LTh 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.
LTh Consulting
Largest movements
- Receivables after one year +€92,000
new in 2024: €92,000
- Cash +€67,894
up €67,894 (+1,235%), from €5,498 to €73,392
mainly Net result for the year (+€84,537) and Contributions, distributions and other (+€75,399)
- Deferred charges and accrued income -€24,126
down €24,126 (-41.7%), from €57,816 to €33,690
- Tangible fixed assets -€4,015
down €4,015 (-42.3%), from €9,489 to €5,474
of which Furniture and vehicles: -€2,930
- Reserves +€84,000
up €84,000 (+4,516%), from €1,860 to €85,860
of which Distributable reserves: +€84,000
- Profit (loss) carried forward +€75,937
up €75,937, from -€58,870 to €17,066
- Tax, wage and social debts +€46,731
up €46,731 (+421%), from €11,111 to €57,842
of which Taxes: +€44,031
- Accrued charges and deferred income -€37,205
down €37,205 (-55.6%), from €66,934 to €29,729
- Trade debts -€25,336
down €25,336 (-71.2%), from €35,588 to €10,252
- Gross operating margin +€196,899
up €196,899, from -€13,719 to €183,180
- Taxes +€46,013
new in 2024: €46,013
- Staff costs -€5,748
down €5,748 (-10.7%), from €53,730 to €47,982
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,074 | €207,405 | +€131,331 | +173% |
| Fixed assets | 21/28 | €11,940 | €7,925 | -€4,015 | -33.6% |
| Tangible fixed assets | 22/27 | €9,489 | €5,474 | -€4,015 | -42.3% |
| Furniture and vehicles | 24 | €5,770 | €2,840 | -€2,930 | -50.8% |
| Other tangible fixed assets | 26 | €3,719 | €2,634 | -€1,085 | -29.2% |
| Financial fixed assets | 28 | €2,451 | €2,451 | = | 0.0% |
| Current assets | 29/58 | €64,134 | €199,480 | +€135,346 | +211% |
| Amounts receivable after more than one year | 29 | - | €92,000 | +€92,000 | |
| Other amounts receivable | 291 | - | €92,000 | +€92,000 | |
| Amounts receivable within one year | 40/41 | €821 | €398 | -€422 | -51.5% |
| Other amounts receivable | 41 | €821 | €398 | -€422 | -51.5% |
| Cash at bank and in hand | 54/58 | €5,498 | €73,392 | +€67,894 | +1,235% |
| Deferred charges and accrued income | 490/1 | €57,816 | €33,690 | -€24,126 | -41.7% |
| Total equity and liabilities | 10/49 | €76,074 | €207,405 | +€131,331 | +173% |
| Equity | 10/15 | -€50,810 | €109,126 | +€159,937 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €85,860 | +€84,000 | +4,516% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €84,000 | +€84,000 | |
| Profit (loss) carried forward | 14 | -€58,870 | €17,066 | +€75,937 | |
| Amounts payable | 17/49 | €126,884 | €98,278 | -€28,606 | -22.5% |
| Amounts payable within one year | 42/48 | €59,950 | €68,549 | +€8,599 | +14.3% |
| Trade debts | 44 | €35,588 | €10,252 | -€25,336 | -71.2% |
| Suppliers | 440/4 | €35,588 | €10,252 | -€25,336 | -71.2% |
| Taxes, remuneration and social security | 45 | €11,111 | €57,842 | +€46,731 | +421% |
| Taxes | 450/3 | €2,650 | €46,681 | +€44,031 | +1,662% |
| Remuneration and social security | 454/9 | €8,461 | €11,161 | +€2,700 | +31.9% |
| Other amounts payable | 47/48 | €13,251 | €455 | -€12,796 | -96.6% |
| Accrued charges and deferred income | 492/3 | €66,934 | €29,729 | -€37,205 | -55.6% |
| Remuneration, social security and pensions | 62 | €53,730 | €47,982 | -€5,748 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,508 | €4,015 | -€493 | -10.9% |
| Other operating charges | 640/8 | €605 | €150 | -€455 | -75.2% |
| Gross operating margin | 9900 | -€13,719 | €183,180 | +€196,899 | |
| Operating profit (loss) | 9901 | -€72,562 | €131,033 | +€203,595 | |
| Financial income | 75/76B | €40 | €1,177 | +€1,137 | +2,811% |
| Recurring financial income | 75 | €40 | €1,177 | +€1,137 | +2,811% |
| Financial charges | 65/66B | €1,510 | €1,660 | +€150 | +9.9% |
| Recurring financial charges | 65 | €1,510 | €1,660 | +€150 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€74,031 | €130,550 | +€204,582 | |
| Income taxes | 67/77 | - | €46,013 | +€46,013 | |
| Profit (loss) for the period | 9904 | -€74,031 | €84,537 | +€158,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€74,031 | €84,537 | +€158,569 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.