IMD Consult BV: 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.
IMD Consult BV
Largest movements
- Tangible fixed assets -€17,922
down €17,922 (-59.5%), from €30,110 to €12,188
of which Furniture and vehicles: -€15,287
- Cash +€16,525
up €16,525 (+766%), from €2,157 to €18,682
mainly Net result for the year (+€27,003) and Advances received (+€17,424)
- Receivables within one year +€5,991
up €5,991 (+25.6%), from €23,420 to €29,411
of which Trade receivables: +€12,482
- Deferred charges and accrued income +€1,159
new in 2025: €1,159
- Advances received +€17,424
new in 2025: €17,424
- Reserves -€12,464
down €12,464 (-31.6%), from €39,467 to €27,003
- Tax, wage and social debts +€2,984
new in 2025: €2,984
of which Remuneration and social security: +€1,939
- Other debts -€1,758
down €1,758 (-21.9%), from €8,036 to €6,279
- Gross operating margin +€11,824
up €11,824 (+35.5%), from €33,265 to €45,090
- Taxes +€3,148
up €3,148 (+57.0%), from €5,525 to €8,673
- Financial charges +€2,920
up €2,920 (+312%), from €937 to €3,857
- Depreciation -€2,321
down €2,321 (-31.6%), from €7,335 to €5,014
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 | €55,686 | €61,440 | +€5,754 | +10.3% |
| Fixed assets | 21/28 | €30,110 | €12,188 | -€17,922 | -59.5% |
| Tangible fixed assets | 22/27 | €30,110 | €12,188 | -€17,922 | -59.5% |
| Land and buildings | 22 | €9,364 | €6,903 | -€2,461 | -26.3% |
| Plant, machinery and equipment | 23 | €174 | - | -€174 | |
| Furniture and vehicles | 24 | €20,572 | €5,285 | -€15,287 | -74.3% |
| Current assets | 29/58 | €25,576 | €49,252 | +€23,676 | +92.6% |
| Amounts receivable within one year | 40/41 | €23,420 | €29,411 | +€5,991 | +25.6% |
| Trade receivables | 40 | €12,821 | €25,303 | +€12,482 | +97.4% |
| Other amounts receivable | 41 | €10,599 | €4,108 | -€6,490 | -61.2% |
| Cash at bank and in hand | 54/58 | €2,157 | €18,682 | +€16,525 | +766% |
| Deferred charges and accrued income | 490/1 | - | €1,159 | +€1,159 | |
| Total equity and liabilities | 10/49 | €55,686 | €61,440 | +€5,754 | +10.3% |
| Equity | 10/15 | €45,667 | €33,203 | -€12,464 | -27.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,467 | €27,003 | -€12,464 | -31.6% |
| Distributable reserves | 133 | €39,467 | €27,003 | -€12,464 | -31.6% |
| Amounts payable | 17/49 | €10,019 | €28,237 | +€18,218 | +182% |
| Amounts payable within one year | 42/48 | €10,019 | €28,237 | +€18,218 | +182% |
| Trade debts | 44 | €1,983 | €1,550 | -€433 | -21.8% |
| Suppliers | 440/4 | €1,983 | €1,550 | -€433 | -21.8% |
| Advances received on contracts in progress | 46 | - | €17,424 | +€17,424 | |
| Taxes, remuneration and social security | 45 | - | €2,984 | +€2,984 | |
| Taxes | 450/3 | - | €1,046 | +€1,046 | |
| Remuneration and social security | 454/9 | - | €1,939 | +€1,939 | |
| Other amounts payable | 47/48 | €8,036 | €6,279 | -€1,758 | -21.9% |
| Non-recurring operating income | 76A | - | €4,287 | +€4,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,335 | €5,014 | -€2,321 | -31.6% |
| Other operating charges | 640/8 | €582 | €543 | -€40 | -6.8% |
| Gross operating margin | 9900 | €33,265 | €45,090 | +€11,824 | +35.5% |
| Operating profit (loss) | 9901 | €25,348 | €39,533 | +€14,185 | +56.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €937 | €3,857 | +€2,920 | +312% |
| Recurring financial charges | 65 | €937 | €3,857 | +€2,920 | +312% |
| Profit (loss) for the period before taxes | 9903 | €24,411 | €35,676 | +€11,265 | +46.1% |
| Income taxes | 67/77 | €5,525 | €8,673 | +€3,148 | +57.0% |
| Profit (loss) for the period | 9904 | €18,886 | €27,003 | +€8,117 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,886 | €27,003 | +€8,117 | +43.0% |
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.