DSL CONSEILS: 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.
DSL CONSEILS
Largest movements
- Intangible fixed assets -€54,000
down €54,000 (-10.7%), from €504,000 to €450,000
- Cash -€29,282
down €29,282 (-76.7%), from €38,153 to €8,872
mainly Debts after one year (-€47,051) and Trade debts (-€16,503)
- Debts after one year -€47,051
down €47,051 (-9.0%), from €520,115 to €473,063
- Trade debts -€16,503
no longer reported in 2025 (was €16,503)
- Other debts -€16,263
down €16,263 (-39.4%), from €41,272 to €25,009
- Gross operating margin +€63,054
up €63,054 (+210.6%), from €29,934 to €92,988
- Depreciation +€18,112
up €18,112 (+50.3%), from €36,000 to €54,112
- Staff costs +€12,328
up €12,328 (+500.9%), from €2,461 to €14,789
- Financial charges +€9,470
up €9,470 (+60.4%), from €15,681 to €25,151
- Other operating charges +€950
up €950 (+152.4%), from €624 to €1,574
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 | €607,883 | €530,224 | -€77,658 | -12.8% |
| Fixed assets | 21/28 | €504,000 | €451,299 | -€52,701 | -10.5% |
| Intangible fixed assets | 21 | €504,000 | €450,000 | -€54,000 | -10.7% |
| Tangible fixed assets | 22/27 | - | €1,299 | +€1,299 | |
| Furniture and vehicles | 24 | - | €1,299 | +€1,299 | |
| Current assets | 29/58 | €103,883 | €78,925 | -€24,957 | -24.0% |
| Amounts receivable within one year | 40/41 | €65,401 | €67,640 | +€2,239 | +3.4% |
| Trade receivables | 40 | €59,493 | €55,685 | -€3,808 | -6.4% |
| Other amounts receivable | 41 | €5,908 | €11,955 | +€6,047 | +102.4% |
| Cash at bank and in hand | 54/58 | €38,153 | €8,872 | -€29,282 | -76.7% |
| Deferred charges and accrued income | 490/1 | €328 | €2,413 | +€2,086 | +635.9% |
| Total equity and liabilities | 10/49 | €607,883 | €530,224 | -€77,658 | -12.8% |
| Equity | 10/15 | -€16,024 | -€18,662 | -€2,638 | -16.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,024 | -€73,662 | -€2,638 | -3.7% |
| Amounts payable | 17/49 | €623,907 | €548,887 | -€75,020 | -12.0% |
| Amounts payable after more than one year | 17 | €520,115 | €473,063 | -€47,051 | -9.0% |
| Financial debts | 170/4 | €520,115 | €473,063 | -€47,051 | -9.0% |
| Amounts payable within one year | 42/48 | €103,792 | €75,824 | -€27,969 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €45,006 | €47,051 | +€2,045 | +4.5% |
| Trade debts | 44 | €16,503 | - | -€16,503 | |
| Suppliers | 440/4 | €16,503 | - | -€16,503 | |
| Taxes, remuneration and social security | 45 | €1,011 | €3,763 | +€2,752 | +272.2% |
| Remuneration and social security | 454/9 | €1,011 | €3,763 | +€2,752 | +272.2% |
| Other amounts payable | 47/48 | €41,272 | €25,009 | -€16,263 | -39.4% |
| Remuneration, social security and pensions | 62 | €2,461 | €14,789 | +€12,328 | +500.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,000 | €54,112 | +€18,112 | +50.3% |
| Other operating charges | 640/8 | €624 | €1,574 | +€950 | +152.4% |
| Gross operating margin | 9900 | €29,934 | €92,988 | +€63,054 | +210.6% |
| Operating profit (loss) | 9901 | -€9,151 | €22,512 | +€31,664 | |
| Financial charges | 65/66B | €15,681 | €25,151 | +€9,470 | +60.4% |
| Recurring financial charges | 65 | €15,681 | €25,151 | +€9,470 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,832 | -€2,638 | +€22,194 | +89.4% |
| Profit (loss) for the period | 9904 | -€24,832 | -€2,638 | +€22,194 | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,832 | -€2,638 | +€22,194 | +89.4% |
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.