I.Q. TRADE & CONSULT: what changed
I.Q. TRADE & CONSULT
Largest movements
- Cash +€12,831
up €12,831 (+575%), from €2,232 to €15,063
mainly Depreciation (+€11,831) and Net result for the year (+€8,735)
- Tangible fixed assets -€11,831
down €11,831 (-24.8%), from €47,645 to €35,814
of which Furniture and vehicles: -€11,240
- Receivables within one year +€8,851
up €8,851 (+60.8%), from €14,559 to €23,410
of which Trade receivables: +€8,992
- Debts after one year -€8,825
down €8,825 (-27.8%), from €31,778 to €22,953
- Profit (loss) carried forward +€8,735
up €8,735 (+34.5%), from -€25,281 to -€16,547
- Tax, wage and social debts +€8,146
up €8,146 (+111%), from €7,331 to €15,478
of which Taxes: +€7,908
- Trade debts +€1,284
up €1,284 (+59.0%), from €2,178 to €3,462
- Gross operating margin +€13,910
up €13,910 (+34.6%), from €40,250 to €54,159
- Depreciation +€2,531
up €2,531 (+27.2%), from €9,301 to €11,831
- Staff costs +€1,343
up €1,343 (+4.5%), from €29,976 to €31,319
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,940 | €74,650 | +€9,710 | +15.0% |
| Fixed assets | 21/28 | €48,008 | €36,177 | -€11,831 | -24.6% |
| Tangible fixed assets | 22/27 | €47,645 | €35,814 | -€11,831 | -24.8% |
| Furniture and vehicles | 24 | €44,901 | €33,661 | -€11,240 | -25.0% |
| Other tangible fixed assets | 26 | €2,744 | €2,153 | -€591 | -21.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €16,932 | €38,473 | +€21,541 | +127% |
| Amounts receivable within one year | 40/41 | €14,559 | €23,410 | +€8,851 | +60.8% |
| Trade receivables | 40 | €7,222 | €16,214 | +€8,992 | +125% |
| Other amounts receivable | 41 | €7,338 | €7,196 | -€142 | -1.9% |
| Cash at bank and in hand | 54/58 | €2,232 | €15,063 | +€12,831 | +575% |
| Deferred charges and accrued income | 490/1 | €140 | - | -€140 | |
| Total equity and liabilities | 10/49 | €64,940 | €74,650 | +€9,710 | +15.0% |
| Equity | 10/15 | €15,198 | €23,933 | +€8,735 | +57.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,080 | €28,080 | = | 0.0% |
| Distributable reserves | 133 | €28,080 | €28,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,281 | -€16,547 | +€8,735 | +34.5% |
| Amounts payable | 17/49 | €49,742 | €50,717 | +€975 | +2.0% |
| Amounts payable after more than one year | 17 | €31,778 | €22,953 | -€8,825 | -27.8% |
| Financial debts | 170/4 | €31,778 | €22,953 | -€8,825 | -27.8% |
| Amounts payable within one year | 42/48 | €17,964 | €27,764 | +€9,800 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €8,455 | €8,825 | +€370 | +4.4% |
| Trade debts | 44 | €2,178 | €3,462 | +€1,284 | +59.0% |
| Suppliers | 440/4 | €2,178 | €3,462 | +€1,284 | +59.0% |
| Taxes, remuneration and social security | 45 | €7,331 | €15,478 | +€8,146 | +111% |
| Taxes | 450/3 | €49 | €7,957 | +€7,908 | +16,159% |
| Remuneration and social security | 454/9 | €7,282 | €7,520 | +€238 | +3.3% |
| Remuneration, social security and pensions | 62 | €29,976 | €31,319 | +€1,343 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,301 | €11,831 | +€2,531 | +27.2% |
| Other operating charges | 640/8 | €480 | €440 | -€40 | -8.4% |
| Gross operating margin | 9900 | €40,250 | €54,159 | +€13,910 | +34.6% |
| Operating profit (loss) | 9901 | €493 | €10,569 | +€10,076 | +2,046% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,542 | €1,769 | +€227 | +14.8% |
| Recurring financial charges | 65 | €1,542 | €1,769 | +€227 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,049 | €8,809 | +€9,859 | |
| Income taxes | 67/77 | €49 | €75 | +€26 | +52.9% |
| Profit (loss) for the period | 9904 | -€1,098 | €8,735 | +€9,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,098 | €8,735 | +€9,833 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.