LSE Consultancy: 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.
LSE Consultancy
Largest movements
- Current investments +€35,000
up €35,000 (+140.0%), from €25,000 to €60,000
- Tangible fixed assets -€6,488
down €6,488 (-23.1%), from €28,146 to €21,657
of which Furniture and vehicles: -€7,218
- Cash -€3,965
down €3,965 (-17.1%), from €23,247 to €19,282
mainly Current investments (-€35,000) and Tax, wage and social debts (-€5,817)
- Deferred charges and accrued income +€1,649
new in 2025: €1,649
- Reserves +€30,749
up €30,749 (+55.0%), from €55,955 to €86,704
- Tax, wage and social debts -€5,817
down €5,817 (-29.6%), from €19,629 to €13,812
- Gross operating margin -€30,957
down €30,957 (-37.8%), from €81,893 to €50,936
- Taxes -€5,963
down €5,963 (-40.2%), from €14,828 to €8,866
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 | €77,662 | €103,206 | +€25,544 | +32.9% |
| Fixed assets | 21/28 | €28,146 | €21,657 | -€6,488 | -23.1% |
| Tangible fixed assets | 22/27 | €28,146 | €21,657 | -€6,488 | -23.1% |
| Land and buildings | 22 | €5,130 | €6,047 | +€917 | +17.9% |
| Plant, machinery and equipment | 23 | €1,683 | €1,495 | -€188 | -11.2% |
| Furniture and vehicles | 24 | €21,333 | €14,115 | -€7,218 | -33.8% |
| Current assets | 29/58 | €49,516 | €81,549 | +€32,032 | +64.7% |
| Amounts receivable within one year | 40/41 | €1,270 | €617 | -€652 | -51.4% |
| Trade receivables | 40 | - | €348 | +€348 | |
| Other amounts receivable | 41 | €1,270 | €269 | -€1,000 | -78.8% |
| Current investments | 50/53 | €25,000 | €60,000 | +€35,000 | +140.0% |
| Cash at bank and in hand | 54/58 | €23,247 | €19,282 | -€3,965 | -17.1% |
| Deferred charges and accrued income | 490/1 | - | €1,649 | +€1,649 | |
| Total equity and liabilities | 10/49 | €77,662 | €103,206 | +€25,544 | +32.9% |
| Equity | 10/15 | €57,955 | €88,704 | +€30,749 | +53.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,955 | €86,704 | +€30,749 | +55.0% |
| Distributable reserves | 133 | €55,955 | €86,704 | +€30,749 | +55.0% |
| Amounts payable | 17/49 | €19,707 | €14,502 | -€5,205 | -26.4% |
| Amounts payable within one year | 42/48 | €19,707 | €14,502 | -€5,205 | -26.4% |
| Trade debts | 44 | €78 | €157 | +€79 | +100.4% |
| Suppliers | 440/4 | €78 | €157 | +€79 | +100.4% |
| Taxes, remuneration and social security | 45 | €19,629 | €13,812 | -€5,817 | -29.6% |
| Taxes | 450/3 | €19,629 | €13,812 | -€5,817 | -29.6% |
| Other amounts payable | 47/48 | - | €534 | +€534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,393 | €8,113 | -€280 | -3.3% |
| Other operating charges | 640/8 | €1,101 | €706 | -€395 | -35.9% |
| Gross operating margin | 9900 | €81,893 | €50,936 | -€30,957 | -37.8% |
| Operating profit (loss) | 9901 | €72,399 | €42,118 | -€30,281 | -41.8% |
| Financial income | 75/76B | €0 | €745 | +€745 | +2482466.7% |
| Recurring financial income | 75 | €0 | €745 | +€745 | +2482466.7% |
| Financial charges | 65/66B | €16 | €48 | +€32 | +197.7% |
| Recurring financial charges | 65 | €16 | €48 | +€32 | +197.7% |
| Profit (loss) for the period before taxes | 9903 | €72,383 | €42,815 | -€29,568 | -40.8% |
| Income taxes | 67/77 | €14,828 | €8,866 | -€5,963 | -40.2% |
| Profit (loss) for the period | 9904 | €57,555 | €33,949 | -€23,606 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,555 | €33,949 | -€23,606 | -41.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.