IHS 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.
IHS Consulting
Largest movements
- Receivables within one year +€19,478
up €19,478 (+94.0%), from €20,729 to €40,208
of which Trade receivables: +€24,090
- Cash -€7,937
down €7,937 (-27.4%), from €28,943 to €21,005
mainly Contributions, distributions and other (-€28,508) and Receivables within one year (-€19,478)
- Tangible fixed assets +€2,569
up €2,569 (+6.0%), from €43,131 to €45,700
of which Land and buildings: +€2,370
- Other debts +€9,489
up €9,489 (+14.2%), from €66,676 to €76,165
- Tax, wage and social debts +€4,716
up €4,716 (+17.5%), from €26,944 to €31,660
- Financial charges +€52,541
up €52,541 (+22,711%), from €231 to €52,772
- Taxes -€10,663
down €10,663 (-52.9%), from €20,155 to €9,492
- Gross operating margin +€9,146
up €9,146 (+10.3%), from €89,005 to €98,152
- Depreciation +€4,702
up €4,702 (+306%), from €1,536 to €6,238
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 | €94,414 | €108,870 | +€14,456 | +15.3% |
| Fixed assets | 21/28 | €43,131 | €45,700 | +€2,569 | +6.0% |
| Tangible fixed assets | 22/27 | €43,131 | €45,700 | +€2,569 | +6.0% |
| Land and buildings | 22 | €42,148 | €44,518 | +€2,370 | +5.6% |
| Plant, machinery and equipment | 23 | €0 | €1,183 | +€1,183 | |
| Furniture and vehicles | 24 | €983 | €0 | -€983 | -100% |
| Current assets | 29/58 | €51,283 | €63,170 | +€11,887 | +23.2% |
| Amounts receivable within one year | 40/41 | €20,729 | €40,208 | +€19,478 | +94.0% |
| Trade receivables | 40 | €16,117 | €40,208 | +€24,090 | +149% |
| Other amounts receivable | 41 | €4,612 | - | -€4,612 | |
| Cash at bank and in hand | 54/58 | €28,943 | €21,005 | -€7,937 | -27.4% |
| Deferred charges and accrued income | 490/1 | €1,611 | €1,957 | +€346 | +21.5% |
| Total equity and liabilities | 10/49 | €94,414 | €108,870 | +€14,456 | +15.3% |
| Equity | 10/15 | €550 | €550 | = | 0.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Amounts payable | 17/49 | €93,864 | €108,320 | +€14,456 | +15.4% |
| Amounts payable within one year | 42/48 | €93,864 | €108,320 | +€14,456 | +15.4% |
| Trade debts | 44 | €244 | €495 | +€251 | +103% |
| Suppliers | 440/4 | €244 | €495 | +€251 | +103% |
| Taxes, remuneration and social security | 45 | €26,944 | €31,660 | +€4,716 | +17.5% |
| Taxes | 450/3 | €26,944 | €31,660 | +€4,716 | +17.5% |
| Other amounts payable | 47/48 | €66,676 | €76,165 | +€9,489 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €6,238 | +€4,702 | +306% |
| Other operating charges | 640/8 | €547 | €1,168 | +€622 | +114% |
| Gross operating margin | 9900 | €89,005 | €98,152 | +€9,146 | +10.3% |
| Operating profit (loss) | 9901 | €86,923 | €90,745 | +€3,822 | +4.4% |
| Financial income | 75/76B | €140 | €27 | -€113 | -80.7% |
| Recurring financial income | 75 | €140 | €27 | -€113 | -80.7% |
| Financial charges | 65/66B | €231 | €52,772 | +€52,541 | +22,711% |
| Recurring financial charges | 65 | €231 | €52,772 | +€52,541 | +22,711% |
| Profit (loss) for the period before taxes | 9903 | €86,831 | €38,000 | -€48,832 | -56.2% |
| Income taxes | 67/77 | €20,155 | €9,492 | -€10,663 | -52.9% |
| Profit (loss) for the period | 9904 | €66,676 | €28,508 | -€38,168 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,676 | €28,508 | -€38,168 | -57.2% |
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 26 October 2026 via checked.be.