DV-Consult: 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
Largest movements
- Current investments +€90,318
up €90,318 (+100%), from €90,100 to €180,418
- Cash -€88,364
down €88,364 (-80.9%), from €109,183 to €20,819
mainly Current investments (-€90,318) and Receivables within one year (-€17,125)
- Receivables within one year +€17,125
up €17,125 (+101%), from €16,889 to €34,014
of which Other amounts receivable: +€11,870
- Tangible fixed assets +€8,447
up €8,447 (+34.5%), from €24,506 to €32,952
of which Furniture and vehicles: +€9,424
- Reserves +€64,284
up €64,284 (+36.1%), from €178,307 to €242,591
- Debts after one year -€12,916
down €12,916 (-100%), from €12,916 to €0
- Other debts -€11,986
down €11,986 (-100%), from €11,986 to €0
- Current portion of long-term debt -€6,049
down €6,049 (-23.6%), from €25,632 to €19,584
- Trade debts -€4,068
down €4,068 (-91.7%), from €4,438 to €370
- Gross operating margin +€29,556
up €29,556 (+39.4%), from €75,026 to €104,581
- Taxes +€9,135
up €9,135 (+41.2%), from €22,178 to €31,313
- Financial income +€6,750
up €6,750 (+179%), from €3,777 to €10,526
- Financial charges +€2,304
up €2,304 (+174%), from €1,324 to €3,628
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 | €243,578 | €272,665 | +€29,087 | +11.9% |
| Fixed assets | 21/28 | €24,506 | €32,952 | +€8,447 | +34.5% |
| Tangible fixed assets | 22/27 | €24,506 | €32,952 | +€8,447 | +34.5% |
| Plant, machinery and equipment | 23 | €978 | €0 | -€978 | -100% |
| Furniture and vehicles | 24 | €4,428 | €13,852 | +€9,424 | +213% |
| Other tangible fixed assets | 26 | €19,100 | €19,100 | = | 0.0% |
| Current assets | 29/58 | €219,073 | €239,713 | +€20,640 | +9.4% |
| Amounts receivable within one year | 40/41 | €16,889 | €34,014 | +€17,125 | +101% |
| Trade receivables | 40 | €16,683 | €21,938 | +€5,255 | +31.5% |
| Other amounts receivable | 41 | €206 | €12,076 | +€11,870 | +5,769% |
| Current investments | 50/53 | €90,100 | €180,418 | +€90,318 | +100% |
| Cash at bank and in hand | 54/58 | €109,183 | €20,819 | -€88,364 | -80.9% |
| Deferred charges and accrued income | 490/1 | €2,900 | €4,461 | +€1,561 | +53.8% |
| Total equity and liabilities | 10/49 | €243,578 | €272,665 | +€29,087 | +11.9% |
| Equity | 10/15 | €178,307 | €242,591 | +€64,284 | +36.1% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €178,307 | €242,591 | +€64,284 | +36.1% |
| Distributable reserves | 133 | €178,307 | €242,591 | +€64,284 | +36.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,271 | €30,074 | -€35,198 | -53.9% |
| Amounts payable after more than one year | 17 | €12,916 | €0 | -€12,916 | -100% |
| Financial debts | 170/4 | €12,916 | €0 | -€12,916 | -100% |
| Amounts payable within one year | 42/48 | €52,355 | €30,012 | -€22,343 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €25,632 | €19,584 | -€6,049 | -23.6% |
| Trade debts | 44 | €4,438 | €370 | -€4,068 | -91.7% |
| Suppliers | 440/4 | €4,438 | €370 | -€4,068 | -91.7% |
| Taxes, remuneration and social security | 45 | €10,298 | €10,058 | -€241 | -2.3% |
| Taxes | 450/3 | €10,298 | €10,058 | -€241 | -2.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,986 | €0 | -€11,986 | -100% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,273 | €2,704 | +€431 | +19.0% |
| Other operating charges | 640/8 | €3,393 | €3,824 | +€431 | +12.7% |
| Gross operating margin | 9900 | €75,026 | €104,581 | +€29,556 | +39.4% |
| Operating profit (loss) | 9901 | €69,359 | €98,052 | +€28,693 | +41.4% |
| Financial income | 75/76B | €3,777 | €10,526 | +€6,750 | +179% |
| Recurring financial income | 75 | €3,777 | €10,526 | +€6,750 | +179% |
| Financial charges | 65/66B | €1,324 | €3,628 | +€2,304 | +174% |
| Recurring financial charges | 65 | €1,324 | €3,628 | +€2,304 | +174% |
| Profit (loss) for the period before taxes | 9903 | €71,812 | €104,951 | +€33,139 | +46.1% |
| Income taxes | 67/77 | €22,178 | €31,313 | +€9,135 | +41.2% |
| Profit (loss) for the period | 9904 | €49,634 | €73,638 | +€24,004 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,634 | €73,638 | +€24,004 | +48.4% |
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 23 October 2026 via checked.be.