Ivens 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.
Ivens Consultancy
Largest movements
- Tangible fixed assets +€11,724
up €11,724 (+401%), from €2,923 to €14,648
of which Furniture and vehicles: +€8,058
- Receivables within one year -€5,445
down €5,445 (-40.9%), from €13,310 to €7,865
- Cash +€2,667
new in 2025: €2,667
mainly Receivables within one year (+€5,445) and Net result for the year (+€3,439)
- Deferred charges and accrued income -€909
down €909 (-23.1%), from €3,940 to €3,031
- Reserves +€3,439
up €3,439 (+106%), from €3,253 to €6,691
- Other debts +€2,024
up €2,024 (+49.6%), from €4,080 to €6,104
- Trade debts +€1,180
up €1,180 (+177%), from €667 to €1,847
- Tax, wage and social debts +€948
up €948 (+18.5%), from €5,131 to €6,079
- Current portion of long-term debt +€639
up €639 (+34.6%), from €1,849 to €2,488
- Gross operating margin +€981
up €981 (+12.3%), from €7,959 to €8,940
- Financial charges +€640
up €640 (+27.6%), from €2,320 to €2,960
- Depreciation +€396
up €396 (+51.5%), from €768 to €1,164
- Other operating charges -€218
down €218 (-56.4%), from €387 to €169
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 | €20,230 | €28,210 | +€7,979 | +39.4% |
| Formation expenses | 20 | €57 | €0 | -€57 | -100% |
| Fixed assets | 21/28 | €2,923 | €14,648 | +€11,724 | +401% |
| Tangible fixed assets | 22/27 | €2,923 | €14,648 | +€11,724 | +401% |
| Land and buildings | 22 | €1,052 | €4,719 | +€3,667 | +348% |
| Furniture and vehicles | 24 | €1,871 | €9,928 | +€8,058 | +431% |
| Current assets | 29/58 | €17,250 | €13,562 | -€3,688 | -21.4% |
| Amounts receivable within one year | 40/41 | €13,310 | €7,865 | -€5,445 | -40.9% |
| Trade receivables | 40 | €13,310 | €7,865 | -€5,445 | -40.9% |
| Cash at bank and in hand | 54/58 | - | €2,667 | +€2,667 | |
| Deferred charges and accrued income | 490/1 | €3,940 | €3,031 | -€909 | -23.1% |
| Total equity and liabilities | 10/49 | €20,230 | €28,210 | +€7,979 | +39.4% |
| Equity | 10/15 | €8,253 | €11,691 | +€3,439 | +41.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,253 | €6,691 | +€3,439 | +106% |
| Distributable reserves | 133 | €3,253 | €6,691 | +€3,439 | +106% |
| Amounts payable | 17/49 | €11,978 | €16,518 | +€4,541 | +37.9% |
| Amounts payable within one year | 42/48 | €11,727 | €16,518 | +€4,791 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €1,849 | €2,488 | +€639 | +34.6% |
| Trade debts | 44 | €667 | €1,847 | +€1,180 | +177% |
| Suppliers | 440/4 | €667 | €1,847 | +€1,180 | +177% |
| Taxes, remuneration and social security | 45 | €5,131 | €6,079 | +€948 | +18.5% |
| Taxes | 450/3 | €5,131 | €6,079 | +€948 | +18.5% |
| Other amounts payable | 47/48 | €4,080 | €6,104 | +€2,024 | +49.6% |
| Accrued charges and deferred income | 492/3 | €251 | €0 | -€251 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €768 | €1,164 | +€396 | +51.5% |
| Other operating charges | 640/8 | €387 | €169 | -€218 | -56.4% |
| Gross operating margin | 9900 | €7,959 | €8,940 | +€981 | +12.3% |
| Operating profit (loss) | 9901 | €6,803 | €7,607 | +€804 | +11.8% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,320 | €2,960 | +€640 | +27.6% |
| Recurring financial charges | 65 | €2,320 | €2,960 | +€640 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €4,484 | €4,662 | +€179 | +4.0% |
| Income taxes | 67/77 | €1,231 | €1,224 | -€7 | -0.6% |
| Profit (loss) for the period | 9904 | €3,253 | €3,439 | +€186 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,253 | €3,439 | +€186 | +5.7% |
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 23 October 2026 via checked.be.