DS 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.
DS Consulting
Largest movements
- Cash -€40,853
down €40,853 (-28.0%), from €145,983 to €105,130
mainly Contributions, distributions and other (-€120,000) and Investment in fixed assets (net) (-€47,906)
- Tangible fixed assets +€18,318
up €18,318 (+43.6%), from €42,061 to €60,380
of which Leasing and similar rights: +€18,204
- Reserves -€54,883
down €54,883 (-38.0%), from €144,611 to €89,727
of which Distributable reserves: -€54,883
- Other debts +€26,956
up €26,956 (+248%), from €10,888 to €37,844
- Debts after one year +€18,146
up €18,146 (+363%), from €5,000 to €23,146
- Accrued charges and deferred income -€6,633
down €6,633 (-87.5%), from €7,581 to €948
- Trade debts -€6,340
down €6,340 (-41.1%), from €15,432 to €9,092
- Staff costs +€109,820
up €109,820 (+197%), from €55,606 to €165,426
- Gross operating margin +€70,107
up €70,107 (+32.8%), from €213,435 to €283,542
- Taxes -€21,287
down €21,287 (-59.6%), from €35,698 to €14,410
- Depreciation +€11,126
up €11,126 (+60.3%), from €18,462 to €29,588
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 | €221,712 | €200,093 | -€21,619 | -9.8% |
| Fixed assets | 21/28 | €44,911 | €63,230 | +€18,318 | +40.8% |
| Tangible fixed assets | 22/27 | €42,061 | €60,380 | +€18,318 | +43.6% |
| Plant, machinery and equipment | 23 | €32,357 | €26,876 | -€5,481 | -16.9% |
| Furniture and vehicles | 24 | €4,142 | €10,375 | +€6,233 | +150% |
| Leasing and similar rights | 25 | - | €18,204 | +€18,204 | |
| Other tangible fixed assets | 26 | €5,561 | €4,924 | -€638 | -11.5% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €176,801 | €136,863 | -€39,938 | -22.6% |
| Amounts receivable within one year | 40/41 | €23,324 | €23,377 | +€53 | +0.2% |
| Trade receivables | 40 | €21,998 | €17,332 | -€4,666 | -21.2% |
| Other amounts receivable | 41 | €1,326 | €6,045 | +€4,719 | +356% |
| Cash at bank and in hand | 54/58 | €145,983 | €105,130 | -€40,853 | -28.0% |
| Deferred charges and accrued income | 490/1 | €7,493 | €8,356 | +€863 | +11.5% |
| Total equity and liabilities | 10/49 | €221,712 | €200,093 | -€21,619 | -9.8% |
| Equity | 10/15 | €149,611 | €94,727 | -€54,883 | -36.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €144,611 | €89,727 | -€54,883 | -38.0% |
| Tax-exempt reserves | 132 | €21,054 | €21,054 | = | 0.0% |
| Distributable reserves | 133 | €123,556 | €68,673 | -€54,883 | -44.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,101 | €105,365 | +€33,264 | +46.1% |
| Amounts payable after more than one year | 17 | €5,000 | €23,146 | +€18,146 | +363% |
| Financial debts | 170/4 | €5,000 | €23,146 | +€18,146 | +363% |
| Amounts payable within one year | 42/48 | €59,520 | €81,272 | +€21,752 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,069 | +€5,069 | |
| Trade debts | 44 | €15,432 | €9,092 | -€6,340 | -41.1% |
| Suppliers | 440/4 | €15,432 | €9,092 | -€6,340 | -41.1% |
| Taxes, remuneration and social security | 45 | €33,201 | €29,268 | -€3,933 | -11.8% |
| Taxes | 450/3 | €28,099 | €18,859 | -€9,240 | -32.9% |
| Remuneration and social security | 454/9 | €5,102 | €10,409 | +€5,307 | +104% |
| Other amounts payable | 47/48 | €10,888 | €37,844 | +€26,956 | +248% |
| Accrued charges and deferred income | 492/3 | €7,581 | €948 | -€6,633 | -87.5% |
| Non-recurring operating income | 76A | - | €2,133 | +€2,133 | |
| Remuneration, social security and pensions | 62 | €55,606 | €165,426 | +€109,820 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,462 | €29,588 | +€11,126 | +60.3% |
| Other operating charges | 640/8 | €1,316 | €2,078 | +€762 | +57.9% |
| Non-recurring operating charges | 66A | €1,284 | €758 | -€525 | -40.9% |
| Gross operating margin | 9900 | €213,435 | €283,542 | +€70,107 | +32.8% |
| Operating profit (loss) | 9901 | €136,767 | €85,691 | -€51,076 | -37.3% |
| Financial income | 75/76B | €1,442 | €1,643 | +€201 | +13.9% |
| Recurring financial income | 75 | €1,442 | €1,643 | +€201 | +13.9% |
| Financial charges | 65/66B | €5,452 | €7,808 | +€2,355 | +43.2% |
| Recurring financial charges | 65 | €5,452 | €7,808 | +€2,355 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €132,757 | €79,527 | -€53,230 | -40.1% |
| Income taxes | 67/77 | €35,698 | €14,410 | -€21,287 | -59.6% |
| Profit (loss) for the period | 9904 | €97,059 | €65,117 | -€31,943 | -32.9% |
| Transfer to tax-exempt reserves | 689 | €21,054 | €0 | -€21,054 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €76,005 | €65,117 | -€10,888 | -14.3% |
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.