Improvement & Consultancy Enterprise: 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.
Improvement & Consultancy Enterprise
Largest movements
- Tangible fixed assets +€70,727
up €70,727 (+316%), from €22,378 to €93,105
of which Furniture and vehicles: +€73,048
- Receivables within one year -€44,774
down €44,774 (-67.3%), from €66,525 to €21,751
of which Other amounts receivable: -€34,214
- Receivables after one year +€2,557
up €2,557 (+5.5%), from €46,487 to €49,044
- Cash -€1,919
down €1,919 (-8.8%), from €21,929 to €20,010
mainly Investment in fixed assets (net) (-€80,320) and Trade debts (-€15,826)
- Profit (loss) carried forward +€31,280
up €31,280, from -€28,382 to €2,898
- Trade debts -€15,826
down €15,826 (-95.5%), from €16,569 to €743
- Other debts +€11,139
up €11,139 (+73.9%), from €15,071 to €26,210
- Gross operating margin +€38,806
up €38,806 (+137%), from €28,264 to €67,070
- Depreciation +€7,899
up €7,899 (+466%), from €1,694 to €9,593
- Other operating charges +€6,322
up €6,322 (+23.8%), from €26,514 to €32,836
- Taxes +€2,689
up €2,689 (+39.7%), from -€6,779 to -€4,090
- Financial income -€1,229
down €1,229 (-30.0%), from €4,100 to €2,871
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 | €157,319 | €183,911 | +€26,592 | +16.9% |
| Fixed assets | 21/28 | €22,378 | €93,105 | +€70,727 | +316% |
| Tangible fixed assets | 22/27 | €22,378 | €93,105 | +€70,727 | +316% |
| Plant, machinery and equipment | 23 | €12,945 | €11,577 | -€1,368 | -10.6% |
| Furniture and vehicles | 24 | €3,193 | €76,241 | +€73,048 | +2,288% |
| Other tangible fixed assets | 26 | €6,240 | €5,287 | -€953 | -15.3% |
| Current assets | 29/58 | €134,941 | €90,806 | -€44,135 | -32.7% |
| Amounts receivable after more than one year | 29 | €46,487 | €49,044 | +€2,557 | +5.5% |
| Other amounts receivable | 291 | €46,487 | €49,044 | +€2,557 | +5.5% |
| Amounts receivable within one year | 40/41 | €66,525 | €21,751 | -€44,774 | -67.3% |
| Trade receivables | 40 | €19,732 | €9,172 | -€10,560 | -53.5% |
| Other amounts receivable | 41 | €46,793 | €12,579 | -€34,214 | -73.1% |
| Cash at bank and in hand | 54/58 | €21,929 | €20,010 | -€1,919 | -8.8% |
| Deferred charges and accrued income | 490/1 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €157,319 | €183,911 | +€26,592 | +16.9% |
| Equity | 10/15 | €125,678 | €156,958 | +€31,280 | +24.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €146,000 | €146,000 | = | 0.0% |
| Distributable reserves | 133 | €146,000 | €146,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,382 | €2,898 | +€31,280 | |
| Amounts payable | 17/49 | €31,641 | €26,953 | -€4,688 | -14.8% |
| Amounts payable within one year | 42/48 | €31,640 | €26,953 | -€4,687 | -14.8% |
| Trade debts | 44 | €16,569 | €743 | -€15,826 | -95.5% |
| Suppliers | 440/4 | €16,569 | €743 | -€15,826 | -95.5% |
| Other amounts payable | 47/48 | €15,071 | €26,210 | +€11,139 | +73.9% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,694 | €9,593 | +€7,899 | +466% |
| Other operating charges | 640/8 | €26,514 | €32,836 | +€6,322 | +23.8% |
| Gross operating margin | 9900 | €28,264 | €67,070 | +€38,806 | +137% |
| Operating profit (loss) | 9901 | €56 | €24,641 | +€24,585 | +43,902% |
| Financial income | 75/76B | €4,100 | €2,871 | -€1,229 | -30.0% |
| Recurring financial income | 75 | €4,100 | €2,871 | -€1,229 | -30.0% |
| Financial charges | 65/66B | €352 | €322 | -€30 | -8.5% |
| Recurring financial charges | 65 | €352 | €322 | -€30 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €3,804 | €27,190 | +€23,386 | +615% |
| Income taxes | 67/77 | -€6,779 | -€4,090 | +€2,689 | +39.7% |
| Profit (loss) for the period | 9904 | €10,583 | €31,280 | +€20,697 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €10,583 | €31,280 | +€20,697 | +196% |
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 18 October 2026 via checked.be.