BWDS 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.
BWDS Consulting
Largest movements
- Cash +€103,774
up €103,774 (+457%), from €22,728 to €126,502
mainly Current investments (+€55,000) and Net result for the year (+€47,597)
- Current investments -€55,000
down €55,000 (-68.8%), from €80,000 to €25,000
- Deferred charges and accrued income -€1,995
down €1,995 (-63.6%), from €3,138 to €1,143
- Reserves +€47,597
up €47,597 (+54.9%), from €86,742 to €134,340
- Gross operating margin +€4,029
up €4,029 (+6.9%), from €58,315 to €62,344
- Financial income +€1,210
up €1,210 (+125%), from €970 to €2,181
- Taxes +€847
up €847 (+7.0%), from €12,129 to €12,976
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 | €121,626 | €170,149 | +€48,522 | +39.9% |
| Fixed assets | 21/28 | - | €1,201 | +€1,201 | |
| Tangible fixed assets | 22/27 | - | €1,201 | +€1,201 | |
| Furniture and vehicles | 24 | - | €1,201 | +€1,201 | |
| Current assets | 29/58 | €121,626 | €168,947 | +€47,321 | +38.9% |
| Amounts receivable within one year | 40/41 | €15,760 | €16,302 | +€542 | +3.4% |
| Trade receivables | 40 | €15,751 | €16,302 | +€551 | +3.5% |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Current investments | 50/53 | €80,000 | €25,000 | -€55,000 | -68.8% |
| Cash at bank and in hand | 54/58 | €22,728 | €126,502 | +€103,774 | +457% |
| Deferred charges and accrued income | 490/1 | €3,138 | €1,143 | -€1,995 | -63.6% |
| Total equity and liabilities | 10/49 | €121,626 | €170,149 | +€48,522 | +39.9% |
| Equity | 10/15 | €91,742 | €139,340 | +€47,597 | +51.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,742 | €134,340 | +€47,597 | +54.9% |
| Distributable reserves | 133 | €86,742 | €134,340 | +€47,597 | +54.9% |
| Amounts payable | 17/49 | €29,884 | €30,809 | +€925 | +3.1% |
| Amounts payable within one year | 42/48 | €29,337 | €29,848 | +€510 | +1.7% |
| Trade debts | 44 | €1,928 | €1,282 | -€646 | -33.5% |
| Suppliers | 440/4 | €1,928 | €1,282 | -€646 | -33.5% |
| Taxes, remuneration and social security | 45 | €19,764 | €20,174 | +€410 | +2.1% |
| Taxes | 450/3 | €19,740 | €20,150 | +€410 | +2.1% |
| Remuneration and social security | 454/9 | €24 | €24 | = | 0.0% |
| Other amounts payable | 47/48 | €7,645 | €8,391 | +€746 | +9.8% |
| Accrued charges and deferred income | 492/3 | €546 | €961 | +€415 | +75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €567 | +€567 | |
| Other operating charges | 640/8 | €319 | €729 | +€409 | +128% |
| Gross operating margin | 9900 | €58,315 | €62,344 | +€4,029 | +6.9% |
| Operating profit (loss) | 9901 | €57,995 | €61,048 | +€3,053 | +5.3% |
| Financial income | 75/76B | €970 | €2,181 | +€1,210 | +125% |
| Recurring financial income | 75 | €970 | €2,181 | +€1,210 | +125% |
| Financial charges | 65/66B | €2,822 | €2,655 | -€167 | -5.9% |
| Recurring financial charges | 65 | €2,822 | €2,655 | -€167 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €56,143 | €60,573 | +€4,430 | +7.9% |
| Income taxes | 67/77 | €12,129 | €12,976 | +€847 | +7.0% |
| Profit (loss) for the period | 9904 | €44,015 | €47,597 | +€3,583 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,015 | €47,597 | +€3,583 | +8.1% |
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 15 October 2026 via checked.be.