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
- Receivables within one year -€19,060
down €19,060 (-42.0%), from €45,366 to €26,307
of which Trade receivables: -€16,577
- Tangible fixed assets +€16,565
up €16,565 (+151.0%), from €10,973 to €27,538
of which Furniture and vehicles: +€16,521
- Deferred charges and accrued income +€10,426
up €10,426 (+190.8%), from €5,466 to €15,892
- Cash +€1,495
up €1,495 (+2.2%), from €68,026 to €69,520
mainly Other debts (+€111,270) and Net result for the year (+€107,832)
- Other debts +€111,270
up €111,270 (+6723.6%), from €1,655 to €112,925
- Reserves -€106,433
down €106,433 (-100.0%), from €106,433 to €0
- Tax, wage and social debts +€3,920
up €3,920 (+29.8%), from €13,155 to €17,074
- Short-term financial debts +€2,102
new in 2025: €2,102
- Trade debts -€1,405
down €1,405 (-20.5%), from €6,861 to €5,456
- Gross operating margin +€2,128
up €2,128 (+1.4%), from €147,219 to €149,348
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 | €130,130 | €139,557 | +€9,426 | +7.2% |
| Fixed assets | 21/28 | €11,273 | €27,838 | +€16,565 | +146.9% |
| Tangible fixed assets | 22/27 | €10,973 | €27,538 | +€16,565 | +151.0% |
| Land and buildings | 22 | €7,576 | €0 | -€7,576 | -100.0% |
| Plant, machinery and equipment | 23 | - | €1,251 | +€1,251 | |
| Furniture and vehicles | 24 | €3,397 | €19,919 | +€16,521 | +486.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €6,369 | +€6,369 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €118,857 | €111,718 | -€7,139 | -6.0% |
| Amounts receivable within one year | 40/41 | €45,366 | €26,307 | -€19,060 | -42.0% |
| Trade receivables | 40 | €38,277 | €21,701 | -€16,577 | -43.3% |
| Other amounts receivable | 41 | €7,089 | €4,606 | -€2,483 | -35.0% |
| Cash at bank and in hand | 54/58 | €68,026 | €69,520 | +€1,495 | +2.2% |
| Deferred charges and accrued income | 490/1 | €5,466 | €15,892 | +€10,426 | +190.8% |
| Total equity and liabilities | 10/49 | €130,130 | €139,557 | +€9,426 | +7.2% |
| Equity | 10/15 | €108,433 | €2,000 | -€106,433 | -98.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €106,433 | €0 | -€106,433 | -100.0% |
| Distributable reserves | 133 | €106,433 | €0 | -€106,433 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,698 | €137,557 | +€115,859 | +534.0% |
| Amounts payable within one year | 42/48 | €21,671 | €137,557 | +€115,886 | +534.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €2,102 | +€2,102 | |
| Credit institutions | 430/8 | - | €2,102 | +€2,102 | |
| Trade debts | 44 | €6,861 | €5,456 | -€1,405 | -20.5% |
| Suppliers | 440/4 | €6,861 | €5,456 | -€1,405 | -20.5% |
| Taxes, remuneration and social security | 45 | €13,155 | €17,074 | +€3,920 | +29.8% |
| Taxes | 450/3 | €13,155 | €17,074 | +€3,920 | +29.8% |
| Other amounts payable | 47/48 | €1,655 | €112,925 | +€111,270 | +6723.6% |
| Accrued charges and deferred income | 492/3 | €27 | €0 | -€27 | -100.0% |
| Non-recurring operating income | 76A | - | €10,799 | +€10,799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,022 | €5,392 | -€630 | -10.5% |
| Other operating charges | 640/8 | €980 | €1,357 | +€377 | +38.5% |
| Non-recurring operating charges | 66A | €599 | €0 | -€599 | -100.0% |
| Gross operating margin | 9900 | €147,219 | €149,348 | +€2,128 | +1.4% |
| Operating profit (loss) | 9901 | €139,618 | €142,598 | +€2,980 | +2.1% |
| Financial income | 75/76B | €611 | €477 | -€133 | -21.8% |
| Recurring financial income | 75 | €611 | €477 | -€133 | -21.8% |
| Financial charges | 65/66B | €1,938 | €2,467 | +€529 | +27.3% |
| Recurring financial charges | 65 | €1,938 | €2,467 | +€529 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €138,291 | €140,609 | +€2,318 | +1.7% |
| Income taxes | 67/77 | €31,858 | €32,778 | +€919 | +2.9% |
| Profit (loss) for the period | 9904 | €106,433 | €107,832 | +€1,399 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €106,433 | €107,832 | +€1,399 | +1.3% |
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 7 October 2026 via checked.be.