DAVOS 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.
DAVOS CONSULTING
Largest movements
- Cash +€35,724
up €35,724 (+953%), from €3,748 to €39,472
mainly Net result for the year (+€71,450) and Depreciation (+€27,393)
- Tangible fixed assets -€24,182
down €24,182 (-27.6%), from €87,680 to €63,498
of which Furniture and vehicles: -€26,753
- Receivables within one year +€14,090
up €14,090 (+42.3%), from €33,294 to €47,384
of which Trade receivables: +€23,184
- Other debts -€63,669
down €63,669 (-40.8%), from €156,134 to €92,465
- Profit (loss) carried forward +€48,254
up €48,254, from -€48,254 to €0
- Reserves +€23,195
new in 2025: €23,195
- Tax, wage and social debts +€19,794
up €19,794 (+169%), from €11,701 to €31,495
of which Taxes: +€18,794
- Gross operating margin +€127,959
up €127,959 (+3,642%), from €3,513 to €131,473
- Staff costs -€20,029
down €20,029 (-59.3%), from €33,766 to €13,737
- Taxes +€17,091
up €17,091 (+1,886%), from €906 to €17,997
- Depreciation +€12,132
up €12,132 (+79.5%), from €15,260 to €27,393
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 | €125,854 | €152,237 | +€26,383 | +21.0% |
| Fixed assets | 21/28 | €87,680 | €63,498 | -€24,182 | -27.6% |
| Tangible fixed assets | 22/27 | €87,680 | €63,498 | -€24,182 | -27.6% |
| Plant, machinery and equipment | 23 | - | €2,571 | +€2,571 | |
| Furniture and vehicles | 24 | €87,680 | €60,927 | -€26,753 | -30.5% |
| Current assets | 29/58 | €38,174 | €88,739 | +€50,565 | +132% |
| Amounts receivable within one year | 40/41 | €33,294 | €47,384 | +€14,090 | +42.3% |
| Trade receivables | 40 | €24,200 | €47,384 | +€23,184 | +95.8% |
| Other amounts receivable | 41 | €9,094 | €0 | -€9,094 | -100% |
| Cash at bank and in hand | 54/58 | €3,748 | €39,472 | +€35,724 | +953% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,883 | +€751 | +66.4% |
| Total equity and liabilities | 10/49 | €125,854 | €152,237 | +€26,383 | +21.0% |
| Equity | 10/15 | -€45,754 | €25,695 | +€71,450 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €23,195 | +€23,195 | |
| Distributable reserves | 133 | - | €23,195 | +€23,195 | |
| Profit (loss) carried forward | 14 | -€48,254 | €0 | +€48,254 | |
| Amounts payable | 17/49 | €171,608 | €126,542 | -€45,066 | -26.3% |
| Amounts payable within one year | 42/48 | €171,608 | €126,542 | -€45,066 | -26.3% |
| Trade debts | 44 | €3,772 | €2,581 | -€1,191 | -31.6% |
| Suppliers | 440/4 | €3,772 | €2,581 | -€1,191 | -31.6% |
| Taxes, remuneration and social security | 45 | €11,701 | €31,495 | +€19,794 | +169% |
| Taxes | 450/3 | €11,701 | €30,495 | +€18,794 | +161% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €156,134 | €92,465 | -€63,669 | -40.8% |
| Remuneration, social security and pensions | 62 | €33,766 | €13,737 | -€20,029 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,260 | €27,393 | +€12,132 | +79.5% |
| Other operating charges | 640/8 | €490 | €963 | +€474 | +96.6% |
| Gross operating margin | 9900 | €3,513 | €131,473 | +€127,959 | +3,642% |
| Operating profit (loss) | 9901 | -€46,003 | €89,379 | +€135,383 | |
| Financial income | 75/76B | €0 | €112 | +€112 | +374,067% |
| Recurring financial income | 75 | €0 | €112 | +€112 | +374,067% |
| Financial charges | 65/66B | €1,345 | €45 | -€1,300 | -96.7% |
| Recurring financial charges | 65 | €1,345 | €45 | -€1,300 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€47,348 | €89,446 | +€136,794 | |
| Income taxes | 67/77 | €906 | €17,997 | +€17,091 | +1,886% |
| Profit (loss) for the period | 9904 | -€48,254 | €71,450 | +€119,704 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,254 | €71,450 | +€119,704 |
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 27 October 2026 via checked.be.