DIPOLE 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.
DIPOLE CONSULTING
Largest movements
- Receivables within one year -€86,420
down €86,420 (-48.0%), from €180,082 to €93,661
of which Trade receivables: -€68,059
- Current investments +€48,896
up €48,896 (+39.4%), from €124,112 to €173,008
- Cash +€42,581
up €42,581 (+33.7%), from €126,177 to €168,757
mainly Other debts (+€188,616) and Receivables within one year (+€86,420)
- Other debts +€188,616
up €188,616 (+4,255%), from €4,433 to €193,050
- Reserves -€158,211
down €158,211 (-34.0%), from €464,725 to €306,514
of which Distributable reserves: -€158,211
- Trade debts -€27,338
down €27,338 (-88.6%), from €30,843 to €3,505
- Gross operating margin -€51,871
down €51,871 (-49.2%), from €105,449 to €53,579
- Taxes -€10,683
down €10,683 (-38.2%), from €27,984 to €17,301
- Other operating charges -€2,737
down €2,737 (-77.4%), from €3,534 to €797
- Financial income -€2,415
down €2,415 (-56.3%), from €4,293 to €1,878
- Depreciation -€1,756
down €1,756 (-21.6%), from €8,142 to €6,386
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,826 | €549,658 | +€832 | +0.2% |
| Fixed assets | 21/28 | €15,511 | €10,788 | -€4,723 | -30.4% |
| Tangible fixed assets | 22/27 | €12,691 | €7,968 | -€4,723 | -37.2% |
| Plant, machinery and equipment | 23 | €3,411 | €1,917 | -€1,494 | -43.8% |
| Furniture and vehicles | 24 | €9,025 | €6,032 | -€2,993 | -33.2% |
| Other tangible fixed assets | 26 | €255 | €19 | -€236 | -92.5% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €533,315 | €538,870 | +€5,555 | +1.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €180,082 | €93,661 | -€86,420 | -48.0% |
| Trade receivables | 40 | €152,601 | €84,543 | -€68,059 | -44.6% |
| Other amounts receivable | 41 | €27,480 | €9,119 | -€18,362 | -66.8% |
| Current investments | 50/53 | €124,112 | €173,008 | +€48,896 | +39.4% |
| Cash at bank and in hand | 54/58 | €126,177 | €168,757 | +€42,581 | +33.7% |
| Deferred charges and accrued income | 490/1 | €2,945 | €3,444 | +€498 | +16.9% |
| Total equity and liabilities | 10/49 | €548,826 | €549,658 | +€832 | +0.2% |
| Equity | 10/15 | €497,027 | €338,816 | -€158,211 | -31.8% |
| Contributions | 10/11 | €32,302 | €32,302 | = | 0.0% |
| Reserves | 13 | €464,725 | €306,514 | -€158,211 | -34.0% |
| Non-distributable reserves | 130/1 | €3,850 | €3,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,850 | €3,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,840 | €16,840 | = | 0.0% |
| Distributable reserves | 133 | €444,034 | €285,824 | -€158,211 | -35.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,799 | €210,842 | +€159,043 | +307% |
| Amounts payable within one year | 42/48 | €51,720 | €209,490 | +€157,770 | +305% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,843 | €3,505 | -€27,338 | -88.6% |
| Suppliers | 440/4 | €30,843 | €3,505 | -€27,338 | -88.6% |
| Taxes, remuneration and social security | 45 | €16,444 | €12,935 | -€3,509 | -21.3% |
| Taxes | 450/3 | €7,827 | €4,236 | -€3,591 | -45.9% |
| Remuneration and social security | 454/9 | €8,617 | €8,699 | +€82 | +1.0% |
| Other amounts payable | 47/48 | €4,433 | €193,050 | +€188,616 | +4,255% |
| Accrued charges and deferred income | 492/3 | €79 | €1,352 | +€1,273 | +1,605% |
| Non-recurring operating income | 76A | €0 | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,142 | €6,386 | -€1,756 | -21.6% |
| Other operating charges | 640/8 | €3,534 | €797 | -€2,737 | -77.4% |
| Non-recurring operating charges | 66A | €2,043 | €0 | -€2,043 | -100% |
| Gross operating margin | 9900 | €105,449 | €53,579 | -€51,871 | -49.2% |
| Operating profit (loss) | 9901 | €91,731 | €46,396 | -€45,335 | -49.4% |
| Financial income | 75/76B | €4,293 | €1,878 | -€2,415 | -56.3% |
| Recurring financial income | 75 | €4,293 | €1,878 | -€2,415 | -56.3% |
| Financial charges | 65/66B | €1,485 | €324 | -€1,161 | -78.2% |
| Recurring financial charges | 65 | €1,485 | €324 | -€1,161 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €94,539 | €47,950 | -€46,589 | -49.3% |
| Income taxes | 67/77 | €27,984 | €17,301 | -€10,683 | -38.2% |
| Profit (loss) for the period | 9904 | €66,555 | €30,649 | -€35,906 | -53.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €66,555 | €30,649 | -€35,906 | -53.9% |
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 28 October 2026 via checked.be.