DV 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.
DV Consult
Largest movements
- Cash +€93,007
up €93,007 (+40.1%), from €231,898 to €324,905
mainly Net result for the year (+€84,744) and Receivables within one year (+€41,237)
- Receivables within one year -€41,237
down €41,237 (-36.3%), from €113,561 to €72,324
of which Trade receivables: -€40,931
- Reserves +€42,244
up €42,244 (+8.2%), from €514,313 to €556,556
of which Distributable reserves: +€42,244
- Provisions +€36,738
new in 2025: €36,738
- Trade debts -€12,615
down €12,615 (-70.4%), from €17,916 to €5,301
- Tax, wage and social debts -€11,656
down €11,656 (-43.3%), from €26,933 to €15,277
- Provisions +€36,738
new in 2025: €36,738
- Gross operating margin -€32,232
down €32,232 (-15.2%), from €212,601 to €180,369
- Financial charges -€27,732
down €27,732 (-56.1%), from €49,460 to €21,728
- Taxes -€9,063
down €9,063 (-17.7%), from €51,218 to €42,155
- Financial income +€4,501
up €4,501 (+165.3%), from €2,723 to €7,224
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 | €569,161 | €624,779 | +€55,618 | +9.8% |
| Fixed assets | 21/28 | €0 | €427 | +€427 | |
| Tangible fixed assets | 22/27 | €0 | €427 | +€427 | |
| Plant, machinery and equipment | 23 | - | €427 | +€427 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €569,161 | €624,352 | +€55,191 | +9.7% |
| Amounts receivable after more than one year | 29 | €112,500 | €109,113 | -€3,387 | -3.0% |
| Other amounts receivable | 291 | €112,500 | €109,113 | -€3,387 | -3.0% |
| Amounts receivable within one year | 40/41 | €113,561 | €72,324 | -€41,237 | -36.3% |
| Trade receivables | 40 | €109,728 | €68,797 | -€40,931 | -37.3% |
| Other amounts receivable | 41 | €3,833 | €3,527 | -€306 | -8.0% |
| Current investments | 50/53 | €107,862 | €113,271 | +€5,410 | +5.0% |
| Cash at bank and in hand | 54/58 | €231,898 | €324,905 | +€93,007 | +40.1% |
| Deferred charges and accrued income | 490/1 | €3,341 | €4,739 | +€1,398 | +41.8% |
| Total equity and liabilities | 10/49 | €569,161 | €624,779 | +€55,618 | +9.8% |
| Equity | 10/15 | €524,313 | €566,556 | +€42,244 | +8.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €514,313 | €556,556 | +€42,244 | +8.2% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €451,163 | €493,406 | +€42,244 | +9.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €36,738 | +€36,738 | |
| Provisions for liabilities and charges | 160/5 | - | €36,738 | +€36,738 | |
| Other liabilities and charges | 164/5 | - | €36,738 | +€36,738 | |
| Amounts payable | 17/49 | €44,849 | €21,485 | -€23,364 | -52.1% |
| Amounts payable within one year | 42/48 | €44,849 | €21,428 | -€23,421 | -52.2% |
| Trade debts | 44 | €17,916 | €5,301 | -€12,615 | -70.4% |
| Suppliers | 440/4 | €17,916 | €5,301 | -€12,615 | -70.4% |
| Taxes, remuneration and social security | 45 | €26,933 | €15,277 | -€11,656 | -43.3% |
| Taxes | 450/3 | €26,933 | €15,277 | -€11,656 | -43.3% |
| Other amounts payable | 47/48 | €0 | €850 | +€850 | |
| Accrued charges and deferred income | 492/3 | - | €57 | +€57 | |
| Non-recurring operating income | 76A | €13,199 | €172 | -€13,026 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €197 | +€197 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,738 | +€36,738 | |
| Other operating charges | 640/8 | €6,241 | €2,031 | -€4,210 | -67.5% |
| Gross operating margin | 9900 | €212,601 | €180,369 | -€32,232 | -15.2% |
| Operating profit (loss) | 9901 | €206,360 | €141,403 | -€64,958 | -31.5% |
| Financial income | 75/76B | €2,723 | €7,224 | +€4,501 | +165.3% |
| Recurring financial income | 75 | €2,723 | €7,224 | +€4,501 | +165.3% |
| Financial charges | 65/66B | €49,460 | €21,728 | -€27,732 | -56.1% |
| Recurring financial charges | 65 | €49,460 | €21,728 | -€27,732 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €159,623 | €126,899 | -€32,724 | -20.5% |
| Income taxes | 67/77 | €51,218 | €42,155 | -€9,063 | -17.7% |
| Profit (loss) for the period | 9904 | €108,406 | €84,744 | -€23,662 | -21.8% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €108,406 | €84,744 | -€23,662 | -21.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.