DSA 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.
DSA CONSULT
Largest movements
- Cash +€16,624
up €16,624 (+46.2%), from €36,015 to €52,639
mainly Net result for the year (+€78,580) and Tax, wage and social debts (+€18,178)
- Receivables within one year -€13,515
down €13,515 (-41.5%), from €32,594 to €19,079
of which Trade receivables: -€12,556
- Tangible fixed assets -€5,066
down €5,066 (-12.3%), from €41,080 to €36,015
of which Land and buildings: -€4,225
- Tax, wage and social debts +€18,178
up €18,178 (+97.7%), from €18,607 to €36,786
of which Taxes: +€17,560
- Other debts -€17,188
down €17,188 (-26.8%), from €64,058 to €46,870
- Trade debts -€1,733
down €1,733 (-45.8%), from €3,783 to €2,050
- Gross operating margin +€22,607
up €22,607 (+26.1%), from €86,697 to €109,304
- Taxes +€6,764
up €6,764 (+47.9%), from €14,136 to €20,900
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 | €109,689 | €108,561 | -€1,128 | -1.0% |
| Fixed assets | 21/28 | €41,080 | €36,015 | -€5,066 | -12.3% |
| Tangible fixed assets | 22/27 | €41,080 | €36,015 | -€5,066 | -12.3% |
| Land and buildings | 22 | €38,680 | €34,455 | -€4,225 | -10.9% |
| Furniture and vehicles | 24 | €2,400 | €1,559 | -€841 | -35.0% |
| Current assets | 29/58 | €68,609 | €72,547 | +€3,938 | +5.7% |
| Amounts receivable within one year | 40/41 | €32,594 | €19,079 | -€13,515 | -41.5% |
| Trade receivables | 40 | €31,635 | €19,079 | -€12,556 | -39.7% |
| Other amounts receivable | 41 | €959 | - | -€959 | |
| Current investments | 50/53 | - | €108 | +€108 | |
| Cash at bank and in hand | 54/58 | €36,015 | €52,639 | +€16,624 | +46.2% |
| Deferred charges and accrued income | 490/1 | - | €721 | +€721 | |
| Total equity and liabilities | 10/49 | €109,689 | €108,561 | -€1,128 | -1.0% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €91,089 | €89,961 | -€1,128 | -1.2% |
| Amounts payable within one year | 42/48 | €90,839 | €89,961 | -€878 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €4,263 | €4,251 | -€12 | -0.3% |
| Financial debts | 43 | €128 | €5 | -€123 | -96.1% |
| Credit institutions | 430/8 | €128 | €5 | -€123 | -96.1% |
| Trade debts | 44 | €3,783 | €2,050 | -€1,733 | -45.8% |
| Suppliers | 440/4 | €3,783 | €2,050 | -€1,733 | -45.8% |
| Taxes, remuneration and social security | 45 | €18,607 | €36,786 | +€18,178 | +97.7% |
| Taxes | 450/3 | €16,714 | €34,274 | +€17,560 | +105.1% |
| Remuneration and social security | 454/9 | €1,893 | €2,512 | +€618 | +32.7% |
| Other amounts payable | 47/48 | €64,058 | €46,870 | -€17,188 | -26.8% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,491 | €6,837 | +€346 | +5.3% |
| Other operating charges | 640/8 | €859 | €492 | -€367 | -42.7% |
| Gross operating margin | 9900 | €86,697 | €109,304 | +€22,607 | +26.1% |
| Operating profit (loss) | 9901 | €79,347 | €101,975 | +€22,628 | +28.5% |
| Financial income | 75/76B | €162 | €232 | +€70 | +43.4% |
| Recurring financial income | 75 | €162 | €232 | +€70 | +43.4% |
| Financial charges | 65/66B | €2,878 | €2,726 | -€152 | -5.3% |
| Recurring financial charges | 65 | €2,878 | €2,726 | -€152 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €76,631 | €99,480 | +€22,850 | +29.8% |
| Income taxes | 67/77 | €14,136 | €20,900 | +€6,764 | +47.9% |
| Profit (loss) for the period | 9904 | €62,495 | €78,580 | +€16,085 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,495 | €78,580 | +€16,085 | +25.7% |
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 3 October 2026 via checked.be.