LW 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.
LW Consultancy
Largest movements
- Tangible fixed assets +€13,701
up €13,701 (+306%), from €4,475 to €18,176
of which Furniture and vehicles: +€14,246
- Cash -€3,962
down €3,962 (-35.1%), from €11,286 to €7,323
mainly Contributions, distributions and other (-€40,000) and Debts after one year (-€24,000)
- Receivables within one year +€3,492
new in 2025: €3,492
of which Trade receivables: +€3,000
- Reserves +€27,358
up €27,358 (+82.0%), from €33,354 to €60,712
- Debts after one year -€24,000
down €24,000 (-33.3%), from €72,000 to €48,000
- Tax, wage and social debts +€5,447
up €5,447 (+329%), from €1,653 to €7,100
- Other debts +€5,153
up €5,153 (+247%), from €2,084 to €7,237
- Gross operating margin +€28,498
up €28,498 (+70.1%), from €40,659 to €69,156
- Financial income +€19,999
up €19,999 (+2,499,918%), from €1 to €20,000
- Taxes +€5,264
up €5,264 (+49.0%), from €10,744 to €16,008
- Depreciation +€1,921
up €1,921 (+139%), from €1,378 to €3,299
- Financial charges -€727
down €727 (-30.2%), from €2,404 to €1,677
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 | €135,952 | €149,828 | +€13,877 | +10.2% |
| Fixed assets | 21/28 | €124,475 | €138,176 | +€13,701 | +11.0% |
| Tangible fixed assets | 22/27 | €4,475 | €18,176 | +€13,701 | +306% |
| Furniture and vehicles | 24 | €1,853 | €16,099 | +€14,246 | +769% |
| Other tangible fixed assets | 26 | €2,622 | €2,077 | -€545 | -20.8% |
| Financial fixed assets | 28 | €120,000 | €120,000 | = | 0.0% |
| Current assets | 29/58 | €11,477 | €11,653 | +€175 | +1.5% |
| Amounts receivable within one year | 40/41 | - | €3,492 | +€3,492 | |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | - | €492 | +€492 | |
| Cash at bank and in hand | 54/58 | €11,286 | €7,323 | -€3,962 | -35.1% |
| Deferred charges and accrued income | 490/1 | €191 | €837 | +€646 | +337% |
| Total equity and liabilities | 10/49 | €135,952 | €149,828 | +€13,877 | +10.2% |
| Equity | 10/15 | €35,354 | €62,712 | +€27,358 | +77.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,354 | €60,712 | +€27,358 | +82.0% |
| Distributable reserves | 133 | €33,354 | €60,712 | +€27,358 | +82.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €100,597 | €87,116 | -€13,481 | -13.4% |
| Amounts payable after more than one year | 17 | €72,000 | €48,000 | -€24,000 | -33.3% |
| Financial debts | 170/4 | €72,000 | €48,000 | -€24,000 | -33.3% |
| Amounts payable within one year | 42/48 | €28,597 | €39,116 | +€10,519 | +36.8% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | €24,000 | = | 0.0% |
| Trade debts | 44 | €860 | €779 | -€81 | -9.4% |
| Suppliers | 440/4 | €860 | €779 | -€81 | -9.4% |
| Taxes, remuneration and social security | 45 | €1,653 | €7,100 | +€5,447 | +329% |
| Taxes | 450/3 | €1,653 | €7,100 | +€5,447 | +329% |
| Other amounts payable | 47/48 | €2,084 | €7,237 | +€5,153 | +247% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,378 | €3,299 | +€1,921 | +139% |
| Other operating charges | 640/8 | €750 | €815 | +€65 | +8.7% |
| Gross operating margin | 9900 | €40,659 | €69,156 | +€28,498 | +70.1% |
| Operating profit (loss) | 9901 | €38,531 | €65,043 | +€26,512 | +68.8% |
| Financial income | 75/76B | €1 | €20,000 | +€19,999 | +2,499,918% |
| Recurring financial income | 75 | €1 | €20,000 | +€19,999 | +2,499,918% |
| Financial charges | 65/66B | €2,404 | €1,677 | -€727 | -30.2% |
| Recurring financial charges | 65 | €2,404 | €1,677 | -€727 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €36,128 | €83,366 | +€47,238 | +131% |
| Income taxes | 67/77 | €10,744 | €16,008 | +€5,264 | +49.0% |
| Profit (loss) for the period | 9904 | €25,384 | €67,358 | +€41,974 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €25,384 | €67,358 | +€41,974 | +165% |
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 20 October 2026 via checked.be.