IVY 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.
IVY CONSULTANCY
Largest movements
- Tangible fixed assets +€20,415
up €20,415 (+1,972%), from €1,035 to €21,451
- Cash -€5,964
down €5,964 (-9.4%), from €63,510 to €57,547
mainly Other debts (-€87,342) and Investment in fixed assets (net) (-€23,126)
- Deferred charges and accrued income +€5,431
new in 2025: €5,431
- Receivables within one year -€2,327
down €2,327 (-6.7%), from €34,684 to €32,357
of which Other amounts receivable: -€1,837
- Reserves +€91,442
new in 2025: €91,442
- Other debts -€87,342
down €87,342 (-99.6%), from €87,688 to €346
- Tax, wage and social debts +€10,508
up €10,508 (+158%), from €6,636 to €17,144
of which Taxes: +€7,608
- Trade debts +€2,960
up €2,960 (+212%), from €1,393 to €4,353
- Gross operating margin +€11,005
up €11,005 (+10.1%), from €108,524 to €119,529
- Financial income -€5,289
down €5,289 (-97.4%), from €5,433 to €144
- Depreciation +€1,614
up €1,614 (+147%), from €1,097 to €2,710
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 | €99,230 | €116,785 | +€17,555 | +17.7% |
| Fixed assets | 21/28 | €1,035 | €21,451 | +€20,415 | +1,972% |
| Tangible fixed assets | 22/27 | €1,035 | €21,451 | +€20,415 | +1,972% |
| Furniture and vehicles | 24 | €1,035 | €21,451 | +€20,415 | +1,972% |
| Current assets | 29/58 | €98,195 | €95,335 | -€2,860 | -2.9% |
| Amounts receivable within one year | 40/41 | €34,684 | €32,357 | -€2,327 | -6.7% |
| Trade receivables | 40 | €20,606 | €20,116 | -€490 | -2.4% |
| Other amounts receivable | 41 | €14,078 | €12,241 | -€1,837 | -13.0% |
| Cash at bank and in hand | 54/58 | €63,510 | €57,547 | -€5,964 | -9.4% |
| Deferred charges and accrued income | 490/1 | - | €5,431 | +€5,431 | |
| Total equity and liabilities | 10/49 | €99,230 | €116,785 | +€17,555 | +17.7% |
| Equity | 10/15 | €3,500 | €94,942 | +€91,442 | +2,613% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | - | €91,442 | +€91,442 | |
| Distributable reserves | 133 | - | €91,442 | +€91,442 | |
| Amounts payable | 17/49 | €95,730 | €21,843 | -€73,887 | -77.2% |
| Amounts payable within one year | 42/48 | €95,717 | €21,843 | -€73,874 | -77.2% |
| Trade debts | 44 | €1,393 | €4,353 | +€2,960 | +212% |
| Suppliers | 440/4 | €1,393 | €4,353 | +€2,960 | +212% |
| Taxes, remuneration and social security | 45 | €6,636 | €17,144 | +€10,508 | +158% |
| Taxes | 450/3 | €6,636 | €14,244 | +€7,608 | +115% |
| Remuneration and social security | 454/9 | - | €2,900 | +€2,900 | |
| Other amounts payable | 47/48 | €87,688 | €346 | -€87,342 | -99.6% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,097 | €2,710 | +€1,614 | +147% |
| Other operating charges | 640/8 | €654 | €544 | -€110 | -16.8% |
| Gross operating margin | 9900 | €108,524 | €119,529 | +€11,005 | +10.1% |
| Operating profit (loss) | 9901 | €106,774 | €116,275 | +€9,501 | +8.9% |
| Financial income | 75/76B | €5,433 | €144 | -€5,289 | -97.4% |
| Recurring financial income | 75 | €5,433 | €144 | -€5,289 | -97.4% |
| Financial charges | 65/66B | €818 | €529 | -€289 | -35.4% |
| Recurring financial charges | 65 | €818 | €529 | -€289 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €111,388 | €115,890 | +€4,501 | +4.0% |
| Income taxes | 67/77 | €23,700 | €24,447 | +€747 | +3.2% |
| Profit (loss) for the period | 9904 | €87,688 | €91,442 | +€3,754 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €87,688 | €91,442 | +€3,754 | +4.3% |
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.