I & P 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.
I & P CONSULTING
Largest movements
- Cash +€992,008
up €992,008 (+687%), from €144,325 to €1.1m
mainly Receivables within one year (+€714,160) and Investment in fixed assets (net) (+€270,701)
- Receivables within one year -€714,160
down €714,160 (-44.2%), from €1.6m to €902,324
of which Trade receivables: -€817,601
- Tangible fixed assets -€401,810
down €401,810 (-14.8%), from €2.7m to €2.3m
of which Land and buildings: -€327,667
- Receivables after one year +€93,570
up €93,570 (+11.5%), from €810,603 to €904,173
of which Other amounts receivable: +€63,300
- Debts after one year -€162,539
down €162,539 (-6.8%), from €2.4m to €2.2m
- Reserves +€98,085
up €98,085 (+3.2%), from €3.0m to €3.1m
- Gross operating margin +€93,728
up €93,728 (+39.9%), from €235,042 to €328,770
- Depreciation +€18,330
up €18,330 (+15.8%), from €116,080 to €134,410
- Taxes +€8,052
up €8,052 (+55.6%), from €14,483 to €22,535
- Financial charges +€5,677
up €5,677 (+8.9%), from €63,532 to €69,210
- Other operating charges -€3,525
down €3,525 (-42.9%), from €8,211 to €4,687
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 | €5,991,935 | €5,959,225 | -€32,710 | -0.5% |
| Fixed assets | 21/28 | €2,936,450 | €2,531,339 | -€405,110 | -13.8% |
| Tangible fixed assets | 22/27 | €2,713,310 | €2,311,499 | -€401,810 | -14.8% |
| Land and buildings | 22 | €1,962,296 | €1,634,629 | -€327,667 | -16.7% |
| Furniture and vehicles | 24 | €198,772 | €142,572 | -€56,200 | -28.3% |
| Other tangible fixed assets | 26 | €534,298 | €534,298 | = | 0.0% |
| Assets under construction and advance payments | 27 | €17,943 | - | -€17,943 | |
| Financial fixed assets | 28 | €223,140 | €219,840 | -€3,300 | -1.5% |
| Current assets | 29/58 | €3,055,486 | €3,427,886 | +€372,400 | +12.2% |
| Amounts receivable after more than one year | 29 | €810,603 | €904,173 | +€93,570 | +11.5% |
| Trade receivables | 290 | €161,390 | €191,660 | +€30,270 | +18.8% |
| Other amounts receivable | 291 | €649,213 | €712,513 | +€63,300 | +9.8% |
| Stocks and contracts in progress | 3 | €452,698 | €452,698 | = | 0.0% |
| Stocks | 30/36 | €452,698 | €452,698 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,616,484 | €902,324 | -€714,160 | -44.2% |
| Trade receivables | 40 | €1,298,327 | €480,725 | -€817,601 | -63.0% |
| Other amounts receivable | 41 | €318,157 | €421,599 | +€103,441 | +32.5% |
| Current investments | 50/53 | €29,257 | €29,366 | +€109 | +0.4% |
| Cash at bank and in hand | 54/58 | €144,325 | €1,136,333 | +€992,008 | +687% |
| Deferred charges and accrued income | 490/1 | €2,119 | €2,992 | +€873 | +41.2% |
| Total equity and liabilities | 10/49 | €5,991,935 | €5,959,225 | -€32,710 | -0.5% |
| Equity | 10/15 | €3,258,663 | €3,356,748 | +€98,085 | +3.0% |
| Contributions | 10/11 | €235,750 | €235,750 | = | 0.0% |
| Reserves | 13 | €3,022,913 | €3,120,998 | +€98,085 | +3.2% |
| Distributable reserves | 133 | €3,022,913 | €3,120,998 | +€98,085 | +3.2% |
| Amounts payable | 17/49 | €2,733,272 | €2,602,477 | -€130,795 | -4.8% |
| Amounts payable after more than one year | 17 | €2,377,996 | €2,215,457 | -€162,539 | -6.8% |
| Financial debts | 170/4 | €2,377,996 | €2,215,457 | -€162,539 | -6.8% |
| Amounts payable within one year | 42/48 | €321,789 | €327,710 | +€5,921 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €57,165 | €59,221 | +€2,057 | +3.6% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €22,852 | €8,528 | -€14,325 | -62.7% |
| Suppliers | 440/4 | €22,852 | €8,528 | -€14,325 | -62.7% |
| Taxes, remuneration and social security | 45 | €62,436 | €85,284 | +€22,847 | +36.6% |
| Taxes | 450/3 | €62,436 | €85,284 | +€22,847 | +36.6% |
| Other amounts payable | 47/48 | €29,335 | €24,677 | -€4,658 | -15.9% |
| Accrued charges and deferred income | 492/3 | €33,487 | €59,310 | +€25,823 | +77.1% |
| Non-recurring operating income | 76A | €2,420 | €92,509 | +€90,088 | +3,722% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,080 | €134,410 | +€18,330 | +15.8% |
| Other operating charges | 640/8 | €8,211 | €4,687 | -€3,525 | -42.9% |
| Gross operating margin | 9900 | €235,042 | €328,770 | +€93,728 | +39.9% |
| Operating profit (loss) | 9901 | €110,751 | €189,674 | +€78,923 | +71.3% |
| Financial income | 75/76B | €119 | €156 | +€37 | +30.7% |
| Recurring financial income | 75 | €119 | €156 | +€37 | +30.7% |
| Financial charges | 65/66B | €63,532 | €69,210 | +€5,677 | +8.9% |
| Recurring financial charges | 65 | €63,532 | €69,210 | +€5,677 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €47,337 | €120,620 | +€73,283 | +155% |
| Income taxes | 67/77 | €14,483 | €22,535 | +€8,052 | +55.6% |
| Profit (loss) for the period | 9904 | €32,855 | €98,085 | +€65,230 | +199% |
| Profit (loss) for the period to be appropriated | 9905 | €32,855 | €98,085 | +€65,230 | +199% |
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.