D.K.D. 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.K.D. consult
Largest movements
- Tangible fixed assets -€30,163
down €30,163 (-5.4%), from €558,929 to €528,766
of which Land and buildings: -€23,696
- Cash +€13,412
up €13,412 (+129%), from €10,420 to €23,832
mainly Depreciation (+€30,163) and Net result for the year (+€15,104)
- Current portion of long-term debt -€34,685
down €34,685 (-100%), from €34,685 to €0
- Reserves +€15,104
up €15,104 (+10.8%), from €139,924 to €155,028
of which Distributable reserves: +€22,120
- Trade debts +€14,091
up €14,091 (+156%), from €9,040 to €23,130
- Gross operating margin +€9,933
up €9,933 (+16.3%), from €60,788 to €70,721
- Financial charges -€1,961
down €1,961 (-20.8%), from €9,424 to €7,463
- Taxes +€1,493
up €1,493 (+17.1%), from €8,736 to €10,228
- Depreciation -€1,373
down €1,373 (-4.4%), from €31,536 to €30,163
- Other operating charges +€1,170
up €1,170 (+13.0%), from €9,003 to €10,173
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 | €582,145 | €566,391 | -€15,755 | -2.7% |
| Fixed assets | 21/28 | €558,929 | €528,766 | -€30,163 | -5.4% |
| Tangible fixed assets | 22/27 | €558,929 | €528,766 | -€30,163 | -5.4% |
| Land and buildings | 22 | €533,984 | €510,288 | -€23,696 | -4.4% |
| Plant, machinery and equipment | 23 | €19,817 | €16,302 | -€3,515 | -17.7% |
| Furniture and vehicles | 24 | €5,128 | €2,176 | -€2,952 | -57.6% |
| Current assets | 29/58 | €23,216 | €37,624 | +€14,408 | +62.1% |
| Amounts receivable within one year | 40/41 | - | €575 | +€575 | |
| Trade receivables | 40 | - | €575 | +€575 | |
| Cash at bank and in hand | 54/58 | €10,420 | €23,832 | +€13,412 | +129% |
| Deferred charges and accrued income | 490/1 | €12,796 | €13,217 | +€421 | +3.3% |
| Total equity and liabilities | 10/49 | €582,145 | €566,391 | -€15,755 | -2.7% |
| Equity | 10/15 | €189,124 | €204,228 | +€15,104 | +8.0% |
| Contributions | 10/11 | €49,200 | €49,200 | = | 0.0% |
| Reserves | 13 | €139,924 | €155,028 | +€15,104 | +10.8% |
| Tax-exempt reserves | 132 | €122,120 | €115,104 | -€7,017 | -5.7% |
| Distributable reserves | 133 | €17,804 | €39,925 | +€22,120 | +124% |
| Provisions and deferred taxes | 16 | €40,707 | €38,368 | -€2,339 | -5.7% |
| Deferred taxes | 168 | €40,707 | €38,368 | -€2,339 | -5.7% |
| Amounts payable | 17/49 | €352,314 | €323,794 | -€28,519 | -8.1% |
| Amounts payable after more than one year | 17 | €262,920 | €262,920 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €262,920 | €262,920 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,285 | €56,046 | -€28,239 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €34,685 | €0 | -€34,685 | -100% |
| Trade debts | 44 | €9,040 | €23,130 | +€14,091 | +156% |
| Suppliers | 440/4 | €9,040 | €23,130 | +€14,091 | +156% |
| Taxes, remuneration and social security | 45 | €19,307 | €16,631 | -€2,676 | -13.9% |
| Taxes | 450/3 | €19,307 | €16,631 | -€2,676 | -13.9% |
| Other amounts payable | 47/48 | €21,254 | €16,284 | -€4,969 | -23.4% |
| Accrued charges and deferred income | 492/3 | €5,109 | €4,829 | -€280 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,536 | €30,163 | -€1,373 | -4.4% |
| Other operating charges | 640/8 | €9,003 | €10,173 | +€1,170 | +13.0% |
| Gross operating margin | 9900 | €60,788 | €70,721 | +€9,933 | +16.3% |
| Operating profit (loss) | 9901 | €20,250 | €30,386 | +€10,136 | +50.1% |
| Financial income | 75/76B | €109 | €71 | -€38 | -34.9% |
| Recurring financial income | 75 | €109 | €71 | -€38 | -34.9% |
| Financial charges | 65/66B | €9,424 | €7,463 | -€1,961 | -20.8% |
| Recurring financial charges | 65 | €9,424 | €7,463 | -€1,961 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €10,934 | €22,993 | +€12,059 | +110% |
| Transfer from deferred taxes | 780 | €2,339 | €2,339 | = | 0.0% |
| Income taxes | 67/77 | €8,736 | €10,228 | +€1,493 | +17.1% |
| Profit (loss) for the period | 9904 | €4,537 | €15,104 | +€10,567 | +233% |
| Transfer from tax-exempt reserves | 789 | €7,017 | €7,017 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,553 | €22,120 | +€10,567 | +91.5% |
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 27 October 2026 via checked.be.