LW 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.
LW CONSULTING
Largest movements
- Tangible fixed assets +€26,590
up €26,590 (+24.7%), from €107,536 to €134,125
of which Land and buildings: +€25,000
- Cash +€8,173
up €8,173 (+603%), from €1,355 to €9,528
mainly Net result for the year (+€68,220) and Other debts (+€28,052)
- Receivables within one year +€3,812
up €3,812 (+11.4%), from €33,457 to €37,268
- Other debts +€28,052
up €28,052 (+36.3%), from €77,286 to €105,339
- Debts after one year +€6,534
up €6,534 (+139%), from €4,699 to €11,232
- Current portion of long-term debt +€2,791
up €2,791 (+41.2%), from €6,770 to €9,561
- Gross operating margin +€2,765
up €2,765 (+2.8%), from €97,528 to €100,293
- Other operating charges +€2,373
up €2,373 (+115%), from €2,064 to €4,436
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 | €142,347 | €181,311 | +€38,964 | +27.4% |
| Fixed assets | 21/28 | €107,536 | €134,125 | +€26,590 | +24.7% |
| Tangible fixed assets | 22/27 | €107,536 | €134,125 | +€26,590 | +24.7% |
| Land and buildings | 22 | - | €25,000 | +€25,000 | |
| Furniture and vehicles | 24 | €5,969 | €3,444 | -€2,525 | -42.3% |
| Other tangible fixed assets | 26 | €8,335 | €7,527 | -€808 | -9.7% |
| Assets under construction and advance payments | 27 | €93,232 | €98,155 | +€4,922 | +5.3% |
| Current assets | 29/58 | €34,811 | €47,186 | +€12,375 | +35.5% |
| Amounts receivable within one year | 40/41 | €33,457 | €37,268 | +€3,812 | +11.4% |
| Trade receivables | 40 | €33,457 | €37,268 | +€3,812 | +11.4% |
| Cash at bank and in hand | 54/58 | €1,355 | €9,528 | +€8,173 | +603% |
| Deferred charges and accrued income | 490/1 | - | €390 | +€390 | |
| Total equity and liabilities | 10/49 | €142,347 | €181,311 | +€38,964 | +27.4% |
| Equity | 10/15 | €20,496 | €20,466 | -€30 | -0.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36 | €6 | -€30 | -82.7% |
| Amounts payable | 17/49 | €121,851 | €160,845 | +€38,994 | +32.0% |
| Amounts payable after more than one year | 17 | €4,699 | €11,232 | +€6,534 | +139% |
| Financial debts | 170/4 | €4,699 | €11,232 | +€6,534 | +139% |
| Amounts payable within one year | 42/48 | €117,152 | €149,612 | +€32,460 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €6,770 | €9,561 | +€2,791 | +41.2% |
| Trade debts | 44 | €2,355 | €2,654 | +€300 | +12.7% |
| Suppliers | 440/4 | €2,355 | €2,654 | +€300 | +12.7% |
| Taxes, remuneration and social security | 45 | €30,742 | €32,059 | +€1,317 | +4.3% |
| Taxes | 450/3 | €30,742 | €32,059 | +€1,317 | +4.3% |
| Other amounts payable | 47/48 | €77,286 | €105,339 | +€28,052 | +36.3% |
| Non-recurring operating income | 76A | €14,994 | - | -€14,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,819 | €3,322 | -€497 | -13.0% |
| Other operating charges | 640/8 | €2,064 | €4,436 | +€2,373 | +115% |
| Non-recurring operating charges | 66A | €17 | €11 | -€6 | -35.6% |
| Gross operating margin | 9900 | €97,528 | €100,293 | +€2,765 | +2.8% |
| Operating profit (loss) | 9901 | €91,629 | €92,524 | +€895 | +1.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.7% |
| Financial charges | 65/66B | €3,531 | €3,792 | +€260 | +7.4% |
| Recurring financial charges | 65 | €3,531 | €3,792 | +€260 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €88,098 | €88,732 | +€634 | +0.7% |
| Income taxes | 67/77 | €20,086 | €20,512 | +€426 | +2.1% |
| Profit (loss) for the period | 9904 | €68,012 | €68,220 | +€208 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,012 | €68,220 | +€208 | +0.3% |
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 23 October 2026 via checked.be.