IFR 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.
IFR CONSULTING
Largest movements
- Receivables within one year +€5,538
up €5,538 (+1,770%), from €313 to €5,850
of which Trade receivables: +€5,520
- Cash -€4,058
down €4,058 (-22.0%), from €18,435 to €14,377
mainly Receivables within one year (-€5,538) and Net result for the year (-€3,669)
- Tangible fixed assets -€477
down €477 (-49.2%), from €968 to €492
- Tax, wage and social debts +€4,730
up €4,730 (+384%), from €1,231 to €5,960
of which Taxes: +€3,080
- Profit (loss) carried forward -€3,669
down €3,669 (-32.3%), from -€11,353 to -€15,021
- Depreciation -€3,687
down €3,687 (-78.8%), from €4,678 to €991
- Gross operating margin +€3,504
up €3,504 (+68.5%), from -€5,119 to -€1,615
- Other operating charges +€129
up €129 (+23.0%), from €560 to €689
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 | €20,338 | €21,399 | +€1,061 | +5.2% |
| Fixed assets | 21/28 | €968 | €492 | -€477 | -49.2% |
| Tangible fixed assets | 22/27 | €968 | €492 | -€477 | -49.2% |
| Furniture and vehicles | 24 | €968 | €492 | -€477 | -49.2% |
| Current assets | 29/58 | €19,370 | €20,907 | +€1,538 | +7.9% |
| Amounts receivable within one year | 40/41 | €313 | €5,850 | +€5,538 | +1,770% |
| Trade receivables | 40 | €241 | €5,760 | +€5,520 | +2,292% |
| Other amounts receivable | 41 | €72 | €90 | +€18 | +25.0% |
| Cash at bank and in hand | 54/58 | €18,435 | €14,377 | -€4,058 | -22.0% |
| Deferred charges and accrued income | 490/1 | €621 | €680 | +€59 | +9.4% |
| Total equity and liabilities | 10/49 | €20,338 | €21,399 | +€1,061 | +5.2% |
| Equity | 10/15 | €19,107 | €15,439 | -€3,669 | -19.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,353 | -€15,021 | -€3,669 | -32.3% |
| Amounts payable | 17/49 | €1,231 | €5,960 | +€4,730 | +384% |
| Amounts payable within one year | 42/48 | €1,231 | €5,960 | +€4,730 | +384% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €1,231 | €5,960 | +€4,730 | +384% |
| Taxes | 450/3 | €1,231 | €4,310 | +€3,080 | +250% |
| Remuneration and social security | 454/9 | €0 | €1,650 | +€1,650 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,678 | €991 | -€3,687 | -78.8% |
| Other operating charges | 640/8 | €560 | €689 | +€129 | +23.0% |
| Gross operating margin | 9900 | -€5,119 | -€1,615 | +€3,504 | +68.5% |
| Operating profit (loss) | 9901 | -€10,358 | -€3,295 | +€7,063 | +68.2% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €248 | €293 | +€44 | +17.9% |
| Recurring financial charges | 65 | €248 | €293 | +€44 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,606 | -€3,537 | +€7,069 | +66.7% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€10,734 | -€3,669 | +€7,065 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,734 | -€3,669 | +€7,065 | +65.8% |
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.