DFR Consult: 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.
DFR Consult
Largest movements
- Receivables within one year +€153,070
up €153,070 (+985%), from €15,536 to €168,607
of which Other amounts receivable: +€141,082
- Current investments -€93,192
no longer reported in 2026 (was €93,192)
- Cash +€54,911
up €54,911 (+114%), from €47,972 to €102,883
mainly Net result for the year (+€99,179) and Current investments (+€93,192)
- Tangible fixed assets -€12,299
down €12,299 (-29.7%), from €41,386 to €29,087
of which Furniture and vehicles: -€11,730
- Reserves +€257,288
new in 2026: €257,288
- Profit (loss) carried forward -€158,108
no longer reported in 2026 (was €158,108)
- Tax, wage and social debts +€6,219
up €6,219 (+19.5%), from €31,930 to €38,149
- Gross operating margin +€15,905
up €15,905 (+13.4%), from €118,783 to €134,688
- Taxes +€4,885
up €4,885 (+21.6%), from €22,655 to €27,540
- Financial income +€3,585
up €3,585 (+386%), from €928 to €4,513
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,823 | €301,249 | +€101,427 | +50.8% |
| Fixed assets | 21/28 | €41,386 | €29,087 | -€12,299 | -29.7% |
| Tangible fixed assets | 22/27 | €41,386 | €29,087 | -€12,299 | -29.7% |
| Land and buildings | 22 | €2,968 | €2,543 | -€425 | -14.3% |
| Furniture and vehicles | 24 | €37,254 | €25,524 | -€11,730 | -31.5% |
| Leasing and similar rights | 25 | €1,164 | €1,020 | -€144 | -12.4% |
| Current assets | 29/58 | €158,436 | €272,162 | +€113,726 | +71.8% |
| Amounts receivable within one year | 40/41 | €15,536 | €168,607 | +€153,070 | +985% |
| Trade receivables | 40 | €15,536 | €27,524 | +€11,988 | +77.2% |
| Other amounts receivable | 41 | - | €141,082 | +€141,082 | |
| Current investments | 50/53 | €93,192 | - | -€93,192 | |
| Cash at bank and in hand | 54/58 | €47,972 | €102,883 | +€54,911 | +114% |
| Deferred charges and accrued income | 490/1 | €1,735 | €672 | -€1,063 | -61.3% |
| Total equity and liabilities | 10/49 | €199,823 | €301,249 | +€101,427 | +50.8% |
| Equity | 10/15 | €163,108 | €262,288 | +€99,179 | +60.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €257,288 | +€257,288 | |
| Distributable reserves | 133 | - | €257,288 | +€257,288 | |
| Profit (loss) carried forward | 14 | €158,108 | - | -€158,108 | |
| Amounts payable | 17/49 | €36,714 | €38,962 | +€2,247 | +6.1% |
| Amounts payable within one year | 42/48 | €36,714 | €38,962 | +€2,247 | +6.1% |
| Trade debts | 44 | €2,647 | €813 | -€1,834 | -69.3% |
| Suppliers | 440/4 | €2,647 | €813 | -€1,834 | -69.3% |
| Taxes, remuneration and social security | 45 | €31,930 | €38,149 | +€6,219 | +19.5% |
| Taxes | 450/3 | €31,930 | €38,149 | +€6,219 | +19.5% |
| Other amounts payable | 47/48 | €2,137 | - | -€2,137 | |
| Remuneration, social security and pensions | 62 | €96 | - | -€96 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,566 | €12,299 | -€267 | -2.1% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €118,783 | €134,688 | +€15,905 | +13.4% |
| Operating profit (loss) | 9901 | €105,995 | €122,261 | +€16,266 | +15.3% |
| Financial income | 75/76B | €928 | €4,513 | +€3,585 | +386% |
| Recurring financial income | 75 | €928 | €4,513 | +€3,585 | +386% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.0% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €106,869 | €126,719 | +€19,850 | +18.6% |
| Income taxes | 67/77 | €22,655 | €27,540 | +€4,885 | +21.6% |
| Profit (loss) for the period | 9904 | €84,214 | €99,179 | +€14,965 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,214 | €99,179 | +€14,965 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.