Lords Consulting: what changed
Two fiscal 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.
Lords Consulting
Largest movements
- Cash +€48,942
up €48,942 (+249.3%), from €19,633 to €68,575
mainly Other debts (+€163,946) and Net result for the year (+€71,494)
- Receivables within one year -€28,099
down €28,099 (-33.6%), from €83,520 to €55,421
of which Trade receivables: -€26,960
- Tangible fixed assets -€11,105
down €11,105 (-10.1%), from €110,106 to €99,001
of which Other tangible fixed assets: -€11,884
- Other debts +€163,946
up €163,946 (+529.2%), from €30,979 to €194,926
- Reserves -€155,707
down €155,707 (-100.0%), from €155,707 to €0
- Tax, wage and social debts +€13,643
up €13,643 (+126.8%), from €10,759 to €24,402
- Trade debts -€11,052
down €11,052 (-69.0%), from €16,023 to €4,972
- Gross operating margin +€12,071
up €12,071 (+11.7%), from €103,223 to €115,294
- Taxes +€3,619
up €3,619 (+21.7%), from €16,654 to €20,272
- Depreciation +€3,157
up €3,157 (+30.1%), from €10,500 to €13,657
- Other operating charges -€1,640
down €1,640 (-17.2%), from €9,553 to €7,914
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.
Cash bridge derived
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 | €214,469 | €225,300 | +€10,831 | +5.0% |
| Fixed assets | 21/28 | €110,106 | €99,001 | -€11,105 | -10.1% |
| Tangible fixed assets | 22/27 | €110,106 | €99,001 | -€11,105 | -10.1% |
| Furniture and vehicles | 24 | €3,915 | €4,694 | +€779 | +19.9% |
| Other tangible fixed assets | 26 | €106,191 | €94,307 | -€11,884 | -11.2% |
| Current assets | 29/58 | €104,363 | €126,299 | +€21,936 | +21.0% |
| Amounts receivable within one year | 40/41 | €83,520 | €55,421 | -€28,099 | -33.6% |
| Trade receivables | 40 | €77,163 | €50,203 | -€26,960 | -34.9% |
| Other amounts receivable | 41 | €6,357 | €5,218 | -€1,139 | -17.9% |
| Cash at bank and in hand | 54/58 | €19,633 | €68,575 | +€48,942 | +249.3% |
| Deferred charges and accrued income | 490/1 | €1,211 | €2,303 | +€1,092 | +90.2% |
| Total equity and liabilities | 10/49 | €214,469 | €225,300 | +€10,831 | +5.0% |
| Equity | 10/15 | €156,707 | €1,000 | -€155,707 | -99.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €155,707 | €0 | -€155,707 | -100.0% |
| Distributable reserves | 133 | €155,707 | €0 | -€155,707 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,762 | €224,300 | +€166,538 | +288.3% |
| Amounts payable within one year | 42/48 | €57,762 | €224,300 | +€166,538 | +288.3% |
| Trade debts | 44 | €16,023 | €4,972 | -€11,052 | -69.0% |
| Suppliers | 440/4 | €16,023 | €4,972 | -€11,052 | -69.0% |
| Taxes, remuneration and social security | 45 | €10,759 | €24,402 | +€13,643 | +126.8% |
| Taxes | 450/3 | €10,759 | €24,402 | +€13,643 | +126.8% |
| Other amounts payable | 47/48 | €30,979 | €194,926 | +€163,946 | +529.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,500 | €13,657 | +€3,157 | +30.1% |
| Other operating charges | 640/8 | €9,553 | €7,914 | -€1,640 | -17.2% |
| Gross operating margin | 9900 | €103,223 | €115,294 | +€12,071 | +11.7% |
| Operating profit (loss) | 9901 | €83,169 | €93,723 | +€10,554 | +12.7% |
| Financial income | 75/76B | €86 | €1 | -€85 | -98.9% |
| Recurring financial income | 75 | €86 | €1 | -€85 | -98.9% |
| Financial charges | 65/66B | €2,745 | €1,958 | -€787 | -28.7% |
| Recurring financial charges | 65 | €2,745 | €1,958 | -€787 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €80,510 | €91,766 | +€11,256 | +14.0% |
| Income taxes | 67/77 | €16,654 | €20,272 | +€3,619 | +21.7% |
| Profit (loss) for the period | 9904 | €63,857 | €71,494 | +€7,637 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,857 | €71,494 | +€7,637 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.