LTL 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.
LTL Consulting
Largest movements
- Intangible fixed assets -€143,603
down €143,603 (-11.1%), from €1.3m to €1.1m
- Other debts -€139,988
down €139,988 (-10.8%), from €1.3m to €1.2m
- Tax, wage and social debts +€46,098
up €46,098 (+30.4%), from €151,468 to €197,566
- Debts after one year -€27,487
down €27,487 (-35.3%), from €77,879 to €50,392
- Financial income -€238,250
down €238,250 (-99.7%), from €238,898 to €649
of which Non-recurring financial income: -€238,854
- Gross operating margin +€165,199
up €165,199 (+838%), from €19,714 to €184,913
- Taxes +€53,309
up €53,309 (+1,502%), from €3,549 to €56,858
- Financial charges -€15,039
down €15,039 (-87.9%), from €17,102 to €2,063
- Other operating charges -€9,091
down €9,091 (-81.9%), from €11,096 to €2,005
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 | €1,976,176 | €1,838,683 | -€137,493 | -7.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,292,424 | €1,148,821 | -€143,603 | -11.1% |
| Intangible fixed assets | 21 | €1,292,424 | €1,148,821 | -€143,603 | -11.1% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €683,752 | €689,862 | +€6,110 | +0.9% |
| Amounts receivable within one year | 40/41 | €683,002 | €689,497 | +€6,495 | +1.0% |
| Trade receivables | 40 | €285,611 | €294,606 | +€8,995 | +3.1% |
| Other amounts receivable | 41 | €397,391 | €394,891 | -€2,500 | -0.6% |
| Cash at bank and in hand | 54/58 | €664 | €275 | -€389 | -58.5% |
| Deferred charges and accrued income | 490/1 | €86 | €89 | +€4 | +4.2% |
| Total equity and liabilities | 10/49 | €1,976,176 | €1,838,683 | -€137,493 | -7.0% |
| Equity | 10/15 | €377,727 | €358,760 | -€18,967 | -5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €296,685 | €296,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,600 | €43,600 | = | 0.0% |
| Distributable reserves | 133 | €251,225 | €251,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,641 | €49,674 | -€18,967 | -27.6% |
| Provisions and deferred taxes | 16 | €10,900 | €10,900 | = | 0.0% |
| Deferred taxes | 168 | €10,900 | €10,900 | = | 0.0% |
| Amounts payable | 17/49 | €1,587,549 | €1,469,023 | -€118,526 | -7.5% |
| Amounts payable after more than one year | 17 | €77,879 | €50,392 | -€27,487 | -35.3% |
| Financial debts | 170/4 | €77,879 | €50,392 | -€27,487 | -35.3% |
| Amounts payable within one year | 42/48 | €1,509,670 | €1,418,631 | -€91,039 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €50,649 | €48,273 | -€2,376 | -4.7% |
| Financial debts | 43 | - | €7,262 | +€7,262 | |
| Credit institutions | 430/8 | - | €7,262 | +€7,262 | |
| Trade debts | 44 | €6,597 | €4,562 | -€2,036 | -30.9% |
| Suppliers | 440/4 | €6,597 | €4,562 | -€2,036 | -30.9% |
| Taxes, remuneration and social security | 45 | €151,468 | €197,566 | +€46,098 | +30.4% |
| Taxes | 450/3 | €151,468 | €197,566 | +€46,098 | +30.4% |
| Other amounts payable | 47/48 | €1,300,955 | €1,160,967 | -€139,988 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,603 | €143,603 | = | 0.0% |
| Other operating charges | 640/8 | €11,096 | €2,005 | -€9,091 | -81.9% |
| Gross operating margin | 9900 | €19,714 | €184,913 | +€165,199 | +838% |
| Operating profit (loss) | 9901 | -€134,985 | €39,305 | +€174,291 | |
| Financial income | 75/76B | €238,898 | €649 | -€238,250 | -99.7% |
| Recurring financial income | 75 | €44 | €649 | +€604 | +1,360% |
| Non-recurring financial income | 76B | €238,854 | - | -€238,854 | |
| Financial charges | 65/66B | €17,102 | €2,063 | -€15,039 | -87.9% |
| Recurring financial charges | 65 | €17,102 | €2,063 | -€15,039 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €86,811 | €37,891 | -€48,920 | -56.4% |
| Transfer to deferred taxes | 680 | €10,900 | - | -€10,900 | |
| Income taxes | 67/77 | €3,549 | €56,858 | +€53,309 | +1,502% |
| Profit (loss) for the period | 9904 | €72,362 | -€18,967 | -€91,328 | |
| Transfer to tax-exempt reserves | 689 | €43,600 | - | -€43,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,761 | -€18,967 | -€47,728 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.