DSD 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.
What changed
DSD CONSULT
NACE 73.200, Market research and public opinion polling
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€84,398
2024 · €72,252+€12,145
Equity
€673,002
2024 · €588,605+€84,398
Cash
€4,182
2024 · €2,718+€1,464
Balance sheet total
€761,739
2024 · €651,441+€110,298
Largest movements
Assets
- Receivables within one year +€109,046
up €109,046 (+17.1%), from €637,944 to €746,990
of which Other amounts receivable: +€113,165
Equity and liabilities
- Profit (loss) carried forward +€84,398
up €84,398 (+16.2%), from €520,405 to €604,802
- Short-term financial debts +€15,021
up €15,021 (+98.7%), from €15,221 to €30,242
of which Other loans: +€15,000
- Current portion of long-term debt +€9,957
new in 2025: €9,957
Income statement
- Gross operating margin +€20,306
up €20,306 (+30.3%), from €66,991 to €87,298
- Taxes +€9,488
up €9,488 (+35.4%), from €26,838 to €36,326
- Financial income +€2,791
up €2,791 (+8.1%), from €34,513 to €37,304
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.
Result 2024
€72,252
Gross operating margin
+€20,306
Depreciation
-€48
Other operating charges
-€89
Other operating items
-€564
Financial income
+€2,791
Financial charges
-€764
Taxes
-€9,488
Result 2025
€84,398
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.
From operations
-€24,296
Investment
-€918
Financing
+€26,678
Cash 2024
€2,718
From operations (derived)
-€24,296
Net result for the year
+€84,398
Depreciation
+€1,133
Receivables within one year
-€109,046
Smaller working-capital items
+€24
Trade debts
+€642
Tax, wage and social debts
-€1,447
Investment (derived)
-€918
Investment in fixed assets (net)
-€918
Financing
+€26,678
Debts after one year
+€1,700
Current portion of long-term debt
+€9,957
Short-term financial debts
+€15,021
Cash 2025
€4,182
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €651,441 | €761,739 | +€110,298 | +16.9% |
| Fixed assets | 21/28 | €10,548 | €10,333 | -€216 | -2.0% |
| Intangible fixed assets | 21 | €86 | €0 | -€86 | -100.0% |
| Tangible fixed assets | 22/27 | €6,606 | €6,476 | -€129 | -2.0% |
| Furniture and vehicles | 24 | €2,265 | €2,136 | -€129 | -5.7% |
| Other tangible fixed assets | 26 | €4,341 | €4,341 | = | 0.0% |
| Financial fixed assets | 28 | €3,856 | €3,856 | = | 0.0% |
| Current assets | 29/58 | €640,892 | €751,406 | +€110,514 | +17.2% |
| Amounts receivable within one year | 40/41 | €637,944 | €746,990 | +€109,046 | +17.1% |
| Trade receivables | 40 | €6,974 | €2,855 | -€4,119 | -59.1% |
| Other amounts receivable | 41 | €630,970 | €744,135 | +€113,165 | +17.9% |
| Cash at bank and in hand | 54/58 | €2,718 | €4,182 | +€1,464 | +53.9% |
| Deferred charges and accrued income | 490/1 | €230 | €234 | +€4 | +1.7% |
| Total equity and liabilities | 10/49 | €651,441 | €761,739 | +€110,298 | +16.9% |
| Equity | 10/15 | €588,605 | €673,002 | +€84,398 | +14.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,405 | €604,802 | +€84,398 | +16.2% |
| Amounts payable | 17/49 | €62,836 | €88,737 | +€25,901 | +41.2% |
| Amounts payable after more than one year | 17 | - | €1,700 | +€1,700 | |
| Financial debts | 170/4 | - | €1,700 | +€1,700 | |
| Amounts payable within one year | 42/48 | €62,836 | €87,009 | +€24,173 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,957 | +€9,957 | |
| Financial debts | 43 | €15,221 | €30,242 | +€15,021 | +98.7% |
| Credit institutions | 430/8 | €15,221 | €15,242 | +€21 | +0.1% |
| Other loans | 439 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €7,812 | €8,454 | +€642 | +8.2% |
| Suppliers | 440/4 | €7,812 | €8,454 | +€642 | +8.2% |
| Taxes, remuneration and social security | 45 | €39,803 | €38,356 | -€1,447 | -3.6% |
| Taxes | 450/3 | €31,803 | €30,356 | -€1,447 | -4.6% |
| Remuneration and social security | 454/9 | €8,000 | €8,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,133 | +€48 | +4.4% |
| Other operating charges | 640/8 | €537 | €626 | +€89 | +16.7% |
| Non-recurring operating charges | 66A | €189 | €753 | +€564 | +297.7% |
| Gross operating margin | 9900 | €66,991 | €87,298 | +€20,306 | +30.3% |
| Operating profit (loss) | 9901 | €65,180 | €84,786 | +€19,606 | +30.1% |
| Financial income | 75/76B | €34,513 | €37,304 | +€2,791 | +8.1% |
| Recurring financial income | 75 | €34,513 | €37,304 | +€2,791 | +8.1% |
| Financial charges | 65/66B | €603 | €1,366 | +€764 | +126.7% |
| Recurring financial charges | 65 | €603 | €1,366 | +€764 | +126.7% |
| Profit (loss) for the period before taxes | 9903 | €99,090 | €120,723 | +€21,633 | +21.8% |
| Income taxes | 67/77 | €26,838 | €36,326 | +€9,488 | +35.4% |
| Profit (loss) for the period | 9904 | €72,252 | €84,398 | +€12,145 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,252 | €84,398 | +€12,145 | +16.8% |
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 10 October 2026 via checked.be.