LV IT 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.
LV IT CONSULTING
Largest movements
- Tangible fixed assets +€64,739
up €64,739 (+791%), from €8,184 to €72,923
of which Leasing and similar rights: +€67,100
- Cash +€22,348
up €22,348 (+23.2%), from €96,454 to €118,801
mainly Net result for the year (+€125,447) and Debts after one year (+€51,642)
- Receivables within one year -€9,754
down €9,754 (-18.7%), from €52,263 to €42,509
- Debts after one year +€51,642
new in 2025: €51,642
- Current portion of long-term debt +€15,726
new in 2025: €15,726
- Reserves +€8,282
up €8,282 (+7.1%), from €117,165 to €125,447
- Other debts +€7,796
up €7,796 (+43.9%), from €17,774 to €25,570
- Tax, wage and social debts -€6,603
down €6,603 (-38.2%), from €17,296 to €10,693
- Gross operating margin +€21,029
up €21,029 (+12.7%), from €165,441 to €186,470
- Depreciation +€8,539
up €8,539 (+74.9%), from €11,395 to €19,934
- Taxes +€2,585
up €2,585 (+7.6%), from €34,141 to €36,725
- Financial charges +€2,131
up €2,131 (+880%), from €242 to €2,373
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 | €158,702 | €234,780 | +€76,079 | +47.9% |
| Fixed assets | 21/28 | €8,184 | €72,923 | +€64,739 | +791% |
| Tangible fixed assets | 22/27 | €8,184 | €72,923 | +€64,739 | +791% |
| Plant, machinery and equipment | 23 | €3,411 | €4,614 | +€1,203 | +35.3% |
| Furniture and vehicles | 24 | €4,773 | €1,209 | -€3,564 | -74.7% |
| Leasing and similar rights | 25 | - | €67,100 | +€67,100 | |
| Current assets | 29/58 | €150,517 | €161,857 | +€11,340 | +7.5% |
| Amounts receivable within one year | 40/41 | €52,263 | €42,509 | -€9,754 | -18.7% |
| Trade receivables | 40 | €52,263 | €42,509 | -€9,754 | -18.7% |
| Cash at bank and in hand | 54/58 | €96,454 | €118,801 | +€22,348 | +23.2% |
| Deferred charges and accrued income | 490/1 | €1,801 | €547 | -€1,254 | -69.6% |
| Total equity and liabilities | 10/49 | €158,702 | €234,780 | +€76,079 | +47.9% |
| Equity | 10/15 | €121,165 | €129,447 | +€8,282 | +6.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €117,165 | €125,447 | +€8,282 | +7.1% |
| Distributable reserves | 133 | €117,165 | €125,447 | +€8,282 | +7.1% |
| Amounts payable | 17/49 | €37,536 | €105,334 | +€67,797 | +181% |
| Amounts payable after more than one year | 17 | - | €51,642 | +€51,642 | |
| Financial debts | 170/4 | - | €51,642 | +€51,642 | |
| Amounts payable within one year | 42/48 | €36,627 | €53,691 | +€17,064 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,726 | +€15,726 | |
| Trade debts | 44 | €1,557 | €1,702 | +€145 | +9.3% |
| Suppliers | 440/4 | €1,557 | €1,702 | +€145 | +9.3% |
| Taxes, remuneration and social security | 45 | €17,296 | €10,693 | -€6,603 | -38.2% |
| Taxes | 450/3 | €17,296 | €10,693 | -€6,603 | -38.2% |
| Other amounts payable | 47/48 | €17,774 | €25,570 | +€7,796 | +43.9% |
| Accrued charges and deferred income | 492/3 | €909 | - | -€909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,395 | €19,934 | +€8,539 | +74.9% |
| Other operating charges | 640/8 | €1,665 | €1,991 | +€326 | +19.6% |
| Gross operating margin | 9900 | €165,441 | €186,470 | +€21,029 | +12.7% |
| Operating profit (loss) | 9901 | €152,381 | €164,545 | +€12,164 | +8.0% |
| Financial charges | 65/66B | €242 | €2,373 | +€2,131 | +880% |
| Recurring financial charges | 65 | €242 | €2,373 | +€2,131 | +880% |
| Profit (loss) for the period before taxes | 9903 | €152,139 | €162,172 | +€10,034 | +6.6% |
| Income taxes | 67/77 | €34,141 | €36,725 | +€2,585 | +7.6% |
| Profit (loss) for the period | 9904 | €117,998 | €125,447 | +€7,449 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,998 | €125,447 | +€7,449 | +6.3% |
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 18 October 2026 via checked.be.