BWS MANAGEMENT & CONSULTANCY: 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.
BWS MANAGEMENT & CONSULTANCY
Largest movements
- Tangible fixed assets +€599,738
up €599,738 (+131.6%), from €455,692 to €1.1m
of which Land and buildings: +€606,376
- Cash -€110,686
down €110,686 (-45.0%), from €246,106 to €135,419
mainly Investment in fixed assets (net) (-€619,035) and Receivables within one year (-€57,445)
- Receivables within one year +€57,445
up €57,445 (+1148.9%), from €5,000 to €62,445
of which Other amounts receivable: +€62,202
- Debts after one year +€296,223
new in 2025: €296,223
- Reserves +€155,310
up €155,310 (+25.0%), from €620,076 to €775,386
of which Distributable reserves: +€156,839
- Short-term financial debts +€50,000
new in 2025: €50,000
- Trade debts +€30,431
up €30,431 (+371.1%), from €8,201 to €38,632
- Current portion of long-term debt +€26,216
up €26,216, from €0 to €26,216
- Provisions +€85,000
up €85,000, from -€85,000 to €0
- Taxes -€50,161
down €50,161 (-44.7%), from €112,296 to €62,135
- Gross operating margin -€16,923
down €16,923 (-6.4%), from €265,734 to €248,811
- Depreciation +€4,543
up €4,543 (+30.8%), from €14,754 to €19,297
- Financial charges +€3,079
up €3,079 (+37.2%), from €8,281 to €11,360
of which Non-recurring financial charges: +€1,783
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.
Cash bridge derived
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 | €728,041 | €1,268,687 | +€540,646 | +74.3% |
| Fixed assets | 21/28 | €468,692 | €1,068,430 | +€599,738 | +128.0% |
| Tangible fixed assets | 22/27 | €455,692 | €1,055,430 | +€599,738 | +131.6% |
| Land and buildings | 22 | €422,801 | €1,029,177 | +€606,376 | +143.4% |
| Furniture and vehicles | 24 | €20,142 | €13,503 | -€6,638 | -33.0% |
| Other tangible fixed assets | 26 | €12,750 | €12,750 | = | 0.0% |
| Financial fixed assets | 28 | €13,000 | €13,000 | = | 0.0% |
| Current assets | 29/58 | €259,348 | €200,256 | -€59,092 | -22.8% |
| Amounts receivable within one year | 40/41 | €5,000 | €62,445 | +€57,445 | +1148.9% |
| Trade receivables | 40 | €5,000 | €243 | -€4,757 | -95.1% |
| Other amounts receivable | 41 | €0 | €62,202 | +€62,202 | |
| Cash at bank and in hand | 54/58 | €246,106 | €135,419 | -€110,686 | -45.0% |
| Deferred charges and accrued income | 490/1 | €8,242 | €2,392 | -€5,850 | -71.0% |
| Total equity and liabilities | 10/49 | €728,041 | €1,268,687 | +€540,646 | +74.3% |
| Equity | 10/15 | €640,076 | €795,386 | +€155,310 | +24.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €620,076 | €775,386 | +€155,310 | +25.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €63,180 | €61,651 | -€1,529 | -2.4% |
| Distributable reserves | 133 | €556,896 | €713,736 | +€156,839 | +28.2% |
| Provisions and deferred taxes | 16 | €21,060 | €20,550 | -€510 | -2.4% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Deferred taxes | 168 | €21,060 | €20,550 | -€510 | -2.4% |
| Amounts payable | 17/49 | €66,905 | €452,750 | +€385,845 | +576.7% |
| Amounts payable after more than one year | 17 | - | €296,223 | +€296,223 | |
| Financial debts | 170/4 | - | €296,223 | +€296,223 | |
| Amounts payable within one year | 42/48 | €61,601 | €155,971 | +€94,370 | +153.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €26,216 | +€26,216 | |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €8,201 | €38,632 | +€30,431 | +371.1% |
| Suppliers | 440/4 | €8,201 | €38,632 | +€30,431 | +371.1% |
| Advances received on contracts in progress | 46 | €24,000 | €24,160 | +€160 | +0.7% |
| Taxes, remuneration and social security | 45 | €25,924 | €12,135 | -€13,789 | -53.2% |
| Taxes | 450/3 | €25,924 | €12,135 | -€13,789 | -53.2% |
| Other amounts payable | 47/48 | €3,476 | €4,829 | +€1,353 | +38.9% |
| Accrued charges and deferred income | 492/3 | €5,304 | €556 | -€4,748 | -89.5% |
| Non-recurring operating income | 76A | €91,994 | €0 | -€91,994 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,754 | €19,297 | +€4,543 | +30.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€85,000 | €0 | +€85,000 | |
| Other operating charges | 640/8 | €4,639 | €2,258 | -€2,381 | -51.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €265,734 | €248,811 | -€16,923 | -6.4% |
| Operating profit (loss) | 9901 | €331,341 | €227,256 | -€104,085 | -31.4% |
| Financial income | 75/76B | €1,464 | €1,040 | -€424 | -29.0% |
| Recurring financial income | 75 | €1,464 | €1,040 | -€424 | -29.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €8,281 | €11,360 | +€3,079 | +37.2% |
| Recurring financial charges | 65 | €8,281 | €9,577 | +€1,296 | +15.7% |
| Non-recurring financial charges | 66B | - | €1,783 | +€1,783 | |
| Profit (loss) for the period before taxes | 9903 | €324,524 | €216,936 | -€107,589 | -33.2% |
| Transfer from deferred taxes | 780 | €559 | €510 | -€50 | -8.9% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €112,296 | €62,135 | -€50,161 | -44.7% |
| Profit (loss) for the period | 9904 | €212,788 | €155,310 | -€57,477 | -27.0% |
| Transfer from tax-exempt reserves | 789 | €1,678 | €1,529 | -€149 | -8.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €214,466 | €156,839 | -€57,626 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.