D TAX 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 TAX CONSULT
Largest movements
- Cash +€118,410
up €118,410 (+221%), from €53,464 to €171,874
mainly Other debts (+€121,200) and Net result for the year (+€25,789)
- Receivables within one year +€9,024
up €9,024 (+39.8%), from €22,701 to €31,725
- Tangible fixed assets +€8,299
up €8,299 (+25.9%), from €32,087 to €40,386
of which Assets under construction and advance payments: +€32,500
- Other debts +€121,200
up €121,200 (+623%), from €19,469 to €140,669
- Profit (loss) carried forward +€25,789
up €25,789 (+57.6%), from €44,766 to €70,554
- Debts after one year -€6,996
no longer reported in 2026 (was €6,996)
- Current portion of long-term debt -€6,382
down €6,382 (-47.7%), from €13,378 to €6,996
- Tax, wage and social debts +€6,059
up €6,059 (+28.3%), from €21,439 to €27,498
of which Taxes: +€5,043
- Staff costs +€23,371
up €23,371 (+747%), from €3,129 to €26,500
- Gross operating margin +€17,003
up €17,003 (+24.2%), from €70,150 to €87,153
- Depreciation -€2,141
down €2,141 (-8.1%), from €26,341 to €24,201
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,903 | €247,875 | +€136,972 | +124% |
| Fixed assets | 21/28 | €32,987 | €41,286 | +€8,299 | +25.2% |
| Tangible fixed assets | 22/27 | €32,087 | €40,386 | +€8,299 | +25.9% |
| Plant, machinery and equipment | 23 | €1,045 | €281 | -€764 | -73.1% |
| Furniture and vehicles | 24 | €28,593 | €7,605 | -€20,988 | -73.4% |
| Other tangible fixed assets | 26 | €2,449 | - | -€2,449 | |
| Assets under construction and advance payments | 27 | - | €32,500 | +€32,500 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €77,916 | €206,589 | +€128,673 | +165% |
| Amounts receivable within one year | 40/41 | €22,701 | €31,725 | +€9,024 | +39.8% |
| Trade receivables | 40 | €22,701 | €31,725 | +€9,024 | +39.8% |
| Cash at bank and in hand | 54/58 | €53,464 | €171,874 | +€118,410 | +221% |
| Deferred charges and accrued income | 490/1 | €1,752 | €2,990 | +€1,239 | +70.7% |
| Total equity and liabilities | 10/49 | €110,903 | €247,875 | +€136,972 | +124% |
| Equity | 10/15 | €44,767 | €70,555 | +€25,789 | +57.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Contributions outside capital | 11 | €1 | €1 | = | 0.0% |
| Other | 1109/19 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,766 | €70,554 | +€25,789 | +57.6% |
| Amounts payable | 17/49 | €66,136 | €177,320 | +€111,183 | +168% |
| Amounts payable after more than one year | 17 | €6,996 | - | -€6,996 | |
| Financial debts | 170/4 | €6,996 | - | -€6,996 | |
| Amounts payable within one year | 42/48 | €59,140 | €177,320 | +€118,180 | +200% |
| Current portion of amounts payable after more than one year | 42 | €13,378 | €6,996 | -€6,382 | -47.7% |
| Trade debts | 44 | €4,853 | €2,156 | -€2,697 | -55.6% |
| Suppliers | 440/4 | €4,853 | €2,156 | -€2,697 | -55.6% |
| Taxes, remuneration and social security | 45 | €21,439 | €27,498 | +€6,059 | +28.3% |
| Taxes | 450/3 | €17,546 | €22,589 | +€5,043 | +28.7% |
| Remuneration and social security | 454/9 | €3,893 | €4,908 | +€1,016 | +26.1% |
| Other amounts payable | 47/48 | €19,469 | €140,669 | +€121,200 | +623% |
| Remuneration, social security and pensions | 62 | €3,129 | €26,500 | +€23,371 | +747% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,341 | €24,201 | -€2,141 | -8.1% |
| Other operating charges | 640/8 | €2,198 | €1,546 | -€652 | -29.7% |
| Gross operating margin | 9900 | €70,150 | €87,153 | +€17,003 | +24.2% |
| Operating profit (loss) | 9901 | €38,481 | €34,906 | -€3,575 | -9.3% |
| Financial income | 75/76B | €834 | €828 | -€5 | -0.6% |
| Recurring financial income | 75 | €834 | €828 | -€5 | -0.6% |
| Financial charges | 65/66B | €1,904 | €1,883 | -€21 | -1.1% |
| Recurring financial charges | 65 | €1,904 | €1,883 | -€21 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €37,410 | €33,852 | -€3,558 | -9.5% |
| Income taxes | 67/77 | €8,396 | €8,063 | -€333 | -4.0% |
| Profit (loss) for the period | 9904 | €29,015 | €25,789 | -€3,226 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,015 | €25,789 | -€3,226 | -11.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.