INNOVATION 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.
INNOVATION CONSULTING
Largest movements
- Receivables within one year +€9,231
up €9,231 (+26.0%), from €35,477 to €44,709
of which Trade receivables: +€20,340
- Tangible fixed assets -€4,062
down €4,062 (-10.4%), from €38,956 to €34,895
of which Furniture and vehicles: -€3,997
- Cash +€1,599
up €1,599 (+19.1%), from €8,350 to €9,949
mainly Depreciation (+€13,178) and Net result for the year (+€6,229)
- Profit (loss) carried forward +€6,229
up €6,229 (+10.6%), from €58,947 to €65,176
- Staff costs -€7,226
no longer reported in 2025 (was €7,226)
- Depreciation -€6,222
down €6,222 (-32.1%), from €19,400 to €13,178
- Gross operating margin +€2,631
up €2,631 (+8.9%), from €29,666 to €32,298
- Taxes +€1,530
up €1,530 (+16.0%), from €9,576 to €11,105
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 | €83,907 | €90,237 | +€6,329 | +7.5% |
| Fixed assets | 21/28 | €38,956 | €34,895 | -€4,062 | -10.4% |
| Tangible fixed assets | 22/27 | €38,956 | €34,895 | -€4,062 | -10.4% |
| Plant, machinery and equipment | 23 | €6,154 | €6,090 | -€64 | -1.0% |
| Furniture and vehicles | 24 | €32,803 | €28,805 | -€3,997 | -12.2% |
| Current assets | 29/58 | €44,951 | €55,342 | +€10,391 | +23.1% |
| Amounts receivable within one year | 40/41 | €35,477 | €44,709 | +€9,231 | +26.0% |
| Trade receivables | 40 | - | €20,340 | +€20,340 | |
| Other amounts receivable | 41 | €35,477 | €24,369 | -€11,109 | -31.3% |
| Cash at bank and in hand | 54/58 | €8,350 | €9,949 | +€1,599 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,123 | €684 | -€439 | -39.1% |
| Total equity and liabilities | 10/49 | €83,907 | €90,237 | +€6,329 | +7.5% |
| Equity | 10/15 | €82,407 | €88,636 | +€6,229 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,260 | €17,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,400 | €15,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,947 | €65,176 | +€6,229 | +10.6% |
| Amounts payable | 17/49 | €1,500 | €1,601 | +€101 | +6.7% |
| Amounts payable within one year | 42/48 | €1,500 | €1,601 | +€101 | +6.7% |
| Trade debts | 44 | - | €101 | +€101 | |
| Suppliers | 440/4 | - | €101 | +€101 | |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €7,226 | - | -€7,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,400 | €13,178 | -€6,222 | -32.1% |
| Other operating charges | 640/8 | €1,558 | €1,700 | +€142 | +9.1% |
| Gross operating margin | 9900 | €29,666 | €32,298 | +€2,631 | +8.9% |
| Operating profit (loss) | 9901 | €1,483 | €17,420 | +€15,937 | +1,074% |
| Financial charges | 65/66B | €132 | €86 | -€46 | -34.9% |
| Recurring financial charges | 65 | €132 | €86 | -€46 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €1,351 | €17,334 | +€15,983 | +1,183% |
| Income taxes | 67/77 | €9,576 | €11,105 | +€1,530 | +16.0% |
| Profit (loss) for the period | 9904 | -€8,224 | €6,229 | +€14,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,224 | €6,229 | +€14,453 |
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 26 October 2026 via checked.be.