DV CONSULT & MANAGEMENT: 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.
DV CONSULT & MANAGEMENT
Largest movements
- Deferred charges and accrued income +€287,162
up €287,162 (+227%), from €126,445 to €413,607
- Financial fixed assets +€67,500
up €67,500 (+26.7%), from €252,376 to €319,876
- Tangible fixed assets -€48,870
down €48,870 (-24.4%), from €200,559 to €151,689
of which Other tangible fixed assets: -€35,215
- Receivables within one year +€46,530
up €46,530 (+13.6%), from €341,239 to €387,769
of which Trade receivables: +€32,500
- Debts after one year +€257,785
up €257,785 (+58.7%), from €438,839 to €696,624
of which Other amounts payable: +€165,219
- Short-term financial debts +€200,000
new in 2025: €200,000
- Other debts -€88,877
down €88,877 (-87.6%), from €101,493 to €12,616
- Trade debts +€34,739
up €34,739 (+40.1%), from €86,525 to €121,264
- Advances received -€31,000
down €31,000 (-20.5%), from €151,000 to €120,000
- Gross operating margin +€51,368
up €51,368 (+20.6%), from €249,572 to €300,940
- Staff costs +€18,121
up €18,121 (+12.5%), from €144,607 to €162,729
- Taxes +€15,354
up €15,354 (+116%), from €13,210 to €28,564
- Other operating charges +€10,258
up €10,258 (+44.2%), from €23,214 to €33,472
- Depreciation +€4,187
up €4,187 (+9.4%), from €44,683 to €48,870
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 | €923,888 | €1,281,988 | +€358,099 | +38.8% |
| Fixed assets | 21/28 | €452,935 | €471,565 | +€18,630 | +4.1% |
| Tangible fixed assets | 22/27 | €200,559 | €151,689 | -€48,870 | -24.4% |
| Furniture and vehicles | 24 | €35,480 | €21,826 | -€13,655 | -38.5% |
| Other tangible fixed assets | 26 | €165,079 | €129,864 | -€35,215 | -21.3% |
| Financial fixed assets | 28 | €252,376 | €319,876 | +€67,500 | +26.7% |
| Current assets | 29/58 | €470,954 | €810,423 | +€339,469 | +72.1% |
| Amounts receivable within one year | 40/41 | €341,239 | €387,769 | +€46,530 | +13.6% |
| Trade receivables | 40 | - | €32,500 | +€32,500 | |
| Other amounts receivable | 41 | €341,239 | €355,269 | +€14,030 | +4.1% |
| Cash at bank and in hand | 54/58 | €3,270 | €9,047 | +€5,777 | +177% |
| Deferred charges and accrued income | 490/1 | €126,445 | €413,607 | +€287,162 | +227% |
| Total equity and liabilities | 10/49 | €923,888 | €1,281,988 | +€358,099 | +38.8% |
| Equity | 10/15 | €56,373 | €57,054 | +€681 | +1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,373 | €7,054 | +€681 | +10.7% |
| Amounts payable | 17/49 | €867,516 | €1,224,934 | +€357,418 | +41.2% |
| Amounts payable after more than one year | 17 | €438,839 | €696,624 | +€257,785 | +58.7% |
| Financial debts | 170/4 | €150,000 | €242,566 | +€92,566 | +61.7% |
| Other amounts payable | 178/9 | €288,839 | €454,059 | +€165,219 | +57.2% |
| Amounts payable within one year | 42/48 | €424,032 | €519,822 | +€95,789 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €37,813 | €25,916 | -€11,897 | -31.5% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €86,525 | €121,264 | +€34,739 | +40.1% |
| Suppliers | 440/4 | €86,525 | €121,264 | +€34,739 | +40.1% |
| Advances received on contracts in progress | 46 | €151,000 | €120,000 | -€31,000 | -20.5% |
| Taxes, remuneration and social security | 45 | €47,201 | €40,025 | -€7,176 | -15.2% |
| Taxes | 450/3 | €47,201 | €31,361 | -€15,840 | -33.6% |
| Remuneration and social security | 454/9 | - | €8,664 | +€8,664 | |
| Other amounts payable | 47/48 | €101,493 | €12,616 | -€88,877 | -87.6% |
| Accrued charges and deferred income | 492/3 | €4,645 | €8,488 | +€3,843 | +82.8% |
| Remuneration, social security and pensions | 62 | €144,607 | €162,729 | +€18,121 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,683 | €48,870 | +€4,187 | +9.4% |
| Other operating charges | 640/8 | €23,214 | €33,472 | +€10,258 | +44.2% |
| Gross operating margin | 9900 | €249,572 | €300,940 | +€51,368 | +20.6% |
| Operating profit (loss) | 9901 | €37,068 | €55,870 | +€18,802 | +50.7% |
| Financial income | 75/76B | €6,716 | €9,785 | +€3,069 | +45.7% |
| Recurring financial income | 75 | €6,716 | €9,785 | +€3,069 | +45.7% |
| Financial charges | 65/66B | €33,788 | €36,410 | +€2,622 | +7.8% |
| Recurring financial charges | 65 | €33,788 | €36,410 | +€2,622 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €9,997 | €29,246 | +€19,249 | +193% |
| Income taxes | 67/77 | €13,210 | €28,564 | +€15,354 | +116% |
| Profit (loss) for the period | 9904 | -€3,214 | €681 | +€3,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,214 | €681 | +€3,895 |
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 14 October 2026 via checked.be.