District12 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.
District12 Consulting
Largest movements
- Cash +€75,635
up €75,635 (+108%), from €69,996 to €145,631
mainly Net result for the year (+€79,888) and Receivables within one year (+€7,443)
- Tangible fixed assets +€16,168
new in 2025: €16,168
- Receivables within one year -€7,443
down €7,443 (-32.0%), from €23,234 to €15,791
of which Trade receivables: -€7,442
- Profit (loss) carried forward +€79,888
up €79,888 (+126%), from €63,555 to €143,442
- Tax, wage and social debts +€5,499
up €5,499 (+21.8%), from €25,176 to €30,675
- Gross operating margin +€21,972
up €21,972 (+27.2%), from €80,819 to €102,790
- Taxes +€4,383
up €4,383 (+27.2%), from €16,100 to €20,483
- Depreciation +€1,258
up €1,258 (+133%), from €949 to €2,207
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 | €93,796 | €179,184 | +€85,388 | +91.0% |
| Formation expenses | 20 | €190 | - | -€190 | |
| Fixed assets | 21/28 | - | €16,168 | +€16,168 | |
| Tangible fixed assets | 22/27 | - | €16,168 | +€16,168 | |
| Furniture and vehicles | 24 | - | €16,168 | +€16,168 | |
| Current assets | 29/58 | €93,607 | €163,016 | +€69,410 | +74.2% |
| Amounts receivable within one year | 40/41 | €23,234 | €15,791 | -€7,443 | -32.0% |
| Trade receivables | 40 | €23,232 | €15,791 | -€7,442 | -32.0% |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €69,996 | €145,631 | +€75,635 | +108% |
| Deferred charges and accrued income | 490/1 | €377 | €1,595 | +€1,218 | +323% |
| Total equity and liabilities | 10/49 | €93,796 | €179,184 | +€85,388 | +91.0% |
| Equity | 10/15 | €68,555 | €148,442 | +€79,888 | +117% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,555 | €143,442 | +€79,888 | +126% |
| Amounts payable | 17/49 | €25,242 | €30,742 | +€5,500 | +21.8% |
| Amounts payable within one year | 42/48 | €25,176 | €30,675 | +€5,499 | +21.8% |
| Taxes, remuneration and social security | 45 | €25,176 | €30,675 | +€5,499 | +21.8% |
| Taxes | 450/3 | €25,176 | €30,675 | +€5,499 | +21.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €2,207 | +€1,258 | +133% |
| Other operating charges | 640/8 | €116 | €129 | +€13 | +11.5% |
| Gross operating margin | 9900 | €80,819 | €102,790 | +€21,972 | +27.2% |
| Operating profit (loss) | 9901 | €79,754 | €100,454 | +€20,700 | +26.0% |
| Financial charges | 65/66B | €100 | €84 | -€16 | -15.9% |
| Recurring financial charges | 65 | €100 | €84 | -€16 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €79,654 | €100,370 | +€20,716 | +26.0% |
| Income taxes | 67/77 | €16,100 | €20,483 | +€4,383 | +27.2% |
| Profit (loss) for the period | 9904 | €63,555 | €79,888 | +€16,333 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,555 | €79,888 | +€16,333 | +25.7% |
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 16 October 2026 via checked.be.