BWIC 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.
BWIC Consulting
Largest movements
- Cash +€69,282
up €69,282 (+47.4%), from €146,019 to €215,301
mainly Net result for the year (+€153,050) and Tax, wage and social debts (+€18,350)
- Current investments +€62,500
up €62,500 (+56.8%), from €110,000 to €172,500
- Deferred charges and accrued income +€39,519
up €39,519 (+1,899%), from €2,081 to €41,599
- Tangible fixed assets -€12,795
down €12,795 (-26.0%), from €49,254 to €36,459
of which Furniture and vehicles: -€13,522
- Receivables within one year +€5,824
up €5,824, from €0 to €5,824
of which Trade receivables: +€4,320
- Reserves +€141,050
up €141,050 (+81.2%), from €173,614 to €314,664
- Tax, wage and social debts +€18,350
up €18,350 (+22.6%), from €81,048 to €99,399
- Other debts +€10,108
up €10,108 (+534%), from €1,892 to €12,000
- Debts after one year -€8,983
down €8,983 (-26.5%), from €33,851 to €24,868
- Gross operating margin +€50,716
up €50,716 (+30.3%), from €167,451 to €218,167
- Depreciation +€7,967
up €7,967 (+141%), from €5,638 to €13,605
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 | €307,354 | €471,684 | +€164,329 | +53.5% |
| Fixed assets | 21/28 | €49,254 | €36,459 | -€12,795 | -26.0% |
| Tangible fixed assets | 22/27 | €49,254 | €36,459 | -€12,795 | -26.0% |
| Plant, machinery and equipment | 23 | - | €727 | +€727 | |
| Furniture and vehicles | 24 | €49,254 | €35,732 | -€13,522 | -27.5% |
| Current assets | 29/58 | €258,100 | €435,224 | +€177,124 | +68.6% |
| Amounts receivable within one year | 40/41 | €0 | €5,824 | +€5,824 | |
| Trade receivables | 40 | €0 | €4,320 | +€4,320 | |
| Other amounts receivable | 41 | - | €1,504 | +€1,504 | |
| Current investments | 50/53 | €110,000 | €172,500 | +€62,500 | +56.8% |
| Cash at bank and in hand | 54/58 | €146,019 | €215,301 | +€69,282 | +47.4% |
| Deferred charges and accrued income | 490/1 | €2,081 | €41,599 | +€39,519 | +1,899% |
| Total equity and liabilities | 10/49 | €307,354 | €471,684 | +€164,329 | +53.5% |
| Equity | 10/15 | €178,614 | €319,664 | +€141,050 | +79.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €173,614 | €314,664 | +€141,050 | +81.2% |
| Distributable reserves | 133 | €173,614 | €314,664 | +€141,050 | +81.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €128,740 | €152,020 | +€23,280 | +18.1% |
| Amounts payable after more than one year | 17 | €33,851 | €24,868 | -€8,983 | -26.5% |
| Financial debts | 170/4 | €33,851 | €24,868 | -€8,983 | -26.5% |
| Amounts payable within one year | 42/48 | €94,889 | €127,152 | +€32,262 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €7,936 | €8,983 | +€1,046 | +13.2% |
| Trade debts | 44 | €4,013 | €6,770 | +€2,758 | +68.7% |
| Suppliers | 440/4 | €4,013 | €6,770 | +€2,758 | +68.7% |
| Taxes, remuneration and social security | 45 | €81,048 | €99,399 | +€18,350 | +22.6% |
| Taxes | 450/3 | €81,048 | €99,399 | +€18,350 | +22.6% |
| Other amounts payable | 47/48 | €1,892 | €12,000 | +€10,108 | +534% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,638 | €13,605 | +€7,967 | +141% |
| Other operating charges | 640/8 | €62 | €353 | +€291 | +469% |
| Gross operating margin | 9900 | €167,451 | €218,167 | +€50,716 | +30.3% |
| Operating profit (loss) | 9901 | €161,752 | €204,210 | +€42,458 | +26.2% |
| Financial income | 75/76B | €17 | €1 | -€16 | -91.5% |
| Recurring financial income | 75 | €17 | €1 | -€16 | -91.5% |
| Financial charges | 65/66B | €3,524 | €3,165 | -€359 | -10.2% |
| Recurring financial charges | 65 | €3,524 | €3,165 | -€359 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €158,245 | €201,046 | +€42,801 | +27.0% |
| Income taxes | 67/77 | €46,957 | €47,997 | +€1,039 | +2.2% |
| Profit (loss) for the period | 9904 | €111,288 | €153,050 | +€41,762 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €111,288 | €153,050 | +€41,762 | +37.5% |
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 21 October 2026 via checked.be.