LVW 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.
LVW Consulting
Largest movements
- Receivables within one year -€34,251
down €34,251 (-68.2%), from €50,201 to €15,950
of which Other amounts receivable: -€29,574
- Cash -€33,440
down €33,440 (-24.6%), from €135,996 to €102,556
mainly Contributions, distributions and other (-€223,529) and Tax, wage and social debts (-€8,930)
- Receivables after one year -€22,046
no longer reported in 2025 (was €22,046)
- Profit (loss) carried forward -€139,822
down €139,822 (-86.6%), from €161,390 to €21,568
- Other debts +€57,232
up €57,232 (+572%), from €10,000 to €67,232
- Tax, wage and social debts -€8,930
down €8,930 (-24.8%), from €36,030 to €27,100
of which Taxes: -€7,712
- Gross operating margin -€15,784
down €15,784 (-12.7%), from €123,804 to €108,019
- Taxes -€3,155
down €3,155 (-11.9%), from €26,511 to €23,355
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 | €211,182 | €119,490 | -€91,693 | -43.4% |
| Fixed assets | 21/28 | €257 | - | -€257 | |
| Tangible fixed assets | 22/27 | €257 | - | -€257 | |
| Furniture and vehicles | 24 | €257 | - | -€257 | |
| Current assets | 29/58 | €210,925 | €119,490 | -€91,435 | -43.3% |
| Amounts receivable after more than one year | 29 | €22,046 | - | -€22,046 | |
| Other amounts receivable | 291 | €22,046 | - | -€22,046 | |
| Amounts receivable within one year | 40/41 | €50,201 | €15,950 | -€34,251 | -68.2% |
| Trade receivables | 40 | €20,627 | €15,950 | -€4,677 | -22.7% |
| Other amounts receivable | 41 | €29,574 | - | -€29,574 | |
| Cash at bank and in hand | 54/58 | €135,996 | €102,556 | -€33,440 | -24.6% |
| Deferred charges and accrued income | 490/1 | €2,682 | €984 | -€1,698 | -63.3% |
| Total equity and liabilities | 10/49 | €211,182 | €119,490 | -€91,693 | -43.4% |
| Equity | 10/15 | €164,390 | €24,568 | -€139,822 | -85.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,390 | €21,568 | -€139,822 | -86.6% |
| Amounts payable | 17/49 | €46,793 | €94,922 | +€48,129 | +103% |
| Amounts payable within one year | 42/48 | €46,793 | €94,922 | +€48,129 | +103% |
| Trade debts | 44 | €763 | €589 | -€173 | -22.7% |
| Suppliers | 440/4 | €763 | €589 | -€173 | -22.7% |
| Taxes, remuneration and social security | 45 | €36,030 | €27,100 | -€8,930 | -24.8% |
| Taxes | 450/3 | €34,813 | €27,100 | -€7,712 | -22.2% |
| Remuneration and social security | 454/9 | €1,217 | - | -€1,217 | |
| Other amounts payable | 47/48 | €10,000 | €67,232 | +€57,232 | +572% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359 | €257 | -€102 | -28.4% |
| Other operating charges | 640/8 | - | €1,128 | +€1,128 | |
| Gross operating margin | 9900 | €123,804 | €108,019 | -€15,784 | -12.7% |
| Operating profit (loss) | 9901 | €123,444 | €106,634 | -€16,811 | -13.6% |
| Financial income | 75/76B | €1,946 | €1,439 | -€507 | -26.0% |
| Recurring financial income | 75 | €1,946 | €1,439 | -€507 | -26.0% |
| Financial charges | 65/66B | €673 | €1,010 | +€337 | +50.0% |
| Recurring financial charges | 65 | €673 | €1,010 | +€337 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €124,717 | €107,063 | -€17,654 | -14.2% |
| Income taxes | 67/77 | €26,511 | €23,355 | -€3,155 | -11.9% |
| Profit (loss) for the period | 9904 | €98,206 | €83,708 | -€14,498 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,206 | €83,708 | -€14,498 | -14.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.