DSF 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.
DSF CONSULTING
Largest movements
- Receivables within one year +€249,086
up €249,086 (+379%), from €65,770 to €314,856
of which Trade receivables: +€218,552
- Current investments -€35,179
down €35,179 (-72.5%), from €48,509 to €13,330
- Tangible fixed assets +€5,468
up €5,468 (+51.9%), from €10,525 to €15,993
of which Furniture and vehicles: +€5,529
- Trade debts +€187,538
up €187,538 (+3,634%), from €5,161 to €192,699
- Reserves +€41,442
up €41,442 (+23.8%), from €174,067 to €215,508
- Other debts -€11,960
down €11,960 (-45.1%), from €26,537 to €14,576
- Short-term financial debts +€5,030
up €5,030 (+33.0%), from €15,240 to €20,270
- Tax, wage and social debts -€4,823
down €4,823 (-92.7%), from €5,205 to €381
- Gross operating margin -€18,391
down €18,391 (-21.7%), from €84,580 to €66,188
- Financial income +€7,404
up €7,404 (+152%), from €4,874 to €12,278
- Taxes -€3,169
down €3,169 (-15.7%), from €20,127 to €16,958
- Depreciation +€1,937
up €1,937 (+69.4%), from €2,790 to €4,728
- Financial charges -€993
down €993 (-26.3%), from €3,770 to €2,777
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 | €228,709 | €445,935 | +€217,225 | +95.0% |
| Fixed assets | 21/28 | €10,525 | €15,993 | +€5,468 | +51.9% |
| Tangible fixed assets | 22/27 | €10,525 | €15,993 | +€5,468 | +51.9% |
| Plant, machinery and equipment | 23 | €1,377 | €651 | -€725 | -52.7% |
| Furniture and vehicles | 24 | €5,129 | €10,658 | +€5,529 | +108% |
| Other tangible fixed assets | 26 | €4,020 | €4,683 | +€664 | +16.5% |
| Current assets | 29/58 | €218,184 | €429,941 | +€211,758 | +97.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,770 | €314,856 | +€249,086 | +379% |
| Trade receivables | 40 | €47,256 | €265,808 | +€218,552 | +462% |
| Other amounts receivable | 41 | €18,513 | €49,048 | +€30,535 | +165% |
| Current investments | 50/53 | €48,509 | €13,330 | -€35,179 | -72.5% |
| Cash at bank and in hand | 54/58 | €2,571 | €466 | -€2,105 | -81.9% |
| Deferred charges and accrued income | 490/1 | €1,334 | €1,289 | -€45 | -3.3% |
| Total equity and liabilities | 10/49 | €228,709 | €445,935 | +€217,225 | +95.0% |
| Equity | 10/15 | €176,567 | €218,008 | +€41,442 | +23.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €174,067 | €215,508 | +€41,442 | +23.8% |
| Distributable reserves | 133 | €174,067 | €215,508 | +€41,442 | +23.8% |
| Amounts payable | 17/49 | €52,142 | €227,926 | +€175,784 | +337% |
| Amounts payable within one year | 42/48 | €52,142 | €227,926 | +€175,784 | +337% |
| Financial debts | 43 | €15,240 | €20,270 | +€5,030 | +33.0% |
| Credit institutions | 430/8 | €15,240 | €20,270 | +€5,030 | +33.0% |
| Trade debts | 44 | €5,161 | €192,699 | +€187,538 | +3,634% |
| Suppliers | 440/4 | €5,161 | €192,699 | +€187,538 | +3,634% |
| Taxes, remuneration and social security | 45 | €5,205 | €381 | -€4,823 | -92.7% |
| Taxes | 450/3 | €5,205 | €381 | -€4,823 | -92.7% |
| Other amounts payable | 47/48 | €26,537 | €14,576 | -€11,960 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,790 | €4,728 | +€1,937 | +69.4% |
| Other operating charges | 640/8 | €1,955 | €1,362 | -€593 | -30.3% |
| Gross operating margin | 9900 | €84,580 | €66,188 | -€18,391 | -21.7% |
| Operating profit (loss) | 9901 | €79,834 | €60,098 | -€19,735 | -24.7% |
| Financial income | 75/76B | €4,874 | €12,278 | +€7,404 | +152% |
| Recurring financial income | 75 | €4,874 | €12,278 | +€7,404 | +152% |
| Financial charges | 65/66B | €3,770 | €2,777 | -€993 | -26.3% |
| Recurring financial charges | 65 | €3,770 | €2,777 | -€993 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €80,938 | €69,600 | -€11,338 | -14.0% |
| Income taxes | 67/77 | €20,127 | €16,958 | -€3,169 | -15.7% |
| Profit (loss) for the period | 9904 | €60,811 | €52,642 | -€8,169 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,811 | €52,642 | -€8,169 | -13.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.