LTA MANAGEMENT CONSULTING: 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.
LTA MANAGEMENT CONSULTING
Largest movements
- Cash +€8,300
up €8,300 (+14.1%), from €58,776 to €67,076
mainly Net result for the year (+€46,555) and Depreciation (+€15,052)
- Receivables within one year -€5,546
down €5,546 (-8.2%), from €67,604 to €62,059
of which Trade receivables: -€6,496
- Reserves +€46,555
up €46,555 (+24.8%), from €187,508 to €234,063
- Other debts -€24,801
down €24,801 (-47.9%), from €51,761 to €26,960
- Debts after one year -€24,672
down €24,672 (-9.6%), from €256,029 to €231,357
- Tax, wage and social debts -€8,237
down €8,237 (-43.2%), from €19,066 to €10,830
of which Taxes: -€4,624
- Gross operating margin +€5,495
up €5,495 (+3.8%), from €144,499 to €149,994
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 | €551,713 | €547,151 | -€4,562 | -0.8% |
| Fixed assets | 21/28 | €390,295 | €385,094 | -€5,200 | -1.3% |
| Tangible fixed assets | 22/27 | €390,295 | €385,094 | -€5,200 | -1.3% |
| Land and buildings | 22 | €365,368 | €358,530 | -€6,838 | -1.9% |
| Plant, machinery and equipment | 23 | €14,284 | €12,112 | -€2,172 | -15.2% |
| Furniture and vehicles | 24 | €7,315 | €12,234 | +€4,919 | +67.3% |
| Other tangible fixed assets | 26 | €3,328 | €2,219 | -€1,109 | -33.3% |
| Current assets | 29/58 | €161,418 | €162,057 | +€638 | +0.4% |
| Amounts receivable within one year | 40/41 | €67,604 | €62,059 | -€5,546 | -8.2% |
| Trade receivables | 40 | €67,604 | €61,108 | -€6,496 | -9.6% |
| Other amounts receivable | 41 | €0 | €950 | +€950 | |
| Current investments | 50/53 | €23,500 | €23,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,776 | €67,076 | +€8,300 | +14.1% |
| Deferred charges and accrued income | 490/1 | €11,538 | €9,422 | -€2,116 | -18.3% |
| Total equity and liabilities | 10/49 | €551,713 | €547,151 | -€4,562 | -0.8% |
| Equity | 10/15 | €193,708 | €240,263 | +€46,555 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €187,508 | €234,063 | +€46,555 | +24.8% |
| Distributable reserves | 133 | €187,508 | €234,063 | +€46,555 | +24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €358,005 | €306,888 | -€51,117 | -14.3% |
| Amounts payable after more than one year | 17 | €256,029 | €231,357 | -€24,672 | -9.6% |
| Financial debts | 170/4 | €256,029 | €231,357 | -€24,672 | -9.6% |
| Amounts payable within one year | 42/48 | €101,976 | €75,531 | -€26,445 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €24,327 | €24,672 | +€345 | +1.4% |
| Financial debts | 43 | - | €4,206 | +€4,206 | |
| Credit institutions | 430/8 | - | €4,206 | +€4,206 | |
| Trade debts | 44 | €6,822 | €8,863 | +€2,041 | +29.9% |
| Suppliers | 440/4 | €6,822 | €8,863 | +€2,041 | +29.9% |
| Taxes, remuneration and social security | 45 | €19,066 | €10,830 | -€8,237 | -43.2% |
| Taxes | 450/3 | €9,233 | €4,609 | -€4,624 | -50.1% |
| Remuneration and social security | 454/9 | €9,833 | €6,221 | -€3,612 | -36.7% |
| Other amounts payable | 47/48 | €51,761 | €26,960 | -€24,801 | -47.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,778 | €60,110 | +€1,332 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,690 | €15,052 | +€361 | +2.5% |
| Other operating charges | 640/8 | €1,429 | €1,765 | +€335 | +23.5% |
| Gross operating margin | 9900 | €144,499 | €149,994 | +€5,495 | +3.8% |
| Operating profit (loss) | 9901 | €69,602 | €73,068 | +€3,466 | +5.0% |
| Financial income | 75/76B | €293 | €197 | -€96 | -32.7% |
| Recurring financial income | 75 | €293 | €197 | -€96 | -32.7% |
| Financial charges | 65/66B | €7,680 | €7,179 | -€502 | -6.5% |
| Recurring financial charges | 65 | €7,680 | €7,179 | -€502 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €62,215 | €66,087 | +€3,872 | +6.2% |
| Income taxes | 67/77 | €18,253 | €19,532 | +€1,279 | +7.0% |
| Profit (loss) for the period | 9904 | €43,962 | €46,555 | +€2,593 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,962 | €46,555 | +€2,593 | +5.9% |
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 29 October 2026 via checked.be.