LoVO 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.
LoVO Consult
Largest movements
- Cash +€12,991
up €12,991 (+13.5%), from €96,429 to €109,420
mainly Net result for the year (+€41,272) and Tax, wage and social debts (+€2,009)
- Reserves +€41,272
up €41,272 (+2,219%), from €1,860 to €43,132
of which Distributable reserves: +€41,272
- Other debts -€25,293
down €25,293 (-31.6%), from €80,125 to €54,832
- Trade debts -€6,578
down €6,578 (-87.2%), from €7,547 to €969
- Tax, wage and social debts +€2,009
up €2,009 (+10.2%), from €19,717 to €21,726
of which Remuneration and social security: +€3,000
- Gross operating margin +€14,776
up €14,776 (+32.5%), from €45,503 to €60,279
- Taxes +€4,423
up €4,423 (+35.7%), from €12,387 to €16,810
- Depreciation -€2,068
down €2,068 (-60.3%), from €3,430 to €1,362
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 | €127,848 | €139,759 | +€11,911 | +9.3% |
| Fixed assets | 21/28 | €3,429 | €2,067 | -€1,362 | -39.7% |
| Tangible fixed assets | 22/27 | €3,429 | €2,067 | -€1,362 | -39.7% |
| Plant, machinery and equipment | 23 | €516 | €366 | -€150 | -29.1% |
| Furniture and vehicles | 24 | €2,913 | €1,701 | -€1,212 | -41.6% |
| Current assets | 29/58 | €124,419 | €137,692 | +€13,273 | +10.7% |
| Amounts receivable within one year | 40/41 | €26,693 | €27,644 | +€952 | +3.6% |
| Trade receivables | 40 | €26,693 | €27,644 | +€952 | +3.6% |
| Cash at bank and in hand | 54/58 | €96,429 | €109,420 | +€12,991 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,298 | €628 | -€670 | -51.6% |
| Total equity and liabilities | 10/49 | €127,848 | €139,759 | +€11,911 | +9.3% |
| Equity | 10/15 | €20,460 | €61,732 | +€41,272 | +202% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €43,132 | +€41,272 | +2,219% |
| 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 | - | €41,272 | +€41,272 | |
| Amounts payable | 17/49 | €107,388 | €78,027 | -€29,361 | -27.3% |
| Amounts payable within one year | 42/48 | €107,388 | €77,527 | -€29,861 | -27.8% |
| Trade debts | 44 | €7,547 | €969 | -€6,578 | -87.2% |
| Suppliers | 440/4 | €7,547 | €969 | -€6,578 | -87.2% |
| Taxes, remuneration and social security | 45 | €19,717 | €21,726 | +€2,009 | +10.2% |
| Taxes | 450/3 | €19,017 | €18,026 | -€991 | -5.2% |
| Remuneration and social security | 454/9 | €700 | €3,700 | +€3,000 | +429% |
| Other amounts payable | 47/48 | €80,125 | €54,832 | -€25,293 | -31.6% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,430 | €1,362 | -€2,068 | -60.3% |
| Other operating charges | 640/8 | €324 | €530 | +€206 | +63.5% |
| Gross operating margin | 9900 | €45,503 | €60,279 | +€14,776 | +32.5% |
| Operating profit (loss) | 9901 | €41,749 | €58,388 | +€16,638 | +39.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €358 | €305 | -€53 | -14.7% |
| Recurring financial charges | 65 | €358 | €305 | -€53 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €41,401 | €58,082 | +€16,681 | +40.3% |
| Income taxes | 67/77 | €12,387 | €16,810 | +€4,423 | +35.7% |
| Profit (loss) for the period | 9904 | €29,014 | €41,272 | +€12,258 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,014 | €41,272 | +€12,258 | +42.3% |
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 31 October 2026 via checked.be.