InnDev Consulting: 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.
InnDev Consulting
Largest movements
- Cash -€39,298
down €39,298 (-52.8%), from €74,447 to €35,148
mainly Contributions, distributions and other (-€107,630) and Debts after one year (-€25,791)
- Receivables within one year +€22,429
up €22,429 (+44.9%), from €49,949 to €72,378
of which Trade receivables: +€44,807
- Tangible fixed assets -€18,332
down €18,332 (-5.9%), from €313,278 to €294,946
of which Land and buildings: -€10,452
- Reserves -€75,296
down €75,296 (-23.7%), from €317,060 to €241,764
- Other debts +€50,151
up €50,151 (+3134.5%), from €1,600 to €51,751
- Debts after one year -€25,791
down €25,791 (-40.2%), from €64,199 to €38,408
- Trade debts +€16,582
up €16,582 (+2970.5%), from €558 to €17,140
- Contributions -€8,177
down €8,177 (-32.7%), from €25,000 to €16,823
- Gross operating margin -€10,061
down €10,061 (-15.8%), from €63,670 to €53,609
- Financial income -€1,676
down €1,676 (-91.3%), from €1,836 to €160
- Taxes -€1,326
down €1,326 (-16.5%), from €8,050 to €6,725
- Financial charges -€657
down €657 (-22.5%), from €2,915 to €2,258
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 | €438,870 | €403,576 | -€35,294 | -8.0% |
| Fixed assets | 21/28 | €313,278 | €294,946 | -€18,332 | -5.9% |
| Tangible fixed assets | 22/27 | €313,278 | €294,946 | -€18,332 | -5.9% |
| Land and buildings | 22 | €293,596 | €283,144 | -€10,452 | -3.6% |
| Plant, machinery and equipment | 23 | €403 | €30 | -€373 | -92.5% |
| Furniture and vehicles | 24 | €19,278 | €11,772 | -€7,506 | -38.9% |
| Current assets | 29/58 | €125,592 | €108,630 | -€16,962 | -13.5% |
| Amounts receivable within one year | 40/41 | €49,949 | €72,378 | +€22,429 | +44.9% |
| Trade receivables | 40 | €7,039 | €51,846 | +€44,807 | +636.5% |
| Other amounts receivable | 41 | €42,910 | €20,532 | -€22,378 | -52.2% |
| Cash at bank and in hand | 54/58 | €74,447 | €35,148 | -€39,298 | -52.8% |
| Deferred charges and accrued income | 490/1 | €1,196 | €1,104 | -€93 | -7.7% |
| Total equity and liabilities | 10/49 | €438,870 | €403,576 | -€35,294 | -8.0% |
| Equity | 10/15 | €342,060 | €258,587 | -€83,473 | -24.4% |
| Contributions | 10/11 | €25,000 | €16,823 | -€8,177 | -32.7% |
| Reserves | 13 | €317,060 | €241,764 | -€75,296 | -23.7% |
| Distributable reserves | 133 | €317,060 | €241,764 | -€75,296 | -23.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,810 | €144,989 | +€48,179 | +49.8% |
| Amounts payable after more than one year | 17 | €64,199 | €38,408 | -€25,791 | -40.2% |
| Financial debts | 170/4 | €64,199 | €38,408 | -€25,791 | -40.2% |
| Amounts payable within one year | 42/48 | €32,611 | €106,581 | +€73,970 | +226.8% |
| Current portion of amounts payable after more than one year | 42 | €25,179 | €25,791 | +€612 | +2.4% |
| Trade debts | 44 | €558 | €17,140 | +€16,582 | +2970.5% |
| Suppliers | 440/4 | €558 | €17,140 | +€16,582 | +2970.5% |
| Taxes, remuneration and social security | 45 | €5,273 | €11,898 | +€6,625 | +125.6% |
| Taxes | 450/3 | €5,273 | €11,898 | +€6,625 | +125.6% |
| Other amounts payable | 47/48 | €1,600 | €51,751 | +€50,151 | +3134.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,237 | €18,332 | +€95 | +0.5% |
| Other operating charges | 640/8 | €2,104 | €2,297 | +€194 | +9.2% |
| Gross operating margin | 9900 | €63,670 | €53,609 | -€10,061 | -15.8% |
| Operating profit (loss) | 9901 | €43,330 | €32,980 | -€10,350 | -23.9% |
| Financial income | 75/76B | €1,836 | €160 | -€1,676 | -91.3% |
| Recurring financial income | 75 | €1,836 | €160 | -€1,676 | -91.3% |
| Financial charges | 65/66B | €2,915 | €2,258 | -€657 | -22.5% |
| Recurring financial charges | 65 | €2,915 | €2,258 | -€657 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €42,251 | €30,882 | -€11,369 | -26.9% |
| Income taxes | 67/77 | €8,050 | €6,725 | -€1,326 | -16.5% |
| Profit (loss) for the period | 9904 | €34,200 | €24,157 | -€10,043 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,200 | €24,157 | -€10,043 | -29.4% |
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 12 October 2026 via checked.be.