LVQ Consultancy: 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.
LVQ Consultancy
Largest movements
- Cash +€98,000
up €98,000 (+433.5%), from €22,609 to €120,609
mainly Net result for the year (+€79,636) and Tax, wage and social debts (+€23,998)
- Receivables within one year +€17,395
new in 2025: €17,395
of which Trade receivables: +€16,018
- Deferred charges and accrued income -€12,294
down €12,294 (-99.5%), from €12,351 to €57
- Profit (loss) carried forward +€79,636
up €79,636 (+432.8%), from €18,401 to €98,037
- Tax, wage and social debts +€23,998
up €23,998 (+214.4%), from €11,193 to €35,191
of which Taxes: +€26,198
- Gross operating margin +€74,851
up €74,851 (+290.3%), from €25,781 to €100,632
- Taxes +€15,589
up €15,589 (+331.9%), from €4,697 to €20,286
- Depreciation -€2,110
down €2,110 (-78.7%), from €2,683 to €572
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 | €36,545 | €139,075 | +€102,529 | +280.6% |
| Fixed assets | 21/28 | €1,586 | €1,013 | -€572 | -36.1% |
| Tangible fixed assets | 22/27 | €1,586 | €1,013 | -€572 | -36.1% |
| Furniture and vehicles | 24 | €1,586 | €1,013 | -€572 | -36.1% |
| Current assets | 29/58 | €34,960 | €138,061 | +€103,102 | +294.9% |
| Amounts receivable within one year | 40/41 | - | €17,395 | +€17,395 | |
| Trade receivables | 40 | - | €16,018 | +€16,018 | |
| Other amounts receivable | 41 | - | €1,377 | +€1,377 | |
| Cash at bank and in hand | 54/58 | €22,609 | €120,609 | +€98,000 | +433.5% |
| Deferred charges and accrued income | 490/1 | €12,351 | €57 | -€12,294 | -99.5% |
| Total equity and liabilities | 10/49 | €36,545 | €139,075 | +€102,529 | +280.6% |
| Equity | 10/15 | €23,401 | €103,037 | +€79,636 | +340.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,401 | €98,037 | +€79,636 | +432.8% |
| Amounts payable | 17/49 | €13,144 | €36,038 | +€22,894 | +174.2% |
| Amounts payable within one year | 42/48 | €12,984 | €36,038 | +€23,054 | +177.6% |
| Trade debts | 44 | €1,134 | €847 | -€288 | -25.4% |
| Suppliers | 440/4 | €1,134 | €847 | -€288 | -25.4% |
| Taxes, remuneration and social security | 45 | €11,193 | €35,191 | +€23,998 | +214.4% |
| Taxes | 450/3 | €8,993 | €35,191 | +€26,198 | +291.3% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100.0% |
| Other amounts payable | 47/48 | €657 | €0 | -€657 | -100.0% |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,683 | €572 | -€2,110 | -78.7% |
| Gross operating margin | 9900 | €25,781 | €100,632 | +€74,851 | +290.3% |
| Operating profit (loss) | 9901 | €23,098 | €100,060 | +€76,962 | +333.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €141 | +€141 | |
| Recurring financial charges | 65 | - | €141 | +€141 | |
| Profit (loss) for the period before taxes | 9903 | €23,098 | €99,922 | +€76,824 | +332.6% |
| Income taxes | 67/77 | €4,697 | €20,286 | +€15,589 | +331.9% |
| Profit (loss) for the period | 9904 | €18,401 | €79,636 | +€61,234 | +332.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,401 | €79,636 | +€61,234 | +332.8% |
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.