LS PROGRES CONSULTING BVBA: 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.
LS PROGRES CONSULTING BVBA
Largest movements
- Tangible fixed assets +€85,091
up €85,091 (+50.9%), from €167,281 to €252,372
of which Furniture and vehicles: +€93,565
- Cash -€12,288
down €12,288 (-11.9%), from €103,394 to €91,106
mainly Investment in fixed assets (net) (-€96,345) and Debts after one year (-€12,514)
- Receivables within one year -€4,903
down €4,903 (-11.3%), from €43,204 to €38,301
of which Trade receivables: -€4,654
- Reserves +€63,982
up €63,982 (+46.4%), from €137,855 to €201,837
of which Distributable reserves: +€63,982
- Tax, wage and social debts +€14,910
new in 2025: €14,910
- Debts after one year -€12,514
down €12,514 (-21.8%), from €57,273 to €44,759
- Gross operating margin +€70,487
up €70,487 (+79.1%), from €89,134 to €159,621
- Taxes +€13,706
up €13,706 (+1061.7%), from €1,291 to €14,997
- Staff costs -€2,171
down €2,171 (-3.2%), from €67,382 to €65,211
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 | €316,323 | €383,629 | +€67,306 | +21.3% |
| Fixed assets | 21/28 | €167,281 | €252,372 | +€85,091 | +50.9% |
| Tangible fixed assets | 22/27 | €167,281 | €252,372 | +€85,091 | +50.9% |
| Land and buildings | 22 | €165,575 | €158,297 | -€7,278 | -4.4% |
| Plant, machinery and equipment | 23 | €1,196 | - | -€1,196 | |
| Furniture and vehicles | 24 | €510 | €94,075 | +€93,565 | +18346.1% |
| Current assets | 29/58 | €149,042 | €131,257 | -€17,785 | -11.9% |
| Amounts receivable within one year | 40/41 | €43,204 | €38,301 | -€4,903 | -11.3% |
| Trade receivables | 40 | €30,855 | €26,201 | -€4,654 | -15.1% |
| Other amounts receivable | 41 | €12,349 | €12,100 | -€249 | -2.0% |
| Cash at bank and in hand | 54/58 | €103,394 | €91,106 | -€12,288 | -11.9% |
| Deferred charges and accrued income | 490/1 | €2,444 | €1,850 | -€594 | -24.3% |
| Total equity and liabilities | 10/49 | €316,323 | €383,629 | +€67,306 | +21.3% |
| Equity | 10/15 | €246,405 | €310,387 | +€63,982 | +26.0% |
| Contributions | 10/11 | €108,550 | €108,550 | = | 0.0% |
| Reserves | 13 | €137,855 | €201,837 | +€63,982 | +46.4% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €134,855 | €198,837 | +€63,982 | +47.4% |
| Amounts payable | 17/49 | €69,918 | €73,242 | +€3,324 | +4.8% |
| Amounts payable after more than one year | 17 | €57,273 | €44,759 | -€12,514 | -21.8% |
| Financial debts | 170/4 | €57,273 | €44,759 | -€12,514 | -21.8% |
| Amounts payable within one year | 42/48 | €12,645 | €28,483 | +€15,838 | +125.3% |
| Current portion of amounts payable after more than one year | 42 | €12,258 | €12,513 | +€255 | +2.1% |
| Trade debts | 44 | €387 | €1,060 | +€673 | +173.9% |
| Suppliers | 440/4 | €387 | €1,060 | +€673 | +173.9% |
| Taxes, remuneration and social security | 45 | - | €14,910 | +€14,910 | |
| Taxes | 450/3 | - | €14,910 | +€14,910 | |
| Non-recurring operating income | 76A | - | €21,000 | +€21,000 | |
| Remuneration, social security and pensions | 62 | €67,382 | €65,211 | -€2,171 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,253 | €11,254 | +€1,001 | +9.8% |
| Other operating charges | 640/8 | €2,884 | €2,748 | -€136 | -4.7% |
| Gross operating margin | 9900 | €89,134 | €159,621 | +€70,487 | +79.1% |
| Operating profit (loss) | 9901 | €8,615 | €80,408 | +€71,793 | +833.3% |
| Financial income | 75/76B | €219 | €308 | +€89 | +40.6% |
| Recurring financial income | 75 | €219 | €308 | +€89 | +40.6% |
| Financial charges | 65/66B | €2,035 | €1,737 | -€298 | -14.6% |
| Recurring financial charges | 65 | €2,035 | €1,737 | -€298 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €6,799 | €78,979 | +€72,180 | +1061.6% |
| Income taxes | 67/77 | €1,291 | €14,997 | +€13,706 | +1061.7% |
| Profit (loss) for the period | 9904 | €5,508 | €63,982 | +€58,474 | +1061.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,508 | €63,982 | +€58,474 | +1061.6% |
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 5 October 2026 via checked.be.