Ipsum Consulting & Engineering: 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.
Ipsum Consulting & Engineering
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€79,025
down €79,025 (-78.2%), from €101,058 to €22,032
mainly Current investments (-€100,000) and Tax, wage and social debts (-€8,393)
- Deferred charges and accrued income -€1,771
down €1,771 (-80.0%), from €2,214 to €443
- Receivables within one year -€1,767
down €1,767 (-8.1%), from €21,745 to €19,978
of which Trade receivables: -€1,767
- Tangible fixed assets -€1,713
down €1,713 (-55.8%), from €3,068 to €1,355
of which Furniture and vehicles: -€887
- Reserves +€18,565
up €18,565 (+17.0%), from €109,258 to €127,823
- Tax, wage and social debts -€8,393
down €8,393 (-80.4%), from €10,446 to €2,053
of which Taxes: -€5,205
- Trade debts +€6,457
up €6,457 (+298%), from €2,170 to €8,627
- Gross operating margin +€14,160
up €14,160 (+86.9%), from €16,294 to €30,454
- Taxes +€4,680
up €4,680 (+114%), from €4,101 to €8,780
- Depreciation -€3,166
down €3,166 (-64.9%), from €4,879 to €1,713
- Financial income -€805
no longer reported in 2025 (was €805)
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 | €128,084 | €143,808 | +€15,724 | +12.3% |
| Fixed assets | 21/28 | €3,068 | €1,355 | -€1,713 | -55.8% |
| Tangible fixed assets | 22/27 | €3,068 | €1,355 | -€1,713 | -55.8% |
| Plant, machinery and equipment | 23 | €1,959 | €1,132 | -€826 | -42.2% |
| Furniture and vehicles | 24 | €1,109 | €222 | -€887 | -79.9% |
| Current assets | 29/58 | €125,016 | €142,453 | +€17,437 | +13.9% |
| Amounts receivable within one year | 40/41 | €21,745 | €19,978 | -€1,767 | -8.1% |
| Trade receivables | 40 | €21,604 | €19,837 | -€1,767 | -8.2% |
| Other amounts receivable | 41 | €141 | €141 | = | 0.0% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €101,058 | €22,032 | -€79,025 | -78.2% |
| Deferred charges and accrued income | 490/1 | €2,214 | €443 | -€1,771 | -80.0% |
| Total equity and liabilities | 10/49 | €128,084 | €143,808 | +€15,724 | +12.3% |
| Equity | 10/15 | €109,758 | €128,323 | +€18,565 | +16.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €109,258 | €127,823 | +€18,565 | +17.0% |
| Distributable reserves | 133 | €109,258 | €127,823 | +€18,565 | +17.0% |
| Amounts payable | 17/49 | €18,326 | €15,485 | -€2,841 | -15.5% |
| Amounts payable within one year | 42/48 | €18,326 | €15,471 | -€2,855 | -15.6% |
| Trade debts | 44 | €2,170 | €8,627 | +€6,457 | +298% |
| Suppliers | 440/4 | €2,170 | €8,627 | +€6,457 | +298% |
| Taxes, remuneration and social security | 45 | €10,446 | €2,053 | -€8,393 | -80.4% |
| Taxes | 450/3 | €7,258 | €2,053 | -€5,205 | -71.7% |
| Remuneration and social security | 454/9 | €3,188 | - | -€3,188 | |
| Other amounts payable | 47/48 | €5,711 | €4,792 | -€919 | -16.1% |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,879 | €1,713 | -€3,166 | -64.9% |
| Other operating charges | 640/8 | €1,183 | €1,326 | +€143 | +12.1% |
| Gross operating margin | 9900 | €16,294 | €30,454 | +€14,160 | +86.9% |
| Operating profit (loss) | 9901 | €10,232 | €27,415 | +€17,183 | +168% |
| Financial income | 75/76B | €805 | - | -€805 | |
| Recurring financial income | 75 | €805 | - | -€805 | |
| Financial charges | 65/66B | €61 | €70 | +€8 | +13.3% |
| Recurring financial charges | 65 | €61 | €70 | +€8 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €10,975 | €27,345 | +€16,370 | +149% |
| Income taxes | 67/77 | €4,101 | €8,780 | +€4,680 | +114% |
| Profit (loss) for the period | 9904 | €6,875 | €18,565 | +€11,690 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €6,875 | €18,565 | +€11,690 | +170% |
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 14 October 2026 via checked.be.