DM 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.
DM CONSULT
Largest movements
- Cash -€137,848
down €137,848 (-85.6%), from €160,946 to €23,098
mainly Investment in fixed assets (net) (-€127,142) and Current investments (-€50,000)
- Financial fixed assets +€127,142
up €127,142 (+84.8%), from €150,000 to €277,142
- Current investments +€50,000
up €50,000 (+102.5%), from €48,780 to €98,780
- Profit (loss) carried forward +€48,249
up €48,249 (+23.4%), from €206,412 to €254,661
- Tax, wage and social debts -€7,143
down €7,143 (-36.4%), from €19,607 to €12,464
- Other debts +€5,292
up €5,292 (+18.5%), from €28,581 to €33,872
- Accrued charges and deferred income -€5,110
down €5,110 (-66.1%), from €7,726 to €2,616
- Gross operating margin +€10,964
up €10,964 (+18.3%), from €59,789 to €70,753
- Financial income -€5,417
down €5,417 (-96.1%), from €5,638 to €220
- Taxes +€1,986
up €1,986 (+11.8%), from €16,899 to €18,885
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.
Cash bridge derived
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 | €365,894 | €408,164 | +€42,270 | +11.6% |
| Fixed assets | 21/28 | €150,531 | €277,246 | +€126,715 | +84.2% |
| Tangible fixed assets | 22/27 | €531 | €105 | -€426 | -80.3% |
| Furniture and vehicles | 24 | €531 | €105 | -€426 | -80.3% |
| Financial fixed assets | 28 | €150,000 | €277,142 | +€127,142 | +84.8% |
| Current assets | 29/58 | €215,362 | €130,917 | -€84,445 | -39.2% |
| Amounts receivable within one year | 40/41 | €3,839 | €6,779 | +€2,939 | +76.5% |
| Trade receivables | 40 | €3,839 | €6,764 | +€2,925 | +76.2% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Current investments | 50/53 | €48,780 | €98,780 | +€50,000 | +102.5% |
| Cash at bank and in hand | 54/58 | €160,946 | €23,098 | -€137,848 | -85.6% |
| Deferred charges and accrued income | 490/1 | €1,796 | €2,261 | +€464 | +25.9% |
| Total equity and liabilities | 10/49 | €365,894 | €408,164 | +€42,270 | +11.6% |
| Equity | 10/15 | €309,861 | €358,110 | +€48,249 | +15.6% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Contributions outside capital | 11 | €32,226 | €32,226 | = | 0.0% |
| Other | 1109/19 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €71,223 | €71,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Legal reserve | 130 | €3,223 | €3,223 | = | 0.0% |
| Distributable reserves | 133 | €68,000 | €68,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,412 | €254,661 | +€48,249 | +23.4% |
| Amounts payable | 17/49 | €56,033 | €50,054 | -€5,979 | -10.7% |
| Amounts payable within one year | 42/48 | €48,307 | €47,438 | -€869 | -1.8% |
| Trade debts | 44 | €119 | €1,101 | +€982 | +828.4% |
| Suppliers | 440/4 | €119 | €1,101 | +€982 | +828.4% |
| Taxes, remuneration and social security | 45 | €19,607 | €12,464 | -€7,143 | -36.4% |
| Taxes | 450/3 | €19,607 | €12,464 | -€7,143 | -36.4% |
| Other amounts payable | 47/48 | €28,581 | €33,872 | +€5,292 | +18.5% |
| Accrued charges and deferred income | 492/3 | €7,726 | €2,616 | -€5,110 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €426 | = | 0.0% |
| Other operating charges | 640/8 | €527 | €1,072 | +€545 | +103.4% |
| Gross operating margin | 9900 | €59,789 | €70,753 | +€10,964 | +18.3% |
| Operating profit (loss) | 9901 | €58,836 | €69,254 | +€10,419 | +17.7% |
| Financial income | 75/76B | €5,638 | €220 | -€5,417 | -96.1% |
| Recurring financial income | 75 | €5,638 | €220 | -€5,417 | -96.1% |
| Financial charges | 65/66B | €2,536 | €2,340 | -€196 | -7.7% |
| Recurring financial charges | 65 | €2,536 | €2,340 | -€196 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €61,937 | €67,134 | +€5,197 | +8.4% |
| Income taxes | 67/77 | €16,899 | €18,885 | +€1,986 | +11.8% |
| Profit (loss) for the period | 9904 | €45,038 | €48,249 | +€3,211 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,038 | €48,249 | +€3,211 | +7.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.