LVCM Consulting: what changed
LVCM Consulting
Largest movements
- Cash -€14,749
down €14,749 (-35.4%), from €41,613 to €26,864
mainly Tax, wage and social debts (-€8,102) and Other debts (-€4,158)
- Receivables within one year +€3,086
up €3,086 (+18.8%), from €16,456 to €19,542
- Tangible fixed assets +€785
up €785 (+11.8%), from €6,632 to €7,417
of which Furniture and vehicles: +€1,117
- Tax, wage and social debts -€8,102
down €8,102 (-35.2%), from €23,031 to €14,929
- Other debts -€4,158
down €4,158 (-34.9%), from €11,922 to €7,764
- Trade debts +€2,610
up €2,610 (+489%), from €534 to €3,144
- Profit (loss) carried forward -€1,130
down €1,130 (-11.8%), from €9,612 to €8,482
- Financial charges +€1,510
up €1,510 (+36.5%), from €4,133 to €5,642
- Gross operating margin +€1,218
up €1,218 (+17.3%), from €7,024 to €8,242
- Financial income +€1,210
up €1,210 (+12,102,700%), from €0 to €1,210
- Depreciation +€655
up €655 (+40.0%), from €1,637 to €2,292
- Other operating charges +€296
up €296 (+157%), from €189 to €485
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,830 | €54,049 | -€10,781 | -16.6% |
| Fixed assets | 21/28 | €6,632 | €7,417 | +€785 | +11.8% |
| Tangible fixed assets | 22/27 | €6,632 | €7,417 | +€785 | +11.8% |
| Plant, machinery and equipment | 23 | €1,555 | €1,395 | -€160 | -10.3% |
| Furniture and vehicles | 24 | €3,409 | €4,527 | +€1,117 | +32.8% |
| Other tangible fixed assets | 26 | €1,668 | €1,495 | -€173 | -10.3% |
| Current assets | 29/58 | €58,198 | €46,633 | -€11,566 | -19.9% |
| Amounts receivable within one year | 40/41 | €16,456 | €19,542 | +€3,086 | +18.8% |
| Trade receivables | 40 | €16,456 | €19,542 | +€3,086 | +18.8% |
| Cash at bank and in hand | 54/58 | €41,613 | €26,864 | -€14,749 | -35.4% |
| Deferred charges and accrued income | 490/1 | €129 | €227 | +€98 | +75.5% |
| Total equity and liabilities | 10/49 | €64,830 | €54,049 | -€10,781 | -16.6% |
| Equity | 10/15 | €29,342 | €28,212 | -€1,130 | -3.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,730 | €16,730 | = | 0.0% |
| Distributable reserves | 133 | €16,730 | €16,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,612 | €8,482 | -€1,130 | -11.8% |
| Amounts payable | 17/49 | €35,488 | €25,838 | -€9,650 | -27.2% |
| Amounts payable within one year | 42/48 | €35,488 | €25,838 | -€9,650 | -27.2% |
| Trade debts | 44 | €534 | €3,144 | +€2,610 | +489% |
| Suppliers | 440/4 | €534 | €3,144 | +€2,610 | +489% |
| Taxes, remuneration and social security | 45 | €23,031 | €14,929 | -€8,102 | -35.2% |
| Taxes | 450/3 | €23,031 | €14,929 | -€8,102 | -35.2% |
| Other amounts payable | 47/48 | €11,922 | €7,764 | -€4,158 | -34.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,637 | €2,292 | +€655 | +40.0% |
| Other operating charges | 640/8 | €189 | €485 | +€296 | +157% |
| Gross operating margin | 9900 | €7,024 | €8,242 | +€1,218 | +17.3% |
| Operating profit (loss) | 9901 | €5,198 | €5,465 | +€267 | +5.1% |
| Financial income | 75/76B | €0 | €1,210 | +€1,210 | +12,102,700% |
| Recurring financial income | 75 | €0 | €1,210 | +€1,210 | +12,102,700% |
| Financial charges | 65/66B | €4,133 | €5,642 | +€1,510 | +36.5% |
| Recurring financial charges | 65 | €4,133 | €5,642 | +€1,510 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €1,065 | €1,033 | -€32 | -3.0% |
| Income taxes | 67/77 | €1,945 | €2,163 | +€219 | +11.2% |
| Profit (loss) for the period | 9904 | -€880 | -€1,130 | -€251 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€880 | -€1,130 | -€251 | -28.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.