D.Vc 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.Vc Consulting
Largest movements
- Cash -€81,883
down €81,883 (-50.1%), from €163,456 to €81,573
mainly Investment in fixed assets (net) (-€40,587) and Debts after one year (-€18,192)
- Financial fixed assets +€54,000
up €54,000 (+90,000%), from €60 to €54,060
- Tangible fixed assets -€25,763
down €25,763 (-32.8%), from €78,557 to €52,793
of which Furniture and vehicles: -€17,302
- Receivables within one year +€16,568
up €16,568 (+13.2%), from €125,330 to €141,898
of which Other amounts receivable: +€33,516
- Debts after one year -€18,192
down €18,192 (-30.7%), from €59,229 to €41,037
- Trade debts -€15,749
down €15,749 (-22.8%), from €69,145 to €53,396
- Tax, wage and social debts -€14,459
down €14,459 (-14.8%), from €97,821 to €83,361
of which Taxes: -€18,590
- Reserves +€12,578
up €12,578 (+10.3%), from €122,535 to €135,113
- Gross operating margin -€47,801
down €47,801 (-24.5%), from €195,035 to €147,234
- Taxes -€11,608
down €11,608 (-43.5%), from €26,710 to €15,102
- Staff costs +€3,667
up €3,667 (+4.2%), from €88,310 to €91,977
- Financial income +€2,285
up €2,285 (+841%), from €272 to €2,556
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 | €371,168 | €336,099 | -€35,069 | -9.4% |
| Fixed assets | 21/28 | €78,617 | €106,853 | +€28,237 | +35.9% |
| Tangible fixed assets | 22/27 | €78,557 | €52,793 | -€25,763 | -32.8% |
| Furniture and vehicles | 24 | €31,831 | €14,529 | -€17,302 | -54.4% |
| Leasing and similar rights | 25 | €46,726 | €36,889 | -€9,837 | -21.1% |
| Other tangible fixed assets | 26 | - | €1,375 | +€1,375 | |
| Financial fixed assets | 28 | €60 | €54,060 | +€54,000 | +90,000% |
| Current assets | 29/58 | €292,551 | €229,246 | -€63,305 | -21.6% |
| Amounts receivable within one year | 40/41 | €125,330 | €141,898 | +€16,568 | +13.2% |
| Trade receivables | 40 | €94,739 | €77,791 | -€16,948 | -17.9% |
| Other amounts receivable | 41 | €30,591 | €64,107 | +€33,516 | +110% |
| Cash at bank and in hand | 54/58 | €163,456 | €81,573 | -€81,883 | -50.1% |
| Deferred charges and accrued income | 490/1 | €3,766 | €5,775 | +€2,010 | +53.4% |
| Total equity and liabilities | 10/49 | €371,168 | €336,099 | -€35,069 | -9.4% |
| Equity | 10/15 | €127,535 | €140,113 | +€12,578 | +9.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €122,535 | €135,113 | +€12,578 | +10.3% |
| Distributable reserves | 133 | €122,535 | €135,113 | +€12,578 | +10.3% |
| Amounts payable | 17/49 | €243,632 | €195,986 | -€47,646 | -19.6% |
| Amounts payable after more than one year | 17 | €59,229 | €41,037 | -€18,192 | -30.7% |
| Financial debts | 170/4 | €59,229 | €41,037 | -€18,192 | -30.7% |
| Amounts payable within one year | 42/48 | €184,403 | €154,950 | -€29,454 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €17,438 | €18,192 | +€754 | +4.3% |
| Trade debts | 44 | €69,145 | €53,396 | -€15,749 | -22.8% |
| Suppliers | 440/4 | €69,145 | €53,396 | -€15,749 | -22.8% |
| Taxes, remuneration and social security | 45 | €97,821 | €83,361 | -€14,459 | -14.8% |
| Taxes | 450/3 | €79,028 | €60,438 | -€18,590 | -23.5% |
| Remuneration and social security | 454/9 | €18,793 | €22,923 | +€4,131 | +22.0% |
| Remuneration, social security and pensions | 62 | €88,310 | €91,977 | +€3,667 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,217 | €12,350 | +€1,133 | +10.1% |
| Other operating charges | 640/8 | €2,048 | €3,023 | +€975 | +47.6% |
| Non-recurring operating charges | 66A | - | €11,239 | +€11,239 | |
| Gross operating margin | 9900 | €195,035 | €147,234 | -€47,801 | -24.5% |
| Operating profit (loss) | 9901 | €93,460 | €28,645 | -€64,815 | -69.4% |
| Financial income | 75/76B | €272 | €2,556 | +€2,285 | +841% |
| Recurring financial income | 75 | €272 | €2,556 | +€2,285 | +841% |
| Financial charges | 65/66B | €3,337 | €3,522 | +€185 | +5.6% |
| Recurring financial charges | 65 | €3,337 | €3,522 | +€185 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €90,395 | €27,679 | -€62,716 | -69.4% |
| Income taxes | 67/77 | €26,710 | €15,102 | -€11,608 | -43.5% |
| Profit (loss) for the period | 9904 | €63,685 | €12,578 | -€51,107 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,685 | €12,578 | -€51,107 | -80.3% |
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 28 October 2026 via checked.be.