BWO 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.
BWO CONSULTING
Largest movements
- Current investments +€35,000
up €35,000 (+31.8%), from €110,000 to €145,000
- Tangible fixed assets -€8,841
down €8,841 (-5.0%), from €176,470 to €167,629
of which Land and buildings: -€7,099
- Profit (loss) carried forward +€40,593
up €40,593 (+52.0%), from €78,096 to €118,689
- Debts after one year -€14,031
down €14,031 (-9.0%), from €155,107 to €141,076
- Gross operating margin -€5,602
down €5,602 (-8.0%), from €69,779 to €64,177
- Financial income +€3,540
up €3,540 (+17,698,950%), from €0 to €3,540
- Depreciation -€3,368
down €3,368 (-27.6%), from €12,209 to €8,841
- Taxes +€2,701
up €2,701 (+22.7%), from €11,905 to €14,606
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 | €301,629 | €327,514 | +€25,885 | +8.6% |
| Fixed assets | 21/28 | €176,470 | €167,629 | -€8,841 | -5.0% |
| Tangible fixed assets | 22/27 | €176,470 | €167,629 | -€8,841 | -5.0% |
| Land and buildings | 22 | €173,470 | €166,371 | -€7,099 | -4.1% |
| Furniture and vehicles | 24 | €3,000 | €1,258 | -€1,742 | -58.1% |
| Current assets | 29/58 | €125,159 | €159,885 | +€34,726 | +27.7% |
| Amounts receivable within one year | 40/41 | €8,617 | €9,658 | +€1,041 | +12.1% |
| Trade receivables | 40 | €8,617 | €9,658 | +€1,041 | +12.1% |
| Current investments | 50/53 | €110,000 | €145,000 | +€35,000 | +31.8% |
| Cash at bank and in hand | 54/58 | €4,486 | €4,700 | +€214 | +4.8% |
| Deferred charges and accrued income | 490/1 | €2,056 | €527 | -€1,529 | -74.4% |
| Total equity and liabilities | 10/49 | €301,629 | €327,514 | +€25,885 | +8.6% |
| Equity | 10/15 | €121,427 | €162,020 | +€40,593 | +33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,331 | €38,331 | = | 0.0% |
| Distributable reserves | 133 | €38,331 | €38,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,096 | €118,689 | +€40,593 | +52.0% |
| Amounts payable | 17/49 | €180,202 | €165,494 | -€14,708 | -8.2% |
| Amounts payable after more than one year | 17 | €155,107 | €141,076 | -€14,031 | -9.0% |
| Financial debts | 170/4 | €155,107 | €141,076 | -€14,031 | -9.0% |
| Amounts payable within one year | 42/48 | €25,095 | €24,418 | -€677 | -2.7% |
| Financial debts | 43 | €13,832 | €14,031 | +€199 | +1.4% |
| Credit institutions | 430/8 | €13,832 | €14,031 | +€199 | +1.4% |
| Trade debts | 44 | €3,395 | €1,422 | -€1,973 | -58.1% |
| Suppliers | 440/4 | €3,395 | €1,422 | -€1,973 | -58.1% |
| Taxes, remuneration and social security | 45 | €6,575 | €6,994 | +€419 | +6.4% |
| Taxes | 450/3 | €6,575 | €6,994 | +€419 | +6.4% |
| Other amounts payable | 47/48 | €1,293 | €1,971 | +€678 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,209 | €8,841 | -€3,368 | -27.6% |
| Other operating charges | 640/8 | €1,177 | €1,328 | +€151 | +12.8% |
| Gross operating margin | 9900 | €69,779 | €64,177 | -€5,602 | -8.0% |
| Operating profit (loss) | 9901 | €56,393 | €54,008 | -€2,385 | -4.2% |
| Financial income | 75/76B | €0 | €3,540 | +€3,540 | +17,698,950% |
| Recurring financial income | 75 | €0 | €3,540 | +€3,540 | +17,698,950% |
| Financial charges | 65/66B | €2,589 | €2,349 | -€240 | -9.3% |
| Recurring financial charges | 65 | €2,589 | €2,349 | -€240 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €53,804 | €55,199 | +€1,395 | +2.6% |
| Income taxes | 67/77 | €11,905 | €14,606 | +€2,701 | +22.7% |
| Profit (loss) for the period | 9904 | €41,898 | €40,593 | -€1,306 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,898 | €40,593 | -€1,306 | -3.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.