DAX 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.
DAX Consulting
Largest movements
- Receivables within one year -€56,951
down €56,951 (-63.5%), from €89,723 to €32,772
of which Other amounts receivable: -€60,089
- Receivables after one year +€18,339
new in 2025: €18,339
- Tangible fixed assets -€2,684
down €2,684 (-20.7%), from €12,973 to €10,289
- Deferred charges and accrued income -€1,580
down €1,580 (-65.4%), from €2,417 to €836
- Other debts -€98,899
no longer reported in 2025 (was €98,899)
- Reserves +€51,527
up €51,527 (+351%), from €14,662 to €66,188
- Tax, wage and social debts +€7,010
up €7,010 (+24.8%), from €28,263 to €35,274
- Gross operating margin +€23,624
up €23,624 (+50.9%), from €46,368 to €69,992
- Depreciation +€3,996
up €3,996 (+358%), from €1,117 to €5,113
- Taxes +€2,125
up €2,125 (+18.2%), from €11,647 to €13,772
- Financial charges -€1,324
down €1,324 (-65.7%), from €2,015 to €691
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 | €147,601 | €105,828 | -€41,773 | -28.3% |
| Fixed assets | 21/28 | €12,973 | €10,289 | -€2,684 | -20.7% |
| Tangible fixed assets | 22/27 | €12,973 | €10,289 | -€2,684 | -20.7% |
| Furniture and vehicles | 24 | €12,973 | €10,289 | -€2,684 | -20.7% |
| Current assets | 29/58 | €134,629 | €95,539 | -€39,089 | -29.0% |
| Amounts receivable after more than one year | 29 | - | €18,339 | +€18,339 | |
| Other amounts receivable | 291 | - | €18,339 | +€18,339 | |
| Amounts receivable within one year | 40/41 | €89,723 | €32,772 | -€56,951 | -63.5% |
| Trade receivables | 40 | €17,923 | €21,061 | +€3,138 | +17.5% |
| Other amounts receivable | 41 | €71,800 | €11,711 | -€60,089 | -83.7% |
| Cash at bank and in hand | 54/58 | €42,489 | €43,592 | +€1,103 | +2.6% |
| Deferred charges and accrued income | 490/1 | €2,417 | €836 | -€1,580 | -65.4% |
| Total equity and liabilities | 10/49 | €147,601 | €105,828 | -€41,773 | -28.3% |
| Equity | 10/15 | €16,662 | €68,188 | +€51,527 | +309% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,662 | €66,188 | +€51,527 | +351% |
| Distributable reserves | 133 | €14,662 | €66,188 | +€51,527 | +351% |
| Amounts payable | 17/49 | €130,940 | €37,640 | -€93,300 | -71.3% |
| Amounts payable within one year | 42/48 | €130,940 | €37,640 | -€93,300 | -71.3% |
| Trade debts | 44 | €3,777 | €2,366 | -€1,411 | -37.4% |
| Suppliers | 440/4 | €3,777 | €2,366 | -€1,411 | -37.4% |
| Taxes, remuneration and social security | 45 | €28,263 | €35,274 | +€7,010 | +24.8% |
| Taxes | 450/3 | €28,263 | €35,274 | +€7,010 | +24.8% |
| Other amounts payable | 47/48 | €98,899 | - | -€98,899 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €5,113 | +€3,996 | +358% |
| Other operating charges | 640/8 | €1,546 | €888 | -€658 | -42.6% |
| Gross operating margin | 9900 | €46,368 | €69,992 | +€23,624 | +50.9% |
| Operating profit (loss) | 9901 | €43,705 | €63,991 | +€20,286 | +46.4% |
| Financial income | 75/76B | €1,899 | €1,999 | +€100 | +5.3% |
| Recurring financial income | 75 | €1,899 | €1,999 | +€100 | +5.3% |
| Financial charges | 65/66B | €2,015 | €691 | -€1,324 | -65.7% |
| Recurring financial charges | 65 | €2,015 | €691 | -€1,324 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €43,589 | €65,299 | +€21,710 | +49.8% |
| Income taxes | 67/77 | €11,647 | €13,772 | +€2,125 | +18.2% |
| Profit (loss) for the period | 9904 | €31,942 | €51,527 | +€19,585 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,942 | €51,527 | +€19,585 | +61.3% |
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 25 October 2026 via checked.be.