DS CONSULT: what changed
Two fiscal 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.
DS CONSULT
Largest movements
- Cash -€42,208
down €42,208 (-71.4%), from €59,110 to €16,902
mainly Investment in fixed assets (net) (-€59,696) and Receivables within one year (-€8,787)
- Financial fixed assets +€30,975
up €30,975 (+23.1%), from €134,354 to €165,329
- Tangible fixed assets +€27,109
up €27,109 (+3969.1%), from €683 to €27,792
- Receivables within one year +€8,787
up €8,787 (+2258.9%), from €389 to €9,176
of which Trade receivables: +€8,788
- Reserves +€14,148
new in 2025: €14,148
- Tax, wage and social debts +€8,663
new in 2025: €8,663
- Gross operating margin +€20,877
up €20,877 (+2887.6%), from €723 to €21,600
- Taxes +€7,164
up €7,164 (+59700.0%), from €12 to €7,176
- Depreciation +€1,116
up €1,116 (+225.0%), from €496 to €1,612
- Financial income -€304
down €304 (-14.6%), from €2,089 to €1,785
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 | €302,807 | €328,188 | +€25,381 | +8.4% |
| Fixed assets | 21/28 | €135,037 | €193,121 | +€58,084 | +43.0% |
| Tangible fixed assets | 22/27 | €683 | €27,792 | +€27,109 | +3969.1% |
| Furniture and vehicles | 24 | €683 | €27,792 | +€27,109 | +3969.1% |
| Financial fixed assets | 28 | €134,354 | €165,329 | +€30,975 | +23.1% |
| Current assets | 29/58 | €167,770 | €135,067 | -€32,703 | -19.5% |
| Amounts receivable within one year | 40/41 | €389 | €9,176 | +€8,787 | +2258.9% |
| Trade receivables | 40 | - | €8,788 | +€8,788 | |
| Other amounts receivable | 41 | €389 | €388 | -€1 | -0.3% |
| Current investments | 50/53 | €108,271 | €108,271 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,110 | €16,902 | -€42,208 | -71.4% |
| Deferred charges and accrued income | 490/1 | - | €718 | +€718 | |
| Total equity and liabilities | 10/49 | €302,807 | €328,188 | +€25,381 | +8.4% |
| Equity | 10/15 | €302,807 | €316,955 | +€14,148 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €14,148 | +€14,148 | |
| Distributable reserves | 133 | - | €14,148 | +€14,148 | |
| Profit (loss) carried forward | 14 | €284,207 | €284,207 | = | 0.0% |
| Amounts payable | 17/49 | €0 | €11,233 | +€11,233 | |
| Amounts payable within one year | 42/48 | €0 | €11,233 | +€11,233 | |
| Trade debts | 44 | - | €61 | +€61 | |
| Suppliers | 440/4 | - | €61 | +€61 | |
| Taxes, remuneration and social security | 45 | - | €8,663 | +€8,663 | |
| Taxes | 450/3 | - | €8,663 | +€8,663 | |
| Other amounts payable | 47/48 | - | €2,509 | +€2,509 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €1,612 | +€1,116 | +225.0% |
| Other operating charges | 640/8 | €437 | €399 | -€38 | -8.7% |
| Gross operating margin | 9900 | €723 | €21,600 | +€20,877 | +2887.6% |
| Operating profit (loss) | 9901 | -€210 | €19,589 | +€19,799 | |
| Financial income | 75/76B | €2,089 | €1,785 | -€304 | -14.6% |
| Recurring financial income | 75 | €2,089 | €1,785 | -€304 | -14.6% |
| Financial charges | 65/66B | €240 | €50 | -€190 | -79.2% |
| Recurring financial charges | 65 | €240 | €50 | -€190 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €1,639 | €21,324 | +€19,685 | +1201.0% |
| Income taxes | 67/77 | €12 | €7,176 | +€7,164 | +59700.0% |
| Profit (loss) for the period | 9904 | €1,627 | €14,148 | +€12,521 | +769.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,627 | €14,148 | +€12,521 | +769.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.