DSL 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.
DSL Consult
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Cash -€14,563
down €14,563 (-38.5%), from €37,807 to €23,245
mainly Contributions, distributions and other (-€40,116) and Current investments (-€30,000)
- Receivables within one year +€5,080
up €5,080 (+23.9%), from €21,248 to €26,327
- Tangible fixed assets +€2,257
up €2,257 (+16.5%), from €13,661 to €15,918
of which Other tangible fixed assets: +€2,397
- Current portion of long-term debt +€10,333
up €10,333 (+620.0%), from €1,667 to €12,000
- Reserves +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Other debts +€9,212
up €9,212 (+28.7%), from €32,077 to €41,289
- Trade debts -€6,990
down €6,990 (-67.0%), from €10,435 to €3,445
- Gross operating margin +€15,485
up €15,485 (+25.8%), from €60,024 to €75,509
- Taxes +€3,151
up €3,151 (+20.1%), from €15,689 to €18,840
- Depreciation +€2,477
up €2,477 (+87.2%), from €2,840 to €5,317
- Financial charges +€786
up €786 (+442.2%), from €178 to €964
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 | €75,272 | €98,311 | +€23,039 | +30.6% |
| Fixed assets | 21/28 | €13,661 | €15,918 | +€2,257 | +16.5% |
| Tangible fixed assets | 22/27 | €13,661 | €15,918 | +€2,257 | +16.5% |
| Plant, machinery and equipment | 23 | €1,521 | €982 | -€539 | -35.4% |
| Furniture and vehicles | 24 | €1,599 | €1,999 | +€400 | +25.0% |
| Other tangible fixed assets | 26 | €10,541 | €12,938 | +€2,397 | +22.7% |
| Current assets | 29/58 | €61,611 | €82,393 | +€20,782 | +33.7% |
| Amounts receivable within one year | 40/41 | €21,248 | €26,327 | +€5,080 | +23.9% |
| Trade receivables | 40 | €21,248 | €26,327 | +€5,080 | +23.9% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €37,807 | €23,245 | -€14,563 | -38.5% |
| Deferred charges and accrued income | 490/1 | €2,556 | €2,821 | +€265 | +10.4% |
| Total equity and liabilities | 10/49 | €75,272 | €98,311 | +€23,039 | +30.6% |
| Equity | 10/15 | €22,000 | €32,000 | +€10,000 | +45.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Distributable reserves | 133 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €53,272 | €66,311 | +€13,039 | +24.5% |
| Amounts payable within one year | 42/48 | €53,272 | €66,311 | +€13,039 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €1,667 | €12,000 | +€10,333 | +620.0% |
| Trade debts | 44 | €10,435 | €3,445 | -€6,990 | -67.0% |
| Suppliers | 440/4 | €10,435 | €3,445 | -€6,990 | -67.0% |
| Taxes, remuneration and social security | 45 | €9,092 | €9,577 | +€484 | +5.3% |
| Taxes | 450/3 | €9,092 | €9,377 | +€284 | +3.1% |
| Remuneration and social security | 454/9 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €32,077 | €41,289 | +€9,212 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,840 | €5,317 | +€2,477 | +87.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €60,024 | €75,509 | +€15,485 | +25.8% |
| Operating profit (loss) | 9901 | €56,796 | €69,792 | +€12,996 | +22.9% |
| Financial income | 75/76B | €88 | €127 | +€39 | +44.2% |
| Recurring financial income | 75 | €88 | €127 | +€39 | +44.2% |
| Financial charges | 65/66B | €178 | €964 | +€786 | +442.2% |
| Recurring financial charges | 65 | €178 | €964 | +€786 | +442.2% |
| Profit (loss) for the period before taxes | 9903 | €56,706 | €68,956 | +€12,249 | +21.6% |
| Income taxes | 67/77 | €15,689 | €18,840 | +€3,151 | +20.1% |
| Profit (loss) for the period | 9904 | €41,017 | €50,116 | +€9,098 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,017 | €50,116 | +€9,098 | +22.2% |
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 1 October 2026 via checked.be.