LV-CONSULTANTS: 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.
LV-CONSULTANTS
Largest movements
- Tangible fixed assets -€58,808
down €58,808 (-6.2%), from €952,395 to €893,587
of which Land and buildings: -€33,378
- Receivables within one year +€22,481
up €22,481 (+40.4%), from €55,633 to €78,113
of which Trade receivables: +€21,052
- Debts after one year -€52,211
down €52,211 (-3.7%), from €1.4m to €1.4m
of which Financial debts: -€52,211
- Other debts +€20,343
up €20,343 (+25.7%), from €79,118 to €99,462
- Gross operating margin -€5,859
down €5,859 (-7.6%), from €77,127 to €71,268
- Depreciation -€1,761
down €1,761 (-2.8%), from €63,479 to €61,718
- Financial charges -€1,567
down €1,567 (-12.8%), from €12,202 to €10,635
- Other operating charges +€1,050
up €1,050 (+12.4%), from €8,456 to €9,506
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 | €1,785,465 | €1,748,430 | -€37,035 | -2.1% |
| Fixed assets | 21/28 | €1,727,430 | €1,668,623 | -€58,808 | -3.4% |
| Tangible fixed assets | 22/27 | €952,395 | €893,587 | -€58,808 | -6.2% |
| Land and buildings | 22 | €874,839 | €841,461 | -€33,378 | -3.8% |
| Plant, machinery and equipment | 23 | €5,360 | €5,791 | +€431 | +8.0% |
| Furniture and vehicles | 24 | €33,698 | €19,393 | -€14,305 | -42.5% |
| Leasing and similar rights | 25 | €38,498 | €26,942 | -€11,556 | -30.0% |
| Financial fixed assets | 28 | €775,035 | €775,035 | = | 0.0% |
| Current assets | 29/58 | €58,035 | €79,807 | +€21,772 | +37.5% |
| Amounts receivable within one year | 40/41 | €55,633 | €78,113 | +€22,481 | +40.4% |
| Trade receivables | 40 | €33,392 | €54,444 | +€21,052 | +63.0% |
| Other amounts receivable | 41 | €22,241 | €23,669 | +€1,428 | +6.4% |
| Cash at bank and in hand | 54/58 | €1,161 | €378 | -€783 | -67.5% |
| Deferred charges and accrued income | 490/1 | €1,241 | €1,316 | +€75 | +6.0% |
| Total equity and liabilities | 10/49 | €1,785,465 | €1,748,430 | -€37,035 | -2.1% |
| Equity | 10/15 | €229,043 | €218,201 | -€10,842 | -4.7% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Revaluation surpluses | 12 | €167,439 | €167,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,396 | -€204,238 | -€10,842 | -5.6% |
| Amounts payable | 17/49 | €1,556,421 | €1,530,228 | -€26,193 | -1.7% |
| Amounts payable after more than one year | 17 | €1,424,927 | €1,372,717 | -€52,211 | -3.7% |
| Financial debts | 170/4 | €349,621 | €297,410 | -€52,211 | -14.9% |
| Other amounts payable | 178/9 | €1,075,306 | €1,075,306 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,494 | €157,511 | +€26,017 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €50,589 | €52,211 | +€1,621 | +3.2% |
| Trade debts | 44 | €1,667 | €5,839 | +€4,173 | +250% |
| Suppliers | 440/4 | €1,667 | €5,839 | +€4,173 | +250% |
| Taxes, remuneration and social security | 45 | €120 | €0 | -€120 | -100% |
| Taxes | 450/3 | €120 | €0 | -€120 | -100% |
| Other amounts payable | 47/48 | €79,118 | €99,462 | +€20,343 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,479 | €61,718 | -€1,761 | -2.8% |
| Other operating charges | 640/8 | €8,456 | €9,506 | +€1,050 | +12.4% |
| Gross operating margin | 9900 | €77,127 | €71,268 | -€5,859 | -7.6% |
| Operating profit (loss) | 9901 | €5,192 | €44 | -€5,148 | -99.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €12,202 | €10,635 | -€1,567 | -12.8% |
| Recurring financial charges | 65 | €12,202 | €10,635 | -€1,567 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,006 | -€10,591 | -€3,585 | -51.2% |
| Income taxes | 67/77 | €335 | €251 | -€84 | -25.2% |
| Profit (loss) for the period | 9904 | -€7,341 | -€10,842 | -€3,501 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,341 | -€10,842 | -€3,501 | -47.7% |
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 23 October 2026 via checked.be.