INEZ VERMEESCH: what changed
What changed
INEZ VERMEESCH
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€57,471
2024 · €35,453+€22,019
Equity
€58,991
2024 · €58,519+€471
Cash
€48,565
2024 · €46,499+€2,066
Balance sheet total
€157,539
2024 · €93,912+€63,627
Largest movements
Assets
- Receivables within one year +€56,133
up €56,133 (+850%), from €6,607 to €62,740
of which Trade receivables: +€54,836
- Stocks and contracts +€4,168
up €4,168 (+14.3%), from €29,180 to €33,347
- Cash +€2,066
up €2,066 (+4.4%), from €46,499 to €48,565
mainly Net result for the year (+€57,471) and Other debts (+€28,903)
Equity and liabilities
- Other debts +€28,903
up €28,903 (+128%), from €22,502 to €51,405
- Trade debts +€21,769
up €21,769 (+2,529%), from €861 to €22,630
- Tax, wage and social debts +€12,484
up €12,484 (+104%), from €12,030 to €24,514
Income statement
- Gross operating margin +€31,710
up €31,710 (+65.8%), from €48,218 to €79,928
- Taxes +€10,208
up €10,208 (+94.1%), from €10,844 to €21,052
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
€35,453
Gross operating margin
+€31,710
Depreciation
+€556
Other operating charges
+€343
Other operating items
-€364
Financial income
-€378
Financial charges
+€360
Taxes
-€10,208
Result 2025
€57,471
raises the resultlowers the resultnot broken down further in the accounts
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
+€60,601
Investment
-€1,536
Financing
-€57,000
Cash 2024
€46,499
From operations (derived)
+€60,601
Net result for the year
+€57,471
Depreciation
+€309
Stocks and contracts
-€4,168
Receivables within one year
-€56,133
Deferred charges and accrued income
-€35
Trade debts
+€21,769
Tax, wage and social debts
+€12,484
Other debts
+€28,903
Investment (derived)
-€1,536
Investment in fixed assets (net)
-€1,536
Financing
-€57,000
Contributions, distributions and other
-€57,000
Cash 2025
€48,565
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,912 | €157,539 | +€63,627 | +67.8% |
| Fixed assets | 21/28 | €11,290 | €12,516 | +€1,227 | +10.9% |
| Tangible fixed assets | 22/27 | €1,290 | €2,516 | +€1,227 | +95.1% |
| Furniture and vehicles | 24 | €1,290 | €2,516 | +€1,227 | +95.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €82,622 | €145,023 | +€62,401 | +75.5% |
| Stocks and contracts in progress | 3 | €29,180 | €33,347 | +€4,168 | +14.3% |
| Stocks | 30/36 | €29,180 | €33,347 | +€4,168 | +14.3% |
| Amounts receivable within one year | 40/41 | €6,607 | €62,740 | +€56,133 | +850% |
| Trade receivables | 40 | €6,501 | €61,337 | +€54,836 | +843% |
| Other amounts receivable | 41 | €106 | €1,403 | +€1,297 | +1,226% |
| Cash at bank and in hand | 54/58 | €46,499 | €48,565 | +€2,066 | +4.4% |
| Deferred charges and accrued income | 490/1 | €336 | €371 | +€35 | +10.3% |
| Total equity and liabilities | 10/49 | €93,912 | €157,539 | +€63,627 | +67.8% |
| Equity | 10/15 | €58,519 | €58,991 | +€471 | +0.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €57,019 | €57,491 | +€471 | +0.8% |
| Distributable reserves | 133 | €57,019 | €57,491 | +€471 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,393 | €98,549 | +€63,156 | +178% |
| Amounts payable within one year | 42/48 | €35,393 | €98,549 | +€63,156 | +178% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €861 | €22,630 | +€21,769 | +2,529% |
| Suppliers | 440/4 | €861 | €22,630 | +€21,769 | +2,529% |
| Taxes, remuneration and social security | 45 | €12,030 | €24,514 | +€12,484 | +104% |
| Taxes | 450/3 | €12,030 | €24,514 | +€12,484 | +104% |
| Other amounts payable | 47/48 | €22,502 | €51,405 | +€28,903 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €865 | €309 | -€556 | -64.3% |
| Other operating charges | 640/8 | €887 | €544 | -€343 | -38.7% |
| Non-recurring operating charges | 66A | - | €364 | +€364 | |
| Gross operating margin | 9900 | €48,218 | €79,928 | +€31,710 | +65.8% |
| Operating profit (loss) | 9901 | €46,465 | €78,710 | +€32,245 | +69.4% |
| Financial income | 75/76B | €379 | €1 | -€378 | -99.9% |
| Recurring financial income | 75 | €379 | €1 | -€378 | -99.9% |
| Financial charges | 65/66B | €547 | €188 | -€360 | -65.7% |
| Recurring financial charges | 65 | €547 | €188 | -€360 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €46,296 | €78,523 | +€32,227 | +69.6% |
| Income taxes | 67/77 | €10,844 | €21,052 | +€10,208 | +94.1% |
| Profit (loss) for the period | 9904 | €35,453 | €57,471 | +€22,019 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,453 | €57,471 | +€22,019 | +62.1% |
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 4 November 2026 via checked.be.