iumhs: what changed
Two fiscal 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.
What changed
iumhs
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€29,466
2024 · -€48,143+€77,609
Equity
-€13,678
2024 · €6,857-€20,534
Cash
€1,999
2024 · €0+€1,999
Balance sheet total
€5,931
2024 · €34,253-€28,322
Largest movements
Assets
- Receivables within one year -€31,315
down €31,315 (-94.6%), from €33,105 to €1,791
of which Other amounts receivable: -€25,623
- Cash +€1,999
up €1,999, from €0 to €1,999
mainly Receivables within one year (+€31,315) and Net result for the year (+€29,466)
- Tangible fixed assets +€1,253
up €1,253 (+141.0%), from €888 to €2,141
of which Furniture and vehicles: +€2,141
Equity and liabilities
- Investment grants -€50,000
no longer reported in 2025 (was €50,000)
- Profit (loss) carried forward +€29,466
up €29,466 (+61.2%), from -€48,143 to -€18,678
- Trade debts -€6,404
no longer reported in 2025 (was €6,404)
of which Suppliers: -€6,404
- Short-term financial debts -€2,267
no longer reported in 2025 (was €2,267)
of which Credit institutions: -€2,267
- Other debts +€572
up €572 (+3.1%), from €18,725 to €19,297
Income statement
- Gross operating margin +€59,063
up €59,063, from -€28,164 to €30,899
- Purchases and services -€40,817
no longer reported in 2025 (was €40,817)
- Staff costs -€18,386
no longer reported in 2025 (was €18,386)
- Turnover -€12,654
no longer reported in 2025 (was €12,654)
- Other operating charges -€1,021
no longer reported in 2025 (was €1,021)
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.
Result 2024
-€48,143
Gross operating margin
+€59,063
Staff costs
+€18,386
Depreciation
-€944
Other operating charges
+€1,021
Financial income
+€0
Financial charges
+€82
Result 2025
€29,466
Cash bridge derived
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.
From operations
+€56,456
Investment
-€2,191
Financing
-€52,267
Cash 2024
€0
From operations (derived)
+€56,456
Net result for the year
+€29,466
Depreciation
+€1,197
Receivables within one year
+€31,315
Trade debts
-€6,404
Tax, wage and social debts
+€311
Other debts
+€572
Investment (derived)
-€2,191
Investment in fixed assets (net)
-€2,191
Financing
-€52,267
Short-term financial debts
-€2,267
Contributions, distributions and other
-€50,000
Cash 2025
€1,999
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,253 | €5,931 | -€28,322 | -82.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,147 | €2,141 | +€994 | +86.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €888 | €2,141 | +€1,253 | +141.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €888 | - | -€888 | |
| Furniture and vehicles | 24 | €0 | €2,141 | +€2,141 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €259 | - | -€259 | |
| Current assets | 29/58 | €33,105 | €3,790 | -€29,316 | -88.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €33,105 | €1,791 | -€31,315 | -94.6% |
| Trade receivables | 40 | €7,482 | €1,791 | -€5,691 | -76.1% |
| Other amounts receivable | 41 | €25,623 | - | -€25,623 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | €1,999 | +€1,999 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €34,253 | €5,931 | -€28,322 | -82.7% |
| Equity | 10/15 | €6,857 | -€13,678 | -€20,534 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€48,143 | -€18,678 | +€29,466 | +61.2% |
| Investment grants | 15 | €50,000 | - | -€50,000 | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €27,396 | €19,608 | -€7,788 | -28.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €27,396 | €19,608 | -€7,788 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €2,267 | - | -€2,267 | |
| Credit institutions | 430/8 | €2,267 | - | -€2,267 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €6,404 | - | -€6,404 | |
| Suppliers | 440/4 | €6,404 | - | -€6,404 | |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €311 | +€311 | |
| Taxes | 450/3 | €0 | €311 | +€311 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €18,725 | €19,297 | +€572 | +3.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €12,654 | - | -€12,654 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,817 | - | -€40,817 | |
| Remuneration, social security and pensions | 62 | €18,386 | - | -€18,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €1,197 | +€944 | +371.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,021 | - | -€1,021 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€28,164 | €30,899 | +€59,063 | |
| Operating profit (loss) | 9901 | -€47,824 | €29,702 | +€77,526 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €319 | €237 | -€82 | -25.8% |
| Recurring financial charges | 65 | €0 | €237 | +€237 | |
| Non-recurring financial charges | 66B | €319 | - | -€319 | |
| Profit (loss) for the period before taxes | 9903 | -€48,143 | €29,466 | +€77,609 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€48,143 | €29,466 | +€77,609 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,143 | €29,466 | +€77,609 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.