D&S CONSULTANCY: what changed
D&S CONSULTANCY
Largest movements
- Tangible fixed assets +€44,559
up €44,559 (+1,080%), from €4,124 to €48,683
of which Furniture and vehicles: +€46,722
- Receivables within one year -€17,868
down €17,868 (-55.6%), from €32,133 to €14,266
of which Trade receivables: -€17,868
- Cash -€9,915
down €9,915 (-8.8%), from €112,758 to €102,842
mainly Investment in fixed assets (net) (-€55,767) and Contributions, distributions and other (-€11,962)
- Reserves +€21,028
up €21,028 (+43.8%), from €47,976 to €69,004
of which Distributable reserves: +€21,028
- Tax, wage and social debts -€4,837
down €4,837 (-20.4%), from €23,745 to €18,907
of which Taxes: -€4,837
- Gross operating margin -€10,511
down €10,511 (-14.4%), from €72,911 to €62,400
- Depreciation +€8,175
up €8,175 (+270%), from €3,032 to €11,207
- Taxes -€2,777
down €2,777 (-16.0%), from €17,334 to €14,557
- Other operating charges -€746
down €746 (-41.5%), from €1,796 to €1,050
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,914 | €166,775 | +€16,861 | +11.2% |
| Fixed assets | 21/28 | €4,124 | €48,683 | +€44,559 | +1,080% |
| Tangible fixed assets | 22/27 | €4,124 | €48,683 | +€44,559 | +1,080% |
| Plant, machinery and equipment | 23 | €4,124 | €1,961 | -€2,163 | -52.4% |
| Furniture and vehicles | 24 | €0 | €46,722 | +€46,722 | |
| Current assets | 29/58 | €145,790 | €118,091 | -€27,699 | -19.0% |
| Amounts receivable within one year | 40/41 | €32,133 | €14,266 | -€17,868 | -55.6% |
| Trade receivables | 40 | €32,133 | €14,266 | -€17,868 | -55.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €112,758 | €102,842 | -€9,915 | -8.8% |
| Deferred charges and accrued income | 490/1 | €899 | €983 | +€84 | +9.4% |
| Total equity and liabilities | 10/49 | €149,914 | €166,775 | +€16,861 | +11.2% |
| Equity | 10/15 | €87,976 | €109,004 | +€21,028 | +23.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €47,976 | €69,004 | +€21,028 | +43.8% |
| Non-distributable reserves | 130/1 | €795 | €795 | = | 0.0% |
| Reserves not available under the articles | 1311 | €795 | - | -€795 | |
| Other | 1319 | - | €795 | +€795 | |
| Distributable reserves | 133 | €47,181 | €68,209 | +€21,028 | +44.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €61,938 | €57,771 | -€4,168 | -6.7% |
| Amounts payable within one year | 42/48 | €59,926 | €55,994 | -€3,932 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €330 | €1,236 | +€906 | +274% |
| Suppliers | 440/4 | €330 | €1,236 | +€906 | +274% |
| Taxes, remuneration and social security | 45 | €23,745 | €18,907 | -€4,837 | -20.4% |
| Taxes | 450/3 | €21,495 | €16,657 | -€4,837 | -22.5% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €35,850 | €35,850 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,013 | €1,777 | -€236 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,032 | €11,207 | +€8,175 | +270% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,796 | €1,050 | -€746 | -41.5% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €72,911 | €62,400 | -€10,511 | -14.4% |
| Operating profit (loss) | 9901 | €68,083 | €50,142 | -€17,941 | -26.4% |
| Financial income | 75/76B | €0 | €50 | +€50 | |
| Recurring financial income | 75 | €0 | €50 | +€50 | |
| Financial charges | 65/66B | €2,975 | €2,645 | -€330 | -11.1% |
| Recurring financial charges | 65 | €2,975 | €2,645 | -€330 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €65,108 | €47,548 | -€17,561 | -27.0% |
| Income taxes | 67/77 | €17,334 | €14,557 | -€2,777 | -16.0% |
| Profit (loss) for the period | 9904 | €47,774 | €32,990 | -€14,783 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,774 | €32,990 | -€14,783 | -30.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.