De Wolf Geert 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.
De Wolf Geert Consulting
Largest movements
- Cash +€108,866
up €108,866 (+19.0%), from €572,842 to €681,708
mainly Net result for the year (+€90,634) and Depreciation (+€27,936)
- Tangible fixed assets -€27,936
down €27,936 (-31.5%), from €88,663 to €60,727
of which Furniture and vehicles: -€27,523
- Receivables within one year -€27,446
down €27,446 (-35.3%), from €77,701 to €50,254
of which Trade receivables: -€26,181
- Reserves +€27,840
up €27,840 (+5.3%), from €521,889 to €549,729
of which Distributable reserves: +€27,840
- Other debts +€13,311
up €13,311 (+8.4%), from €157,893 to €171,205
- Trade debts -€9,256
down €9,256 (-42.6%), from €21,717 to €12,461
- Tax, wage and social debts +€8,360
up €8,360 (+312%), from €2,682 to €11,042
- Depreciation +€8,819
up €8,819 (+46.1%), from €19,117 to €27,936
- Gross operating margin +€7,253
up €7,253 (+4.7%), from €154,953 to €162,206
- Financial charges +€3,972
up €3,972 (+57.7%), from €6,880 to €10,852
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 | €754,356 | €803,268 | +€48,911 | +6.5% |
| Fixed assets | 21/28 | €88,663 | €60,727 | -€27,936 | -31.5% |
| Tangible fixed assets | 22/27 | €88,663 | €60,727 | -€27,936 | -31.5% |
| Plant, machinery and equipment | 23 | €1,281 | €867 | -€413 | -32.3% |
| Furniture and vehicles | 24 | €87,383 | €59,860 | -€27,523 | -31.5% |
| Current assets | 29/58 | €665,693 | €742,540 | +€76,847 | +11.5% |
| Stocks and contracts in progress | 3 | €7,209 | €6,475 | -€735 | -10.2% |
| Stocks | 30/36 | €7,209 | €6,475 | -€735 | -10.2% |
| Amounts receivable within one year | 40/41 | €77,701 | €50,254 | -€27,446 | -35.3% |
| Trade receivables | 40 | €72,276 | €46,095 | -€26,181 | -36.2% |
| Other amounts receivable | 41 | €5,424 | €4,159 | -€1,265 | -23.3% |
| Cash at bank and in hand | 54/58 | €572,842 | €681,708 | +€108,866 | +19.0% |
| Deferred charges and accrued income | 490/1 | €7,941 | €4,103 | -€3,838 | -48.3% |
| Total equity and liabilities | 10/49 | €754,356 | €803,268 | +€48,911 | +6.5% |
| Equity | 10/15 | €534,289 | €562,129 | +€27,840 | +5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €521,889 | €549,729 | +€27,840 | +5.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €521,889 | €549,729 | +€27,840 | +5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €220,067 | €241,139 | +€21,072 | +9.6% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €183,503 | €200,628 | +€17,125 | +9.3% |
| Trade debts | 44 | €21,717 | €12,461 | -€9,256 | -42.6% |
| Suppliers | 440/4 | €21,717 | €12,461 | -€9,256 | -42.6% |
| Advances received on contracts in progress | 46 | €1,210 | €5,920 | +€4,710 | +389% |
| Taxes, remuneration and social security | 45 | €2,682 | €11,042 | +€8,360 | +312% |
| Taxes | 450/3 | €2,682 | €11,042 | +€8,360 | +312% |
| Other amounts payable | 47/48 | €157,893 | €171,205 | +€13,311 | +8.4% |
| Accrued charges and deferred income | 492/3 | €6,564 | €10,511 | +€3,947 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,117 | €27,936 | +€8,819 | +46.1% |
| Other operating charges | 640/8 | €1,333 | €1,304 | -€29 | -2.2% |
| Gross operating margin | 9900 | €154,953 | €162,206 | +€7,253 | +4.7% |
| Operating profit (loss) | 9901 | €134,503 | €132,967 | -€1,536 | -1.1% |
| Financial income | 75/76B | €5,707 | €6,243 | +€536 | +9.4% |
| Recurring financial income | 75 | €5,707 | €6,243 | +€536 | +9.4% |
| Financial charges | 65/66B | €6,880 | €10,852 | +€3,972 | +57.7% |
| Recurring financial charges | 65 | €6,880 | €10,852 | +€3,972 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €133,331 | €128,358 | -€4,972 | -3.7% |
| Income taxes | 67/77 | €38,418 | €37,725 | -€693 | -1.8% |
| Profit (loss) for the period | 9904 | €94,913 | €90,634 | -€4,279 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,913 | €90,634 | -€4,279 | -4.5% |
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 23 October 2026 via checked.be.