D3M 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.
D3M CONSULTING
Largest movements
- Receivables after one year +€80,500
new in 2025: €80,500
- Receivables within one year -€36,122
down €36,122 (-56.2%), from €64,235 to €28,114
of which Other amounts receivable: -€60,272
- Cash -€7,144
down €7,144 (-24.3%), from €29,450 to €22,306
mainly Contributions, distributions and other (-€84,500) and Receivables after one year (-€80,500)
- Stocks and contracts +€3,819
new in 2025: €3,819
- Tangible fixed assets -€3,432
down €3,432 (-18.7%), from €18,316 to €14,884
of which Furniture and vehicles: -€2,662
- Other debts +€84,579
new in 2025: €84,579
- Accrued charges and deferred income -€59,500
no longer reported in 2025 (was €59,500)
- Current portion of long-term debt +€24,381
up €24,381 (+791%), from €3,083 to €27,464
- Trade debts -€4,337
down €4,337 (-45.0%), from €9,633 to €5,295
- Profit (loss) carried forward -€4,051
down €4,051 (-93.2%), from €4,346 to €295
- Turnover -€232,364
no longer reported in 2025 (was €232,364)
- Purchases and services -€140,651
no longer reported in 2025 (was €140,651)
- Gross operating margin +€24,429
up €24,429 (+26.6%), from €91,712 to €116,142
- Depreciation -€5,944
down €5,944 (-48.7%), from €12,194 to €6,250
- Taxes +€5,892
up €5,892 (+33.5%), from €17,586 to €23,478
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 | €113,661 | €152,182 | +€38,521 | +33.9% |
| Fixed assets | 21/28 | €18,816 | €15,384 | -€3,432 | -18.2% |
| Tangible fixed assets | 22/27 | €18,316 | €14,884 | -€3,432 | -18.7% |
| Plant, machinery and equipment | 23 | €2,747 | €1,977 | -€770 | -28.0% |
| Furniture and vehicles | 24 | €15,569 | €12,908 | -€2,662 | -17.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €94,845 | €136,798 | +€41,953 | +44.2% |
| Amounts receivable after more than one year | 29 | - | €80,500 | +€80,500 | |
| Other amounts receivable | 291 | - | €80,500 | +€80,500 | |
| Stocks and contracts in progress | 3 | - | €3,819 | +€3,819 | |
| Stocks | 30/36 | - | €3,819 | +€3,819 | |
| Amounts receivable within one year | 40/41 | €64,235 | €28,114 | -€36,122 | -56.2% |
| Trade receivables | 40 | €3,963 | €28,114 | +€24,151 | +609% |
| Other amounts receivable | 41 | €60,272 | - | -€60,272 | |
| Cash at bank and in hand | 54/58 | €29,450 | €22,306 | -€7,144 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,160 | €2,059 | +€899 | +77.5% |
| Total equity and liabilities | 10/49 | €113,661 | €152,182 | +€38,521 | +33.9% |
| Equity | 10/15 | €6,346 | €2,295 | -€4,051 | -63.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €4,346 | €295 | -€4,051 | -93.2% |
| Amounts payable | 17/49 | €107,315 | €149,887 | +€42,572 | +39.7% |
| Amounts payable after more than one year | 17 | €1,044 | - | -€1,044 | |
| Financial debts | 170/4 | €1,044 | - | -€1,044 | |
| Amounts payable within one year | 42/48 | €46,771 | €149,887 | +€103,116 | +220% |
| Current portion of amounts payable after more than one year | 42 | €3,083 | €27,464 | +€24,381 | +791% |
| Trade debts | 44 | €9,633 | €5,295 | -€4,337 | -45.0% |
| Suppliers | 440/4 | €9,633 | €5,295 | -€4,337 | -45.0% |
| Taxes, remuneration and social security | 45 | €34,056 | €32,549 | -€1,507 | -4.4% |
| Taxes | 450/3 | €34,056 | €32,549 | -€1,507 | -4.4% |
| Other amounts payable | 47/48 | - | €84,579 | +€84,579 | |
| Accrued charges and deferred income | 492/3 | €59,500 | - | -€59,500 | |
| Turnover | 70 | €232,364 | - | -€232,364 | |
| Non-recurring operating income | 76A | - | €12,082 | +€12,082 | |
| Goods, raw materials, services and sundry goods | 60/61 | €140,651 | - | -€140,651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,194 | €6,250 | -€5,944 | -48.7% |
| Other operating charges | 640/8 | €1,758 | €2,513 | +€756 | +43.0% |
| Gross operating margin | 9900 | €91,712 | €116,142 | +€24,429 | +26.6% |
| Operating profit (loss) | 9901 | €77,760 | €107,378 | +€29,618 | +38.1% |
| Financial income | 75/76B | €8 | €1,412 | +€1,404 | +16,918% |
| Recurring financial income | 75 | €8 | €1,412 | +€1,404 | +16,918% |
| Financial charges | 65/66B | €401 | €4,864 | +€4,463 | +1,113% |
| Recurring financial charges | 65 | €401 | €4,864 | +€4,463 | +1,113% |
| Profit (loss) for the period before taxes | 9903 | €77,368 | €103,927 | +€26,559 | +34.3% |
| Income taxes | 67/77 | €17,586 | €23,478 | +€5,892 | +33.5% |
| Profit (loss) for the period | 9904 | €59,781 | €80,449 | +€20,667 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,781 | €80,449 | +€20,667 | +34.6% |
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 13 October 2026 via checked.be.