DVCD 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.
DVCD CONSULTING
Largest movements
- Cash -€315,208
down €315,208 (-54.6%), from €577,375 to €262,168
mainly Other debts (-€251,000) and Contributions, distributions and other (-€235,500)
- Receivables within one year -€170,984
down €170,984 (-60.0%), from €285,042 to €114,058
of which Other amounts receivable: -€170,958
- Other debts -€251,000
no longer reported in 2025 (was €251,000)
- Profit (loss) carried forward -€238,813
down €238,813 (-40.4%), from €590,449 to €351,636
- Trade debts +€10,296
new in 2025: €10,296
- Gross operating margin +€4,617
up €4,617 (+28.1%), from €16,431 to €21,048
- Taxes +€2,521
up €2,521 (+19.0%), from €13,261 to €15,782
- Financial income -€1,928
down €1,928 (-100.0%), from €1,928 to €0
- Depreciation +€439
up €439 (+12.0%), from €3,654 to €4,093
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 | €879,195 | €396,607 | -€482,588 | -54.9% |
| Fixed assets | 21/28 | €14,598 | €18,200 | +€3,602 | +24.7% |
| Tangible fixed assets | 22/27 | €14,598 | €18,200 | +€3,602 | +24.7% |
| Furniture and vehicles | 24 | €7,770 | €9,462 | +€1,692 | +21.8% |
| Other tangible fixed assets | 26 | €6,827 | €8,738 | +€1,911 | +28.0% |
| Current assets | 29/58 | €864,598 | €378,408 | -€486,190 | -56.2% |
| Amounts receivable within one year | 40/41 | €285,042 | €114,058 | -€170,984 | -60.0% |
| Trade receivables | 40 | €26 | - | -€26 | |
| Other amounts receivable | 41 | €285,016 | €114,058 | -€170,958 | -60.0% |
| Cash at bank and in hand | 54/58 | €577,375 | €262,168 | -€315,208 | -54.6% |
| Deferred charges and accrued income | 490/1 | €2,180 | €2,182 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €879,195 | €396,607 | -€482,588 | -54.9% |
| Equity | 10/15 | €610,909 | €372,096 | -€238,813 | -39.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €590,449 | €351,636 | -€238,813 | -40.4% |
| Amounts payable | 17/49 | €268,286 | €24,511 | -€243,775 | -90.9% |
| Amounts payable within one year | 42/48 | €268,286 | €24,511 | -€243,775 | -90.9% |
| Trade debts | 44 | - | €10,296 | +€10,296 | |
| Suppliers | 440/4 | - | €10,296 | +€10,296 | |
| Taxes, remuneration and social security | 45 | €17,286 | €14,215 | -€3,071 | -17.8% |
| Taxes | 450/3 | €17,286 | €14,215 | -€3,071 | -17.8% |
| Other amounts payable | 47/48 | €251,000 | - | -€251,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,654 | €4,093 | +€439 | +12.0% |
| Other operating charges | 640/8 | €929 | €1,098 | +€168 | +18.1% |
| Gross operating margin | 9900 | €16,431 | €21,048 | +€4,617 | +28.1% |
| Operating profit (loss) | 9901 | €11,848 | €15,857 | +€4,010 | +33.8% |
| Financial income | 75/76B | €1,928 | €0 | -€1,928 | -100.0% |
| Recurring financial income | 75 | €1,928 | €0 | -€1,928 | -100.0% |
| Financial charges | 65/66B | €3,194 | €3,389 | +€195 | +6.1% |
| Recurring financial charges | 65 | €3,194 | €3,389 | +€195 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €10,582 | €12,469 | +€1,887 | +17.8% |
| Income taxes | 67/77 | €13,261 | €15,782 | +€2,521 | +19.0% |
| Profit (loss) for the period | 9904 | -€2,679 | -€3,313 | -€634 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,679 | -€3,313 | -€634 | -23.7% |
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.