Innovation consulting services: what changed
Innovation consulting services
Largest movements
- Receivables within one year -€55,415
down €55,415 (-45.3%), from €122,322 to €66,907
of which Trade receivables: -€65,917
- Deferred charges and accrued income +€38,837
up €38,837 (+12,488%), from €311 to €39,148
- Tangible fixed assets -€32,293
down €32,293 (-99.0%), from €32,634 to €341
- Cash -€19,791
down €19,791 (-29.7%), from €66,621 to €46,830
mainly Contributions, distributions and other (-€83,700) and Deferred charges and accrued income (-€38,837)
- Other debts -€34,167
down €34,167 (-29.0%), from €118,000 to €83,833
- Current portion of long-term debt -€18,412
down €18,412 (-68.4%), from €26,917 to €8,505
- Debts after one year -€9,302
down €9,302 (-31.8%), from €29,281 to €19,979
of which Financial debts: -€8,505
- Tax, wage and social debts -€4,265
down €4,265 (-19.5%), from €21,880 to €17,615
- Profit (loss) carried forward -€4,175
down €4,175 (-94.1%), from €4,438 to €263
- Gross operating margin -€62,309
down €62,309 (-38.0%), from €163,991 to €101,682
- Taxes -€14,359
down €14,359 (-42.4%), from €33,890 to €19,531
- Depreciation -€9,327
down €9,327 (-96.6%), from €9,652 to €325
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,913 | €153,251 | -€68,662 | -30.9% |
| Fixed assets | 21/28 | €32,659 | €366 | -€32,293 | -98.9% |
| Tangible fixed assets | 22/27 | €32,634 | €341 | -€32,293 | -99.0% |
| Furniture and vehicles | 24 | €32,634 | €341 | -€32,293 | -99.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €189,254 | €152,885 | -€36,369 | -19.2% |
| Amounts receivable within one year | 40/41 | €122,322 | €66,907 | -€55,415 | -45.3% |
| Trade receivables | 40 | €119,651 | €53,734 | -€65,917 | -55.1% |
| Other amounts receivable | 41 | €2,671 | €13,173 | +€10,502 | +393% |
| Cash at bank and in hand | 54/58 | €66,621 | €46,830 | -€19,791 | -29.7% |
| Deferred charges and accrued income | 490/1 | €311 | €39,148 | +€38,837 | +12,488% |
| Total equity and liabilities | 10/49 | €221,913 | €153,251 | -€68,662 | -30.9% |
| Equity | 10/15 | €23,038 | €18,863 | -€4,175 | -18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,438 | €263 | -€4,175 | -94.1% |
| Amounts payable | 17/49 | €198,875 | €134,388 | -€64,487 | -32.4% |
| Amounts payable after more than one year | 17 | €29,281 | €19,979 | -€9,302 | -31.8% |
| Financial debts | 170/4 | €21,927 | €13,422 | -€8,505 | -38.8% |
| Other amounts payable | 178/9 | €7,354 | €6,557 | -€797 | -10.8% |
| Amounts payable within one year | 42/48 | €169,594 | €113,291 | -€56,303 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €26,917 | €8,505 | -€18,412 | -68.4% |
| Trade debts | 44 | €2,797 | €3,338 | +€541 | +19.3% |
| Suppliers | 440/4 | €2,797 | €3,338 | +€541 | +19.3% |
| Taxes, remuneration and social security | 45 | €21,880 | €17,615 | -€4,265 | -19.5% |
| Taxes | 450/3 | €21,880 | €17,615 | -€4,265 | -19.5% |
| Other amounts payable | 47/48 | €118,000 | €83,833 | -€34,167 | -29.0% |
| Accrued charges and deferred income | 492/3 | - | €1,118 | +€1,118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,652 | €325 | -€9,327 | -96.6% |
| Other operating charges | 640/8 | €888 | €648 | -€240 | -27.0% |
| Gross operating margin | 9900 | €163,991 | €101,682 | -€62,309 | -38.0% |
| Operating profit (loss) | 9901 | €153,451 | €100,709 | -€52,742 | -34.4% |
| Financial income | 75/76B | €352 | - | -€352 | |
| Recurring financial income | 75 | €352 | - | -€352 | |
| Financial charges | 65/66B | €1,637 | €1,653 | +€16 | +1.0% |
| Recurring financial charges | 65 | €1,637 | €1,653 | +€16 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €152,166 | €99,056 | -€53,110 | -34.9% |
| Income taxes | 67/77 | €33,890 | €19,531 | -€14,359 | -42.4% |
| Profit (loss) for the period | 9904 | €118,276 | €79,525 | -€38,751 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €118,276 | €79,525 | -€38,751 | -32.8% |
Next steps
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 2 November 2026 via checked.be.