LTJ 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.
LTJ Consulting
Largest movements
- Cash +€60,908
up €60,908 (+138%), from €44,291 to €105,199
mainly Other debts (+€62,753) and Net result for the year (+€47,504)
- Tangible fixed assets -€10,402
down €10,402 (-29.5%), from €35,295 to €24,893
- Receivables within one year +€3,823
up €3,823 (+15.8%), from €24,219 to €28,042
of which Trade receivables: +€5,423
- Other debts +€62,753
up €62,753 (+3,937%), from €1,594 to €64,347
- Reserves -€26,096
down €26,096 (-35.4%), from €73,668 to €47,571
- Tax, wage and social debts +€22,268
up €22,268 (+373%), from €5,976 to €28,244
of which Taxes: +€22,368
- Debts after one year -€7,214
down €7,214 (-65.8%), from €10,958 to €3,744
- Accrued charges and deferred income +€1,634
new in 2025: €1,634
- Gross operating margin +€32,688
up €32,688 (+71.2%), from €45,933 to €78,621
- Taxes +€9,837
up €9,837 (+137%), from €7,158 to €16,994
- Financial charges +€2,004
up €2,004 (+161%), from €1,243 to €3,247
- Other operating charges -€1,170
down €1,170 (-71.2%), from €1,644 to €474
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 | €104,537 | €158,897 | +€54,361 | +52.0% |
| Fixed assets | 21/28 | €35,295 | €24,893 | -€10,402 | -29.5% |
| Tangible fixed assets | 22/27 | €35,295 | €24,893 | -€10,402 | -29.5% |
| Furniture and vehicles | 24 | €35,295 | €24,893 | -€10,402 | -29.5% |
| Current assets | 29/58 | €69,242 | €134,004 | +€64,762 | +93.5% |
| Amounts receivable within one year | 40/41 | €24,219 | €28,042 | +€3,823 | +15.8% |
| Trade receivables | 40 | €22,619 | €28,042 | +€5,423 | +24.0% |
| Other amounts receivable | 41 | €1,600 | €0 | -€1,600 | -100% |
| Cash at bank and in hand | 54/58 | €44,291 | €105,199 | +€60,908 | +138% |
| Deferred charges and accrued income | 490/1 | €732 | €763 | +€31 | +4.3% |
| Total equity and liabilities | 10/49 | €104,537 | €158,897 | +€54,361 | +52.0% |
| Equity | 10/15 | €78,668 | €52,571 | -€26,096 | -33.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,668 | €47,571 | -€26,096 | -35.4% |
| Distributable reserves | 133 | €73,668 | €47,571 | -€26,096 | -35.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,869 | €106,326 | +€80,457 | +311% |
| Amounts payable after more than one year | 17 | €10,958 | €3,744 | -€7,214 | -65.8% |
| Financial debts | 170/4 | €10,958 | €3,744 | -€7,214 | -65.8% |
| Amounts payable within one year | 42/48 | €14,911 | €100,948 | +€86,038 | +577% |
| Current portion of amounts payable after more than one year | 42 | €6,866 | €7,214 | +€349 | +5.1% |
| Financial debts | 43 | €259 | €99 | -€160 | -61.8% |
| Credit institutions | 430/8 | €259 | €99 | -€160 | -61.8% |
| Trade debts | 44 | €217 | €1,045 | +€828 | +382% |
| Suppliers | 440/4 | €217 | €1,045 | +€828 | +382% |
| Taxes, remuneration and social security | 45 | €5,976 | €28,244 | +€22,268 | +373% |
| Taxes | 450/3 | €5,875 | €28,244 | +€22,368 | +381% |
| Remuneration and social security | 454/9 | €100 | €0 | -€100 | -100% |
| Other amounts payable | 47/48 | €1,594 | €64,347 | +€62,753 | +3,937% |
| Accrued charges and deferred income | 492/3 | - | €1,634 | +€1,634 | |
| Non-recurring operating income | 76A | - | €2,332 | +€2,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,402 | €10,402 | = | 0.0% |
| Other operating charges | 640/8 | €1,644 | €474 | -€1,170 | -71.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €45,933 | €78,621 | +€32,688 | +71.2% |
| Operating profit (loss) | 9901 | €33,887 | €67,745 | +€33,858 | +99.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,243 | €3,247 | +€2,004 | +161% |
| Recurring financial charges | 65 | €1,243 | €3,247 | +€2,004 | +161% |
| Profit (loss) for the period before taxes | 9903 | €32,644 | €64,498 | +€31,854 | +97.6% |
| Income taxes | 67/77 | €7,158 | €16,994 | +€9,837 | +137% |
| Profit (loss) for the period | 9904 | €25,486 | €47,504 | +€22,017 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,486 | €47,504 | +€22,017 | +86.4% |
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 21 October 2026 via checked.be.