D-KONSULD: 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-KONSULD
Largest movements
- Cash +€60,242
up €60,242 (+42.1%), from €142,989 to €203,231
mainly Net result for the year (+€86,877) and Trade debts (+€41,643)
- Receivables within one year -€19,313
down €19,313 (-87.0%), from €22,209 to €2,896
of which Trade receivables: -€16,811
- Trade debts +€41,643
up €41,643 (+2,928%), from €1,422 to €43,065
- Other debts +€27,089
up €27,089 (+113%), from €24,011 to €51,101
- Debts after one year -€18,000
down €18,000 (-20.0%), from €90,000 to €72,000
- Reserves -€16,123
down €16,123 (-5.8%), from €280,143 to €264,020
of which Distributable reserves: -€16,123
- Tax, wage and social debts +€8,317
up €8,317 (+53.7%), from €15,485 to €23,802
- Gross operating margin -€33,812
down €33,812 (-21.3%), from €158,412 to €124,599
- Taxes -€8,965
down €8,965 (-30.7%), from €29,192 to €20,227
- Financial charges -€2,329
down €2,329 (-35.9%), from €6,488 to €4,159
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 | €441,461 | €484,388 | +€42,926 | +9.7% |
| Fixed assets | 21/28 | €265,587 | €265,891 | +€304 | +0.1% |
| Tangible fixed assets | 22/27 | €265,337 | €265,641 | +€304 | +0.1% |
| Land and buildings | 22 | €237,000 | €231,000 | -€6,000 | -2.5% |
| Plant, machinery and equipment | 23 | €28,197 | €31,711 | +€3,515 | +12.5% |
| Furniture and vehicles | 24 | €141 | €2,930 | +€2,789 | +1,980% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €175,874 | €218,497 | +€42,623 | +24.2% |
| Amounts receivable after more than one year | 29 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Other amounts receivable | 291 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €22,209 | €2,896 | -€19,313 | -87.0% |
| Trade receivables | 40 | €17,545 | €734 | -€16,811 | -95.8% |
| Other amounts receivable | 41 | €4,664 | €2,162 | -€2,502 | -53.6% |
| Cash at bank and in hand | 54/58 | €142,989 | €203,231 | +€60,242 | +42.1% |
| Deferred charges and accrued income | 490/1 | €4,675 | €8,369 | +€3,694 | +79.0% |
| Total equity and liabilities | 10/49 | €441,461 | €484,388 | +€42,926 | +9.7% |
| Equity | 10/15 | €292,543 | €276,420 | -€16,123 | -5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €280,143 | €264,020 | -€16,123 | -5.8% |
| Tax-exempt reserves | 132 | €548 | €548 | = | 0.0% |
| Distributable reserves | 133 | €279,595 | €263,472 | -€16,123 | -5.8% |
| Amounts payable | 17/49 | €148,918 | €207,968 | +€59,049 | +39.7% |
| Amounts payable after more than one year | 17 | €90,000 | €72,000 | -€18,000 | -20.0% |
| Financial debts | 170/4 | €90,000 | €72,000 | -€18,000 | -20.0% |
| Amounts payable within one year | 42/48 | €58,918 | €135,968 | +€77,049 | +131% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €1,422 | €43,065 | +€41,643 | +2,928% |
| Suppliers | 440/4 | €1,422 | €43,065 | +€41,643 | +2,928% |
| Taxes, remuneration and social security | 45 | €15,485 | €23,802 | +€8,317 | +53.7% |
| Taxes | 450/3 | €15,485 | €23,802 | +€8,317 | +53.7% |
| Other amounts payable | 47/48 | €24,011 | €51,101 | +€27,089 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,597 | €11,515 | +€918 | +8.7% |
| Other operating charges | 640/8 | €3,224 | €3,145 | -€79 | -2.5% |
| Gross operating margin | 9900 | €158,412 | €124,599 | -€33,812 | -21.3% |
| Operating profit (loss) | 9901 | €144,591 | €109,939 | -€34,651 | -24.0% |
| Financial income | 75/76B | €1,191 | €1,324 | +€133 | +11.1% |
| Recurring financial income | 75 | €1,191 | €1,324 | +€133 | +11.1% |
| Financial charges | 65/66B | €6,488 | €4,159 | -€2,329 | -35.9% |
| Recurring financial charges | 65 | €6,488 | €4,159 | -€2,329 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €139,293 | €107,104 | -€32,190 | -23.1% |
| Income taxes | 67/77 | €29,192 | €20,227 | -€8,965 | -30.7% |
| Profit (loss) for the period | 9904 | €110,101 | €86,877 | -€23,224 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,101 | €86,877 | -€23,224 | -21.1% |
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 18 October 2026 via checked.be.