IMPROVE CONSULT: what changed
Two fiscal 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.
IMPROVE CONSULT
Largest movements
- Receivables within one year +€6,154
up €6,154 (+22.6%), from €27,197 to €33,351
of which Trade receivables: +€7,045
- Stocks and contracts +€3,942
new in 2025: €3,942
- Cash -€2,712
down €2,712 (-43.2%), from €6,285 to €3,573
mainly Receivables within one year (-€6,154) and Stocks and contracts (-€3,942)
- Intangible fixed assets +€1,991
up €1,991 (+211.6%), from €941 to €2,932
- Reserves +€3,755
up €3,755 (+201.9%), from €1,860 to €5,615
- Trade debts +€3,150
up €3,150 (+67.3%), from €4,678 to €7,828
- Profit (loss) carried forward +€2,801
no longer reported in 2025 (was -€2,801)
- Gross operating margin -€8,103
down €8,103 (-36.8%), from €22,010 to €13,907
- Depreciation -€5,800
down €5,800 (-81.3%), from €7,133 to €1,333
- Write-downs -€3,888
no longer reported in 2025 (was €3,888)
- Other operating charges -€1,077
down €1,077 (-74.4%), from €1,447 to €370
- Taxes +€312
up €312 (+6.7%), from €4,624 to €4,936
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.
Cash bridge derived
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 | €35,806 | €45,125 | +€9,319 | +26.0% |
| Fixed assets | 21/28 | €1,610 | €3,247 | +€1,637 | +101.7% |
| Intangible fixed assets | 21 | €941 | €2,932 | +€1,991 | +211.6% |
| Tangible fixed assets | 22/27 | €549 | €195 | -€354 | -64.5% |
| Furniture and vehicles | 24 | €549 | €195 | -€354 | -64.5% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €34,196 | €41,878 | +€7,682 | +22.5% |
| Stocks and contracts in progress | 3 | - | €3,942 | +€3,942 | |
| Stocks | 30/36 | - | €3,942 | +€3,942 | |
| Amounts receivable within one year | 40/41 | €27,197 | €33,351 | +€6,154 | +22.6% |
| Trade receivables | 40 | €3,845 | €10,890 | +€7,045 | +183.2% |
| Other amounts receivable | 41 | €23,352 | €22,461 | -€891 | -3.8% |
| Cash at bank and in hand | 54/58 | €6,285 | €3,573 | -€2,712 | -43.2% |
| Deferred charges and accrued income | 490/1 | €714 | €1,012 | +€298 | +41.7% |
| Total equity and liabilities | 10/49 | €35,806 | €45,125 | +€9,319 | +26.0% |
| Equity | 10/15 | €17,659 | €24,215 | +€6,556 | +37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,615 | +€3,755 | +201.9% |
| Distributable reserves | 133 | €1,860 | €5,615 | +€3,755 | +201.9% |
| Profit (loss) carried forward | 14 | -€2,801 | - | +€2,801 | |
| Amounts payable | 17/49 | €18,147 | €20,910 | +€2,763 | +15.2% |
| Amounts payable within one year | 42/48 | €18,147 | €20,910 | +€2,763 | +15.2% |
| Trade debts | 44 | €4,678 | €7,828 | +€3,150 | +67.3% |
| Suppliers | 440/4 | €4,678 | €7,828 | +€3,150 | +67.3% |
| Taxes, remuneration and social security | 45 | €13,469 | €13,082 | -€387 | -2.9% |
| Taxes | 450/3 | €13,469 | €13,082 | -€387 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,133 | €1,333 | -€5,800 | -81.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,888 | - | -€3,888 | |
| Other operating charges | 640/8 | €1,447 | €370 | -€1,077 | -74.4% |
| Gross operating margin | 9900 | €22,010 | €13,907 | -€8,103 | -36.8% |
| Operating profit (loss) | 9901 | €9,542 | €12,204 | +€2,662 | +27.9% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €667 | €770 | +€103 | +15.4% |
| Recurring financial charges | 65 | €667 | €770 | +€103 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €8,875 | €11,492 | +€2,617 | +29.5% |
| Income taxes | 67/77 | €4,624 | €4,936 | +€312 | +6.7% |
| Profit (loss) for the period | 9904 | €4,251 | €6,556 | +€2,305 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,251 | €6,556 | +€2,305 | +54.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.