LVT 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.
LVT Consulting
Largest movements
- Cash -€21,905
down €21,905 (-98.0%), from €22,348 to €442
mainly Debts after one year (-€24,083) and Trade debts (-€12,737)
- Tangible fixed assets -€13,972
down €13,972 (-23.4%), from €59,695 to €45,723
- Debts after one year -€24,083
down €24,083 (-42.9%), from €56,085 to €32,002
- Trade debts -€12,737
down €12,737 (-95.7%), from €13,309 to €573
- Current portion of long-term debt +€11,758
new in 2025: €11,758
- Tax, wage and social debts -€6,539
down €6,539 (-68.8%), from €9,509 to €2,971
of which Remuneration and social security: -€8,700
- Other debts -€5,848
down €5,848 (-76.3%), from €7,665 to €1,817
- Gross operating margin +€4,218
up €4,218 (+28.3%), from €14,903 to €19,121
- Depreciation +€2,178
up €2,178 (+17.9%), from €12,161 to €14,339
- Financial charges +€240
up €240 (+11.7%), from €2,048 to €2,288
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 | €87,555 | €50,796 | -€36,759 | -42.0% |
| Fixed assets | 21/28 | €59,695 | €45,723 | -€13,972 | -23.4% |
| Tangible fixed assets | 22/27 | €59,695 | €45,723 | -€13,972 | -23.4% |
| Furniture and vehicles | 24 | €59,695 | €45,723 | -€13,972 | -23.4% |
| Current assets | 29/58 | €27,860 | €5,073 | -€22,786 | -81.8% |
| Amounts receivable within one year | 40/41 | €5,389 | €4,587 | -€802 | -14.9% |
| Trade receivables | 40 | €5,389 | €772 | -€4,617 | -85.7% |
| Other amounts receivable | 41 | - | €3,815 | +€3,815 | |
| Cash at bank and in hand | 54/58 | €22,348 | €442 | -€21,905 | -98.0% |
| Deferred charges and accrued income | 490/1 | €123 | €44 | -€79 | -64.3% |
| Total equity and liabilities | 10/49 | €87,555 | €50,796 | -€36,759 | -42.0% |
| Equity | 10/15 | €986 | €1,676 | +€690 | +69.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€514 | €176 | +€690 | |
| Amounts payable | 17/49 | €86,568 | €49,120 | -€37,448 | -43.3% |
| Amounts payable after more than one year | 17 | €56,085 | €32,002 | -€24,083 | -42.9% |
| Financial debts | 170/4 | €56,085 | €32,002 | -€24,083 | -42.9% |
| Amounts payable within one year | 42/48 | €30,484 | €17,118 | -€13,366 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,758 | +€11,758 | |
| Trade debts | 44 | €13,309 | €573 | -€12,737 | -95.7% |
| Suppliers | 440/4 | €13,309 | €573 | -€12,737 | -95.7% |
| Taxes, remuneration and social security | 45 | €9,509 | €2,971 | -€6,539 | -68.8% |
| Taxes | 450/3 | €809 | €2,971 | +€2,161 | +267% |
| Remuneration and social security | 454/9 | €8,700 | - | -€8,700 | |
| Other amounts payable | 47/48 | €7,665 | €1,817 | -€5,848 | -76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,161 | €14,339 | +€2,178 | +17.9% |
| Other operating charges | 640/8 | €156 | €305 | +€149 | +95.6% |
| Non-recurring operating charges | 66A | €242 | €941 | +€699 | +289% |
| Gross operating margin | 9900 | €14,903 | €19,121 | +€4,218 | +28.3% |
| Operating profit (loss) | 9901 | €2,344 | €3,536 | +€1,192 | +50.8% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €2,048 | €2,288 | +€240 | +11.7% |
| Recurring financial charges | 65 | €2,048 | €2,288 | +€240 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €296 | €1,351 | +€1,055 | +357% |
| Income taxes | 67/77 | €809 | €661 | -€148 | -18.3% |
| Profit (loss) for the period | 9904 | -€514 | €690 | +€1,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€514 | €690 | +€1,203 |
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 26 October 2026 via checked.be.