trade receivables | 40 | €935 | €802 | -€133 | -14.2% |
| Cash at bank and in hand | 54/58 | €37,921 | €32,920 | -€5,001 | -13.2% |
| Deferred charges and accrued income | 490/1 | €675 | €839 | +€165 | +24.4% |
| Total equity and liabilities | 10/49 | €344,323 | €341,763 | -€2,560 | -0.7% |
| Equity | 10/15 | €127,740 | €92,105 | -€35,635 | -27.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €87,740 | €52,105 | -€35,635 | -40.6% |
| Distributable reserves | 133 | €87,740 | €52,105 | -€35,635 | -40.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €216,583 | €249,658 | +€33,075 | +15.3% |
| Amounts payable after more than one year | 17 | €155,285 | €123,476 | -€31,810 | -20.5% |
| Financial debts | 170/4 | €119,285 | €87,476 | -€31,810 | -26.7% |
| Other amounts payable | 178/9 | €36,000 | €36,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,298 | €126,182 | +€64,885 | +106% |
| Current portion of amounts payable after more than one year | 42 | €30,724 | €31,810 | +€1,086 | +3.5% |
| Trade debts | 44 | €585 | €1,748 | +€1,163 | +199% |
| Suppliers | 440/4 | €585 | €1,748 | +€1,163 | +199% |
| Taxes, remuneration and social security | 45 | €23,056 | €16,267 | -€6,789 | -29.4% |
| Taxes | 450/3 | €23,056 | €16,267 | -€6,789 | -29.4% |
| Other amounts payable | 47/48 | €6,933 | €76,358 | +€69,425 | +1,001% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,404 | €1,495 | +€91 | +6.5% |
| Other operating charges | 640/8 | €1,493 | €1,737 | +€244 | +16.3% |
| Non-recurring operating charges | 66A | €2,132 | €0 | -€2,132 | -100% |
| Gross operating margin | 9900 | €58,459 | €74,332 | +€15,872 | +27.2% |
| Operating profit (loss) | 9901 | €53,430 | €71,100 | +€17,670 | +33.1% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €8,903 | €7,946 | -€957 | -10.7% |
| Recurring financial charges | 65 | €8,903 | €7,946 | -€957 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €44,529 | €63,153 | +€18,625 | +41.8% |
| Income taxes | 67/77 | €13,642 | €18,788 | +€5,147 | +37.7% |
| Profit (loss) for the period | 9904 | €30,887 | €44,365 | +€13,478 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,887 | €44,365 | +€13,478 | +43.6% |
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 28 October 2026 via checked.be.