ImproV'SQE Consult: 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.
ImproV'SQE Consult
Largest movements
- Cash +€15,227
up €15,227 (+145%), from €10,523 to €25,751
mainly Net result for the year (+€6,539) and Receivables within one year (+€5,250)
- Receivables within one year -€5,250
down €5,250 (-25.8%), from €20,313 to €15,064
of which Trade receivables: -€7,523
- Reserves +€6,000
up €6,000 (+40.0%), from €15,000 to €21,000
- Tax, wage and social debts +€2,823
up €2,823 (+23.0%), from €12,263 to €15,086
- Trade debts +€1,414
up €1,414 (+1,998%), from €71 to €1,485
- Other debts -€977
down €977 (-100%), from €977 to €0
- Profit (loss) carried forward +€539
up €539 (+37.2%), from €1,448 to €1,986
- Gross operating margin +€1,164
up €1,164 (+12.1%), from €9,635 to €10,800
- Taxes +€608
up €608 (+27.5%), from €2,209 to €2,817
- Depreciation +€185
up €185 (+81.6%), from €227 to €412
- Other operating charges -€128
down €128 (-12.3%), from €1,035 to €908
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 | €32,258 | €42,057 | +€9,799 | +30.4% |
| Fixed assets | 21/28 | €1,421 | €1,009 | -€412 | -29.0% |
| Tangible fixed assets | 22/27 | €1,421 | €1,009 | -€412 | -29.0% |
| Furniture and vehicles | 24 | €1,421 | €1,009 | -€412 | -29.0% |
| Current assets | 29/58 | €30,837 | €41,048 | +€10,211 | +33.1% |
| Amounts receivable within one year | 40/41 | €20,313 | €15,064 | -€5,250 | -25.8% |
| Trade receivables | 40 | €20,313 | €12,790 | -€7,523 | -37.0% |
| Other amounts receivable | 41 | - | €2,273 | +€2,273 | |
| Cash at bank and in hand | 54/58 | €10,523 | €25,751 | +€15,227 | +145% |
| Deferred charges and accrued income | 490/1 | - | €234 | +€234 | |
| Total equity and liabilities | 10/49 | €32,258 | €42,057 | +€9,799 | +30.4% |
| Equity | 10/15 | €18,948 | €25,486 | +€6,539 | +34.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,000 | €21,000 | +€6,000 | +40.0% |
| Distributable reserves | 133 | €15,000 | €21,000 | +€6,000 | +40.0% |
| Profit (loss) carried forward | 14 | €1,448 | €1,986 | +€539 | +37.2% |
| Amounts payable | 17/49 | €13,310 | €16,571 | +€3,261 | +24.5% |
| Amounts payable within one year | 42/48 | €13,310 | €16,571 | +€3,261 | +24.5% |
| Trade debts | 44 | €71 | €1,485 | +€1,414 | +1,998% |
| Suppliers | 440/4 | €71 | €1,485 | +€1,414 | +1,998% |
| Taxes, remuneration and social security | 45 | €12,263 | €15,086 | +€2,823 | +23.0% |
| Taxes | 450/3 | €12,263 | €15,086 | +€2,823 | +23.0% |
| Other amounts payable | 47/48 | €977 | €0 | -€977 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €227 | €412 | +€185 | +81.6% |
| Other operating charges | 640/8 | €1,035 | €908 | -€128 | -12.3% |
| Gross operating margin | 9900 | €9,635 | €10,800 | +€1,164 | +12.1% |
| Operating profit (loss) | 9901 | €8,373 | €9,480 | +€1,107 | +13.2% |
| Financial charges | 65/66B | €150 | €125 | -€26 | -17.0% |
| Recurring financial charges | 65 | €150 | €125 | -€26 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €8,223 | €9,355 | +€1,133 | +13.8% |
| Income taxes | 67/77 | €2,209 | €2,817 | +€608 | +27.5% |
| Profit (loss) for the period | 9904 | €6,014 | €6,539 | +€525 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,014 | €6,539 | +€525 | +8.7% |
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 22 October 2026 via checked.be.