DTRA: what changed
What changed
DTRA
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €677,555+€954,069
Equity
€78.2m
2024 · €76.6m+€1.6m
Cash
€655,188
2024 · €441,071+€214,117
Balance sheet total
€78.5m
2024 · €76.7m+€1.8m
Largest movements
Assets
- Tangible fixed assets +€2.6m
up €2.6m (+24.1%), from €11.0m to €13.6m
of which Furniture and vehicles: +€2.6m
- Current investments -€2.2m
down €2.2m (-8.1%), from €26.5m to €24.3m
- Receivables within one year +€1.0m
up €1.0m (+3.7%), from €28.2m to €29.3m
of which Other amounts receivable: +€945,760
Equity and liabilities
- Reserves +€1.6m
up €1.6m (+2.1%), from €76.3m to €78.0m
of which Distributable reserves: +€2.0m
Income statement
- Financial income +€932,877
up €932,877 (+82.5%), from €1.1m to €2.1m
of which Financial income: +€928,974
- Taxes -€121,147
down €121,147 (-43.9%), from €276,099 to €154,953
- Gross operating margin -€73,794
down €73,794 (-18.1%), from €407,012 to €333,218
- Financial charges +€23,994
up €23,994 (+15.8%), from €151,448 to €175,442
- Other operating charges -€19,641
down €19,641 (-53.1%), from €37,022 to €17,381
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€677,555
Gross operating margin
-€73,794
Staff costs
-€3,898
Depreciation
-€13,875
Write-downs
-€4,035
Other operating charges
+€19,641
Financial income
+€932,877
Financial charges
-€23,994
Taxes
+€121,147
Result 2025
€1.6m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€921,037
Investment
-€706,920
Financing
€0
Cash 2024
€441,071
From operations (derived)
+€921,037
Net result for the year
+€1.6m
Depreciation
+€186,585
Stocks and contracts
-€12,178
Receivables within one year
-€1.0m
Smaller working-capital items
-€1,461
Trade debts
+€58,080
Other debts
+€89,114
Investment (derived)
-€706,920
Investment in fixed assets (net)
-€2.9m
Current investments
+€2.2m
Cash 2025
€655,188
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,739,339 | €78,512,593 | +€1.8m | +2.3% |
| Fixed assets | 21/28 | €20,588,189 | €23,260,321 | +€2.7m | +13.0% |
| Tangible fixed assets | 22/27 | €10,980,668 | €13,627,823 | +€2.6m | +24.1% |
| Land and buildings | 22 | €1,004,760 | €940,207 | -€64,553 | -6.4% |
| Plant, machinery and equipment | 23 | - | €103,943 | +€103,943 | |
| Furniture and vehicles | 24 | €9,975,908 | €12,583,673 | +€2.6m | +26.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €9,607,521 | €9,632,498 | +€24,977 | +0.3% |
| Current assets | 29/58 | €56,151,149 | €55,252,271 | -€898,878 | -1.6% |
| Amounts receivable after more than one year | 29 | €400,000 | €400,000 | = | 0.0% |
| Other amounts receivable | 291 | €400,000 | €400,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €56,954 | €69,132 | +€12,178 | +21.4% |
| Stocks | 30/36 | €56,954 | €69,132 | +€12,178 | +21.4% |
| Amounts receivable within one year | 40/41 | €28,224,413 | €29,255,139 | +€1.0m | +3.7% |
| Trade receivables | 40 | €39,557 | €124,523 | +€84,967 | +215% |
| Other amounts receivable | 41 | €28,184,856 | €29,130,616 | +€945,760 | +3.4% |
| Current investments | 50/53 | €26,487,700 | €24,335,903 | -€2.2m | -8.1% |
| Cash at bank and in hand | 54/58 | €441,071 | €655,188 | +€214,117 | +48.5% |
| Deferred charges and accrued income | 490/1 | €541,011 | €536,909 | -€4,103 | -0.8% |
| Total equity and liabilities | 10/49 | €76,739,339 | €78,512,593 | +€1.8m | +2.3% |
| Equity | 10/15 | €76,583,804 | €78,215,428 | +€1.6m | +2.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €76,333,804 | €77,965,428 | +€1.6m | +2.1% |
| Non-distributable reserves | 130/1 | €174,850 | €174,850 | = | 0.0% |
| Legal reserve | 130 | €174,850 | €174,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €355,219 | €0 | -€355,219 | -100% |
| Distributable reserves | 133 | €75,803,736 | €77,790,578 | +€2.0m | +2.6% |
| Amounts payable | 17/49 | €155,534 | €297,165 | +€141,630 | +91.1% |
| Amounts payable within one year | 42/48 | €147,367 | €289,188 | +€141,821 | +96.2% |
| Trade debts | 44 | €85,422 | €143,503 | +€58,080 | +68.0% |
| Suppliers | 440/4 | €85,422 | €143,503 | +€58,080 | +68.0% |
| Taxes, remuneration and social security | 45 | €51,095 | €45,722 | -€5,374 | -10.5% |
| Taxes | 450/3 | €20,481 | €20,738 | +€257 | +1.3% |
| Remuneration and social security | 454/9 | €30,614 | €24,984 | -€5,631 | -18.4% |
| Other amounts payable | 47/48 | €10,850 | €99,964 | +€89,114 | +821% |
| Accrued charges and deferred income | 492/3 | €8,167 | €7,977 | -€190 | -2.3% |
| Non-recurring operating income | 76A | €0 | €2,262 | +€2,262 | |
| Remuneration, social security and pensions | 62 | €227,245 | €231,143 | +€3,898 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,710 | €186,585 | +€13,875 | +8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,035 | €0 | +€4,035 | |
| Other operating charges | 640/8 | €37,022 | €17,381 | -€19,641 | -53.1% |
| Gross operating margin | 9900 | €407,012 | €333,218 | -€73,794 | -18.1% |
| Operating profit (loss) | 9901 | -€25,930 | -€101,892 | -€75,961 | -293% |
| Financial income | 75/76B | €1,131,032 | €2,063,909 | +€932,877 | +82.5% |
| Recurring financial income | 75 | €1,109,958 | €2,038,932 | +€928,974 | +83.7% |
| Non-recurring financial income | 76B | €21,073 | €24,977 | +€3,903 | +18.5% |
| Financial charges | 65/66B | €151,448 | €175,442 | +€23,994 | +15.8% |
| Recurring financial charges | 65 | €151,448 | €175,442 | +€23,994 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €953,654 | €1,786,576 | +€832,922 | +87.3% |
| Income taxes | 67/77 | €276,099 | €154,953 | -€121,147 | -43.9% |
| Profit (loss) for the period | 9904 | €677,555 | €1,631,623 | +€954,069 | +141% |
| Transfer from tax-exempt reserves | 789 | €276,281 | €355,219 | +€78,938 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €953,836 | €1,986,842 | +€1.0m | +108% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.