IOCD Consultancy: 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.
IOCD Consultancy
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash -€85,197
down €85,197 (-89.7%), from €94,982 to €9,785
mainly Contributions, distributions and other (-€426,703) and Tax, wage and social debts (-€39,438)
- Receivables within one year -€15,047
down €15,047 (-36.1%), from €41,683 to €26,636
of which Trade receivables: -€19,874
- Reserves -€331,204
down €331,204 (-99.8%), from €331,703 to €500
- Tax, wage and social debts -€39,438
down €39,438 (-79.2%), from €49,784 to €10,346
- Other debts +€20,750
new in 2025: €20,750
- Gross operating margin -€1,508
down €1,508 (-1.2%), from €122,625 to €121,117
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 | €388,327 | €39,591 | -€348,737 | -89.8% |
| Fixed assets | 21/28 | €1,347 | €2,256 | +€908 | +67.4% |
| Tangible fixed assets | 22/27 | €1,347 | €2,256 | +€908 | +67.4% |
| Furniture and vehicles | 24 | €1,347 | €2,256 | +€908 | +67.4% |
| Current assets | 29/58 | €386,980 | €37,335 | -€349,645 | -90.4% |
| Amounts receivable within one year | 40/41 | €41,683 | €26,636 | -€15,047 | -36.1% |
| Trade receivables | 40 | €38,387 | €18,513 | -€19,874 | -51.8% |
| Other amounts receivable | 41 | €3,296 | €8,123 | +€4,827 | +146% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €94,982 | €9,785 | -€85,197 | -89.7% |
| Deferred charges and accrued income | 490/1 | €315 | €914 | +€599 | +190% |
| Total equity and liabilities | 10/49 | €388,327 | €39,591 | -€348,737 | -89.8% |
| Equity | 10/15 | €336,703 | €5,500 | -€331,204 | -98.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €331,703 | €500 | -€331,204 | -99.8% |
| Distributable reserves | 133 | €331,703 | €500 | -€331,204 | -99.8% |
| Amounts payable | 17/49 | €51,624 | €34,091 | -€17,533 | -34.0% |
| Amounts payable within one year | 42/48 | €51,624 | €34,091 | -€17,533 | -34.0% |
| Trade debts | 44 | €1,841 | €2,995 | +€1,155 | +62.7% |
| Suppliers | 440/4 | €1,841 | €2,995 | +€1,155 | +62.7% |
| Taxes, remuneration and social security | 45 | €49,784 | €10,346 | -€39,438 | -79.2% |
| Taxes | 450/3 | €49,784 | €10,346 | -€39,438 | -79.2% |
| Other amounts payable | 47/48 | - | €20,750 | +€20,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €679 | +€240 | +54.6% |
| Other operating charges | 640/8 | €1,023 | €1,060 | +€37 | +3.6% |
| Gross operating margin | 9900 | €122,625 | €121,117 | -€1,508 | -1.2% |
| Operating profit (loss) | 9901 | €121,163 | €119,378 | -€1,785 | -1.5% |
| Financial income | 75/76B | €3,441 | €4,112 | +€672 | +19.5% |
| Recurring financial income | 75 | €3,441 | €4,112 | +€672 | +19.5% |
| Financial charges | 65/66B | €845 | €1,204 | +€359 | +42.4% |
| Recurring financial charges | 65 | €845 | €1,204 | +€359 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €123,758 | €122,286 | -€1,472 | -1.2% |
| Income taxes | 67/77 | €27,812 | €26,787 | -€1,025 | -3.7% |
| Profit (loss) for the period | 9904 | €95,946 | €95,500 | -€446 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,946 | €95,500 | -€446 | -0.5% |
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 25 October 2026 via checked.be.