LVF 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.
LVF Consult
Largest movements
- Cash +€23,509
up €23,509 (+62.3%), from €37,738 to €61,247
mainly Net result for the year (+€24,397) and Receivables within one year (+€1,420)
- Receivables within one year -€1,420
down €1,420 (-93.2%), from €1,524 to €104
of which Trade receivables: -€1,138
- Profit (loss) carried forward +€23,903
up €23,903 (+73.2%), from €32,665 to €56,568
- Other debts -€1,171
down €1,171 (-14.1%), from €8,311 to €7,140
- Tax, wage and social debts -€1,082
down €1,082 (-19.9%), from €5,432 to €4,350
- Gross operating margin -€849
down €849 (-2.2%), from €37,962 to €37,114
- Depreciation +€393
up €393 (+471.9%), from €83 to €476
- Taxes +€383
up €383 (+5.0%), from €7,725 to €8,108
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.
Cash bridge derived
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 | €48,454 | €70,066 | +€21,613 | +44.6% |
| Fixed assets | 21/28 | €9,192 | €8,715 | -€476 | -5.2% |
| Tangible fixed assets | 22/27 | €1,346 | €869 | -€476 | -35.4% |
| Furniture and vehicles | 24 | €1,346 | €869 | -€476 | -35.4% |
| Financial fixed assets | 28 | €7,846 | €7,846 | = | 0.0% |
| Current assets | 29/58 | €39,262 | €61,351 | +€22,089 | +56.3% |
| Amounts receivable within one year | 40/41 | €1,524 | €104 | -€1,420 | -93.2% |
| Trade receivables | 40 | €1,242 | €104 | -€1,138 | -91.6% |
| Other amounts receivable | 41 | €282 | - | -€282 | |
| Cash at bank and in hand | 54/58 | €37,738 | €61,247 | +€23,509 | +62.3% |
| Total equity and liabilities | 10/49 | €48,454 | €70,066 | +€21,613 | +44.6% |
| Equity | 10/15 | €32,765 | €56,668 | +€23,903 | +73.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,665 | €56,568 | +€23,903 | +73.2% |
| Amounts payable | 17/49 | €15,688 | €13,398 | -€2,290 | -14.6% |
| Amounts payable within one year | 42/48 | €15,122 | €12,868 | -€2,254 | -14.9% |
| Trade debts | 44 | €1,379 | €1,378 | -€0 | 0.0% |
| Suppliers | 440/4 | €1,379 | €1,378 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €5,432 | €4,350 | -€1,082 | -19.9% |
| Taxes | 450/3 | €5,432 | €4,350 | -€1,082 | -19.9% |
| Other amounts payable | 47/48 | €8,311 | €7,140 | -€1,171 | -14.1% |
| Accrued charges and deferred income | 492/3 | €566 | €529 | -€37 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €476 | +€393 | +471.9% |
| Other operating charges | 640/8 | €144 | €185 | +€41 | +28.8% |
| Gross operating margin | 9900 | €37,962 | €37,114 | -€849 | -2.2% |
| Operating profit (loss) | 9901 | €37,735 | €36,453 | -€1,283 | -3.4% |
| Financial charges | 65/66B | €4,307 | €3,947 | -€360 | -8.4% |
| Recurring financial charges | 65 | €4,307 | €3,947 | -€360 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €33,428 | €32,505 | -€923 | -2.8% |
| Income taxes | 67/77 | €7,725 | €8,108 | +€383 | +5.0% |
| Profit (loss) for the period | 9904 | €25,704 | €24,397 | -€1,306 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,704 | €24,397 | -€1,306 | -5.1% |
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 9 October 2026 via checked.be.