I-NOW: 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
I-NOW
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€47,293
2024 · €68,169-€20,876
Equity
€958,566
2024 · €911,273+€47,293
Cash
€2,327
2024 · €183+€2,144
Balance sheet total
€1.2m
2024 · €1.1m+€23,327
Largest movements
Assets
- Receivables within one year +€19,532
up €19,532 (+88.4%), from €22,087 to €41,619
of which Other amounts receivable: +€16,534
Equity and liabilities
- Debts after one year -€59,147
down €59,147 (-51.7%), from €114,455 to €55,309
- Reserves +€47,293
up €47,293 (+13.6%), from €348,873 to €396,166
of which Distributable reserves: +€47,293
- Other debts +€20,607
up €20,607 (+92.9%), from €22,186 to €42,793
Income statement
- Gross operating margin -€28,549
down €28,549 (-29.9%), from €95,391 to €66,842
- Taxes -€5,158
down €5,158 (-29.7%), from €17,351 to €12,193
- Financial charges -€1,809
down €1,809 (-23.6%), from €7,653 to €5,844
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
€68,169
Gross operating margin
-€28,549
Staff costs
-€6
Depreciation
+€23
Other operating charges
+€682
Financial income
+€8
Financial charges
+€1,809
Taxes
+€5,158
Result 2025
€47,293
Cash bridge derived
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
+€58,036
Investment
-€445
Financing
-€55,447
Cash 2024
€183
From operations (derived)
+€58,036
Net result for the year
+€47,293
Depreciation
+€703
Receivables within one year
-€19,532
Deferred charges and accrued income
-€1,909
Trade debts
+€2,128
Tax, wage and social debts
+€8,680
Other debts
+€20,607
Accrued charges and deferred income
+€66
Investment (derived)
-€445
Investment in fixed assets (net)
-€445
Financing
-€55,447
Debts after one year
-€59,147
Current portion of long-term debt
+€1,216
Short-term financial debts
+€2,483
Cash 2025
€2,327
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,139,126 | €1,162,453 | +€23,327 | +2.0% |
| Fixed assets | 21/28 | €1,107,365 | €1,107,106 | -€258 | 0.0% |
| Tangible fixed assets | 22/27 | €7,281 | €7,023 | -€258 | -3.5% |
| Furniture and vehicles | 24 | €0 | €433 | +€433 | |
| Other tangible fixed assets | 26 | €7,281 | €6,589 | -€692 | -9.5% |
| Financial fixed assets | 28 | €1,100,084 | €1,100,084 | = | 0.0% |
| Current assets | 29/58 | €31,761 | €55,346 | +€23,585 | +74.3% |
| Amounts receivable after more than one year | 29 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 291 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,087 | €41,619 | +€19,532 | +88.4% |
| Trade receivables | 40 | €1 | €3,000 | +€2,999 | +249900.0% |
| Other amounts receivable | 41 | €22,086 | €38,619 | +€16,534 | +74.9% |
| Cash at bank and in hand | 54/58 | €183 | €2,327 | +€2,144 | +1168.3% |
| Deferred charges and accrued income | 490/1 | €491 | €2,400 | +€1,909 | +389.0% |
| Total equity and liabilities | 10/49 | €1,139,126 | €1,162,453 | +€23,327 | +2.0% |
| Equity | 10/15 | €911,273 | €958,566 | +€47,293 | +5.2% |
| Contributions | 10/11 | €562,400 | €562,400 | = | 0.0% |
| Reserves | 13 | €348,873 | €396,166 | +€47,293 | +13.6% |
| Non-distributable reserves | 130/1 | €4,478 | €4,478 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,478 | €4,478 | = | 0.0% |
| Distributable reserves | 133 | €344,395 | €391,687 | +€47,293 | +13.7% |
| Amounts payable | 17/49 | €227,853 | €203,887 | -€23,966 | -10.5% |
| Amounts payable after more than one year | 17 | €114,455 | €55,309 | -€59,147 | -51.7% |
| Financial debts | 170/4 | €114,455 | €55,309 | -€59,147 | -51.7% |
| Amounts payable within one year | 42/48 | €113,230 | €148,344 | +€35,114 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €57,930 | €59,147 | +€1,216 | +2.1% |
| Financial debts | 43 | €10,410 | €12,893 | +€2,483 | +23.9% |
| Credit institutions | 430/8 | €10,410 | €12,893 | +€2,483 | +23.9% |
| Trade debts | 44 | €1,219 | €3,347 | +€2,128 | +174.6% |
| Suppliers | 440/4 | €1,219 | €3,347 | +€2,128 | +174.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,485 | €30,164 | +€8,680 | +40.4% |
| Taxes | 450/3 | €16,780 | €30,164 | +€13,385 | +79.8% |
| Remuneration and social security | 454/9 | €4,705 | €0 | -€4,705 | -100.0% |
| Other amounts payable | 47/48 | €22,186 | €42,793 | +€20,607 | +92.9% |
| Accrued charges and deferred income | 492/3 | €168 | €234 | +€66 | +39.6% |
| Remuneration, social security and pensions | 62 | €314 | €320 | +€6 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726 | €703 | -€23 | -3.1% |
| Other operating charges | 640/8 | €1,928 | €1,246 | -€682 | -35.4% |
| Gross operating margin | 9900 | €95,391 | €66,842 | -€28,549 | -29.9% |
| Operating profit (loss) | 9901 | €92,424 | €64,573 | -€27,851 | -30.1% |
| Financial income | 75/76B | €749 | €757 | +€8 | +1.1% |
| Recurring financial income | 75 | €749 | €757 | +€8 | +1.1% |
| Financial charges | 65/66B | €7,653 | €5,844 | -€1,809 | -23.6% |
| Recurring financial charges | 65 | €7,653 | €5,844 | -€1,809 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €85,520 | €59,486 | -€26,034 | -30.4% |
| Income taxes | 67/77 | €17,351 | €12,193 | -€5,158 | -29.7% |
| Profit (loss) for the period | 9904 | €68,169 | €47,293 | -€20,876 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,169 | €47,293 | -€20,876 | -30.6% |
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 9 October 2026 via checked.be.