Lowagie Consulting: what changed
Lowagie Consulting
Largest movements
- Receivables within one year +€26,134
up €26,134 (+565%), from €4,622 to €30,757
of which Trade receivables: +€26,136
- Cash -€6,461
down €6,461 (-7.8%), from €82,435 to €75,974
mainly Contributions, distributions and other (-€65,737) and Receivables within one year (-€26,134)
- Other debts +€45,659
up €45,659 (+226%), from €20,183 to €65,842
- Reserves -€31,500
down €31,500 (-51.2%), from €61,500 to €30,000
- Tax, wage and social debts +€4,701
up €4,701 (+83.3%), from €5,642 to €10,343
- Trade debts +€1,318
up €1,318 (+137%), from €965 to €2,282
- Gross operating margin +€19,245
up €19,245 (+70.1%), from €27,450 to €46,695
- Taxes +€3,662
up €3,662 (+61.3%), from €5,970 to €9,632
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,856 | €110,967 | +€20,111 | +22.1% |
| Fixed assets | 21/28 | €3,224 | €3,666 | +€442 | +13.7% |
| Tangible fixed assets | 22/27 | €3,224 | €3,666 | +€442 | +13.7% |
| Plant, machinery and equipment | 23 | €1,195 | €881 | -€314 | -26.3% |
| Furniture and vehicles | 24 | €2,028 | €2,415 | +€387 | +19.1% |
| Other tangible fixed assets | 26 | - | €370 | +€370 | |
| Current assets | 29/58 | €87,633 | €107,301 | +€19,668 | +22.4% |
| Amounts receivable within one year | 40/41 | €4,622 | €30,757 | +€26,134 | +565% |
| Trade receivables | 40 | €0 | €26,136 | +€26,136 | |
| Other amounts receivable | 41 | €4,622 | €4,621 | -€2 | 0.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €82,435 | €75,974 | -€6,461 | -7.8% |
| Deferred charges and accrued income | 490/1 | €576 | €571 | -€5 | -0.9% |
| Total equity and liabilities | 10/49 | €90,856 | €110,967 | +€20,111 | +22.1% |
| Equity | 10/15 | €64,067 | €32,500 | -€31,567 | -49.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €61,500 | €30,000 | -€31,500 | -51.2% |
| Distributable reserves | 133 | €61,500 | €30,000 | -€31,500 | -51.2% |
| Profit (loss) carried forward | 14 | €67 | €0 | -€67 | -100% |
| Amounts payable | 17/49 | €26,789 | €78,467 | +€51,678 | +193% |
| Amounts payable within one year | 42/48 | €26,789 | €78,467 | +€51,678 | +193% |
| Trade debts | 44 | €965 | €2,282 | +€1,318 | +137% |
| Suppliers | 440/4 | €965 | €2,282 | +€1,318 | +137% |
| Taxes, remuneration and social security | 45 | €5,642 | €10,343 | +€4,701 | +83.3% |
| Taxes | 450/3 | €5,642 | €10,343 | +€4,701 | +83.3% |
| Other amounts payable | 47/48 | €20,183 | €65,842 | +€45,659 | +226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,331 | +€236 | +21.6% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €27,450 | €46,695 | +€19,245 | +70.1% |
| Operating profit (loss) | 9901 | €25,842 | €44,836 | +€18,994 | +73.5% |
| Financial income | 75/76B | €303 | €196 | -€107 | -35.2% |
| Recurring financial income | 75 | €303 | €196 | -€107 | -35.2% |
| Financial charges | 65/66B | €855 | €1,230 | +€375 | +43.8% |
| Recurring financial charges | 65 | €855 | €1,230 | +€375 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €25,289 | €43,802 | +€18,513 | +73.2% |
| Income taxes | 67/77 | €5,970 | €9,632 | +€3,662 | +61.3% |
| Profit (loss) for the period | 9904 | €19,319 | €34,170 | +€14,851 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,319 | €34,170 | +€14,851 | +76.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.