LvL 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.
LvL CONSULTING
Largest movements
- Current investments +€209,887
up €209,887 (+98.9%), from €212,234 to €422,121
- Cash -€202,175
down €202,175 (-82.5%), from €245,052 to €42,877
mainly Current investments (-€209,887) and Accrued charges and deferred income (-€12,635)
- Deferred charges and accrued income -€10,875
down €10,875 (-100%), from €10,875 to €0
- Receivables within one year +€9,554
up €9,554 (+126%), from €7,609 to €17,163
of which Trade receivables: +€6,487
- Accrued charges and deferred income -€12,635
down €12,635 (-100%), from €12,635 to €0
- Other debts +€10,214
up €10,214 (+11.2%), from €91,227 to €101,441
- Gross operating margin -€28,429
down €28,429 (-50.9%), from €55,853 to €27,424
- Taxes -€10,751
down €10,751 (-79.5%), from €13,532 to €2,781
- Financial income -€8,241
down €8,241 (-85.3%), from €9,657 to €1,416
- Financial charges +€3,840
up €3,840 (+99.9%), from €3,845 to €7,685
- Other operating charges +€987
up €987 (+39.7%), from €2,487 to €3,474
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,664 | €609,943 | +€2,279 | +0.4% |
| Fixed assets | 21/28 | €131,894 | €127,782 | -€4,112 | -3.1% |
| Tangible fixed assets | 22/27 | €131,894 | €127,782 | -€4,112 | -3.1% |
| Land and buildings | 22 | €128,102 | €126,083 | -€2,019 | -1.6% |
| Furniture and vehicles | 24 | €1,544 | €947 | -€597 | -38.7% |
| Other tangible fixed assets | 26 | €2,248 | €752 | -€1,496 | -66.6% |
| Current assets | 29/58 | €475,770 | €482,162 | +€6,392 | +1.3% |
| Amounts receivable within one year | 40/41 | €7,609 | €17,163 | +€9,554 | +126% |
| Trade receivables | 40 | €6,443 | €12,930 | +€6,487 | +101% |
| Other amounts receivable | 41 | €1,166 | €4,233 | +€3,067 | +263% |
| Current investments | 50/53 | €212,234 | €422,121 | +€209,887 | +98.9% |
| Cash at bank and in hand | 54/58 | €245,052 | €42,877 | -€202,175 | -82.5% |
| Deferred charges and accrued income | 490/1 | €10,875 | €0 | -€10,875 | -100% |
| Total equity and liabilities | 10/49 | €607,664 | €609,943 | +€2,279 | +0.4% |
| Equity | 10/15 | €375,672 | €379,238 | +€3,566 | +0.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €147,926 | €151,492 | +€3,566 | +2.4% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €135,426 | €138,992 | +€3,566 | +2.6% |
| Profit (loss) carried forward | 14 | €102,746 | €102,746 | -€0 | 0.0% |
| Amounts payable | 17/49 | €231,992 | €230,705 | -€1,287 | -0.6% |
| Amounts payable after more than one year | 17 | €111,483 | €111,483 | +€0 | 0.0% |
| Financial debts | 170/4 | €111,483 | €111,483 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €107,874 | €119,222 | +€11,348 | +10.5% |
| Trade debts | 44 | €4,253 | €2,047 | -€2,206 | -51.9% |
| Suppliers | 440/4 | €4,253 | €2,047 | -€2,206 | -51.9% |
| Taxes, remuneration and social security | 45 | €12,394 | €15,734 | +€3,340 | +27.0% |
| Taxes | 450/3 | €12,394 | €15,734 | +€3,340 | +27.0% |
| Other amounts payable | 47/48 | €91,227 | €101,441 | +€10,214 | +11.2% |
| Accrued charges and deferred income | 492/3 | €12,635 | €0 | -€12,635 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,210 | €11,333 | +€123 | +1.1% |
| Other operating charges | 640/8 | €2,487 | €3,474 | +€987 | +39.7% |
| Non-recurring operating charges | 66A | €621 | €0 | -€621 | -100% |
| Gross operating margin | 9900 | €55,853 | €27,424 | -€28,429 | -50.9% |
| Operating profit (loss) | 9901 | €41,535 | €12,617 | -€28,918 | -69.6% |
| Financial income | 75/76B | €9,657 | €1,416 | -€8,241 | -85.3% |
| Recurring financial income | 75 | €9,657 | €1,416 | -€8,241 | -85.3% |
| Financial charges | 65/66B | €3,845 | €7,685 | +€3,840 | +99.9% |
| Recurring financial charges | 65 | €3,845 | €7,685 | +€3,840 | +99.9% |
| Profit (loss) for the period before taxes | 9903 | €47,347 | €6,347 | -€41,000 | -86.6% |
| Income taxes | 67/77 | €13,532 | €2,781 | -€10,751 | -79.5% |
| Profit (loss) for the period | 9904 | €33,815 | €3,566 | -€30,249 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,815 | €3,566 | -€30,249 | -89.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.