LYS CONSEIL: 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.
What changed
LYS CONSEIL
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €1.6m+€362,098
Equity
€8.8m
2024 · €6.8m+€2.0m
Cash
-
2024 · €0
Balance sheet total
€16.4m
2024 · €12.5m+€3.9m
Largest movements
Assets
- Tangible fixed assets +€2.9m
up €2.9m (+73.9%), from €3.9m to €6.8m
of which Land and buildings: +€3.2m
- Receivables within one year +€971,352
up €971,352 (+14.2%), from €6.9m to €7.8m
of which Trade receivables: +€1.1m
Equity and liabilities
- Trade debts +€2.2m
up €2.2m (+680%), from €326,769 to €2.5m
- Reserves +€2.0m
up €2.0m (+53.4%), from €3.7m to €5.7m
- Short-term financial debts -€1.5m
down €1.5m (-94.6%), from €1.6m to €85,966
- Debts after one year +€1.3m
up €1.3m (+185%), from €679,235 to €1.9m
- Tax, wage and social debts -€433,063
down €433,063 (-21.6%), from €2.0m to €1.6m
of which Taxes: -€434,638
Income statement
- Gross operating margin +€232,318
up €232,318 (+7.6%), from €3.1m to €3.3m
- Write-downs -€172,916
no longer reported in 2025 (was €172,916)
- Taxes +€75,170
up €75,170 (+11.0%), from €681,144 to €756,315
- Financial income +€60,000
up €60,000 (+300%), from €20,000 to €80,000
- Depreciation +€47,671
up €47,671 (+12.4%), from €385,918 to €433,589
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.
Result 2024
€1.6m
Gross operating margin
+€232,318
Staff costs
+€667
Depreciation
-€47,671
Write-downs
+€172,916
Other operating charges
+€20,139
Other operating items
-€936
Financial income
+€60,000
Financial charges
-€165
Taxes
-€75,170
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.4m
Investment
-€3.3m
Financing
-€31,635
Cash 2024
€0
From operations (derived)
+€3.4m
Net result for the year
+€2.0m
Depreciation
+€433,589
Receivables within one year
-€971,352
Deferred charges and accrued income
-€54,401
Trade debts
+€2.2m
Tax, wage and social debts
-€433,063
Other debts
+€181,880
Accrued charges and deferred income
+€2,746
Investment (derived)
-€3.3m
Investment in fixed assets (net)
-€3.3m
Financing
-€31,635
Debts after one year
+€1.3m
Current portion of long-term debt
+€211,547
Short-term financial debts
-€1.5m
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,457,054 | €16,386,182 | +€3.9m | +31.5% |
| Fixed assets | 21/28 | €5,576,920 | €8,480,295 | +€2.9m | +52.1% |
| Tangible fixed assets | 22/27 | €3,929,506 | €6,832,113 | +€2.9m | +73.9% |
| Land and buildings | 22 | €2,615,971 | €5,796,611 | +€3.2m | +122% |
| Plant, machinery and equipment | 23 | €370,286 | €147,541 | -€222,745 | -60.2% |
| Furniture and vehicles | 24 | €191,275 | €130,033 | -€61,242 | -32.0% |
| Other tangible fixed assets | 26 | €736,973 | €722,928 | -€14,046 | -1.9% |
| Assets under construction and advance payments | 27 | €15,000 | €35,000 | +€20,000 | +133% |
| Financial fixed assets | 28 | €1,647,414 | €1,648,182 | +€768 | 0.0% |
| Current assets | 29/58 | €6,880,134 | €7,905,887 | +€1.0m | +14.9% |
| Amounts receivable within one year | 40/41 | €6,853,671 | €7,825,023 | +€971,352 | +14.2% |
| Trade receivables | 40 | €781,812 | €1,860,792 | +€1.1m | +138% |
| Other amounts receivable | 41 | €6,071,859 | €5,964,232 | -€107,627 | -1.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €26,463 | €80,864 | +€54,401 | +206% |
| Total equity and liabilities | 10/49 | €12,457,054 | €16,386,182 | +€3.9m | +31.5% |
| Equity | 10/15 | €6,793,823 | €8,779,876 | +€2.0m | +29.2% |
| Contributions | 10/11 | €3,078,600 | €3,078,600 | = | 0.0% |
| Reserves | 13 | €3,715,000 | €5,700,000 | +€2.0m | +53.4% |
| Distributable reserves | 133 | €3,715,000 | €5,700,000 | +€2.0m | +53.4% |
| Profit (loss) carried forward | 14 | €223 | €1,276 | +€1,052 | +471% |
| Amounts payable | 17/49 | €5,663,231 | €7,606,307 | +€1.9m | +34.3% |
| Amounts payable after more than one year | 17 | €679,235 | €1,938,619 | +€1.3m | +185% |
| Financial debts | 170/4 | €679,235 | €1,938,619 | +€1.3m | +185% |
| Amounts payable within one year | 42/48 | €4,103,903 | €4,784,849 | +€680,946 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €75,825 | €287,372 | +€211,547 | +279% |
| Financial debts | 43 | €1,588,532 | €85,966 | -€1.5m | -94.6% |
| Credit institutions | 430/8 | €1,588,532 | €85,966 | -€1.5m | -94.6% |
| Trade debts | 44 | €326,769 | €2,549,917 | +€2.2m | +680% |
| Suppliers | 440/4 | €326,769 | €2,549,917 | +€2.2m | +680% |
| Taxes, remuneration and social security | 45 | €2,009,373 | €1,576,310 | -€433,063 | -21.6% |
| Taxes | 450/3 | €2,005,606 | €1,570,968 | -€434,638 | -21.7% |
| Remuneration and social security | 454/9 | €3,767 | €5,342 | +€1,575 | +41.8% |
| Other amounts payable | 47/48 | €103,405 | €285,285 | +€181,880 | +176% |
| Accrued charges and deferred income | 492/3 | €880,093 | €882,838 | +€2,746 | +0.3% |
| Remuneration, social security and pensions | 62 | €50,061 | €49,394 | -€667 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385,918 | €433,589 | +€47,671 | +12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €172,916 | - | -€172,916 | |
| Other operating charges | 640/8 | €61,689 | €41,550 | -€20,139 | -32.6% |
| Non-recurring operating charges | 66A | - | €936 | +€936 | |
| Gross operating margin | 9900 | €3,071,075 | €3,303,393 | +€232,318 | +7.6% |
| Operating profit (loss) | 9901 | €2,400,490 | €2,777,923 | +€377,433 | +15.7% |
| Financial income | 75/76B | €20,000 | €80,000 | +€60,000 | +300% |
| Recurring financial income | 75 | €20,000 | €80,000 | +€60,000 | +300% |
| Financial charges | 65/66B | €115,391 | €115,556 | +€165 | +0.1% |
| Recurring financial charges | 65 | €115,391 | €115,556 | +€165 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €2,305,098 | €2,742,367 | +€437,269 | +19.0% |
| Income taxes | 67/77 | €681,144 | €756,315 | +€75,170 | +11.0% |
| Profit (loss) for the period | 9904 | €1,623,954 | €1,986,052 | +€362,098 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,623,954 | €1,986,052 | +€362,098 | +22.3% |
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 17 October 2026 via checked.be.