D&I CONSULT: 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.
D&I CONSULT
Largest movements
- Tangible fixed assets +€33,395
up €33,395 (+103%), from €32,274 to €65,669
of which Furniture and vehicles: +€32,884
- Cash -€32,596
down €32,596 (-62.5%), from €52,173 to €19,577
mainly Investment in fixed assets (net) (-€52,667) and Other debts (-€30,368)
- Stocks and contracts +€25,000
new in 2025: €25,000
- Receivables within one year -€21,577
down €21,577 (-17.4%), from €124,005 to €102,428
of which Other amounts receivable: -€35,584
- Deferred charges and accrued income -€18,306
no longer reported in 2025 (was €18,306)
- Other debts -€30,368
no longer reported in 2025 (was €30,368)
- Debts after one year +€19,187
up €19,187 (+189%), from €10,156 to €29,342
- Trade debts -€16,234
down €16,234 (-90.4%), from €17,965 to €1,731
- Current portion of long-term debt +€11,998
up €11,998 (+135%), from €8,915 to €20,913
- Reserves +€2,983
up €2,983 (+3.0%), from €99,116 to €102,099
of which Distributable reserves: +€2,983
- Gross operating margin -€53,809
down €53,809 (-70.3%), from €76,511 to €22,702
- Taxes -€32,655
down €32,655 (-99.1%), from €32,954 to €298
- Depreciation +€7,792
up €7,792 (+67.9%), from €11,481 to €19,272
- Other operating charges -€2,827
down €2,827 (-83.1%), from €3,401 to €574
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 | €226,988 | €212,904 | -€14,084 | -6.2% |
| Fixed assets | 21/28 | €32,504 | €65,899 | +€33,395 | +103% |
| Tangible fixed assets | 22/27 | €32,274 | €65,669 | +€33,395 | +103% |
| Plant, machinery and equipment | 23 | €594 | €1,104 | +€511 | +86.0% |
| Furniture and vehicles | 24 | €31,681 | €64,565 | +€32,884 | +104% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €194,484 | €147,005 | -€47,479 | -24.4% |
| Stocks and contracts in progress | 3 | - | €25,000 | +€25,000 | |
| Contracts in progress | 37 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €124,005 | €102,428 | -€21,577 | -17.4% |
| Trade receivables | 40 | €11,937 | €25,945 | +€14,007 | +117% |
| Other amounts receivable | 41 | €112,068 | €76,483 | -€35,584 | -31.8% |
| Cash at bank and in hand | 54/58 | €52,173 | €19,577 | -€32,596 | -62.5% |
| Deferred charges and accrued income | 490/1 | €18,306 | - | -€18,306 | |
| Total equity and liabilities | 10/49 | €226,988 | €212,904 | -€14,084 | -6.2% |
| Equity | 10/15 | €105,316 | €108,299 | +€2,983 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,116 | €102,099 | +€2,983 | +3.0% |
| Tax-exempt reserves | 132 | €4,513 | €4,513 | = | 0.0% |
| Distributable reserves | 133 | €94,602 | €97,586 | +€2,983 | +3.2% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €81,673 | €64,605 | -€17,067 | -20.9% |
| Amounts payable after more than one year | 17 | €10,156 | €29,342 | +€19,187 | +189% |
| Financial debts | 170/4 | €10,156 | €29,342 | +€19,187 | +189% |
| Amounts payable within one year | 42/48 | €71,517 | €34,743 | -€36,774 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €8,915 | €20,913 | +€11,998 | +135% |
| Trade debts | 44 | €17,965 | €1,731 | -€16,234 | -90.4% |
| Suppliers | 440/4 | €17,965 | €1,731 | -€16,234 | -90.4% |
| Taxes, remuneration and social security | 45 | €14,268 | €12,098 | -€2,170 | -15.2% |
| Taxes | 450/3 | €14,268 | €7,098 | -€7,170 | -50.3% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €30,368 | - | -€30,368 | |
| Accrued charges and deferred income | 492/3 | - | €520 | +€520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,481 | €19,272 | +€7,792 | +67.9% |
| Other operating charges | 640/8 | €3,401 | €574 | -€2,827 | -83.1% |
| Gross operating margin | 9900 | €76,511 | €22,702 | -€53,809 | -70.3% |
| Operating profit (loss) | 9901 | €61,630 | €2,856 | -€58,774 | -95.4% |
| Financial income | 75/76B | €2,413 | €2,363 | -€50 | -2.1% |
| Recurring financial income | 75 | €2,413 | €2,363 | -€50 | -2.1% |
| Financial charges | 65/66B | €1,727 | €1,937 | +€211 | +12.2% |
| Recurring financial charges | 65 | €1,727 | €1,937 | +€211 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €62,317 | €3,282 | -€59,035 | -94.7% |
| Income taxes | 67/77 | €32,954 | €298 | -€32,655 | -99.1% |
| Profit (loss) for the period | 9904 | €29,363 | €2,983 | -€26,379 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,363 | €2,983 | -€26,379 | -89.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.