IN-AC-AL: what changed
What changed
IN-AC-AL
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€512,338
2024 · €127-€512,464
Equity
€101,465
2024 · €613,602-€512,138
Cash
€112,508
2024 · €2,625+€109,883
Balance sheet total
€198,840
2024 · €731,930-€533,089
Largest movements
Assets
- Financial fixed assets -€687,837
down €687,837 (-100%), from €687,837 to €0
- Cash +€109,883
up €109,883 (+4,186%), from €2,625 to €112,508
mainly Investment in fixed assets (net) (+€684,877) and Depreciation (+€8,845)
- Current investments +€50,000
new in 2025: €50,000
Equity and liabilities
- Reserves -€512,138
down €512,138 (-85.5%), from €599,302 to €87,165
of which Distributable reserves: -€512,138
- Other debts -€17,631
down €17,631 (-15.9%), from €111,133 to €93,502
Income statement
- Other operating charges +€505,222
up €505,222 (+24,842%), from €2,034 to €507,256
- Gross operating margin -€8,915
down €8,915 (-69.0%), from €12,914 to €3,999
- Depreciation -€1,691
down €1,691 (-16.1%), from €10,536 to €8,845
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€127
Gross operating margin
-€8,915
Depreciation
+€1,691
Other operating charges
-€505,222
Financial charges
-€18
Result 2025
-€512,338
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€521,455
Investment
+€634,877
Financing
-€3,538
Cash 2024
€2,625
From operations (derived)
-€521,455
Net result for the year
-€512,338
Depreciation
+€8,845
Smaller working-capital items
-€332
Other debts
-€17,631
Investment (derived)
+€634,877
Investment in fixed assets (net)
+€684,877
Current investments
-€50,000
Financing
-€3,538
Debts after one year
-€2,181
Current portion of long-term debt
-€1,558
Contributions, distributions and other
+€200
Cash 2025
€112,508
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €731,930 | €198,840 | -€533,089 | -72.8% |
| Fixed assets | 21/28 | €728,989 | €35,268 | -€693,721 | -95.2% |
| Tangible fixed assets | 22/27 | €41,153 | €35,268 | -€5,885 | -14.3% |
| Land and buildings | 22 | €28,209 | €28,946 | +€738 | +2.6% |
| Plant, machinery and equipment | 23 | €1,882 | €925 | -€957 | -50.9% |
| Furniture and vehicles | 24 | €11,062 | €5,397 | -€5,665 | -51.2% |
| Financial fixed assets | 28 | €687,837 | €0 | -€687,837 | -100% |
| Current assets | 29/58 | €2,941 | €163,572 | +€160,632 | +5,463% |
| Amounts receivable within one year | 40/41 | €153 | €1,004 | +€852 | +558% |
| Trade receivables | 40 | €48 | €767 | +€718 | +1,486% |
| Other amounts receivable | 41 | €104 | €238 | +€133 | +128% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €2,625 | €112,508 | +€109,883 | +4,186% |
| Deferred charges and accrued income | 490/1 | €163 | €60 | -€103 | -63.2% |
| Total equity and liabilities | 10/49 | €731,930 | €198,840 | -€533,089 | -72.8% |
| Equity | 10/15 | €613,602 | €101,465 | -€512,138 | -83.5% |
| Contributions | 10/11 | €14,300 | €14,300 | = | 0.0% |
| Reserves | 13 | €599,302 | €87,165 | -€512,138 | -85.5% |
| Tax-exempt reserves | 132 | €3,920 | €3,920 | = | 0.0% |
| Distributable reserves | 133 | €595,382 | €83,245 | -€512,138 | -86.0% |
| Amounts payable | 17/49 | €118,327 | €97,376 | -€20,952 | -17.7% |
| Amounts payable after more than one year | 17 | €2,181 | €0 | -€2,181 | -100% |
| Financial debts | 170/4 | €2,181 | €0 | -€2,181 | -100% |
| Amounts payable within one year | 42/48 | €116,147 | €97,376 | -€18,771 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €3,738 | €2,181 | -€1,558 | -41.7% |
| Trade debts | 44 | €310 | €468 | +€159 | +51.2% |
| Suppliers | 440/4 | €310 | €468 | +€159 | +51.2% |
| Taxes, remuneration and social security | 45 | €966 | €1,225 | +€259 | +26.8% |
| Taxes | 450/3 | €966 | €1,225 | +€259 | +26.8% |
| Other amounts payable | 47/48 | €111,133 | €93,502 | -€17,631 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,536 | €8,845 | -€1,691 | -16.1% |
| Other operating charges | 640/8 | €2,034 | €507,256 | +€505,222 | +24,842% |
| Gross operating margin | 9900 | €12,914 | €3,999 | -€8,915 | -69.0% |
| Operating profit (loss) | 9901 | €345 | -€512,102 | -€512,447 | |
| Financial charges | 65/66B | €218 | €236 | +€18 | +8.1% |
| Recurring financial charges | 65 | €218 | €236 | +€18 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €127 | -€512,338 | -€512,464 | |
| Profit (loss) for the period | 9904 | €127 | -€512,338 | -€512,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €127 | -€512,338 | -€512,464 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.