D & V MANAGEMENT CONSULTING: 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 & V MANAGEMENT CONSULTING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€11,839
down €11,839 (-17.2%), from €68,966 to €57,126
- Other operating charges -€7,023
down €7,023 (-72.6%), from €9,674 to €2,651
- Depreciation +€5,937
up €5,937 (+47.1%), from €12,613 to €18,550
- Taxes -€1,681
down €1,681 (-14.5%), from €11,595 to €9,914
- Financial charges -€931
down €931 (-43.0%), from €2,166 to €1,235
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 | €5,243,419 | €5,251,925 | +€8,507 | +0.2% |
| Fixed assets | 21/28 | €5,190,236 | €5,222,608 | +€32,372 | +0.6% |
| Tangible fixed assets | 22/27 | €36,886 | €69,258 | +€32,372 | +87.8% |
| Plant, machinery and equipment | 23 | €4,407 | €6,762 | +€2,355 | +53.4% |
| Furniture and vehicles | 24 | €1,948 | €41,927 | +€39,978 | +2,052% |
| Other tangible fixed assets | 26 | €30,530 | €20,569 | -€9,961 | -32.6% |
| Financial fixed assets | 28 | €5,153,350 | €5,153,350 | = | 0.0% |
| Current assets | 29/58 | €53,183 | €29,318 | -€23,866 | -44.9% |
| Amounts receivable within one year | 40/41 | €37,212 | €14,017 | -€23,195 | -62.3% |
| Trade receivables | 40 | €25,208 | €7,945 | -€17,263 | -68.5% |
| Other amounts receivable | 41 | €12,004 | €6,072 | -€5,932 | -49.4% |
| Cash at bank and in hand | 54/58 | €15,971 | €15,301 | -€671 | -4.2% |
| Total equity and liabilities | 10/49 | €5,243,419 | €5,251,925 | +€8,507 | +0.2% |
| Equity | 10/15 | €5,155,244 | €5,180,203 | +€24,959 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,149,044 | €5,174,003 | +€24,959 | +0.5% |
| Distributable reserves | 133 | €5,149,044 | €5,174,003 | +€24,959 | +0.5% |
| Amounts payable | 17/49 | €88,175 | €71,722 | -€16,452 | -18.7% |
| Amounts payable within one year | 42/48 | €88,175 | €71,722 | -€16,452 | -18.7% |
| Trade debts | 44 | €334 | €307 | -€27 | -8.2% |
| Suppliers | 440/4 | €334 | €307 | -€27 | -8.2% |
| Taxes, remuneration and social security | 45 | €13,103 | €8,189 | -€4,914 | -37.5% |
| Taxes | 450/3 | €13,103 | €8,189 | -€4,914 | -37.5% |
| Other amounts payable | 47/48 | €74,738 | €63,226 | -€11,511 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,613 | €18,550 | +€5,937 | +47.1% |
| Other operating charges | 640/8 | €9,674 | €2,651 | -€7,023 | -72.6% |
| Non-recurring operating charges | 66A | €2,190 | - | -€2,190 | |
| Gross operating margin | 9900 | €68,966 | €57,126 | -€11,839 | -17.2% |
| Operating profit (loss) | 9901 | €44,488 | €35,925 | -€8,563 | -19.2% |
| Financial income | 75/76B | €352 | €183 | -€169 | -48.0% |
| Recurring financial income | 75 | €352 | €183 | -€169 | -48.0% |
| Financial charges | 65/66B | €2,166 | €1,235 | -€931 | -43.0% |
| Recurring financial charges | 65 | €2,166 | €1,235 | -€931 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €42,674 | €34,873 | -€7,801 | -18.3% |
| Income taxes | 67/77 | €11,595 | €9,914 | -€1,681 | -14.5% |
| Profit (loss) for the period | 9904 | €31,079 | €24,959 | -€6,120 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,079 | €24,959 | -€6,120 | -19.7% |
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 19 October 2026 via checked.be.