DLH 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.
DLH Consult
Largest movements
- Cash +€23,666
up €23,666 (+18.9%), from €125,085 to €148,750
mainly Net result for the year (+€73,886) and Receivables within one year (+€8,055)
- Receivables within one year -€8,055
down €8,055 (-39.5%), from €20,374 to €12,319
of which Other amounts receivable: -€4,304
- Reserves +€17,316
up €17,316 (+8.7%), from €199,380 to €216,696
- Gross operating margin +€23,639
up €23,639 (+31.9%), from €74,043 to €97,682
- Taxes +€4,000
up €4,000 (+24.9%), from €16,069 to €20,069
- Financial income -€1,016
down €1,016 (-70.4%), from €1,442 to €427
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 | €213,689 | €228,805 | +€15,116 | +7.1% |
| Fixed assets | 21/28 | €1,543 | €1,719 | +€176 | +11.4% |
| Tangible fixed assets | 22/27 | €1,543 | €1,719 | +€176 | +11.4% |
| Furniture and vehicles | 24 | €1,543 | €1,719 | +€176 | +11.4% |
| Current assets | 29/58 | €212,146 | €227,087 | +€14,941 | +7.0% |
| Amounts receivable within one year | 40/41 | €20,374 | €12,319 | -€8,055 | -39.5% |
| Trade receivables | 40 | €11,011 | €7,260 | -€3,751 | -34.1% |
| Other amounts receivable | 41 | €9,363 | €5,059 | -€4,304 | -46.0% |
| Current investments | 50/53 | €65,000 | €65,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €125,085 | €148,750 | +€23,666 | +18.9% |
| Deferred charges and accrued income | 490/1 | €1,688 | €1,017 | -€670 | -39.7% |
| Total equity and liabilities | 10/49 | €213,689 | €228,805 | +€15,116 | +7.1% |
| Equity | 10/15 | €202,380 | €219,696 | +€17,316 | +8.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €199,380 | €216,696 | +€17,316 | +8.7% |
| Distributable reserves | 133 | €199,380 | €216,696 | +€17,316 | +8.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,309 | €9,109 | -€2,200 | -19.5% |
| Amounts payable within one year | 42/48 | €10,580 | €9,100 | -€1,481 | -14.0% |
| Trade debts | 44 | €1,405 | €2,138 | +€733 | +52.2% |
| Suppliers | 440/4 | €1,405 | €2,138 | +€733 | +52.2% |
| Taxes, remuneration and social security | 45 | €9,084 | €6,841 | -€2,243 | -24.7% |
| Taxes | 450/3 | €9,084 | €6,841 | -€2,243 | -24.7% |
| Other amounts payable | 47/48 | €91 | €121 | +€30 | +32.8% |
| Accrued charges and deferred income | 492/3 | €729 | €9 | -€719 | -98.7% |
| Non-recurring operating income | 76A | - | €13,990 | +€13,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €1,337 | +€182 | +15.8% |
| Other operating charges | 640/8 | €745 | €948 | +€202 | +27.2% |
| Gross operating margin | 9900 | €74,043 | €97,682 | +€23,639 | +31.9% |
| Operating profit (loss) | 9901 | €72,143 | €95,397 | +€23,254 | +32.2% |
| Financial income | 75/76B | €1,442 | €427 | -€1,016 | -70.4% |
| Recurring financial income | 75 | €1,442 | €427 | -€1,016 | -70.4% |
| Financial charges | 65/66B | €947 | €1,869 | +€922 | +97.4% |
| Recurring financial charges | 65 | €947 | €1,869 | +€922 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €72,638 | €93,954 | +€21,316 | +29.3% |
| Income taxes | 67/77 | €16,069 | €20,069 | +€4,000 | +24.9% |
| Profit (loss) for the period | 9904 | €56,570 | €73,886 | +€17,316 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,570 | €73,886 | +€17,316 | +30.6% |
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 13 October 2026 via checked.be.