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DB Consult: what changed

Two fiscal 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.

What changed

DB Consult

BE 1007.987.673
NACE 90.391, Promotion and organisation of arts and performing arts events
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€141,209
2024 · €96,483+€44,726
Equity
€239,691
2024 · €98,483+€141,209
Cash
€83,529
2024 · €80,483+€3,045
Balance sheet total
€421,810
2024 · €130,787+€291,023

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€206,883

    new in 2025: €206,883

  • Receivables within one year +€77,894

    up €77,894 (+170.7%), from €45,644 to €123,538

    of which Other amounts receivable: +€76,684

Equity and liabilities
  • Debts after one year +€131,739

    new in 2025: €131,739

  • Profit (loss) carried forward +€109,634

    up €109,634 (+113.6%), from €96,483 to €206,116

  • Reserves +€31,575

    new in 2025: €31,575

  • Tax, wage and social debts -€26,274

    down €26,274 (-86.7%), from €30,292 to €4,018

  • Current portion of long-term debt +€22,204

    new in 2025: €22,204

Income statement
  • Gross operating margin +€27,743

    up €27,743 (+22.5%), from €123,450 to €151,192

  • Financial income +€25,734

    up €25,734 (+25184.7%), from €102 to €25,836

  • Financial charges +€5,154

    up €5,154 (+17179.7%), from €30 to €5,184

  • Taxes +€2,169

    up €2,169 (+8.2%), from €26,311 to €28,480

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €96,483
Gross operating margin +€27,743
Depreciation -€1,415
Other operating charges -€12
Financial income +€25,734
Financial charges -€5,154
Taxes -€2,169
Result 2025 €141,209

Cash bridge derived

cash 2024 to 2025

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.

From operations +€60,942
Investment -€211,840
Financing +€153,943
Cash 2024 €80,483
Net result for the year +€141,209
Depreciation +€1,756
Receivables within one year -€77,894
Trade debts +€22,145
Tax, wage and social debts -€26,274
Investment in fixed assets (net) -€211,840
Debts after one year +€131,739
Current portion of long-term debt +€22,204
Cash 2025 €83,529
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €130,787 €421,810 +€291,023 +222.5%
Fixed assets 21/28 €4,659 €214,743 +€210,084 +4509.1%
Tangible fixed assets 22/27 €4,659 €7,861 +€3,202 +68.7%
Plant, machinery and equipment 23 €4,659 €3,659 -€1,000 -21.5%
Furniture and vehicles 24 - €4,202 +€4,202
Financial fixed assets 28 - €206,883 +€206,883
Current assets 29/58 €126,128 €207,066 +€80,939 +64.2%
Amounts receivable within one year 40/41 €45,644 €123,538 +€77,894 +170.7%
Trade receivables 40 €35,090 €36,300 +€1,210 +3.4%
Other amounts receivable 41 €10,554 €87,238 +€76,684 +726.6%
Cash at bank and in hand 54/58 €80,483 €83,529 +€3,045 +3.8%
Total equity and liabilities 10/49 €130,787 €421,810 +€291,023 +222.5%
Equity 10/15 €98,483 €239,691 +€141,209 +143.4%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 - €31,575 +€31,575
Tax-exempt reserves 132 - €31,575 +€31,575
Profit (loss) carried forward 14 €96,483 €206,116 +€109,634 +113.6%
Amounts payable 17/49 €32,304 €182,118 +€149,814 +463.8%
Amounts payable after more than one year 17 - €131,739 +€131,739
Financial debts 170/4 - €131,739 +€131,739
Amounts payable within one year 42/48 €32,304 €50,379 +€18,075 +56.0%
Current portion of amounts payable after more than one year 42 - €22,204 +€22,204
Trade debts 44 €2,013 €24,158 +€22,145 +1100.3%
Suppliers 440/4 €2,013 €24,158 +€22,145 +1100.3%
Taxes, remuneration and social security 45 €30,292 €4,018 -€26,274 -86.7%
Taxes 450/3 €30,292 €4,018 -€26,274 -86.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €341 €1,756 +€1,415 +415.0%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €123,450 €151,192 +€27,743 +22.5%
Operating profit (loss) 9901 €122,721 €149,037 +€26,316 +21.4%
Financial income 75/76B €102 €25,836 +€25,734 +25184.7%
Recurring financial income 75 €102 €25,836 +€25,734 +25184.7%
Financial charges 65/66B €30 €5,184 +€5,154 +17179.7%
Recurring financial charges 65 €30 €5,184 +€5,154 +17179.7%
Profit (loss) for the period before taxes 9903 €122,794 €169,689 +€46,895 +38.2%
Income taxes 67/77 €26,311 €28,480 +€2,169 +8.2%
Profit (loss) for the period 9904 €96,483 €141,209 +€44,726 +46.4%
Transfer to tax-exempt reserves 689 - €31,575 +€31,575
Profit (loss) for the period to be appropriated 9905 €96,483 €109,634 +€13,151 +13.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.