LVDK Consult: 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.
LVDK Consult
Largest movements
- Cash -€31,532
down €31,532 (-60.3%), from €52,271 to €20,739
mainly Net result for the year (-€28,795) and Debts after one year (-€15,931)
- Current investments -€25,452
down €25,452 (-100%), from €25,452 to €0
- Receivables within one year +€9,656
up €9,656 (+12.9%), from €74,574 to €84,229
of which Other amounts receivable: +€8,003
- Tangible fixed assets -€9,634
down €9,634 (-26.7%), from €36,099 to €26,465
of which Leasing and similar rights: -€15,286
- Profit (loss) carried forward -€28,795
new in 2025: -€28,795
- Debts after one year -€15,931
down €15,931 (-79.8%), from €19,974 to €4,043
- Tax, wage and social debts -€13,717
down €13,717 (-43.5%), from €31,504 to €17,787
- Gross operating margin -€111,809
down €111,809, from €100,047 to -€11,762
- Taxes -€17,186
down €17,186 (-98.5%), from €17,449 to €263
- Financial charges -€1,419
down €1,419 (-62.1%), from €2,285 to €865
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 | €188,395 | €132,149 | -€56,245 | -29.9% |
| Fixed assets | 21/28 | €36,099 | €26,465 | -€9,634 | -26.7% |
| Tangible fixed assets | 22/27 | €36,099 | €26,465 | -€9,634 | -26.7% |
| Furniture and vehicles | 24 | €1,382 | €7,033 | +€5,651 | +409% |
| Leasing and similar rights | 25 | €34,717 | €19,431 | -€15,286 | -44.0% |
| Current assets | 29/58 | €152,296 | €105,685 | -€46,611 | -30.6% |
| Amounts receivable within one year | 40/41 | €74,574 | €84,229 | +€9,656 | +12.9% |
| Trade receivables | 40 | €2,146 | €3,798 | +€1,652 | +77.0% |
| Other amounts receivable | 41 | €72,428 | €80,431 | +€8,003 | +11.1% |
| Current investments | 50/53 | €25,452 | €0 | -€25,452 | -100% |
| Cash at bank and in hand | 54/58 | €52,271 | €20,739 | -€31,532 | -60.3% |
| Deferred charges and accrued income | 490/1 | €0 | €717 | +€717 | |
| Total equity and liabilities | 10/49 | €188,395 | €132,149 | -€56,245 | -29.9% |
| Equity | 10/15 | €118,798 | €90,003 | -€28,795 | -24.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €117,798 | €117,798 | = | 0.0% |
| Distributable reserves | 133 | €117,798 | €117,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€28,795 | -€28,795 | |
| Amounts payable | 17/49 | €69,596 | €42,146 | -€27,450 | -39.4% |
| Amounts payable after more than one year | 17 | €19,974 | €4,043 | -€15,931 | -79.8% |
| Financial debts | 170/4 | €19,974 | €4,043 | -€15,931 | -79.8% |
| Amounts payable within one year | 42/48 | €49,622 | €38,103 | -€11,519 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €15,554 | €15,931 | +€377 | +2.4% |
| Trade debts | 44 | €2,564 | €4,384 | +€1,821 | +71.0% |
| Suppliers | 440/4 | €2,564 | €4,384 | +€1,821 | +71.0% |
| Taxes, remuneration and social security | 45 | €31,504 | €17,787 | -€13,717 | -43.5% |
| Taxes | 450/3 | €31,504 | €17,787 | -€13,717 | -43.5% |
| Non-recurring operating income | 76A | - | €421 | +€421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,928 | €16,634 | +€706 | +4.4% |
| Other operating charges | 640/8 | €2,221 | €2,496 | +€275 | +12.4% |
| Non-recurring operating charges | 66A | - | €874 | +€874 | |
| Gross operating margin | 9900 | €100,047 | -€11,762 | -€111,809 | |
| Operating profit (loss) | 9901 | €81,897 | -€31,765 | -€113,663 | |
| Financial income | 75/76B | €3,208 | €4,099 | +€890 | +27.8% |
| Recurring financial income | 75 | €3,208 | €4,099 | +€890 | +27.8% |
| Financial charges | 65/66B | €2,285 | €865 | -€1,419 | -62.1% |
| Recurring financial charges | 65 | €2,285 | €865 | -€1,419 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €82,821 | -€28,532 | -€111,353 | |
| Income taxes | 67/77 | €17,449 | €263 | -€17,186 | -98.5% |
| Profit (loss) for the period | 9904 | €65,372 | -€28,795 | -€94,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,372 | -€28,795 | -€94,167 |
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 15 October 2026 via checked.be.