IBDW 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.
IBDW CONSULTING
Largest movements
- Cash -€76,281
down €76,281 (-23.0%), from €332,060 to €255,779
mainly Contributions, distributions and other (-€100,563) and Investment in fixed assets (net) (-€57,127)
- Tangible fixed assets +€47,384
up €47,384 (+476%), from €9,964 to €57,348
- Receivables within one year +€18,960
up €18,960 (+133%), from €14,309 to €33,269
of which Other amounts receivable: +€11,588
- Profit (loss) carried forward -€14,902
down €14,902 (-99.5%), from €14,974 to €72
- Reserves +€6,000
up €6,000 (+2.0%), from €300,000 to €306,000
- Taxes -€9,751
down €9,751 (-24.2%), from €40,358 to €30,607
- Financial income -€5,105
no longer reported in 2025 (was €5,105)
- Gross operating margin +€4,696
up €4,696 (+3.7%), from €128,568 to €133,264
- Depreciation +€4,093
up €4,093 (+72.4%), from €5,650 to €9,743
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 | €359,185 | €348,177 | -€11,008 | -3.1% |
| Fixed assets | 21/28 | €9,964 | €57,348 | +€47,384 | +476% |
| Tangible fixed assets | 22/27 | €9,964 | €57,348 | +€47,384 | +476% |
| Furniture and vehicles | 24 | €9,964 | €57,348 | +€47,384 | +476% |
| Current assets | 29/58 | €349,220 | €290,828 | -€58,392 | -16.7% |
| Amounts receivable within one year | 40/41 | €14,309 | €33,269 | +€18,960 | +133% |
| Trade receivables | 40 | €14,309 | €21,681 | +€7,372 | +51.5% |
| Other amounts receivable | 41 | - | €11,588 | +€11,588 | |
| Cash at bank and in hand | 54/58 | €332,060 | €255,779 | -€76,281 | -23.0% |
| Deferred charges and accrued income | 490/1 | €2,852 | €1,780 | -€1,072 | -37.6% |
| Total equity and liabilities | 10/49 | €359,185 | €348,177 | -€11,008 | -3.1% |
| Equity | 10/15 | €339,974 | €331,072 | -€8,902 | -2.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €300,000 | €306,000 | +€6,000 | +2.0% |
| Distributable reserves | 133 | €300,000 | €306,000 | +€6,000 | +2.0% |
| Profit (loss) carried forward | 14 | €14,974 | €72 | -€14,902 | -99.5% |
| Amounts payable | 17/49 | €19,211 | €17,105 | -€2,106 | -11.0% |
| Amounts payable within one year | 42/48 | €19,211 | €17,105 | -€2,106 | -11.0% |
| Trade debts | 44 | €1,372 | €251 | -€1,121 | -81.7% |
| Suppliers | 440/4 | €1,372 | €251 | -€1,121 | -81.7% |
| Taxes, remuneration and social security | 45 | €10,046 | €11,116 | +€1,070 | +10.7% |
| Taxes | 450/3 | €10,046 | €11,116 | +€1,070 | +10.7% |
| Other amounts payable | 47/48 | €7,793 | €5,738 | -€2,055 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,650 | €9,743 | +€4,093 | +72.4% |
| Other operating charges | 640/8 | €962 | €947 | -€15 | -1.5% |
| Gross operating margin | 9900 | €128,568 | €133,264 | +€4,696 | +3.7% |
| Operating profit (loss) | 9901 | €121,956 | €122,574 | +€619 | +0.5% |
| Financial income | 75/76B | €5,105 | - | -€5,105 | |
| Recurring financial income | 75 | €5,105 | - | -€5,105 | |
| Financial charges | 65/66B | €827 | €307 | -€520 | -62.9% |
| Recurring financial charges | 65 | €827 | €307 | -€520 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €126,234 | €122,267 | -€3,966 | -3.1% |
| Income taxes | 67/77 | €40,358 | €30,607 | -€9,751 | -24.2% |
| Profit (loss) for the period | 9904 | €85,876 | €91,661 | +€5,785 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €85,876 | €91,661 | +€5,785 | +6.7% |
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 27 October 2026 via checked.be.