DGS-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.
DGS-CONSULT
Largest movements
- Intangible fixed assets +€69,803
new in 2025: €69,803
- Cash +€27,178
up €27,178 (+437%), from €6,217 to €33,395
mainly Net result for the year (+€51,287) and Trade debts (+€43,863)
- Current investments +€16,983
up €16,983 (+121%), from €14,000 to €30,983
- Receivables within one year -€6,287
down €6,287 (-26.7%), from €23,536 to €17,248
of which Other amounts receivable: -€8,847
- Deferred charges and accrued income +€3,061
up €3,061 (+52.9%), from €5,783 to €8,844
- Trade debts +€43,863
up €43,863 (+444%), from €9,885 to €53,748
- Reserves +€32,786
up €32,786 (+97.4%), from €33,666 to €66,452
- Debts after one year +€21,172
new in 2025: €21,172
- Short-term financial debts +€13,493
new in 2025: €13,493
- Tax, wage and social debts -€4,167
down €4,167 (-54.7%), from €7,612 to €3,445
of which Taxes: -€4,082
- Gross operating margin +€62,545
up €62,545 (+202%), from €30,911 to €93,455
- Taxes +€13,466
up €13,466 (+166%), from €8,113 to €21,579
- Depreciation +€7,214
up €7,214 (+625%), from €1,155 to €8,368
- Other operating charges +€4,832
up €4,832 (+95.7%), from €5,048 to €9,880
- Financial charges +€2,071
up €2,071 (+342%), from €606 to €2,676
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 | €54,283 | €166,939 | +€112,656 | +208% |
| Fixed assets | 21/28 | €4,748 | €76,469 | +€71,721 | +1,510% |
| Intangible fixed assets | 21 | - | €69,803 | +€69,803 | |
| Tangible fixed assets | 22/27 | €4,748 | €6,666 | +€1,917 | +40.4% |
| Plant, machinery and equipment | 23 | €1,889 | €0 | -€1,889 | -100% |
| Furniture and vehicles | 24 | €2,860 | €6,666 | +€3,806 | +133% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €49,535 | €90,470 | +€40,935 | +82.6% |
| Amounts receivable within one year | 40/41 | €23,536 | €17,248 | -€6,287 | -26.7% |
| Trade receivables | 40 | €14,170 | €16,730 | +€2,560 | +18.1% |
| Other amounts receivable | 41 | €9,365 | €518 | -€8,847 | -94.5% |
| Current investments | 50/53 | €14,000 | €30,983 | +€16,983 | +121% |
| Cash at bank and in hand | 54/58 | €6,217 | €33,395 | +€27,178 | +437% |
| Deferred charges and accrued income | 490/1 | €5,783 | €8,844 | +€3,061 | +52.9% |
| Total equity and liabilities | 10/49 | €54,283 | €166,939 | +€112,656 | +208% |
| Equity | 10/15 | €36,666 | €69,452 | +€32,786 | +89.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,666 | €66,452 | +€32,786 | +97.4% |
| Distributable reserves | 133 | €33,666 | €66,452 | +€32,786 | +97.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,617 | €97,487 | +€79,869 | +453% |
| Amounts payable after more than one year | 17 | - | €21,172 | +€21,172 | |
| Financial debts | 170/4 | - | €21,172 | +€21,172 | |
| Amounts payable within one year | 42/48 | €17,497 | €75,377 | +€57,880 | +331% |
| Current portion of amounts payable after more than one year | 42 | - | €3,658 | +€3,658 | |
| Financial debts | 43 | - | €13,493 | +€13,493 | |
| Credit institutions | 430/8 | - | €13,493 | +€13,493 | |
| Trade debts | 44 | €9,885 | €53,748 | +€43,863 | +444% |
| Suppliers | 440/4 | €9,885 | €53,748 | +€43,863 | +444% |
| Taxes, remuneration and social security | 45 | €7,612 | €3,445 | -€4,167 | -54.7% |
| Taxes | 450/3 | €6,027 | €1,945 | -€4,082 | -67.7% |
| Remuneration and social security | 454/9 | €1,585 | €1,500 | -€85 | -5.4% |
| Other amounts payable | 47/48 | - | €1,033 | +€1,033 | |
| Accrued charges and deferred income | 492/3 | €120 | €938 | +€818 | +681% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €8,368 | +€7,214 | +625% |
| Other operating charges | 640/8 | €5,048 | €9,880 | +€4,832 | +95.7% |
| Gross operating margin | 9900 | €30,911 | €93,455 | +€62,545 | +202% |
| Operating profit (loss) | 9901 | €24,708 | €75,207 | +€50,500 | +204% |
| Financial income | 75/76B | €512 | €335 | -€177 | -34.5% |
| Recurring financial income | 75 | €512 | €335 | -€177 | -34.5% |
| Financial charges | 65/66B | €606 | €2,676 | +€2,071 | +342% |
| Recurring financial charges | 65 | €606 | €2,676 | +€2,071 | +342% |
| Profit (loss) for the period before taxes | 9903 | €24,614 | €72,866 | +€48,252 | +196% |
| Income taxes | 67/77 | €8,113 | €21,579 | +€13,466 | +166% |
| Profit (loss) for the period | 9904 | €16,501 | €51,287 | +€34,786 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €16,501 | €51,287 | +€34,786 | +211% |
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 15 October 2026 via checked.be.