LR 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.
LR CONSULT
Largest movements
- Current investments +€199,511
up €199,511 (+1496.2%), from €13,335 to €212,845
- Cash -€106,214
down €106,214 (-96.8%), from €109,735 to €3,521
mainly Current investments (-€199,511) and Receivables within one year (-€593)
- Tangible fixed assets -€7,984
down €7,984 (-42.5%), from €18,764 to €10,780
of which Furniture and vehicles: -€6,836
- Reserves +€82,988
up €82,988 (+66.0%), from €125,644 to €208,632
- Gross operating margin +€21,544
up €21,544 (+13.9%), from €154,786 to €176,330
- Taxes +€7,675
up €7,675 (+22.1%), from €34,753 to €42,428
- Financial income -€3,933
down €3,933 (-78.8%), from €4,992 to €1,059
- Financial charges -€2,336
down €2,336 (-77.1%), from €3,031 to €696
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 | €151,746 | €237,127 | +€85,382 | +56.3% |
| Fixed assets | 21/28 | €19,578 | €11,194 | -€8,384 | -42.8% |
| Intangible fixed assets | 21 | €713 | €313 | -€400 | -56.1% |
| Tangible fixed assets | 22/27 | €18,764 | €10,780 | -€7,984 | -42.5% |
| Plant, machinery and equipment | 23 | €1,315 | €167 | -€1,148 | -87.3% |
| Furniture and vehicles | 24 | €17,449 | €10,614 | -€6,836 | -39.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €132,168 | €225,934 | +€93,766 | +70.9% |
| Amounts receivable within one year | 40/41 | €6,632 | €7,225 | +€593 | +8.9% |
| Trade receivables | 40 | €4,505 | €6,374 | +€1,869 | +41.5% |
| Other amounts receivable | 41 | €2,127 | €851 | -€1,276 | -60.0% |
| Current investments | 50/53 | €13,335 | €212,845 | +€199,511 | +1496.2% |
| Cash at bank and in hand | 54/58 | €109,735 | €3,521 | -€106,214 | -96.8% |
| Deferred charges and accrued income | 490/1 | €2,466 | €2,343 | -€124 | -5.0% |
| Total equity and liabilities | 10/49 | €151,746 | €237,127 | +€85,382 | +56.3% |
| Equity | 10/15 | €144,391 | €227,379 | +€82,988 | +57.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,644 | €208,632 | +€82,988 | +66.0% |
| Distributable reserves | 133 | €125,644 | €208,632 | +€82,988 | +66.0% |
| Profit (loss) carried forward | 14 | €147 | €147 | = | 0.0% |
| Amounts payable | 17/49 | €7,355 | €9,748 | +€2,394 | +32.5% |
| Amounts payable within one year | 42/48 | €7,355 | €9,748 | +€2,394 | +32.5% |
| Trade debts | 44 | €2,371 | €4,275 | +€1,903 | +80.3% |
| Suppliers | 440/4 | €2,371 | €4,275 | +€1,903 | +80.3% |
| Taxes, remuneration and social security | 45 | €4,983 | €5,344 | +€361 | +7.2% |
| Taxes | 450/3 | €14 | €116 | +€102 | +739.5% |
| Remuneration and social security | 454/9 | €4,969 | €5,228 | +€259 | +5.2% |
| Other amounts payable | 47/48 | - | €130 | +€130 | |
| Remuneration, social security and pensions | 62 | €41,285 | €41,630 | +€345 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,904 | €8,384 | +€1,480 | +21.4% |
| Other operating charges | 640/8 | €2,068 | €1,263 | -€805 | -38.9% |
| Non-recurring operating charges | 66A | €612 | - | -€612 | |
| Gross operating margin | 9900 | €154,786 | €176,330 | +€21,544 | +13.9% |
| Operating profit (loss) | 9901 | €103,917 | €125,052 | +€21,135 | +20.3% |
| Financial income | 75/76B | €4,992 | €1,059 | -€3,933 | -78.8% |
| Recurring financial income | 75 | €4,992 | €1,059 | -€3,933 | -78.8% |
| Financial charges | 65/66B | €3,031 | €696 | -€2,336 | -77.1% |
| Recurring financial charges | 65 | €3,031 | €696 | -€2,336 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €105,878 | €125,416 | +€19,538 | +18.5% |
| Income taxes | 67/77 | €34,753 | €42,428 | +€7,675 | +22.1% |
| Profit (loss) for the period | 9904 | €71,125 | €82,988 | +€11,863 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,125 | €82,988 | +€11,863 | +16.7% |
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 11 October 2026 via checked.be.