Management, Innovation & Technology 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.
Management, Innovation & Technology Consulting
Largest movements
- Tangible fixed assets -€55,596
down €55,596 (-33.6%), from €165,643 to €110,046
of which Furniture and vehicles: -€55,117
- Cash -€4,642
down €4,642 (-91.7%), from €5,063 to €421
mainly Net result for the year (-€63,796) and Current portion of long-term debt (-€37,392)
- Profit (loss) carried forward -€63,796
down €63,796 (-21.2%), from -€300,710 to -€364,506
- Other debts +€59,886
up €59,886 (+24.1%), from €248,994 to €308,880
- Current portion of long-term debt -€37,392
down €37,392 (-66.3%), from €56,356 to €18,964
- Debts after one year -€18,964
down €18,964 (-100.0%), from €18,964 to €0
- Gross operating margin -€20,342
down €20,342, from €13,446 to -€6,895
- Financial charges -€843
down €843 (-51.8%), from €1,627 to €784
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,706 | €110,616 | -€60,090 | -35.2% |
| Fixed assets | 21/28 | €165,643 | €110,046 | -€55,596 | -33.6% |
| Tangible fixed assets | 22/27 | €165,643 | €110,046 | -€55,596 | -33.6% |
| Plant, machinery and equipment | 23 | €767 | €288 | -€479 | -62.5% |
| Furniture and vehicles | 24 | €164,876 | €109,758 | -€55,117 | -33.4% |
| Current assets | 29/58 | €5,063 | €570 | -€4,493 | -88.7% |
| Cash at bank and in hand | 54/58 | €5,063 | €421 | -€4,642 | -91.7% |
| Deferred charges and accrued income | 490/1 | €0 | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €170,706 | €110,616 | -€60,090 | -35.2% |
| Equity | 10/15 | -€153,710 | -€217,506 | -€63,796 | -41.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €127,000 | €127,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €127,000 | €127,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€300,710 | -€364,506 | -€63,796 | -21.2% |
| Amounts payable | 17/49 | €324,415 | €328,122 | +€3,706 | +1.1% |
| Amounts payable after more than one year | 17 | €18,964 | €0 | -€18,964 | -100.0% |
| Financial debts | 170/4 | €18,964 | €0 | -€18,964 | -100.0% |
| Amounts payable within one year | 42/48 | €305,451 | €328,122 | +€22,670 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €56,356 | €18,964 | -€37,392 | -66.3% |
| Trade debts | 44 | €101 | €277 | +€176 | +174.5% |
| Suppliers | 440/4 | €101 | €277 | +€176 | +174.5% |
| Other amounts payable | 47/48 | €248,994 | €308,880 | +€59,886 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,596 | €55,596 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | €13,446 | -€6,895 | -€20,342 | |
| Operating profit (loss) | 9901 | -€42,537 | -€63,011 | -€20,474 | -48.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,627 | €784 | -€843 | -51.8% |
| Recurring financial charges | 65 | €1,627 | €784 | -€843 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€44,165 | -€63,796 | -€19,631 | -44.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€44,165 | -€63,796 | -€19,631 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,165 | -€63,796 | -€19,631 | -44.5% |
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 12 October 2026 via checked.be.