IP MANAGEMENT & 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.
IP MANAGEMENT & CONSULTING
Largest movements
- Receivables within one year -€157,219
down €157,219 (-31.1%), from €504,973 to €347,754
of which Trade receivables: -€145,510
- Deferred charges and accrued income +€14,252
up €14,252 (+27.2%), from €52,306 to €66,558
- Profit (loss) carried forward -€89,489
down €89,489 (-34.9%), from -€256,075 to -€345,564
- Other debts -€80,900
down €80,900 (-16.0%), from €505,924 to €425,024
- Accrued charges and deferred income +€24,353
up €24,353 (+28.5%), from €85,373 to €109,726
- Trade debts +€17,362
up €17,362 (+15.2%), from €114,328 to €131,690
- Tax, wage and social debts -€15,750
down €15,750 (-100%), from €15,750 to €0
- Financial income +€110,482
up €110,482 (+799%), from €13,826 to €124,308
of which Non-recurring financial income: +€110,000
- Gross operating margin -€27,924
down €27,924, from €9,982 to -€17,942
- Financial charges +€1,032
up €1,032 (+4.3%), from €23,752 to €24,785
of which Financial charges: +€1,033
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 | €571,708 | €425,724 | -€145,984 | -25.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €571,708 | €425,724 | -€145,984 | -25.5% |
| Amounts receivable within one year | 40/41 | €504,973 | €347,754 | -€157,219 | -31.1% |
| Trade receivables | 40 | €154,279 | €8,769 | -€145,510 | -94.3% |
| Other amounts receivable | 41 | €350,694 | €338,985 | -€11,709 | -3.3% |
| Cash at bank and in hand | 54/58 | €14,430 | €11,413 | -€3,017 | -20.9% |
| Deferred charges and accrued income | 490/1 | €52,306 | €66,558 | +€14,252 | +27.2% |
| Total equity and liabilities | 10/49 | €571,708 | €425,724 | -€145,984 | -25.5% |
| Equity | 10/15 | -€187,875 | -€277,364 | -€89,489 | -47.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,075 | -€345,564 | -€89,489 | -34.9% |
| Amounts payable | 17/49 | €759,584 | €703,089 | -€56,495 | -7.4% |
| Amounts payable within one year | 42/48 | €674,211 | €593,363 | -€80,848 | -12.0% |
| Trade debts | 44 | €114,328 | €131,690 | +€17,362 | +15.2% |
| Suppliers | 440/4 | €114,328 | €131,690 | +€17,362 | +15.2% |
| Advances received on contracts in progress | 46 | €38,210 | €36,650 | -€1,560 | -4.1% |
| Taxes, remuneration and social security | 45 | €15,750 | €0 | -€15,750 | -100% |
| Taxes | 450/3 | €15,750 | €0 | -€15,750 | -100% |
| Other amounts payable | 47/48 | €505,924 | €425,024 | -€80,900 | -16.0% |
| Accrued charges and deferred income | 492/3 | €85,373 | €109,726 | +€24,353 | +28.5% |
| Non-recurring operating income | 76A | €25,000 | €0 | -€25,000 | -100% |
| Other operating charges | 640/8 | €628 | €644 | +€16 | +2.5% |
| Non-recurring operating charges | 66A | - | €170,427 | +€170,427 | |
| Gross operating margin | 9900 | €9,982 | -€17,942 | -€27,924 | |
| Operating profit (loss) | 9901 | €9,354 | -€189,012 | -€198,367 | |
| Financial income | 75/76B | €13,826 | €124,308 | +€110,482 | +799% |
| Recurring financial income | 75 | €13,826 | €14,308 | +€482 | +3.5% |
| Non-recurring financial income | 76B | - | €110,000 | +€110,000 | |
| Financial charges | 65/66B | €23,752 | €24,785 | +€1,032 | +4.3% |
| Recurring financial charges | 65 | €23,751 | €24,785 | +€1,033 | +4.4% |
| Non-recurring financial charges | 66B | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€572 | -€89,489 | -€88,917 | -15,549% |
| Profit (loss) for the period | 9904 | -€572 | -€89,489 | -€88,917 | -15,549% |
| Profit (loss) for the period to be appropriated | 9905 | -€572 | -€89,489 | -€88,917 | -15,549% |
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 22 October 2026 via checked.be.